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 1
Accounts and bank transfers Valid as of 05.04.2017 Accounts Opening an account (1) Closing the account Payments European payment (3) In Client office and by phone (2) In Internet bank Outgoing payments (4) 5 EUR Standing payment order Conclusion and termination of the agreement 5 EUR Execution of the payment E-invoice standing order Conclusion and termination of the agreement 5 EUR Execution of the payment Incoming payments Other payments (5) Outgoing payments Intra-bank payment 5 EUR An ordinary payment, shared fees 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 Other payment (7) 5 EUR Other fees concerning payments Correction or cancellation of a foreign payment, inquiries regarding foreign payments Issuing a foreign payment confirmation / issuing a copy of a SWIFT message (8) 5 EUR (1) For residents of the European Union, Norway, Iceland, Liechtenstein, Switzerland and citizens of Estonia as well as persons with undetermined citizenship. 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. 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. 2
(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. (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 Transaction fees Identification service Payments and identification service 1% of the transaction amount, max 3 EUR per transaction Connect Conclusion of the agreement 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) Other statement or certificate Responding to inquiries Responding to inquiries (14) Inquiries from auditors 20 EUR PIN calculator Issuing Replacing 50 EUR 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. (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 6 th page of account statement printed in the Client office. 3
(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%. 4
Bank cards Valid from 16.02.2017 Cards Issuing (1) Renewal Closing Replacement 5 EUR Balance and Transactions Query From LHV ATMs From other ATMs in Estonian From other ATMs in a foreign country Cash deposit in LHV ATMs 0.2 EUR 0.4 EUR Cash withdrawal from current account From LHV ATMs From other ATMs in Estonian or in a Member State of the European Economic Area From other ATMs in another foreign country From another bank s office Withdrawal of cash from a credit account and transfer from the credit account to the current account (5) Conversion fee for transactions in foreign currencies (valid from 2.10.2017) Fee for raising the credit limit + 0,3% of the amount that exceeds 10 000 EUR per month 1 EUR + 0,3% of the amount that exceeds 10 000 EUR per month 2 EUR + 2.5% of the amount 2 EUR + 2.5% of the amount 2 EUR + 2.5% of the amount 1% of transaction amount Copy of a receipt or a fee for a groundless dispute of a card transaction Transaction in Estonia Transaction outside Estonia 5 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) Receiving and activating the bank card from the client office 25 EUR 5 EUR Debit Card, Partner Debit Card, Football Debit Card for persons under 26 years of age 1 EUR Credit Card, Partner Credit Card (2) for persons under 26 years of age Interest rate Overdue charge 1 EUR 18% per year on the used amount of credit limit (3) contractual interest rate 5
Interest rate of the exceeded limit 36% per year of the credit limit exceeded Business Debit Card 2 EUR Business Credit Card (2) Interest rate Overdue charge Interest rate of the exceeded limit 2 EUR 18% per year on the used amount of credit (3) 0.2% per day 36% per year of the credit limit exceeded Gold Debit Card (6) (9) for additional card Gold Credit Card (6) (2) (9) for additional card Interest rate Overdue charge Interest rate of the exceeded limit 18% per year on the used amount of credit (3) contractual interest rate 36% per year of the credit limit exceeded Charge Card 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) for additional card Platinum Credit Card (7) for additional card Interest rate 30 EUR 14% per year on the used amount of credit (3) 6
Overdue charge Interest rate of the exceeded limit the Priority Pass salon visit fee for user of Platinum Credit Card for persons accompanying Platinum Credit Card user contractual interest rate 36% per year of the credit limit exceeded 27 USD per visitor Debit-Credit Card (issued before 22 August 2016) Credit Card (2) (issued before 22 August 2016) Interest rate Private person Legal person EUR 2 Overdue charge Private person Legal person Interest rate of the exceeded limit 16% per year on the used amount of credit (3) contractual interest rate 0.2% per day 36% per year of the credit limit exceeded Private Customer Card and Partner Bank Card (2) (issued before 22 August 2016) for a Private Customer Card for persons under 18 years of age Interest rate Overdue charge Interest rate of the exceeded limit 1 EUR (if at least one card transaction or cash withdrawal transaction is made in the calendar month, the monthly fee is not applied) 18% per year on the used amount of credit (3) contractual interest rate 36% per year of the credit limit exceeded Gold Card (6) (2) (issued before 22 August 2016) (9) for additional card Interest rate Overdue charge Interest rate of the exceeded limit 18% per year on the used amount of credit (3) contractual interest rate 36% per year of the credit limit exceeded 7
