Pricelist

Daily Banking

• Accounts

  • Current account

    Current account

    Product/Service		Price, EUR
    Applying
    For legal persons, incl. sole proprietors and farms
    Opening account	In Internet Banking - free of charge	10.00 “Alfa”, “Domina”, “Spice”, “Centrs”, “Akropole”, “Rīga Plaza” and all branches outside of Riga.
    Opening an additional account at branch	In Internet Banking - free of charge	20.00 Opening an additional account at branch free of charge if technically it`s not possible to open it remotely.
    Business Package: - Current account - Business Debit Card - Business Internet Banking - Log-in tools: Smart-ID - SMS Banking and Telephone Banking	In Internet Banking - free of charge	10.00 “Alfa”, “Domina”, “Spice”, “Centrs”, “Akropole”, “Rīga Plaza” and all branches outside of Riga.
    Opening account in Swedbank group countries		200.00	The decision on account opening (or not opening) is made at Swedbank Group level. Each company’s application is dealt with separately. The average application processing time is 6-12 months.
    First-time document inspection* * For companies registered outside Latvia or for companies registered in Latvia whose management board or owner or beneficial owner structure comprises a person from abroad. * For providers of lending services, payment institutions, electronic money institutions and credit institutions, as well as customers which carry out banking activities outside a regulated framework according to Article 395 (2) of Regulation (EU) 575/2013.		300.00
    Using
    Account maintenance a month		0.00 - 3.56 Account maintenance monthly fee: - Standard - 3.56 - Newly created companies that open an account within 12 months of registering the company, first 6 months - 0,00
    Customer/Customer groups monthly service fee *Price depends on costs incurred by Bank to carry out enhanced monitoring measures for each company/group of companies individually. Bank informs the customer about the applicable price 30 days in advance.		35.00 - 500.00* options The monthly fee is applied for company/company group, that represent high risk countries, complex ownership structures, specific high-risk business areas and/or in any other mean entail extended due diligence measures: company registered in Malta, Lichtenstein, Cyprus or outside the EEA; company/company group has at least one natural person (shareholder / beneficial owner) in its ownership structure, whose identification document is issued by Malta, Lichtenstein, Cyprus or outside the EEA and who qualifies as non-resident** in the Republic of Latvia; company/company group has at least one legal entity in its ownership structure, that is registered in Malta, Lichtenstein, Cyprus or is outside the EEA; company/company group is performing any of the following economic activities: gambling houses (casinos), organization of other gambling and/or betting activities; production and trade of arms and ammunition; currency exchange; cash collection services; mining industry and quarry works. Other criteria (e.g., transactions with partners from high-risk countries, cash transactions, etc.) that require extended due diligence measures. ** Person who does not possess a passport/ID card or any other identification document issued by the Republic of Latvia.
    Fee for credit balance exceeding options The fee is calculated on a daily basis for the total amount of funds in the customer’s accounts (except accounts linked to the cash pool account) in excess of the limits set for the respective currency, multiplied by the central bank’s rate and divided by the number of days (360). The fee is not applied if the central bank has set a deposit rate which is equivalent to 0 or is positive for the respective currency. Example. If the total balance of the current account at the end of the day is 400,000 EUR and the ECB rate is -0.5%, then the fee for account balance on the given day is 400,000 – 300,000 = 100,000 * 0.5% / 360 = 1.39 EUR. The fee is charged by the 15th date of every month for the preceding month. The EUR limit set in the price list is raised but in any event not more than up to 10,000,000 EUR (ten million euros), adding to the limit set in the price list any outstanding loans (incl. drawn credit facility limits) and leases issued to the customer by Swedbank Latvia and any received and outstanding factoring limits. The limit is only raised for financing agreements where the base rate (EURIBOR) is set at no less than 0 and is not raised for fixed-rate financing agreements.
    - EUR 300 000		ECB rate
    - CHF 100 000		Swiss National Bank rate
    - DKK 750 000		Danmarks Nationalbank's rate
    - JPY 10 000 000		Bank of Japan rate
    Fee for unauthorized debit balance		0% per annum Fee is cancelled from 25.07.2019
    Change in signatory powers		10.00	For any change in signatory powers except cases when signatory powers are only canceled.
    Serving based on power of attorney	Only at Branches	12.00 + VAT	Documentation verification fee applicable for each verification
    Closing
    Closing account		Free of charge
    Fee for handling of funds remaining in account for a customer with whom the bank has terminated business relationship* * The fee is charged once from the total balance of funds that the customer has not transferred to other credit institution within the specified timeframe.		Up to 200.00

