Banking Service Price List for private customers Valid from October 207
Table of contents: Accounts: Account opening Account administration fees Account statement Payments: Estonian payments Foreign payments Additional services Bank Cards: Debit cards Credit cards Electronic channels: Danske Internet Bank Danske Mobile Bank Danske Telephone Bank Identification tools SMS express notification Loans: Home loan Mortgage loan State student loan Freestyle Overdraft Leasings: Lease agreement Amendment of the terms and conditions of the car lease agreement Amendment of the terms and conditions of real estate lease agreement Other services Securities: Opening, closing and transfer of a securities account Securities account administration fee Service fee of brokered transactions Securities transactions Reports Corporate events Funded Pension: Funded Pension Selection Application Application for exchanging the funded pension fund units Application for inheriting units Safe Deposit Boxes: Safe deposit boxes rent Additional services: Certificates Mailing of documents Forwarding of documents with the courier Additional copies of documents Issue of copy of recorded document Examination of documents Business days of payment transactions and deadlines of execution of payments Annual interest rates of current account Deposits: Opening the deposit Withdrawals from Growth Deposit The present price list applies to customers of Danske Bank A/S Estonia branch. The Bank has the right to provide banking services to customers who belong to the Danske Private Banking programme for prices that differ from the ones specified in the price list. Customers can obtain information about this from Danske Internet Bank or from the Bank. Starting from 3 October 206, the existing agreements of private persons will be extended or new agreements will be entered into if the customer has joined the Danske Private Banking programme. Provision of services not listed in the price list shall take place on agreement, i.e. subject to an agreed service fee. 2
Accounts. Account opening.. Current account for customer in the Danske Private Banking target group.2. Escrow account according to agreement.3. Current account with a branch/bank of Danske Bank A/S through Danske Bank A/S Estonia branch Checking and forwarding of documents 200 2. Account administration fees 2.. For private person.50 2.2. Monthly charge for non-resident private persons (excl. citizens of the member country of the European Economic Area or Switzerland) 25 2.3. Monthly charge for management of the balance of a closed current account for private person 2 0 2.4. Monthly charge for management of the balance of a closed current account for non-resident private person 2 200 2.5. Penalty for exceeding the account balance 0.% per day 3. Account statement 3 3.. In the Danske Internet Bank 3.2. In the Danske Mobile Bank 3.3. Digitally confirmed 3 3.4. In the Danske Business Centre 5 Will not be applicable to the current account, which is related to one of the following credit products: home loan, mortgage loan, estate lease or state student loan. 2 Applied from the third month after the closure of the current account. Applied administration fee is not applicable to inheritance held in the bank. 3 Statements of bank transactions performed more than 0 years ago are issued on terms and conditions agreed separately with the customer. 3
Payments. Estonian payments.. Incoming payment.2. Standing payment drafting, amendment, cancellation of a standing payment order execution o to the Growth Deposit, the Freestyle Account, the Capital Deposit tied to the same current account o internal payment 0.6 o payment to another bank 0.50.3. Outgoing payment (incl. internal euro payment) in the Danske Business Centre 3.50 o to the Growth Deposit, the Freestyle Account, the Capital Deposit tied to the same current account over the telephone on the basis of the Private Banking Agreement 6 In the Danske Telephone Bank 3.50 In the Danske Internet Bank o to the Growth Deposit, the Freestyle Account, the Capital Deposit tied to the same current account o internal euro payment 0.6 o payment to another bank 0.50 in the Danske Mobile Bank o to the Growth Deposit, the Freestyle Account, the Capital Deposit tied to the same current account o internal euro payment 0.6 o payment to another bank 0.50.4. Outgoing urgent payment in the Danske Business Centre 0 over the telephone on the basis of the Private Banking Agreement 6 in the Danske Internet Bank 3 in the Danske Mobile Bank 3.5. E-invoice Standing Order conclusion of agreement execution of payment o internal payment 0.6 o payment to another bank 0.50 The fee for a payment made at a branch of the bank is applied to the execution of compulsory collections (collection orders issued by bailiffs, the tax authority and other entitled persons). 4
