price list - lhv (5) other payments are payments, where the beneficiary’s bank is in sepa area and...
TRANSCRIPT
1
Price List
Price List.................................................................................................................................................. 1
Accounts and bank transfers .................................................................................................................. 2
Bank cards .............................................................................................................................................. 5
Servicing of payment cards ..................................................................................................................... 9
Deposits ................................................................................................................................................ 10
Securities............................................................................................................................................... 11
Loans ..................................................................................................................................................... 13
Leasing .................................................................................................................................................. 15
Price List for Au-clients ......................................................................................................................... 16
Price List for Private Banking Clients .................................................................................................... 17
Price List for non-residents ................................................................................................................... 18
Price List of LHV Finance ...................................................................................................................... 19
Hire-Purchase and Consumer Loan ..................................................................................................... 19
Trade Finance ....................................................................................................................................... 20
2
Accounts and bank transfers Valid as of 05.04.2017
Accounts
Opening an account free of charge (1)
Closing the account free of charge
Payments In Client office and by phone (2)
In Internet bank
European payment (3)
Outgoing payments (4) 5 EUR free of charge
Standing payment order
Conclusion and termination of the agreement 5 EUR free of charge
Execution of the payment free of charge
E-invoice standing order
Conclusion and termination of the agreement 5 EUR free of charge
Execution of the payment free of charge
Incoming payments free of charge
Other payments (5)
Outgoing payments
Intra-bank payment 5 EUR free of charge
An ordinary payment, shared fees 10 EUR 5 EUR
An urgent payment, shared fees 20 EUR 15 EUR
An express payment, shared fees 35 EUR 30 EUR
Full amount to beneficiary, additional fee (6) 20 EUR 20 EUR
TransferWise payment According to TransferWise service fees, minimum fee 2 EUR
Incoming payments
Intra-bank payment free of charge
Other payment (7) 5 EUR
Other fees concerning payments
Correction or cancellation of a foreign payment, inquiries regarding foreign payments
10 EUR (8)
Issuing a foreign payment confirmation / issuing a copy of a SWIFT message
5 EUR
(1) For residents of the European Union, Norway, Iceland, Liechtenstein, Switzerland and citizens of Estonia as well as persons with undetermined citizenship free of charge. For residents of other countries a fee of 200 euros is applied for opening an account. For companies registered in Estonia, the European Union (excl. Cyprus, Luxembourg, Malta and the UK) and Norway free of charge. For companies registered elsewhere a fee of 500 euros is applied for opening an account.
(2) Transactions completed via the client manager of Private Banking according to Private Banking agreement.
(3) European payment is a payment in euros in SEPA area. SEPA area is a single euro payments area, which includes all member states of the European Union and Norway, Iceland, Liechtenstein, Switzerland and Monaco. The service fee type is ‘shared’. Indicating the correct IBAN and BIC is mandatory. Accrual of remitter’s account takes place at the latest on the following banking day.
(4) All fees for the financial institutions, payment services providers and customers who make more than 5 000 outgoing payments per month will be agreed separately.
3
(5) Other payments are payments, where the beneficiary’s bank is in SEPA area and the payment currency is not euro; and payments, where the beneficiary’s bank is located outside of SEPA area and the payment currency is any currency supported by LHV.
(6) The remitter pays the service fee of LHV Pank and foreign banks. If the full amount of service fees exceeds the service fee amount paid by the remitter for LHV Pank, the current account of the remitter shall be automatically debited with the corresponding difference of service fees. “Without charges to beneficiary” (OUR) type of commission fee cannot be used for making payments between the EEA member states or in a currency, effective in the EEA only. The remitter’s bank cannot guarantee that the full amount is transferred to the beneficiary’s account – it can only guarantee that the full amount is transferred by the correspondent bank.
(7) Incoming payment with a note ‘full amount to beneficiary’ is free of charge.
(8) The fee is applicable if the payment has been sent out of LHV Pank and service fees of other banks can be added.
Bank link
Conclusion of the agreement free of charge
Transaction fees
Identification service free of charge
Payments and identification service 1% of the transaction amount, max 3 EUR per transaction
Connect
Conclusion of the agreement free of charge
Monthly fee free of charge
Cash withdrawal from LHV office (9)
Transaction fee 0,4% of the transaction amount
Other fees
Account overdue charge (10) 0.1% per day
Statements
Account statement (11) (12) (13) 10 EUR
Other statement or certificate 10 EUR
Responding to inquiries
Responding to inquiries (14) 10 EUR
Inquiries from auditors 20 EUR
PIN calculator
Issuing 50 EUR
Replacing 50 EUR
Debt collection fee 5 EUR (15)
(9) Service is available only in Tallinn office for customers with Private Banking Services Agreement.