LHV Partner Credit Card (2) (issued before 31 October 2013) Annual fee Interest rate Overdue charge Interest rate of the exceeded limit 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 18% per year on the used amount of credit contractual interest rate 36% per year of the credit limit exceeded (1) Ordering the first card/additional card within the range of the same card product is 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. 8
Servicing of payment cards Valid as of 15.09.2016 Agreement fees and other fees Agreement signing Payment card service fee Monthly terminal rental fee (1) of e-commerce terminal (1) Processing fee for chargeback Early termination of agreement (2) upon agreement upon agreement upon agreement 20 EUR 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. 9
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 10
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 US options Exercise Modification or cancellation of an option order upon agreement 6 EUR/contract 17 EUR/contract 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 Application for redemption of supplementary funded pension units Limit or Stop-loss order (excl. Estonian, Latvian and Lithuanian securities) 5 EUR 3 EUR 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 Estonian, Latvian and Lithuanian shares SEF LHV Persian Gulf Fund II pillar pension fund units III pillar pension fund units 0.015% per month Growth Account (5) (6) (7) (8) Securities 11
Up to 30,000 EUR The part exceeding 30,000 EUR 0.05% per month, min 1 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. (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 Account, Growth Account, Portfolio Management Account Security transfers Free of payment transfers of (FOP) Estonian, Latvian and Lithuanian securities Delivery versus payments (DVP) of Estonian, Latvian and Lithuanian securities 3 EUR Other foreign securities 7 EUR (11) Estonian CSD account manager change Pledge registration Opening pledge account Transaction with pledged securities Corporate actions Estonian, Latvian and Lithuanian security buying from IPO or additional offering Foreign securities buying from IPO or additional offering, in addition to base fee Participating in shareholders meeting Russian corporate actions (participating in shares buy back) LEI code administrative service Initial LEI code registration for one year LEI-koodi iga-aastane uuendamine 20 EUR 20 EUR 3 EUR upon agreement 50 EUR + actual costs 120 EUR, lisandub käibemaks 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. 12
Loans Valid as of 17.10.2016 Margin loan and selling short Interest rates Margin rates Home Loan Agreement fee Amending the terms and conditions of the agreement Premature repayment (incl. partial repayment) up to 1% of the loan sum, from 300 EUR from Overdraft for a private person Agreement signing and amendment Interest rate Overdue charge Interest rate of the exceeded limit 1% of the limit, min 16% per year of the credit limit in use (1) contractual interest rate 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 Interest rate Limit fee from unused overdraft amount Overdue charge Interest rate of the exceeded limit upon agreement upon agreement 2% per year 0,05% per day contractual interest rate of the exceeded limit Guarantee for a legal person Agreement fee Guarantee fee if secured with a deposit Guarantee fee depending on the collateral 1.5% per year 1.5 4% per year 13
Microloan for a legal person Agreement fee Amendment of the agreement Premature termination of the agreement 1,5% of the loan amount, max 300 EUR 3% of the outstanding loan balance, or upon 3 month s notice Other fees LHV real estate appraisal 50 EUR 14
Leasing Valid as of 18.02.2015 Agreement fees Agreement signing fee Amendment to the lease agreement Change of payment date 1% of the asset price, min 150 EUR 30 EUR Early termination by the lessee Private person in case of agreement with variable interest rate Private person in case of agreement with fixed interest rate If the agreement maturity date is within 1 year If the agreement maturity date is over 1 year Legal person in case of agreement with variable interest rate Legal person in case of agreement with fixed interest rate 0,5% of the residual 1% of the residual 3 month interest 1% of the residual Other fees Power of attorney, document processing fee (1) Notarised power of attorney (1) Release of additional collateral 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 (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%. 15
