DANSKE BANK A/S LATVIA BRANCH PRICELIST FOR LEGAL CUSTOMERS

Transcription

1 Approved by Management committee of Danske Bank A/S Latvia branch (Meeting No 17/2017 from 24 April 2017) Effective from 1 of July 2017 DANSKE BANK A/S LATVIA BRANCH PRICELIST FOR LEGAL CUSTOMERS 1. Account Account opening and joining fees Annual interest rate for positive account balance Maximum account balance fees Account management Account statement Dispatch of account statements and other documents at the customer's request Remote banking Danske ebank Account with Danske Bank via Foreign Bank Foreign Account Management via Danske ebank Payment Intra-bank payment EUR payment Foreign payment Danske group payment Standing order Other services related to payments Administration of the crediting of funds to account Business banking loans Business banking overdraft Investment loan, working capital loan Business cards` credit limits Trade Finance Documentary credits issued by Danske Bank A/S Latvia branch Documentary credits advised through Danske Bank A/S Latvia branch Guarantees Documentary collection Collateral registration according to Trade Finance agreements Payment cards MasterCard Business credit card (issued till June 30, 2017) MasterCard Corporate Classic (issued from July 3, 2017) MasterCard Corporate Gold with travel insurance and Priority Pass (issued from July 3, 2017) Other services Cheques Packages for business customers Settlement package Payments package Payments package Payments package Payments package Investment services and ancillary services Opening and maintenance of accounts for financial instruments and Money accounts Financial instruments safe-keeping 1; Brokerage transactions Transactions with Danske Invest unit trust funds Other services... 13

2 1. Account 1.1. Account opening and joining fees Opening the bank account for legal entities within the branch Opening the bank account for legal entities registered in LT, EE Opening the bank account for Danske Bank Group customers Opening the bank account for legal entities registered in EU (excl. Malta, Cyprus or United Kingdom) Opening the bank account for legal entities EUR EUR EUR EUR registered in other countries that are not mentioned above Opening the start-up account 1 EUR Opening the escrow account 0,5% of transaction amount (min. EUR ) Opening the deposit account Checking and forwarding of documents to open the current account in another branch of Danske Bank A/S through Danske Bank A/S Estonia, Latvia or Lithuania branch 1.2. Annual interest rate for positive account balance Annual interest rate Account in EUR 0% Account in AUD, CAD, DKK, GBP, NOK, SEK 0% Account in other currencies quoted by Danske Bank 0% Account in USD 0.10 % EUR Maximum account balance fees, % (Annual interest rate) For EUR account balance exceeding EUR European central bank Deposit facility rate For SEK account balance exceeding SEK Swedish central bank Sweden repo rate (decision rate) For CHF account balance exceeding CHF Swiss national bank Interest rate on sight deposits For DKK account balance exceeding DKK Danish national bank Certificates of deposit rate For JPY account balance exceeding JPY Bank of Japan Policy rate balance interest rate Account management Monthly fee for legal entities EUR for all accounts (irrespective of accounts quantity) Monthly fee for legal entities (European Economic Area or Switzerland legal entities) EUR for all accounts (irrespective of accounts quantity) Monthly fee for non-resident legal entities (excl. European Economic Area or Switzerland) EUR for all accounts (irrespective of accounts quantity) Monthly fee for management of the balance of a EUR for all accounts (irrespective of closed current account for legal entities Monthly fee for management of the balance of a closed current account for non-resident legal entities accounts quantity) EUR for all accounts (irrespective of accounts quantity) 1.5. Account statement Deposit account statement in the Business Centre Account statement in the Business Centre (for each account) for period up to 6 months by customer`s request for each account EUR 5.00 for period above 6 months by customer`s request for each account Account statement through Danske ebank p. 2 from 13

