Fees, Charges and Documents
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- Choose the service
- Banking
- Investments
-
Settlement and Cash Services
Go to the service page "Current Account"Current Account
Rates and Charges for Foreign Customers
Current account opening
Individuals
Legal entities
Current account opening
200 EUR
300 EUR
Internetbank registration free of charge free of charge Telephone bank registration
free of charge
free of charge Digipass or code card issue
free of charge
free of charge
Current account maintenance
Individuals
Legal entities
Current account maintenance (per month)
20 EUR1
40 EUR2
Internetbank maintenance free of charge free of charge Telephone bank maintenance
free of charge
free of charge
Notification on current account transactions (SMS or e-mail)
free of charge
free of charge
1 In case an individual has long-term credit obligations, a credit card MasterCard Gold or Visa Gold, or a premium card, or the total amount of funds held by this individual in deposits, savings accounts and securities positions exceedsEUR 50 000, current account of this individual is maintained free of charge.
2 Service charge for current account maintenance for a legal entity, whose total amount of securities positions exceeds 100 000 EUR, is 20 EUR.
Means of identification
Current account password
assignment
free of charge
change 5 LVL
Internetbank user ID
assignment
free of charge
Internetbank password
assignment
free of charge
change free of charge
Authorization tools
Code card
issue
free of charge
change 50 EUR
ABLV Test-Keys
issue
free of charge
change 50 EUR
Digipass
issue of additional one or change
50 EUR
unblocking 10 EUR
References, statements and reports
Regular account statement via Internetbank or e-mail
free of charge
Account report in Internetbank
free of charge
Account statement or report upon request
for current calendar year 15 EUR for previous years
30 EUR
Issue of additional documents (SWIFT and other payment documents) related to account regular statement or report
3 EUR (per document)
Reference on account, balances or card issuing
20 EUR
Other kind of reference
100 EUR
Bank reference letter
100 EUR
Notary certification of a reference
50 EUR
Other services
Change of the Individual’s Card of Specimen Signatures
free of charge
Change of the Legal Entity’s Card of Specimen Signatures and Seal 50 EUR
Verification of the person’s authorization
free of charge Courier mail
actual expenses
Sending documents by fax
5 EUR (per page)
Account closing
100 EUR
Other services
information is available at the bank upon request
Go to the service page "Payments"Payments
Intrabank payments1
Payment currency and type
In Internetbank2
In other cases3 Cut-Off time
Value date4
LVL
between customer’s accounts
free of charge
free of charge
18:30
T
to another account
0.15 LVL
1 LVL
18:30
T
Other currency
between customer’s accounts
free of charge
free of charge
18:30
T
to another account
4 EUR
10 EUR
18:30
T
Outgoing payments
Payment currency and type
In Internetbank2
In other cases3
Cut-Off time5
Value date4
LVL
standard
express60.35 LVL
-
5 LVL-
1 LVL
10 LVL14:00
18:30
15:00T
T+1
TUSD
standard
urgent
express650 USD
75 USD
100 USD65 USD
90 USD
115 USD18:30
16:00
18:30T+1
T
TEUR
standard
urgent
express615 EUR
30 EUR
50 EUR25 EUR
40 EUR
60 EUR18:30
15:00
16:00T+1
T
TAUD, CAD, CZK, DKK, ILS, JPY, LTL, NOK, SEK
standard
30 EUR
40 EUR
18:30
T+1
SGD
standard
30 EUR
40 EUR
14:00
T+1
CHF, GBP, PLN
standard
urgent730 EUR
40 EUR
40 EUR
50 EUR
18:30
13:00T+1
TCNY
standard
100 EUR
110 EUR
11:00
T+2
KZT, MDL
standard
10 EUR
20 EUR
18:30
T+1
RUB
standard
urgentexpress6
10 EUR
20 EUR
40 EUR
20 EUR
30 EUR
50 EUR
18:30
12:0013:00
T+1
TT
BYR, UAH
standard
urgent10 EUR
20 EUR
20 EUR
30 EUR
13:00
12:00
T+1
T
1 Payment to other customer’s account submitted in Internetbank, if its amount does not exceed 10 000 EUR (or equivalent in other currency), and payment between one customer’s accounts (excluding payments from/to cash accounts) is processed on the same day (including Saturdays, Sundays and holidays), provided it had been received before the specified cut-off time (Latvian time). If such payment is received after the specified cut-off time, then it is processed on the next calendar day.
2 If a customer uses electronic payment order form prepared by the Bank officer in Internetbank, the commission specified in Part “In other cases” is applied.
3 Is applied to payments submitted at the Bank office, by telephone (for intrabank payments only), by fax or using the electronic payment order form prepared by the Bank officer in Internetbank.
4 Value date is the date, on which the Bank passes the funds to beneficiary, beneficiary bank or intermediary bank: T – payment processing date, T+1 – the following Bank day after the payment processing date.
5 Payment is processed on the same Bank day, provided it had been received before the specified cut-off time (Latvian time). If it had been received after the specified cut-off time (or on Saturdays, Sundays and holidays), then the payment is processed on the next Bank day.
6 Express payments are performed out of turn.
7 In case it is impossible to execute urgent payment in CHF, GBP or PLN, the Bank is entitled to change payment type to standard.
Types of payment commission
OUR
Customer pays ABLV Bank, AS, commission. In case the banks involved in payment execution request commissions related to the payment, ABLV Bank, AS, writes off those commissions from the customer’s current account with the Bank without customer’s acceptance.
SHA
Customer pays ABLV Bank, AS, commission. Other banks involved in payment execution have right to withhold commissions from the payment amount. BEN
ABLV Bank, AS, withholds commissions from the payment amount. Other banks involved in payment execution have the right to withhold commissions from the payment amount. Minimum payment amount with BEN type of commission payment could not be lower than the commission amount.
For payments in LVL, EUR, CHF, CZK, DKK, GBP, LTL, NOK, PLN or SEK, where both remitting and beneficiary banks are in European Economic Area countries, SHA type of commission payment is to be stated. In case other type of commission payment is stated on such payment order, the bank is entitled to change it to SHA. In this instance, beneficiary bank only is entitled to withhold commission from the payment amount before crediting the latter to the beneficiary’s account, if it is agreed upon by the beneficiary and the beneficiary bank.
The bank processes payments in BYR, RUB, UAH, KZT, MDL only provided OUR type of commission payment is stated. In case other type of commission payment is stated on such payment order, the bank is entitled to change it to OUR.
Regular payments and account balance management
Processing of regular payment orders
free of charge
Payment execution
commission for payment in Internetbank in respective currency
Funds crediting to account8
Payment attributes and currency
Commission
Value date
Correct details provided:
LVL, EUR, CHF, CZK, DKK, GBP, LTL, NOK, PLN, SEK
free of charge
date stated in the payment order
USD
free of charge
If received information on funds crediting to the Bank’s:
1) main correspondent account – date stated in the payment order, but not earlier than the payment processing date;
2) other correspondent account – date stated in the payment order plus one dayOther currency
free of charge date stated in the payment order plus one day, after the information on funds crediting to the correspondent account has been received
Incorrect details provided, also, beneficiary account number not provided in IBAN format:
LVL, EUR, CHF, CZK, DKK, GBP, LTL, NOK, PLN, SEK
20 EUR
date stated in the payment order USD
20 EUR
date, when details are specified
Other currency
20 EUR
date, when details are specified
Correction, cancellation, investigation, and refund of a payment Cancellation or refund of an intrabank payment9
10 EUR
Correction, cancellation, or investigation of an outgoing or incoming payment that is made to / from a bank: in Latvia
10 EUR
outside Latvia
100 EUR + actual investigation costs
Refund of an incoming payment
respective standard payment commission, as submitted at the office
8 Payment is processed on the same Bank day, provided it had been received before 18:30 (Latvian time).
9 Only provided consent by the beneficiary, to whom funds have been credited according to initial payment details. The commission is paid by the service requestor.Go to the service page "Currency Exchange"Currency Exchange
Order is processed on the same Bank day, provided it had been received by the Bank before 18:30 (Latvian time). If order is received after the specified time, then it is processed on the next Bank day. Executing cash currency exchange, the rates and charges for cash operations with banknotes and coins is applied.
