complete price list

Price List PRICE LIST .................................................................................................................................................................. 1 ACCOUNTS AND ACCOUNT INFORMATION ........................................................................................................... 2 CURRENT ACCOUNT INTEREST .............................................................................................................................. 4 BANK TRANSFERS .................................................................................................................................................... 5 CASH OPERATIONS ................................................................................................................................................... 8 DEBIT CARDS ........................................................................................................................................................... 10 CREDIT CARDS ......................................................................................................................................................... 14 LOAN .......................................................................................................................................................................... 19 FACTORING .............................................................................................................................................................. 23 LEASING .................................................................................................................................................................... 24 TRANSACTIONS IN SECURITIES ............................................................................................................................ 28 MANDATORY FUNDED PENSION ........................................................................................................................... 39 ELECTRONIC CHANNELS ....................................................................................................................................... 40 DOCUMENTARY CREDITS, COLLECTIONS AND GUARANTEES ....................................................................... 42 ADDITIONAL SERVICES .......................................................................................................................................... 46 SERVICES FOR MERCHANTS AND SERVICE ENTERPRISES............................................................................. 49 SERVICES FOR INSTITUTIONS, CREDITORS, PAYMENT SERVICE PROVIDERS AND E-MONEY INSTITUTIONS ........................................................................................................................................................... 51 ACCOUNT BALANCE FEE FOR CREDIT INSTITUTIONS, INSURANCE COMPANIES, FUND MANAGEMENT COMPANIES AND INVESTMENT FUNDS ............................................................................................................... 52 MATURITIES OF SERVICES .................................................................................................................................... 53

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Accounts and account information OPENING ACCOUNTS

Effective as of 20.03.2017

1. Current account 1.1 Private person 1.1.1 for Estonian and EU member state (including Norway, Iceland, Liechtenstein, Switzerland) resident

free of charge

1.1.2 for another country resident

200 €

1.2 Legal person 1.2.1 for a legal person registered in Estonia

free of charge

1.2.2 for a legal person registered in an EU member state (except Cyprus, Luxembourg, Malta, United Kingtom) or Norway

30 €

1.2.3 for a legal person registered in another country (including Cyprus, Luxembourg, Malta, United Kingtom)

400 €

1.2.4 Fee of enhanced due diligence measures (1)

200 €

2. Opening an account in a foreign bank through Swedbank

150 € + courier service fee (2)

2.1 Via Unicash partner bank 2.1.1 opening an account

free of charge

2.1.2 monthly fee (includes sending SWIFT MT940 free of charge)

45 €

2.2 Opening an account in banks of Swedbank Group through Swedbank Estonia


2.3 Entry into additional contracts, amendments and specimen signature cards in a foreign bank and a bank of the Swedbank Group through Swedbank Estonia (3)


2.4 Sending identification tools and cards to foreign banks and banks of the Swedbank Group through Swedbank Estonia (3)


3. Opening a start-up account

free of charge

4. Deposits

free of charge

(1) The fee is imposed on legal persons registered in Estonia, who are represented by or whose owners include a non-resident; to legal persons who are residents of the European Union and legal persons registered in other countries. (2) According to courier service provider. (3) For a customer of Swedbank Estonia whose account is with a foreign bank or Swedbank Group and for a customer of a foreign bank or Swedbank Group whose account is with Swedbank Estonia.

Note about the Price List: The bank debits the service fees in euros. The percentage-based service fee of foreign currency transactions is converted into euros on the basis of the exchange rate of European Central Bank. If the sum available on the account in euros is insufficient to cover the service fee, the missing amount is converted from the foreign currency sum kept on the account based on the exchange rate determined by Swedbank.

CLOSING ACCOUNTS


Disbursement of payments made to a private person’s closed account Direction of payments to a Swedbank account within 1 month as of closure of the account

free of charge

Direction of payments to an account with another Estonian bank within 1 month as of closure of the account

fee of the domestic payment in a branch

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ACCOUNT INFORMATION


1. Account statement 1.1 From a branch

4€

1.2 By post - a decade, monthly and annual statement to Estonia

2€

- a quarterly statement to a private person to Estonia

free of charge

- a quarterly statement to a legal person to Estonia

2€

- abroad

4€

1.3 By fax - to Estonia

2€

- abroad

4€

1.4 From Internetbank

free of charge

2. Balance inquiry and statement in Swedbank’s terminals in Estonia

free of charge

3. Balance inquiry in other bank’s terminals in Estonia and abroad (1)

0,32 €/query

4. Monthly fee of Baltic Reports in internet-bank for business clients (2)

13 €

4.1 Monthly fee of Baltic Reports for the customers of the group account module in internet-bank for business clients (2)

6,40 €

5. Current account default interest rate

0.2% a day

6. Monthly account fee of non-resident legal persons registered outside the EU Member States and Norway (excl. financial institutions) Monthly account fee expandens also for non-resident legal persons registered in Cyprus, Luxembourg, Malta and the United Kingdom

50 €

(1) The availability of the service in a foreign country depends on the foreign bank's ATM technical possibilities and service can be used with MasterCard/Maestro cards. (2) Baltic Reports means a daily consolidated report of the balance of funds on current and group accounts and in the overnight deposit opened in Swedbank (Estonia, Latvia, Lithuania) of a company or companies belonging to the same group.

GROUP ACCOUNT


Fees of a group account and members thereof - Opening a group account

200 €

- Annual fee of a group account

190 €

- Annual fee for a sub-group account

190 €

- Opening a sub-group account

63 €

- Amendment of a group account agreement and a sub-group account agreement

25 €

- Monthly fee per group member

12 €

Intra-group automatic transactions - Automatic intra-group zero balancing transfer between accounts in euros or a foreign currency

0,16 €

- Automatic intra-group interest transfer in euros and a foreign currency

0,16 €

Group administration and reporting service in channels - Monthly fee of the group account module in internet-bank for business clients

20 €

- Baltic Reports in electronic channels (1) - Monthly fee of Baltic Reports in internet-bank for business clients

13 €

- Monthly fee of Baltic Reports for the customers of the group account module in internet-bank for business clients

6,40 €

(1) Baltic Reports means a daily consolidated report of the balance of funds on current and group accounts and in the overnight deposit opened in Swedbank (Estonia, Latvia, Lithuania) of a company or companies belonging to the same group.

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Current account interest Effective as of 01.01.2015 Currency

Annual interest rate

AUD

0%

CAD

0%

CHF

0%

CZK

0%

DKK

0%

EUR

0.01%

GBP

0%

JPY

0%

NOK

0%

PLN

0%

RUB

0%

SEK

0%

USD

0%

1. Current account interest is presented as a percentage on a basis of year (360 days). 2. Interest is calculated on the account balance as of the end of day and is roundes to two places after the decimal point. 3. Interest calculated on current accounts is transferred to accounts once a month not later than on the third day following the calculating month. 4. Interest calculated over month that remains below 0,05 € is not paid out or transferred into the next month.

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Bank transfers Effective as of 09.12.2016

1.PAYMENTS IN EUROS

In a branch and telephone bank

In the Internet bank for private clients, Internet bank for business clients, Swedbank Gateway

In an ATM

1.1 Intra-bank payment

1.1.1 Intra-bank payment

2,30 €

0,16 €; In the Internet bank for private clients free of charge for people up to 25 years of age (incl.) and over 65 years of age (incl.)

0,16 €, free of charge for private clients over 65 years of age (incl.) (1)

1.1.2 Intra-bank payment between client`s accounts

2,30 €

free of charge

0,16 €, free of charge for private clients over 65 years of age (incl.) (1)

1.1.3 Intra-bank incoming payment

free of charge

3,20 €

0,38 €

0,38 €

- up to 10 000 € (incl.)

9€

7€

- over 10 000 €

32 €

30 €

1.2.3 Domestic incoming payment

free of charge

1.2 Domestic payment 1.2.1 Domestic payment 1.2.2 An urgent domestic payment

1.3 Swedbank Group group payment 1.3.1 A group payment (2)

3,20 €

1.3.2 An incoming group payment

free of charge

0,38 €

1.4 A European payment (3) 3,20 €

0,38 €

- up to 10 000 € (incl.)

9€

7€

- over 10 000 €

32 €

30 €

1.4.3 An incoming European payment

free of charge

1.4.1 European payment 1.4.2 An urgent European payment

1.5. International payments (exc. points 1.3 and 1.4) 1.5.1 An ordinary payment - transfer charges are shared (4)

9,45 €

5,45 €

- transfer charges paid by remitter) (5)

29,75 €

24,75 €

- transfer charges are shared (4)

14,85 €

9,85 €

- transfer charges paid by remitter (5)

34,75 €

29,75 €

- transfer charges are shared (4, 8)

39,85 €

34,85 €

- transfer charges paid by remitter) (5)

49,85 €

44,85 €

1.5.4 An incoming international payment (6)

5,75 €

5,75 €

1.5.2 An urgent payment

1.5.3 An express payment

1.6 Standing order - Formalisation and cancellation

free of charge

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- Execution of an standing order (7)

according to euro payment price list in tha Internet bank

- Standing order to deposit

free of charge

1.7 E-invoice standing order - formalisation and cancellation

free of charge

- amendment of the E-invoice standing order

free of charge

- execution of the E-invoice standing order

free of charge

1.8 Transfer to savings deposiit (9)

2,30 €

1.9 Payment of a state fee in state authorities

0,19 €

free of charge

In a branch and telephone bank

In the Internet Banking, Internetbank for business clients, Swedbank Gateway

2.1.1 Intra-bank payment

2,30 €

2€

2.1.2 Intra-bank incoming payment

free of charge

2. PAYMENTS IN FOREIGN CURRENCY 2.1 Intra-bank payment

2.2 Swedbank Group group payment 2.2.1 A group payment

3,20 €

2.2.2 A group incoming payment

free of charge

2€

2.3 An international payment (exc. point 2.2) 2.3.1 An ordinary payment - transfer charges are shared (4)

9,45 €

5,45 €


29,75 €

24,75 €


14,85 €

9,85 €


34,75 €

29,75 €


39,85 €

34,85 €


49,85 €

44,85 €

2.3.4 An incoming international payment (6)

5,75 €

5,75 €

2.3.2 An urgent payment

2.3.3 An express payment in US dollars

2.4 Standing order - formalisation and cancellation

free of charge

- execution of a standing order

according to euro payment price list in tha Internet bank

- standing order to deposit

free of charge

(1) This also applies to clients who were at least 60 years old on 1 September 2015 and held a current account. (2) Payments to Swedbank (Latvia, Lithuania, Sweden, Finland, Norway, Denmark) reach the beneficiary's account in the full amount. The beneficiary’s IBAN must be specified. (3) Terms and conditions of a European payment: *the payment currency is the euro; *The correct IBAN is indicated in the payment; *The service fee type is ‘shared’; * The beneficiary’s bank ( remitter`s bank when incoming payment) is located in a Member State of the European Union (or Norway, Iceland, Liechtenstein, Switzerland, Aland Islands, Azores, Ceuta and Melilla, Gibraltar, Guadeloupe, Canary Islands, Madeira, Martinique, French Guinea, Reunion, Monaco, San Marino). The fee is according to point 1.5 when the beneficiary’s IBAN is not indicated in the payment. (4) The remitter pays the service fee of Swedbank and the beneficiary pays the service fees of all other banks. (5) The remitter pays the service fees of Swedbank and foreign banks. If the beneficiary's bank's service fee exceeds the amount paid by the remitter for the beneficiary, the current account of the remitter shall be automatically debited with the corresponding difference of service fees. Additionally debited service fee can be 63,91€ at most.

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(6) Incoming payment with a note ‘transfer charges paid by remitter’ is free of charge. The service fee for a non-customer is twice the established amount. (7) Execution of an intra-bank standing order is 0,16 € regardless of the customers age. (8) If an express payment is European payment then fee for the payment is according to an European urgent payment. (9) Free of charge upon entry into savings deposit contract.

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Cash operations Effective as of 14.08.2017 1. In euros 1.1 Cash deposit (excl. coins) in branch - by an individual to their own account

0,25%, min 2,60 €

- to a minor’s account (1)

up to 100 € per calendar month – free of charge; starting from 100 € per calendar month 0.25% of the deposited amount that exceeds 100 €

- by an entity to their account

0,25%, min 2,60 €

- to another person’s account, which is located in the Swedbank (in case of coins, fee for Payment of coins to current account will be added)

0,5%, min 5 €

1.2 Upon payment of cash from a branch - to a private or legal person

0.5%, min. 3 €

2. In a foreign currency 2.1 Fees of payment of cash to an account (3) - CZK, DKK, GBP, NOK, PLN, SEK, USD, RUB

1,5%, min 2,60 €

2.2 Fee of payment of cash to another person’s account, which is located in the Swedbank (3)

1.5%, min 5 €

2.3 Fee of payment of cash from an account - CZK, DKK, GBP, NOK, PLN, SEK, USD

1.5%, min 2,60 €

- RUB

4%, min 2,60 €

3. Purchase/sale of foreign currency in cash (3, 5)

5€

4. Cash reservation Reservation of large amounts of cash (2)

free of charge

Fine in the event of cancelling a reservation (payable only upon exceeding the branch’s reservation limit)

38 €

Payment of non-reserved large sums of cash, which exceed the reservation limit, on the same day

38 € + fee for payment of the respective currency

5. Processing cash Payment of coins to current account (4)

2%, min 2,60 €

Payment of coins to a minor’s account (4, 6)

up to 100 € per calendar month – free of charge; starting from 100 € per calendar month 2% of the deposited amount that exceeds 100 €

Payment from account in coins (7)

2%, min 3 €

Exchange of coins for coins (4)

5%, min 2,60 €

Exchange of coins for notes (4)

5%, min 2,60 €

Exchange of notes for coins

5%, min 2,60 €

Exchange of notes for notes

0.5%, min 2,60 €

Verification of a note

0,19 €/note

Entry by collecting (5)

fee of foreign currency payment of cash to an account and/or from an account

(1) The fee is charged on the amount that exceeds 100 € per calendar month and the cash is deposited in branch. The service fee is clientbased on the basis of calculation is a calendar month.