2. Foreign payments 2.. Internal payment in the foreign currency in the currency of a member state of the European Economic Area (excl euro) 2 in other currencies 4 to the Capital Deposit tied to the same current account 2.2. Incoming payment, type of service fee is Shared or Beneficiary incoming payment which complies with the conditions of EU payment 2 according to. incoming Estonian payment in the currency of a member state of the European Economic Area 5.75 in other currencies 6.50 2.3. Outgoing payment EU payment 2 according to.3 outgoing Estonian payment normal 6.50 urgent 3 5 extra urgent (EUR, USD) 35 2.4. Extra service fees for outgoing payment payment in the currency of a member state of the European Economic Area, in the case of which the payee s IBAN or BIC (if necessary to submit) are not indicated (extra service fee charged in addition to the ordinary service fee charged for an foreign payment) 0 payment in the branch and through Danske Telephone Bank (extra service fee charged in addition to the ordinary service fee charged for a foreign payment) 3.50 payment over the telephone on the basis of the Private Banking Agreement (fee added to the service charge of a foreign payment initiated in a Danske Business Centre) 3.50 payment with type of service fee is Payment in full (extra service fee charged in addition to the ordinary service fee charged for a foreign payment) 4 6 3. Additional services regarding payments 3.. Cancellation of payments cancellation of payment no later than one day before business day cancellation of payment on business day before the payment has been transferred by the Bank 3.20 revocation of an outgoing internal payment 0 revocation of an outgoing foreign payment and domestic payment 3.2. Amendment of payment orders and making of queries a query about a domestic payment, confirmation on the execution of a payment amendment of foreign payment making a query to a foreign bank, confirmation on the execution of an outgoing payment amendment of the value date of a foreign payment (by mutual agreement) 25 + actual costs 0 + actual costs 25 + actual costs 35 + actual costs 35 + actual costs 3.3. Issue of SWIFT copy 4 3.4. Printout and printouts verification of orders made via electronic channels 2.30 The currencies of the member states of the European Economic Area are: BGN, CHF, CZK, DKK, EUR, GBP, HUF, ISK, NOK, PLN, RON, SEK, HRK. 2 The bank applies this price automatically to normal payments started in euros if the payee s bank and the payer s bank are situated in a contracting state of the European Economic Area and the payment details contain the correct IBAN. 3 Service fees charged by foreign banks which exceed the service fee paid by the payer for the payee in the case of the payment with type of service fee Payment in full are also debited to the payer s current account. The maximum amount of additional service fee is 63,9. 4 Fee for an outgoing normal payment (in accordance with clause 2.3 of the price list) is also charged for an urgent payment in euros, if the beneficiary s bank is located in the European Economic Area (EEA). 5
Bank cards. Debit cards.. Card (incl additional card) issuing fee.2. Extension of debit card upon expiry.3. Replacement of debit card 2.4. Monthly administration fee for debit card MasterCard Silverlight for 7 to 25 year old persons (incl.) 0.32 MasterCard Silver o for persons8 60 years old o for persons over 60 years old 0.32 Debit MasterCard / MasterCard Black 2.5. Carrying out payments in Estonia and abroad.6. Cash deposit in Danske Bank ATM s.7. Cash withdrawal.7.. From Danske Bank s ATMs up to 2 000 in a month over 2 000 in a month 0.3% of the amount exceeded+ 0.9.7.2. From ATMs of other banks in Estonia and from all ATMs abroad 2.5% of the amount + 2.8. Request of a copy of a payment transaction s receipt and/or submission of an unwarranted reclaim Transaction in Estonia 5 Transaction abroad 0.9. An inquiry or a PIN code exchange From Danske Bank s ATMs From the ATMs of other banks in Estonia and abroad 0.32 per inquiry.0. Closing of the card.. Urgent order of card and delivery by courier to customer in Tallinn Business Centre (up to business day) 0 in Estonia (up to business day) 35 in a foreign country (up to 3 business days) 55 MasterCard Silverlight and MasterCard Silver cards are not issued from 09.03.206. 6
