If “Swedbank”, AB (hereinafter the Bank) is obliged to pay any taxes, fees, interest, penalties or incur other costs that are not covered in the Bank’s Price List and are related to the provision of securities safekeeping, execution and any other relevant service to the Client, the Bank shall have the right to debit such amounts from the Client’s Current Account without prior Client’s consent. The Bank shall provide additional information about such debits and the underlying costs to the Client upon request.
|
Internet bank |
Branch |
| 1. Securities account |
|
| 1.1. Account opening |
Free of charge |
Free of charge |
| 1.2. Account closing |
Free of charge |
Free of charge |
| 1.3. Account statement of holdings / transactions |
Free of charge |
Free of charge |
| 2. Trading in equities and ETFs * |
|
Internet bank |
At branch / via brokerage |
| 2.1. Lithuania, Latvia and Estonia |
Free of charge |
0,35%, min EUR 10 |
| 2.2. USA, Sweden, United Kingdom (including DRs)** |
0,25%, min EUR 8 |
0,35%, min EUR 35 |
| 2.3. Austria, Belgium, Canada, Denmark, Finland, France, Germany (Xetra), Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Switzerland |
0,25%, min EUR 11 |
0,35%, min EUR 35 |
| 2.4. Other markets |
Subject to agreement |
Subject to agreement |
| 2.5. Direct transactions on Nasdaq Tallinn, Riga, Vilnius trading venues |
Subject to agreement |
Subject to agreement |
| 2.6. Participation in auctions organized by Nasdaq Tallinn, Riga, Vilnius trading venues |
Subject to agreement |
Subject to agreement |
| 2.7. Settlement of repurchase agreement*** |
EUR 30 |
* Percentage fees calculated from trade amount.
Trading fee is charged in trading currency, the Bank exchange rates apply.
Minimum order size may be applied for certain countries.
Trading orders transmitted to the Bank can be cancelled only until executed.
In case the order is not executed in full during a single trading day, the trading fee (including minimum trading fee) for partial order execution is charged in full for each trading day when the order is partially executed.
Exchange traded funds (ETFs) are treated as shares.
If purchase transactions are subject to FTT according to local market regulations (e.g. France, Italy), such tax is added to the transaction charges.
** A stamp duty of 0,5% of transaction amount on buying UK securities and 1% on buying Irish securities is added to the transaction charges. In certain events, a higher rate (1,5%), a bonus rate or tax exemption may apply for UK securities.
*** Repurchase transactions available only for professional clients.
| 3. Trading in debt securities |
| 3.1. Primary market |
| 3.1.1. Participating at the domestic bonds primary auctions held by the Ministry of Finance of Lithuania at NASDAQ Vilnius |
0.02%*, min EUR 15 |
| 3.1.2. Transactions of other debt securities |
0.25%*, min EUR 30 |
| 3.2. Secondary market |
| 3.2.1 Transactions of debt securities (excluding Nasdaq Tallinn, Riga, Vilnius trading venues) - all transaction fees, incl. transaction margin, are included in the agreed purchase/sales price: |
| 3.2.1.1. Face value of the transaction up to 100,000 EUR or the equivalent in other currency |
margin up to 3%* |
| 3.2.1.2. Face value of the transaction from 100,000 EUR or the equivalent in other currency |
margin up to 2%* |
| 3.2.2. Transactions of debt securities in Nasdaq Tallinn, Riga, Vilnius trading venues |
0.25%*, min EUR 30 |
* Calculating from the face value of the transaction
| 4. Monthly securities safekeeping fee* |
| 4.1. Lithuania |
Up to EUR 150 000 0,006%
Over EUR 150 000 up to EUR 300 000 0,005%
Over EUR 300 000 0,004%
|
| 4.2. Latvia, Estonia |
0,007% |
| 4.3. Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, USA, Depositary Receipts |
0,013% |
| 4.4. Bulgaria, Croatia, Czech Republic, Hungary, Poland |
0,03% |
| 4.5. Eurobonds |
0,008% |
| 4.6. Russia |
0,07% |
| 4.7. Minimum safekeeping fee** |
EUR 0,5 |
* Safekeeping fee is calculated based on the value of the portfolio on the last date of the calendar month. Securities are priced according to the month end prices of the Bank’s local agents, market price or nominal value of the security. Bonds are always priced at nominal value. The safekeeping fees are debited from the Client’s current account linked to the securities account.
ETF safekeeping fee equals to the safekeeping fee of its trading country.
Safekeeping on other markets subject to separate agreement.
Safekeeping fee includes safekeeping fees charged by the Bank’s local market agents
Safekeeping of Depositary Receipts (ADR, GDR) is subject to the respective DR Agent’s fees.
