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.
| Name of service |
Internet bank |
Branch |
| 1. Securities account |
|
| 1.1. Account opening, closing, account statement of holdings/transactions |
Free of charge |
Free of charge |
| 2. Investment account (for natural persons who have an account with the Bank) 1Footnote details |
| 2.1. Maintaining Investment account (including opening and closing) |
Free of charge |
Free of charge |
| 3. Trading in equities and ETFs 2Footnote details |
| 3.1. Lithuania, Latvia and Estonia |
Free of charge |
0,35%, min EUR 10 |
| 3.2. USA, Sweden, United Kingdom (including DRs) 3Footnote details |
0,25%, min EUR 8 |
0,35%, min EUR 35 |
| 3.3. 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 |
| 3.4. Other markets |
Subject to agreement |
Subject to agreement |
| 3.5. Direct transactions on Nasdaq Tallinn, Riga, Vilnius trading venues |
Subject to agreement |
Subject to agreement |
| 3.6. Participation in auctions organized by Nasdaq Tallinn, Riga, Vilnius trading venues |
Subject to agreement |
Subject to agreement |
| 3.7. Settlement of repurchase agreement 4Footnote details |
EUR 30 |
1. Other transactions allowed by the Bank for this account, which are not mentioned in the “Securities” section of these “Rates of fees charged by Swedbank, AB for its services and operations” are charged according to the Bank’s applicable service and transaction fees. Back to content
2. 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. Back to content
3. 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. Back to content
4. Repurchase transactions available only for professional clients. Back to content
| 4. Trading in debt securities |
| 4.1. Primary market |
| 4.1.1. Participating at the domestic bonds primary auctions held by the Ministry of Finance of Lithuania at NASDAQ Vilnius |
0.02% 1Footnote details, min EUR 15 |
| 4.1.2. Transactions of other debt securities |
0.25% 1Footnote details, min EUR 30 |
| 4.2. Secondary market |
| 4.2.1 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: |
| 4.2.1.1. Face value of the transaction up to 100,000 EUR or the equivalent in other currency |
margin up to 3% 1Footnote details |
| 4.2.1.2. Face value of the transaction from 100,000 EUR or the equivalent in other currency |
margin up to 2% 1Footnote details |
| 4.2.2. Transactions of debt securities in Nasdaq Tallinn, Riga, Vilnius trading venues |
0.25% 1Footnote details, min EUR 30 |
1. Calculating from the face value of the transaction Back to content
| 5. Monthly securities safekeeping fee 1Footnote details |
| 5.1 Monthly securities safekeeping fee 2Footnote details |
Up to EUR 30 000 - free of charge, from the value above EUR 30 000, 0,008% 3Footnote details |
1. 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. Back to content
2. Lithuania, Latvia, Estonia, Austria, Belgium, Canada, Denmark, Hong Kong, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, USA, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Russia, Depositary Receipts**, Eurobonds. Back to content
3. Lithuanian Republic Government Saving Notes and “Swedbank” group Funds are excluded from the calculation of the portfolio value for safekeeping fee calculation. Back to content
| 6. Transaction fees 1Footnote details |
| 6.1. Free of payment transaction |
| 6.1.1. Between the securities accounts of the Bank’s client 2Footnote details |
EUR 3 |
| 6.1.2. Lithuania |
| 6.1.2.1 Free of payment delivery |
EUR 6 |
| 6.1.2.2. Free of payment receipt |
Free of charge |
| 6.1.3. Estonia, Latvia 3Footnote details |
EUR 10 |
| 6.1.4. Denmark, Sweden, Norway, Finland, Belgium, Canada, France, Ireland, Netherlands, UK, Germany, USA, Eurobonds 3Footnote details |
EUR 15 |
| 6.1.5. Austria, Czech Republic, Hong Kong, Hungary, Italy, Poland, Portugal, Spain, Switzerland, Investment funds 3Footnote details |
EUR 25 |
