If you use bank accounts, payment gateways etc. to make or receive payments, the following fees may occur:
Bank/merchant account setup fees
Bank/merchant account maintenance fees
Service fees per transaction charged by banks or gateways involved
Currency exchange fees
You can also check the full LHV price list (Valid starting from 1st of November 2018) or TransferWise multi-currency account pricing for more information.
These fees are all considered business expenses, as long as the relevant transactions were related to your business activities.