Rates, Charges and Documents

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Banking
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  • 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 EUR1

    300 EUR

    Internetbank registrationfree of chargefree of charge

    Telephone bank registration

    free of charge

    free of charge

    First electronic code card issue

    free of charge

    free of charge


    1 For an individual aged 18 – 25 (inclusive), for whom a card account was opened before aged 17 (inclusive) and who has an active payment card or a savings account or financial instruments’ account at the moment of submitting a current account application form, account opening and maintenance is free of charge.


    Current account maintenance

    Individuals

    Legal entities

    Current account maintenance (per month)

    20 EUR1, 2

    50 EUR3

    Internetbank maintenancefree of chargefree 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

    Unblocking of the Internetbank user ID and change of the Internetbank password free of charge free of charge
    Change of the current account password free of charge free of charge


    1 For an individual aged 18 – 25 (inclusive), for whom a card account was opened before aged 17 (inclusive) and who has an active payment card or a savings account or financial instruments’ account at the moment of submitting a current account application form, account opening and maintenance is free of charge.
    2 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 exceeds EUR 50 000, current account of this individual is maintained free of charge.
    3 Service charge for current account maintenance for a legal entity, whose total amount of securities positions exceeds 100 000 EUR according to the current market rate, is 20 EUR.


    Authorization tools

    Code card

    change for electronic code card

    free of charge

    Electronic code card

    issue of additional one or change

    50 EUR

    Digipass 270 or
    Digipass 300 Comfort

    issue or change

    50 EUR

    unblocking

    10 EUR

    ABLV Test-Keys

    issue

    free of charge

    change

    50 EUR

    Mobile Digipass issue 50 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

    50 EUR

    Change of the Individual’s Card of Specimen Signatures, when passing to two-factor authentication free of charge
    Change of the Legal Entity’s Card of Specimen Signatures and Seal

    50 EUR

    Change of the Legal Entity’s Card of Specimen Signatures,
    when passing to two-factor authentication
    free of charge

    Verification of the person’s authorization

    free of charge
    Processing a collection order from governmental institutions and bodies of self-government 30 EUR
    Execution of a collection order from governmental institutions and bodies of self-government 15 EUR

    Courier mail1

    delivery within Latvia

    5 EUR

    delivery to another member state of the European Union 40 EUR
    delivery to Russia, Belarus, Ukraine 40 EUR
    delivery to other countries 60 EUR

    Arranging translation of identification documents

    actual expenses

    Interest on the capital use for technical overdraft provided, p.a.

    60%

    Sending documents by fax

    5 EUR (per page)

    Account closing

    100 EUR

    Other services

    information is available at the bank upon request


    1 The fee for courier mail service includes VAT. The maximum weight per package is 1.5 kg.

    Go to the service page "Payments"Payments

    Payments between customer’s accounts with ABLV Bank, AS
    Payment type In Internetbank In other cases1 Cut-off time Value date
    From card account 2%, min. 5 EUR,
    max. 1 000 EUR
    2%, min. 5 EUR,
    max. 1 000 EUR
    18:30 T
    From other account free of charge free of charge 18:30 T


    1 Is applied to payments submitted at the Bank office, by telephone (for payments to accounts with ABLV Bank, AS, only), by fax or using the electronic payment order form prepared by the Bank officer in Internetbank.


    Payments to accounts with ABLV Bank, AS and ABLV Bank Luxembourg, S.A.
    Payment remitter and currency In Internetbank In other cases1 Cut-off time Value date
    Individual or Latvian legal entity
        EUR, payment does not exceed 1 000 EUR free of charge 5 EUR 18:30 T
        EUR, payment exceeds 1 000 EUR 0.20 EUR 5 EUR 18:30 T
        USD 5 EUR 15 EUR 18:30 T
        other currency 0.20 EUR 5 EUR 18:30 T
    Foreign legal entity
        USD 5 EUR 15 EUR 18:30 T
        other currency 1.50 EUR 10 EUR 18:30 T


    1 Is applied to payments submitted at the Bank office, by telephone (for payments to accounts with ABLV Bank, AS, only), by fax or using the electronic payment order form prepared by the Bank officer in Internetbank.


    Outgoing payments in EUR for individuals and Latvian legal entities
    Payment type In Internetbank In other cases1 Cut-off time Value date
    Beneficiary bank is within EEA2 and payment does not exceed 1 000 EUR
      standard free of charge
    5 EUR
    18:30 T+1
      urgent free of charge
    15 EUR 15:00 T
      express3 50 EUR
    60 EUR 17:00 T
    Beneficiary bank is within EEA2 and payment exceeds 1 000 EUR
      standard 0.35 EUR
    5 EUR
    18:30 T+1
      urgent 0.50 EUR
    15 EUR 15:00 T
      express3 50 EUR
    60 EUR 17:00 T
    Beneficiary bank outside EEA2:
      standard 15 EUR
    25 EUR 18:30 T+1
      urgent 30 EUR
    40 EUR 15:00 T
      express3 50 EUR
    60 EUR 17:00 T


    1 Is applied to payments submitted at the Bank office, by telephone (for payments to accounts with ABLV Bank, AS, only), by fax or using the electronic payment order form prepared by the Bank officer in Internetbank.
    2 The EEA countries are all member states of the EU (Austria, United Kingdom, Belgium, Bulgaria, Czech Republic, Denmark, France, Greece, Croatia, Estonia, Ireland, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Finland, Spain, Hungary, Germany, Sweden), as well as Iceland, Liechtenstein, and Norway.
    3 Express payments are performed out of turn.


    Outgoing payments in EUR for foreign legal entities
    Payment type In Internetbank In other cases1 Cut-off time Value date
    Beneficiary bank is within EEAs2 and payment does not exceed 10 000 EUR
      standard 10 EUR 20 EUR 18:30 T+1
      urgent 20 EUR 30 EUR 15:00 T
      express3 50 EUR 60 EUR 17:00 T
    Beneficiary bank is outside EEAs2 or payment exceeds 10 000 EUR
      standard 15 EUR 25 EUR 18:30 T+1
      urgent 30 EUR 40 EUR 15:00 T
      express3 50 EUR 60 EUR 17:00 T


    1 Is applied to payments submitted at the Bank office, by telephone (for payments to accounts with ABLV Bank, AS, only), by fax or using the electronic payment order form prepared by the Bank officer in Internetbank.
    2 The EEA countries are all member states of the EU (Austria, United Kingdom, Belgium, Bulgaria, Czech Republic, Denmark, France, Greece, Croatia, Estonia, Ireland, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Finland, Spain, Hungary, Germany, Sweden), as well as Iceland, Liechtenstein, and Norway.
    3 Express payments are performed out of turn.


    Outgoing payments in USD
    Remitter and payment type In Internetbank In other cases1 Cut-off time Value date
    Individual or Latvian legal entity
      standard 40 USD 55 USD 18:30 T+1
      urgent 60 USD 75 USD 14:00 T
    Foreign legal entity
      standard 100 USD 115 USD 18:30 T+1
      urgent 150 USD 165 USD 14:00 T


    1 Is applied to payments submitted at the Bank office, by telephone (for payments to accounts with ABLV Bank, AS, only), by fax or using the electronic payment order form prepared by the Bank officer in Internetbank.