    Effective from 01.08.2021

  • Escrow account

    Escrow account

    Product/Service	Price, EUR
    Applying
    Opening account	Easy via Internet Banking	Account opening, includes drawing up of agreement. Standard turnaround - within 3 business day. On urgent basis - within 24 hours.
    - on standard terms of agreement	Min. 100 Standard turnaround - 0,4% of the amount, min. 100,00 On urgent basis - 0,6% of the amount, min. 200,00
    - on non-standard terms of agreement	Agreed on case-by-case basis, min. 200,00 Standard turnaround - min. 200,00 On urgent basis - min. 500,00
    Setting up escrow account additionally in a foreign language	Agreed on case-by-case basis, min. 100,00 On standard terms of agreement - 100,00 On non-standard terms of agreement - agreed on case-by-case basis, min. 100,00	English or Russian.
    Verification of documents issued outside Latvia (ID, passport, business supporting documents, etc.)	200,00 The fee is collected in advance and may be increased in some cases
    Checking of powers of attorney issued by other institutions	See Current account
    Using
    Servicing account	0,00 - 150,00 Standard turnaround - 0,00 On urgent basis - 150,00	Documentation verification and payment execution. Standard turnaround - within 3 business day. On urgent basis - within 24 hours. for payments in foreign currency and/or other bank outside EEA, a fee will be charged see Payments in foreign currency.
    Changes
    - in terms of the escrow account agreement	50,00
    - in non-standard terms of the escrow account agreement	Agreed on case-by-case basis, min 70,00
    Informing customers	Free of charge	Information on escrow account balance and transactions.
    Closing
    Closing account	Free of charge

    Effective from 01.10.2016.

  • Cash Pool account

    Cash Pool account

    Product/Service	Price, EUR
    Applying
    Opening account	200.00
    Using
    Fee for credit balance exceeding options The fee is calculated on a daily basis for the total amount of funds in the customer’s cash pool account that is above the limits set for the respective currency, multiplied by the central bank’s rate and divided by the number of days (360). The fee is not applied if the central bank has set a deposit rate which is equivalent to 0 or is positive for the respective currency. Example. If the total balance of the cash pool account at the end of the day is 400,000 EUR and the ECB rate is -0.5%, then the fee for account balance on the given day is 400,000 – 300,000 = 100,000 * 0.5% / 360 = 1.39 EUR The fee is charged by the 15th date of every month for the preceding month. The EUR limit set in the price list is raised but in any event not more than up to 10,000,000 EUR (ten million euros), adding to the limit set in the price list the drawn limit of the Group’s credit facility made available to the customer (only the parent company) by Swedbank Latvia. The limit is only raised for financing agreements where the base rate (EURIBOR) is set at no less than 0 and is not raised for fixed-rate financing agreements.
    - EUR 300 000 - CHF 100 000 - DKK 750 000 - JPY 10 000 000	ECB rate Swiss National Bank rate Danmarks Nationalbank's rate Bank of Japan rate
    Annual fee	Min. 200.00 Depending on structure. Sub-group / second cash pool account - 200,00.
    Group member's monthly fee	15.00
    Contractual amendments	25.00
    Closing
    Closing account	Free of charge

    Effective from 01.08.2021

  • Temporary account

    Temporary account

    Product/Service		Price, EUR
    Applying
    Opening of Temporary account	Easy via internet banking	Free of charge
    Using
    Monthly fee		3,56
    A deposit into the temporary account		See Cash operations
    A withdrawal from the temporary account		See Cash operations
    Closing
    Closing account		Free of charge

    Effective from 01.07.2018

  • Securities account
    • 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.

    Securities account

    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

    Effective from 09.12.2019.

• Cards

  • Business debit card

    Business debit card

    Product/Service		Price, EUR
    Ordering and issuance
    New or replaced card Also in cases when the card is lost, stolen, or damaged. Automated fee upon card activation.		6,00
    Renewed card Issuance of the new card after validity period of previous card was expired is free of charge.		Free of charge
    Urgently produced card		41,00	Expedited card production and delivery can be ordered at a branch or by calling the Phonebank's number on 67 444 444. Ordering card on working days till 13:30, production and delivery of card to branches 'Ķīpsala' (Riga, Balasta dambis 15) and 'Spice' (Rīga, Jaunmoku street 13 (t/c 'Spice Home')) within 4 business hours. Card delivery to branches outside of Riga next business day.
    Receiving
    By post		Free of charge
    At a branch		6,00
    Using
    Monthly fee		2,00	The card's monthly fee will be automaticaly debited from account in the begin of every month.
    Card purchases in Latvia and abroad		Free of charge
    Currency exchange markup		2,95%	The fee is charged if the transaction (purchase or cash withdrawal) is made in a currency other than the card currency.Information on current Exchange Rates available on International Card Organization websites www.mastercard.com and www.visaeurope.com
    Cash operations		See Cash transactions via ATMs and Retail outlets
    Changes in Card Agreement (incl. change in limits, permitted services, card delivery method)	Easier via Internet Banking	6,00
    Card claim processing		Free of charge	If processing of the claim involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.
    Checking the account balance:
    - In ATMs of Swedbank in Latvia		Free of charge
    - In other banks' cash machines in Latvia and worldwide		0,40
    Printout of last 5 card transactions at Swedbank ATMs in Latvia		0,20
    Changing and unblocking the card's PIN in Swedbank ATMs in Latvia		Free of charge	In case of entering PIN incorrectly three consecutive times in a POS terminal.
    Closing
    Closing the card	Easier via Internet Banking	Free of charge