3 1.6. Dispatch of account statements and other documents at the customer's request Mailing of documents by mail, by post: EUR 5.00 for period up to 6 months for each account EUR for period above 6 months for each account Mailing of documents abroad agreed individually 1 Bank changes start-up account to current account without commission fee. 2 The fee, without exceeding its absolute value (module) indicated in table above, is applied to legal entities that the bank has individually notified 30 calendar days in advance. It is allowed not to apply the notification term for new Bank customers. The fee is calculated at the end of each calendar day by multiplying the account balance in excess of indicated account balance limit by an absolute value of the fee. The fee is not applied to the balance of the account in case the respective central bank's currency rate is greater than or equal to zero. The charge is debited on basis of calendar month. 3 European central bank Deposit facility rate, see 4 Swedish central bank Sweden repo rate, see 5 Swiss national bank Interest rate on sight deposits, see 6 Danish national bank Certificates of deposit rate, see 7 Bank of Japan Policy rate balance interest rate, see 8 Applied from the third month after the closure of the current account. 2. Remote banking 2.1. Danske ebank Joining fee Issuance of PIN generator EUR Reopening PIN generator after blocking EUR Account with Danske Bank via Foreign Bank Danske Bank Group bank's customers Other bank's customers Activation of account statement (MT940) sending services (the general fee is applied for each account EUR EUR number) Activation of request for transfer (SWIFT MT101) services (the general fee is applied for each account number) Monthly fee for sending of account statements (SWIFT MT940) (the general fee is applied for each account number) Monthly fee for sending of account interim transaction report to a foreign bank (SWIFT MT942) (the general fee is applied for each account number) Execution of the request for transfer (MT101) received via SWIFT Revocation of the request for transfer (MT101) received via SWIFT system Manual processing of the payment order (MT101) received via SWIFT system (the fee is applied if the recipient s bank information or recipient s information is specified incorrectly in the payment order) EUR EUR EUR EUR According to normal or extra urgent payment fee via electronic channels According to fees in Other services related to payments According to fees in Other services related to payments According to normal or extra urgent payment fee via electronic channels According to fees in Other services related to payments According to fees in Other services related to payments p. 3 from 13

4 2.3. Foreign Account Management via Danske ebank Danske Bank Group bank's customers Other bank's customers Conclusion of the agreement on the use of the service of foreign account management in Danske ebank EUR EUR via SWIFT Service fees (for each bank): Account statement receiving (SWIFT MT940 and MT942) EUR per account Initiation of a request for transfer (SWIFT MT101) in Danske ebank for forwarding to a foreign EUR per account bank for changing the contract of foreign account management in Danske Bank via SWIFT 3. Payment 3.1. Intra-bank payment Via electronic channels At a Business Centre Intra-bank payment in EUR Intra-bank payment to own account EUR Intra-bank payment to another customer s account EUR 0.15 EUR Intra-bank payment in foreign currency Intra-bank payment to own account in the currency of a member state of the European EUR 3.00 Economic Area (excl. euro) Intra-bank payment to own account in other foreign currency EUR Intra-bank payment to another customer s account in the currency of a member state of the EUR 0.15 EUR 3.00 European Economic Area (excl. euro) Intra-bank payment to another customer s account in other foreign currency EUR 0.15 EUR EUR payment 2 Via electronic channels At a Business Centre Domestic payment EUR 0.40 EUR EU payment EUR 0.40 EUR Domestic urgent payment EUR 7.50 EUR Foreign payment Normal foreign payment Urgent foreign payment Extra urgent foreign payment Via electronic channels At a Business Centre EUR 9.00 (BEN*/SHA) EUR (BEN*/SHA) EUR (OUR) EUR (OUR) EUR (BEN*/SHA) EUR (BEN*/SHA) EUR (OUR) EUR (OUR) EUR (BEN*/SHA) EUR (BEN*/SHA) EUR (OUR) EUR (OUR) 3.4. Danske group payment Via electronic channels At a Business Centre Intracompany payment within Danske Group Danske group payment (transfer to another EUR 9.00 (BEN*/SHA) EUR (BEN*/SHA) customer s account within Danske Bank Group) except EUR (OUR) EUR (OUR) payments that comply with the conditions of EU payment Danske group payment (transfer to another customer's account within Danske Bank Group) that complies with EU payment conditions EUR 0.40 EUR 3.00 * Payer will not have to pay any fees for making this payment the payee will pay the fees charged by us (as your bank), their own bank and any intermediary bank involved in handling the payment. p. 4 from 13