    Outgoing payments in other currency
    Payment type and currency In Internetbank In other cases1 Cut-off time Value date
    Standard
        AMD, BYN, GEL, KZT, RUB, UAH 10 EUR 20 EUR 18:30 T+1
        AED, AUD, CAD, CHF, CNY, CZK, DKK, GBP, HKD, ILS, JPY, NOK, PLN, SEK, THB, TRY 15 EUR 25 EUR 18:30 T+1
        NZD, SGD, ZAR
    15 EUR 25 EUR 15:00 T+1
    Urgent
        AMD, BYN, GEL, RUB, UAH 20 EUR 30 EUR 12:00 T
        CAD 30 EUR 40 EUR 18:30 T
        CHF, DKK, PLN 30 EUR 40 EUR 14:00 T
        CNY, THB 30 EUR 40 EUR 09:00 T
        CZK 30 EUR 40 EUR 11:30 T
        GBP 30 EUR 40 EUR 16:15 T
        HKD 30 EUR 40 EUR 10:00 T
        ILS 30 EUR 40 EUR 14:00
    on Fridays 10:00
    T
        NOK, SEK 30 EUR 40 EUR 16:30 T
        TRY 30 EUR 40 EUR 15:00 T
    Express2
        RUB 40 EUR 50 EUR 13:00 T


    1 Is applied to payments submitted at the Bank office, by telephone (for payments to accounts with ABLV Bank, AS, only), by fax or using the electronic payment order form prepared by the Bank officer in Internetbank.
    2 Express payments are performed out of turn.


    Regular payments and account management

    Processing of regular payment orders

    free of charge

    Payment execution

    commission for payment in Internetbank in respective currency


    Funds crediting to account1

    Correct details provided

    free of charge

    Incorrect details provided, including the cases, when beneficiary account number is not provided in IBAN format

    20 EUR


    1 Payment is processed on the same Bank day, provided it had been received before 18:30 (Latvian time). Payment amount becomes available to the customer at the moment when confirmation of crediting of the payment to correspondent account of the Bank is received in the Bank and information required for execution of the payment is available; however, not earlier than the value date of the payment. Value date — date stated in the payment order but not earlier than the previous working day before the payment processing day.


    Correction, cancellation, investigation, and refund of a payment

    Cancellation or refund of payment to an account with
    ABLV Bank, AS1

    10 EUR

    Correction, cancellation, or investigation of other payment that is made to / from a bank:

        in Latvia

    10 EUR

        outside Latvia

    100 EUR + actual investigation costs or in accordance with Rates and Charges of a correspondent bank

    Refund of an incoming payment

    respective standard payment commission, as submitted at the office


    1 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

    Currency exchange order is processed on the same bank day, provided it had been submitted to the bank before 18:30 (Latvian time). If order is received after the specified cut-off time, then it is deemed submitted on the next bank day. Executing cash currency exchange, the rates and charges for cash operations are applied

    TOD, TOM, Spot transactions


    Exchanged amount or its equivalent does not exceed 10 000 EUR1

    the bank general exchange rate

    Exchanged amount or its equivalent exceeds 10 000 EUR

    Currency exchange rate 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. If there are no sufficient funds for execution of such order, the order is accepted for processing on the following bank day.

    Go to the service page "Currency Exchange"Forward transactions

    Transaction amount min. 100 000 EUR
    Transaction term up to 60 calendar days
    Transaction currency pair by arrangement with the bank

    Go to the service page "Currency Exchange"Forward transactions

    Transaction amount min. 100 000 EUR
    Transaction period up to 6 months
    Transaction currency pair one party to the transaction — USD or EUR,
    the other — EUR, USD, GBP, RUB, JPY, CHF, AUD or CAD
    Collateral conditions  
        INITL1 5%
        MC2 2%
        SL3 1%
    Interest on the balance held in Forward transactions collateral account, p.a. 0%
    Interest on the capital use for technical overdraft on Forward transaction collateral account, p.a. 12%


    1 Initial Margin — the level of minimum margin requirements to the collateral that is necessary for concluding a Forward transaction and is calculated according to the total amount of all Forward transactions concluded by the client at the current exchange rate.
    2 Maintenance Margin — the level of margin requirements that, upon being reached, entitles the Bank to request the collateral of the concluded Forward transactions to be increased by the client.
    3 Stop Loss — the level of margin requirements that, upon being reached, entitles the Bank to initiate the termination of the client's concluded Forward transactions unilaterally and without acceptance.

    Go to the service page "Cash Services"Cash Services

    Cash withdrawal1

    EUR (coins and banknotes)

    0.2%, min. 3 EUR

    USD (banknotes)

    0.5%, min. 3 EUR

    AUD, CAD, CHF, GBP, DKK, NOK, SEK, RUB, PLN (banknotes)

    1%, min. 3 EUR


    1 In order to withdraw cash exceeding 100 000 EUR / 100 000 USD, cash withdrawal shall be requested at the Bank one Bank day in advance.


    Cash deposit

    Depositing EUR (coins and banknotes) to individual’s account, where payment is performed by

       account holder

    2 EUR

       any other person

    3 EUR

    Depositing EUR (coins and banknotes) to legal entity account 3 EUR

    USD (banknotes)

    0.2%, min. 3 EUR, max. 50 EUR

    AUD, CAD, CHF, GBP, DKK, NOK, SEK, RUB, PLN (banknotes)

    1%, min. 3 EUR


    Other services

    Cash currency exchange for the Bank’s customers (incl. loan guarantors)

       up to 10 000 EUR at the Bank’s general currency exchange rate

    free of charge

       over 10 000 EUR as agreed upon with the Bank or at the Bank’s general currency exchange rate (at customer’s option)

    free of charge

    Cash currency exchange for the customers, who have no current account with the Bank

    3 EUR

    Exchange of EUR banknotes to coins, exchange of EUR coins to banknotes or coins of other denomination, depositing EUR coins to the account or their exchange

       for the Bank’s customers

    2 EUR for each 100 coins

       for the customers, who have no current account with the Bank

    5 EUR for each 100 coins

    Preparing banknotes for withdrawal in customer’s ordered denomination

    0.25%, min. 5 EUR, max. 50 EUR

    Depositing defaced, marked banknotes (except EUR), USD banknotes issued prior to 1988 (including) to the account or their exchange into new banknotes or other currencies

    3%, min. 5 EUR

    Examination of the banknotes authenticity and/or their exchange into banknotes of another denomination

    0.10 EUR per banknote, min. 2 EUR

    Download documents

    Cash Deposit Order 674.23 KB
  • 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 currency

    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.


    Credit conditions EUR1


    Cirrus

    Maestro / Electron

    Maximum credit limit

    not available

    not available

    Interest on the capital use for used credit until the minimum payment due date and the end of the accounting month (p.a.)

    not available

    not available

    Minimum payment (of used credit limit) to be made until 15th next month

    not available

    not available

    Interest on the capital use for used credit in the amount of minimum payment after the minimum payment due date (p.a.)

    not available

    not available

    Interest on the capital use for technical overdraft provided (p.a.)

    60%

    60%

    Granting a bonus-overdraft

    not available

    not available

    Interest on the capital use for used 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 transactions EUR1


    Cirrus

    Maestro / Electron

    Purchases

    not available

    0,2%

    Cash withdrawal

    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

    Travel insurance for one child aged up to 7 (inclusive) of the insured cardholder not available not available
    Travel insurance for the second and every following child aged up to 7 (inclusive) or any child aged 8 – 17 (inclusive) of the insured cardholder not available not available

    Sending of message: SMS (per message)

    0.12

    0.12
    Sending of message: by e-mail (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.

    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

    10 000 EUR / USD / GBP

    50 000 EUR / USD / GBP

    Interest on the capital use for used credit until the minimum payment due date and the end of the accounting month (p.a.)

