Price list

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Opening accounts

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.

Effective as of 01.02.2019
Current account
for a legal person registered in Estonia free of charge
for a legal person registered in an EU member state (except Cyprus, Luxembourg, Malta, United Kingdom) or Norway 30 €
for a legal person registered in another country (including Cyprus, Luxembourg, Malta, United Kingdom) 400 €
fee of enhanced due diligence measures 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. The fee will be paid before bank makes account opening decision. The fee is not returned if the bank decides not to open the account. 200 €
Opening an account in banks of Swedbank Group
opening an account in banks of Swedbank Group via Swedbank Estonia 200 € + courier service fee According to courier service provider.
entry into additional contracts, amendments and specimen signature cards in a bank of the Swedbank Group via Swedbank Estonia For a customer of Swedbank Estonia whose account is with a Swedbank Group and for a customer of a Swedbank Group whose account is with Swedbank Estonia. 15€+ courier service fee According to courier service provider.
sending identification tools and cards to banks of the Swedbank Group via Swedbank Estonia For a customer of Swedbank Estonia whose account is with a Swedbank Group and for a customer of a Swedbank Group whose account is with Swedbank Estonia. 15€ + courier service fee According to courier service provider.
Opening a start-up account free of charge
Deposits free of charge

Account information

Effective as of 01.11.2019
Account statement from Internetbank free of charge
Account statement from a branch For Private person once a year free of charge on transactions made up to 12 months ago. 4 €
Account statement by post Fee for the transmission of bank documents is added.
to Estonia 2 €
abroad 4 €
Balance inquiry and statement in Swedbank's terminals in Estonia free of charge
Balance inquiry in other bank's terminals in Estonia and abroad 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. 0,32€/query
Monthly fee of Baltic Reports in internet-bank for business clients 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. 13 €
Monthly fee of Baltic Reports for the customers of the group account module in internet-bank for business clients 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. 6,40 €
Current account default interest rate 0.2% a day
Monthly account fee of non-resident legal persons registered outside the EU Member States and Norway (excl. financial institutions)
Account maintenance fee applies also for non-resident legal persons registered in Cyprus, Luxembourg, Malta and the United Kingdom
50 €

Group account

Effective as of 01.09.2015
Fees of a group account and members thereof
opening a group account 200 €
annual fee of a group account 190 €
opening a sub-group account 63 €
annual fee for a sub-group account 190 €
amendment of a group account agreement and a sub-group account agreement 25 €
monthly fee per group member account 12 €
Group administration and reporting service in channels
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 €
monthly fee of the group account module in internet-bank for business clients 20 €
Baltic Reports in electronic channels 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.
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 €

 

Effective as of 01.01.2015
Currency Annual interest rate
  • 1. Current account interest is presented as a percentage on a basis of year (360 days).
  • 2. Interest is calculated on the account balance at the end of a day and is rounded 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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DKK 0%
EUR 0.01%
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Payments in euros The fee is according to point 5. when the beneficiary’s IBAN is not indicated in the payment.

Effective as of 01.11.2019
In a branch and telephone bank Internet bank for business clients, Swedbank Gateway In an ATM
1. Intra-bank payment
intra-bank payment 2,30 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 0,16 € 0,16 €
intra-bank payment between own accounts 2,30 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. free of charge free of charge
intra-bank incoming payment free of charge
2. Domestic payment
domestic payment (incl. instant payment) Instant payment can be sent via Internet bank or mobile app Swedbank Eestis if payment amount does not exceed 15 000 €. 3,20 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 0,38 € 0,38 €
an urgent domestic payment up to 10 000 €(incl.) 9 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 7 €
an urgent domestic payment over 10 000 € 32 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 30 €
domestic incoming payment free of charge
3. Swedbank Group group payment
a group payment 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. 3,20 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 0,38 €
an incoming group payment free of charge
4. European payment