Exchanged amount or its equivalent
Currency exchange rate
up to 10 000 EUR (inclusive)1
the bank general exchange rate
over 10 000 EUR
as agreed upon with the bank or the bank general exchange rate (at customer’s option)
1 Order submitted in Internetbank is processed also on Saturdays, Sundays and holidays, provided it had been received before 18:30 (Latvian time). If such order is received after the specified cut-off time, then it is processed by the Bank on the next calendar day.Go to the service page "Cash Services and Cheques"Cash Services and Cheques
Cash operations1
Cash withdrawal from the account
LVL
0.15% (min. 1,00 LVL)
EUR, USD
0.50% (min. 1,00 LVL)
AUD, CAD, CHF, GBP, LTL, DKK, NOK, SEK2
1.00% (min. 1,00 LVL)
Cash deposit to the account
LVL
free of charge
EUR, USD
1,00 LVL
AUD, CAD, CHF, GBP, LTL, DKK, NOK, SEK2
1.00% (min. 1,00 LVL)
Operations with banknotes and coins3
exchange of LVL banknotes to coins
for each 100 coins of the same denomination
0,30 LVL
for each 100 coins of different denomination
1,00 LVL
exchange of LVL coins to banknotes, coins of other denomination, or their deposit to the account
for each 100 coins grouped by denomination
0,30 LVL
for each 100 coins not grouped by denomination
1,00 LVL
preparing banknotes for withdrawal in customer’s ordered denomination
0.25% (min. 5,00 LVL)
depositing defaced, marked banknotes (except LVL) or USD banknotes issued prior to 1988 (including) to the account or their exchange into another currency or new banknotes
3.00% (min. 1,00 LVL)
examination of the banknotes authenticity or their exchange into banknotes of another denomination
0.50% (min. 1,00 LVL)
1Cash operations for foreign customers are provided in the Bank’s central office (23 Elizabetes St.) only.
In order to withdraw cash exceeding50 000 LVL / 50 000 EUR / 50 000 USD in the Bank’s central office (23 Elizabetes St.) or10 000 LVL / 10 000 EUR / 10 000 USD in other Customers service centres, a Customer should order the required amount in the Bank in advance. If the order is placed till 12:00 (Latvian time), cash withdrawal will be executed on the next banking day till 18:00 (Latvian time). The Bank will inform the Customer about exact time of cash withdrawal.
2 Cash deposit, withdrawal, and currency exchange in AUD, CAD, CHF, GBP, LTL, DKK, NOK, SEK is available at the Bank’s central office (23 Elizabetes St.) and CSC “Marija” (13 Marijas St.) only. The Bank shall be entitled to provide the service required partly or to reject it.
3 If a Customer is executing several operations simultaneously, the fees are summed up. Operations only with LVL coins are provided.
Cheques
Collection of cheques
less than 50 USD
5 USD
from 50 to 100 USD
10 USD
exceeding 100 USD
1.00% (min. 25 USD)
cheque processing in case of payment cancelled by corresponding bank
50 USD (per cheque) + foreign banks commissions
-
Payment Cards
Go to the service page "Debit Cards"Debit Cards
Service (EUR1)
Cirrus
Maestro / Electron
Payment card system MasterCard
MasterCard / Visa Base card annual fee 30
30
Annual fee for supplementary card for an individual
30
30
Annual fee for supplementary card for a legal entity
30
30
Card account currency2
EUR, USD
EUR, USD, RUB
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
2 Visa Classic, Visa Business, Visa Gold, and Visa Gold Business cards are available in GBP.
Credit conditions (EUR1)
Cirrus
Maestro / Electron
Maximum credit limit
not available
not available
Fee for used credit limit (p.a.)
not available
not available
Minimum payment (of used credit limit) to be made until 15th next month
not available
not available
Late minimum payment penalty not available
not available
Fee for unauthorized credit (p.a.) 60%
60%
Granting a bonus-overdraft
not available
not available
Fee for bonus-overdraft (p.a.)
not available
not available
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
ATM cash withdrawal limit
24 hours limit
1 500 EUR / 2 000 USD / 1 300 GBP / 60 000 RUB
Fees for purchases, cash withdrawal and payments (EUR1)
Cirrus
Maestro / Electron
Purchases not available
0,2%
Cash withdrawal
2% min. 5
2% min. 5
Intrabank payment from card account 2% min. 5
2% min. 5
Currency conversion fee, if transaction currency differs from the card account currency
2%
2%
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
Fees for additional services (EUR1)
Cirrus
Maestro / Electron
Travel insurance (annual fee per card) not available
not available
SMS notification (for one message)
0,12
0,12 E-mail notification (annual subscription fee) 20 20
Card replacement
20
20
Urgent card production (in 3 hours)2
20
20
Unfounded claim processing
20
20
Transaction documents request
20
20
Card account closing3
20
20
Account statement / report upon request 20
20
PIN-code unblocking
5
5
Monthly account statement via Internetbank / e-mail
free of charge
free of charge
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
2 Reception of application – till 15:00; address of card issue: Riga, Elizabetes 23.
3 The fee is not charged only given an individual’s card account is closed 1 year after being opened.
Service (LVL)
Cirrus
Maestro / Electron
Payment card system MasterCard
MasterCard / Visa Base card annual fee 20
20
Annual fee for supplementary card for an individual 20
20
Annual fee for supplementary card for a legal entity
20
20
Card account currency
LVL
LVL
Credit conditions (LVL)
Cirrus
Maestro / Electron Maximum credit limit
not available
not available
Fee for used credit limit (p.a.)
not available
not available
Minimum payment (of used credit limit) to be made until 15th next month
not available
not available
Late minimum payment penalty not available
not available
Fee for unauthorized credit (p.a.) 60%
60%
Granting a bonus-overdraft
not available
not available
Fee for bonus-overdraft (p.a.)
not available
not available
ATM cash withdrawal limit
24 hours limit
1 000
Fees for purchases, cash withdrawal and payments (LVL)
Cirrus
Maestro / Electron
Purchases not available
0,2%
Cash withdrawal
2% min. 3,50
2% min. 3,50
Intrabank payment from card account 2% min. 3,50
2% min. 3,50
Currency conversion fee, if transaction currency differs from the card account currency
2%
2%
Fees for additional services (LVL)
Cirrus
Maestro / Electron
Travel insurance (annual fee per card) not available
not available
SMS notification (for one message)
0,07
0,07
E-mail notification (annual subscription fee) 15 15
Card replacement
15
15
Urgent card production (in 3 hours)1
15
15
Unfounded claim processing
15
15
Transaction documents request 15
15
Card account closing2
15
15
Account statement / report upon request 15
15
PIN-code unblocking
3,50
3,50
Monthly account statement via Internetbank / e-mail
free of charge
free of charge
1 Reception of application – till 15:00; address of card issue: Riga, Elizabetes 23.
2 The fee is not charged only given an individual’s card account is closed 1 year after being opened.Go to the service page "Credit Cards"Credit Cards
Service (EUR1)
Classic / Business
Gold / Gold Business
Payment card system MasterCard / Visa
MasterCard / Visa Base card annual fee 50
100
Annual fee for supplementary card for an individual
25
60
Annual fee for supplementary card for a legal entity
50
100
Card account currency2
EUR, USD, GBP
EUR, USD, GBP
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
2 Visa Classic, Visa Business, Visa Gold, and Visa Gold Business cards are available in GBP.
Credit conditions (EUR1)
Classic / Business
Gold / Gold Business
Maximum credit limit
5 000 EUR / 7 000 USD / 4 500 GBP
20 000 EUR / 28 000 USD / 18 000 GBP
Fee for used credit limit (p.a.)
24%
24%
Minimum payment (of used credit limit) to be made until 15th next month
10%
10%
Late minimum payment penalty 10
10
Fee for unauthorized credit (p.a.) 60%
60%
Granting a bonus-overdraft
20
20
Fee for bonus-overdraft (p.a.)