    Default card limits	Limits, EUR
    Purchases	1400
    For cash withdrawals	1400
    For cash deposits	15000
    On paying bills via ATM	700

    Effective from 19.08.2020.

  • Business credit cards

    Business credit cards

    Product/Service		Price, EUR
    		Business credit card	Business Gold credit card
    Ordering and issuance
    New or replaced card Also in cases when the card is lost, stolen, or damaged. Automated fee upon card activation.		6.00	10.00
    Renewed card Issuance of the new card after validity period of previous card was expired is free of charge.		Free of charge	Free of charge
    Urgently produced card		41.00	45.00	Expedited card production and delivery can be ordered at a branch or by calling the Phonebank's number on 67 444 444. Ordering card on working days till 13:30, production and delivery of card to branches 'Ķīpsala' (Riga, Balasta dambis 15) and 'Spice' (Rīga, Jaunmoku street 13 (t/c 'Spice Home')) within 4 business hours. Card delivery to branches outside of Riga next business day.
    Receiving
    By post		0.00	0.00
    At branch		6.00 In force from 01.01.2022	6.00 In force from 01.01.2022
    Using
    Monthly fee		4.00	10.00	The card's monthly fee will be automaticaly debited from account in the begin of every month.
    Card purchases in Latvia and abroad		Free of charge	Free of charge
    Zero-interest period		Until following month's 1st date	Until following month's 10th date	Interest-free period applicable only to card purchases, not cash withdrawals and transfers.
    Currency exchange markup		2.95%	2.95%	The fee is charged if the transaction is made in a currency other than the card currency. Information on current Exchange Rates available on International Card Organization websites www.mastercard.com and www.visaeurope.com
    Funds transfer from credit card limit account		See Payments	See Payments	Equal to payments from current account
    Cash operations		See Cash transactions via ATMs and Retail outlets	See Cash transactions via ATMs and Retail outlets
    Annual rate of interest on amount spent		18%	14%	Rate will be applied taking into account the zero-interest period for purchases.
    Exceeding the credit limit and using credit limit not repaid on time		60% of the amount exceeded annually	60% of the amount exceeded annually
    Travel Insurance		--	Free of charge	Travel insurance is offered to Business Gold credit cards. The insured risks.
    Priority Pass				Priority Pass card is offered together with the Business Gold credit card (issued before 24.09.2020.) and for a separate charge gives access to more than 900 special lounges at airports worldwide. Each lounge visit is billed in EUR. The bank causes the payment for use of the Priority Pass to be made by debiting the necessary funds from the customer’s Swedbank account linked to their credit card. The bank does not deal with any claims regarding the Priority Pass service and customer must lodge any such complaints directly to Priority Pass Ltd. Find out more on www.prioritypass.com
    - Membership fee		--	Free of charge
    - Lounge visit (per person)		--	28.00 Fee for one, single visit.
    Lounge Key (from 24.09.2020)				Lounge Key is offered together with the Business Gold credit card (issued starting from 24.09.2020.) and for a separate charge unlocks access to special lounges at over 1000 airports worldwide. Find out more on LoungeKey.com or the mobile app. Each lounge visit is billed in EUR. The bank causes the payment for use of the Lounge Key to be made by debiting the necessary funds from the customer’s Swedbank credit card account. The bank does not deal with any claims regarding the Lounge Key service and customer must lodge any such complaints directly to Lounge Key Ltd. Find out more on Lounge Key Ltd.
    - Membership fee		--	Free of charge
    - Lounge visit (per person)		--	28.00 Also available for a person visiting the lounge together with the Business Gold credit card holder. The list of airport lounges included in the LoungeKey programme is available on the website www.loungekey.com
    Changes in Card Agreement (incl. change in limits, permitted services, card delivery method)	Easier via Internet Banking	6.00	6.00	Exception - change in card servicing account and granted credit limit at a branch is free of charge.
    Card claim processing		Free of charge	Free of charge	If processing of the claim involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.
    Checking the account balance:
    - In ATMs of Swedbank in Latvia		Free of charge	Free of charge
    - In other banks' cash machines in Latvia and worldwide		0.40	0.40
    Printout of last 5 card transactions at Swedbank ATMs in Latvia		0.20	0.20
    Changing and unblocking the card's PIN in Swedbank ATMs in Latvia		Free of charge	Free of charge	In case of entering PIN incorrectly three consecutive times in a POS terminal.
    Closing
    Closing the card		Free of charge	Free of charge