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(2) The size of the sum as of which cash needs to be reserved is 12 000 € (banknotes) and 500 € coins. The reservation application must be submitted to the bank not later than by 2.00 p.m. Upon reservation of foreign currencies you need to agree with the branch beforehand. Reservation over 50 000 euros is payed out on a banking day with service fee which agreed with bank beforehand. In one branch during 1 day maximum 500 euro coins are paid out, assumption that the branch has requested amount or nominal value of the coins. (3) The bank does not accept or exchange damaged foreign currency notes. (4) The bank does not accept or exchange foreign currency coins. (5) Foreign currency cashing payment to an account and/or from an account through the cash collecting offering company (fee according to point 2.1 and/or 2.3) (6) The fee is charged on the amount that exceeds 100 € per calendar month and the coins are deposited in branch. The service fee is clientbased on the basis of calculation is a calendar month. (7) The bank does not sell foreign currency coins. .

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Debit cards 1. PRIVATE PERSON


1.1 Issuing the first debit card associated with an account (1)

free of charge

1.2 Issuing an additional debit card associated with an account (1)

according to price list

1.3 Renewal of a card (1)

free of charge

1.4 Visa Electron debit card, Maestro debit card (2) - issuing a card

2,50 €

- monthly fee of a card (3)

0,96 €

1.5 Debit card Plus - issuing a card

2,50 €

- monthly fee of a card

1,28 €

- monthly fee of a card for up to 19-year-olds

free of charge

- monthly fee of a card for people aged 20-25

0,32 €

1.6 A temporary ATM card (valid for 1 month) - issuing a card

2,50 €

1.7 ISIC MasterCard Student card - issuing a card

6,33 €

- replacement of a card

6,33 €


0,32 €

- renewal of a card

6,33 €

1.8 Youth card - issuing a card

2,50 €

- monthly fee of a card for up to 19-year-olds

free of charge

- monthly fee of a card for people aged 20-25

0,32 €

1.9 School card (4) - monthly fee of a card

free of charge

1.10 Senior card - issuing a card

2,50 €


0,32 €

1.11 MasterCard Private Banking Card - issuing a card

2,50 €


1,98 €

GENERAL SERVICE AND TRANSACTION FEES 1. Cash deposit in euros in home bank’s terminal (5)

- up to 5000 € per calendar month free of charge; - 0,25% of the deposited amount that exceeds 5000 € per month

2. Cash withdrawal 2.1 from terminals of your home bank - up to 2000 € per calendar month

free of charge

- over 2000 € per calendar month

0.3% of the amount that exceeds 2000 €

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2.2 from other bank’s terminals in Estonia and abroad

1 € + 2.5% of the amount

2.3 with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (6) - up to 2000 € per calendar month

free of charge

- over 2000 € per calendar month

0.3% of the amount that exceeds 2000 €


free of charge


0,32€/query

5. Making payments in ATMs and payment terminals - an intra-bank payment

0,16 € (free for clients aged 65 and more) (8)

- domestic payment

0,38 €

6. Payment in a commercial enterprise

free of charge

7. Closure of a card

free of charge

8. A copy of the receipt of a card transaction (inquiry) - a transaction in Estonia

4€

- a transaction abroad

8€

9. Demand for refund, unjustified - a transaction in Estonia

12 €


16 € (In case disputing card transaction made abroad, additional costs of the card organisations may apply)

10. Sending a card from one branch to another (9)

2,50 €

11. Sending a card by mail - mail (Estonia)

free of charge

12. Conversion fee for transactions in foreign currencies (10)

1% of transaction amount

13. Penalty for using a closed card

65 €

14. Using Visa or MasterCard assistance service abroad

0 to 130 €, depending on actual costs

15. Penalty

0.2% a day

16. Retrieval of bank cards from other banks from Swedbank ATMs

30 €

2. LEGAL PERSONS


2.1 Issuing the first debit card associated with an account (11)

free of charge

2.2 Issuing an additional card associated with an account (11)

according to price list

2.3 Renewal of a card

free of charge

2.4 Visa Business Debit (12) - issuing a card

10 €

- replacement of a card

10 €


3,20 €

2.5 A temporary ATM card (valid for 1 month) - issuing a card

2,50 €

2.6 Business Debit Card (13) - issuing a card

2,50 €


1,50 €

- monthly fee of a card with the possibility of making cash deposits

0,50 €

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2.7 Visa Business Electron (14) - monthly fee of a card

1,50 €

- monthly fee of a card with the possibility of making cash deposits

0,50 €

GENERAL SERVICE AND TRANSACTION FEES 1. Cash deposit in euros in home bank’s terminal (5)


2. Cash withdrawal (11) - from terminals of your home bank

0,19 € + 0.3% of the amount

- from other bank’s terminals in Estonia and abroad

1,92 € + 2,5% of the amount

- with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (6)

0,19 € 0.3% of the amount

3. Cash withdrawal with Visa Business Debit (12) - from terminals of your home bank

1,92 € + 1% of the amount

- from other bank’s terminals in Estonia and abroad

1,92 € + 2,5% of the amount

- with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden (6)

1,92 € + 1% of the amount


free of charge


0,32€/query

6. Making payments in ATMs and payment terminals - an intra-bank payment

0,16€

- domestic payment

0,38 €


free of charge

8. Closure of a card

free of charge

9. A copy of the receipt of a card transaction (inquiry) - a transaction in Estonia

4€


8€


12 €




2,50 €


free of charge



14. Penalty

0.2% a day


30 €

(1) Except ISIC MasterCard Student card (2) Visa Electron card is not issued from 1st of June 2015. (3) The debit card fee is not applicable to the customers who as of 01.08.2011 were at least 60 years old. (4) School card is not isused from 1 st of July 2015. (5) The fee is charged on the amount that exceeds 5 000 € per calendar month and the cash is deposited in home bank’s terminal. The service fee is client-based on the basis of calculation is a calendar month. (6) ATM in Sweden is Bankomat. (7) The availability of the service in a foreign country depends on the foreign bank's ATM technical possibilities and service can be used with MasterCard/Maestro cards. (8) This also applies to clients who were at least 60 years old on 1 September 2015 and held a current account. (9) The price is inclusive of VAT at the rate of 20%.

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(10) Added to the amount of every transaction made with the card if the card transaction is in a currency other than the euro. The conversion fee is not subject to a refund if the transaction is cancelled. (11) Except Visa Business Debit (12) Visa Business Debit card is issued to the non-resident legal persons registered outside the EU Member States and Norway ( including non-resident legal persons registered in Cyprus, Luxembourg, Malta and the United Kingdom). (13) MC Business Debit (14) Visa Business Electron card is not issued from 4 th of May 2015.

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Credit cards 1. PRIVATE PERSON


1.1 Revolving credit card (2) - monthly fee

1,30 €, free of charge for people up to 25 years of age

- monthly fee of an additional card

1,30 €

- annual interest rate

19 - 22%

- penalty

ECB interest rate + 8% a year (1) (currently 0.022% a day, 8.00% a year)

1.2 Fixed payment credit card - annual interest rate

19 - 22%

- penalty

ECB interest rate + 8% a year (1) (currently 0.022% per year, 8.00% a year)

- debt notice

3€

1.3 Gold Revolving credit card (3) - monthly fee

3,70 €


2,50 €


17 - 20%

- penalty


- debt notice

3€

1.4 Visa Platinum credit card (4) - monthly fee

12,90 €


10,90 €

-Visa Platinum extra package

160,20 € a year (5) (13)


14 - 17%

- penalty


- the Priority Pass salon visit fee - for holder of Visa Platinum card with extra package

free of charge

- for holder of Visa Platinum card without extra package

27 USD per visitor

- for persons accompanying Visa Platinum cardholder

27 USD per visitor

1.5 Gold Charge credit card - monthly fee of the primary card

5,11 €


2,56 €

- penalty


- debt notice

3€

1.6 Platinum Charge credit card - annual fee of the primary card

127,82 €

- annual fee of an additional card

63,91 €

- penalty


- debt notice

3€

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- the Priority Pass salon visit fee for holder of Platinum credit card and persons accompanying cardholders

27 USD per visitor

1.7 American Express Blue credit card (6, 7) - monthly fee of the primary card

1,60 €

- monthly fee of of an additional card

1,60 €


17 - 20%

-penalty


1.8 American Express Gold credit card (6, 8) - monthly fee of the primary card

10,50 €

- monthly fee of of an additional card

7€


16 - 19%

-penalty


- the Priority Pass salon visit fee

27 USD per visitor

1.9 American Express Platinum credit card (6, 9) - annual fee of the primary card

475 €

- annual fee of an additional card

320 €


14%

-penalty


- the Priority Pass salon visit fee for a cardholder

free of charge

- the Priority Pass salon visit fee for for persons accompanying cardholders

27 USD per visitor

GENERAL SERVICE AND TRANSACTION FEES 1. Card opening fee - opening a card at branch

2,50 €

- opening a card in Internet Bank

1,50 €


free of charge

3. Cash deposit in euros in home bank’s terminal (10)


4. Cash withdrawal


5. Transfer from credit card limit account

according to regular bank transfers pricelist

6. Replacement of a card

7€

7. Statement of transactions - in last month

free of charge

- a previous month

4 € per month

8. Amendment of a credit card agreement (11) - increase of credit limit at branch

1% of the requested additional limit, min 10 €

- increasing of credit limit in the Internet Bank

3,20 €

- amendment of the agreement at branch

10 € (excluding changing the user limits)

- amendment of the agreement in the Internet Bank

free of charge

9. Closure of a credit card

free of charge


65 €

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11. Copy of a receipt (inquiry) - a transaction in Estonia

4€


8€


free of charge


0,32 € per query


12 €



15. Using a Visa or MasterCard assistance service abroad (issue of a temporary credit card abroad)



2,50 €


free of charge

18. Conversion fee for transactions in foreign currencies (14) - VISA or MasterCard


- American Express card

0.5% of transaction amount

19. Renewal of primary and additional card

free of charge


30 €

2. LEGAL PERSONS


2.1 Business Credit Card (15) - issue fee

5€

- monthly fee

3€


18%

- penalty

0.2% a day

- debt notice

3€

2.2 Business Gold Credit Card (16) - issue fee

10 €

- monthly fee

10 €


14%

- penalty

0.2% a day

- debt notice

3€


27 USD per visitor

2.3 Charge card MasterCard Business (17) - annual fee

25 €

- penalty

0.2% a day

- debt notice

3€

2.4 Charge card Visa Business Gold (17) - annual fee

120 €

- penalty

0.2% a day

- debt notice

3€


27 USD per visitor

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2.5 Fixed Payment credit card Visa Business (17) - issue fee upon first application and renewal

free of charge

- monthly fee

1,30 €


18%

- penalty

0.2% a day

GENERAL SERVICE AND TRANSACTION FEES 1. Payment in a commercial enterprise

free of charge

2. Cash deposit in euros in home bank’s terminal (18)


3. Cash withdrawal


4. Transfer from credit card limit account (19)

according to regular bank transfers pricelist

5. Replacement of a card

7€

6. Statement of transactions - in last month

free of charge

- a previous month

4 € per month

7. Amendment of a credit card agreement - increasing of the credit limit at branch

1% of the requested additional limit, min 10 €

- amendment of the agreement

10 € (excluding changing the user limits)

- amendment of the agreement in Internet Bank

free of charge

8. Closure of a credit card

free of charge


65 €

10. Copy of a receipt (inquiry) - a transaction in Estonia

4€


8€


free of charge


0,32 € per query


12 €




2,50 €

15. Using a Visa or MasterCard assistance service abroad (issue of a temporary credit card abroad)





30 €

(1) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed. (2) When paying for goods or services with a private person’s revolving credit card, the transaction amount is subject to a 30- day interest-free period, after which the calculation of interest starts. When withdrawing cash or making transfers from credit card limit account, the calculation of interest starts at once. (3) When paying for goods or services with a private person’s Gold revolving credit card, the transaction amount is subject to a 40-day interestfree period, after which the calculation of interest starts. When withdrawing cash or making transfers from credit card limit account, the calculation of interest starts at once. (4) When paying for goods or services with the Visa Platinum Credit Card, the transaction amount is subject to an up to 40-day interest-free period (between the date of purchase and the payment date). When withdrawing cash or making transfers from credit card limit account, the calculation of interest starts at once.