** Monthly minimum safekeeping fee is per securities accounts and charged only for accounts with holdings if total monthly account fee is below minimum.
| 5. Transaction fees* |
| 5.1. Free of payment transaction |
| 5.1.1. Between the securities accounts of the Bank’s client** |
EUR 3 |
| 5.1.2. Lithuania |
| 5.1.2.1 Free of payment delivery |
EUR 6 |
| 5.1.2.2. Free of payment receipt |
Free of charge |
| 5.1.3. Estonia, Latvia*** |
EUR 10 |
| 5.1.4. Denmark, Sweden, Norway, Finland, Belgium, Canada, France, Ireland, Netherlands, UK, Germany, USA, Eurobonds*** |
EUR 15 |
| 5.1.5. Austria, Czech Republic, Hong Kong, Hungary, Italy, Poland, Portugal, Spain, Switzerland, Investment funds*** |
EUR 25 |
| 5.1.6. Bulgaria, Croatia, Russia*** |
EUR 45 |
| 5.2. Against payment transaction |
| 5.2.1. Lithuania |
| 5.2.2. Estonia, Latvia*** |
EUR 10 |
| 5.2.3. Denmark, Sweden, Norway, Finland, Belgium, Canada, France, Ireland, Netherlands, UK, Germany, USA, Eurobonds*** |
EUR 15 |
| 5.2.4. Austria, Czech Republic, Hong Kong, Hungary, Italy, Poland, Portugal, Spain, Switzerland, Investment funds*** |
EUR 25 |
| 5.2.5. Bulgaria, Croatia, Russia*** |
EUR 45 |
| 5.3. Transaction cancellation**** |
Transaction fee |
* Fees charged from both parties of the transaction if not specified otherwise.
For investment fund units’ trading, please see „Investment Fund Units’ Trading and Safekeeping“
** Fee is charged from delivery transaction
*** Transaction fee includes standard settlement fees charged by the Bank’s local market agents.
**** Cancellation is allowed if instruction is not yet processed by the Bank.
| 6. Other services |
| 6.1. Registration of other transactions |
| 6.1.1. Bank’s standard OTC agreement between the securities accounts of the Bank’s clients* |
10 Eur |
| 6.1.2. Non-standard OTC agreement* |
Subject to agreement, min. EUR 50 |
| 6.1.3. Bank internal inheritance transaction between the securities accounts of the Bank’s clients** |
EUR 10 |
| 6.1.4. Third party broker trade confirmation |
Transaction fee |
| 6.2. Pledge |
| 6.2.1. Pledge registration or amendment*** |
EUR 30 |
| 6.2.2. Pledge release |
Free of charge |
| 6.3. Participation in subscriptions and offers |
Transaction fee |
| 6.4. Mandatory corporate actions |
Free of charge |
| 6.5. Representing a client at general meeting**** |
EUR 120 + actual expenses |
| 6.6. Processing of electronic voting instructions at general meeting***** |
EUR 50 + actual expenses |
| 6.7. Other corporate actions |
Subject to agreement |
| 6.8. Changing the securities market****** |
Subject to agreement |
| 6.9. Tax reclaim****,******* |
EUR 60 + actual expenses |
| 6.10. Tax relief at source (Finland, Norway, Sweden) |
Free of charge |
| 6.11. Owner account at Nasdaq CSD******** |
| 6.11.1. Account opening********* |
EUR 50 |
| 6.11.2. Monthly account maintenance********** |
EUR 50 |
| 6.11.3. Account closing |
Free of charge |
| 6.11.4. Account statement of holdings / transactions |
Free of charge |
* Fees charged from both parties of the transaction if not specified otherwise.
** In case of inheritance of securities, fee charged only from the beneficiary. Free of payment transaction fee applies additionally, in case securities delivered/received to/from another custodian.
*** Pledge registration based on bailiff’s instructions is free of charge.
**** Tax reclaim and general meeting services are subject to availability on each specific market.
***** Includes necessary information providing to the Client for electronic voting. Service is subject to availability on each specific market.
****** Service is provided in case when trading or safekeeping in specific market is not available anymore. Service is subject to availability on each specific market.
******* Fee will be debited next month after the tax reclaim application is submitted by the client. The fee will not be refunded in case the application is denied by third parties.
******** Owner account is an account in the name of the Client opened at Nasdaq CSD, Lithuania and used only on behalf of the specific Client.
********* Owner accounts can be opened only at the branch office.
********** Maintenance fee is charged in addition to monthly securities safekeeping fee.
| 7. Derivatives |
| 7.1. Over-The-Counter (OTC) FX forward and FX swap |
up to 2% from deal amount (included in currency rate) |
| 7.2. Over-The-Counter (OTC) FX option |
up to 2% from deal amount (included in premium amount) |
| 7.3. Exchange-Traded options and futures |
up to EUR 100 * |
*Applicable for every contract.
