New edition of the General Terms of Business and changes in the rates and charges

Riga, Latvia, November 3, 2014, 17:00 / Banking

On 1 December 2014, edition 28 of ABLV Bank, AS, General Terms of Business will become effective.

Amendments to the General Terms of Business include corrections regarding the procedure for making SWAP and FORWARD currency exchange transactions, additions to the terms of special financing and terms of rental of individual safe deposit boxes, as well as several editorial amendments.

The new edition of the General Terms of Business is available at the bank’s home page www.ablv.com, as well as at customer service premises.

Also we would like to inform that on 1 December 2014, editorial amendments in the rates and charges Financing Against Pledge of Investment Portfolio and Financing Against Pledge of Investment Portfolio of the platform Orbis Trader ABLV will become effective.

Changes in the rates and charges on safe deposit box rental will become effective on 1 January 2015. Main changes include the following:

  • safe deposit box annual rental fee is substituted with monthly fee;
  • the fee for safe deposit box handover upon expiry of the rental rights.

New rates and charges are available here.

Ilmārs Jargans
Head of Public Relations Department
+371 6777 5296
ilmars.jargans@ablv.com