    24%

    24%

    Minimum payment (of used credit limit) to be made until 15th next month

    10%

    10%

    Interest on the capital use for used credit in the amount of minimum payment after the minimum payment due date (p.a.)

    60%

    60%

    Interest on the capital use for technical overdraft provided (p.a.)

    60%

    60%

    Granting a bonus-overdraft

    20

    20

    Interest on the capital use for used 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 transactions EUR1


    Classic / Business

    Gold / Gold Business

    Purchases

    0.1%

    free of charge

    Cash withdrawal

    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)

    25

    free of charge

    Travel insurance for one child aged up to 7 (inclusive) of the insured cardholder free of charge
    free of charge
    Travel insurance for the second and every following child aged up to 7 (inclusive) or any child aged 8 – 17 (inclusive) of the insured cardholder 12.50 9

    Sending of message: SMS (per message)

    0.12

    free of charge

    Sending of message: by e-mail (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.

    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 / USD / GBP

    150 000 EUR / USD / GBP
    Interest on the capital use for used credit until the minimum payment due date (p.a.)

    0%

    0%

    Minimum payment (of used credit limit) to be made until 15th next month2

    100%

    100%

    Interest on the capital use for used credit after the minimum payment due date

        till the end of accounting month (p.a.) 36% 18%
        in subsequent accounting months (p.a.) 60% 60%
    Interest on the capital use for technical overdraft provided (p.a.) 60% 60%
    Granting a bonus-overdraft 20 free of charge
    Interest on the capital use for used 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.
    2 According to clause B3.5.6 of “ABLV Bank, AS General Terms of Business”.


    ATM cash withdrawal limit
    24 hours limit 1 500 EUR / 2 000 USD / 1 300 GBP

    Fees for transactions EUR1


    Visa Platinum

    Visa Infinite

    Purchases

    free of charge

    free of charge
    Cash withdrawal

    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
    Travel insurance for one child aged up to 7 (inclusive) of the insured cardholder free of charge free of charge
    Travel insurance for the second and every following child aged up to 7 (inclusive) or any child aged 8 – 17 (inclusive) of the insured cardholder 20 45
    Sending of message: SMS (per message)

    free of charge

    free of charge

    Sending of message: by e-mail (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.

    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 (annual fee)



        under unsecured guarantee

    4,08% of the amount

    4,08% of the amount

        under secured guarantee

    2,04% of the amount

    2,04% 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

    Processing of the delayed payment

    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


    Unsecured overdraft

    Short-term loan secured by incoming payment

    Reviewing an application

    free of charge

    free of charge

    Preparing documents after granting a loan

    0,1% of the overdraft amount, min. 50 EUR

    30 EUR

    Amendments to conditions

    0,1% of the overdraft amount, min. 50 EUR

    30 EUR


    Overdraft rates (on the capital use and overdue) for Individuals, p.a1

    Interest on the capital use under the 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%

    Interest on the capital use under unsecured overdraft

    36%

    Overdue interest for delayed repayment

    60%


    1 The interest rates provided are indicative; interest rates are determined individually in each particular case.


    Short-term loan rates (on the capital use and overdue) for Individuals, p.a.1

    Interest under short-term loan secured by incoming payment

    12%

    Overdue interest for delayed repayment

    0.13% (per day)


    1 The interest rates provided are indicative; interest rates are determined individually in each particular case.


    Overdrafts and Short-term Loans for Corporate Entity1

    Unsecured overdraft Overdraft line
    secured by funds
    (Unsecured) overdraft line Short-term loan secured by incoming payment 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


    1The fees are charged in the overdraft/short-term loan currency. In case of fixed fee, it is charged in the fee currency provided there is balance in this currency available in the customer’s account, or an equivalent amount in the overdraft/short-term loan currency is charged, performing currency exchange at the currency exchange rate set by the Bank as at the moment of withholding the fee.


    Overdraft and short-term loan rates (on the capital use and overdue), p.a. for Corporate Entity1

    Interest on the capital use under the 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%
    Interest on the capital use under unsecured overdraft 36%
    Overdue interest for delayed repayment of the overdraft 60% (p.a)
    Interest under short-term loan secured by incoming payment 12%
    Overdue interest for delayed repayment of short-term loan secured by incoming payment 0.13% (per day)
    Interest under short-term loan for LC financing cash index + 15%
    Overdue interest for delayed repayment of the short-term loan for LC financing 0.5% (per day)


    1 The interest rates provided are indicative; interest rates are determined individually in each particular case.

    Go to the service page "Mortgage Loans"Mortgage Loans

    Mortgage Loan for Individuals

    Reviewing an application

    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. 300 EUR

        after granting a credit line
    Increasing the amount of financing  

        for a loan

    1.75% of the increased loan amount, min. 300 EUR

        for a credit line

    Loan funds reservation2

    0.35% of the loan amount, min. 150 EUR

    Amendments to conditions:


        changing the repayment date

    30 EUR

        changing the loan interest rate

    1% of the loan balance, min. 150 EUR

        in collateral agreements, including changing the pledger

    1% of the loan balance, min. 500 EUR

        novation of the loan

    1% of the loan balance, min. 500 EUR

        amendments to other conditions

    1% of the loan balance, min. 100 EUR

    Supervision of construction process

    30 EUR per hour

    Documents processing in case of partial early repayment

    free of charge

    Documents processing in case of early repayment

    free of charge


    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

    Processing or review of Refinancing agreement1

    1 000 EUR

    Scheduled privatization on behalf of the customer

    50 EUR + actual expenses

    Pledge inspection

    50 EUR

    Giving a consent2


        to actions with the pledged real estate

    30 EUR

        for other purposes

    subject to negotiation, min. 50 EUR

    Discharge of encumbrance or mortgage in Land Register

    30 EUR


    1 The charge applies in case when customer refinances its liabilities to the Bank to another credit institution or, when collateral is sold that secures execution of liabilities to the Bank and the amount of sale is directed to execution of liabilities of customer to the Bank and an interbank agreement is entered into about a respective transaction.
    2 If document notarization is required, the customer shall also pay for the notary services.


    Loans for Corporate Entity1

     

    Reviewing an application

    0,1% of the requested loan amount, min. 500 EUR

    Granting the financing, extension of the term


        up to 150 000 EUR

    2% of the loan amount, min. 500 EUR

        above 150 000 EUR

    1% of the loan amount

    Additional fee for reviewing the application (including evaluation of collateral) and granting the loan2

    actual expenses

    Increasing the amount of financing


        if the loan amount including the increase is up to 150 000 EUR

    2% of the increased loan amount, min. 500 EUR

        if the loan amount including the increase is above 150 000 EUR

    1% of the increased loan amount

    Credit interest rate (on the capital use and overdue)

    determined individually

    Commitment fee3

    1% p.a. of the loan amount not disbursed

    Amendments to conditions

    0,2% of the loan amount, min. 500 EUR

    Supervision of construction

    50 EUR

    Processing of documents in case of early repayment:



       partial repayment

    1% of the outstanding amount of the loan repaid early, min. 500 EUR

       full repayment

    1% of the outstanding loan amount, min. 500 EUR

       refinancing to other credit institution

    2% of the outstanding loan, min. 1000 EUR

    Processing of freight documents (per set of documents)

    30 EUR

    Giving the Bank’s permission for withdrawing controlled goods from warehouse

    20 EUR


    1 The fees are charged in the loan currency. If the stated currency of the fee differs from the loan currency, the fee is debited in the loan currency, performing currency exchange at the currency exchange rate set by the Bank as at the moment of withholding the fee.
    2 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.
    3 The fee is applied in case of extending the term of the loan disbursement beyond standard one set forth in the loan agreement.