    Default card limits

    	Limits, EUR
    	Visa Business credit card	Visa Business Gold credit card
    Purchases	1400	1400
    For cash withdrawals	1400	1400
    For cash deposits	15000	15000

    Effective from 01.08.2021

  • Cards, which are no longer issued to customers

    Visa Business USD

    Product/Service		Price, EUR
    Ordering and issuance
    New or replaced card		6,00
    Renewed card		Free of charge
    Urgently produced card		41,00
    Receiving
    By post		0,00
    At a branch		6,00
    Using
    Monthly fee		4,00
    Card purchases in Latvia and abroad		Free of charge
    Currency exchange markup		2,95%
    Cash operations		See Cash transactions via ATMs and Retail outlets
    Changes in Card Agreement (incl. change in limits, permitted services, card delivery method)		6,00 (Easier via Internet Banking)
    Card claim processing		Free of charge
    Checking the account balance:
    - In ATMs of Swedbank in Latvia		Free of charge
    - In other banks' cash machines in Latvia and worldwide		USD 0,40
    Printout of last 5 card transactions at Swedbank ATMs in Latvia		USD 0,20
    Changing and unblocking the card's PIN in Swedbank ATMs in Latvia		Free of charge
    Closing
    Closing the card		Free of charge

    Default card limits

    	Limits, USD
    Purchases	2000
    For cash withdrawals	2000
    For cash deposits	10000
    On paying bills via ATM	-

    Effective from 01.08.2018.

• Payments

  • Payments in EUR

    Payments in EUR

    Service	Payment submission type and time	Price, EUR
    		via Internet Banking		via Branch/Telephone Banking
    		Shared
    		Active Tariff	Basic Tariff
    Intra-bank payments
    To own Swedbank account in Latvia	Immediately	Free of charge	Free of charge	3.00
    To other person's Swedbank account in Latvia	Immediately	Free of charge	0.21	3.00
    European payments*
    To other bank in Latvia or to the European payments area countries	Economy Delivery of funds to beneficiary bank or intermediary bank on the same business day as when the bank has accepted the customer’s order. 16:00	0.36	0.57	4.00
    	Express Delivery of funds to beneficiary bank or intermediary bank on the same business day, within an hour after the bank has accepted the customer’s order. 17:30	15.00	20.00	20.00
    To an account at Swedbank Group Payments to Estonia, Lithuania, Sweden, Denmark, Finland, Norway.	Economy 17:30	0.36	0.57	4.00
    International payments
    		Shared/Payer	Shared/Payer	Shared/Payer
    		Active Tariff	Basic Tariff
    To other bank outside the European payments area countries (and European payments if beneficiary’s IBAN is not specified)	Economy The money will be delivered to the beneficiary bank after two business days, as from the moment when the bank has accepted the customer's order. Unrestricted	12.00/23.00	15.00/27.00	15.00/27.00
    	Standard The money will be delivered to the beneficiary bank on the next business day, as from the moment when the bank has accepted the customer's order. 16:00	15.00/ 27.00	20.00/ 30.00	20.00/ 30.00
    	Express The money will be delivered to the beneficiary bank on the same business day, as from the moment when the bank has accepted the customer's order. 14:00	22.00/ 43.00	30.00/ 50.00	30.00/ 50.00

    Payment submission time - the latest when payment of this type may be submitted. If the payment is submitted after this time, one more business day will be added to the execution time of the payment. If submission time is not indicated, the payment may be submitted during business hours of the particular branch / sub-branch or remote banking channel.

    Shared - one of the two commission paying options selected by the customer when making a payment; the charge includes Swedbank's commissions only; any other payment-related charges (of correspondent bank or beneficiary bank) are payable by the beneficiary (payee). The bank will transfer the payment to the correspondent bank or the beneficiary bank with a note "SHA" in the corresponding S.W.I.F.T. message field "Details of Charges". The payment will be credited to the beneficiary's account by the beneficiary bank after deduction of all charges, if any, from the payment amount.

