| Legal persons |
| Opening of a Swedbank, AB (hereinafter the "Bank") account (except non-residents legal persons3) |
Free of charge |
| Documents/Data Verification fee1: |
| For Legal entities registered outside Republic of Lithuania |
EUR 300 |
| For Legal entities, out of which at least one of the founders/shareholders in ownership/control structure and/or at least one of beneficial owners is not a resident3 of Republic of Lithuania OR at least one of the participants/shareholders in ownership/control structure is a legal entity registered outside Republic of Lithuania |
EUR 300 |
| For Legal entities, who's activity falls into a list of high risk activities2 |
EUR 300 |
| Additional account opening for legal persons: |
| Using Swedbank Internet banking for Business |
Free of charge |
| At the Bank branches4 |
EUR 20 |
Note: non- cash transactions via Bank accounts can be carried out in the following currencies: AED, AUD, BGN, CAD, CHF, CNY, CZK, DKK, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD, PLN, RON, SAR, SEK, SGD, THB, TRY, USD, ZAR.
Note: transaction in EUR via Bank accounts can be carried out in cash and non-cash. |
|
Minimum daily services fee, which includes:
Maintaining a Bank account (including opening for residents and closing)
Crediting of incoming payments within Swedbank
Crediting of incoming payments in EUR from Swedbank Group banks6
Crediting of incoming payments in EUR from other banks incorporated in Lithuania
Crediting of incoming payments in EUR – [ European payments]7
|
EUR 4.50 / month5 |
| Account(s) Maintenance Fee8: |
|
| For Legal entities registered outside Republic of Lithuania and outside EU/EEA countries, but including Cyprus, Malta and Liechtenstein |
from EUR 50 / month |
| For Legal entities, out of which at least one of the participants/shareholders in ownership/control structure and/or at least one of beneficial owners is not a resident9 of EU/EEA country (except Cyprus, Malta and Liechtenstein) OR at least one of the participants/shareholders in ownership/control structure is a legal entity registered outside EU/EEA countries (except Cyprus, Malta and Liechtenstein) |
from EUR 50 / month |
| For Legal entities, who's activity falls into a list of high risk activities2 |
from EUR 50 / month |
| Account balance fee (ABF) for legal persons10 |
|
| For legal entities with account balances exceeding EUR 500 000, SEK 9 500 000, DKK 7 500 000, CHF 1 000 000 |
Central Bank11 annual interest rate (%)/ 360 days |
| For financial institutions12 with account balances exceeding EUR 500 000, SEK 9 500 000, DKK 7 500 000, CHF 1 000 000 |
Central Bank11 annual interest rate (%) minus 0.5 percentage point/ 360 days |
| Opening an account for legal persons via Bank |
| In Swedbank Group banks6 |
200 Eur |
| Fee for the verification of documents regarding accounts opened via Swedbank, AB, agreements, agreements on the provision of extra services as well as signature and stamp samples card change |
15 Eur |
Bank account-based transactions are carried out in accordance with the valid Bank’s rates of fees.
1 Fee is charged in one of these occasions: (i) before starting verification of documents/data presented, and before making the decision to start business relationship with customer (the fee charged is not refunded despite the decision made by the Bank), (ii) if after making decision to start business relationship, founders/shareholders and/or beneficial owners of customer change as described in the criterias next to „Documents/Data Verification fee“ or business activity of customer is changed to high risk activity 2 or such activity is added to customers activities.
2 High Risk Activities:
- arms production, arms trade, ammunition;
- manufacture and sale of military machinery;
- mining industry (applicable if materials are not extracted locally (for example, petroleum raw materials, uranium));
- gambling houses (casinos), organization of other gambling and / or betting activities;
- lottery organization, execution;
- currency exchange;
- payment institution / payment service provider;
- e-money institution / e-money activity;
- credit institution;
- cash collection services;
- operator of crowdfunding platform;
- operator of a mutual lending platform.
3 A resident of the Republic of Lithuania is a person holding an identity document issued by the Republic of Lithuania and whose permanent place of residence is in the Republic of Lithuania OR a person holding an identity document issued by a country other than the Republic of Lithuania, but residing in the Republic of Lithuania respectively, and who is in possession of a document issued by the Republic of Lithuania, which entitles him/her to reside in Lithuania temporarily or permanently.
4 The fee does not apply if there is no technical possibility to open an account via Swedbank internet banking.
5 The fee applies to every customer account, including those where payment transactions are restricted for KYC/AML or other reasons.
6 Swedbank Group banks:
Swedbank (SWIFT code: SWEDSESS), Sweden, Stockholm
Swedbank (SWIFT code: SWEDFIHH), Finland
Swedbank (SWIFT code: SWEDNOKK), Norway
Swedbank AS (SWIFT code: HABAEE2X), Estonia
Swedbank AS (SWIFT code: HABALV22), Latvia
7 EUR-denominated transfer from the EU Member State, Andorra, Iceland, United Kingdom, Liechtenstein, Monaco, Norway, San Marino, Switzerland and Vatican if terms are acceptable, in this case the Payee’s bank SWIFT (BIC) must be indicated; the Payee’s bank account must be indicated in IBAN format; and the payment type is designated SHA.
8 Fee applies only to legal person which the Bank informs individually 30 calendar days in advance.
9 A resident of the EU/EEA countries (except Cyprus, Malta and Liechtenstein) is defined as a person who holds an identity document issued by any EU/EEA country (except Cyprus, Malta and Liechtenstein) and who is permanently resident in any EU/EEA country (except Cyprus, Malta and Liechtenstein) OR a person, who holds an identity document issued by a state other than the EU/EEA (except Cyprus, Malta and Liechtenstein) but who resides in any EU/EEA State (except Cyprus, Malta and Liechtenstein) and who holds a document issued by those states which confers the right of temporary or permanent residence in that state.
10 The fee is calculated at the end of each calendar day if the sum of the total account balances of a single legal person or financial institution12 exceeds a specified limit in the relevant currency, multiplied by the absolute value, i.e. the modulus, of the relevant amount indicated in the table. The fee is waived if the specified central bank interest rate in the relevant currency is 0 or positive. The fee for the preceding calendar month shall be debited by the 15th day of the following calendar month in accordance with the procedure set out in the account agreement.
11 EUR – Annual percentage rate of the European Central Bank for the use of the deposit facility
SEK – Sveriges Riksbank repo rate (%)
DKK – Danmarks Nationalbank Certificates of deposit rate
CHF – Swiss National Bank negative interest rate
12 Financial institutions are undertakings (including their branches, representative offices, etc.) providing the services referred to in Article 3(1) of the Law on Financial Institutions of the Republic of Lithuania, as well as undertakings providing insurance services.