(10) Overdue charge is applied for clients who have minus on their account and who have not accepted special terms and conditions for loan and margin transactions and who do not have an active overdraft agreement.
(11) Account statements in the internet bank are free of charge.
(12) Account statement fee is applicable to one statement of one bank account.
(13) An extra fee of 0.1 EUR is applicable to every page starting from the 6th page of account statement printed in the Client office.
4
(14) Except for the inquiries from the state, supervisory, law enforcement authorities and notaries concerning the rights and obligations of the bequeather.
(15) VAT of 20% is included in the price. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.
5
Bank cards Valid from 16.02.2017
Cards
Issuing (1) free of charge
Renewal free of charge
Closing free of charge
Replacement 5 EUR
Balance and Transactions Query
From LHV ATMs free of charge
From other ATMs in Estonian 0.2 EUR
From other ATMs in a foreign country 0.4 EUR
Cash deposit in LHV ATMs free of charge
Cash withdrawal from current account
From LHV ATMs free of charge + 0,3% of the amount that exceeds 10 000 EUR per month
From other ATMs in Estonian or in a Member State of the European Economic Area 1 EUR + 0,3% of the amount that exceeds 10 000 EUR per month
From other ATMs in another foreign country 2 EUR + 2.5% of the amount
From another bank’s office 2 EUR + 2.5% of the amount
Withdrawal of cash from a credit account and transfer from the credit account to the current account (5)
2 EUR + 2.5% of the amount
Conversion fee for transactions in foreign currencies (valid from 2.10.2017) 1% of transaction amount
Fee for raising the credit limit 10 EUR
Copy of a receipt or a fee for a groundless dispute of a card transaction
Transaction in Estonia 5 EUR
Transaction outside Estonia 10 EUR
Issue of emergency card or emergency cash in a foreign country actual costs, up to 150 EUR
Express order for a bank card (8) 25 EUR
Receiving and activating the bank card from the client office 5 EUR
Debit Card, Partner Debit Card, Football Debit Card
Monthly fee 1 EUR
Monthly fee for persons under 26 years of age free of charge
Credit Card, Partner Credit Card (2)
Monthly fee 1 EUR
Monthly fee for persons under 26 years of age free of charge
Interest rate 18% per year on the used amount of credit limit (3)
Overdue charge contractual interest rate
6
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
Business Debit Card
Monthly fee 2 EUR
Business Credit Card (2)
Monthly fee 2 EUR
Interest rate 18% per year on the used amount of credit (3)
Overdue charge 0.2% per day
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
Gold Debit Card (6)
Monthly fee free of charge (9)
Monthly fee for additional card 10 EUR
Gold Credit Card (6) (2)
Monthly fee free of charge (9)
Monthly fee for additional card 10 EUR
Interest rate 18% per year on the used amount of credit (3)
Overdue charge contractual interest rate
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
Charge Card
Monthly fee 2 EUR
Overdue charge ECB interest rate (4) + 7% per year
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
Private Banking Debit Card (7)
Monthly fee free of charge
Monthly fee for additional card 10 EUR
Platinum Credit Card (7)
Monthly fee free of charge
Monthly fee for additional card 30 EUR
Interest rate 14% per year on the used amount of credit (3)
7
Overdue charge contractual interest rate
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
the Priority Pass salon visit fee
for user of Platinum Credit Card free of charge
for persons accompanying Platinum Credit Card user 27 USD per visitor
Debit-Credit Card (issued before 22 August 2016)
Monthly fee free of charge
Credit Card (2) (issued before 22 August 2016)
Monthly fee
Private person free of charge
Legal person EUR 2
Interest rate 16% per year on the used amount of credit (3)
Overdue charge
Private person contractual interest rate
Legal person 0.2% per day
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
Private Customer Card and Partner Bank Card (2) (issued before 22 August 2016)
Monthly fee 1 EUR (if at least one card transaction or cash withdrawal transaction is made in the calendar month, the monthly fee is not applied)
Monthly fee for a Private Customer Card for persons under 18 years of age free of charge
Interest rate 18% per year on the used amount of credit (3)
Overdue charge contractual interest rate
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
Gold Card (6) (2) (issued before 22 August 2016)
Monthly fee free of charge (9)
Monthly fee for additional card 10 EUR
Interest rate 18% per year on the used amount of credit (3)
Overdue charge contractual interest rate
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
8
LHV Partner Credit Card (2) (issued before 31 October 2013)
Annual fee free of charge in the first year, after the first year free of charge if 200 EUR worth of transactions have been concluded within the year, otherwise 12 EUR
Interest rate 18% per year on the used amount of credit
Overdue charge contractual interest rate
Interest rate of the exceeded limit 36% per year of the credit limit exceeded
(1) Ordering the first card/additional card within the range of the same card product is free of charge for the card user. A fee of 5 EUR per card for each subsequent card for the same card user.