5 3.5. Standing order Agreement registration According to payment fee via electronic channels for Standing payment order intra-bank payments, payments in EUR or foreign payment orders Target balancing Sweeping / Topping subscription Target balancing Sweeping / Topping monthly fee EUR Target balancing Sweeping / Topping agreement conditions amendment 3.6. Other services related to payments p. 5 from 13 EUR Revocation of payment on the business day if the payment has not been transferred by the Bank domestic payment, EU payment EUR foreign payment EUR Revocation of payment if the payment has been transferred by the Bank intra-bank payment EUR domestic payment, EU payment EUR actual costs foreign payment EUR actual costs Amendment of payment if the payment has not been transferred by the Bank domestic payment, EU payment EUR foreign payment EUR Amendment of payment if the payment has been transferred by the Bank domestic payment, EU payment EUR actual costs foreign payment EUR actual costs Query about a domestic payment, confirmation on the execution of a payment EUR Query about a foreign payment, confirmation on the execution of a foreign payment EUR actual costs Investigation of payment older than 6 months domestic payment, EU payment EUR actual costs foreign payment EUR actual costs Confirmation by the Bank of a completed payment order EUR Issuance of a SWIFT copy of a completed payment performed within 6 months EUR Issuance of a SWIFT copy of a completed payment, performed more than 6 months ago EUR Administration of the crediting of funds to account Crediting of intra-bank payment Crediting of EU payment Crediting of Intracompany payment within Danske Group Crediting of foreign payment in the currency of a member state of the European Economic Area Crediting of foreign payment in other currency EUR Crediting of foreign payment (if fees are paid by the sender; the fee is not applied to the customers of the Bank) Crediting of foreign payment in euro without IBAN from a bank in a contracting state of the European Economic Area (the fee is not applied to the customers of the Bank) Administration of the crediting of funds to payment card account under foreign payment order (funds received in foreign currency are converted into euro and credited to the payment card account) EUR The currencies of the member states of the European Economic Community are: BGN, CHF, CZK, DKK, EUR, GBP, HRK, HUF, ISK, NOK, PLN, RON, SEK

6 2 payment in euro within the European Union (EU), Switzerland and the European Economic Area (EEA) countries Norway, Iceland and Lichtenstein 3 Foreign Payment is a Payment service of the Bank to be executed to the Payee`s PSP acting on behalf of the Payee, if the Payment order is given by the Payer to the Bank in Foreign currency or the Payment order is in euro (EUR) which does not comply with the conditions of the Danske Group payment, Domestic payment, Domestic urgent payment, EU payment, Intra-bank payment or Intracompany payment within Danske Group. Payments can be with fee option: BEN beneficiary means that all PSPs` fees are deducted from the initial payment amount. This type of Service fee is not permitted for payments within the European Economic Area or for payments in currencies of member states of the European Economic Area. SHA shared means that the Payer must pay the Service fees charged by the Payer`s PSP for the payment and the Payee must pay the service fees charged by the Payee`s PSP. In case of payments initiated in the currency of a member state of the European Economic Area and with the type of Service fee shared, the Payer`s PSP, the Payee s PSP and/or a Payment Intermediary is not allowed to deduct any fees from the amount to be transferred in the European Economic Area, except a Payee and his or her or its PSP have agreed that the PSP deducts its fees from the amount transferred before crediting it to the Payee`s account. In such a case, the full amount of the Payment transaction and fees shall be separated in the information given to the Payee. OUR "payment in full" means that all costs are payable by the Payer. The Bank permits initiating payments with the type of Service fee payment in full if the Payer has chosen this type when preparing the Payment order and the payment currency is not a currency of a member state of the European Economic Area or if the Payee`s PSP is located outside the European Economic Area or if the execution of the payment includes currency exchange services. Regarding USD transfers, the Bank does not guarantee that the full amount specified in the Payment order will be credited to the Payee`s account, as this is not permitted by the internal payment system of the USA and the practices applied therein. 4 The customer must submit to the Bank a written application to use the service for intracompany payments. 4. Business banking loans 4.1. Business banking overdraft Agreement fee agreed individually, min. EUR for loan application processing agreed individually, min. EUR Amendment of the terms and conditions of the agreement Increasing of the overdraft amount agreed individually, min. EUR Amendment of the other terms and conditions of the agreement agreed individually, min. EUR Commitment fee (% of undrawn amount) agreed individually for processing customer's applications that are not related to amendments in loan agreement (for agreed individually, min. EUR preparation of permission, reference, etc.) for preparation, processing or approval of loan refinancing documents agreed individually, min. EUR Registration, modification or revocation of collateral by customers request agreed individually, min. EUR Investment loan, working capital loan Agreement fee agreed individually, min. EUR for loan application processing agreed individually, min. EUR Amendment of the terms and conditions of the agreement Increasing of the loan amount agreed individually, min. EUR Amendment of the terms and conditions of the agreement (excl. increasing of the loan amount) agreed individually, min. EUR for processing customer's applications that are not related to amendments in loan agreement (for agreed individually, min. EUR preparation of permission, reference etc. documents) for preparation, processing or approval of loan refinancing documents agreed individually, min. EUR Registration, modification or revocation of collateral by customers request agreed individually, min. EUR p. 6 from 13