60%
60%
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
ATM cash withdrawal limit
24 hours limit
1 500 EUR / 2 000 USD / 1 300 GBP / 60 000 RUB
Fees for purchases, cash withdrawal and payments (EUR1)
Classic / Business
Gold / Gold Business
Purchases 0,1%
free of charge
Cash withdrawal
2% min. 5
2% min. 5
Intrabank payment from card account 2% min. 5
2% min. 5
Currency conversion fee, if transaction currency differs from the card account currency
2%
2%
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
Fees for additional services (EUR1)
Classic / Business
Gold / Gold Business
Travel insurance (annual fee per card) 20
free of charge
SMS notification (for one message)
0,12
free of charge
E-mail notification (annual subscription fee) 20 free of charge
Card replacement
20
20
Urgent card production (in 3 hours)2
20
20
Unfounded claim processing
20
20
Transaction documents request
20
20
Card account closing3
20
20
Account statement / report upon request 20
20
PIN-code unblocking
5
free of charge
Monthly account statement via Internetbank / e-mail
free of charge
free of charge
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
2 Reception of application – till 15:00; address of card issue: Riga, Elizabetes 23.
3 The fee is not charged only given an individual’s card account is closed 1 year after being opened.
Service (LVL)
Classic / Business
Gold / Gold Business
Payment card system MasterCard / Visa
MasterCard / Visa Base card annual fee 35
50
Annual fee for supplementary card for an individual 20
30
Annual fee for supplementary card for a legal entity
35
50
Card account currency
LVL
LVL
Credit conditions (LVL)
Classic / Business
Gold / Gold Business
Maximum credit limit
3 500
14 000
Fee for used credit limit (p.a.)
24%
24%
Minimum payment (of used credit limit) to be made until 15th next month
10%
10%
Late minimum payment penalty 7
7
Fee for unauthorized credit (p.a.) 60%
60%
Granting a bonus-overdraft
15
15
Fee for bonus-overdraft (p.a.)
60%
60%
ATM cash withdrawal limit
24 hours limit
1 000
Fees for purchases, cash withdrawal and payments (LVL)
Classic / Business
Gold / Gold Business
Purchases 0,1%
free of charge
Cash withdrawal
2% min. 3,50
2% min. 3,50
Intrabank payment from card account 2% min. 3,50
2% min. 3,50
Currency conversion fee, if transaction currency differs from the card account currency
2%
2%
Fees for additional services (EUR1)
Classic / Business
Gold / Gold Business
Travel insurance (annual fee per card) 15
free of charge
SMS notification (for one message)
0,07
free of charge
E-mail notification (annual subscription fee) 15 free of charge
Card replacement
15
15
Urgent card production (in 3 hours)1
15
15
Unfounded claim processing
15
15
Transaction documents request 15
15
Card account closing2
15
15
Account statement / report upon request 15
15
PIN-code unblocking
3,50
free of charge
Monthly account statement via Internetbank / e-mail
free of charge
free of charge
1 Reception of application – till 15:00; address of card issue: Riga, Elizabetes 23.
2 The fee is not charged only given an individual’s card account is closed 1 year after being opened.Go to the service page "Club Card"Club Card
Vassiliev Style
Service
EUR1
Base card annual fee2
300
Annual fee for supplementary card for an individual
not available
Annual fee for supplementary card for a legal entity
not available
Card account currency
EUR, USD
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
2 The set contains two cards.
Credit conditions
EUR1
Maximum credit limit
50 000 EUR / 70 000 USD
Fee for used credit limit (p.a.) 0%
Minimum payment (of used credit limit) to be made until 15th next month
100%
Late minimum payment penalty (p.a.)
till the end of accounting month
36% in subsequent accounting months 60% Fee for unauthorized credit (p.a.) 60% Granting a bonus-overdraft
20 Fee for bonus-overdraft (p.a.)
60%
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
ATM cash withdrawal limit
24 hours limit
1 500 EUR / 2 000 USD / 1 300 GBP
Fees for purchases, cash withdrawal and payments
EUR1
Purchases
0,5%
Cash withdrawal 2% min. 5
Intrabank payment from card account 2% min. 5
Currency conversion fee, if transaction currency differs from the card account currency
2%
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
Fees for additional services
EUR1
Concierge service (annual fee per card) free of charge
Travel insurance (annual fee per card)
free of charge
SMS notification (for one message) free of charge
E-mail notification (annual subscription fee)
free of charge Card replacement
free of charge
Urgent card production (in 3 hours)2
free of charge
Unfounded claim processing
20
Transaction documents request
20 Card account closing3
20
Account statement / report upon request
20
PIN-code unblocking
free of charge
Monthly account statement via Internetbank / e-mail
free of charge
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
2 Reception of application – till 15:00; address of card issue: Riga, Elizabetes 23.
3 The fee is not charged only given an individual’s card account is closed 1 year after being opened.Go to the service page "Premium Cards"Premium Cards
Service (EUR1)
Visa Platinum
Visa Infinite
Base card annual fee2
300
700 Annual fee for supplementary card for an individual
3 cards free of charge
4 cards free of charge3 Annual fee for supplementary card for a legal entity
3 cards free of charge
4 cards free of charge3 Card account currency
EUR, USD, GBP
EUR, USD, GBP
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
2 The set contains two cards.
3 One Visa Infinite card and three Visa Platinum cards.
Credit conditions (EUR1)
Visa Platinum
Visa Infinite
Maximum credit limit
50 000 EUR / 70 000 USD / 45 000 GBP
140 000 EUR / 200 000 USD / 130 000 GBP Fee for used credit limit (p.a.) 0%
0% Minimum payment (of used credit limit) to be made until 15th next month
100%
100% Late minimum payment penalty (p.a.)
till the end of accounting month
36% 18% in subsequent accounting months 60% 60% Fee for unauthorized credit (p.a.) 60% 60% Granting a bonus-overdraft
20 free of charge Fee for bonus-overdraft (p.a.)
60% 60%
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
ATM cash withdrawal limit
24 hours limit
1 500 EUR / 2 000 USD / 1 300 GBP
Fees for purchases, cash withdrawal and payments (EUR1)
Visa Platinum
Visa Infinite
Purchases
free of charge
free of charge Cash withdrawal 2% min. 5
2% min. 5 Intrabank payment from card account 2% min. 5
2% min. 5 Currency conversion fee, if transaction currency differs from the card account currency
2% 2%
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
Fees for additional services (EUR1)
Visa Platinum
Visa Infinite
Concierge service (annual fee per card) free of charge
free of charge Travel insurance (annual fee per card)
free of charge
free of charge SMS notification (for one message) free of charge
free of charge E-mail notification (annual subscription fee)
free of charge free of charge Card replacement
free of charge
free of charge Urgent card production (in 3 hours)2
free of charge
free of charge Unfounded claim processing
20
free of charge Transaction documents request
20 free of charge Card account closing3
20
free of charge Account statement / report upon request
20
free of charge PIN-code unblocking
free of charge
free of charge Monthly account statement via Internetbank / e-mail
free of charge
free of charge
1 If the card account currency is other than EUR, the fee is withheld applying the Bank’s exchange rate as at the day of withholding the fee.
2 Reception of application — till 15:00; address of card issue: Riga, Elizabetes 23.
3 The fee is not charged only given an individual’s card account is closed 1 year after being opened.
Service (LVL)
Visa Platinum
Visa Infinite
Base card annual fee1
200
500 Annual fee for supplementary card for an individual
3 cards free of charge
4 cards free of charge2 Annual fee for supplementary card for a legal entity 3 cards free of charge
4 cards free of charge2 Card account currency
LVL
LVL
1 The set contains two cards.2 One Visa Infinite card and three Visa Platinum cards.
Credit conditions (LVL)
Visa Platinum
Visa Infinite
Maximum credit limit
35 000
100 000 Fee for used credit limit (p.a.) 0%
0% Minimum payment (of used credit limit) to be made until 15th next month
100%
100% Late minimum payment penalty (p.a.)
till the end of accounting month
36% 18% in subsequent accounting months 60% 60% Fee for unauthorized credit (p.a.) 60% 60% Granting a bonus-overdraft
15 free of charge Fee for bonus-overdraft (p.a.)