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(5) If the period between ordering Visa Platinum extra package and expiry of Visa Platinum card is less than one year, the Bank will debit a fee for an extra package in full amount. (6) American Express cards are not issued from 1 st of July 2016. (7) When paying for goods or services with the American Express Blue credit card, the transaction amount is subject to an up to 40-day interestfree period (between the date of purchase and the payment date). When making transfers from credit card limit account, the calculation of interest starts at once. (8) When paying for goods or services with the American Express Gold credit card, the transaction amount is subject to an up to 40-day interestfree period (between the date of purchase and the payment date). When making transfers from credit card limit account, the calculation of interest starts at once. (9) When paying for goods or services with the American Express Platinum credit card, the transaction amount is subject to an up to 50-day interest-free period (between the date of purchase and the payment date). When making transfers from credit card limit account, the calculation of interest starts at once. (10) Possible with credit cards pointed in 1.1 – 1.4. The fee is charged on the amount that exceeds 5 000 € per calendar month and the cash is deposited in home bank’s terminal. The service fee is client-based on the basis of calculation is a calendar month. (11) If upon the renewal of a credit card on the basis of an application, the credit limit of the credit card is rounded by increasing or decreasing the credit limit up to 50 € (incl.), no fee for amending the credit limit shall be charged when increasing or decreasing the credit limit. (12) The availability of the service in a foreign country depends on the foreign bank's ATM technical possibilities and service can be used with MasterCard/Maestro cards. (13) The price is inclusive of VAT at the rate of 20%. (14) Added to the amount of every transaction made with the card if the card transaction is in a currency other than the euro. The conversion fee is not subject to a refund if the transaction is cancelled. (15) When paying for goods or services with a Business Credit Card, the transaction amount is subject to a 30- day interest-free period, after which the calculation of interest starts. When withdrawing cash or making transfers from credit card limit account, the calculation of interest starts at once. (16) When paying for goods or services with a Business Gold Credit Card, the transaction amount is subject to a 40- day interest-free period, after which the calculation of interest starts. When withdrawing cash or making transfers from credit card limit account, the calculation of interest starts at once. (17) The card is not issued from 20th of April 2016. (18) Possible with Fixed Payment credit card Visa Business, with Business Credit Card and with Business Gold Credit Cards. The fee is charged on the amount that exceeds 5 000 € per calendar month and the cash is deposited in home bank’s terminal. The service fee is clientbased on the basis of calculation is a calendar month. (19) Service is available with Business Credit Card and Business Gold Credit Card.

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Loan PRIVATE PERSONS


1. Housing loan and Home equity loan 1.1 Agreement fee

up to 1% of the loan amount, no less than 190 €

- for loans with a repayment term of up to 12 months

1% of the loan amount, no less than 320 €

1.2 KredEx collateral fee

3 % of the surety amount

1.3 Amendment of the agreement

130 €

- loan principal repayment holiday,

60 €

- fee for break from repayment of principal amount of loan when entering into several agreements at the same time

45 €

- amendment of the payment date (in branch or in Internet Bank)

20 €

- amendment of the servicing account (in branch or in Internet Bank)

free of charge

1.4 Lowering the interest rate, formalisation of an additional sum


1.5 Early repayment fee (including partial repayment) - in branch (2)

the amount of 3 months' interest (not applied in case of 3 months' advance notice)

- in Internet Bank (2)

the amount of 1 month interest

1.6 Fee for processing arrears

3,20 €

1.7 Penalty

ECB interest rate (1) + 8% a year (currently 0.022% a day, 8.00% a year)

2. Student loan - first application (in the 2017/2018 academic year)

free of charge

- first application via the Internet Bank

free of charge

- refinancing

7€

- amendment of the repayment schedule (frequency of repayment and amendment of the due date of the schedule)

7€

- preparation of a special schedule

16 €

- penalty


- default interest after the due date of the loan (i.e. after termination of the agreement by the bank)

annual interest rate under the agreement 1% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date is longer than one year

- compensation for prepayment of the loan amount or a part thereof (4, 5) 0.5% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date does not exceed one year 3. Overdraft - annual interest rate

15%-24%

- agreement extension fee

1% of the credit limit, no less than 10 €

- amendment of the interest rate in a branch

7€

- credit limit reduction fee in a branch

free of charge

- credit limit reduction fee in the Internet Bank

free of charge

- amendment of the payment date

free of charge

- termination of the agreement

free of charge

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- penalty


- default interest after the final date of use (i.e. after termination of the agreement by the bank)

annual interest rate under the agreement

4. Credit line - annual interest rate

15%-24%

- agreement fee in a branch

1,5% of the credit limit, no less than 45 €

- agreement fee in Internet Bank (i.e. there is an offer)

1,5% of the credit limit, no less than 35 €

- commitment fee

1,2% of the unused credit limit (annual rate)

- automatic credit limit extension fee

free of charge

- increasing the credit limit

1% of the additional credit limit, no less than 35 €

- credit limit reduction fee

free of charge


free of charge

- amendment of the servicing account

free of charge

- early termination of the agreement

free of charge

- re-registration of overdraft into a credit line

free of charge

- penalty


- default interest after the end term of the agreement (i.e. after termination of the agreement by the bank)


5. Small loan - annual interest rate

15%-24%

- agreement fee in a branch

1,5% of the loan amount, no less than 45 €

- agreement fee in Internet Bank


- agreement fee based on mobile application in Internet Bank

free of charge

- agreement fee based on offering and mobile application in Mobile Bank

free of charge

- formalisation of an additional sum in a branch


- formalisation of an additional sum in Internet Bank


- amendment of the agreement

25 €


free of charge

- amendment of the servicing account

free of charge

- re-registration of loan products into a small loan


- penalty


- default interest after the due date of the loan (i.e. after termination of the agreement by the bank)


1% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date fixed in the loan contract is longer than one year - compensation for prepayment of the loan amount or a part thereof (5) 0.5% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date fixed in the loan contract is up to one year (incl.) 6. Car loan - annual interest rate

8%-17%

- agreement fee


- amendment of the interest rate

50 €

- other fees

according to point 5

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7. Home small loan - annual interest rate

8%-15%

- agreement fee


- formalisation of an additional sum


- amendment of the interest rate

50 €

- other fees

according to point 5

8. Hire purchase - annual interest rate

9,9%

- agreement fee

15,83 € (3)

- agreement fee for vehicle financing

54,17 € (3)

- amendment of the agreement: extension of the agreement, reduction of the agreement, formalisation of a repayment holiday

15,83 € (3)

- a written notice on breach of the agreement

3€

- partial prepayment of the agreement on the basis of a written application

free of charge

- early termination of the agreement on the basis of a written application

free of charge

- fee for formalisation of a debt transfer

19,17 € (3)

- penalty


9. Valuation of the collateral (6) 9.1 In Tallinn and Harju County - valuation of apartment

120 €

- valuation of registered immovable with buildings, house, summer house, terraced house

240 €

- intermediate valuation of property under construction

180 €

9.2 elsewhere in Estonia - valuation of apartment

100 €

- valuation of registered immovable with buildings, house, summer house, terraced house

190 €

- intermediate valuation of property under construction

150 €

LEGAL PERSONS


1. Investment loan 1.1 Application - Kredex Start-up loan

1% of the loan amount, but no less than 195 € 2% of the loan amount, but no less than 320 €

1.2 Additional application

1% of the additional amount, but no less than 195 €

- Kredex Start-up loan


1.3 Additional application along with amendment of other terms and conditions of the agreement - Kredex Start-up loan 1.4 Amendment of the terms and conditions of the agreement (except along with an additional application) - Kredex Start-up loan 1.5 Early loan repayment fee

1% of the loan amount (loan balance + additional amount), but no less than 195 € 1% of the loan amount (loan balance + additional amount), but no less than 195 € 1% of the loan amount, but no less than 195 € 1% of the loan amount, but no less than 195 € 3% of the amount repaid early

2. Working capital loan - application

1% of the loan amount, but no less than 195 €

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- additional application - additional application along with amendment of other terms and conditions of the agreement

1% of the loan amount, but no less than 195 € 1% of the loan amount (loan balance + additional amount), no less than 195 €

- amendment of the terms and conditions of the agreement (except along with an additional application)

1% of the loan amount, but no less than 195 €

- early loan repayment fee

3% of the amount repaid early

3. Overdraft - application

1% of the limit, but no less than 195 €

- additional application

1% of the additional limit, but no less than 195 €

- additional application along with amendment of other terms and conditions of the agreement

1% of the total limit, but no less than 195 €


1% of the limit, but no less than 195 €

- obligation fee

2% of the unused credit limit

4. Revolving credit line - application





1% of the loan amount (loan balance + additional amount), no less than 195 €



- obligation fee

2% of the unused limit per year

5. Apartment association loan - application



1% of the additional amount, no less than 195 €


1% of the loan amount (loan balance + additional amount), no less than 195 €



- amendment of payment dates of the loan repayment schedule or amendment of the type of the schedule


- early loan repayment fee

3% of the amount repaid early

(1) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed. (2) In the event of early repayment of a fixed-interest euro loan in the course of the period of fixation of the loan interest rate, an early repayment fee is charged as a difference between the contractual fixed interest rate of the euro and the fixed interest rate of the euro in the period from the early repayment until the end of the interest rate fixation. The early repayment fee is calculated on the respective period as from the date of early repayment until the contractual date of expiry of the fixation. (3) VAT at the rate of 20% will be added to the price. (4) If the collateral is property, the amount of the compensation may not be bigger than the amount the borrower would have paid as interest in the period between the prepayment date and the loan maturity date. (5) Applies to the agreements concluded since 01.07.2011. (6) Bank will not issue valuation report.

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Factoring Effective as of 01.05.2013 1. Application

up to 1% of the limit per year, but no less than 200 € (1)

2. Amendment of other terms and conditions of the agreement - approval of the amendment of the buyer and the buyer limit

65 € (1)

- buyer credit insurance limit inquiry by request of the customer

65 € (1)

- prolongation of the limit

up to 1% of the limit per year, but no less than 200 € (1)

- increace of the limit

up to 1% of the additional sum per year

- amendment of other terms and conditions of the agreement

no less than 65 € (1)

3. Balance confirmation

10 € (1)

4. Factoring report issuing (earlier than previous month)

10 € month (1)

(1) VAT at the rate of 20% will be added to the price.

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Leasing Private persons 1. VEHICLE AND EQUIPMENT LEASING


- entry into a financial lease or hire purchase agreement (1)

1,5% of the price of the property, no less than 200 €

- entry into a operational lease agreement (1)

1,5% of the price of the property, no less than 200 €

1.1 Amendment of the lease agreement - changing the payment date (first change is free of charge)

30 €

- restoration of the agreement, repayment holiday (along with extending the period regarding the repayment holiday)

65 €

- payment of an additional payment of operating lease if accompanied by an amendment (including repayment schedule amendment) of the lease agreement

160 €

- payment of an additional payment of finance lease and hire-purchase sales agreement if accompanied by an amendment (including repayment schedule amendment) of the lease agreement (in the case of a fixed interest agreement)

160 €

- extension/reduction of the contract period (during the period or at the end of the period) and/or amendment of the type of the contract

120 €

- reduction of the interest rate

1% of the outstanding amount, no less than 65 €

1.2 Early termination of the lease agreement - in the case of an operating lease, finance lease and hire-purchase sales agreement if the agreement has been made before 01 July 2011 If the termination of the agreement takes place within the first 9 months - in the case of operating lease if the agreement has been made after 01 July 2011 If the termination of the agreement takes place within the first 9 months

free of charge the interest until the end of the 9th month free of charge the interest until the end of the 9th month

- in the case of a fixed interest operating lease and hire-purchase sales agreement if the agreement has been made after 01 July 2011

1% of the sum of unpaid instalments if the agreement term expires in 1 year or later; 0.5% of the sum of unpaid instalments if the agreement term expires in less than 1 year

- in the case of a Libor/Euribor operating lease and hire-purchase sales agreement if the agreement has been made after 01 July 2011

free of charge (interest for the period used)

- in case of sale at higher price

65 €

1.3 Penalty

ECB interest rate (3) + 8% (currently 0.022% a day, 8.00% a year)

1.4 Additional services included in the monthly payment Fuel card fee (except full service lease agreement and vehicle management service contract) monthly fee of a card with a limit of 100 €

1€/month

monthly fee of a card with a limit of 200 – 250 €

2,60 €/month


3 €/month


5 €/month

monthly fee of a card with a limit of 700 €

6 €/month

monthly fee of a card with a limit of 1,000 €

7,70 €/month


10 €/month


12 €/month


15 €/month


17 €/month

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1.5 Additional services as a one-off service - one-time transfer service (2)

100 €

- transport of tyres to a tyre hotel within the territory of the same city (2)

38 €

- 24-hour emergency assistance service (2)

85 €

- Registration operations at Maanteeamet. Performed by lessor's employee (expenses of Maanteeamet are added) (2)

39 €

1.6 Other services - preparation and sending of penalty invoices (2)

6,40 €

- penalty for failure to submit insurance when due

up to 10% of the residual cost of property

- power of attorney of giving property to sublessee (2)

19,20 €

- an unattested power of attorney (e.g. using the vehicle, ordering a duplicate to an existing registration certificate, exchange of the license plate, amendment of the user data, etc.) (2)

6,40 €

- formalization of Road Administration e-service transaction (2)

3,20 €

- notarised power of attorney of the vehicle (e.g. using the vehicle) (within 4 working days) (2)