(2) Transactions with the card while purchasing goods or services (cash withdrawals from ATMs are excluded) have an interest free period, starting from the day of the transaction until the repayment date of month following the transaction (in case the repayment date has not been agreed on in the agreement, then until the 20th day of the month following the transaction).
(3) The precise interest rate depends on the client’s estimated credit worthiness and may therefore differ from the price list.
(4) The interest rate applicable to the main refinancing operations of the European Central Bank (ECB).
(5) An interest-free period is not applied for the credit limit withdrawn as cash from the credit account or transferred to the current account. If the transaction from the credit account to the current account is concluded in the Client Office, a transaction fee of 2 EUR is added.
(6) A Gold Card is issued to a client who meets the criteria of an Au-Client and concludes an Au-Client agreement. The added benefits of a Gold Card include travel insurance, purchase protection insurance and upon client request Estravel Gold Card.
(7) A Private Banking Debit Card and a Platinum Credit Card is issued to a client who meets the criteria of a LHV Private Banking and concludes a Private Banking Services Agreement. A Private Banking Debit Card includes purchase protection insurance benefit. The added benefits of a Platinum Credit Card include travel insurance, purchase insurance and upon client request Estravel Platinum Club.
(8) The card will be available for pick-up at the LHV Tallinn or Tartu office. Delivery elsewhere will include a courier fee based on the actual cost.
(9) Gold Card’s monthly fee without an Au-Client agreement is 10 EUR.
9
Servicing of payment cards Valid as of 15.09.2016
Agreement fees and other fees
Agreement signing free of charge
Payment card service fee upon agreement
Monthly terminal rental fee (1) upon agreement
Monthly fee of e-commerce terminal (1) upon agreement
Processing fee for chargeback 20 EUR
Early termination of agreement (2) 50 EUR
(1) Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the
companies outside of European Union are subject to value added tax of 0%. (2) Early termination fee applies if the Merchant terminates the agreement within 6 months of signing the agreement.
10
Deposits Valid as of 01.08.2015
Current deposit (1) Annual interest rate
EUR 0.01%
(1) For a current deposit, i.e. for money on the account interest is calculated every day based on the day’s ending balance of money for all the named currencies and rounded to 2 digits after the decimal point. Interests are paid to the account at the beginning of the next month. Interest is calculated on all accounts, except for money on Startup accounts, Credit accounts, Limit accounts or Trader-accounts.
Term deposit
Interest rates
11
Securities Valid as of 18.10.2017
Transaction fees (1)
Account, Portfolio Management Account
Estonian (OMX Tallinn), Latvian (OMX Riga) and Lithuanian (OMX Vilnius) shares 3 EUR + 0.2%
US (NYSE, NASDAQ, OTC), Canada (Toronto SE), Russian (MICEX), Finnish (OMX Helsinki), Swedish (OMX Stockholm), Danish (OMX Copenhagen), Norwegian (Oslo SE), German (XETRA), Italian (Borsa Italiana), Spanish (Madrid SE), French (Euronext Paris), Netherlands (Euronext Amsterdam), Portugese (Euronext Lisbon), Belgian (Euronext Brussels), Austrian (Vienna SE) and Swiss (SIX SE) shares
11 EUR + 0.3%
UK (London SETS, IOB) shares 11 EUR + 0.8%
Polish (Warsaw SE) shares 15 EUR + 0,5%
Other shares upon agreement
US options 6 EUR/contract
Exercise 17 EUR/contract
Modification or cancellation of an option order 3 EUR
Bonds (2) 6 EUR + 0.2%
Fund units
LHV Varahaldus, Avaron Asset Management, East Capital Asset Management, SEB Fund Management, SEB Varahaldus, Swedbank Investeerimisfondid, Trigon Funds
fund subscription or redemption fee
SEF – LHV Persian Gulf 1% redemption fee
Other funds 1%, min 6 EUR (3)
Fund switch 5 EUR
Application for redemption of supplementary funded pension units 3 EUR
Limit or Stop-loss order (excl. Estonian, Latvian and Lithuanian securities) 3 EUR in addition to base fee
Growth Account
Purchase 1%
Sale according to the Account Price List
(1) Financial transaction tax may be added in case of buying securities.
