Nordea Price List for banks

Transcription

1 Nordea Price List for banks January 2018 Nordea terms and conditions Nordea Danmark, filial af Nordea Bank AB (publ.), Nordea Bank AB (publ.), Finnish Branch, Nordea Bank AB (publ.), filial i Norge, Nordea Bank AB (publ.) DKK covers the ISO code, the country as well as the legal unit of Nordea Danmark, filial af Nordea Bank AB (publ.). EUR covers the ISO code, the country as well as the legal unit of Nordea Bank AB (publ.), Finnish Branch. NOK covers the ISO code, the country as well as the legal unit of Nordea Bank AB (publ.), filial i Norge. SEK covers the ISO code, the country as well as the legal unit of Nordea Bank AB (publ.). This document supersedes all previous editions. Nordea is a member of all relevant domestic clearing systems in the Nordic countries and TARGET, EBA Euro1, EBA STEP1 and STEP2 as well as CLS. Charging of item fees will generally take place monthly unless otherwise stated or agreed. The charges will normally be debited in the local currency. Table of contents Account services... 2 Payments... 3 Bank-to-bank payments... 3 Customer payments... 4 Cheque services... 7 Securities services... 8 Securities lending... 9 Markets... 9 Notes and coins... 9 Trade Finance Nordea contact information... 12

2 Account services Nordea is a provider of clearing services in the Nordic region. Interest conditions Credit interest Debit interest Account maintenance fee per month As agreed As agreed As agreed Reporting MT 950/MT 940 Free of charge Interest statement Free of charge Additional statement Copy of statement ad hoc per item Fax statement per item MT 900/910 per item MT 210 Subject to agreement Quality report/additional request Older than 6 months, minimum per demand 1, ,600 1,800 Audit report Confirmation of balances Complete report for audit purposes 1, ,200 1,200 Web access Please contact your relationship manager. Use of funds Please contact your relationship manager. Please contact your relationship manager for special requests such as additional copy of statements, statements by fax and other matters. Should you consider concentrating your business to Nordea in more than one of the Nordic markets and currencies, please contact your relationship manager to receive information about our favourable pan-nordic terms. CLS nostro agent services Nordea offers CLS Nostro agent services in DKK, NOK and SEK and also a pan-scandinavian offering. Please contact your relationship manager for details. CLS third party services Nordea also offers CLS Third Party Services in the Nordic market. Please contact your relationship manager for details. Loro Account Management For Denmark and Sweden: For Finland Phone Phone loroaccounts@nordea.com loroaccounts@nordea.com For Norway: Phone investigations.no@nordea.com 2

3 Payments Bank-to-bank payments Cut-off times Denmark Payments in DKK (CET) Finland Book transfers in EUR (CET) (CET) Book transfers in DKK and EUR (CET) Norway Payments in NOK Book transfers in NOK Sweden Payments in SEK Book transfers in SEK and EUR (CET) (CET) (CET) For other currencies, please contact Loro Account Management for details. Payments received after cut-off will be handled on a best effort basis. Charges Debits STP (straight-through processing) Debits non-stp Cancellations Not yet executed Executed (effected on a best effort basis) Note: Additional charges from other banks may apply. For EUR, compensation rates are paid according to EBF (European Banking Federation) guidelines. Back-valuations (three months or less) Administrative fee, in house Nordea Administrative fee, where other banks are involved, minimum ,500 Compensation rate Day-to-day EONIA NIBOR REPO rate + 1 % % +1% + 0,25 % Amendment of future value date Administrative fee, in house Nordea Administrative fee, where other banks are involved, minimum ,500 Compensation interest will not be applicable for amendment of future value dates. 3

4 Investigations 1 month or less months Other 1, ,600 1,800 Note: Additional charges from other banks may apply. Compensation interest will not be applicable for amendment of future value dates. Customer payments Cut-off times Denmark Finland Payments in DKK (CET) Payments in USD Payments in USD Payments in GBP Payments in GBP Norway Sweden Payments in NOK Payments in SEK Payments in USD Payments in USD Payments in GBP 15:30 (CET) Payments in GBP 15:30 (CET) For other currencies, please contact Loro Account Management for details. Funds available To our customers DK FI NO SE Without conversion D D D With conversion between in EEA currencies D D D D + 1** D D + 1* D With conversion between in non-eea currencies D + 1 D + 1 D + 1 D +1 *Until PSD2 enters in force in Sweden (preliminary May 2018), payments in non-eea currencies are available on D+1. After implementation funds will be available on D. ** Until PSD2 enters in force in Norway, payments with conversion involving EUR are available on D. All other payments with conversion are available on D+1. 3rd party payments D D D D 3rd party payments in other currencies than the receiving countries currency and EUR are only accepted if there is an account relationship in the instructed currency in place. 4

