Internet bank

You can organise your company’s money matters in the business client Internet Bank at any time and everywhere

  • Quick and convenient communication with the bank
  • Bank operations and overviews without visiting a branch
  • Entering into agreements
  • Personal offers

Agreement and user rights

In order to use the Internet Bank, the Telephone Bank and the Mobile Bank, an agreement is required. You can enter into one at any branch when you come in to open the first current account for your company. The agreement can be modified in the Internet Bank by a user with administrator rights.
Users are granted rights in accordance with the needs of the company.

User-based rights

Right

Information and payments

All services

Information

Preparation of payments

Making payment orders *
Currency conversion
Entering into payment agreements (standing orders and e-invoice standing orders)
Making securities transactions
Viewing account balances and statements
Viewing information related to product agreements
Preparation and amendment of payment orders
Addition and amendment of defined payments

* When making payment orders it is possible to use the double acceptance conditions for payments which means that a payment order is only forwarded to the bank once another user with the relevant rights has accepted it (e.g. forwarded or signed the payment to be paid) in the Internet Bank or Mobile Bank. The double acceptance condition can also be established as of a certain amount selected by the company.

Account-based user rights

Administrator rights
Recommended!

  • add new users;
  • modify users' daily and monthly transaction limits;
  • add and remove the current, deposit, loan and securities accounts managed via the Internet bank to and from users;
  • modify or terminate user rights for accounts or remove users from an agreement;
  • modify user rights for the Mobile Bank;
  • add or remove country- and/or IP address-based restrictions for the entire company or specific users when using the Internet Bank;
  • order or cancel alerts.
  • In order to modify rights, the administrator must log in to the Internet Bank using their ID card, Mobile ID or Digi-ID. Amendments enter into force from the moment of their signing.

Administrator with another user

  • The same rights as the administrator, but any amendments must be signed by two users with the relevant rights.
  • The amendments enter into force from the moment they are signed by two users with the relevant rights.

Administrator with preparation rights

  • The right to prepare and save amendments to Internet Bank agreements.

Administrator with information rights

  • The right to view Internet Bank agreements, incl. the rights and limits of all users.

Signing agreements independently
Recommended!

  • A user with the right to sign agreements in the Internet Bank.
  • The agreements can only be signed by a legal representative of the company. In order to obtain the right to sign agreements, a legal representative of the company (a member of the management board) must come to a branch and add the relevant right to the agreement. Agreements can be signed when logged in to the Internet Bank with an ID card, Mobile ID or Digi-ID.

Signing agreements with another user

  • The same rights as the independent signer, but any amendments must be signed by two users with the relevant rights.
  • The amendments enter into force from the moment they are signed by two users with the relevant rights.

You can organise your company’s money matters in the business client Internet Bank at any time, wherever you happen to be, and you can perform bank operations without visiting a branch. The Internet Bank is compatible with a wide range of financial software, making everyday operations easier.

Access to accounts in the Latvian and Lithuanian Internet Banks

You can manage your company’s accounts in all of the Baltic banks of the Swedbank Group with the same user ID. This option is only available in the business client Internet Bank. In order to make use of it, you must submit an application to the bank or get in touch with your client manager.

Once access has been granted, the option to select the country appears on the screen in the business client Internet Bank. You can use this to move from the Internet Bank of one country to another. You do not need to log out and log in again to move between the Internet Banks of different countries.

Traderoom

Traderoom is suited for companies that perform currency transactions and need resources to manage and optimise their currency risks. It is also a tool to use in the liquidity management of companies.

Find out more about Traderoom

Group account

A group account is a book account which reflects the financial status of the group as calculated on the basis of the sum of the balances of the current accounts of all group members. Group account resources comprise the balances of and reserved amounts in the current accounts of group members and the overdraft of the group.

Find out more about a group account

Baltic reporting

Baltic reporting is suited for foreign companies that have subsidiaries in the Baltic Sea region and wish to control their financial operations from their headquarters. It is also suited to Swedbank clients who have expanded their activities in the Baltic Sea region and wish to obtain regular overviews regarding their subsidiaries and/or affiliates or branches.

Find out more about Baltic reporting

In order to log in you need to select a means of identification. We recommend using your ID card, Mobile ID or Digi-ID to log in to the Internet Bank. However, you can also use a PIN calculator or a password card.

Mobile ID

Mobile ID is the quickest and easiest way of accessing the Internet Bank, since you do not need to set up or install anything extra on your mobile phone or computer. Mobile ID is a fee-charging service you can purchase from your mobile operator. Information about fees and how to subscribe to the service can be found on your mobile operator’s website.

Find out more about Mobile ID

ID card

In order to use an ID card, you need to connect an ID card reader to your computer. This will then read the information on the chip in your card. ID card software must be installed on your computer in order to sign documents digitally.

PIN calculator

A PIN calculator generates a new password every time, and you can never use the same password twice in a row to access the Internet Bank. This makes stealing passwords very difficult. Ask at any branch for a PIN calculator.

PIN calculator user manual

Password card

Password cards are easy to copy. As such, they are not the most secure means of authentication. With a password card, you can perform transactions to the value of up to 200 euros per day (one account and channel limit).

  • 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.
    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 €
    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.
    shall be specified separately for each applicant
    1.3 Advising fee
    Fee for verifying the authenticity of the guarantee or stand-by etter of credit and/or notifying the beneficiary of the guarantee or stand-by letter of credit.
    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 1% p.a.
    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.
    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 €
    validity 181-270 days 0.75%, but no less than 300 €
    validity 271-360 days 1%, but no less than 400 €
    validity more than 360 days fee as agreed
    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.
    0.15%, but not less than 79 €
    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.
    0.25%, but not less than 150 €
    2.9 Pre-Advice of the credit
    Fee for notifying the beneficiary of the preliminary advice of the issuance or amendment of the credit.
    50 €
    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.
    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
    79 €
    3. Documentary collectionsCommission 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. 0.1%, but not less than 100 €
    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.
    50 €, extra charge 25 €
    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.
    shall be specified separately for each
    issuing bank, but it shall be not less
    100 €
    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
    shall be specified separately for each issuing bank, but it shall be not less than 79 €
    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.
    not less than 0.1%
    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.
    79 €
    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.
    100 €
    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.
    79 €
    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.
    0.25%, but not less than 150 €
    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.
    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.
    0.15%, but not less than 79 €
    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 €
    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.
    79 € per payment
    5. Communication and postal charges shall be attached to the
    documentary credits, collections guarantees and stand-by letters of credit.
    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.