7 4.3. Business cards` credit limits Agreement fee Amendment of the terms and conditions of the agreement Credit limit service fee (annual) agreed individually (2-3% of the given credit limit amount) for the account unblocking EUR Default interest for credit limit 30% 5. Trade Finance 5.1. Documentary credits issued by Danske Bank A/S Latvia branch Charges for issuing a documentary credit: issuance commission 0,2% from amount, min. EUR documentary credit issuance commission agreed individually Amendment commission EUR Documentary commission 0,2% from amount, min. EUR Deferred payment commission EUR Cancellation commission EUR Documentary credits advised through Danske Bank A/S Latvia branch Advising commission EUR Confirmation commission agreed individually, min. EUR Amendment commission EUR Documentary commission 0,2% from amount, min. EUR Deferred payment commission with our obligation agreed individually plus EUR Deferred payment commission without our obligation EUR Cancellation commission EUR Transfer of a documentary credit 0,3% from amount, min. EUR Guarantees Charges for issuing a guarantee establishment fee EUR guarantee issuance commission agreed individually Amendment commission EUR Cancellation commission EUR Commission on handling claims under a guarantee EUR Commission for a guarantee issued against a counter guarantee agreed individually plus EUR Advising a guarantee issued by another bank or authentication of the guarantee issued by another bank EUR Documentary collection Collection commission 0,2% from amount, min. EUR 40.00, max. EUR Acceptance fee EUR Amendments EUR Delivery of documents free of payment/return of unpaid documents EUR Charges for passing on the goods consigned to Danske Bank A/S Latvia branch to buyers EUR Protest EUR plus a protest fee set by public notary 5.5. Collateral registration according to Trade Finance agreements Registration, modification or cancellation of collateral by customer request agreed individually, min. EUR p. 7 from 13

8 1 Danske Bank A/S Latvia branch handle documentary credits in accordance with "Uniform Customs and Practice for Documentary Credits" issued by the International Chamber of Commerce and applicable at anytime. Prices include usual postage, SWIFT and transfer charges. Courier service and correspondent bank's fees and charges, if any, are paid by the customer. The Bank has the rights to determine a reasonable fee for the services not included in the price list, but necessary for the fulfilment of the customer's instructions. The documentary credit and guarantee usuance commission is calculated from the date of issuance of the documentary credit or guarantee (including) until the last date of the bank's commitment under the documentary credit or guarantee. The usuance commission shall be paid by the customer on the last business day of the calendar month. For the last month it shall be paid on the last date of the bank's commitment under the documentary credit or guarantee. Confirmation commission is calculated from the date of adding the confirmation (including) until the last date of the bank's commitment under the documentary credit. 2 Prices include usual postage, SWIFT and transfer charges. Courier service and correspondent bank's fees and charges, if any, are paid by the customer. The Bank has the rights to determine a reasonable fee for the services not included in the price list, but necessary for the fulfilment of the customer s instructions. The documentary credit and guarantee usuance commission is calculated from the date of issuance of the documentary credit or guarantee (including) until the last date of the bank's commitment under the documentary credit or guarantee. The usuance commission shall be paid by the customer on the last business day of the calendar month. For the last month it shall be paid on the last date of the bank's commitment under the documentary credit or guarantee. 2 Danske Bank A/S Latvia branch handle documentary collections in accordance with the "Uniform Rules for Collections" issued by the International Chamber of Commerce and applicable at any time. Prices include usual postage, SWIFT and transfer charges. Courier service and correspondent bank's fee and charges, if any, are paid by the customer. 6. Payment cards 6.1. MasterCard Business credit card (issued till June 30, 2017) Annual cardholder's fee for card with travel insurance EUR for card without travel insurance EUR for purchase with the card in Latvia outside Latvia for cash withdrawal in ATM s Nordea ATMs in Latvia at ATMs of other banks in Latvia 1,5% (min. EUR 4.27) at ATMs abroad 1,5% (min. EUR 4.27) Credit limit interest rate 24% per year for overdrawn credit limit 36% per year for card replacement EUR Other conditions of MasterCard Business credit card currency of card EUR favourable period for interest payments (in days) for card statement EUR for card statement at the Bank for each unfounded claim review EUR for express issuing of payment card 1 EUR p. 8 from 13