    Payer - the payer undertakes to cover all costs associated with the payment, including any extra fees charged by the banks involved in execution of the payment. The Bank is entitled to debit them from the Customer’s Account without any additional approval by the Customer. The Bank assumes no responsibility for non-compliance, by any of the banks involved (correspondent bank or beneficiary bank), with the Bank’s instructions or for not receiving the full amount of the payment due to other reasons beyond the control of the Bank.

    *European payments or SEPA (Single Euro Payments Area) - euro payments to a European bank (bank, that is located in EU member states and in United Kingdom, Andorra, Gibraltar, Iceland, Liechtenstein, San Marino, Monaco, Norway, Switzerland and Vatican (Holy See).

    Effective from 01.08.2021

  • Payments in Foreign Currency

    Payments in Foreign Currency

    • To own or other person's account at Swedbank Latvia
    • To other bank in Latvia or to the European payments* area countries
    • To other bank outside the European payments* area countries
    • To an account at Swedbank Group

    
    

    To own or other person's account at Swedbank Latvia

    Service	Payment execution mode	Price, EUR
    		via Internet Banking	via Branch/Telephone Banking
    		Active Tariff/Basic Tariff
    To own Swedbank account in Latvia
    All foreign currencies	Immediate	Free of charge	3,00
    To other person's Swedbank account in Latvia
    All foreign currencies	Immediate	Free of charge/ 0.21	3.00

    Payment submission time - the latest when payment of this type may be submitted. If the payment is submitted after this time, one more business day will be added to the execution time of the payment. If submission time is not indicated, the payment may be submitted during business hours of the particular branch / sub-branch or remote banking channel.

    Effective from 01.08.2021

    To other bank in Latvia or to the European payments* area countries

    The permitted fee type is “Shared” or “SHA”, except to the United Kingdom or Switzerland where the permitted fee type is “Shared/Payer” or “SHA/OUR”. The fee in case of “Payer” or “OUR” is specified in the Price List in the section “Payments in Foreign Currency” > “To other bank outside the European payments area countries”.

    Payment submission type	Currency	Payment submission time	Price, EUR
    			via Internet Banking	via Branch/Telephone Banking
    			Active Tariff/ Basic Tariff
    To other bank in Latvia or to the European payments* area countries
    Economy Delivery of funds to beneficiary bank or intermediary bank 2 business days after the bank has accepted the customer’s order.	All foreign currencies	Unrestricted (AED, ILS, INR, BGN, BYN till 14:00)	12.00/ 15.00	15.00
    Standard Delivery of funds to beneficiary bank or intermediary bank the next business day after the bank has accepted the customer’s order.	USD	16:00	15.00/ 20.00	20.00
    	CZK, DKK, GBP, HUF, NOK, PLN, RON, SEK, AUD, CAD,CHF, CNY, HKD, HRK, JPY, MXN, NZD, RUB, SGD, THB, TRY, ZAR	14:00
    	BYN	11:30
    Express Delivery of funds to beneficiary bank or intermediary bank on the same business day as when the bank has accepted the customer’s order.	USD	15:00	22.00/ 30.00	30.00
    	GBP, SEK	12:30
    	RUB	10:30

    * European payments or SEPA (Single Euro Payment Area) - payments in euro currency to a European bank (banks located in an EU member state and the United Kingdom, Andorra, Gibraltar, Iceland, Lichtenstein, San Marino, Monaco, Norway, Switzerland and the Vatican (Holy See).

    Payment submission time - the latest when payment of this type may be submitted. If the payment is submitted after this time, one more business day will be added to the execution time of the payment. If submission time is not indicated, the payment may be submitted during business hours of the particular branch / sub-branch or remote banking channel.

    Effective from 01.08.2021

    To other bank outside the European payments* area countries

    Payment submission type	Currency	Payment submission time	Price, EUR
    			via Internet Banking	via Branch/Telephone Banking
    			Shared/Payer	Shared/Payer
    			Active Tariff	Basic Tariff
    To other bank in Latvia or to the European payments* area countries
    Economy Delivery of funds to beneficiary bank or intermediary bank 2 business days after the bank has accepted the customer’s order.	All foreign currencies	Unrestricted (AED, ILS, INR, BGN, BYN till 14:00)	12.00/ 23.00	15.00/ 27.00
    Standard Delivery of funds to beneficiary bank or intermediary bank the next business day after the bank has accepted the customer’s order.	USD	16:00	15.00/ 27.00	20.00/ 30.00
    	CZK, DKK, GBP, HUF, NOK, PLN, RON, SEK, AUD, CAD,CHF, CNY, HKD, HRK, JPY, MXN, NZD, RUB, SGD, THB, TRY, ZAR	14:00
    	BYN	11:30
    Express Delivery of funds to beneficiary bank or intermediary bank on the same business day as when the bank has accepted the customer’s order.	USD	15:00	22.00/ 43.00	30.00/ 50.00
    	GBP, SEK	12:30
    	RUB	10:30

    * European payments or SEPA (Single Euro Payment Area) - payments in euro currency to a European bank (banks located in an EU member state and the United Kingdom, Andorra, Gibraltar, Iceland, Lichtenstein, San Marino, Monaco, Norway, Switzerland and the Vatican (Holy See).