60% 60% ATM cash withdrawal limit
24 hours limit
1 000 LVL
Fees for purchases, cash withdrawal and payments (LVL)
Visa Platinum
Visa Infinite
Purchases
free of charge
free of charge Cash withdrawal 2% min. 3,50
2% min. 3,50 Intrabank payment from card account 2% min. 3,50
2% min. 3,50 Currency conversion fee, if transaction currency differs from the card account currency 2% 2%
Fees for additional services (LVL)
Visa Platinum
Visa Infinite
Concierge service (annual fee per card)
free of charge
free of charge Travel insurance (annual fee per card)
free of charge
free of charge SMS notification (for one message)
free of charge
free of charge E-mail notification (annual subscription fee)
free of charge free of charge Card replacement
free of charge
free of charge Urgent card production (in 3 hours)1
free of charge
free of charge Unfounded claim processing
15
free of charge Transaction documents request 15 free of charge Card account closing2
15
free of charge Account statement / report upon request
15
free of charge PIN-code unblocking
free of charge
free of charge Monthly account statement via Internetbank / e-mail
free of charge
free of charge
1 Reception of application – till 15:00; address of card issue: Riga, Elizabetes 23.
2 The fee is not charged only given an individual’s card account is closed 1 year after being opened.Go to the service page "American Express"American Express
American Express charges1
Platinum Card
Centurion Card
Base card annual fee
550 EUR / USD
4 000 EUR / USD
Single registration fee
-
4 000 EUR / USD
Supplementary card annual fee
free of charge2
free of charge3
Cash withdrawal
4% of the amount,
min. 4 EUR / USD 4% of the amount,
min. 4 EUR / USD Participation in Membership Rewards programme
free of charge
free of charge
Card account currency
EUR, USD
EUR, USD
1 The section “American Express charges” of these Rates and Charges is for information only, and charges mentioned therein may be changed irrespective of changes in other sections of these Rates and Charges. The charge currency is determined based on the chosen account currency. Rates and Charges on Personal Card, Company Card and Gold Card are issued additionally upon request to holders of these cards only.
2 Only first 5 supplementary cards are issued free of charge, the others are subject to annual fee of 275 EUR/USD. Only first supplementary card may be Platinum Card, all the other supplementary cards to Platinum Card account may be Gold Card or Personal Card.
3 Up to 20 supplementary cards are issued free of charge. Only first supplementary card may be Centurion Card, all the other supplementary cards to Centurion Card account may be Platinum Card, Gold Card, or Personal Card.
Bank’s charges
Platinum Card
Centurion Card
Guarantee execution
100 EUR
100 EUR
Guarantee maintenance (per month)
under unsecured guarantee
0,34% of the amount
0,34% of the amount
under secured guarantee
0,17% of the amount
0,17% of the amount
Amendment of the guarantee conditions
100 EUR
100 EUR
Extraordinary payment to American Express for transactions performed by the customer
50 EUR
50 EUR
Out-of-time debt repayment
1,5% of the amount,
min. 10 EUR 1,5% of the amount,
min. 10 EUR
Minimum amounts of security deposits and guarantees
Platinum Card
Centurion Card
Security deposit amount
50 000 EUR / USD
determined individually
Guarantee amount
35 000 EUR / USD
determined individually
-
Loans
Go to the service page "Overdrafts"Overdrafts
Overdrafts and Short-term Loans for Individuals
Unsecured overdraft
Overdraft line secured by funds
Short-term loan secured by incoming transfer
Granting the financing, amendments to conditions
0,1% of the overdraft amount, min
. 50 EUR 30 EUR
30 EUR
Overdraft Interest Rates for Individuals1
Overdraft line secured by funds, where the collateral is:
current account balance
3,90%
deposit or savings account balance
effective deposit or savings account interest rate + 3,90%
Unsecured overdraft
36%
Fee for unauthorized credit
60% (p.a.)
1 The interest rates provided are indicative; interest rates are determined individually in each particular case.
Short-term Loan Rate for Individuals1
Short-term loan secured by incoming transfer
12%
Penalty for delayed payment
180% (p.a.)
1 The interest rates provided are indicative; interest rates are determined individually in each particular case.
Overdrafts and Short-term Loans for Corporate Entity Unsecured overdraft
Overdraft line secured by funds
(Unsecured) overdraft line for foreign customers
Short-term loan secured by incoming transfer
Short-term loan for LC financing
Granting the overdraft
0,1% of the overdraft amount,
min. 50 EUR 30 EUR
1,3% of the overdraft line amount,
min. 500 EUR 30 EUR
100 EUR
Amendments to conditions
0,1% of the overdraft amount,
min. 50 EUR 30 EUR
0,2% of the overdraft line amount,
min. 100 EUR ,max. 250 EUR 30 EUR
100 EUR
Issuing of every forthcoming part
–
–
–
–
30 EUR
Overdraft Interest Rates for Corporate Entity1
Overdraft line secured by funds, where the collateral is:
current account balance
3,90%
deposit or savings account balance
effective deposit or savings account interest rate + 3,90%
Unsecured overdraft
36%
Fee for unauthorized credit
60% (p.a)
1 The interest rates provided are indicative; interest rates are determined individually in each particular case.
Short-term Loan Rates for Corporate Entity1
Short-term loan secured by incoming payment
12%
Short-term loan for letter of credit financing:
EUR
12M EURIBOR2 + 15%
USD
12M LIBOR USD2 + 15%
CHF
12M LIBOR CHF2 + 15%
GBP
12M LIBOR GBP2 + 15%
RUB
12M MOIBOR + 15%
Penalty for delayed repayment
180% (p.a)
1 The interest rates provided are indicative; interest rates are determined individually in each particular case.
2 An interest rate is calculated using a corresponding interest rate index of the previous working day.Go to the service page "Mortgage Loans"Mortgage Loans
Mortgage Loan for Individuals
Reviewing an application
free of charge
Granting the financing
free of charge
Additional fee for reviewing the application (including evaluation of collateral) and granting the loan1
actual expenses
Preparing documents after granting a loan
1,75% of the loan amount, min. 150 EUR
Increasing the amount of financing
1,75% of the increased loan amount, min. 150 EUR
Loan funds reservation2
0,35% of the loan amount, min. 150 EUR
Amendments to conditions:
changing the type of loan repayment schedule, changing the repayment date
25 EUR
amendments to other conditions
50 EUR
Supervision of construction or reconstruction process
30 EUR per hour
Documents processing in case of early repayment
15 EUR
1 Fee is withheld in case additional expenses arise during the process of reviewing the application and granting the loan and is equal to actual amount of those expenses.
2 The charge applies to extending the loan issue term over the standard loan agreement conditions.
Other Services for Individuals
Pledge registration with Riga or Riga district Land Register, or Enterprise Register, or amendments to it
50 EUR + actual expenses
Refinancing agreement
information available upon request
Scheduled privatization on behalf of the customer
50 EUR + actual expenses
Mortgage loan proposal letter
free of charge
Loan for Corporate Entity Reviewing an application
0,1% of the requested loan amount, min. 500 EUR
Granting the financing, extension of the term
1% of the loan amount, min. 500 EUR
Additional fee for reviewing the application (including evaluation of collateral) and granting the loan1
actual expenses Increasing the amount of financing
1% of the increased loan amount, min. 500 EUR
Amendments to conditions
0,2% of the loan amount, min. 500 EUR
Analysis of the customer financial status at its office, following the customer request
100 EUR per hour + expenses related to visiting customer office outside Latvia
Supervision of construction
50 EUR per hour
Processing of documents in case of early repayment:
partial repayment
100 EUR
full repayment
0,1% of the outstanding loan amount, min. 500 EUR
refinancing to other credit institution
2,0% of the outstanding loan, min. 1000 EUR
1 Fee is withheld in case additional expenses arise during the process of reviewing the application and granting the loan and is equal to actual amount of those expenses.