(2) Minimum amount of 50,000 euros is required, except bonds traded on Nasdaq Baltic bond list.
(3) Upon purchasing or selling fund units, a fund subscription or redemption fee may be added in accordance with the conditions of the fund.
Management fees (4)
Account (5) (6) (7)
Securities (excl. following securities)
Up to 30,000 EUR 0.025% per month, min 2 EUR
The part exceeding 30,000 EUR 0.015% per month
Estonian, Latvian and Lithuanian shares free of charge
SEF – LHV Persian Gulf Fund free of charge
II pillar pension fund units free of charge
III pillar pension fund units free of charge
Growth Account (5) (6) (7) (8)
Securities
12
Up to 30,000 EUR 0.05% per month, min 1 EUR
The part exceeding 30,000 EUR 0.025% per month
Portfolio Management Account (6) (9)
Assets 0.1% per month, min 30 EUR
Baltic analyses (7)
Securities min 5 EUR
(4) Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.
(5) Management fee is calculated on the basis of a month’s average market value of securities. If the market value is not available, the nominal value is taken as a basis.
(6) No fee is charged for an empty account.
(7) If the client has a Portfolio Management account with assets or a Trader Account, then the minimum fee is not applied.
(8) First year free of charge.
(9) Management fee is calculated on the basis of a month’s average market value of the assets (incl. money, deposits and securities). If the market value is not available, the nominal value is taken as a basis.
Other fees (10)
Mandatory funded pension
Applications free of charge
Account, Growth Account, Portfolio Management Account
Security transfers
Free of payment transfers of (FOP) Estonian, Latvian and Lithuanian securities 3 EUR
Delivery versus payments (DVP) of Estonian, Latvian and Lithuanian securities 10 EUR
Other foreign securities 7 EUR (11)
Estonian CSD account manager change 10 EUR
Pledge registration 10 EUR
Opening pledge account 20 EUR
Transaction with pledged securities 20 EUR
Corporate actions free of charge
Estonian, Latvian and Lithuanian security buying from IPO or additional offering 3 EUR
Foreign securities buying from IPO or additional offering, in addition to base fee 10 EUR
Participating in shareholders meeting upon agreement
Russian corporate actions (participating in shares buy back) 50 EUR + actual costs
LEI code administrative service
Initial LEI code registration for one year 120 EUR, lisandub käibemaks
LEI-koodi iga-aastane uuendamine 80 EUR aastas, lisandub käibemaks
(10) If there should be additional brokers’ fees due to corporate actions or securities held in foreign markets then those might be debited from client’s account.
(11) Bank service charges related to the transfer are added.
13
Loans Valid as of 17.10.2016
Margin loan and selling short
Interest rates
Margin rates
Home Loan
Agreement fee up to 1% of the loan sum, from 300 EUR
Amending the terms and conditions of the agreement from 100 EUR
Premature repayment (incl. partial repayment) free of charge
Overdraft for a private person
Agreement signing and amendment 1% of the limit, min 10 EUR
Interest rate 16% per year of the credit limit in use (1)
Overdue charge contractual interest rate
Interest rate of the exceeded limit contractual interest rate of the exceeded limit
(1) Exact interest rate offered to the customer will depend on the customer’s estimated credit worthiness and may therefore differ from what is set forth in the price list.