73,50 €

- release of the additional collateral (suretyship, guarantee) (2)

95 €

- payment of the costs of removing the vehicle (added to the direct costs of removing the vehicle) (2)

31 €

- preparation of certificate (2)

6,40 €

- sending a notice on breach and cancellation of the agreement (2)

6,40 €

- sending an extract of the fuel card (2)

3,20 €

- fee for replacement of the fuel card during the lease term due to the customer's fault (2)

3,20 €

- re-formalisation of an invoice

38,35 €

- balance confirmations issued by leaser

9 € (free of charge on the customer’s form)

- balance comparison notices issued by leaser (2)

19 €

- entry into a debt agreement

1% of the outstanding amount, but no less than 159,80 €

- contractual penalty for delays in the timely return of the vehicle

50 €/ day

- document processing fee (2)

31,95 €, but no less than 6,40 €

- vehicle valuation service (incl. passenger cars, caravan cars, motorcycles and ATVs) (2)

50 €

- water craft valuation service (incl. launches, motorboats, yachts and sailing vessels) (2)

110 €

- truck, trailer, heavy machinery valuation service (incl. excavators, tractors, loaders, hoists, combine harvesters and couplings) (2)

80 €

- forestry machinery and equipment valuation service (incl. harvesters, forwarders, manufacturing equipment and machine tools) (2)

130 €

- provision of valuation services on site (vehicles, Tallinn)

valuation service fee + 20 €

- provision of valuation services on site outside of Tallinn (all propery groups) (2)

fee as agreed

Legal persons 2. VEHICLE AND EQUIPMENT LEASING


- entry into a financial lease or hire purchase agreement (1)

1% of the price of the property, no less than 200 €

- entry into a financial lease agreement (1)

1.5% of the price of the property, no less than 200 €

25/55

- entry into a full service lease agreement (2)

1.5% of the price of the property, no less than 200 €

- entry into a vehicle management service contract agreement (2)

40 €

2.1 Amendment of the lease agreement - changing the payment date (first change is free of charge)

30 €

- restoration of the agreement, repayment holiday (along with extending the period regarding the repayment holiday)

65 €

- payment of an additional payment and/or additional financing

160 €

- extension/reduction of the contract period (during the period or at the end of the period) and/or amendment of the type of the contract

160 €

- lowering the interest rate


2.2 Amendment of the full service lease agreement - restoration of the agreement, changing the payment date, repayment holiday (along with extending the period regarding the repayment holiday), amendment of the insurance conditions (2)

78 €

- add services into a full service lease agreement

free of charge

- amendment or removal of the services of the full service lease agreement and of the vehicle management service contract (2)

192 €

- payment of an additional payment and/or additional financing, extension of the contract period (2)

192 €

- reduction of the interest rate


2.3 Early termination of the lease contract - fixed-rate agreement

the interest sum of up to 6 months following termination

- agreement pegged to LIBOR/EURIBOR


- withdrawal from contract at the initiative of the lessee

the contract fee

2.4 Early termination of the full service lease agreement - full service lease agreement

the full service lease payment sum of up to 1 month following termination

- vehicle management service contract

the service payment sum of up to 1 month following termination

2.5 Penalty

0.25% a day

2.6 Additional services included in the monthly payment Fuel card fee (except full service lease agreement and vehicle management service contract) monthly fee of a card with a limit of 100 €

1 €/month


2,60 €/month


3 €/month


5 €/month

monthly fee of a card with a limit of 700 €

6 €/month


7,70 €/month


10 €/month


12 €/month


15 €/month


17 €/month

2.7 Full service lease additional services inclused in the monthly payment - fuel card/additional fuel card fee (2)

5 €/month

- international fuel card fee (2)

5 €/month

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2.8 Additional services as a one-off service - one-time transfer service (2)

100 €

- transport of tyres to a tyre hotel within the territory of the same city (2)

38 €

- 24-hour emergency assistance service (2)

85 €

- registration operations at Maanteeamet. Performed by lessor's employee (expenses of Maanteeamet are added) (2)

39 €

2.9 Other services - preparation and sending of penalty invoices (2)

6,40 €

-penalty for failure to submit insurance when due

up to 10% of the residual cost of property

- power of attorney of giving property to sublessee (2)

19,20 €

- an unattested power of attorney (e.g. using the vehicle, ordering a duplicate to an existing registration certificate, exchange of the license plate, amendment of the user data, etc.) (2)

6,40 €

- formalization of Road Administration e-service transaction (2)

3,20 €

- notarised power of attorney of the vehicle (e.g. using the vehicle, ordering a duplicate in the case of losing the registration certificate) (within 4 working days) (2)

73,50 €

- release of the additional collateral (suretyship, guarantee)

95 €

- payment of the costs of removing the vehicle (added to the direct costs of removing the vehicle) (2)

31 €

- preparation of certificate (2)

6,40 €

- sending a notice on breach and cancellation of the agreement (2)

6,40 €

- sending an extract of the fuel card (2)

3,20 €

- fee for replacement of the fuel card during the lease term due to the customer’s fault (2)

3,20 €

- re-formalisation of an invoice

38,35 €

- balance confirmations issued by leaser

9 €, free of charge on the customer’s form

- balance comparison notices issued by leaser (2)

19 €

- entry into a debt agreement

1% of the outstanding amount, but no less than 159,80 €

- contractual penalty for delays in the timely return of the vehicle

50 €/day

- document processing fee (2)

31,95 € , but no less than 6,40 €

- vehicle valuation service (incl. passenger cars, caravan cars, motorcycles and ATVs) (2)

50 €

- water craft valuation service (incl. launches, motorboats, yachts and sailing vessels) (2)

110 €

- truck, trailer, heavy machinery valuation service (incl. excavators, tractors, loaders, hoists, combine harvesters and couplings) (2)

80 €

- forestry machinery and equipment valuation service (incl. harvesters, forwarders, manufacturing equipment and machine tools) (2)

130 €

- provision of valuation services on site (vehicles, Tallinn)

valuation service fee + 20 €

- provision of valuation services on site outside of Tallinn (all propery groups (2)

fee as agreed

2.10 Small leasing of equipment - agreement amendment fee

65 €

- fee for re-formalisation of the contract to another person (debt transfer agreement)

65 €

- early termination fee


(1) No agreement fee is charged upon using the financing of the Rural Development Foundation. (2) The price is inclusive of VAT at the rate of 20%. (3) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate).

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Transactions in securities 01.09.2016

Private persons   

For further details on amounts payable or paid please contact the Bank. If the Bank is obliged to pay taxes, fees, interest, penalties or incur other similar costs as a result of the administration of the Client’s Securities Account or the Securities Transactions that are not included in the Bank’s price list, the Bank shall have the right to debit said amounts from the Client’s Current Account in the extent of said amounts without the consent of the Client. For further information on Securities Transactions made available to non-Clients please contact the Bank. Securities Transactions of non-Clients are subject to double fees.

1.

Account Opening (1)

-

Securities account Internet bank

Free of charge

Branch office

4€

-

Brokerage account

Free of charge

-

Joint securities account

-

Savings account

2.

Account Closing (1)

-

Securities account

-

Brokerage account

-


-

Savings account

3.

Account Transfer (1) (2)

-

Securities account balance transfer with ECSD registered securities from another account administrator

-

Securities account balance transfer with ECSD registered securities to another account administrator

-

Bank internal securities account balance transfer (3) (4)

4.

Trading: Orders through Bank Channels (5) (6)

63,91 € Not possible

Free of charge

Free of charge

19,17 €

Brokerage Account (Only Internet Bank)

Securities Account Minimum Trading Fee

Stock Exchange

Estonia

OMX Tallinn

0.20%

3,20 €

0.10%

3,20 €

Latvia

OMX Riga

0.20%

3,20 €

0.10%

3,20 €

Lithuania

OMX Vilnius

0.20%

3,20 €

0.10%

3,20 €

Sweden

OMX Stockholm

0.20%

18,85 €

0.15%

14,06 €

Finland

OMX Helsinki

0.20%

18,85 €

0.15%

14,06 €

Denmark

OMX Copenhagen

0.20%

18,85 €

0.15%

14,06 €

Norway

Oslo SE

0.20%

18,85 €

0.15%

14,06 €

NYSE

0.20%

18,85 €

0.15%

14,06 €

NASDAQ

0.20%

18,85 €

0.15%

14,06 €

OTC

0.20%

18,85 €

0.15%

14,06 €

Canada

Toronto SE

0.20%

18,85 €

0.15%

14,06 €

Germany

Xetra

0.20%

18,85 €

0.15%

14,06 €

Italy

Borsa Italiana

0.20%

18,85 €

0.15%

14,06 €

USA

Trading Fee

Minimum Trading Fee

Country

Trading Fee

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Stock Exchange

The Netherlands

Euronext Amsterdam

0.20%

18,85 €

0.15%

14,06 €

France

Euronext Paris

0.20%

18,85 €

0.15%

14,06 €

Portugal

Euronext Lisbon

0.20%

18,85 €

0.15%

14,06 €

Belgium

Euronext Brussels

0.20%

18,85 €

0.15%

14,06 €

Spain

Madrid SE

0.20%

18,85 €

0.15%

14,06 €

London SE

0.20%

18,85 €

0.15%

14,06 €

London International (Russian and other GDRs)

0.20%

0.15%

14,06 €

Ireland (7)

Dublin SE

0.20%

18,85 €

0.15%

14,06 €

Switzerland

SIX Swiss SE

0.20%

18,85 €

0.15%

14,06 €

Austria

Vienna SE

0.25%

18,85 €

0.20%

14,06 €

Hungary

Budapest SE

0.25%

18,85 €

0.20%

14,06 €

Czech

Prague SE

0.25%

18,85 €

0.20%

14,06 €

Poland

Warsaw SE

0.25%

18,85 €

0.20%

14,06 €

Russia

Moscow Exchange MICEXRTS

0.30%

50,81 €

0.30%

50,81 €

UK (7)

5.

Trading Fee

Minimum Trading Fee

Country

Trading Fee

18,85 €

Trading: Orders Through Bank Brokerage (5) (8) (9)

Country

Stock Exchange

Estonia

OMX Tallinn

0.20%

6,39 €

Latvia

OMX Riga

0.20%

14,00 €

Lithuania

OMX Vilnius

0.20%

14,00 €

Sweden

OMX Stockholm

0.20%

250,00 SEK

Finland

OMX Helsinki

0.20%

25,00 €

Denmark

OMX Copenhagen

0.20%

200,00 DKK

Norway

Oslo SE

0.20%

200,00 NOK

NYSE

0.20%

25,00 USD

NASDAQ

0.20%

25,00 USD

OTC

0.20%

25,00 USD

Canada

Toronto SE

0.20%

25,00 CAD

Germany

Xetra

0.20%

25,00 €

Italy

Borsa Italiana

0.20%

25,00 €

The Netherlands

Euronext Amsterdam

0.20%

25,00 €

France

Euronext Paris

0.20%

25,00 €

Portugal

Euronext Lisbon

0.20%

25,00 €

Belgium

Euronext Brussels

0.20%

25,00 €

Spain

Madrid SE

0.20%

25,00 €

London SE

0.20%

25,00 GBP


0.20%

25,00 USD

Ireland (7)

Dublin SE

0.20%

25,00 €

Switzerland

SIX Swiss SE

0.20%

35,00 CHF

Austria

Vienna SE

0.25%

25,00 €

USA

UK (7)

Trading Fee

Minimum Trading Fee

29/55

Country

Stock Exchange

Hungary

Budapest SE

0.25%

7000,00 HUF

Czech

Prague SE

0.25%

650,00 CZK

Poland

Warsaw SE

0.25%

100,00 PLN

Russia

Moscow Exchange MICEX-RTS

0.30%

150,00 USD

Bulgaria

Sofia SE

0.60%+150,00 BGN

150,00 BGN

Slovakia

Bratislava SE

0.70%

75,00 €

Slovenia

Ljubljana SE

0.70%

75,00 €

Croatia

Zagreb SE

0.75%

550,00 HRK

Romania

Bucharest SE

0.85%

325,00 RON

Serbia

Belgrade SE

0.80%

7500,00 RSD

Turkey

ISE

0.25%

150,00 TRY

6. -

Trading Fee

Minimum Trading Fee

Transactions in Estonian Securities

Delivery/ receipt of securities without payment against defined counterparty (10) On brokerage account

4,79 € 6,39 €

-

Delivery/ receipt of securities against payment against defined counterparty

3,20 €

-

Confirmation of stock exchange transaction

3,20 €

-

Registering/ changing a pledge (11)

8,00 €

-

Transaction with pledged securities (12)

-

Swedbank interest bond

19,17 €

Subscription

3,20 €

Pre-mature redemption

3,20 €

Redemption

Free of charge

-

Subscription to a new issue

3,20 €

-

Participating in an offer

3,20 €

-

Based on enforcement instruments

Transaction fee

-

Securities transaction cancellation (13)

Transaction fee

7.