    Payment submission time - the latest when payment of this type may be submitted. If the payment is submitted after this time, one more business day will be added to the execution time of the payment. If submission time is not indicated, the payment may be submitted during business hours of the particular branch / sub-branch or remote banking channel.

    Shared - one of the two commission paying options selected by the customer when making a payment; the charge includes Swedbank's commissions only; any other payment-related charges (of correspondent bank or beneficiary bank) are payable by the beneficiary (payee). The bank will transfer the payment to the correspondent bank or the beneficiary bank with a note "SHA" in the corresponding S.W.I.F.T. message field "Details of Charges". The payment will be credited to the beneficiary's account by the beneficiary bank after deduction of all charges, if any, from the payment amount.

    Payer - the payer undertakes to cover all costs associated with the payment, including any extra fees charged by the banks involved in execution of the payment. The Bank is entitled to debit them from the Customer’s Account without any additional approval by the Customer. The Bank assumes no responsibility for non-compliance, by any of the banks involved (correspondent bank or beneficiary bank), with the Bank’s instructions or for not receiving the full amount of the payment due to other reasons beyond the control of the Bank.

    Effective from 01.08.2021

    To an account at Swedbank Group

    Service	Currency	Payment submission type and time	Price, EUR
    			via Internet Banking	via Branch/Telephone Banking
    			Active Tariff/ Basic Tariff
    To an account at Swedbank Group
    Payments to Estonia, Lithuania, Sweden, Denmark, Finland, Norway	USD, SEK	Economy The funds will be delivered to the beneficiary bank on the same business day, as from the moment when the bank has accepted the customer's order. 16:00	2.00/ 3.00	4.00
    	DKK, NOK, GBP Only to Estonia or Lithuania	Economy The funds will be delivered to the beneficiary bank on the same business day, as from the moment when the bank has accepted the customer's order. 15:00
    	All foreign currencies	Economy Delivery of funds to the beneficiary bank or intermediary bank after 2 business days. Unrestricted (AED, INR, ILS, BGN till 14:00)

    Payment submission time - the latest when payment of this type may be submitted. If the payment is submitted after this time, one more business day will be added to the execution time of the payment. If submission time is not indicated, the payment may be submitted during business hours of the particular branch / sub-branch or remote banking channel.

    Effective from 01.08.2021

  • Standing orders and E-invoice

    Standing orders and E-invoice

    Product/Service		Price, EUR
    Standing orders
    Registration of standing order	Best value via Internet Banking	0,00 - 2,48 + VAT
    Execution of standing orders		See Payments
    Early termination of standing orders		Free of charge
    E-invoice
    Registration of application for E-invoice or Automated Payment Agreement		0,00 - 2,48 + VAT
    Receiving E-invoices	Best value via Internet Banking	Free of charge
    Paying of E-invoice		See Payments
    Amendment or termination of E-invoice Automated Payment Agreement, E-invoice cancellation	Best value via Internet Banking	Free of charge

    Effective from 01.05.2015.

  • Other payment services

    Other payment services

    Investigation of a sent or non-received payment, payment cancellation - the payment for service does not guarantee the return of funds to customer's account. The return of an executed payment is possible upon beneficiary's consent only. If investigation shows that Swedbank has made an error, the charge will be refunded to the customer.