Other Services for Corporate Entity Pledge registration with Riga, Riga district Land Register, or Enterprise Register, or amendments to it
50 EUR + actual expenses
Registration of purchase agreement with the State Land Service 50 EUR + actual expenses
Scheduled privatization on behalf of the customer
50 EUR + actual expenses
Go to the service page "Long-Term Commercial Loans"Long-Term Commercial Loans
Loans
Loan
Credit line
Loan secured by deposit
Reviewing an application
0,1% of the requested loan amount,
min. 500 EUR 0,1% of the requested credit line amount,
min. 500 EUR 500 EUR
Granting the financing, extension of the term
1% of the loan amount,
min. 500 EUR 1,3% p.a. of the credit line amount,
min. 500 EUR p.a.0,1% of the loan amount,
min. 500 EUR Additional fee for reviewing the application (including evaluation of collateral) and granting the loan1
actual expenses
actual expenses
–
Increasing the amount of financing
1% of the increased loan amount,
min. 500 EUR 1,3% p.a. of the increased credit line amount,
min. 500 EUR p.a.0,1% of the increased loan amount,
min. 500 EUR Amendments to conditions
0,2% of the loan amount,
min. 500 EUR 0,2% of the credit line amount,
min. 500 EUR 500 EUR
Analysis of the customer financial status at its office, following the customer request
100 EUR per hour + expenses related to visiting customer office outside Latvia
100 EUR per hour + expenses related to visiting customer office outside Latvia
–
Supervision of construction
50 EUR per hour
–
–
Processing of documents in case of early repayment:
partial repayment
100 EUR
free of charge
100 EUR
full repayment
0,1% of the outstanding loan amount,
min. 500 EUR free of charge
free of charge
refinancing to other credit institution
2,0% of the outstanding loan,
min. 1000 EUR 2,0% of the outstanding credit line amount,
min. 1000 EUR –
1 Fee is withheld in case additional expenses arise during the process of reviewing the application and granting the loan and is equal to actual amount of those expenses.
Other Services
Pledge registration with Riga, Riga district Land Register, or Enterprise Register, or amendments to it
50 EUR + actual expenses
Registration of purchase agreement with the State Land Service 50 EUR + actual expenses
Scheduled privatization on behalf of the customer
50 EUR + actual expenses
Go to the service page "Short-Term Commercial Loans"Short-Term Commercial Loans
Overdrafts and Short-term Loans
Unsecured overdraft
Overdraft line secured by funds
(Unsecured) overdraft line for foreign customers
Short-term loan secured by incoming transfer
Short-term loan for LC financing
Granting the overdraft
0,1% of the overdraft amount,
min. 50 EUR 30 EUR
1,3 % of the overdraft line amount
, min. 500 EUR 30 EUR
100 EUR
Amendments to conditions
0,1% of the overdraft amount,
min. 50 EUR 30 EUR
0,2% of the overdraft line amount,
min. 100 EUR , max. 250 EUR30 EUR
100 EUR
Issuing of every forthcoming part
–
–
–
–
30 EUR
Overdraft Interest Rates1
Overdraft line secured by funds, where the collateral is:
current account balance
3,90%
deposit or savings account balance
effective deposit or savings account interest rate + 3,90%
Unsecured overdraft 36%
Fee for unauthorized credit
60% (p.a)
1 The interest rates provided are indicative; interest rates are determined individually in each particular case.
Short-term Loan Rates1
Short-term loan secured by incoming payment
12%
Short-term loan for letter of credit financing:
EUR
12M EURIBOR2 + 15%
USD
12M LIBOR USD2 + 15%
CHF
12M LIBOR CHF2 + 15%
GBP
12M LIBOR GBP2 + 15%
RUB
12M MOIBOR + 15%
Penalty for delayed repayment
180% (p.a)
1 The interest rates provided are indicative; interest rates are determined individually in each particular case.
2 An interest rate is calculated using a corresponding interest rate index of the previous working day.Go to the service page "Financing Against Pledge of Investment Portfolio"Financing Against Pledge of Investment Portfolio
General provisions
1. During the first two days, minimum interest rate (p.a.) is applied to financing, and it is calculated as follows:
Minimum interest rate (p.a.)
=
floating interest rate1
+ 2,25%
Minimum interest rate is not applied in case previous financing is repaid and new financing is granted on the same day.
2. Starting from the third day, the interest rate calculated according to the following formula is applied to the financing:
Interest rate (p.a.)
=
floating interest rate1
+ gross margin2
3. Currencies allowed for financing: USD, EUR, RUB.
1 The respective interest rate of the previous working day (USD — Federal Funds rate, EUR — ECB refinancing rate, RUB – CBR refinancing rate).
2 Gross margin is calculated in accordance with provisions of section B14 of ABLV Bank, AS, General Business Terms and Conditions (NOT.001).
Financing conditions
Investment assets’ category
Currency
Available loan
limit1Collateral conditions3
Gross margin INITL2
MAINT3
SL4
Government bonds5
US government bonds with the maturity term up to 5 years (including)
USD
96%
4%
3%
2%
2,75%
US government bonds with the maturity term over 5 years
USD
94%
6%
4%
2%
3,00%
Other countries’ government bonds with the credit rating:
AA- and higher, with the maturity term up to 5 years (including)
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
95%
5%
4%
2%
3,00%
AA- and higher, with the maturity term over 5 years
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
94%
6%
4%
2%
3,00%
BBB – and higher with the maturity term up to 5 years (including)
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
90%
10%
8%
6%
4,00%
BBB – and higher with the maturity term over 5 years
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
85%
15%
10%
8%
4,00%
BB+, BB and BB-, with the maturity term up to 5 years (including)
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
80%
20%
15%
10%
4,25%
BB+, BB and BB- (neutral outlook), with the maturity term over 5 years
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
75%
25%
20%
15%
4,25%
B+, B and B- (neutral outlook)
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
65%
35%
30%
25%
4,75%
Corporate bonds5 (except bonds issued by ABLV Bank, AS)
Corporate bonds with the credit rating:
BBB – and higher
USD, EUR, GBP, CAD, SEK, CHF, RUB
75%
25%
20%
15%
4,50%
BB+, BB and BB-
USD, EUR, GBP, CAD, SEK, CHF, RUB
60%
40%
35%
30%
5,25%
B+, B and B-
USD, EUR, GBP, CAD, SEK, CHF, RUB
50%
50%
45%
40%
6,00%
Bonds issued by ABLV Bank, AS
Bonds issued by ABLV Bank, AS (except subordinated6 bonds)
USD, EUR
90%
10%
7%
4%
3,00%
Stocks
Stocks and ETFs traded on stock exchanges with capitalization:
over USD 1 billion (including)
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
70%
30%
25%
20%
9,75%
over USD 300 million (including), but less than USD 1 billion
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
60%
40%
35%
30%
10,25%
over USD 100 million (including), but less than USD 300 million
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
50%
50%
45%
40%
10,75%
Government and corporate bonds, stocks that are not included in the above groups of investment assets’ categories
Government and corporate bonds, stocks and ETFs that are considered valid for financing (except defaulted issuers)7
USD, EUR, GBP, CAD, SEK, CHF, RUB, LTL
10%
90%
85%
80%
15,00%
Investment funds managed by ABLV Asset Management, IPAS
ABLV Emerging Markets Bond Fund
USD, EUR
80%
20%
15%
10%
4,25%
ABLV High Yield CIS Bond Fund
USD, RUB
75%
25%
20%
15%
5,25%
ABLV Global ETF fund
USD, EUR
70%
30%
20%
15%
9,75%
Balances on precious metals’ accounts XAU, XPT, XPD, XAG 70% 30% 25% 20% 5,00% Cash account balances
USD, EUR, LVL, GBP, CAD, SEK, CHF, RUB, JPY, DKK, NOK, AUD, LTL
90%
10%
0%
0%
5,00%
1 In percentage terms of investment assets’ market value.
2 Initial Margin – initial margin which determines allowed loan limit.
3 Maintenance Margin – margin amount upon reaching which the Bank is entitled to demand increasing collateral or decreasing loan amount.
4 Stop Loss – margin amount upon reaching which the customer’s position is closed without acceptance in order to decrease the loan amount.
5 According to ratings of Standard & Poor’s or respective ratings of other credit rating agencies.
6 Bonds issued for the sake of raising funds to increase subordinated capital.
7 Additional information on these instruments is available on request.
Fixed interest rate used on the following instances:
loan limit exceeded1
24% p.a.
use of currencies not allowed for financing
36% p.a.