Transactions in Foreign Securities

-

Bank internal securities transaction (10)

6,39 €

-


3,98 €

-

Bank external securities transaction, settlement on according local market Latvian, Lithuanian securities

19,17 €

Finnish, Swedish, Norwegian, Danish securities

31,96 €

Other securities (7)

19,17 €

-


9,59 € + actual costs

-



-


Transaction fee

-

Securities transaction cancellation (13)

Transaction fee

8. -

Transactions in Estonian Fund Units (14)

Subscription With fund order

1,28 €

30/55

With standing order

0,64 €

With ECSD payment order (15)

1,60 €

Swedbank voluntary pension fund units -

Free of charge

Redemption With fund order

1,28 €

With non-fund order

4,79 €


6,39 €

-

Switch

4,79 €

-

Transaction without payment against defined counterparty

4,79 €

-

Transaction with payment against defined counterparty

3,20 €

-

Transactions with voluntary pension fund units Transfer (2) Redemption 3,20 €

Redemption application with entry into an additional funded pension insurance agreement (16) Transfer of inhereted units to inheritor securities account Redemption of inhereted voluntary pension fund units -

Securities transaction cancellation 9.

-

-

Transaction fee

Transactions in Foreign Fund Units (14) (17) (18) 1.00% + 6,39 €

Subscription Foreign bond fund

0.50% + 6,39 €

Within fund portfolio

1.00% + 0,64 €

With standing order

0,64 € 1.00% + 6,39 €

Redemption Foreign bond fund

0.00% + 6,39 €

On savings account

0.00% + 6,39 €


Transaction fee 12,78 €

-

Switch

-


6,39 €

-


6,39 €

-

Securities transaction cancellation

Transaction fee

10. Monthly Securities Account Maintenance Fees (per Country) (19) (20) Country

Maintenance Fee

Minimum Maintenance Fee

-

Brokerage account

0.012%

3,20 €

-

Savings account

0.025%

1,28 €

-

Estonia (21) Up to 6391 €

0,64 €

0,64 €

From 6392 € to 63912 €

3,20 €

3,20 €

Over 63912 €

4,79 €

4,79 €

0.01%

1,60 €

0.003%

0,64 €

0.01%

0,96 €

0.05%

1,28 €

0.025%

1,28 €

-

Latvia (21)

-

Lithuania (21)

-

Finland, Sweden, Norway, Denmark

-

CEE, CIS countries

-

Poland, Czech, Hungary

31/55

Country

Maintenance Fee


-

Russia

0.06%

31,96 €

-

Other

0.01%

0,96 €

-

Estonian fund units Up to 6391 €

0,64 €

0,64 €

From 6392 € to 63912 €

3,20 €

3,20 €

Over 63912 €

4,79 €

4,79 €

0.025%

3,20 €

-

Foreign fund units

-

Swedbank interest bonds

Free of charge

Free of charge

-

Swedbank structured bonds

Free of charge

Free of charge

-

Empty securities account

0,64 €

0,64 €

-

Empty joint securities account

0,64 €

0,64 €

-

Empty brokerage account

3,20 €

3,20 €

-

Empty savings account

1,28 €

1,28 €

11. ECSD Account Statements (Frequency: Day, Decade, Month, Quarter, Year) (22) -

By post in Estonia

0,96 € + VAT 20%

-

By post abroad

1,92 € + VAT 20%

-

By e-mail

0,32 € + VAT 20%

-

Cancellation of account statement

0,64 € + VAT 20%

12. Bank Account Staements (Frequency: Day, Decade, Month, Quarter, Year) -

By fax in Estonia

0,64 € + VAT 20%

-

By fax abroad

1,60 € + VAT 20%

-

From Bank branch office – up to two months old transactions

0,64 € + VAT 20%

-

From Bank branch office – more than two months old transactions

1,28 € + VAT 20%

-

From Bank branch office – printing a transaction order copy

0,13 € + VAT 20%

13. Other Services -

Participation in a general shareholder’s meeting

-

Tax reclaim

-

Income tax relief at source

Separately agreed fee + VAT 20%

(1) Information on various securities accounts types terms and conditions is available by the way of contacting the Bank. (2) Permitted only between the securities accounts of the same Client. (3) Fee is debited from current account linked with a securities account. (4) In case of foreign securities the possibility of the operation must be verified with the Bank. (5) Only equity sales, incl exchange traded foreign funds. (6) Trading fee is debited in trading currency. (7) A stamp duty is charged on transactions with UK and Irish securities. The standard rate of buy transaction conducted with securities registered in the UK is 0.50% or Ireland is 1.00% from the value of transaction. In certain events a higher rate (1.5%), a bonus rate or tax exemption can be applied for securities registered in UK. (8) Transaction fee will be added as stipulated in section 6. and 7 of this fee schedule. (9) Trading through Bank brokerage requires the existence of the Master Agreement for Financial Transactions. Information on the Agreement is available by the way of contacting the Bank. (10) Free of charge if the transfer of securities to brokerage account is from the securities account of the same Client. (11) Fee is charged from both parties of the pledge contract to register or change the pledge. (12) Fee for delivery of securities against payment against defined counterparty is charged from a party submitting the sale order. The party submitting the buy order is charged fee for receipt of securities without payment against defined counterparty. (13) Trading order cannot be cancelled. (14) A commission fee may be added dependent on the rules of respective fund except when subscribing Swedbank voluntary pension fund units. (15) Cash transfer fee will be added; the fund unit in registered in ECSD. (16) Free of charge if the supplementary funded pension insurance agreement is signed with Swedbank Life Insurance SE. (17) A third party fee up to 100,00 € may bee added per transaction.

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(18) Excluding exchange traded fund units; transaction fee stipulated in section 7 of this fee schedule is applied. (19) VAT 20% added according to Value-Added Tax Act. No VAT is added if the securities portfolio comprises only the units or shares of an investment fund specified in the Investment Funds Act or the units or shares of an investment fund of the European Economic Area member state. (20) The monthly maintenance fee is calculated on the basis of the value of the portfolio on the last date of the calendar month. The value of the portfolio is calculated on the basis of the end-of-the-month price given by the depository of the respective security, market price of the respective security or the nominal value. Upon calculation of the market value of the securities registered in the ECSD, it shall be proceeded from the price determined by the ECSD. The nominal value is taken into account in case of bonds. The value of the portfolio of Russian securities is calculated based on the information received from the sub-custodian. The monthly securities account maintenance fees are debited on the 20th day of the month following each calendar month or later from the Client current account linked with a securities account. (21) No monthly securities account maintenance fee is charged if Client only holds securities of either Estonian, Latvian or Lithuanian companies currently under liquidation or in bankrupt and for which Estonian Central Register of Securities, Latvian Central Depository or Central Securities Depository of Lithuania does not charge the account maintenance fee, i.e. there are no other Estonian, Latvian, Lithuanian or other foreign companies’ securities on Client’s securities account. After cancelling those securities in Estonian Central Register of Securities, Latvian Central Depository and Central Securities Depository of Lithuania monthly maintenance fee of empty securities account will be applied according to clause 10 of this fee schedule. (22) Free of charge, once a year on the basis of the relevant application of the Client. (23) Fee will be added as stipulated in section 5 of this fee schedule.

Legal persons   

For further details on amounts payable or paid please contact the Bank. If the Bank is obliged to pay taxes, fees, interest, penalties or incur other similar costs as a result of the administration of the Client’s Securities Account or the Securities Transactions that are not included in the Bank’s price list, the Bank shall have the right to debit said amounts from the Client’s Current Account in the extent of said amounts without the consent of the Client. For further information on Securities Transactions made available to non-Clients please contact the Bank. Securities Transactions of non-Clients are subject to double fees.

1.

Account Opening (1)

-

Securities account

-

Pledge account

-

Strategic investments account

-

Brokerage account

-


2.

Account Closing (1)

-

Securities account

-

Pledge account

-

Strategic investments account

-

Brokerage account

-


3.

Account Transfer (1) (2)

-

Securities account balance transfer with ECSD registered securities from another account administrator

-

Securities account balance transfer with ECSD registered securities to another account administrator

-

Bank internal securities account balance transfer (3) (4)

4.

Trading: Orders through Bank Channels (5) (6)

25,56 €

Free of charge 63,91 €

Free of charge

Free of charge

19,17 €

Securities Account Trading Fee


Minimum Trading Fee

Trading Fee

Minimum Trading Fee

Country

Stock Exchange

Estonia

OMX Tallinn

0.20%

3,20 €

0.10%

3,20 €

Latvia

OMX Riga

0.20%

3,20 €

0.10%

3,20 €

Lithuania

OMX Vilnius

0.20%

3,20 €

0.10%

3,20 €

Sweden

OMX Stockholm

0.20%

18,85 €

0.15%

14,06 €

33/55


Minimum Trading Fee

Country

Stock Exchange

Finland

OMX Helsinki

0.20%

18,85 €

0.15%

14,06 €

Denmark

OMX Copenhagen

0.20%

18,85 €

0.15%

14,06 €

Norway

Oslo SE

0.20%

18,85 €

0.15%

14,06 €

NYSE

0.20%

18,85 €

0.15%

14,06 €

NASDAQ

0.20%

18,85 €

0.15%

14,06 €

OTC

0.20%

18,85 €

0.15%

14,06 €

Canada

Toronto SE

0.20%

18,85 €

0.15%

14,06 €

Germany

Xetra

0.20%

18,85 €

0.15%

14,06 €

Italy

Borsa Italiana

0.20%

18,85 €

0.15%

14,06 €

The Netherlands

Euronext Amsterdam

0.20%

18,85 €

0.15%

14,06 €

France

Euronext Paris

0.20%

18,85 €

0.15%

14,06 €

Portugal

Euronext Lisbon

0.20%

18,85 €

0.15%

14,06 €

Belgium

Euronext Brussels

0.20%

18,85 €

0.15%

14,06 €

Spain

Madrid SE

0.20%

18,85 €

0.15%

14,06 €

London SE

0.20%

18,85 €

0.15%

14,06 €


0.20%

18,85 €

0.15%

14,06 €

Ireland (7)

Dublin SE

0.20%

18,85 €

0.15%

14,06 €

Switzerland

SIX Swiss SE

0.20%

18,85 €

0.15%

14,06 €

Austria

Vienna SE

0.25%

18,85 €

0.20%

14,06 €

Hungary

Budapest SE

0.25%

18,85 €

0.20%

14,06 €

Czech

Prague SE

0.25%

18,85 €

0.20%

14,06 €

Poland

Warsaw SE

0.25%

18,85 €

0.20%

14,06 €

Russia

Moscow Exchange MICEXRTS

0.30%

50,81 €

0.30%

50,81 €

USA

UK (7)

5.

Trading Fee

Brokerage Account (Only Internet Bank) Trading Fee

Trading: Orders Through Bank Brokerage (5) (8) (9)

Country

Stock Exchange

Estonia

OMX Tallinn

0.20%

6,39 €

Latvia

OMX Riga

0.20%

14,00 €

Lithuania

OMX Vilnius

0.20%

14,00 €

Sweden

OMX Stockholm

0.20%

250,00 SEK

Finland

OMX Helsinki

0.20%

25,00 €

Denmark

OMX Copenhagen

0.20%

200,00 DKK

Norway

Oslo SE

0.20%

200,00 NOK

NYSE

0.20%

25,00 USD

NASDAQ

0.20%

25,00 USD

OTC

0.20%

25,00 USD

Canada

Toronto SE

0.20%

25,00 CAD

Germany

Xetra

0.20%

25,00 €

Italy

Borsa Italiana

0.20%

25,00 €

The Netherlands

Euronext Amsterdam

0.20%

25,00 €

France

Euronext Paris

0.20%

25,00 €

Portugal

Euronext Lisbon

0.20%

25,00 €

USA

Trading Fee

Minimum Trading Fee

34/55

Country

Stock Exchange

Belgium

Euronext Brussels

0.20%

25,00 €

Spain

Madrid SE

0.20%

25,00 €

UK (7)

London SE

0.20%

25,00 GBP


0.20%

25,00 USD

Ireland (7)

Dublin SE

0.20%

25,00 €

Switzerland

SIX Swiss SE

0.20%

35,00 CHF

Austria

Vienna SE

0.25%

25,00 €

Hungary

Budapest SE

0.25%

7000,00 HUF

Czech

Prague SE

0.25%

650,00 CZK

Poland

Warsaw SE

0.25%

100,00 PLN

Russia

Moscow Exchange MICEX-RTS

0.30%

150,00 USD

Bulgaria

Sofia SE

0.60%+150,00 BGN

150,00 BGN

Slovakia

Bratislava SE

0.70%

75,00 €

Slovenia

Ljubljana SE

0.70%

75,00 €

Croatia

Zagreb SE

0.75%

550,00 HRK

Romania

Bucharest SE

0.85%

325,00 RON

Serbia

Belgrade SE

0.80%

7500,00 RSD

Turkey

ISE

0.25%

150,00 TRY

6. -

Trading Fee

Minimum Trading Fee

Transactions in Estonian Securities

Delivery/ receipt of securities without payment against defined counterparty (10) On brokerage account

4,79 € 6,39 €

-

Delivery/ receipt of securities against payment against defined counterparty

3,20 €

-

Confirmation of stock exchange transaction

3,20 €

-

Registering/ changing a pledge (11)

8,00 €

-

Transaction with pledged securities (12)

-

Changing financial pledge

-

19,17 €

Changing of pledgee (13)

25,56 €

Changing of other records

Free of charge

Swedbank interest bond Subscription

3,20 €

Pre-mature redemption

3,20 €

Redemption

Free of charge

-


3,20 €

-


3,20 €

-

Securities transaction cancellation (14) 7.