9 6.2. MasterCard Corporate Classic (issued from July 3, 2017) Card issuing fee EUR Card renewal fee Closing/Blocking the lost card Replacement of credit card EUR Replacement of credit card (in case of lost PIN) EUR Annual servicing fee EUR Amendment of card contract conditions at the customer's request Default interest on exceeding the limit 30% for purchase transaction A balance inquiry at ATMs The fee for the transfer of funds from the card account According to the fees for payments from account provided in the Payment section + 1% of the transferred amount from card credit limit for card statement at the Bank EUR Cash withdrawal: ATM of any bank 2% (min. EUR 3.00) at cash desks of other banks 2% (min. EUR 3.00) per setting / changing of daily / monthly limit at ATM and payment card operations: Via Danske ebank at the Bank s for obtaining payment documents, etc Request of a copy of a payment EUR transaction s receipt and/or submission of an unwarranted reclaim Obtaining a payment document from EUR abroad Currency exchange fee, when transaction 2 % currency is not EUR p. 9 from 13

10 6.3. MasterCard Corporate Gold with travel insurance and Priority Pass (issued from July 3, 2017) Card issuing fee EUR Card renewal fee Closing/Blocking the lost card Replacement of credit card EUR Replacement of credit card (in case of lost PIN) EUR Annual servicing fee EUR Amendment of card contract conditions at the customer's request Default interest on exceeding the limit 30% for purchase transaction A balance inquiry at ATMs The fee for the transfer of funds from the card account According to the fees for payments provided in the Payment section + 1% of the transferred amount from card credit limit for card statement at the Bank EUR Cash withdrawal: ATM of any bank 2% (min. EUR 3.00) at cash desks of other banks 2% (min. EUR 3.00) per setting / changing of daily / monthly limit at ATM and payment card operations: Via Danske ebank at the Bank s for obtaining payment documents, etc Request of a copy of a payment transaction s receipt and/or submission of an EUR unwarranted reclaim Obtaining a payment document from EUR abroad Currency exchange fee, when transaction 2 % currency is not EUR Priority Pass card Issuance/renewal Blocking the lost card Replacement of blocked card EUR Payment per person for one visit to the airport waiting hall EUR p. 10 from 13

11 7. Other services 7.1. Account balance confirmation EUR Issuance of other certificates and statements agreed individually, min. EUR Report for audit purposes min EUR 40.00, max EUR (incl. VAT) 7.4. Forwarding of documents with the courier according to actual costs 7.5. Printout and printouts verification of orders made via electronic channels EUR 3.00 (per 1 printout) 7.6. for the checking of data in the Mortgage Register or Commercial Register (concerning deregistration of the initial pledge, registration of the EUR mortgage amendment, and de-registration of mortgage) 7.7. Issue of copy of recorded document (older than 1 EUR month) 7.8. Checking of information from public registries EUR actual expenses + VAT (Lursoft) 7.9. Acceptance of bailiff s order and the State Revenue Service s collection order for execution Acceptance of bailiff s order and the State EUR Revenue Service s collection order Execution of bailiff s order and the State EUR 3.00 Revenue Service s collection order (per each time) 8. Cheques 8.1. Collection of cheques (these fee rates also apply to the return of unpaid cheques) for cheques up to EUR EUR for cheques above EUR EUR Bank accepts only cheques from the customers of Danske Bank A/S Latvia branch. 2 If the correspondent banks charge will exceed EUR an extra commission will be withheld from cheque amount to cover the costs. 9. Packages for business customers 9.1. Settlement package Monthly fee for Settlement package EUR l Account management Issuance of one PIN generator Payments via electronic channels Domestic payment EU payment Danske group payment (transfer to another first 20 payments (monthly) customer's account within Danske Bank Group) that complies with EU payment conditions Intra-bank payment to another customer s account in EUR p. 11 from 13