    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

    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

    Go to the service page "Long-Term Commercial Loans"Long-Term Commercial Loans

    Loans1
    Collateral Deposit with
    ABLV Bank
    ABLV Bank straight bonds Other collateral
    Reviewing an application 500 EUR 500 EUR 0.1% of the requested
    credit limit amount,
    min. 500 EUR
    Granting the financing, extension of the term


        up to 150 000 EUR 0.5% of the loan amount,
    min. 500 EUR
    1% of the loan amount 2% of the loan amount,
    min. 500 EUR
        above 150 000 EUR 0.5% of the loan amount,
    min. 500 EUR
    1% of the loan amount 1% of the loan amount
    Additional fee for reviewing the application (including evaluation of collateral)
    and granting the loan2
    actual expenses
    Increasing the amount of financing


        if the loan amount including the increase is up to 150 000 EUR 0.1% of the increased loan amount, min. 500 EUR 1% of the increased loan amount 2% of the increased loan amount, min. 500 EUR
        if the loan amount including the increase is above 150 000 EUR 0.1% of the increased loan amount, min. 500 EUR 1% of the increased loan amount 1% of the increased loan amount
    Credit interest rate (on the loan use and overdue) determined individually determined individually determined individually
    Commitment fee3 1% p.a. of the loan amount not disbursed
    Amendments to conditions 500 EUR 500 EUR 0.2% of the loan amount,
    min. 500 EUR
    Supervision of construction 50 EUR
    Processing of documents in case of early repayment:
        partial repayment 100 EUR 100 EUR 1% of the outstanding amount of the loan repaid early, min. 500 EUR
        full repayment free of charge free of charge 1% of the outstanding loan amount, min. 500 EUR
        refinancing to other credit institution 2% of the outstanding loan amount, min. 1 000 EUR
    Processing of freight documents (per set of documents) 30 EUR
    Giving the Bank’s permission for withdrawing controlled goods from warehouse 20 EUR


    1 The fees are charged in the loan currency. If the stated currency of the fee differs from the loan currency, the fee is debited in the loan currency, performing currency exchange at the currency exchange rate set by the Bank as at the moment of withholding the fee.
    2 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.
    3 The fee is applied in case of extending the term of the loan disbursement beyond the standard one set forth in the loan agreement.


    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 client 50 EUR + actual expenses

    Analysis of the client's financial status at its office at the cient's request

    100 EUR per hour + expenses related to visiting the client's office outside Latvia

    Go to the service page "Short-Term Commercial Loans"Short-Term Commercial Loans

    Credit Lines1
    Collateral ABLV Bank straight bonds Other collateral
    Reviewing an application 500 EUR 0.1% of the requested credit line amount,
    min. 500 EUR
    Granting the financing, extension of the term

        up to 150 000 EUR 1.3% of the credit line amount 2.3% p.a. of the credit line amount,
    min. 500 EUR p.a.
        above 150 000 EUR 1.3% of the credit line amount 1.3% p.a. of the credit line amount,
    min. 500 EUR p.a.
    Additional fee for reviewing the application (including evaluation of collateral)
    and granting the loan2
    actual expenses
    Increasing the amount of financing

        if the loan amount including the increase is up to 150 000 EUR 1.3% of the increased credit line amount 2.3% p.a. of the increased credit line amount, min. 500 EUR p.a.
        if the loan amount including the increase is above 150 000 EUR 1.3% of the increased credit line amount 1.3% p.a. of the increased credit line amount, min. 500 EUR p.a.
    Credit interest rate (on the capital use and overdue) determined individually determined individually
    Amendments to conditions 500 EUR 0.2% of the credit line amount,
    min. 500 EUR
    Supervision of construction
    Processing of documents in case of early repayment:

        partial repayment 100 EUR free of charge
        full repayment free of charge free of charge
        refinancing to other credit institution 2% of the outstanding credit line amount, min. 1000 EUR
    Processing of freight documents (per set of documents) 30 EUR

    Giving the Bank’s permission for withdrawing controlled goods from warehouse

    20 EUR


    1 The fees are charged in the loan currency. If the stated currency of the fee differs from the loan currency, the fee is debited in the loan currency, performing currency exchange at the currency exchange rate set by the Bank as at the moment of withholding the fee.
    2 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.


    Overdrafts and Short-term Loans1

    Unsecured overdraft Overdraft line
    secured by funds
    (Unsecured) overdraft line Short-term loan secured by incoming payment 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


    1The fees are charged in the overdraft/short-term loan currency. In case of fixed fee, it is charged in the fee currency provided there is balance in this currency available in the customer’s account, or an equivalent amount in the overdraft/short-term loan currency is charged, performing currency exchange at the currency exchange rate set by the Bank as at the moment of withholding the fee.


    Overdraft and short-term loan rates (on the capital use and overdue), p.a.1

    Interest on the capital use under the 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%
    Interest on the capital use under unsecured overdraft 36%
    Overdue interest for delayed repayment of the overdraft 60% (per year)
    Interest under short-term loan secured by incoming payment 12%
    Overdue interest for delayed repayment of short-term loan secured by incoming payment 0.13% (per day)
    Interest under short-term loan for LC financing cash index + 15%
    Overdue interest for delayed repayment of the short-term loan for LC financing 0.5% (per day)


    1 The interest rates provided are indicative; interest rates are determined individually in each particular case.

    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 on the capital use (p.a.) is applied to financing, and it is calculated as follows:

      Minimum interest rate on the capital use (p.a.)

    =

    floating interest rate1

    + 2.25%

    Minimum interest rate on the capital use 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 on the capital use calculated according to the following formula is applied to the financing:

       Interest rate on the capital use (p.a.)2

    =

    floating interest rate1

    + gross margin

    3. Currencies allowed for financing: USD, EUR, RUB, GBP, CHF.


    1 The respective interest rate: USD — US Federal Funds Target Rate, EUR — European Central Bank (ECB) Refinancing Fixed Rate, RUB — Central Bank of Russia (CBR) Key Rate, GBP – Bank of England (BoE) Bank Rate, CHF — Middle value of Swiss National Bank (SNB) Target Range for 3M LIBOR CHF. If the respective interest rate reaches 0.00% or less, the interest rate of 0.00% is applied as a floating interest rate.
    2 Interest rate on the capital use is calculated in accordance with provisions of section B14 of “ABLV Bank, AS General Terms of Business” (NOT.001).