Transaction fee

Transactions in Foreign Securities

-


6,39 €

-


3,98 €

-

Bank external securities transaction, settlement on according local market Latvian, Lithuanian securities

19,17 €

Finnish, Swedish, Norwegian, Danish securities

31,96 €

35/55

19,17 €

Other securities (7) -



-



-

Securities transaction cancellation (14) 8.

-

-

Transaction fee

Transactions in Estonian Fund Units (15)

Subscription With fund order

1,28 €

With standing order

0,64 €

With ECSD payment order (16)

1,60 €

Redemption With fund order

1,28 €

With non-fund order

4,79 €

-

Switch

4,79 €

-


4,79 €

-


3,20 €

-

Securities transaction cancellation 9.

-

Transaction fee

Transactions in Foreign Fund Units (15) (17) (18) 1.00% + 6,39 €

Subscription Foreign bond fund

0.50% + 6,39 €

Within fund portfolio

1.00% + 0,64 €

With standing order

0,64 € 1.00% + 6,39 €

-

Redemption

-

Switch

-


6,39 €

-


6,39 €

-

Securities transaction cancellation

0.00% + 6,39 €

Foreign bond fund

12,78 €

Transaction fee

10. Monthly Securities Account Maintenance Fee (per Country) (19) (20) Country

Maintenance Fee


0.012%

3,20 €

4,79 €

4,79 €

Up to 3195582 €

0.003%

9,59 €

Over 3195582 €

95,87 € + 0.001% for portfolio over 3195582 €

95,87 €

0.01%

9,59 €

0.003%

6,39 €

0.01%

4,79 €

-

Brokerage account

-

Strategic investment account (24)

-

Estonia (21)

-

Latvia (21)

-

Lithuania (21)

-

Finland, Sweden, Norway, Denmark

-

CEE, CIS countries

-

Poland, Czech, Hungary

-

0.05%

6,39 €

0.025%

6,39 €

Russia

0.06%

31,96 €

-

Other

0.01%

4,79 €

-

Estonian fund units 0.003%

9,59 €

Up to 3195582 €

36/55

Over 3195582 €

95,87 € + 0.001% for portfolio over 3195582 €

95,87 €

-

Foreign fund units

0.025%

3,20 €

-

Swedbank interest bonds

Free of charge

Free of charge

-

Swedbank structured bonds

Free of charge

Free of charge

-

Empty securities account

6,39 €

6,39 €

-

Empty joint securities account

6,39 €

6,39 €

-

Empty brokerage account

3,20 €

3,20 €

-

Empty strategic investment account

4,79 €

4,79 €

11. ECSD Account Statements (Frequency: Day, Decade, Month, Quarter, Year) (22) -

By post in Estonia

0,96 € + VAT 20%

-

By post abroad

1,92 € + VAT 20%

-

By e-mail

0,32 € + VAT 20%

-

Cancellation of account statement

0,64 € + VAT 20%

12. Bank Account Staements (Frequency: Day, Decade, Month, Quarter, Year) -

By fax in Estonia

0,64 € + VAT 20%

-

By fax abroad

1,60 € + VAT 20%

-

From Bank branch office – up to two months old transactions

0,64 € + VAT 20%

-

From Bank branch office – more than two months old transactions

1,28 € + VAT 20%

-

From Bank branch office – printing a transaction order copy

0,13 € + VAT 20%

13. Other Services -

Participation in a general shareholder’s meeting

-

Tax reclaim

-

Income tax relief at source

Separately agreed fee + VAT 20%

(1) Information on various securities accounts types terms and conditions is available by the way of contacting the Bank. (2) Permitted only between the securities accounts of the same Client. (3) Fee is debited from current account linked with a securities account. (4) In case of foreign securities the possibility of the operation must be verified with the Bank. (5) Only equity sales, incl exchange traded foreign funds. (6) Trading fee is debited in trading currency. (7) A stamp duty is charged on transactions with UK and Irish securities. The standard rate of buy transaction conducted with securities registered in the UK is 0.50% or Ireland is 1.00% from the value of transaction. In certain events a higher rate (1.5%), a bonus rate or tax exemption can be applied for securities registered in UK. (8) Transaction fee will be added as stipulated in section 6. and 7 of this fee schedule. (9) Trading through Bank brokerage requires the existence of the Master Agreement for Financial Transactions. Information on the Agreement is available by the way of contacting the Bank. (10) Free of charge if the transfer of securities to brokerage account is from the securities account of the same Client. (11) Fee is charged from both parties of the pledge contract to register or change the pledge. (12) Fee for delivery of securities against payment against defined counterparty is charged from a party submitting the sale order. The party submitting the buy order is charged fee for receipt of securities without payment against defined counterparty. (13) Fee is charged from new pledgee. (14) Trading order cannot be cancelled. (15) A commission fee may be added dependent on the rules of respective fund. (16) Cash transfer fee will be added; the fund unit in registered in ECSD. (17) A third party fee up to 100,00 € may bee added per transaction. (18) Excluding exchange traded fund units: transaction fee stipulated in section 7 of this fee schedule is applied. (19) VAT 20% added according to Value-Added Tax Act. No VAT is added if the securities portfolio comprises only the units or shares of an investment fund specified in the Investment Funds Act or the units or shares of an investment fund of the European Economic Area member state. (20) The monthly maintenance fee is calculated on the basis of the value of the portfolio on the last date of the calendar month. The value of the portfolio is calculated on the basis of the end-of-the-month price given by the depository of the respective security, market price of the respective security or the nominal value. Upon calculation of the market value of the securities registered in the ECSD, it shall be proceeded from the price determined by the ECSD. The nominal value is taken into account in case of bonds. The value of the portfolio of Russian securities is calculated

37/55

based on the information received from the sub-custodian. The monthly securities account maintenance fees are debited on the 20th day of the month following each calendar month or later from the Client current account linked with a securities account. (21) No monthly securities account maintenance fee is charged if Client only holds securities of either Estonian, Latvian or Lithuanian companies currently under liquidation or in bankrupt and for which Estonian Central Register of Securities, Latvian Central Depository or Central Securities Depository of Lithuania does not charge the account maintenance fee, i.e. there are no other Estonian, Latvian, Lithuanian or other foreign companies’ securities on Client’s securities account. After cancelling those securities in Estonian Central Register of Securities, Latvian Central Depository and Central Securities Depository of Lithuania monthly maintenance fee of empty securities account will be applied according to clause 10 of this fee schedule. (22) The annual statement is issued automatically free of charge. The price of a repeated statement is two times the initial price. (23) Fee will be added as stipulated in section 5 of this fee schedule. (24) Fee applies to legal persons holding only non-listed Estonian sercurities.

38/55

Mandatory funded pension Effective as of 01.08.2011

1. Submission of a selection application 1.1 A funded pension selection application

free of charge

1.2 A funded pension selection application in the Internet Banking

free of charge

1.3 A funded pension selection application through an authorised private person

4,79 €

1.4 Funded pension selection application through an authorised legal person

4,79 €

2. Exchange of the pension fund 2.1 Pension fund exchange application

free of charge

2.2 Pension fund exchange application through an authorised private person

7,99 €

2.3 Pension fund exchange application through an authorised legal person

7,99 €

3. Succession application 3.1 An application where it is requested that the inherited pension fund units be recovered

20 €

3.2 An application where it is requested that the inherited pension fund units be transferred to the successor’s pension account

3€

4. Pension account statements 4.1 Confirmation of subscription in a bank branch or in the Internet Banking

free of charge

4.2 Pension account balance notice

free of charge

4.3 Pension account operations (1)

1,60 €

4.4 Pension account operations in the Internet Banking

free of charge

5. Submission of Payout Applications 5.1 Single Payout Application

free of charge

5.2. Funded Pension Application

free of charge

5.3 Funded Pension Amendment Application

free of charge

5.4 Funded Pension Termination Application

free of charge

(1) VAT at the rate of 20% will be added to the price.

39/55

Electronic channels INTERNET-BANK FOR BUSINESS CLIENTS


Package I - monthly fee

free of charge

- intra-bank payment in EUR

0,16 €

- domestic payment in EUR

0,38 €

Package II - monthly fee

20 €


0,06 €


0,38 €

Monthly fee of the group account module

20 €

Monthly fee of Baltic Reports

13 €

Monthly fee of Baltic Reports for the customers of the group account module of internetbank for business clients

6,40 €

SWEDBANK GATEWAY


Package I – payments and account information - subscription, including ordering the device sertificate

50 €

- monthly fee

25 €


0,16 €


0,38 €

- current day account statement

0,50 €/ query

Package II – payments, account information and other services (e.g. alert, e-bill) - subscription

50 €

- monthly fee

50 €


0,16 €


0,38 €

- current day account statement

0,50 €/ query

- alert

0,10 €/ alert

INTERNET BANK FOR PRIVAT CLIENTS


Monthly fee

free of charge

Intra-bank payment in EUR

0,16 €

- for up to 25-year-olds (incl.)

free of charge (1)

- for seniors (over 60 years of age, incl.)

free of charge (1)

Domestic payment in EUR

0,38 €

Notification of services by an SMS or e-mail at the customer’s request

0,19 €

TELEPHONE BANK


Subscription

free of charge

Monthly fee of the operator service

free of charge

Payments via the operator service - intra-bank payment in EUR

2,30 €


3,20 €

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MOBILE


Balance in mobile - entry into an agreement

free of charge

- each balance query (a call at number 1503)

call minute charge according to the operator’s price list, Swedbank does not charge extra

Alerts - entry into an agreement

free of charge

- each alert sent by the bank

0,19 €

Mobile payment Private person - subscription fee

none

- mobile payment from a private person to a private person (intra-bank and domestic)

free of charge

- receipt of a mobile payment

free of charge

- call minute charge

call minute charge according to the operator’s price list, Swedbank does not charge extra

BANK LINK


Subscription

65 €

Transaction fee

1% of the purchase price, no less than 0,13 € but no more than 3,20 € per transaction

Authentication fee

0,11 € per instance (2)

Amendment of a Bank link agreement

15 €

FEES OF IDENTIFICATION TOOLS USED IN ELECTRONIC CHANNELS


Issuing a PIN calculator

15 €

Unlocking a PIN calculator

2€

Replacement of a password card

3€

Issuing a client’s confirmation certificate (B4B) on a crypto-stick (3)

125 €

Issuing a company's device certificate (4)

40 €

The prices of payments made in electronic channels (Internet Banking, Internet-Bank for business clients, Swedbank Gateway) have been given under the Bank transfers menu item. (1) The discount only applies when making payments from one’s own account. (2) VAT at the rate of 20% will be added to the price. (3) The period of validity of the certificate on a crypto-stick is in the certificate's data. The certificate on the crypto-stick is used for signing payments in the Swedbank Gateway channel. (4) The period of validity of the certificate is marked in the certificate's data. Device Certificate is the electronic certificate with which the client’s information system creates the connection to Swedbank Gateway and confirms the messages sent to the bank.

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Documentary credits, collections and guarantees Effective as of 18.05.2015 1. Guarantees and standby letters of credit 1.1. Contract fee Fee for issuing the guarantee or stand-by letter of credit. Fee shall also be charged in the event of extending the guarantee or stand-by letter of credit and/or increasing the amount thereof. When increasing the amount of the guarantee or stand-by letter of credit without extending the validity the fee shall be calculated on the increased amount. 1.2 Risk fee Fee for issuing a guarantee or stand-by letter of credit without any cash cover, i.e. for issuing a guarantee or letter of credit without debiting upon issuance the amount of the guarantee or letter of credit from the applicant’s current account. 1.3 Advising fee Fee for verifying the authenticity of the guarantee or stand-by letter of credit and/or notifying the beneficiary of the guarantee or stand-by letter of credit.

validity period up to 1 year (incl.), 0.5% p.a. but not less than 79 € validity period longer than 1 year, 0.5% of the amount, but not less than 79 €

shall be specified separately for each applicant

79 €

1.4 Fee for using non-standard wording Fee for using non-standard wording of the guarantee or standby letter of credit insisted by the beneficiary. The fee shall be calculated as a percentage of the amount of the guarantee or standby letter of credit. Swedbank shall have to have approved the wording in advance.

0,15%, but not less than 100 € and not more than 200 €

1.5 Amendment fee Fee for amending the guarantee or standby letter of credit, verifying the authenticity of the amendments and/or notifying the beneficiary of the amendments. Fee shall not be applied when extending Swedbank guarantee or stand-by letter of credit and/or increasing the amount thereof.

79 €

1.6 Fee for handling of a claim Fee for handling the guarantee or standby letter of credit claim documents and/or forwarding the claim documents. The fee shall be calculated as a percentage of the amount of the claim. If the amount of the fee is below the established minimum limit, the fee shall be the corresponding minimum limit.

0,1%, but not less than 150 €

2. Import documentary credits (except standby letters of credit): Swedbank client is the applicant for the documentary credit, i.e. the purchaser of goods or services 2.1 Fee for opening a documentary credit with cash cover 2.2 Risk fee Fee for opening a documentary credit (credit) without any cash cover, i.e. for opening a credit in the event of which upon issuance the amount of the credit is not debited from the applicant’s account.