Price List for Au-clients Valid as of 01.05.2017 (1) Au-client monthly fee Current deposit (2) EUR 1% per year Securities management fees (3) (4) (5) Estonian, Latvian and Lithuanian shares Securities (excl. following securities) Up to 30,000 EUR 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. 16
Price List for Private Banking Clients Valid as of 16.02.2017 (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 The part exceeding 30,000 EUR Estonian, Latvian and Lithuanian shares 0,015 per month (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. 17
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 Private person (1) Legal person 30 EUR (2) Payments European payment (4) Outgoing payments In Client office and by phone (3) In Internet bank Private person 5 EUR Legal person Gold card (1) For residents of the European Union, Norway, Iceland, Liechtenstein, Switzerland and citizens of Estonia as well as persons with undetermined citizenship. (2) For companies registered in Estonia, the European Union (excl. Cyprus, Luxembourg, Malta and the UK) and Norway. (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. 18
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 Consumer loan, home improvement loan and car loan for private person Hire purchase, legal person Amendment to the hire purchase agreement 9,9 99,9 EUR 1% from loan sum, min. 29,9 EUR 19,9 199,9 EUR Overdue charge Private person Legal person Contractual interest rate, min. ECB interest rate (1) + 8% per year 0,2% per day Overdue management fee 5 EUR (2) Early termination by the customer Private person Legal person Free of charge 3% from loan balance Fee for paper invoice 1 EUR (2) Document processing fee (2) (1) The interest rate applicable to the main refinancing operations of the European Central Bank (ECB). (2) Value added tax is included. 19
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 Issuance fee Guarantee fee Fee for non-standard wording (issuance fee will not apply) Guarantee or its amendment drafting fee (if requested by customer) Fee for handling a claim Amendment fee (in case the amout is increased or period extended, relevant guarantee fee will be also applied) Return of the guarantee before expiry SWIFT, mail and courier fees (applicable to international guarantees only) as agreed as agreed 150 EUR min 50 EUR 0,1%, min 150 EUR 50 EUR as per cost, min 20 EUR Guarantee issued in favour of LHV Bank s client Advising Amendment advising SWIFT delivery of the claim under the guarantee Guarantee or its amendment drafting fee (if requested by customer) Authenticity check (if requested by client) Guarantee cancellation notice to the issuer SWIFT, mail and courier fees as per cost, min 50 EUR 50 EUR 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 Issuance fee Risk fee under full cash cover Risk fee under other collateral Document checking fee Deferred payment fee Letter of Credit or amendment drafting fee (if requested by client) Amendment fee Amount increase or prolongation fee Discrepancy fee (will be collected from the beneficiary) SWIFT, mail and courier fees Payment fee (will be deducted from beneficiary s payment) as agreed 1% p.a., min as agreed, min 0,15% of the documents value, min risk fee rate min 75 EUR risk fee rate as per cost, min 20 EUR 35 EUR Export Letter of Credit Advising fee Confirmation risk fee as agreed, min 20
Letter of Credit or amendment drafting fee (if requested by client) Document checking fee (includes pre-checking) Discounting fee Discounting interest Deferred payment fee Assignment of proceeds Amendment fee Cancellation fee Transfer fee (in addition, regular export letter of credit fees will apply) SWIFT, mail and courier fees min 0,15% of the documents value, min 0,1%, min as agreed 65 EUR 50 EUR 0,25%, min 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 Documents against acceptance Partial payment fee (from the second payment) Amendment to collection instructions Release of documents free of payment Cancellation notice fee Fee for release of the goods, (bill of lading endorsement) in case the goods have been consigned to AS LHV Pank SWIFT, mail and courier fees 0,2% of documents value, min 0,25% % of documents value, min 135 EUR 50 EUR 50 EUR 65 EUR 65 EUR 65 EUR 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. 21