1 The loan limit, as set forth in section B14 of ABLV Bank, AS, General Business Terms and Conditions (NOT.001). -
Documentary Operations
Go to the service page "Documentary Letters of Credit"Documentary Letters of Credit
Issuing Import Letter of Credit (the Bank’s Customer is a Buyer of Goods)
Application review1
150 EUR
Issuing/ increasing the amount
0,25% of the amount, min. 150 EUR
Taking-up of documents (per set of documents)
0,2% of the amount specified in documents, min. 150 EUR Pre-advising
150 EUR
Amendment of conditions: issuing, changing cover type
100 EUR
Presentation of discrepant documents2
100 EUR
Payment of a letter of credit
free of charge
Deferred payment commission 0,1% of the amount, min. 100 EUR per quarter
Expiry of the letter of credit without utilisation, or cancellation
100 EUR
1 Including preparing/amending draft letter of credit.
2 The commission is paid by the letter of credit receiver.
Receiving Export Letter of Credit (the Bank’s Customer is a Seller of Goods)
Advising on issuing/ increasing the amount
0,1% of the amount, min. 150 EUR, max. 500 EUR Taking-up of documents (per set of documents)
0,2% of the amount specified in documents, min. 150 EUR
Handling
50 EUR per month
Preparing/amending draft letter of credit 150 EUR
Letter of credit investigation
50 EUR
Pre-advising
150 EUR
Amendment of conditions: advising, transferring
100 EUR
Transferring letter of credit
0,25% of the amount, min. 200 EUR
Assignment of proceeds
0,1% of the amount, min. 150 EUR
Presentation of discrepant documents1
50 EUR
Deferred payment commission
free of charge
Payment crediting:
documents are submitted to the Bank
free of charge
w/o submitting documents to the Bank
0,1% of the amount specified in documents, min. 100 EUR, max. 500 EUR Expiry of the letter of credit without utilisation, or cancellation 100 EUR
1 The commission is paid by the letter of credit receiver.
Additional Services
Advice of documentary operations specialist
free of charge
Confirmation1
information available upon request
Transfer
according to “Rates and Charges: Funds Transfers and Currency Exchange” Cash withdrawal from escrow account
according to “Rates and Charges: Cash Operations and Cheques” Issuance of reference concerning documentary operations
50 EUR
Sending information via SWIFT (per message)
10 EUR
Long-distance call, courier mail
actual expenses
1 Commissions of the confirming bank shall be charged in addition to the commissions of ABLV Bank, AS.Go to the service page "Documentary Collection"Documentary Collection
Receiving Documents for Collection (the Bank’s Customer is a Buyer of Goods)
Advising on import collection
50 EUR
Delivery of documents:
against payment
0,2%, min. 100 EUR
against acceptance or on other conditions
0,25%, min. 100 EUR
free of payment
50 EUR
Amendment or cancellation
50 EUR
Return of documents
100 EUR
Sending Documents for Collection (the Bank’s Customer is a Seller of Goods)
Documentary collection
0,2%, min. 100 EUR
Payment crediting
free of charge
Amendment or cancellation
50 EUR
Additional Services
Advice of documentary operations specialist
free of charge
Confirmation1
information available upon request
Transfer
according to “Rates and Charges: Funds Transfers and Currency Exchange” Cash withdrawal from escrow account
according to “Rates and Charges: Cash Operations and Cheques” Issuance of reference concerning documentary operations
50 EUR
Sending information via SWIFT (per message)
10 EUR
Long-distance call, courier mail
actual expenses
1 Commissions of the confirming bank shall be charged in addition to the commissions of ABLV Bank, AS.Go to the service page "Bank Guarantees"Bank Guarantees
Issuing Guarantee
Application review1
150 EUR
Issuing2
1% of the amount p.a., min. 150 EUR3
Amendment of conditions: issuing, changing cover type
100 EUR
Monitoring of incoming payment receipt: for advance payment guarantees, maintenance guarantees4
1% of the amount, min. 200 EUR, max. 1 000 EUR
Request for payment under guarantee
0,2% of the amount, min. 200 EUR
Taking-up of documents for guarantee amount reduction (per set of documents) 0.2% of the amount specified in documents, min. 150 EUR
Cancellation
100 EUR
1 Including preparing/amending draft guarantee.
2 Commission shall be applicable in case a cover account is used to cover the guarantee liabilities. In other cases, additional commission shall be applicable, as agreed upon with the Bank. Commission shall be calculated for the actual guarantee period, assuming in calculations that a year consists of 360 days and a month consists of 30 days.
3 Commission shall be withheld once per month: at the beginning of the month for the preceding month or closing the guarantee. At least minimum commission shall be withheld for the whole guarantee period.
4 Commission shall be applicable in case the guarantee liabilities cover account is formed from incoming payment funds.
Receiving Guarantee
Advising on issuing/ increasing the amount
0,1% of the amount, min. 150 EUR, max. 500 EUR
Preparing/amending draft guarantee
150 EUR
Advising on amendment of conditions
100 EUR
Request for payment under guarantee
0,2% of the amount, min. 200 EUR
Payment crediting
free of charge
Cancellation
100 EUR
Additional Services
Advice of documentary operations specialist
free of charge
Confirmation1
information available upon request
Transfer
according to “Rates and Charges: Funds Transfers and Currency Exchange” Cash withdrawal from escrow account
according to “Rates and Charges: Cash Operations and Cheques” Issuance of reference concerning documentary operations
50 EUR
Sending information via SWIFT (per message)
10 EUR
Long-distance call, courier mail
actual expenses
1 Commissions of the confirming bank shall be charged in addition to the commissions of ABLV Bank, AS.Go to the service page "Escrow Account"Escrow Account
Escrow Account
Application review
500 EUR
Executing escrow account agreement 0,5% of the amount
Amendments to agreement conditions
0,2% of the deal amount, min. 100 EUR
Additional Services
Advice of documentary operations specialist
free of charge
Confirmation1
information available upon request
Transfer
according to “Rates and Charges: Funds Transfers and Currency Exchange” Cash withdrawal from escrow account
according to “Rates and Charges: Cash Operations and Cheques” Issuance of reference concerning documentary operations
50 EUR
Sending information via SWIFT (per message)
10 EUR
Long-distance call, courier mail
actual expenses
1 Commissions of the confirming bank shall be charged in addition to the commissions of ABLV Bank, AS. -
Safe Deposit Boxes
Go to the service page "Safe Deposit Boxes"Safe Deposit Boxes
Individual Safe Deposit Box Rental
Safe Deposit Box Type
Internal Dimensions of Safe Deposit Box — height x width x depth (mm)
Rental Fee Per Year
S
55 x 260 x 400
150 EUR
M
145 x 260 x 400
250 EUR
L
245 x 260 x 400
350 EUR
XL
180 x 560 x 400
450 EUR
XXL
280 x 560 x 400
550 EUR
XXXL
435 x 560 x 400
650 EUR
Related services
Safe Deposit Box keys keeping (saving) in the Bank
free of charge
Safe Deposit Box сontents keeping (saving) in common safe after expiry of the rental term
double rental fee
Forced opening of the Safe Deposit Box or lock replacement with issuing a new key
150 EUR
Safe Deposit Box Management annual fee
100 EUR1
The Safe Deposit Box rental services are provided to customers during the Bank working hours in central office in Riga, 23 Elizabetes Str.
The Safe Deposit Box is provided for the customer’s use for unlimited period of time. The customer shall pay the Safe Deposit Box rental fee in advance.
At the end of the Safe Deposit Box rental term, the term is automatically extended for the same period as paid for in advance.
The service fees include value added tax.
1 The service is effective till the end of the Safe Deposit Box rental term paid for. The annual fee for this service does not include the Safe Deposit Box rental fee. -
Deposits
Go to the service page "Savings Accounts"Savings Accounts
Interest Rates per annum1 valid from April 1, 2013
Savings Account
EXTRA Savings Account
LVL
5 000 and more
0.00
0.00
USD
10 000 and more
0.02
0.10
EUR
10 000 and more
0.00
0.00
GBP
10 000 and more
–
0.30
CHF
10 000 and more
–
0.00
RUB
500 000 and more
–
2.50
1 Interest rates per annum, which are revised on a monthly basis.
Additional Conditions
Opening a savings account, amendment of conditions
free of charge
Funds transfer from a savings account:
with advance notification1
free of charge
without advance notification
0.05% of the amount transferred,
min. 50 EUR2 Closing a savings account
free of charge
1 If order is submitted to the bank before 18:30 on a bank working day, the requested amount will be transferred from the savings account to the current account on the 7th, but from the EXTRA savings account — on the 33rd calendar day after receiving the order (excluding the day of order receipt).