1% p.a. shall be specified separately for each applicant

2.3 Issuing commission Commission for assuming an irrevocable financial and temporary liability against the seller, i.e. the beneficiary of the credit (beneficiary). The commission shall be calculated as a percentage of the maximum amount of the credit, proceeding from the term of the credit, which is calculated in calendar days. The term shall commence on the day of issuing a credit and expire on the day of expiry thereof. If the amount of the issuing commission is below the established minimum limit, the issuing commission shall be the corresponding minimum limit. The issuing commission shall also be charged in the event of extending the credit and/or increasing the amount thereof. If the validity of a credit is 1-90 days

the issuing commission shall be 0.25% of the maximum amount of the credit, but not less than 100 €

validity 91-180 days

0.5%, but no less than 200 €


0.75%, but no less than 300 €


1%, but no less than 400 €

validity more than 360 days

fee as agreed

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2.4 Documentary and/or payment commission Commission for verification of compliance of one set of documents or payment of money on the basis of a credit if the applicant does not wish the documents to be submitted. The commission shall be calculated as a percentage of the value of the documents or the amount of the payment. If the amount of the commission is below the established minimum limit, the commission shall be the corresponding minimum limit.

0.1%, but not less than 100 €

2.5 Amendment fee Fee for amending the terms and conditions or cancellation of the credit if the applicant or the beneficiary or any other party to the credit has applied for amending the terms and conditions or cancellation of the credit following opening a credit. No fee shall be charged if the beneficiary initiates cancellation of the credit, i.e. refuses the credit.

79 €

2.6 Deferred payment and/or acceptance fee Fee for the following: the credit is paid out at maturity following the acceptance of the bill of exchange or the credit is paid out on a certain day calculated pursuant to a formula specified in the terms and conditions of the credit.

79 €

2.7 Fee for release of the goods Fee for assigning the right of ownership of the goods if the goods have been sent to the name of Swedbank. The fee shall be calculated as a percentage of the value of the documents. If the amount of the fee is below the established minimum limit, the fee shall be the corresponding minimum limit. No fee shall be charged if the goods have been sent to the name of Swedbank upon the request of Swedbank. 2.8 Transfer commission Commission for the following: upon the request of the beneficiary, Swedbank transfers the transferable credit to second beneficiary. The commission shall be calculated as a percentage of the amount of the transferred credit. If the amount of the commission is below the established minimum limit, the commission shall be the corresponding minimum limit. 2.9 Pre-Advice of the credit Fee for notifying the beneficiary of the preliminary advice of the issuance or amendment of the credit. 2.10 Discrepancy fee Fee for time cost and other costs if the beneficiary has submitted documents not in accordance with the terms and conditions of the credit. The fee shall be paid by the beneficiary.



50 €

60 € or USD 78 (1)

3. Export documentary credits: Swedbank client is the beneficiary of the documentary credit, i.e. the seller of goods or services 3.1 Advising fee Fee for verifying the authenticity of the credit and/or notifying the beneficiary of a credit of the same 3.2 Documentary commission Commission for verification of compliance of one set of documents and/or forwarding the same to the issuing bank in the form they were submitted. The commission shall be calculated as a percentage of the value of the documents. If the amount of the commission is below the established minimum limit, the commission shall be the minimum limit. 3.3 Fee for draft documents examination Commission for verification of compliance of one set of draft documents. Under the same presentation the examination of each extra set of draft documents shall be attached an extra charge. 3.4 Confirmation commission Commission for confirming the credit. By confirming the credit, Swedbank assumes the payment risk of the issuing bank. The commission shall be calculated as a percentage of the maximum amount of the credit per the maximum term of the risk (in calendar days). The maximum term of the risk shall be, in general, the term of the credit plus the longest possible payment term in calendar days. If the amount of the commission is below the established minimum limit, the commission shall be the minimum limit. 3.5 Discounting commission Commission for the prepayment or purchase a bill of exchange accepted or a deferred payment undertaking incurred by Swedbank. The commission shall be calculated pursuant to the discounting rate, which is the LIBOR of the corresponding currency plus risk premium

79 €


50 €, extra charge 25 €

shall be specified separately for each issuing bank, but it shall be not less 100 €

shall be specified separately for each issuing bank, but it shall be not less than 79 €

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3.6 Payment and/or negotiation commission The commission shall be charged if in the credit Swedbank has been specified as a nominated bank and it negotiates the documents of the credit or pays out the amount of the credit. 3.7 Deferred payment commission Commission for the following: the credit is paid out at maturity after the acceptance of the bill of exchange or on a certain day calculated pursuant to the formula specified in the terms and conditions of the credit. 3.8 Fee for assignment of the proceeds The beneficiary may irrevocably assign to a third person a right that it has with regard to the amount of the credit or a part thereof. If the money has been received on the basis of the credit, Swedbank shall pay out the assigned amount without any further orders of the beneficiary. The beneficiary cannot revoke the assignment without the consent of the third person. 3.9 Amendment fee Fee for verifying the authenticity of the amendment of the credit and/or notifying the beneficiary of the amendment, as well as fee for refusing the credit and/or revoking the credit if the beneficiary has initiated the refusal and/or revocation before the expiry date of the credit. If the applicant for the credit initiates revocation of the credit, the fee shall be charged from the applicant. 3.10 Transfer commission Commission for the following: upon the request of the beneficiary, Swedbank transfers the transferable credit to second beneficiary. The commission shall be calculated as a percentage of the amount of the transferred credit. If the amount of the commission is below the established minimum limit, the commission shall be the corresponding minimum limit. 3.11 Pre-Advice of the credit Fee for notifying the beneficiary of the preliminary advice received of the issuance or amendment of the credit. The fee shall be charged only if the issuing bank sends such a preadvice.

not less than 0.1%

79 €

100 €

79 €


50 €

4. Documentary collections 4.1. Documents against payment The documents of the collection shall be released to the drawee only following the payment of the amount of collection in full. The fee shall be calculated as a percentage of the amount of collection.

0.15%, no less than 100 €

4.2 Documents against acceptance The documents of the collection shall be released to the drawee following the acceptance of the bill of exchange or assumption of the fixed-term payment obligation. The fee shall be calculated as a percentage of the amount of collection.

0.25%, no less than 130 €

4.3 Release of the documents free of payment The documents are released to the drawee free of payment according to the instructions of the remitting bank.

79 €

4.4 Fee for amendment of collection instruction Fee for formalising amendments to collection instruction, verifying the authenticity of the amendments and/or notifying the drawee of the amendments.

79 €

4.5 Fee for dishonour Fee for refusing collection. The fee is usually paid by the principal of the collection.

79 €

4.6 Fee for release of the goods Fee for assigning the right of ownership of the goods if the goods have been sent to the name of Swedbank. The fee shall be calculated as a percentage of the amount of collection. If the amount of the fee is below the established minimum limit, the fee shall be the corresponding minimum limit. No fee shall be charged if the goods have been sent to the name of Swedbank upon the request of Swedbank.


4.7 Fee for assignment of the proceeds The principal of the collection may irrevocably assign to a third person a right that it has with regard to the amount of collection or a part thereof. If the money has been received on the basis of collection, Swedbank shall pay out the assigned amount without any further orders of the principal of the collection. The principal of the collection cannot revoke the assignment without the consent of the third person.

100 €

4.8 Fee for protesting a bill of exchange The fee shall have to be paid if at maturity date of the bill of exchange there is no money on the drawee’s account for effecting the payment and Swedbank protests the bill of exchange in accordance with the instructions of the principal of the collection.

100 €

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4.9 Partial payment fee The collection amount is paid out by part payments instead of one payment. The fee is applicable from the second payment for each payment effected. 5. Communication and postal charges shall be attached to the documentary credits, collections guarantees and stand-by letters of credit.

79 € per payment charges are paid on the basis of the actual cost thereof, the minimum amount thereof is 15 €

(1) For currencies other than EUR and USD the fee shall be calculated using European Central Bank’s rates applicable on letter of credit issuing date.

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Additional services Effective as of 08.02.2016 1. Cancellations, amendments and queries for payments 1.1 Cancellation of inter-bank payment 1.1.1 not credited to customer account (1)

3,20 €

1.1.2 credited to customer account (5)

10 €

1.2 Cancellation of domestic payment 1.2.1 an order not sent out of the bank (1)

3,20 €

1.2.2 an order sent out of the bank (5)

10 €

1.3 Cancellation and amendment of international payment 1.3.1 an order not sent out of the bank (1)

20 €

1.3.2 an order has been sent out of the bank (5)

20 € + costs of foreign banks

2.1 Queries about payments 2.1 regarding domestic payments

10 €

2.2 regarding payments up to 3 months old


2.3 regarding payments over 3 months old


2.4 copy of the SWIFT/SEPA message -

one-time order

10 €/piece

-

from Internet-Bank

free of charge

3. Certificates 3.1 A certificate regarding account

4€

3.2 An extract from the commercial register

4€

3.3 Certificates for audit firms

20 € /piece

- in the case of groups

20 € per member

3.4 Formalisation of powers of attorney

free of charge

3.5 Special query (including data to an electronic data meedium)

30 €/hour

3.6 Ordering a copy of an original document from the archive

8 €/ document

3.7 Authentication of a copy of a bank operation

2€

3.8 Issuing copies (incl. digital) of documents related to the client’s transaction (6)

9€

3.9 Certificates of credit products 3.9.1 Certificate of existence, conditions, fulfilment, amendments, etc., of a credit product (per credit agreement in Estonian or in English) - private person

4€

- legal person

4€

3.9.2 Special or integrated ceritificate of one or several credit agreements ( certificate in Estonian or in English)

30 €/hour

3.9.3 Certificate of loan interest paid previous years (in Estonian or in English ) of a credit product (per credit product)

4€

3.9.4 Certificate of housing loan interest paid last year (in Estonian)

free of charge

3.9.5 Certificate of housing loan interest paid last year (iin English)

1,60 €

4. Sending bank documents 4.1 By post - to Estonia

2 € (2)

- abroad

4 € (2)

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4.2 By DHL

the actual cost, debited later on the basis of an invoice

5. SWIFT services 5.1 SWIFT services from an account held with a foreign bank 5.1.1 SWIFT MT940 – incoming statement agreement fee

25 € (3)

monthly account fee

25 € (3)

sending statements to a customer

free of charge

5.1.2 SWIFT MT101 – outgoing payment order agreement fee

25 € (3)

monthly account fee

25 € (3)

sending a payment order to a foreign bank (Internet-Bank for business clients)

1€

sending a payment order to a foreign bank (from a branch) (4)

5€

5.2 SWIFT services from an account held with Swedbank 5.2.1 SWIFT MT940 – outgoing statement agreement fee

25 € (3)

monthly account fee

35 € (3)

5.2.2 SWIFT MT941 – outgoing statement of intra-day account balance agreement fee 5.2.3 SWIFT MT942 – outgoing statement of intra-day operations agreement fee

1 € message 25 € 1 € message 25 €

5.2.4 SWIFT MT101 – incoming payment order agreement fee

25 € (3)

monthly account fee

35 € (3)

making payment orders

according to the payments price list in the branch

6. Additional settlement services for legal person 6.1 Settlement consultations

60 €/ hour (2)

6.2 Setting a pledge on current account

500 €

7. Other 7.1 Issuing new PINs and PUKs to ID card holders in a Swedbank branch

2€

7.2 ID card reader

5 € (2)

7.3 Delivery of a parcel to a customer by a courier

1,60 €

7.4 Confirmation of electronic payments by phone

free of charge

7.5 Deposit box rent (6) A box with a height of 50 mm - monthly fee

15 €

A box with a height of 75 mm - monthly fee

15 €


25 €


25 €

A box with a height of 300 mm - monthly fee 7.6 Security deposit of the keys to a deposit box

30 € 200 €

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7.7 Loss of a deposit box key (2)

the actual costs arising from opening the deposit box

(1) The price does not apply to payments with future value date if the payment is cancelled before the arrival of the payment date. (2) VAT at the rate of 20% will be added to the price. (3) Upon concurrent validity of both agreements. (4) The service is provided if by Swedbank’s fault the customer who usually uses an electronic channel for sending a payment order does not have the chance to use an electronic channel. (5) The bank will not return the service charges paid by the remitter, if the payment could not be cancelled/amended. (6) The price is inclusive of VAT at the rate of 20%.