Overdraft for a legal person
Agreement signing and amendment upon agreement
Interest rate upon agreement
Limit fee from unused overdraft amount 2% per year
Overdue charge 0,05% per day
Interest rate of the exceeded limit contractual interest rate of the exceeded limit
Guarantee for a legal person
Agreement fee 100 EUR
Guarantee fee if secured with a deposit 1.5% per year
Guarantee fee depending on the collateral 1.5−4% per year
14
Microloan for a legal person
Agreement fee 1,5% of the loan amount, max 300 EUR
Amendment of the agreement 100 EUR
Premature termination of the agreement 3% of the outstanding loan balance, or free of charge upon 3 month’s notice
Other fees
LHV real estate appraisal 50 EUR
15
Leasing Valid as of 18.02.2015
Agreement fees
Agreement signing fee 1% of the asset price, min 150 EUR
Amendment to the lease agreement 100 EUR
Change of payment date 30 EUR
Early termination by the lessee
Private person in case of agreement with variable interest rate free of charge
Private person in case of agreement with fixed interest rate
If the agreement maturity date is within 1 year 0,5% of the residual
If the agreement maturity date is over 1 year 1% of the residual
Legal person in case of agreement with variable interest rate 3 month interest
Legal person in case of agreement with fixed interest rate 1% of the residual
Other fees
Power of attorney, document processing fee 10 EUR (1)
Notarised power of attorney 100 EUR (1)
Release of additional collateral 100 EUR
Administration of asset related fines and claims 20 EUR (1) + actual costs
Insurance payments schedule interest rate 8%
Vehicle ownership transfer in Road Administration e-service 10 EUR (1) + state fee
(1) Value added tax is applied. Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.
16
Price List for Au-clients Valid as of 01.05.2017
Monthly fee (1)
Au-client monthly fee 10 EUR
Current deposit (2)
EUR 1% per year
Securities management fees (3) (4) (5)
Estonian, Latvian and Lithuanian shares free of charge
Securities (excl. following securities)
Up to 30,000 EUR free of charge
The part exceeding 30,000 EUR 0,015 per month
(1) The prerequisite for concluding the Au-client agreement is one of the following: monthly EUR 2,000 income to the
customer’s LHV Bank account or overall value of the customer’s assets deposited in LHV Bank at least EUR 50,000. (2) For a current deposit, i.e. for money on the account up to 100,000 euros interest is calculated every day based on the day’s
ending balance of money for all the named currencies and rounded to 2 digits after the decimal point. Interests are paid to the account at the beginning of the next month. Interest is calculated on all accounts, except for money on Startup accounts, Credit accounts, Limit accounts, Portfolio Management accounts or Trader-accounts.
(3) Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.
(4) Management fee is calculated on the basis of a month’s average market value of securities. If the market value is not available, the nominal value is taken as a basis.
(5) No fee is charged for an empty account.
17
Price List for Private Banking Clients Valid as of 16.02.2017
Monthly fee (1)
Private Banking client monthly fee 30 EUR
Current deposit (2)
EUR 1% per year
Securities management fees (3) (4) (5)
Securities (excl. following securities)
Up to 30,000 EUR free of charge
The part exceeding 30,000 EUR 0,015 per month
Estonian, Latvian and Lithuanian shares free of charge
(1) The prerequisite for concluding the Private Banking Services Agreement is overall value of the customer’s assets and securities deposited in LHV Bank at least EUR 100,000.
(2) Terms of a current deposit are valid if Private Banking Services Agreement is signed. For a current deposit, i.e. for money on the account up to 1,000,000 interest is calculated every day based on the day’s ending balance of money for all the named currencies and rounded to 2 digits after the decimal point. Interests are paid to the account at the beginning of the next month. Interest is calculated on all accounts, except for money on Startup accounts, Credit accounts, Limit accounts, Portfolio Management accounts or Trader-accounts.
(3) Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.
(4) Management fee is calculated on the basis of a month’s average market value of securities. If the market value is not available, the nominal value is taken as a basis.
(5) No fee is charged for an empty account.
18
Price List for non-residents Valid as of 01.07.2017
Accounts
Opening an account
Private person 200 EUR (1)
Legal person 500 EUR (2)
Closing the account free of charge
Monthly fee
Private person 10 EUR (1)
Legal person 30 EUR (2)
Payments In Client office and by phone (3)
In Internet bank
European payment (4)
Outgoing payments
Private person 5 EUR free of charge
Legal person 10 EUR free of charge
Gold card
Monthly fee 10 EUR
(1) For residents of the European Union, Norway, Iceland, Liechtenstein, Switzerland and citizens of Estonia as well as persons with undetermined citizenship free of charge.
(2) For companies registered in Estonia, the European Union (excl. Cyprus, Luxembourg, Malta and the UK) and Norway free of charge.
(3) Transactions completed via the client manager of Private Banking according to Private Banking agreement. (4) European payment is a payment in euros in SEPA area. SEPA area is a single euro payments area, which includes all
member states of the European Union and Norway, Iceland, Liechtenstein, Switzerland and Monaco. The service fee type is ‘shared’. Indicating the correct IBAN and BIC is mandatory. Accrual of remitter’s account takes place at the latest on the following banking day.