2 The bank withholds the charge in the service currency.Go to the service page "Term Deposits"Term Deposits
Deposit with Interest Repayment at the End of the Term1
Interest rates per annum valid from May 1, 2013. 3 month 6 month 12 month LVL 5 000 … 500 000
0.00
0.02
0.22
USD 10 000 … 1 000 000
0.08
0.24
0.52
EUR 10 000 … 1 000 000
0.00
0.02
0.22
1 A security deposit under the card credit which is initially placed for a term exceeding 12 months is rolled over by the bank for the same term, applying interest rate of a deposit placed for 12 months. If amount of card credit security deposit is less than minimum deposit amount stated in the rates and charges, the interest rate is applied to such security deposit.
Additional Conditions
Placing a deposit
free of charge
Deposit premature withdrawal
1% p.a.1, min. 100 EUR2
1 Of the premature withdrawal deposit amount for the days left till the end of the deposit term.
2 The bank withholds the charge in the service currency.
Card Credit or AMEX Guarantee Security Deposit1
Interest rates (p.a.)
LVL
0,06 USD
0,26 EUR
0,06 GBP
0,40
1 At the end of deposit term, the Bank extends the current card credit or AMEX guarantee security deposit on new conditions and applies interest rate determined in the Rates and Charges to it. Interest for card credit or AMEX guarantee security deposit is paid once per calendar year, on the 1st of September. -
Asset Management
Go to the service page "Individual Asset Management"Individual Asset Management
Individual Investment Portfolios
Portfolio creation fee
0,5% of the investment amount
Management fee1:
Investment programme “Emerging Markets Bonds”
0,75% (per year)
Investment programme “High Yield Bonds”
1,25% (per year)
Investment programme “Stocks”
1,75% (per year)
Performance fee2
15%
1 The fee is charged monthly from the average monthly balance of the investment portfolio. In case the portfolio consists of several types of investment programmes, the management fee is calculated as average weighted on the day of the submission of the investment declaration.
2 The fee is charged from the performance amount that exceeds the profit, calculated taking into account the average LIBOR O/N rate for the investment period. -
Brokerage Services
Go to the service page "Bond Market Transactions"Bond Market Transactions
Bonds Transactions
Bonds issued by ABLV Bank, AS
free of charge
Bonds of other issuers:
Bonds nominated in USD
0.08% (min. 100 USD)
Bonds nominated in EUR
0.08% (min. 100 EUR)
Bonds nominated in RUB
0.20% (min. 50 USD)1
Bonds nominated in other currency
information available upon request
1 The minimal commission fee is not applied to transactions that are made using electronic trading platform.
Transactions with bonds issued by ABLV Bank, AS
Sale
free of charge
Redemption
free of charge
Additional Services
Fee for a better price of the financial instruments’ transaction1
100% of the difference between the price, indicated by the customer, and the actual price of the financial instruments’ transaction
Trade confirmation:
Internetbank, e-mail or fax
free of charge
Electronic trading platforms:
Trader ABLV
connection
free of charge
use
10 EUR (в месяц)
J-Trader ABLV
connection
free of charge
use
without charts
free of charge
with charts
150 USD (monthly)
Quik Trader ABLV
connection
free of charge
use
300 RUB (monthly)
Participation in corporate events
formation available upon request (min. 50 USD)2
Courier mail
actual expenses
Other services
information available upon request
1 The commission fee is applied to limit orders of professional customers only and is charged performing final settlement under the transaction. The commission fee is not applied to orders submitted using electronic trading platform (except Trader ABLV).
2 Commission is applied, if participation in corporate events takes place by the customer order.Go to the service page "Transactions in Stock, ETF and stock options markets"Transactions in Stock, ETF and stock options markets
Stocks Transactions, int. al. ETF (Exchange Traded Funds)1
Russia (MICEX-RTS)
stocks, incl. ETF, denominated in USD
0.25% (min. 50 USD)
stocks, incl. ETF, denominated in RUB
0.20% (min. 50 USD)2
USA (NYSE, NASDAQ, AMEX)
0.025 USD per stock (min. 50 USD)
USA (OTC)
information available upon request
Canada
0.35% (min. 60 CAD)
UK (LSE)3
0.35% (min. 50 GBP)
UK (IOB)
0.35% (min. 50 USD)
Germany (other stock exchanges)
0.45% (min. 50 EUR)
Germany (Xetra), Switzerland, Denmark, Norway, Sweden
0.35% (min. 50 EUR)
Latvia, Estonia, Lithuania
0.35% (min. 25 EUR)
Other Eurozone countries (excluding Greece)
0.35% (min. 50 EUR)
Other countries
information available upon request
1 Commission fee is charged in the transaction currency and is applied to all stocks traded on the regulated market of the respective country or on the multilateral trading system, regardless the issuer’s country of residence. In case minimum commission is applied, and the commission currency differs from the transaction currency, the commission is charged in the trade currency, taking into account ABLV Bank, AS, exchange rate on the trade date.
2 The minimal commission fee is not applied to transactions that are made using electronic trading platform.
3 Additionally, UK Stamp Duty is charged when purchasing the stocks.
Options and Futures Transactions
US stock options
2.50 USD per contract (min. 30 USD)
Futures and futures options transactions:
(CBOT, eCBOT, CME, CME Globex, ICE/IPE, NYMEX, NYBOT)
15 USD for a single contract transaction1
(EUREX, EURONEXT-Paris, EURONEXT.liffe)
15 EUR for a single contract transaction1
Other stock exchanges
information available upon request
1 The commission fee is applied to each futures/option sale or purchase transaction.
Additional Services
Fee for a better price of the financial instruments’ transaction1
100% of the difference between the price, indicated by the customer, and the actual price of the financial instruments’ transaction
Trade confirmation:
Internetbank, e-mail or fax
free of charge
Electronic trading platforms:
Trader ABLV
connection
free of charge
use
10 EUR (в месяц)
J-Trader ABLV
connection
free of charge
use
without charts
free of charge
with charts
150 USD (monthly)
Quik Trader ABLV
connection
free of charge
use
300 RUB (monthly)
Participation in corporate events
formation available upon request (min. 50 USD)2
Courier mail
actual expenses
Other services
information available upon request
1 The commission fee is applied to limit orders of professional customers only and is charged performing final settlement under the transaction. The commission fee is not applied to orders submitted using electronic trading platform (except Trader ABLV).
2 Commission is applied, if participation in corporate events takes place by the customer order.Go to the service page "Transactions in Futures and Futures Options"Transactions in Futures and Futures Options
Options and Futures Transactions
US stock options
2.50 USD per contract (min. 30 USD)
Futures and futures options transactions:
(CBOT, eCBOT, CME, CME Globex, ICE/IPE, NYMEX, NYBOT)
15 USD for a single contract transaction1
(EUREX, EURONEXT-Paris, EURONEXT.liffe)
15 EUR for a single contract transaction1
Other stock exchanges
information available upon request
1 The commission fee is applied to each futures/option sale or purchase transaction.
Additional Services
Fee for a better price of the financial instruments’ transaction1
100% of the difference between the price, indicated by the customer, and the actual price of the financial instruments’ transaction
Trade confirmation:
Internetbank, e-mail or fax
free of charge
Electronic trading platforms:
Trader ABLV
connection
free of charge
use
10 EUR (в месяц)
J-Trader ABLV
connection
free of charge
use
without charts
free of charge
with charts
150 USD (monthly)
Quik Trader ABLV
connection
free of charge
use
300 RUB (monthly)
Participation in corporate events
formation available upon request (min. 50 USD)2
Courier mail
actual expenses
Other services
information available upon request
1 The commission fee is applied to limit orders of professional customers only and is charged performing final settlement under the transaction. The commission fee is not applied to orders submitted using electronic trading platform (except Trader ABLV).