5 Charges to the sending bank 3 rd party payment with charge option BEN/SHA Payments with charge option OUR * 60** * Payments below NOK 2,000 or equivalent are only charged NOK 50. ** In addition to the above charges Repair fees In favour of both our own customers and 3rd party in addition to the above charges rd party payments in other currencies than the receiving countries currency and EUR are only accepted if there is an account relationship in the instructed currency in place. 3rd party payments with charge option BEN or SHA in favour of a Nordea unit in a country different from the receiving country will be settled with same day value and free of charge. 5

6 Cancellations Not yet executed Executed (effected on a best effort basis) Note: Additional charges from other banks may apply. For EUR, compensation rates are paid according to EBF (European Banking Federation) Guidelines. Back-valuations (three months or less) Administrative fee, in house Nordea Administrative fee, where other banks are involved, minimum ,500 Compensation rate Day-to-day EONIA NIBOR REPO rate + 1 % % +1% % Amendment of future value date Administrative fee, in house Nordea Administrative fee, where other banks are involved, minimum ,500 Compensation interest will not be applicable for amendment of future value dates. Investigations 1 month or less months Other 1, ,600 1,800 Reporting Accumulated monthly charging Ad hoc quality reports Subject to agreement Note: Additional charges from other banks may apply. CM Operations, Denmark CM Operations, Norway Phone Phone CM Operations, Finland CM Operations, Sweden Phone Phone

7 Cheque services Cash letter service Nordea provides a pan-nordic one point of entry for cash letters. Please contact your relationship manager for details. Cheques drawn on any bank in Denmark. the Faroe Islands, Greenland, Finland, Norway or Sweden. The cash letters should be addressed to: Nordea Bank AB Spolka Akcyjna Oddzial w Polsce Nordea Operations Centre CM Operations Al. Pilsudskiego 22, PL Lodz One remittance letter per currency per country. Cheques in DKK Received before (CET) Cheques in EUR Received before (CET) Cheques in NOK Received before (CET) Cheques in SEK Received before (CET) Value two business days after receipt Value three business days after receipt Value two business days after receipt Value two business days after receipt Handling Cash letter Cheque not issued by ourselves The amount will be credited to your account under usual reserve. Cheques in other than local currencies Cheques in Denmark Received before (CET) Cheques in Finland Received before (CET) Cheques in Norway Received before (CET) Cheques in Sweden Received before (CET) Value four business days after receipt Value four business days after receipt Value four business days after receipt Value four business days after receipt Handling Cash letter Cheque not issued by ourselves The amount will be credited to your account under usual reserve. Unpaid returned cheques per cheque Any special handling charges and expenses incurred, such as postage, telex costs etc will be subject to an additional charge. Returned cheques will be advised by SWIFT. 7

8 Cheques drawn on your account DKK cheques drawn on your account with Nordea Bank in Denmark EUR cheques drawn on your account with Nordea Bank in Finland NOK cheques drawn on your account with Nordea Bank in Norway SEK cheques drawn on your account with Nordea Bank in Sweden Handling * Debit value date for DKK, NOK & SEK Debit value date for EUR Two business days prior to processing day The day of processing Stop payment * If issuer s account number is stated on the cheque, debit value will be same day value. Cheques for collection, returned cheques and investigations The collection should be dispatched to the address mentioned under Cash letter service. Collection commission 0.25 % 0.30 % 0.40 % 0.20 % Minimum ,200 Maximum 3, ,000 3,000 Returned cheques Investigations 1 month or less months Other 1, ,600 1,800 CM Operations, Denmark CM Operations, Norway Phone Phone CM Operations, Finland CM Operations, Sweden Phone Phone

9 Sub-custody Nordea provides sub-custody services in the Nordic region for financial institutions. Nordea Danmark, filial af Nordea Bank AB (publ), Sverige Investor Solutions & Services, Client Relations P.O. Box 850 DK-0900 Copenhagen C Denmark Fax Nordea Bank AB (publ.), filial i Norge Investor Solutions & Services, Client Relations P.O.Box 1166, Sentrum NO-0107 Oslo Norway Fax Nordea Bank AB (publ.), Finnish branch Investor Solutions & Services, Client Relations Aleksis Kiven katu 3-5, VC210 FIN NORDEA Finland Fax Nordea Bank AB (publ.) Investor Solutions & Services, Client Relations Mäster Samuelsgatan 21 SE Stockholm Sweden Fax Markets Markets serves both Nordic and major international corporate and institutional customers. Some 700 individuals with a wide range of skills and functions assist in covering these customers different financial needs. Please see: Notes and coins Notes and coins deposited. Sale and remittance of notes and coins abroad Nordea Danmark, filial af Nordea Bank AB (publ.), Sverige Cash Products P.O. Box 850 DK-0900 Copenhagen C Denmark Phone Fax Nordea Bank AB (publ.), Finnish branch 2713 Cash Products and Services FI NORDEA Finland Phone Fax For Nordea in Norway and Sweden: Notes and coins are handled by an external vendor. Securities lending Nordea Bank AB (publ.) Equities Finance Smålandsgatan 15 SE Stockholm Phone Fax