Terms and conditions of 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, Vatican, Andorra).
European payment 3,20 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 0,38 €
an urgent European payment up to 10 000 € (incl.) 9 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 7 €
an urgent European payment over 10 000 € 32 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 30 €
an incoming European payment free of charge
5. International payments (exc. points 3 and 4)
an ordinary payment which transfer charges are shared The remitter pays the service fee of Swedbank and the beneficiary pays the service fees of all other banks. 9,45 € 5,45 €
an ordinary payment which transfer charges paid by remitter 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. This type of paymet orders are no longer performed if the payment recipient’s bank is situated in the European Union or the European Economic Area. 29,75 € 24,75 €
an urgent payment which transfer charges are shared The remitter pays the service fee of Swedbank and the beneficiary pays the service fees of all other banks. 14,85 € 9,85 €
an urgent payment transfer charges paid by remitter 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. This type of paymet orders are no longer performed if the payment recipient’s bank is situated in the European Union or the European Economic Area. 34,75 € 29,75 €
an express payment which transfer charges are shared The remitter pays the service fee of Swedbank and the beneficiary pays the service fees of all other banks.
If an express payment is European payment then fee for the payment is according to an European urgent payment.
39,85 € 34,85 €
an express payment which transfer charges paid by remitter 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. This type of paymet orders are no longer performed if the payment recipient’s bank is situated in the European Union or the European Economic Area. 49,85 € 44,85 €
an incoming international payment 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. 5,75 € 5,75 €
6. Standing order
formalisation and cancellation free of charge
execution of an standing order Execution of an intra-bank standing order is 0,16 € according to ordinary payment price in the Internet bank
standing order to deposit free of charge
7. E-invoice standing order agreement
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
8. Transfer to savings deposit Free of charge upon entry into savings deposit contract. 2,30 € free of charge
9. Payment of a state fee in state authorities 0,19 €

Payments in foreign currency

In a branch and telephone bank In the Internet Banking
1. Intra-bank payment
intra-bank payment 2,30 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 2 €
intra-bank incoming payment free of charge
2. Swedbank Group group payment
a group payment 3,20 € The service fee for payments made in Private Banking branch and by Private Banking employee is twice of the established amount. 2 €
a group incoming payment free of charge
3. An international payment (exc. point 2)
an ordinary payment which transfer charges are shared The remitter pays the service fee of Swedbank and the beneficiary pays the service fees of all other banks. 9,45 € 5,45 €
an ordinary payment which transfer charges paid by remitter 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. This type of paymet orders are no longer performed if the payment recipient’s bank is situated in the European Union or the European Economic Area. 29,75 € 24,75 €
an urgent payment which transfer charges are shared The remitter pays the service fee of Swedbank and the beneficiary pays the service fees of all other banks. 14,85 € 9,85 €
an urgent payment which transfer charges paid by remitter 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. This type of paymet orders are no longer performed if the payment recipient’s bank is situated in the European Union or the European Economic Area. 34,75 € 29,75 €
an express payment in US dollars which transfer charges are shared The remitter pays the service fee of Swedbank and the beneficiary pays the service fees of all other banks. 39,85 € 34,85 €
an express payment in US dollars which transfer charges paid by remitter 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. This type of paymet orders are no longer performed if the payment recipient’s bank is situated in the European Union or the European Economic Area. 49,85 € 44,85 €
an incoming international payment 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. 5,75 € 5,75 €
4. Standing order
formalisation and cancellation free of charge
execution of a standing order according to ordinary payment price in the Internet bank
standing order to deposit free of charge

 

Effective as of 09.12.2019
In euros
cash deposit (excl. coins) in branch
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) Person who does not have current account in Swedbank can deposit cash to another person’s account, which is located in the Swedbank up to 500 € (or equivalent in foreign currency) per day. 0,5%, min 5 €
upon payment of cash (excl. coins) from a branch 0.5%, min. 3 €
Cash reservation
reservation of large amounts of cash 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. 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. 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
Processing cash
payment of coins to current account 2%, min 2,60 €
payment from account in coins 2%, min 3 €
exchange of coins for coins 5%, min 2,60 €
exchange of coins for notes 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
cash deposit and cash withdrawal in euros through the cash transport services provider Cash transport service provider transports only euros. Fee for cash transport is payed to cash transport service provider by client. free of charge