12 9.2. Payments package Monthly fee for Payments package 50 EUR l Account management Issuance of one PIN generator Payments via electronic channels Domestic payment EU payment first 50 payments (monthly) Danske group payment (transfer to another customer's account within Danske Bank Group) that complies with EU payment conditions Intra-bank payment to another customer s account in EUR 9.3. Payments package Monthly fee for Payments package 100 EUR l Account management Issuance of one PIN generator Payments via electronic channels Domestic payment EU payment Danske group payment (transfer to another first 100 payments (monthly) customer's account within Danske Bank Group) that complies with EU payment conditions Intra-bank payment to another customer s account in EUR 9.4. Payments package Monthly fee for Payments package 150 EUR l Account management Issuance of one PIN generator Payment via electronic channels Domestic payment EU payment Danske group payment (transfer to another first 150 payments (monthly) customer's account within Danske Bank Group) that complies with EU payment conditions Intra-bank payment to another customer s account in EUR 9.5. Payments package Monthly fee for Payments package 300 EUR l Account management Issuance of one PIN generator Payment Via electronic channels Domestic payment EU payment Danske group payment (transfer to another first 300 payments (monthly) customer's account within Danske Bank Group) that complies with EU payment conditions Intra-bank payment to another customer s account in EUR p. 12 from 13

13 10. Investment services and ancillary services Opening and maintenance of accounts for financial instruments and Money accounts Financial instruments safe-keeping 1; Danske Invest unit trust funds up to % per month, Latvian, Estonian and Lithuanian securities min. EUR 3.00 from % per month Ireland, Australia, Austria, Belgium, Denmark, Great Britain, Hong Kong, Italy, Spain, Japan, United equity 0.015% per month, min EUR 5.00 States of America, Canada, Norway, Holland, Portugal, France, Singapore, Finland, Sweden, Switzerland, bonds 0.015% per month, min EUR 5.00 Germany securities Bosnia, Bulgaria, Czech Republic, Iceland, Israel, Cyprus, Croatia, Poland, Romania, Serbia, Slovakia, Slovenia, The Republic of South Africa, Turkey, Hungary securities Russian and Ukrainian securities equity 0.030% per month, min EUR 5.00 bonds 0.030% per month, min EUR 5.00 equity 0.070% per month, min EUR 5.00 bonds 0.070% per month, min EUR Brokerage transactions Bond transactions agreed individually Equity transactions Latvian, Estonian and Lithuanian equities 0.30% of transaction amount, min. EUR Russian equities 0.50% of transaction amount, min. EUR Equities of other countries % of transaction amount, min. EUR Stamp tax is charged off additionally to the above listed fees when purchasing shares on 0.50% Great Britain stock exchange in British pounds (GBP) Stamp tax is charged off additionally to the above listed fees when purchasing shares on 1.00% Ireland stock exchange Financial transaction tax is charged off additionally to the above listed fees when 0.10% purchasing shares on Italy stock exchange Financial transaction tax is charged off additionally to the above listed fees when 0.20% purchasing shares on France stock exchange Transactions with Danske Invest unit trust funds s according to the Annex No Other services Deal confirmations Deal confirmations at the bank by customer's request Financial instruments account statement for the previous calendar year 4 1 The fee for equity safe-keeping is calculated and charged from average value of securities held in securities account during month (for bonds from nominal value, for equities from market value). can be withheld from any customer's account within the bank. 2 The minimum amount of the fee is calculated in the currency of the transaction in accordance with the official exchange rate announced by the ECB on transaction execution day. 3 The fee is applied to the following equities: Australian, Austrian, Belgian, Canadian, Czech, Danish, Finnish, French, German, Great Britain, Hungarian, Hong Kong, Irish, Italian, Japanese, Netherlands, Norwegian, Polish, Portuguese, South Africa, Spanish, Singapore, Swedish, Swiss, UK, US. 4 Shall be sent/delivered by customer s request. p. 13 from 13