    Financing conditions1

    Investment assets’ category2

    Currency

    Available
    loan
    limit3

    Collateral conditions3

    Gross margin

    INITL4

    MAINT5

    SL6

    Government bonds, national central banks and supranational organizations bonds7

        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%

        Belarus and Ukraine government bonds   Are not financed

        Other countries’ government bonds and central banks, supranational organizations bonds with the credit rating:

            AA- and higher, with the maturity term up to 5 years (including)

    USD, EUR, GBP, CAD, SEK, CHF, RUB

    95%

    5%

    4%

    2%

    3.00%

            AA- and higher, with the maturity term over 5 years

    USD, EUR, GBP, CAD, SEK, CHF, RUB

    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

    90%

    10%

    8%

    6%

    4.00%

            BBB- and higher with the maturity term over 5 years

    USD, EUR, GBP, CAD, SEK, CHF, RUB

    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

    80%

    20%

    15%

    10%

    4.50%

            BB+, BB and BB- (neutral outlook), with the maturity term over 5 years

    USD, EUR, GBP, CAD, SEK, CHF, RUB

    75%

    25%

    20%

    15%

    4.50%

            B+, B and B- (neutral outlook)

    USD, EUR, GBP, CAD, SEK, CHF, RUB

    65%

    35%

    30%

    25%

    4.75%

    Corporate bonds the obligations under which are guaranteed by the government with the volume of issue USD 100 million and more7

        Corporate bonds the obligations under which are guaranteed by the government Conditions of the category “Government bonds, national central banks and supranational organizations bonds” are applied
    Corporate bonds (except for bonds issued by ABLV Bank, AS) with the volume of issue USD 100 million and more7
        Straight bonds
            Straight bonds of Belarus and Ukraine issuers   Are not financed
            Other issuers’ straight bonds with the credit rating:

                BBB- and higher

    USD, EUR, GBP, CAD, SEK, CHF

    75%

    25%

    20%

    15%

    4.40%

    RUB 65% 35% 30% 25% 4.40%

                BB+, BB and BB-

    USD, EUR, GBP, CAD, SEK, CHF

    60%

    40%

    35%

    30%

    5.25%

    RUB 50% 50% 45% 40% 5.25%

                B+ and B

    USD, EUR, GBP, CAD, SEK, CHF

    50%

    50%

    45%

    40%

    6.00%

    RUB 40% 60% 55% 50% 6.00%

                B-

    USD, EUR, GBP, CAD, SEK, CHF

    40%

    60%

    55%

    50%

    6.25%

    RUB 30% 70% 65% 60% 6.25%
        Subordinated bonds
            Subordinated bonds of Belarus and Ukraine issuers   Are not financed
            Other issuers’ subordinated bonds with the credit rating:

                BBB- and higher

    USD, EUR, GBP, CAD, SEK, CHF

    75%

    25%

    20%

    15%

    4.40%

    RUB 65% 35% 30% 25% 4.40%

                BB+, BB and BB-

    USD, EUR, GBP, CAD, SEK, CHF

    60%

    40%

    35%

    30%

    5.25%

    RUB 50% 50% 45% 40% 5.25%

                B+ and B

    USD, EUR, GBP, CAD, SEK, CHF

    40%

    60%

    55%

    50%

    6.50%

    RUB 30% 70% 65% 60% 6.50%

                B-

    USD, EUR, GBP, CAD, SEK, CHF

    30%

    70%

    65%

    60%

    7.00%

    RUB 20% 80% 75% 70% 7.00%

    Bonds issued by ABLV Bank, AS


        ABLV Bank, AS straight bonds

    USD, EUR

    90%

    10%

    7%

    4%

    3.00%

        ABLV Bank, AS subordinated bonds
    Are not financed

    Stocks


        Stocks traded on stock exchanges of Belarus and Ukraine issuers   Are not financed

        Stocks and ETFs traded on stock exchanges with capitalization:

            over USD 1 billion (including)

    USD, EUR, GBP, CAD, SEK, CHF

    70%

    30%

    25%

    20%

    9.75%

    RUB 60% 40% 35% 30% 9.75%

            over USD 300 million (including), but less than USD 1 billion

    USD, EUR, GBP, CAD, SEK, CHF

    60%

    40%

    35%

    30%

    10.25%

    RUB 50% 50% 45% 40% 10.25%

            over USD 100 million (including), but less than USD 300 million

    USD, EUR, GBP, CAD, SEK, CHF

    50%

    50%

    45%

    40%

    10.75%

    RUB 40% 60% 55% 50% 10.75%

    Government bonds, national central banks and supranational organizations bonds, corporate bonds, stocks that are not included in the above groups of investment assets’ categories

        Government bonds, national central banks and supranational organizations bonds, corporate bonds, stocks and ETFs that are considered valid for financing (except defaulted issuers)8

    USD, EUR, GBP, CAD, SEK, CHF, RUB

    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 Global Corporate USD Bond Fund USD
    75%
    25%
    20%
    15%
    5.25%
        ABLV European Corporate EUR Bond Fund EUR
    75%
    25%
    20%
    15%
    5.25%

        ABLV High Yield CIS Bond Fund

    USD, RUB

    75%

    25%

    20%

    15%

    5.25%

        ABLV Emerging Markets Corporate USD Bond Fund

    USD

    75%

    25%

    20%

    15%

    5.25%

        ABLV Multi-Asset Total Return USD Fund

    USD

    75%

    25%

    20%

    15%

    5.25%

        ABLV Global Stock Index Fund

    USD, EUR

    70%

    30%

    20%

    15%

    9.75%

        ABLV US Industry USD Equity Fund

    USD

    70%

    30%

    20%

    15%

    9.75%

        ABLV European Industry EUR Equity Fund

    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


    90%

    10%

    0%

    0%

    5.00%


    1 Bank is entitled to unilaterally amend the financing conditions of the financial instrument included in a particular investment asset category, giving a separate notification to the customer. The amendments shall also apply to the transactions of financing against pledge of investment portfolio that are entered into as at the moment of amendments becoming effective. If such amendments result into collateral appearing to be insufficient, the future transactions of financing against pledge of investment portfolio shall be executed in accordance with provisions of section B14 of “ABLV Bank, AS, General Terms of Business” (NOT.001).
    2 The Bank is entitled to set limits on the financial instruments of particular issuers.
    3 In percentage terms of investment assets’ market value.
    4 Initial Margin — initial margin which determines allowed loan limit.
    5 Maintenance Margin — margin amount upon reaching which the Bank is entitled to demand increasing collateral or decreasing loan amount.
    6 Stop Loss — margin amount upon reaching which the customer’s position is closed without acceptance in order to decrease the loan amount.
    7 According to ratings of Standard & Poor’s or respective ratings of other credit rating agencies. Based on a separate customer's application, the Bank can grant the customer financing against the pledge of investment portfolio, which will be secured by bonds that were not assigned a credit rating in terms of initial offering, but that were included by the Bank into one of investment assets categories, indicated in the rates and charges, and the customer was informed about that.
    8 Additional information on these instruments is available on request.


    Fixed overdue interest rate1 used on the following instances:

    loan limit exceeded2

    24% p.a.

    use of currencies not allowed for financing

    36% p.a.


    1 As set forth in section B14 of “ABLV Bank, AS General Terms of Business” (NOT.001), part of the total interest rate.
    2 The loan limit, as set forth in section B14 of ABLV Bank, AS General Business Terms and Conditions (NOT.001).

    Go to the service page "Financing Against Pledge of Investment Portfolio"Financing Against Pledge of Investment Portfolio of the platform Orbis Trader ABLV

    General provisions

    1. The interest rate on the capital use (p.a.)1 calculated according to the following formula is applied to the financing:

        Interest rate on the capital use (p.a.) = floating interest rate2 + 10,25%

    2. Currency allowed for financing: USD

    3. Overdue interest rate used on the use of currencies not allowed for financing: 36%


    1 The provision regarding minimum interest rate on the capital use set forth in section B14 of “ABLV Bank, AS, General Terms of Business” (NOT.001) is not applied to the transactions of financing on Orbis Trader ABLV platform. The interest rate on the capital use for this type of transactions is determined in accordance with paragraph 1 of these rates and charges above, and the same shall be applied during the whole period of financing.
    2 The respective Federal Funds interest rate. If the respective interest rate reaches 0.00% or less, the interest rate of 0.00% is applied as a floating interest rate.