2. Credit cards 2.. Credit card (incl additional card) annual fee MasterCard Credit 40 MasterCard Platinum 50 2.2. Replacement of card 0 2.3. Carrying out payments in Estonia and abroad 2.4. Cash withdrawal from ATMs in Estonia and from all ATMs abroad 2.5% of the amount + 2 2.5. Request of a copy of a payment transaction s receipt and/or submission of an unwarranted reclaim Transaction in Estonia 5 Transaction abroad 0 2.6. An inquiry or a PIN code exchange From Danske Bank s ATMs From the ATMs of other banks in Estonia and from all ATMs abroad 0.32 per inquiry 2.7. Card transactions history by mail or by e-mail by mail according to Item Account Statement by e-mail 2.8. Closing of the card 2.9. Cost of recovering debt arising from credit card limit agreement debt notification 5 debt notification following expiry of limit agreement 5 forwarding of notice via bailiff Customer compensates actual costs incurred by bank in full 2.0. Fee for blocking of card by Danske Bank 3 2.. Fine for use of blocked, closed or expired card 64 2.2. Fine for exceeding the limit 64 2.3. Fee for conclusion of credit card limit agreement and/or changing credit limit 0 2.4. Urgent order of card and delivery by courier to customer in Tallinn Business Centre (up to business day) 0 in Estonia (up to business day) 35 in a foreign country (up to 3 business days) 55 2.5. Priority Pass lounge visit 25 per visitor MasterCard Credit cards are not issued from 09.03.206. 7
Electronic channels. Danske Internet Bank.. Joining fee.2. Administration fee 2. Danske Mobile Bank 2.. Joining fee 2.2. Administration fee 3. Danske Telephone Bank 3.. Joining fee 3.2. Administration fee 4. Fees for the identification tools used in electronic banking 4.. PIN-calculator issuance 5 reopening after blocking 2 4.2. ID card reader 5.75 5. SMS express notification 5.. Joining fee 5.2. Administration fee 5.3. Fee for SMS notification 0.50 8
Loans. Home loan conclusion of agreement up to % of the loan amount, min 200 amendment of interest period or the type of base interest min 25 + expenses incurred by the Bank due to the amendment amendment of the terms and conditions of the agreement (excl. amendment of interest period or the type of base interest, grace period), incl. amendment up to % of the outstanding principal of the term of the loan, replacement of the collateral loan amount, min 25 granting of the grace period in the repayment of the loan principal 60 fee for a loan guarantee to KredEx (in case of the Home loan guaranteed by KredEx) 2. Mortgage loan 3% of the guarantee amount conclusion of agreement up to % of the loan amount, min 250 amendment of interest period or the type of base interest min 25+ expenses incurred by the Bank due to the amendment amendment of the terms and conditions of the agreement (excl. amendment of interest period or the type of base interest, grace period), incl. amendment up to % of the outstanding principal of the term of the loan, replacement of the collateral loan amount, min 25 granting of the grace period in the repayment of the loan principal 60 3. State student loan conclusion of agreement 2.56 changing of the terms of the agreement 6.39 changing of the repayment schedule 6.39 4. Freestyle 4.. Conclusion of limit agreement up to % of the limit, min 20 4.2. Interest rate of Freestyle 2% per annum on the used part of the limit 4.3. Changing of limit agreement changing of payment date fee for other changes 20 premature termination of agreement 4.4. Cash deposit into Limit account according to Item. under Cash operations 4.5. Cash withdrawal from Limit account in the Tallinn Business Centre.5% of the amount + 3 4.6. Payment order from Limit account according to Item. under Payments 4.7. Advanced repayment of the used limit 4.8. Cost of recovering debt arising from limit agreement debt notification 5 debt notification following expiry of limit agreement 5 forwarding of notice via bailiff Customer compensates actual costs incurred by bank in full 9
5. Overdraft conclusion of agreement % of the limit, min 20 changing of agreement up to % of the limit, min 0 extension of agreement up to % of the limit, min 0 premature termination of agreement interest rate 8% per annum on the used part of the limit 6. Cost of recovering debt arising from loan agreement 6.. Debt notification 5 6.2. First debt notification following expiry of loan agreement debt up to 500 5 debt up to 000 20 debt over 000 25 6.3. Forwarding of notice via bailiff Customer compensates actual costs incurred by bank in full 0
Leasing. Lease agreement (except real estate lease) fees finance lease starting from % of the value of the asset, min 75 operating lease starting from % of the value of the asset, min 75 2. Amendment of the terms and conditions of the car lease agreement 2.. Formalising of an unscheduled additional repayment, reduction or extension of the repayment period 2 25 2.2. Granting of a grace period 2 60 2.3. Amendment of the type of the repayment schedule or the repayment date 2 30 2.4. Amendment of the interest rate 2 up to % of the outstanding amount, min 68 2.5. Re-formalisation of the operating lease agreement into a finance lease agreement 25 2.6. Early termination of the finance lease agreement 2.7. Early termination of the operating lease agreement fee equal to the lease payments for 2 months 3. Amendment of the terms and conditions of real estate lease agreement 3.. Increasing of the amount starting from % of the amount which will be increased, min 200 3.2. Granting of a grace period in connection with child birth 3.3. Amendment of the type of the repayment schedule or the payment date 20 3.4. Amendment of other terms and conditions of the agreement incl. amendment of the interest rate, amendment of the term of the loan, release and replacement of the collateral, granting of a grace period up to % of the outstanding lease amount, min 25 3.5. Formalising of an unscheduled additional repayment % of the repayment amount, min 200 3.6. Early termination of the agreement, if the agreement has been concluded from 0.07.20 Agreements concluded before 0.07.20 and terminated by covenanted notification, interest rate of one month. 