Cash operations

If transaction is performed in a foreign currency, the bank calculates and deducts a commission fee for the service in LVL by applying the official currency exchange rate set by the Bank of Latvia.

Service	Fees
1. Cash payout from private or salary account (incl. conversion) 1,3,6
1.1. LVL 1, 5
- Up to 4.99 LVL one customer a day	free of charge
- From LVL 5 LVL	0,2% of the sum (min. of 2.50 LVL) (for seniors, free of charge for up to 500 LVL a day)
1.2. USD and EUR 1, 2, 5	0,4 % of the sum (min. of 2,50 LVL)
1.3. Other currencies 1
- up to LVL 10,000 equivalent	0,6% of the amount (min. 10 LVL)
- in excess of LVL 10,000 equivalent with 2 days prior notification until 13:00 hours 1,2	0,5% of the sum
1.4 LVL, USD and EUR payout 1 calendar month after transfer of deposit amount to the customer's current account if the amount payable was deposited in cash or the duration of contract was 3 months or more 4,6,9	free of charge 10
1.5. Preparing cash for payout in specific denominations requested by client	1% of the sum (min. of 3 LVL) + cash withdrawal fee
1.6. Fee for prior notification - above LVL 10,000 or equivalent in EUR, USD 1,5	10 LVL + 50% of the fee for cash payout
1.7. Withdrawal of cash from account via MoneyGram transfer the same day	free of charge
2. Cash deposit to own account 6
2.1. LVL
- Up to 4.99 LVL one customer a day	free of charge
- From 5 LVL	0,30 LVL for each deposit 7 (senior citizens - free of charge)
2.2. EUR and USD	0,30 LVL for each deposit
2.3. Other currency	0,5 % of the sum (min. 0,40 LVL)
2.4. Depositing of cash from account via MoneyGram transfer the same day	free of charge
3. Cash deposit to deposit accounts and investment funds 6	free of charge 8
4. Cash deposit to other client's account 6
4.1. LVL	2 LVL for each deposit (senior citizens - 1 LVL)
4.2. EUR and USD	2 LVL for each deposit
4.3. Other currencies	0,5 % of the sum (min. 2 LVL)
5. Coin processing for depositing in an account or for exchange
5.1. Coin processing for depositing in an account *
- up to 200 pcs.	free of charge
- up to 200 pcs. a day, for every next 50 pcs.	0,25 LVL
5.2. For exchange of coins for every 50 pcs.	0,50 LVL
5.3. Verifying genuineness of LVL coins upon customer's request	0,30 LVL per coin
6. Currency exchange in cash (for every transaction)	1,50 LVL 11
7. Transfer to other bank with money paid in cash	1% of the sum (min. 3 LVL) + payment fee
8. Verifying genuineness of foreign currencies and national currency of Latvia upon customer's request	0,30 LVL per banknote
9. Cash denomination change (banknotes)	1% of the sum (min. 2.50 LVL)
10. Acceptance of damaged, dirty, bescribbled, stamp-marked, worn-out, mutilated or otherwise damaged banknotes or USD banknotes older than 1996. The bank will not accept damaged banknotes that do not meet the internal requirements of the bank or banknotes removed from circulation	5% of the sum
11. Cash payout of transfer to persons not holding an account with the bank	1% of the sum (min. 10 LVL)
12. Cash supply and collection	Contact the bank for details

Effective from 23.11.2009.

¹ If cash is ordered in advance, the fee of point 1.6 will be charged upon placing the order. The rest of the fee (50% of the fee for cash payout) will be charged upon receiving the order. If the order is not collected, the fee already charged will not be refunded.

² Over LVL 10,000 equivalents, which have not been notified of in advance (provided that the branch has sufficient amount of cash), are subject to an additional fee of 0.1% of the relevant amount.

³ The service is subject to restrictions outside normal banking hours (09:00 - 17.00 hrs on business days).

⁴ The fee for payout from deposit accounts 1 calendar month after transfer to client's account is in accordance with the current price list.

⁵ Amounts above LVL 10,000 or EUR, USD equivalant are subject to 1 day prior notification until 13:00 at any Swedbank branch. Users of remote banking services may notify cash withdrawals via Telephone banking or Swedbank Internet banking.

⁶ Foreign currency coins are not accepted and not paid out.

⁷ On the day of opening principal account - free of charge.

⁸ Deposit and investment funds opening day.

⁹ Payouts from savings accounts are free of charge on the condition that the amount, which is to be paid out, has been deposited in the savings account for at least 3 months.

¹⁰ Payouts to seniors is free of charge without being subject to any further conditions.

¹¹ At Lidosta branch, for inviduals who are not customers of Swedbank, the fee is 2.50 LVL (from 01.03.2012)

^* Fee for deposits into account will be charged separately as per Price List.