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Services for merchants and service enterprises Effective as of 11.09.2017 1. Bank link Subscription

65 €

Transaction fee

1% of the purchase price, no less than 0,13 €, but no more than per transaction 3,20 €

Authentication fee

0,11 € per instance (1)

Amendment of a Bank link agreement

15 €

2. Servicing payment cards (for merchants) 2.1 Commission fee on the transaction amount

as agreed

- Smart terminal transaction

1,45%

- imprinter transaction

3.45%

- A Card Not Presented transaction (transaction on the Internet)

3.45%

2.2 Fee for a technical device - rent of a payment terminal in month -

stationary terminal

12,50 € (1)

-

mobile terminal (2)

19,17 € (1)

-

stationary, mobile terminal (2)

15,83 € (1)

-

stationary terminal with bluetooth- connection

15,83 € (1)

- installation of terminal on following banking day

100 € (3)

- installation of terminal within 10 banking days

free of charge

- replacement of card payment terminal at the client’s request by calling out a technician

15 € (3)

- penalty for failure to return payment terminal on time

cost of terminal according to certificate

2.3 Smart terminal purchase fee (Seller: Hansab AS)

104 € (1)

2.4 Payment card service on the Internet (for merchants) 2.4.1 Commission on transaction amount

as agreed

2.4.2 Technical equipment fee - contract fee

64 €

- terminal rental in month

16,67 € (1)

2.5 Free for amendment of payment card service contract

15 €

3. Swedbank Payment Portal 3.1 Package 1 3.1.1 Bank link, commission fee on the transaction amount

1% (no less than 0,13 €, but no more than3,20 €)

3.1.2 Payment card service on the Internet, commission fee on the transaction amount

2%

3.1.3 Transaction processing fee -

Payment card service on the Internet, Swedbank EstionaBank link, domestic Bank link

0,10 € (1)

-

PayPal, Swedbank Latvia/ Lithuania Bank link

0,15 € (1)

3.1.4 Monthly fee

25 € (1)

3.1.5 One-time setup fee

50 € (1)

3.1.6 Free for amendment of agreement

15 €

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3.2 Package 2 3.2.1 Bank link, commission fee on the transaction amount

1% (no less than 0,13 €, but no more than3,20 €)

3.2.2 Payment card service on the Internet, commission fee on the transaction amount

1,5%

3.2.3 Transaction processing fee -

Payment card service on the Internet, Swedbank Estiona Bank link, domestic Bank link

0,10 € (1)

-

PayPal, Swedbank Latvia/ Lithuania Bank link

0,15 € (1)

3.2.4 Monthly fee

50 € (1)

3.2.5 One-time setup fee

50 € (1)

3.2.6 Free for amendment of agreement

15 €

4. E-invoice 4.1 E-invoice sending service (1) - subscription

30 €

- amendment

10 €

- subscription to domestic e-invoice service (4)

8€

4.2 The fee for sending a e-invoice (per invoice sent) (1) - intra-bank invoice

0,19 €

- domestic invoice

0,50 €

- e-invoice credit note

free of charge

- printout and posting of one invoice of one page

0,58 €

- printout of each following page of the invoice

0,11 €

4.3 Implementation of the company’s design template in the Swedbank Internet bank (1) - the first implementation

32 €

- each subsequent change of the template

28 €

4.4 Agreement about reports (based on e-invoice agreement) (1) - e-invoice standing order agreements report fee

9,50 €/ month

- e-invoice standing order agreements payments report fee

9,50 €/ month

(1) VAT at the rate of 20% will be added to the price. (2) Minimum rental period for terminal is 3 months. If the terminal rental is terminated before the minimum rental period, the Bank shall have the right to debit the sum of rental fees still payable for that moment as one-time payment. (3) The price is inclusive of VAT at the rate of 20%. (4) The fee will be calculated for each e-invoice sending registartion application sent to bank, who is member in cross- usage system.

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Services for institutions, creditors, payment service providers and e-money institutions Services not covered by the price list for credit institutions, creditors, payment service providers and e-money institutions are subject to the price list and terms and conditions of Swedbank services. Effective as of 01.09.2016 1. Current account 1.1 Monthly fee for current account

20 €

2. Payments in euros 2.1 Intra-bank payments (1) -

Intra-bank payment

0,16 €

2.2 Payments with Estonian banks (1) -

Regular domestic payment

0,38 €

2.3 Payments with Swedbank Group banks (1) -

Group payment

0,38 €

2.4 European payments (1) -

European payment

2.5 Incoming intra-bank, domestic, group or European payment (2)

0,38 € 0,12 €

3. Payments in foreign currencies 3.1 Incoming intra-bank or group payment (2)

0,12 €

4. Swedbank Gateway 4.1 Subscription incl. ordering of company certificate

75 €

4.2 Monthly fee

100 €

4.3 Alert

0,15 € per alert

4.4 Account statement for current day

1,50 € per query

5. Bank link 5.1 Authentication service

not offered

5.2 Subscription

75 €

5.3 Monthly fee

15 €

5.4 Transaction fee

2%, min 0,2 €

(1) Price applicable in Internet Bank for business clients (Package I). (2) Price applies to all incoming payments with the exception of incoming intra-bank payments from a company’s own account, which are free of charge.

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Account balance fee for credit institutions, insurance companies, fund management companies and investment funds Account balance fee (ABF) applies to credit institutions, insurance companies, fund management companies and investment funds, which are supervised by the Estonian Financial Supervision Authority or foreign financial supervision authority. ABF is calculated based on account balances exceeding 1mln EUR or 1mln SEK, 1mln DKK or 100 th CHF. Under aforementioned balance the account balance fee is not applicable. No account balance fee applies when the central bank interest rate in the respective currency becomes positive. Currency

Published by the Central Banks, based on the calculation of the reference rate

EUR

ECB deposit facility rate

CHF

Swiss National Bank negative interest rate

SEK

Sveriges Riksbank repo rate

DKK

Danmarks Nationalbank Certificates of deposit rate

1. Account balance fee is presented as a percentage on a basis of year (360 days) and is equal to the respective currencies published by the central banks' interest rate. 2. Account balance fee is calculated on the account balance at the end of a day and is rounded to two places after the decimal point. 3. Account balance fee calculated on current accounts is debited from account once a month not later than on the 10th day following the calculating month.

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Maturities of Services 10.04.2017

CASH At bank office - will be immediately transferred to the payer’s account; depositing

- will be transferred to the payer’s account within 1 hour. Amounts paid in at online depositor will be transferred to the payer’s account immediately. Amounts deposited via collection are transferred to accounts during the deadline agreed with the collection company.

payment

Payment of the reserved amounts of the euro shall be made on the following 2 banking days after the submission of the reservation application is filed if the reservation application is filed for bank on the banking day before 2:00 PM. Reserved currencies are paid out as agreed between the client and the bank.

OPENING A CURRENT ACCOUNT Decision is made within 5 banking days of receipt of all required documents - In the case of private persons who are not citizens of the Republic of Estonia or do not hold an Estonian residence permit (a long-term resident’s residence permit or a temporary residence permit for at least one year) The decision on whether or not a current account is opened or any other product contracts are entered into is made within 10 banking days of receipt of all required documents The decision of current account openening

- in case of legal entities who are registered in Estonia and represented by non-resident or whose ownership structure includes a non-resident - In the case of legal entities who are registered in a European Union Member State (except for Cyprus, Malta, Luxembourg, the United Kingdom) and Norway - In the case of legal entities registered outside European Union Member States and Norway. The decision-making time shall also apply to legal entities registered in Cyprus, Luxembourg, Malta and the United Kingdom

BANK TRANSFERS Properly prepared payments sent to the bank before 10 pm are debited from the payer’s account on the same date, and payments sent to the bank after 10 pm are debited on the next date. Incoming domestic payments An incoming domestic payment is transferred to the beneficiary's account on the settlement day of receipt of the money provided that the beneficiary's details are correct.

Domestic payments

Outgoing regular domestic payments: - a regular domestic payment made through electronic channels is sent to the beneficiary's bank on the same settlement day if the payment has been debited rom the remitter's account before 4:30 p.m. Payments sent by the remitter after 4:30 p.m., at weekends and on public holidays are debited, but sent to the beneficiary's bank on the next settlement day; - a regular domestic payment made in an office is sent to the beneficiary's bank on the same settlement day if the payment has been debited from the remitter's account before 4:00 p.m. Payments sent by the remitter after 4:00 p.m., at weekends and on public holidays are debited, but sent to the beneficiary's bank on the next settlement day. Outgoing urgent domestic payments: - an urgent domestic payment made through electronic channels in between 8:30 a.m. to 4:30 p.m. is sent to the beneficiary's bank without delay but not later then on the same settlement day. Payments sent by the remitter after 4:30 p.m., at weekends and on public holidays are debited, but sent to the beneficiary's bank on the next settlement day; - an urgent domestic payment made in an office before 4:00 p.m is sent to the beneficiary's bank without

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delay but not later then on the same settlement day. Payments sent by the remitter after 4:00 p.m., at weekends and on public holidays are debited, but sent to the beneficiary's bank on the next settlement day. Intra-bank payments are transferred to the payee’s account within an hour. Mass payments - mass payments made via the Internet bank are made pursuant to the usual intra-bank or domestic payment execution terms; - mass payments with value dates are transferred to the payee’s account inside the bank or sent to the payee’s bank not later than 10:00 am on the value date

Incoming international payments - receipts through international settlement systems are credited to the payees's account on the bank's value date (1); - receipts from banks in the Swedbank Group are credited to the payee’s account on the bank’s value date (1); - receipts through the bank’s correspondent accounts are credited to the payee’s account until 4:00 pm on the bank's value date (1): - receipts are credited to the payee’s account on the bank’s value date (1) provided that the payee’s details are correct. Outgoing international payments Payment type  Ordinary - ordinary European payment (4) are sent to the payee’s bank one settlement date after the client's value date (2); - ordinary payments are sent to the payee’s/correspondent bank two settlement date after the client's value date (2), excl payments that are made in euros and transferred to European countries (4), that are sent to the payee’s bank one settlement date after the client's value date; 

Urgent

- urgent European payments are sent to the payee's/correspondent bank on the same settlement date if the payment order is submitted to the bank before 4:00 pm; Foreign payments

- urgent payment orders, except orders in EUR and USD, are sent to the payee’s/correspondent bank one settlement date after the client's value date (2) if the payment order is submitted to the bank before 2:00 pm. - EUR and USD payment orders (excl urgent European payment) are sent to the payee’s/correspondent bank one settlement date after the client's value date (2) if the payment order is submitted to the bank before 3:00 pm; 

Express

- express payments of less than 10 million euros (or same amount in foreign currency) are sent to the payee's/correspondent bank on the same settlement date if the payment order is submitted to the bank before 2:00 pm. Express payments that exceed 10 million euros (or same amount in foreign currency) are sent to the payee's/correspondent bank on the same settlement date if the payment order is submitted to the bank before 10 pm or between 10 am and 2:00 pm by mutual agreement with the bank for processing the relevant payment. Express payments can only make in USD and in EUR.

- Group payments in EUR; SEK and USD made to Swedbank Latvia and Lithuania are sent to the payee’s bank on the same settlement date if the payment order is submitted to the bank before 4:00 pm. Payments in any other currencies are sent to the payee’s bank on the same settlement date if the payment order is submitted to the bank before 3:00 pm - Group payments in EUR; SEK and USD made toSwedbank Sweden, Finland, Denmark and Norway are sent to the payee’s bank on the same settlement date if the payment order is submitted to the bank before 4:00 pm. Payments in NOK and DKK are sent to the payee’s bank on the same settlement date if the payment order is submitted to the bank before 3:00 pm. Payments in any other currencies are sent to the payee’s bank the day after the next banking day. Confirmation by phone of payments/security transfers made in electronic channels

Payments/security transfers made through the Internet bank and through Swedbank Gateway , which exceed the confirmation limit set by the client need to be confirmed by phone. Payments are confirmed by phone within 24 hours as of forwarding the payment, between 8:00 a.m.-9:00 p.m. on working days

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and 10:00 a.m.-6:00 p.m. on days off. Security transfers are confirmed by phone within one banking day as of forwarding the security transfer, between 8:30 a.m. -5:00 p.m. on working days.

STATEMENTS Statements ordered by post are posted on the fourth banking day after the last day of the period, to which is added the time for movement of the mail. By fax sent on the banking day before 9.00 a.m. following the last day of the period; Ordered periodical statements

if the fax machine has not been switched on or it is busy or there are communications disturbances, the fax is sent within the banking day. Statements ordered through Internet-Bank for business clients are available as of 9:00 a.m. on the banking day following the last day of the period. Intra-group overdraft interest and group balance statements are available as of the third banking day of every month.

One-time statements from a branch

one-time statements of the previous and current month are issued on the same banking day if the number of printed pages is below 20. earlier and 20-page and over statements are issued within 3 banking days.

Transaction value date stock exchange transaction: T (3) +2 or T+3 according to market practice extra-stock exchange transaction without or against payment: upon agreement between the parties to the transaction from T(3)+1 to T(3)+n according to the stock market practice. Fund units transaction value date – according to fund conditions. Transaction realisation entries are made: Securities transactions in case of securities registered in the Estonian Central Depository for Securities transaction value date from 9:00 a.m. until 6:00 p.m. if the Estonian Central Depository for Securities gives affirmation; in case of Estonian fund transactions according to fund conditions; in case of foreign securities and foreign fund when affirmation is given by sub-custodian In the case of security transfers which are subject to confirmation by phone the deadlines of execution of securities transactions shall be calculated as of the moment when the Bank is able to contact the client and securities transaction order was entered in Bank`s system. Issuance of a certificate

within 10 banking days

(1) Bank's value date is the settlement day when the right to use the amount in the payment transaction transfers from the intermediary to the beneficiary's bank. (2) Client's value date is the calendar day when the Bank debits the remitter's account or credits the beneficiary's account. (3) T is the transaction date, i.e. the date of agreement / conclusion of the transaction. (4) The beneficiary's bank is located in a Member State of the European Union (or Norway, Iceland, Liechtenstein, Switzerland, the Åland Islands, the Azores, Ceuta and Melilla, Gibraltar, Guadeloupe, the Canary Islands, Madeira, Martinique, French Guinea, Reunion).

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