    Product/Service	Price, EUR
    Incoming currency payment's crediting into account / processing in currency
    From other Swedbank account, from other bank in Latvia or EU regulated payments	Free of charge
    Crediting of incoming currency* payments to account in a currency from abroad and if the fee is to be covered by the beneficiary or on a shared basis *incl. International payments in EUR currency	3,00
    Incoming foreign payments with the instruction that the charge is payable by payer	Free of charge
    Other services
    Currency Exchange in current acount	0,00 - 3,00 Internet Banking - 0,00 Telephone Banking - 3,00 Branch Banking - 3,00
    Additional processing (verification, confirmation or cancellation) of payments made via Internet Banking, according to the Remote Banking Services Agreement	7,00
    Verification, under customer's instructions, of an electronically delivered payment order if the payment is then made via Internet Banking	2,50
    Accepting for fulfilment an enforcement officer's (court bailiff's) and State Revenue Service's orders	10,00
    Investigation or correction of a sent, received or non-received payment
    In case of error by Swedbank	Free of charge
    If the beneficiary's account is with Swedbank or other commercial bank in Latvia	10,00 + actual costs
    Swedbank Group payments	10,00 + actual costs
    Investigation or modification of a foreign payment	35,00 + actual costs
    Bank's reply about investigation of payment
    - Written reply regarding investigation	Free of charge
    - Reply in SWIFT format	Free of charge
    Payment cancellation
    In case of error by Swedbank	Free of charge
    If the beneficiary's account is with Swedbank or other commercial bank in Latvia	17,00 + actual costs
    Swedbank Group payments	17,00 + actual costs
    If the beneficiary's account is outside Latvia	55,00 + actual costs Actual costs means the fees that a correspondent and/or beneficiary bank may charge independently from Swedbank for investigation or correction of a payment order.

    Effective from 25.07.2019.

  • Cash operations at branches

    Cash operations at branches

    Product/Service	Price, EUR
    Coin and banknote processing
    Ordering cash from EUR 7500 (inclusive)	50% of the cash withdrawal fee	Must be ordered two working days in advance by 13:00. When cash is ordered in advance, 50 % of the cash withdrawal fee is charged at the time of ordering. The rest of the fee is charged upon collecting the order. If the order is not collected, the fee already charged will be not be refunded. Withdrawal of amounts from 7500 EUR (including) at branch must be ordered two working days in advance by 13:00. Users of remote services can order cash by phone on 67 444 444 or in their Swedbank Internet Banking user account.
    Coin processing for cash operations Including cash deposits, withdrawals, coin exchange and changing coins into banknotes.	1,00 for each 50 pcs.	Only EUR coins accepted and available for withdrawal. Coin processing fee charged in addition to deposit, withdrawal or currency exchange fee. The Bank does not accept damaged coins - scratched, deformed or mutilated.
    Cash deposits
    To own Swedbank account	0.5% of the amount, min. EUR 10,00	Also for cash deposits: the share capital into the company's temporary account; into accounts of Swedbank or Swedbank Group affiliates to cover company’s contractual obligations related to these companies or commissions for used services (including for the initial document review of non-customers). The Bank does not accept and exchange EUR banknotes without visible security features and nominal value; burnt, oil- or dye-stained, washed or with otherwise changed base colours.
    Cash withdrawals
    From account at Swedbank	2% of the amount, min. EUR 10,00	Withdrawal of amounts from EUR 7500 (inclusive) at branch must be ordered two working days in advance until 13:00. Users of remote services can order cash by phone 67 444 444 or in Swedbank Business Internet Banking. When cash is ordered in advance, 50 % of the cash withdrawal fee is charged at the time of ordering. The rest of the fee is charged upon collecting the order. If the order is not collected, the fee already charged will be not be refunded.

    Branches providing cash services - see list. Cash transactions over EUR 15,000 can be performed at the branch “Ķīpsala”, Liepāja, Valmiera or Daugavpils branch.

    Effective from 19.08.2020

  • Cash transactions via ATMs and Retail outlets

    Cash transactions via ATMs and Retail outlets

    Business Debit Card, Price EUR
    Cash withdrawals at Swedbank and partner ATMs	1,5% of the amount	Swedbank Group ATMs in Latvia, Lithuania, Estonia, also SEB ATMs in Latvia. Default limits See Cards.
    Cash withdrawals at other banks and associated ATMs	2,00 + 2% of the amount	At banks providing the service.
    Cash deposits at Swedbank Cash Deposit Machines	0.1% of the amount exceeding 3000 EUR a month
    Visa Business USD, Price USD
    Cash withdrawals at Swedbank and partner ATMs	1,5% of the amount	Swedbank Group ATMs in Latvia, Lithuania, Estonia, also SEB ATMs in Latvia. Default limits See Cards.
    Cash withdrawals at other banks and associated ATMs	2,00 + 2% of the amount	At banks providing the service.
    Cash deposits at Swedbank Cash Deposit Machines	0.1% of the amount exceeding 3000 EUR a month
    Visa Business credit card / Visa Business Gold credit card, Price EUR
    Cash withdrawals at Swedbank and partner ATMs	2,00 + 2% of the amount	Swedbank Group ATMs in Latvia, Lithuania, Estonia, also SEB ATMs in Latvia. Default limits See Cards.
    Cash withdrawals at other banks and associated ATMs	2,00 + 2% of the amount	At banks providing the service.
    Cash deposits at Swedbank Cash Deposit Machines	0.1% of the amount exceeding 3000 EUR a month

    Effective from 19.08.2020.