4. Cost of recovering debt arising from leasing agreement 4.. Debt notification 5 4.2. First debt notification following expiry of leasing agreement Debt up to 500 5 Debt up to 000 20 Debt over 000 25 4.3. Forwarding of notice via bailiff Customer compensates actual costs incurred by bank in full
5. Other service fees 5.. Ordering a notarial transcript of an agreement 0 + the notary fee 5.2. Delayed payment of taxes (incl. land tax, heavy vehicle tax), overdue claims and unpaid penalties for breach of law while using the Asset 5.3. An unattested proxy for using the vehicle for the first time (registration of vehicle) 25 + actual costs additional copy 0 5.4. Ordering of a notarised power of attorney for using the vehicle (a proxy required in crossing the border, in English, in Estonian, or in Russian) 0 + the notary fee urgent order (if possible within 24 h) 5.5. An authorization document to the Traffic Register needed for ordering a duplicate of the registration certificate 40 + the notary fee 0 + the notary fee (if attested by the Notary Public) 5.6. An authorization document to the Traffic Register needed for the replacement of the registration certificate (incl. replacement of the number plate, amendment of the user s data or another proceeding in the Traffic Register) 0 5.7. An authorization document to the Traffic Register needed for the registration of the vehicle in the name of the bank/in the name of a new owner or for deleting the vehicle from the register (an insured event). 5.8. Formalization of Road Administration e-service transaction 3.20 5.9. Release of additional collateral (incl. suretyship) 2 95 5.0. Release of the vehicle from alienation ban or registered security in the Traffic Register 50 5.. Confirmation of the bank/ formalizing certificates, confirmation letters 35 5.2. Payment of the expenses incurred by the bank due to the relocation of the vehicle 75 + actual costs 5.3. Transfer of the right of ownership to the bank due to the violation of the agreement 75 + actual collection expenses 5.4. Interest rate calculated on insurance payments 8% per annum VAT will be added to the price of service fees pursuant to the Value Added Tax Act. 2 VAT will be added to the above fees pursuant to the Value Added Tax Act, if the agreement has been concluded before 0.06.2005. 2
Securities. Opening, closing and transfer of a securities account.. Opening and closing an intra-bank securities account for Danske Private Banking customer.2. Opening a securities account in the Estonian Register of Securities (registrar Nasdaq CSD, this securities account hereinafter being referred to as the Nasdaq CSD securities account )2 for Danske Private Banking customer 3.20.3. Transfer of the Nasdaq CSD securities account to another account manager 5.4. Replacement of a current account that serves a Nasdaq CSD securities account with another current account opened in the Bank for the securities account holder who is a private person.5. Closing of the Nasdaq CSD securities account 3.20 2. Securities account administration fee 3 2.. Monthly administration fee of a Nasdaq CSD securities account depending on the average value of the portfolio 4 0.003% per month, min 0.92, max 4 2.2. Monthly administration fee of an intra-bank securities account depending on the value of the portfolio at the end on the month 5,6 2.2.. Estonian securities 0.003% per month, min 0.92 2.2.2. Austrian, Australian, Belgian, Canadian, Danish, Finnish, French, German, Hong Kong, Irish, Italian, Japanese, Latvian, Lithuanian, Netherlands, New Zealand, Norwegian, Portuguese, Singapore, Spanish, Swedish, Swiss, UK and US securities 0.05% per month, min.92 2.2.3. Russian and Ukrainian securities 0.07% per month, min 5.98 2.2.4. Securities of other countries 0.03 % per month, min.92 2.3. Danske Invest Fund Management Ltd and Danske Invest Management Company S.A. funds 2.4. Empty intra-bank securities account 2.5. Empty Nasdaq CSD securities account 0.92 3. Service fee of brokered transactions depending on the value of the transaction 7, 8 Estonian, Latvian and Lithuanian equities 0.2%, min 0 Austrian, Belgian, Canadian, Czech, Danish, Finnish, French, German, Hungarian, Irish, Italian, Netherlands, Norwegian, Polish, Portuguese, Spanish, Swedish, Swiss, UK and US equities (incl. ETF 9, GDR 0 and ADR 0 ) 0.25%, min 32 Australian, Hong Kong, Japanese, Mexican, New Zealand and Singapore equities 0.4 %, min 50 3