10 Trade Finance The ISO codes cover the applicable Nordic country and currency for applicable commissions. Collections The policy of Nordea is to handle only collection items governed by the latest revision of ICC Uniform Rules for Collections. Collection commission 0.25% 0.30% 0.40% 0.25% Minimum ,000 1,300 Maximum 3, ,000 3,500 Amendments Documentary credits (DCs) The policy of Nordea is to handle only DC items governed by the latest revision of ICC Uniform Customs and Practice for Documentary Credits. Advising commission ,500 1,500 Confirmation commission 1) Depending on the bank/country risk Minimum ,000 1,200 Acceptance or deferred payment 2) Depending on the bank/country risk Minimum ,000 1,200 Documentary commission % 0.25% 0.275% 0.30% Minimum ,000 1,500 Amendments ,200 Transfer commission 0.50% 0.35% 0.40% 0.50% Minimum 2, ,000 5,000 Processing of reimbursement claims ,000 1,500 Financing/discounting Cost of funds + margin Margin subject to agreement Handling fee (charged for every handling/payment/instalment Subject to agreement 110 1,000 1,500 1) Calculated as per actual/360 days. To be paid together with principal 2) Calculated as per actual/360 days. Paid as per instruction in respective case Guarantees, also in the form of SBLC Guarantee commission Subject to agreement minimum for a period of 6 months or fraction thereof ,500 1,100 Transmitting/advising a guarantee without our responsibility ,500 1,200 Issuance/commission (Standard/Non-Standard) /180 2,500/4,000 1,500/3,000 Amendments/ Cancellation /180 1,500 1,200 Commission for handling claims 1, ,500 1,500 Confirmation commission of SBLC Subject to agreement Minimum ,500 1,100 In addition to the above commissions listed for all Trade Finance products; charge for SWIFT messages minimum EUR 35. Postage, courier, express courier, special handling etc will be subject to a separate charge. Charges for additional special measures, inquiries and advices minimum 80 EUR. A breakage fee for ending agreements prematurely may apply. Commission and charges may be charged in local currency or equivalent in EUR or USD. 10

11 Nordea contact information Nordea Danmark, filial af Nordea Bank AB (publ), Sverige Trade Finance Strandgade 3, P.O. Box 850 DK-0900 Copenhagen C Denmark Phone: Swift: NDEA DK KK tradefinance.dk@nordea.com Nordea Bank AB (publ.), filial i Norge Trade Finance P.O.Box 1166 Sentrum N-0107 Oslo Norway Phone: Swift: NDEA NO KK tfdocuments.norway@nordea.com tfguarantee.no@nordea.com Nordea Bank AB (publ.) Trade Finance Mäster Samuelsgatan 17 S Stockholm Sweden Phone: Swift: NDEA SE SS tradefinance.stockholm@nordea.com Nordea Bank AB (publ), Finnish Branch Trade Finance Alexis Kiven Katu 3-5 6b, VC683 FIN NORDEA Finland Phone: / Trade Finance Swift: NDEA FI HH tradefinance.helsinki@nordea.com Nordea Bank AB (publ.) Trade Finance Kilsgatan 4 SE Göteborg Sweden Phone: Swift: NDEA SE GG tradefinance.goteborg@nordea.com The following provisions shall apply with respect to the services provided by Nordea Danmark, filial af Nordea Bank AB (publ.), Sverige, Nordea Bank AB (publ.), Finnish branch, Nordea Bank AB (publ.), filial i Norge and Nordea Bank AB (publ.) (each and jointly Nordea ) and the execution of instructions received by Nordea. All accounts and transactions are subject to the laws of the country where the service provider bank is situated i.e. Denmark, Finland, Norway or Sweden and any given general terms and conditions for payments. Nordea shall not be held responsible for any loss or damage resulting from legal enactment, intervention of a public authority, act of war, strike, lockout, boycott, blockade or any other similar circumstance. The reservation in respect of strikes, lockouts, boycotts and blockades thus applies even if Nordea takes such measures or is the subject of such measures. Nordea shall never be responsible for indirect or consequential loss or damage of any kind. Any other loss or damage that may result from any other cause shall not be indemnified by Nordea if the bank has acted with customary caution. 11