    Financing conditions1

    Investment assets’ category

    Currency

    Available loan limit2

    Collateral conditions2

    INITL3

    MAINT4

    SL5

    Stocks and ETFs traded on stock exchanges with capitalization:

        over USD 1 billion (including)

    USD

    70%

    30%

    25%

    20%

        over USD 300 million (including), but less than USD 1 billion

    USD

    60%

    40%

    35%

    30%

        over USD 100 million (including), but less than USD 300 million USD

    50%

    50%

    45%

    40%


    1 Bank is entitled to unilaterally amend the financing conditions of the financial instrument included in a particular investment asset category, giving a separate notification to the customer. The amendments shall also apply to the transactions of financing against pledge of investment portfolio that are entered into as at the moment of amendments becoming effective. If such amendments result into collateral appearing to be insufficient, the future transactions of financing against pledge of investment portfolio shall be executed in accordance with provisions of section B14 of “ABLV Bank, AS, General Terms of Business” (NOT.001).
    2 In percentage terms of investment assets’ market value.
    3 Initial Margin — initial margin, which determines allowed loan limit.
    4 Maintenance Margin — margin amount upon reaching which the Bank is entitled to demand increasing the collateral or decreasing the loan amount.
    5 Stop Loss — margin amount upon reaching which the customer’s position is closed without acceptance in order to decrease the loan amount.

  • 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 documents2)

    0.2% of the amount specified in documents, min. 200 EUR

    Pre-advising

    150 EUR

    Amendment of conditions: issuing, changing cover type

    100 EUR

    Presentation of discrepant documents3

    100 EUR

    Payment of a letter of credit

    free of charge

    Deferred payment commission

    0.1% of the amount, min. 100 EUR per quarter

    Deferred payment financing to beneficiary of letter of credit 3% p.a. of the amount specified in documents

    Expiry of the letter of credit without utilisation, or cancellation

    100 EUR


    1 Including preparing/amending draft letter of credit.
    2 All documents relating to a single shipment document are considered a set of documents. Several railway bills are considered a single shipment document if included in a single bill.
    3 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. 200 EUR, max. 1 000 EUR

    Taking-up of documents (per set of documents1)

    0.2% of the amount specified in documents, min. 200 EUR

    Repeated taking-up of documents in case of their replacement (per document) 100 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. 200 EUR

    Advising on assignment of proceeds 0.1% of the amount, min. 200 EUR, max. 1 000 EUR
    Advising on amendment of assignment of proceeds 100 EUR

    Presentation of discrepant documents2

    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. 150 EUR, max. 1 000 EUR

    Expiry of the letter of credit without utilisation, or cancellation

    100 EUR


    1 All documents relating to a single shipment document are considered a set of documents. Several railway bills are considered a single shipment document if included in a single bill.
    2 The commission is paid by the letter of credit receiver.


    Additional Services

    Advice of documentary operations specialist

    as agreed upon

    Confirmation1

    information available upon request

    Payment

    according to “Rates and Charges: Payments and Currency Exchange”

    Cash withdrawal from escrow account

    according to “Rates and Charges: Cash Operations”

    Issuance of reference concerning documentary operations

    100 EUR

    Sending information via SWIFT (per message)

    10 EUR

    Long-distance call

    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

    as agreed upon

    Confirmation1

    information available upon request

    Payment

    according to “Rates and Charges: Payments and Currency Exchange”

    Cash withdrawal from escrow account

    according to “Rates and Charges: Cash Operations”

    Issuance of reference concerning documentary operations

    100 EUR

    Sending information via SWIFT (per message)

    10 EUR

    Long-distance call

    actual expenses


    1 Commissions of the confirming bank shall be charged in addition to the commissions of ABLV Bank, AS.

    Download documents

    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


    Advising on issuing guarantee in paper format 200 EUR  

    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 documents5)

    0.2% of the amount specified in documents, min. 200 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 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.
    5 All documents relating to a single shipment document are considered a set of documents. Several railway bills are considered a single shipment document if they are included in a single bill.


    Receiving Guarantee

    Advising on issuing/ increasing the amount

    0,1% of the amount, min. 200 EUR, max. 1 000 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

    as agreed upon

    Confirmation1

    information available upon request

    Payment

    according to “Rates and Charges: Payments and Currency Exchange”

    Cash withdrawal from escrow account

    according to “Rates and Charges: Cash”

    Issuance of reference concerning documentary operations

    100 EUR

    Sending information via SWIFT (per message)

    10 EUR

    Long-distance call

    actual expenses


    1 Commissions of the confirming bank shall be charged in addition to the commissions of ABLV Bank, AS.

    Download documents

    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

    Payment

    according to “Rates and Charges: Payments and Currency Exchange”

    Cash withdrawal from escrow account

    according to “Rates and Charges: Cash Operations”

    Issuance of reference concerning documentary operations

    100 EUR

    Sending information via SWIFT (per message)

    10 EUR

    Long-distance call

    actual expenses


    1 Commissions of the confirming bank shall be charged in addition to the commissions of ABLV Bank, AS.

    Download documents

  • 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)

    Charge (per month)

    S

    55 x 260 x 400

    20 EUR

    M

    145 x 260 x 400

    30 EUR

    L

    245 x 260 x 400

    45 EUR

    XL

    180 x 560 x 400

    55 EUR

    XXL

    280 x 560 x 400

    65 EUR

    XXXL

    435 x 560 x 400

    75 EUR


    Related services

    Safe Deposit Box Management (per month)

    10 EUR1

    Safe Deposit Box keys keeping in the Bank

    free of charge

    Safe Deposit Box сontents keeping in common safe upon expiry of the rental rights

    double rental charge

    Forced opening of the Safe Deposit Box (one-off charge)

    150 EUR

    Safe Deposit Box’s lock replacement with issuing new key (one-off charge)

    150 EUR

    Expiry of the rental rights of the Safe Deposit Box

    30 EUR

    The Safe Deposit Box rental services are provided to customers during the Bank working hours in central office in Riga, 23 Elizabetes Street. The service charges include value added tax.


    1 The charge for this service does not include the Safe Deposit Box rental charge.

    Download documents

  • Deposits

    Go to the service page "Savings Accounts"Savings Accounts

    Interest Rates per annum1 valid from February 1, 2017



    Savings Account

    EXTRA Savings Account

    USD

    10 000 and more

    0.37

    0.47

    EUR

    10 000 and more

    0.00

    0.00

    GBP

    10 000 and more

    0.00

    CHF

    10 000 and more

    0.00

    RUB

    500 000 and more

    5.00


    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

    Savings account, EXTRA savings account report (upon request)

    15 EUR (per report)

    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 Term

    Interest rates per annum valid from February 1, 2017. 3 month 6 month 12 month
    USD

    10 000 … 1 000 000

    0.72

    1.03

    1.40

    EUR

    10 000 … 1 000 000

    0.00

    0.00

    0.00


    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.)


    USD

    0,90

    EUR

    0,00

    GBP

    0,21


    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.

    Download documents

    Go to the service page "Security Account "Security Account

    Interest rates (p.a.)