2 Commission is applied, if participation in corporate events takes place by the customer order.Go to the service page "Precious Metals’ Accounts"Precious Metals’ Accounts
Transactions in precious metals in precious metals’ accounts
Purchasing / selling of precious metals*
0,20% (min. 100 USD)
* If ABLV Capital Markets, IBAS, purchasing / selling order is received before 18:00 (Latvian time) of the working day of ABLV Capital Markets, IBAS, the same working day of ABLV Capital Markets, IBAS, but if after 18:00 (Latvian time) — the next working day of ABLV Capital Markets, IBAS, is considered acceptance day for order execution.
Precious Metals’ Account
Account opening
free of charge
Account maintenance*
XAU (gold), XPT (platinum), XPD (palladium)
0,4% (p.a.)
XAG (silver)
0,6% (p.a.)
Precious metals’ transfers**
Information available upon request
Closing of account
free of charge
* The fee is calculated based on the amount of precious metal in the account, and it is withheld on the last day of each month in USD in accordance with the precious metal price as at the day of withholding the fee. Following the customer’s request, the fee may be withheld in another currency, calculating the fee equivalent in the currency chosen by the customer applying the Bank of Latvia respective currency rate as at the last day of the current month.
** JWhere an order for transfer is received by the Bank on a Bank day before 18:00 (Latvian time), the same Bank day is considered the day of accepting the order for execution, but in case the order for transfer is received after 18:00 (Latvian time), it is considered accepted for execution on the following Bank day. -
Electronic Trade
Go to the service page "Electronic Trade"Electronic Trade
Additional Services
Fee for a better price of the financial instruments’ transaction1
up to 100% of the difference between the price, indicated by the customer, and the actual price of the financial instruments’ transaction
Trade confirmation:
Internetbank, e-mail or fax
free of charge
Electronic trading platforms:
Trader ABLV
connection
free of charge
use
10 EUR (в месяц)
J-Trader ABLV
connection
free of charge
use
without charts
free of charge
with charts
150 USD (monthly)
Quik Trader ABLV
connection
free of charge
use
300 RUB (monthly)
Courier mail
actual expenses
Other services
information available upon request
1 The commission fee is applied to limit orders of professional customers only and is charged performing final settlement under the transaction. The commission fee is not applied to orders submitted using electronic trading platform (except Trader ABLV).
Bonds Transactions
Bonds nominated in USD
0,08% (min. 100 USD)
Bonds nominated in EUR
0,08% (min. 100 EUR)
Bonds nominated in RUB
0,20% (min. 50 USD)1
Bonds nominated in other currency
information available upon request
1 The minimal commission fee is not applied to transactions that are made using electronic trading platform.
Stocks Transactions, int. al. ETF (Exchange Traded Funds)1
Russia (MICEX-RTS)
stocks, incl. ETF, denominated in USD
0,25% (min. 50 USD)
stocks, incl. ETF, denominated in RUB
0,20% (min. 50 USD)2
USA (NYSE, NASDAQ, AMEX)
0,025 USD per stock (min. 50 USD)
USA (OTC)
information available upon request
Canada
0,35% (min. 60 CAD)
UK (LSE)3
0,35% (min. 50 GBP)
UK (IOB)
0,35% (min. 50 USD)
Germany (other stock exchanges)
0,45% (min. 50 EUR)
Germany (Xetra), Switzerland, Denmark, Norway, Sweden
0,35% (min. 50 EUR)
Latvia, Estonia, Lithuania
0,35% (min. 25 EUR)
Other Eurozone countries (excluding Greece)
0,35% (min. 50 EUR)
Other countries
information available upon request
1 Commission fee is charged in the transaction currency and is applied to all stocks traded on the regulated market of the respective country or on the multilateral trading system, regardless the issuer’s country of residence. In case minimum commission is applied, and the commission currency differs from the transaction currency, the commission is charged in the trade currency, taking into account ABLV Bank, AS, exchange rate on the trade date.
2 The minimal commission fee is not applied to transactions that are made using electronic trading platform.
3 Additionally, UK Stamp Duty is charged when purchasing the stocks.
Options and Futures Transactions
US stock options
2,50 USD per contract (min. 30 USD)
Futures and futures options transactions:
(CBOT, eCBOT, CME, CME Globex, ICE/IPE, NYMEX, NYBOT)
15 USD for a single contract transaction1
(EUREX, EURONEXT-Paris, EURONEXT.liffe)
15 EUR for a single contract transaction2
Other stock exchanges
information available upon request
1 The commission fee is applied to each futures/option sale or purchase transaction. Additionally, the commission fees and compulsory payments required by intermediary companies involved in transaction (stock exchanges, foreign financial market regulators, regulated markets players’ associations, societies, etc.) are charged.
2 The minimal commission fee is not applied to transactions that are made using electronic trading platform. -
Securities Custody
Go to the service page "Securities Custody"Securities Custody
Financial Instruments’ Account
Account opening
free of charge
Account maintenance
free of charge
Financial instruments’ custody1
Financial instruments that are held with the Latvian Central Depository:
investment certificates of ABLV Asset Management, IPAS, open-end investment funds
free of charge
subordinated bonds issued by ABLV Bank, AS
free of charge
other financial instruments issued by ABLV Bank, AS
0.048% (p.a.)
other financial instruments
0.12% (p.a.)
Other financial instruments
0.24% (p.a.)
Financial instruments’ transfers2:
book transfer
free of charge from another account to ABLV Bank, AS, account
actual expenses
from ABLV Bank, AS, account to another account
0,1% of the market value3 (min. 50 USD)
Closing of account
free of charge
1 The fee is calculated on the basis of the portfolio monthly average market value, and withheld every month in USD; other currency may be designated for withholding the fee, following the customer’s request. The LVL equivalent of the total portfolio value is calculated as portfolio monthly average market value at the currency buy rate set by the Bank of Latvia on the relevant day. For the ABLV Asset Management, IPAS, customers and from open-end investment funds managed by ABLV Asset Management, IPAS, no fee is charged.
2 Where an order for transfer is received by the Bank on a Bank day before 18:00 (Latvian time), the same Bank day is considered the day of accepting the order for execution, but in case the order for transfer is received after 18:00 (Latvian time), it is considered accepted for execution on the following Bank day.
3 Market value is determined at the day of submitting an order for transfer. The coupon income accrued is not included in calculation of bonds market value. If market value is not determined, the Bank determines it independently.
Precious Metals’ Account
Account opening
free of charge
Account maintenance1
XAU (gold), XPT (platinum), XPD (palladium)
0,4% (p.a.)
XAG (silver)
0,6% (p.a.)
Precious metals’ transfers2
Information available upon request
Closing of account
free of charge
1 The fee is calculated based on the amount of precious metal in the account, and it is withheld on the last day of each month in USD in accordance with the precious metal price as at the day of withholding the fee. Following the customer’s request, the fee may be withheld in another currency, calculating the fee equivalent in the currency chosen by the customer applying the Bank of Latvia respective currency rate as at the last day of the current month.
2 JWhere an order for transfer is received by the Bank on a Bank day before 18:00 (Latvian time), the same Bank day is considered the day of accepting the order for execution, but in case the order for transfer is received after 18:00 (Latvian time), it is considered accepted for execution on the following Bank day.
Cash Account
Account opening
free of charge
Account servicing
free of charge
Closing of account
free of charge
Statements and Reports
Internetbank, via e-mail At the Bank
Financial instruments’ portfolio status report1:
regular
weekly / monthly / quarterly
free of charge
10 EUR (per month)
daily2
40 EUR (per month)
–
upon request
5 EUR (per report)
15 EUR (per report)
Cash account statement:
regular
free of charge
10 EUR (per month)
repeated upon request
5 EUR (per statement)
15 EUR (per statement)
Cash account report upon request:
for current year
free of charge
15 EUR (per report)
for previous years
10 EUR (per report)
20 EUR (per report)
1 Financial instruments’ transactions report is enclosed.
2 Receiving statement/ report daily is possible only upon the customer’s request.
Other Services
Reference
10 EUR
Any other references
25 EUR
Courier mail
actual expenses
Other services
information available upon a request