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  1. Private customers
  2. How do i start investing in securities?

How to start investing in funds, shares and bonds?*

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*AS "Citadele banka" does not offer investment portfolio management services, fund and asset management services, individual consultations on investing in financial instruments, or recommendations on the capital markets. These services are provided by companies in the Citadele Group: IPAS "CBL Asset Management", AAS "CBL Life" and AS "CBL Atklātais pensiju fonds”.

3 simple steps to start investing


Sign an agreement with Citadele bank


If you are a Citadele customer, sign an agreement on the opening of a financial instrument account and the enabling of transactions with financial instruments (in accordance with which Citadele will open a financial instrument and financial instrument cash account for you). This is an account into which the securities you purchase will be transferred, as well as the money you intend to use for financial instrument transactions.
Sign agreement can be concluded as follows:

  • The Citadele online bank: Investments > Create new > Application for conclusion of the Contract on Financial Instruments Accounts and Transactions.
Log in to online bank

Transfer funds to your financial instrument cash account


Transfer funds to your financial instrument cash account in the way that's easiest for you

  • The Citadele online bank: Payments > Payments between accounts.
  • The Citadele mobile app: Pay > Between accounts.
  • Additional options, you can also exchange currency within your financial instrument account. You can do this through the Citadele online bank: Payments > Currency exchange.
Log in to online bank Log in to mobile app
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Submit a security purchase/sale order

  • The Citadele online bank: Investments > New order > Order for investment fund unit purchase or redemption or Order for stocks purchase/sale, or Order for bond purchase/sale.
  • By calling a Citadele broker at +371 67010555.
  • Worth to know - if you wish to invest in shares traded on the United States markets, you will also need to fill in and submit a W-8BEN tax form. Find out more by calling a Citadele broker at +371 67010555.
Log in to online bank Call broker
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Other possibilities

You can also start investing in securities by applying for a visit to Citadele's head office in Riga, Republikas laukums 2A, by contacting the broker in advance by phone +371 67010555 or writing to broker@citadele.lv.

Didn’t find the answer to your question?

Visit our interactive assistant and find the information you need

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How much do financial instrument transactions and financial instrument account servicing cost?

Financial instrument purchase and sale transactions are subject to brokerage commissions which are calculated based on the type of financial instrument and the size of the transaction, but please bear in mind that there is a minimum commission fee per transaction, and in some markets there may be an additional fee for transactions. 
You can see brokerage commissions on our Price List under Brokerage Services. 

Meanwhile, the following commission fees apply for financial instrument account servicing: 

  • a monthly fee for holding financial instruments, taken in the customer’s chosen base portfolio currency;
  • a commission fee for the customer’s chosen transaction (receiving, transferring or deregistering securities), which is taken in the transaction currency; 
  • a fee for processing orders for corporate events or tax certification documents for certain financial instrument types. 

You can see the full list of service prices on the Price List under Financial Instrument Account Servicing. 

Commission fees are taken automatically from the money in the customer’s financial instrument account. Customers must ensure that they have a sufficient balance, otherwise there may be a commission fee for a negative balance.

How do I open a financial instrument account?

Existing bank customers can open a financial instrument account. They must have a current account or card account open. We recommend also activating the online bank. 

To open a financial instrument account, you must read the relevant documents, terms and conditions and sign an application to open a financial instrument account and transaction agreement. 

The easiest way to do this is for free through the Citadele online bank under Investments (New Order > Application to open a financial instrument account and transaction agreement). 

If necessary, you can also sign an agreement at any Citadele branch.

How do I submit an order for a financial instrument transaction?

You can submit an order at any branch of the bank, or remotely by phone or through the online bank.

Do I have to pay taxes?

Yes, you must pay income tax on capital gains and on capital (dividend) income.

Can I receive a consultation from the bank on the best investments?

The bank does not give recommendations on the most suitable investment types, and does not recommend specific financial instruments, as only the customer can adequately evaluate and make decisions on their investments, needs and the suitability of specific financial instruments for their aims and requirements. 

However, we recommend that potential investors use Finoterapija, an online consultation prepared by Citadele subsidiary CBL Asset Management, which was created to help customers understand how to better manage their finances.

More questions
How much do financial instrument transactions and financial instrument account servicing cost?

Financial instrument purchase and sale transactions are subject to brokerage commissions which are calculated based on the type of financial instrument and the size of the transaction, but please bear in mind that there is a minimum commission fee per transaction, and in some markets there may be an additional fee for transactions. 
You can see brokerage commissions on our Price List under Brokerage Services. 

Meanwhile, the following commission fees apply for financial instrument account servicing: 

  • a monthly fee for holding financial instruments, taken in the customer’s chosen base portfolio currency;
  • a commission fee for the customer’s chosen transaction (receiving, transferring or deregistering securities), which is taken in the transaction currency; 
  • a fee for processing orders for corporate events or tax certification documents for certain financial instrument types. 

You can see the full list of service prices on the Price List under Financial Instrument Account Servicing. 

Commission fees are taken automatically from the money in the customer’s financial instrument account. Customers must ensure that they have a sufficient balance, otherwise there may be a commission fee for a negative balance.

How do I open a financial instrument account?

Existing bank customers can open a financial instrument account. They must have a current account or card account open. We recommend also activating the online bank. 

To open a financial instrument account, you must read the relevant documents, terms and conditions and sign an application to open a financial instrument account and transaction agreement. 

The easiest way to do this is for free through the Citadele online bank under Investments (New Order > Application to open a financial instrument account and transaction agreement). 

If necessary, you can also sign an agreement at any Citadele branch.

How do I submit an order for a financial instrument transaction?

You can submit an order at any branch of the bank, or remotely by phone or through the online bank.

Do I have to pay taxes?

Yes, you must pay income tax on capital gains and on capital (dividend) income.

Can I receive a consultation from the bank on the best investments?

The bank does not give recommendations on the most suitable investment types, and does not recommend specific financial instruments, as only the customer can adequately evaluate and make decisions on their investments, needs and the suitability of specific financial instruments for their aims and requirements. 

However, we recommend that potential investors use Finoterapija, an online consultation prepared by Citadele subsidiary CBL Asset Management, which was created to help customers understand how to better manage their finances.

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Investment funds

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Short terms savings

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Accumulative life insurance

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