Watch out with Latvian bank accounts!
I had (and I believe I still do have) an account with Paritate bank (
www.paritate.lv) a few years back. It really was great and VERY conveinient. They set me up with a Panamanian company and all was cool until the bank basically went bankrupt...
Luckly I didn't have much cash in the account at the time, but it was still a huge pain in the ass because I couldn't contact anyone at the bank that could answer my questions (in english anyway)
In the end they refunded like 70% of all funds and kept on trading... I don't know how they got away with it - those Latvians are a kooky bunch of people!
So there is a first hand story about Latvian banking... If you want a safe place to put your money, you are better off leaving it under your bed!