| 6.1.6. Bulgaria, Croatia, Russia 3Footnote details |
EUR 45 |
| 6.2. Against payment transaction |
| 6.2.1. Lithuania |
| 6.2.2. Estonia, Latvia 3Footnote details |
EUR 10 |
| 6.2.3. Denmark, Sweden, Norway, Finland, Belgium, Canada, France, Ireland, Netherlands, UK, Germany, USA, Eurobonds 3Footnote details |
EUR 15 |
| 6.2.4. Austria, Czech Republic, Hong Kong, Hungary, Italy, Poland, Portugal, Spain, Switzerland, Investment funds 3Footnote details |
EUR 25 |
| 6.2.5. Bulgaria, Croatia, Russia 3Footnote details |
EUR 45 |
| 6.3. Transaction cancellation 4Footnote details |
Transaction fee |
1. 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“ Back to content
2. Fee is charged from delivery transaction Back to content
3. Transaction fee includes standard settlement fees charged by the Bank’s local market agents. Back to content
4. Cancellation is allowed if instruction is not yet processed by the Bank. Back to content
| 7. Other services |
| 7.1. Registration of other transactions |
| 7.1.1. Bank’s standard OTC agreement between the securities accounts of the Bank’s clients 1Footnote details |
10 Eur |
| 7.1.2. Non-standard OTC agreement 1Footnote details |
Subject to agreement, min. EUR 50 |
| 7.1.3. Bank internal inheritance transaction between the securities accounts of the Bank’s clients 2Footnote details |
EUR 10 |
| 7.1.4. Third party broker trade confirmation |
Transaction fee |
| 7.2. Pledge |
| 7.2.1. Pledge registration or amendment 3Footnote details |
EUR 30 |
| 7.2.2. Pledge release |
Free of charge |
| 7.3. Participation in subscriptions and offers |
Transaction fee |
| 7.4. Mandatory corporate actions |
Free of charge |
| 7.5. Representing a client at general meeting 4Footnote details |
EUR 120 + actual expenses (VAT 11Footnote details is included) |
| 7.6. Processing of electronic voting instructions at general meeting 5Footnote details |
EUR 50 + actual expenses (VAT 11Footnote details is included) |
| 7.7. Other corporate actions |
Subject to agreement |
| 7.8. Changing the securities market 6Footnote details |
Subject to agreement |
| 7.9. Tax reclaim 4Footnote details, 7Footnote details |
EUR 60 + actual expenses (VAT 11Footnote details is included) |
| 7.10. Tax relief at source (Finland, Norway, Sweden) |
Free of charge |
| 7.11. Owner account at Nasdaq CSD 8Footnote details |
| 7.11.1. Account opening 9Footnote details |
EUR 50 |
| 7.11.2. Monthly account maintenance 10Footnote details |
EUR 50 |
| 7.11.3. Account closing |
Free of charge |
| 7.11.4. Account statement of holdings / transactions |
Free of charge |
1. Fees charged from both parties of the transaction if not specified otherwise. Back to content
2. 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. Back to content
3. Pledge registration based on bailiff’s instructions is free of charge. Back to content
4. Tax reclaim and general meeting services are subject to availability on each specific market. Back to content
5. Includes necessary information providing to the Client for electronic voting. Service is subject to availability on each specific market. Back to content
6. 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. Back to content
7. 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. Back to content
8. 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. Back to content
9. Owner accounts can be opened only at the branch office. Back to content
10. Maintenance fee is charged in addition to monthly securities safekeeping fee. Back to content
11. Value Added Tax. Back to content
| 8. Derivatives |
| 8.1. Over-The-Counter (OTC) FX forward and FX swap |
up to 2% from deal amount (included in currency rate) |
| 8.2. Over-The-Counter (OTC) FX option |
up to 2% from deal amount (included in premium amount) |
| 8.3. Exchange-Traded options and futures |
up to EUR 100 1Footnote details |
1. Applicable for every contract. Back to content
