Payment systems

Latvijas Banka maintains and develops the electronic clearing system (EKS) for customer payments and instant payments.

Latvijas Banka is the operator of the real time TARGET system for interbank payments and monetary policy operations.

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Payment innovations

Latvijas Banka promotes the development of and innovation in payment instruments in the field.

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Oversight

Latvijas Banka oversees the payment and financial instrument settlement systems to assess their efficiency and security.

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Payment radar

Snapshot of cash and noncash trends.

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Payment statistics

The volume and value of payments processed by interbank payment systems maintained by Latvijas Banka and  payment statistics of Latvia.

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Latest in the area of payments

30.09.2024

The ratio of non-cash payments to cash payments in Latvia is 77% to 23%

The most recent (autumn 2024) "Payment radar" published by...
03.09.2024

395 million non-cash payments totalling 491.8 billion euro were executed in Latvia in the first half of 2024

395.0 million customer non-cash payments totalling...
03.04.2024

Payment radar: the share of non-cash payments has reached a historical high

The most recent (spring 2024) "Payment radar" published by...
26.02.2024

786.1 million non-cash payments totalling 409.3 billion euro were executed in Latvia in 2023

786.1 million customer non-cash payments totalling...
28.09.2023

Payment Radar: the ratio of non-cash to cash payments in Latvia is 73% to 27%

The most recent (autumn 2023) "Payment Radar" of Latvijas Banka...
25.08.2023

Value of non-cash payments executed in Latvia grew notably during the first half of 2023

394.2 million customer non-cash payments totalling...
27.02.2023

730 million non-cash payments totalling 259.1 billion euro were executed in Latvia in 2022

730.0 million customer non-cash payments totalling...