4. Securities transactions 4.. Transactions in securities filed with the Estonian Register of Securities purchase-sale against payment 3.20 purchase-sale without payment 5 securities subscription fee 2 3.20 registration of a pledge transaction, release and amendment of a pledge 5 transfer of pledged securities 3 0 4.2. Transactions in fund shares 4 subscription for / redemption of the shares of Danske Invest 5 3.20 purchase-sale without payment of fund units of Danske Invest to the same customer s another securities account with the Bank application for inheriting units of supplementary funded pension (redemption or transfer) 6 subscription / redemption of voluntary pension fund.60 standing subscription of voluntary pension fund.60 standing subscription of Danske Invest fund shares exchange of the units of Danske Invest 3.20 exchange of the voluntary pension fund 5 redemption of voluntary pension fund units for the conclusion of the supplementary funded pension insurance contract 5 4.3. Transactions in instruments traded in foreign markets 6,8 transactions with the counterparty, who has no securities account with Danske Bank A/S Estonia branch o Polish, Czech, Hungarian and Russian securities 32 o securities of other countries 20 Danske Bank A/S Estonia branch internal transaction 6.50 subscription for securities 20 registration of a pledge transaction 0 4.4. Cancellation of an order 5 service fee for the respective transaction 5. Reports 2 5.. Securities account statements issued by Bank in the Danske Internet Bank in the Danske Business Centre 7 5 by e-mail 5.2. Statements issued by the Nasdaq CSD advice of the opening of Nasdaq CSD securities account.09 an annual statement 8 4
6. Corporate events 6.. on dividends/interest income 3 to be agreed with the Bank 6.2. application for a more favourable income tax rate on dividends/interest income 3 to be agreed with the Bank 6.3. Processing of transactions related to corporate events 9 0.% of sum + 6.5, max 500 A securities account opened in the Bank on behalf of the customer, where the Bank holds securities registered in foreign depositories. At the request of the customer, the Bank also holds securities registered in the Estonian Register of Securities in the intra-bank securities account 2 A securities account opened on behalf of the customer in the Estonian Register of Securities (registrar Nasdaq CSD). 3 VAT will be added to the price of service fees pursuant to the Value Added Tax Act. 4 The value of the portfolio is calculated on the basis of the average monthly value of the securities as is stands at end of the last calendar day. The calculation of the value of the portfolio is based on the market value of shares (or the nominal value in the case of non-marketable shares), nominal value of securities and net asset value of fund units. The calculation does not include the securities of companies registered in Estonia that are bankrupt or being wound up. The account administration fee is debited from the current account by the 5th of the following month. 5 Computation is based on the value of the portfolio at the end of each month. The value of a portfolio is computed on the basis of the market value of shares, nominal value of bonds and the net asset value of fund shares. The current account is debited with the fee by the 5th day of any following month. 6 The list of mediated markets and possible types of transactions has to be agreed on with the Bank in advance. 7 Brokerage Transactions means execution and settlement of equities orders, where the customer has his custody account in Danske Bank 8 If the Bank is required to pay taxes (e.g. stamp duty on Irish and UK securities transactions or the financial transaction taxes of various countries), fees or other costs associated with the customer's securities transactions and/or brokerage transactions, the Bank has the right to debit them from the customer's current account without additional instructions given by the customer. 9 An exchange-traded fund (ETF = Exchange Traded Fund) is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange. 0 A negotiable certificate held in the Bank of one country representing a specific number of shares of a stock traded on an exchange of another country. Transactions made through a broker of Danske Bank are subject to a fee of brokered transactions. 2 Fees indicated in a tender may apply. 3 Both parties who submit an order for registration, amendment, transfer or realisation of a pledge transaction are charged the fee. 4 In subscribing for and redeeming fund shares subscription or redemption fee may be charged according to the terms and conditions of the respective fund. 5 Invested amounts are converted according to the official exchange rate of European Central Bank. 6 If the cancellation of the order generates costs for the Bank due to price changes or penalties paid to other institutions, such costs will be added to the price of the relevant service and debited from the customer s current account without the additional consent of the customer. 7 Once a year from a branch of the Bank 8 Based on the customer s application submitted separately in each case 9 This fee applies in the case of mergers by buyout, subscriptions, trading in rights or participation in tenders. 5