 

Effective as of 01.11.2019
Issuing the first debit card associated with an account free of charge
Issuing an additional card associated with an account according to price list
Renewal of a card free of charge
A temporary ATM card (valid for 1 month)
issuing a card 2,50 €
Business Debit Card MC Business Debit.
issuing a card 2,50 €
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

Cash deposit in euros in home bank's terminal A limit of 15,000 euros per month on cash deposited in ATMs will be applied to debit 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 client-based on the basis of calculation is a calendar month.
up to 5000 € per calendar month free of charge
over 5000 € per calendar month 0,25% of the deposited amount that exceeds 5000 €
Cash withdrawal
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 ATM in Sweden is Bankomat. 0,19 € 0.3% of the amount
Balance inquiry and statement in Swedbank’s terminals in Estonia free of charge
Balance inquiry in other bank’s terminals in Estonia and abroad 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. 0,32€/query
Making payments in ATMs and payment terminals
an intra-bank payment 0,16 €
domestic payment 0,38 €
Payment in a commercial enterprise free of charge
Closure of a card free of charge
A copy of the receipt of a card transaction (inquiry)
a transaction in Estonia 4 €
a transaction abroad 8 €
Demand for refund, unjustified
a transaction in Estonia 12 €
a transaction abroad 16 € (In case disputing card transaction made abroad, additional costs of the card organisations may apply)
Sending a card from one branch to another The price is inclusive of VAT at the rate of 20%. 2,50 €
Sending a card by mail
mail (Estonia) free of charge
Conversion fee for transactions in foreign currencies Added to the amount of every transaction made with the card if the card transaction is in a currency other than the euro. 1% of transaction amount
Penalty 0.2% a day
Emergency cash assistance in abroad in Western Union service points If the ordered service is canceled, the bank will not refund the service fee. 40 €
Retrieval of bank cards from other banks from Swedbank ATMs 30 €

 

Effective as of 01.11.2019
Business Credit Card 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, unless the amount of the aforementioned transactions remains within the positive balance of the limit account.
issue fee 5 €
monthly fee 3 €
annual interest rate 18%
penalty 0.2% a day
debt notice 3 €
Business Gold Credit Card 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, unless the amount of the aforementioned transactions remains within the positive balance of the limit account.
issue fee 10 €
monthly fee 10 €
annual interest rate 14%
penalty 0.2% a day
debt notice 3 €
the Priority Pass salon visit fee 28 € per visitor

General service and transaction fees

Payment in a commercial enterprise free of charge
Cash deposit in euros in home bank’s terminal A limit of 15 000 € per month on cash deposited in ATMs will be applied to 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 client-based on the basis of calculation is a calendar month.
up to 5000 € per calendar month free of charge
over 5000 € per calendar month 0,25% of the deposited amount that exceeds 5000 €
Cash withdrawal 1,92 € + 2.5% of the amount
Transfer from credit card limit account according to regular bank transfers pricelist
Replacement of a card 7 €
Statement of transactions
in last month free of charge
a previous month 4 € per month
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
Closure of a credit card free of charge
Penalty for using a closed card 65 €
Copy of a receipt (inquiry)
a transaction in Estonia 4 €
a transaction abroad 8 €
Balance inquiry and statement in Swedbank’s terminals in Estonia free of charge
Balance inquiry in other bank’s terminals in Estonia and abroad 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. 0,32 € per query
Demand for refund, unjustified
a transaction in Estonia 12 €
a transaction abroad 16 € (In case disputing card transaction made abroad, additional costs of the card organisations may apply)
Sending a card from one branch to another The price is inclusive of VAT at the rate of 20%. 2,50 €
Emergency cash assistance in abroad in Western Union service points If the ordered service is canceled, the bank will not refund the service fee. 40 €
Conversion fee for transactions in foreign currencies Added to the amount of every transaction made with the card if the card transaction is in a currency other than the euro. 1% of transaction amount
Retrieval of bank cards from other banks from Swedbank ATMs 30 €

