Securities account

There are good reasons to open a securities account for your company

Heard about inflation? It will decrease the value of your company’s spare money.
Investing is for everybody. You can start with as little as 1 euro.
Holding a portfolio of up to 100,000 EUR is free of charge
Trading in Baltic stocks and transactions in Swedbank funds are free of charge.

How to start investing?

Apply for securities account opening at a branch.
Check if you need to register for the LEI code.

Where could I invest?

Stocks – a wide variety of Baltic, US and Western European stocks.
Investment funds – new to investing? Just choose a fund suitable for you and the investment decisions will be made by professional investment managers. Transactions with investment funds also do not require the LEI code.
Exchange-traded funds (ETF) - with just one investment, you get a basket of products: from stocks and bonds to commodities and currencies.

Where can I get advice?

Apply

Sell and purchase securities,
Effect reliable for all transactions,
View or receive securities from third parties,
Use Swedbank Securities Account for holding all publicly available securities of the Baltics and the world,
De-register or receive the shares obtained during privatisation of the company to the customer's Securities Account. It is also possible to de-register own shares to a Securities Account of another person. In such event the customer signs a de-registration application indicating that the recipient of securities is another customer of the bank,
Receive a unified Securities Account statement on all transactions performed and the status of the securities portfolio.

What’s the LEI code and what’s it for?

The LEI (Legal Entity Identifier) is an international 20-character code that is required for companies performing transactions with financial instruments. It ensures supervision of the global financial system and market transparency. The code needs to be applied for and it is issued by certified companies.

The LEI is not needed if you purchase units in Robur or other non-exchange traded investment funds. In all other transactions with financial instruments it will be required.

Choose one of the certified organizations that assign the LEI codes.
On the website of the selected organization, you’ll need to submit and confirm the required details about your company.

Normally, it takes up to five business days.

There’s a registration and annual subscription fee for the LEI code. For this reason, when choosing the LEI code issuer, we recommend considering the organization’s LEI code issuance process and the expected expenses.

The bank automatically gets information about companies included in the LEI code register once every working day. No additional notification is required.

For questions regarding financial instrument transactions, please use your preferred mode of communication:

e-mail: emir@swedbank.lv
phone: 6744 4141

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. Bonds are priced at nominal value. Fees are debited on the 20th or later date of the following month from the Client’s cash account linked to the securities account.
If Client only holds securities of Estonian, Latvian or Lithuanian companies under liquidation or bankruptcy proceedings according to the Nasdaq CSD SE data, no safekeeping fee is charged.
ETF safekeeping fee equals to the safekeeping fee of its trading country.
Safekeeping of Depositary Receipts (ADR, GDR) is subject to the respective DR Agent’s fees in addition to safekeeping fees.
Monthly minimum safekeeping fee is applied for each global market and for each security type for Latvian market.

Tax relief at source / tax reclaim and general meeting services are subject to availability on each specific market.
Maintenance fee of an owner account is charged in addition to monthly securities safekeeping fee. Owner account is an account in the name of the Client opened at Nasdaq CSD SE and used only on behalf of the specific Client.
Owner account at Nasdaq CSD SE may be opened only at the branch office.

Further information on securities accounts and transactions and payable and paid charges is available from the Bank.
If the Bank is obliged to pay taxes, fees, interest, penalties or incur other costs (that are not covered in the Bank’s price list below) for the provision of securities safekeeping and transaction services to the Client, the Bank shall have the right to debit such amounts from the Client’s Cash Account without Client consent.

Service	Price, EUR
Receiving
Account opening	4.50 Securities accounts for legal persons can be opened only at branch office
Account statements
Statement of holdings	0.00-7.00 Via Internet Banking - Free of charge At branches – 7.00
Statement of transaction	0.00-7.00 Via Internet Banking - Free of charge At branches – 7.00
Monthly Securities Safekeeping Fees options
	Monthly safekeeping Fee	Monthly Minimum per market
Latvia
Latvia - Government debt securities	0.0025%	min. 1.00
Latvia - other debt securities	0.0075%	min. 1.00
Latvia - shares, investment funds, rights, privatization certificates	0.015%	min. 1.00
Other countries
Estonia, Lithuania	0.008%	min. 1.00
Eurobonds	0.01%	min. 1.00
Czech Republic, Hungary, Poland	0.025%	min. 1.00
Austria, Belgium, Canada, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, USA, Depositary Receipts (ADR, GDR)	0.015%	min. 1.00
Russia	0.04%	min. 30.00
Other countries	Subject to agreement
Swedbank Group funds	Free of charge
Other investment funds	0.015%	min. 1.00
Other services options
Owner account opening at Nasdaq CSD SE	50.00
Owner account monthly account maintenance	50.00
Tax relief at source / tax reclaim	Subject to agreement
Participation in general shareholder’s meeting	Subject to agreement
Closing
All securities account types	Free of charge
Transactions with securities	See Securities and Other Exchange-traded financial instruments
Transactions with investment fund units	See Investment Funds

Service	Price, EUR
Receiving
Account opening	4.50 Securities accounts for legal persons can be opened only at branch office
Account statements
Statement of holdings	0.00-7.00 Via Internet Banking - Free of charge At branches – 7.00
Statement of transaction	0.00-7.00 Via Internet Banking - Free of charge At branches – 7.00
Monthly Securities Safekeeping Fees options
Swedbank Group funds	Free of charge
Baltic securities	Free of charge
Other investment funds, equities and bonds*
- Up to 100 000 EUR**	Free of charge
- From the value above 100 000 EUR**	0.008%
* Securities registered in Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, UK, USA and Depositary Receipts (ADR, GDR), Eurobonds. ** Swedbank Group Funds and Baltic securities are excluded from the calculation of the portfolio value for safekeeping fee calculation.
Other countries	Subject to agreement
Other services options
Owner account opening at Nasdaq CSD SE	50.00
Owner account monthly account maintenance	50.00
Tax relief at source / tax reclaim	Subject to agreement
Participation in general shareholder’s meeting	Subject to agreement
Closing
All securities account types	Free of charge
Transactions with securities	See Securities and Other Exchange-traded financial instruments
Transactions with investment fund units	See Investment Funds

Effective from 09.12.2019.

Effective from 01.04.2023.

The Customer, by entering into this Agreement, confirms that:

has read and agrees to the Terms of Securities Account/Brokerage Agreement;
has read and agrees to the Order Execution Policy;
has read the Guide for Transactions in Financial Instruments;
agrees that the Bank is entitled to execute Customer’s orders outside regulated markets and outside the multilateral trading facility;
The Client is not a resident of the USA.

Extra security for the employees, prestige and tax benefits for the company.