    USD

    10 000 and more

    0.00

    EUR

    10 000 and more

    0.00

  • Savings for Children

    Go to the service page "Investment Portfolio "Investment Portfolio

    Financial Instruments’ Account

    Financial instruments’ custody


        investment certificates of ABLV Asset Management, IPAS open-end investment funds

    free of charge

    Financial instruments’ transfers:


        book transfer

    free of charge

    Reports

    Investment portfolio status report:


        regular in the Internetbank (monthly / quarterly)

    free of charge

        upon request

    10 EUR (per report)

    Financial instruments’ transactions report (upon request)

    10 EUR (per report)

    Cash account report (upon request)

    15 EUR (per report)

    Any other report (upon request)

    100 EUR (per report)


    Other Services

    Reference

    20 EUR

    Any other references

    100 EUR

    Other services

    information available upon a request

    Download documents

    Go to the service page "Savings Account"Savings Account

    Interest Rates per annum1 valid from February 1, 2017

    USD

    10 000 and more

    0.47

    EUR

    10 000 and more

    0.00

    GBP

    10 000 and more

    0.00

    CHF

    10 000 and more

    0.00

    RUB

    500 000 and more

    5.00


    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

    Savings account report (upon request)

    15 EUR (per report)

    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 33rd calendar day after receiving the order (excluding the day of order receipt).
    2 The bank withholds the charge in the service currency.

    Download documents

  • 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 + VAT

    Management fee1:


        Investment programme “Emerging Markets Bonds”

    0,75% (per year) + VAT

        Investment programme “High Yield Bonds”

    1,25% (per year) + VAT

        Investment programme “Stocks”

    1,75% (per year) + VAT

    Performance fee2

    15% + VAT


    1 The fee is calculated based on the portfolio monthly average market value equivalent in EUR and is withheld monthly in the portfolio currency applying the respective currency rate set by the European Central Bank as at the last day of the previous month. The portfolio average market value is calculated applying the respective currency rate set by the European Central Bank on the relevant day of the month. 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 rate for the actual investment period.

  • Brokerage Services

    Go to the service page "Bond Market Transactions"Bond Market Transactions

    Bonds Transactions

    Bonds issued by ABLV Bank, AS


        Straight bonds

    free of charge

        Subordinated bonds

    0,08% (min. 100 USD / EUR)1

    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)2

        Bonds nominated in other currency

    information available upon request


    1 The commission fee is not applied to the orders submitted under initial public offer.
    2 The minimal commission fee is not applied to transactions that are made using electronic trading platform.


    Electronic trading platforms1
    Trader ABLV connection free of charge
    use 10 EUR (monthly)
    QTrader connection free of charge
    use 70 USD (monthly)
    mobile application free of charge
    Quik Trader ABLV connection free of charge
    use 300 RUB (monthly)
    Orbis Trader ABLV connection free of charge
    use 10 USD (monthly)


    1 Additional fee for accessing data of particular stock exchanges via electronic trading platform may be charged according to the rules of the respective stock exchange. Additional information is available upon request.


    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 via Internetbank or e-mail

    free of charge

    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).

    Go to the service page "Transactions in Stock, ETF and stock options markets"Transactions in Stock, ETF and stock options markets

    Stocks Transactions, including ETF (Exchange Traded Funds)1

    Russia


        stocks, incl. ETF, denominated in USD

    0.25% (min. 50 USD)

        stocks, incl. ETF, denominated in RUB

    0.20% (min. 50 USD)2

    USA (USA stock exchanges, OTC)


        stock price is up to 1.00 USD (including) 0.010 USD per stock (min. 50 USD)
        stock price is above 1.00 and up to 5.00 USD (including) 0.015 USD per stock (min. 50 USD)
        stock price is above 5.00 USD 0.025 USD per stock (min. 50 USD)

    Canada

    0.35% (min. 60 CAD)

    UK


        stocks, incl. ETF, denominated in GBP

    0.35% (min. 50 GBP)3

        stocks, incl. ETF, denominated in USD

    0.35% (min. 50 USD)

    Switzerland, Denmark, Norway, Sweden, other Eurozone countries (excluding Greece)

    0.35% (min. 50 EUR)

    Latvia, Estonia, Lithuania

    0.35% (min. 25 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 Bloomberg 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.


    Derivatives Transactions

    US stock options

    2.50 USD per contract (min. 30 USD)

    Futures and futures options transactions:


        CBOT, eCBOT, CME, CME Globex, ICE, NYMEX, NYBOT

    15 USD for a single contract transaction1

        EUREX, EURONEXT-Paris, EURONEXT.liffe

    15 EUR for a single contract transaction1

        Russia / Moscow Exchange (FORTS)2 10 RUB for a contract3

        Other stock exchanges

    information available upon request

    Refined oil products swaps (CME, ICE)

    information available upon request


    1 The commission fee is applied to each futures/option sale or purchase transaction and withheld in the futures/option currency, taking into account Bloomberg exchange rate on the trade date.
    2 The transactions may be made only using electronic trading platform Quik Trader ABLV. In case of margin call, according to the rates and charges of the agency company the overdue interest shall be equal to 0.2% of the margin call amount per day.
    3 Not including the fees of the stock exchange and other fees arising out of the execution of the customer's order.


    Electronic trading platforms1
    Trader ABLV connection free of charge
    use 10 EUR (monthly)
    QTrader connection free of charge
    use 70 USD (monthly)
    mobile application free of charge
    Quik Trader ABLV connection free of charge
    use 300 RUB (monthly)
    Orbis Trader ABLV connection free of charge
    use 10 USD (monthly)


    1 Additional fee for accessing data of particular stock exchanges via electronic trading platform may be charged according to the rules of the respective stock exchange. Additional information is available upon request.


    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 via Internetbank or e-mail

    free of charge

    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).

    Go to the service page "Transactions in Futures and Futures Options"Transactions in Futures and Futures Options

    Derivatives Transactions

    US stock options

    2.50 USD per contract (min. 30 USD)

    Futures and futures options transactions:


        CBOT, eCBOT, CME, CME Globex, ICE, NYMEX, NYBOT

    15 USD for a single contract transaction1

        EUREX, EURONEXT-Paris, EURONEXT.liffe

    15 EUR for a single contract transaction1

        Russia / Moscow Exchange (FORTS)2 10 RUB for a contract3

        Other stock exchanges

    information available upon request

    Refined oil products swaps (CME, ICE)

    information available upon request


    1 The commission fee is applied to each futures/option sale or purchase transaction and withheld in the futures/option currency, taking into account Bloomberg exchange rate on the trade date.
    2 The transactions may be made only using electronic trading platform Quik Trader ABLV. In case of margin call, according to the rates and charges of the agency company the overdue interest shall be equal to 0.2% of the margin call amount per day.
    3 Not including the fees of the stock exchange and other fees arising out of the execution of the customer's order.


    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 via Internetbank or e-mail

    free of charge

    Electronic trading platforms:2


        Trader ABLV


            connection

    free of charge

            use

    10 EUR (monthly)

        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)

        Orbis Trader ABLV


            connection

    free of charge

            use

    10 USD (monthly)

    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 Additional fee for accessing data of particular stock exchanges via electronic trading platform may be charged according to the rules of the respective stock exchange. Additional information is available upon request.