Deposits. Opening of a deposit according to agreement 2. Withdrawals from Growth Deposit 2.. Disbursement in compliance with product conditions to current account tied to the Growth Deposit in the Danske Business Centre and in the Danske Telephone Bank 3.50 in the Danske Internet Bank o internal payment 0.6 o payment to another bank 0.50 2.2. Premature withdrawal in case of available balance less than 4000 0.3% of the amount, min 3.50 Withdrawals from the Growth Deposit can be made as Estonian payments according to the subdivision Business Days of Payment Transactions and Deadlines of Execution of Payments of the Bank s price list Mandatory funded pension. Funded Pension Selection Application.. In the Danske Business Centre.2. in the Danske Internet Bank 2. Application for exchanging the funded pension fund units 2.. In the branch 3. Application for inheriting units 3.. Application for redemption or transfer of pension fund units to the successor s pension account 22 6
Safe deposit boxes. Boxes up to 5 cm high (4*25*45 cm).. Monthly fee 2 25.2. Earnest money 200.3. Contractual penalty 00 2. Boxes more than 5 cm high (*25*45 cm / 6*25*45 cm / 29*25*45 cm) 2.. Monthly fee 2 40 2.2. Earnest money 200 2.3. Contractual penalty 00 The service will be provided until 3.2.207 by agreement and only in the Tallinn Business Centre. 2 VAT will be added to the service fee pursuant to the Value Added Tax Act. Additional services. Certificates 5.. Certificates requiring special solutions 30 2. Mailing of documents In Estonia 2 Abroad 5 3. Forwarding of documents with the courier according to actual costs 4. Additional copies of documents 0.50 / page 5. Issue of copy of recorded document (older than month) 5 6. Examination of documents 6.. Primary handling fee 50 6.2. Repeated handling fee 30/ hour, min 30 7
Business days of payment transactions and deadlines of execution of payments The Customer can submit payment orders to Danske Bank (hereinafter the Bank ) via e-banking channels (Danske Internet Bank, Danske Mobile Bank, Danske LiveGate, SWIFT) on all calendar days and at the Bank s Business Centres during the opening hours of the branches and the Danske Telephone Bank. If the payment order is submitted to a Business Centre of the Bank or via the Danske Telephone Bank, the payer s account is always debited on the day the payment order is accepted by the Bank. However, in e-banking channels it is also possible to initiate payments with a future date. Payment orders and non-cash conversion orders are accepted for execution under the following conditions, incl. at the following times. Payment orders which reach the Bank later will be accepted for execution on the next business day. The Bank determines the bank s value date for each payment, which is the day on which the payment amount is transferred to the payee s bank. 8
Domestic payments Type of order Business day Debiting of the payer s account The bank s value date Intra-bank and intra-account payments Outgoing domestic payment Incoming domestic payment Standing order From 0.00 to 8:00 on a calendar day that is not a Saturday or Sunday, or a public or national holiday in Estonia A calendar day except Saturday, Sunday and national or public holidays in Estonia or holiday of European clearing system TARGET2. Normal payment s business day is from 0.00 to 6.30, urgent payment s business day is from 0.00 to 7.00 A calendar day from 9.00 to 8.00 except Saturday, Sunday and national or public holidays in Estonia or holiday of European clearing system TARGET2 Either the business day of the intra-account and intra-bank payment or the business day of the domestic payment depending on the type of payment executed on the basis of the standing order On a calendar day specified on the customer s payment order. If the bank receives a payment order after the end of the business day and the payment needs to be additionally checked, then on the next business day. On a calendar day specified on the customer s payment order. If the bank receives a payment order after the end of the business day and the payment needs to be additionally checked, then on the next business day. On the payment date specified on the standing order or in the payment schedule attached as an appendix to the standing order. If the payment date falls on a Saturday, Sunday or a national or public holiday in Estonia and