19
Price List of LHV Finance
Hire-Purchase, consumer loan, car loan and home improvement loan Valid as of 17.03.2017
Agreement and other fees
Agreement signing
Hire purchase, private person 9,9 – 99,9 EUR
Consumer loan, home improvement loan and car loan for private person 1% from loan sum, min. 29,9 EUR
Hire purchase, legal person 19,9 – 199,9 EUR
Amendment to the hire purchase agreement 10 EUR
Overdue charge
Private person Contractual interest rate, min. ECB interest rate (1) + 8% per year
Legal person 0,2% per day
Overdue management fee 5 EUR (2)
Early termination by the customer
Private person Free of charge
Legal person 3% from loan balance
Fee for paper invoice 1 EUR (2)
Document processing fee 10 EUR (2)
(1) The interest rate applicable to the main refinancing operations of the European Central Bank (ECB). (2) Value added tax is included.
20
Trade Finance Valid as of 11.04.2017
Guarantees for a legal person (1)
Guarantees issued by LHV Bank (incl Stand-by Letters of Credit)
Agreement fee, agreement amendment fee as agreed
Issuance fee 100 EUR
Guarantee fee as agreed
Fee for non-standard wording (issuance fee will not apply) 150 EUR
Guarantee or its amendment drafting fee (if requested by customer) min 50 EUR
Fee for handling a claim 0,1%, min 150 EUR
Amendment fee (in case the amout is increased or period extended, relevant guarantee fee will be also applied)
100 EUR
Return of the guarantee before expiry 50 EUR
SWIFT, mail and courier fees (applicable to international guarantees only) as per cost, min 20 EUR
Guarantee issued in favour of LHV Bank’s client
Advising 100 EUR
Amendment advising 100 EUR
SWIFT delivery of the claim under the guarantee 100 EUR
Guarantee or its amendment drafting fee (if requested by customer) as per cost, min 100 EUR
Authenticity check (if requested by client) 50 EUR
Guarantee cancellation notice to the issuer 50 EUR
SWIFT, mail and courier fees as per cost, min 20 eur
(1) In case the services of other banks are being used (advising, authenticity check, etc), these fees are to be borne by the client in addition to the fees stated herein.
Letters of Credit (1) (2)
Import Letter of Credit
Agreement fee, agreement amendment fee as agreed
Issuance fee 100 EUR
Risk fee under full cash cover 1% p.a., min 100 EUR
Risk fee under other collateral as agreed, min 100 EUR
Document checking fee 0,15% of the documents value, min 100 EUR
Deferred payment fee risk fee rate
Letter of Credit or amendment drafting fee (if requested by client) min 75 EUR
Amendment fee 100 EUR
Amount increase or prolongation fee risk fee rate
Discrepancy fee (will be collected from the beneficiary) 100 EUR
SWIFT, mail and courier fees as per cost, min 20 EUR
Payment fee (will be deducted from beneficiary’s payment) 35 EUR
Export Letter of Credit
Advising fee 100 EUR
Confirmation risk fee as agreed, min 100 EUR
21
Letter of Credit or amendment drafting fee (if requested by client) min 100 EUR
Document checking fee (includes pre-checking) 0,15% of the documents value, min 100 EUR
Discounting fee 0,1%, min 100 EUR
Discounting interest as agreed
Deferred payment fee 65 EUR
Assignment of proceeds 100 EUR
Amendment fee 100 EUR
Cancellation fee 50 EUR
Transfer fee (in addition, regular export letter of credit fees will apply) 0,25%, min 100 EUR
SWIFT, mail and courier fees as per cost, min 20 EUR
(1) In case the services of other banks are being used (advising, authenticity check, etc), these fees are to be borne by the client in addition to the fees stated herein.
(2) LHV Bank is handling Letters of Credit subject to and in accordance with "Uniform Customs and Practice for Documentary Credits"), Publication no 600, Paris 2007.
Documentary collection (1)
Cash against documents 0,2% of documents value, min 100 EUR
Documents against acceptance 0,25% % of documents value, min 135 EUR
Partial payment fee (from the second payment) 50 EUR
Amendment to collection instructions 50 EUR
Release of documents free of payment 65 EUR
Cancellation notice fee 65 EUR
Fee for release of the goods, (bill of lading endorsement) in case the goods have been consigned to AS LHV Pank
65 EUR
SWIFT, mail and courier fees as per cost, min 20 EUR
(1) In case the services of other banks are being used (advising, authenticity check, etc), these fees are to be borne by the client in addition to the fees stated herein.