    Go to the service page "Transactions with Investment Funds Managed by ABLV Asset Management, IPAS"Transactions with Investment Funds Managed by ABLV Asset Management, IPAS

    Transactions with Investment Funds Managed by ABLV Asset Management, IPAS
    Investment certificates emission fee:
        ABLV Emerging Markets USD Bond Fund
        ABLV Emerging Markets EUR Bond Fund
    1.00%
        ABLV Global Corporate USD Bond Fund 1.00%
        ABLV European Corporate EUR Bond Fund 1.00%
        ABLV High Yield CIS USD Bond Fund
        ABLV High Yield CIS RUB Bond Fund
    1.00%
        ABLV Emerging Markets Corporate USD Bond Fund 1.00%
        ABLV Global USD Stock Index Fund
        ABLV Global EUR Stock Index Fund
    1.50%
        ABLV US Industry USD Equity Fund 1.50%
        ABLV European Industry EUR Equity Fund 1.50%
        ABLV Multi-Asset Total Return USD Fund 1.50%
    Investment certificates redemption fee free of charge

    Electronic trading platforms1
    Trader ABLV connection free of charge
    use 10 EUR (monthly)
    QTrader connection free of charge
    use 70 USD (monthly)
    mobile application free of charge
    Quik Trader ABLV connection free of charge
    use 300 RUB (monthly)
    Orbis Trader ABLV connection free of charge
    use 10 USD (monthly)


    1 Additional fee for accessing data of particular stock exchanges via electronic trading platform may be charged according to the rules of the respective stock exchange. Additional information is available upon request.


    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 via Internetbank or e-mail

    free of charge

    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).

    Go to the service page "Precious Metals’ Accounts"Precious Metals’ Accounts

    Transactions in precious metals in precious metals’ accounts1

    Purchasing / selling of precious metals in precious metals’ accounts

    0.20% (min. 100 USD)


    1 If ABLV Capital Markets, IBAS, 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 maintenance1


        XAU (gold), XPT (platinum), XPD (palladium)

    0.4% (p.a.)

        XAG (silver)

    0.8% (p.a.)

    Precious metals’ transfers2


        book transfer

    free of charge

        from account in another bank to ABLV Bank, AS, account

    actual expenses3

        from ABLV Bank, AS, account to account in another bank

    0.1% of the market value4 (min.100 USD)

    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 European Central Bank 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.
    3 The actual costs are withheld in the currency applied by the agency company.
    4 Market value is determined at the day of executing the transfer. If market value is not determined, the Bank determines it independently. The fee is withheld in USD. If taxes, duties or other similar payments should be withheld from the charge, the Bank may withhold those payments in accordance with the procedure set forth in ABLV Bank, AS, General Terms of Business, increasing the charge amount accordingly.

    Go to the service page "Investment Gold Safe Custody"Investment Gold Custody

    Investment gold1

    Investment gold conversion2

    300 USD per bar3

    Investment gold safe custody4

    0.24% (p.a.)


    1 The service is available to legal entities only.
    2 If ABLV Capital Markets, IBAS, 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.
    3 One standard bar weight is from 350 to 430 troy ounces.
    4 The fee is calculated based on the portfolio monthly average market value equivalent in EUR and is withheld monthly in USD, unless other currency is designated by a customer. The portfolio monthly average market value is calculated and the fee is withheld applying the respective currency rate set by the European Central Bank on the relevant day.

  • Electronic Trade

    Go to the service page "Electronic Trade"Electronic Trade

    Electronic trading platforms1
    Trader ABLV connection free of charge
    use 10 EUR (monthly)
    QTrader connection free of charge
    use 70 USD (monthly)
    mobile application free of charge
    Quik Trader ABLV connection free of charge
    use 300 RUB (monthly)
    Orbis Trader ABLV connection free of charge
    use 10 USD (monthly)


    1 Additional fee for accessing data of particular stock exchanges via electronic trading platform may be charged according to the rules of the respective stock exchange. Additional information is available upon request.


    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 via Internetbank or e-mail

    free of charge

    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 issued by ABLV Bank, AS


        Straight bonds

    free of charge

        Subordinated bonds

    0,08% (min. 100 USD / EUR)1

    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)2

        Bonds nominated in other currency

    information available upon request


    1 The commission fee is not applied to the orders submitted under initial public offer.
    2 The minimal commission fee is not applied to transactions that are made using electronic trading platform.


    Stocks Transactions, including ETF (Exchange Traded Funds)1

    Russia


        stocks, incl. ETF, denominated in USD

    0.25% (min. 50 USD)

        stocks, incl. ETF, denominated in RUB

    0.20% (min. 50 USD)2

    USA (USA stock exchanges, OTC)


        stock price is up to 1.00 USD (including) 0.010 USD per stock (min. 50 USD)
        stock price is above 1.00 and up to 5.00 USD (including) 0.015 USD per stock (min. 50 USD)
        stock price is above 5.00 USD 0.025 USD per stock (min. 50 USD)

    Canada

    0.35% (min. 60 CAD)

    UK


        stocks, incl. ETF, denominated in GBP

    0.35% (min. 50 GBP)3

        stocks, incl. ETF, denominated in USD

    0.35% (min. 50 USD)

    Switzerland, Denmark, Norway, Sweden, other Eurozone countries (excluding Greece)

    0.35% (min. 50 EUR)

    Latvia, Estonia, Lithuania

    0.35% (min. 25 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 Bloomberg 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.


    Derivatives Transactions

    US stock options

    2.50 USD per contract (min. 30 USD)

    Futures and futures options transactions:


        CBOT, eCBOT, CME, CME Globex, ICE, NYMEX, NYBOT

    15 USD for a single contract transaction1

        EUREX, EURONEXT-Paris, EURONEXT.liffe

    15 EUR for a single contract transaction1

        Russia / Moscow Exchange (FORTS)2 10 RUB for a contract3

        Other stock exchanges

    information available upon request

    Refined oil products swaps (CME, ICE)

    information available upon request


    1 The commission fee is applied to each futures/option sale or purchase transaction and withheld in the futures/option currency, taking into account Bloomberg exchange rate on the trade date.
    2 The transactions may be made only using electronic trading platform Quik Trader ABLV. In case of margin call, according to the rates and charges of the agency company the overdue interest shall be equal to 0.2% of the margin call amount per day.
    3 Not including the fees of the stock exchange and other fees arising out of the execution of the customer's order.

  • 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

    0.03% (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 account in another bank to ABLV Bank, AS account

    actual expenses3

        from ABLV Bank, AS account to account in another bank

    0,1% of the market value4 (min. 50 EUR)

    Closing of account

    free of charge


    1 The fee is calculated by applying the portfolio monthly average market value equivalent denominated in EUR, and monthly withheld in USD, if other currency has not been designated by a customer. For the portfolios on Quik Trader ABLV trading platform the fee is withheld in RUB. The portfolio monthly average market value is calculated and the fee is withheld by applying the respective currency rate set by the European Central bank 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 The actual costs are withheld in the currency of financial instrument if it is USD, EUR or RUB. In other cases, the fee is withheld in EUR, converting at the bank's general rate on the transfer’s day.
    4 Market value is determined at the day of submitting executing the transfer. If market value is not determined, the Bank determines it independently. The coupon income accrued is not included in calculation of bonds market value. The fee is withheld in the currency of financial instrument if it is USD, EUR or RUB. In other cases, the fee is withheld in EUR, converting at the bank's general rate on the transfer’s day.


    Cash Account

    Account opening

    free of charge

    Account servicing

    free of charge

    Notification on cash account transactions (SMS or e-mail) free of charge

    Closing of account

    free of charge


    Reports

    Investment portfolio status report:


        regular in the Internetbank (monthly / quarterly)

    free of charge

        upon request

    10 EUR (per report)

    Financial instruments’ transactions report (upon request)

    10 EUR (per report)

    Precious metals’ account report (upon request)

    15 EUR (per report)

    Cash account report (upon request)

    15 EUR (per report)

    Any other report (upon request)

    100 EUR (per report)


    Other Services

    Reference

    20 EUR

    Any other references

    100 EUR

    Other services

    information available upon a request