the funds in the customer s account are insufficient to execute the payment, the Bank shall be entitled to monitor receipt of necessary funds in the account during next calendar days until the next day which is not Saturday, Sunday or a national or public holiday in Estonia and shall debit the account on the basis of the standing order immediately after the necessary amount has been received in the account. The same business day The day specified by the payer s payment service provider Crediting of the payee s account On the day on which the payment is accepted for execution. On the day on which the payment is accepted for execution. On a business day immediately after receipt of the amount by the Bank Either on the business day of the intra-account and intra-bank payment or on the business day of the domestic payment depending on the type of payment executed on the basis of the standing order 9
Foreign payments Type of order Business day Debiting of the payer s account Payment in euros in European Economic Area member states Other foreign payment Incoming foreign payment Non-cash conversion A calendar day except Saturday, Sunday and national or public holidays in Estonia or holiday of European clearing system TARGET2. The business days by types of payment are as follows: EU payments: from 0.00 to 6.30 Normal payments: from 0.00 to 7.00 Urgent and extra urgent payments: from 0.00 to 5.00 A calendar day except Saturday, Sunday, national or public holidays in Estonia or in the domicile country of the currency of the payment or holiday of European clearing system TARGET2, if payment currency is the euro. The business days by types of payment are as follows: Normal payments: from 0.00 to 7.00 Urgent and extra urgent payments: from 0.00 to 5.00. A calendar day from 0.00 7.00 except Saturday, Sunday, national or public holidays in Estonia. In the Bank s Business Centres: on the day of receipt of the foreign payment order Via electronic channels: on a calendar day, except Saturday, Sunday, national or public holidays in Estonia. In the Bank s Business Centres: on the day of receipt of the foreign payment order Via electronic channels: on a calendar day, except Saturday, Sunday, national or public holidays in Estonia. Type of order Business day Debiting of the payer s account Non-cash conversion A calendar day from 9.00 to 7.00 (in RUB from 9.00 6.00), except Saturday, Sunday and national or public holidays in Estonia and in the domicile country of the currency to be converted. On the business day on which the conversion order has reached the Bank. The bank s value date Normal foreign payments (one) business day after acceptance of the foreign payment order for execution; Urgent, extra urgent foreign payments and EU payments: the business day on which the foreign payment order is accepted for execution. Normal foreign payments: 2 (two) business days after acceptance of the foreign payment order for execution; Urgent foreign payments: (one) business day after acceptance of the foreign payment order for execution; Extra urgent payments: the business day on which the foreign payment order is accepted for execution. The day specified by the payer s payment service provider or the payment intermediary. The bank s value date Crediting of the payee s account In accordance with the conditions established by the payee s bank. As a rule, on the same or the next business day after the Bank s value date. In accordance with the conditions established by the payee s bank. As a rule, on the same or the next business day after the Bank s value date. On the Bank s value date or on the business day following it ( if the value date differs from the business day) after receipt of the amount by the Bank. Crediting of the payee s account On the business day on which the conversion order has reached the Bank. All deadlines are indicated according to the local (Estonian) time. On business days preceding the national and public holidays in Estonia the deadline of accepting foreign payment orders and non-cash conversion orders for execution is one hour shorter than usual. On business days immediately preceding the st of January, the 24th of February, the 23rd of June and the 24th of December the deadline is three hours shorter than usual. 20
Annual interest rates of current account Currency Currency sign Interest rate Euro Norwegian krone British pound Swedish krona Danish krone US dollar Canadian dollar Australian dollar Other currencies quoted by Danske Bank EUR 0,0% NOK 0,0% GBP 0,0% SEK 0,0% DKK 0,0% USD 0,0% CAD 0,0% AUD 0,0% 0%. Interest is calculated on the minimum monthly balance in the respective currency. 2. Interest calculation is based on a 360-day year and the actual number of days. 3. Monthly interest will be transferred to the customer's current account on the 5th day of the next month, at the latest. 4. In case of non-residents interest is not calculated. 2