• Digital сhannels

  • Internetbank

    Internetbank

    Product/Service		Price, EUR
    Applying
    PIN calculator DP260		2,00 - 6,00 For customers of up to 18 years and from 65 years of age: EUR 2,00	DP260 PIN calculator's warranty period in Latvia - 2 years.
    PIN calculator DP300C		2,00 - 20,00 For customers from 65 years of age: EUR 2,00	DP300C PIN calculator's warranty period in Latvia - 2 years.
    PIN calculator DP301CV for blind customers or customers with poor eyesight	Only in branches	2,00	DP301CV PIN calculator's warranty period in Latvia - 2 years.
    eID card reader issuance		6,61 + VAT
    Using
    Monthly service fee for internetbank’s Active tariff		4,27 - 12,81 EUR 4.27 per user, but not more than EUR 12.81 in total
    Unblocking PIN calculator		2,00
    Change of users and/or their payment limits over the phone or at branch		20,00
    User and/or payment limit change in the internetbank		Free of charge
    Closing
    Termination of the service		Free of charge

    Effective from 19.08.2020.

  • Swedbank Gateway

    Swedbank Gateway

    Product/Service	Price, EUR
    Applying
    Registering the service	60,00 Direct channel - 60,00 Operator agreement - 60,00	The price for Direct channel and Operator agreement includes a one-off purchase of communications certificate. The certificate must be renewed every 5 years and the associated expenses are borne by the customer.
    Using
    Monthly fee for companies	0,00 - 25,00 Direct Channel - 25,00 For operator's customers - Free of charge
    Monthly fee for Operators	10,00 + 5,00 per customer
    Monthly fee for other bank account services in Swedbank Gateway	15,00 - 50,00 Direct connection – 15,00 To the operator – 50,00
    Current day's account statement request	0,50 Per request
    Notifications on transactions	0,10 Per notification	The fee for received alerts is debited from the account automatically, once a day for the notifications sent the previous day.
    Agreement conclusion or amendment at branch	25,00
    Closing
    Closing the service	Free of charge
    Services that are no longer being offered
    Current day automated account statement	35,00 Monthly fee per account	Account statements are automatically generated and sent 3 times a day (at 10.00, 14.00, 18.00 o'clock). Account statement is created as a responce to a request generated and sent by client. Automatically generated notifications for every transaction on account. The fee for sent notifications is debited from the account automatically, once a day for the notifications sent the previous day.

  • Quick notifications

    Quick notifications

    Product/Service	Price, EUR
    Applying
    Service activation	Free of charge
    Using
    Receiving quick notification	0,09 + mobile operator's tariff price Fee per each notification	The fee for received quick notifications is debited from the account automatically, once a day for the notifications sent the previous day.
    Topping up pay-as-you-go phones via Quick notifications	0,09 + mobile operator's tariff price Fee per each notification	One user may top up a prepaid phone a maximum of 5 times a day.
    Closing
    Closing the service	Free of charge

  • SWIFT

    SWIFT

    Service	Price, EUR
    	Contract fee	Monthly fee	Fee per message	Payment execution
    Services for foreign bank customers for account operations at Swedbank
    Delivery of account statements to foreign bank via SWIFT MT940 OUT	25,00 If more than one of the services covered in this section (Services for foreign bank customers for account operations at Swedbank) is used, fee will be charged only for one service.	35,00 If the service of delivering Swedbank account statements to a foreign bank and the service of executing payments from a Swedbank account are used, fee will be charged only for one service.	--	--
    Delivery of account balance details to foreign bank via SWIFT MT941 OUT	25,00 If more than one of the services covered in this section (Services for foreign bank customers for account operations at Swedbank) is used, fee will be charged only for one service.	--	1,00	--
    Delivery of current day's account statements to foreign bank via SWIFT MT942 OUT	25,00 If more than one of the services covered in this section (Services for foreign bank customers for account operations at Swedbank) is used, fee will be charged only for one service.	--	1,00	--
    Payments from Swedbank account via SWIFT MT101 IN	25,00 If more than one of the services covered in this section (Services for foreign bank customers for account operations at Swedbank) is used, fee will be charged only for one service.	35,00 If the service of delivering Swedbank account statements to a foreign bank and the service of executing payments from a Swedbank account are used, fee will be charged only for one service.	--	2,85 + fee per each payment Payment fee according to current branch Banking payment pricelist. See Payments

    Effective from 01.05.2015.