Please be notified that the Bank has, in accordance with Clause 6 of the Terms of Standing Orders, amended the terms of the Standing Orders in respect of payments by the Bank’s private customers to the pension schemes managed by AS Hansa Atklatais Pensiju Fonds. The terms have been restated in a new wording and given a new name “Automatic Fund Investments Order (F)”. You can access these amendments – the Terms of Automatic Fund Investments Order (F) – here:

Please note some of the main amendments to the terms:

1. Where the overdraft or credit line facility has been granted to the Customer, the funds available under such overdraft or credit line facility will not be used for execution of orders for automatic investments in the pension plan, except currency exchange (see Clauses 4.4 – 4.5 of the Automatic Fund Investments Order).
2. If the Customer has allowed currency exchange in the account and has also fixed an obligatory account balance, the amount of money in the currency, in which the obligatory account balance is fixed, may be converted using other currencies in the account (see Clause 4.6 of the Automatic Fund Investments Order). The currency of the obligatory balance is the investment currency indicated in the order.

The above are just some of the amendments to the Terms of Standing Orders concerning contributions to pension schemes managed by AS Hansa Atklatais Pensiju Fonds, therefore, please be reminded that Customers, under Clause 6 of the Terms of Standing Orders, have a right and a duty to follow all changes in the Terms of Standing Orders as concerns contributions to pension schemes managed by AS Hansa Atklatais Pensiju Fonds, the changes being available at the premises of he Bank during business hours of the Bank and on the website of the Bank at http://swedbank.lv.