 

Effective as of 01.05.2013
Investment loan
application 1% of the loan amount, but no less than 195 €
Kredex Start-up loan 2% of the loan amount, but no less than 320 €
additional application 1% of the additional amount, but no less than 195 €
Kredex Start-up loan 1% of the additional amount, but no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 1% of the loan amount (loan balance + additional amount), but no less than 195 €
Kredex Start-up loan 1% of the loan amount (loan balance + additional amount), but 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 €
Kredex Start-up loan 1% of the loan amount, but no less than 195 €
early loan repayment fee 3% of the amount repaid early
Working capital loan
application 1% of the loan amount, but no less than 195 €
additional application 1% of the loan amount, but no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 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
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 €
amendment of the terms and conditions of the agreement (except along with an additional application) 1% of the limit, but no less than 195 €
obligation fee 2% of the unused credit limit
Revolving credit line
application 1% of the loan amount, no less than 195 €
additional application 1% of the additional amount, but no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 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) up to 1% of the loan amount, no less than 195 €
obligation fee 2% of the unused limit per year
early loan repayment fee 3% of the amount repaid early
5. Apartment association loan
application 1% of the loan amount, no less than 195 €
additional application 1% of the additional amount, no less than 195 €
additional application along with amendment of other terms and conditions of the agreement 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) up to 1% of the loan amount, no less than 195 €
amendment of payment dates of the loan repayment schedule or amendment of the type of the schedule up to 1% of the loan amount, no less than 195 €
early loan repayment fee 3% of the amount repaid early

 

Effective as of 01.05.2013
Application up to 1% of the limit per year, but no less than 200 € VAT at the rate of 20% will be added to the price.
Amendment of other terms and conditions of the agreement
approval of the amendment of the buyer and the buyer limit 65 € VAT at the rate of 20% will be added to the price.
buyer credit insurance limit inquiry by request of the customer 65 € VAT at the rate of 20% will be added to the price.
prolongation of the limit up to 1% of the limit per year, but no less than 200 € VAT at the rate of 20% will be added to the price.
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 € VAT at the rate of 20% will be added to the price.
Balance confirmation 10 € VAT at the rate of 20% will be added to the price.
Factoring report issuing (earlier than previous month) 10 € month VAT at the rate of 20% will be added to the price.

Vehicle and equipment leasing

Effective as of 01.09.2016
Entry into an agreement
entry into a capital lease or hire purchase agreement No agreement fee is charged upon using the financing of the Rural Development Foundation. 1,5% of the price of the property, no less than 200 €
entry into a capital lease agreement No agreement fee is charged upon using the financing of the Rural Development Foundation. 1.5% of the price of the property, no less than 200 €
entry into a full service lease agreement The price is inclusive of VAT at the rate of 20%. 1.5% of the price of the property, no less than 200 €
entry into a vehicle management service contract agreement The price is inclusive of VAT at the rate of 20%. 40 €
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 1% of the outstanding amount, no less than 65 €
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 The price is inclusive of VAT at the rate of 20%. 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 The price is inclusive of VAT at the rate of 20%. 192 €
payment of an additional payment and/or additional financing, extension of the contract period The price is inclusive of VAT at the rate of 20%. 192 €
reduction of the interest rate 1% of the outstanding amount, no less than 78 €
Early termination of the lease contract
fixed-rate agreement the interest sum of up to 6 months following termination
agreement pegged to LIBOR/EURIBOR the interest sum of up to 3 months following termination
withdrawal from contract at the initiative of the lessee the contract fee
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
Penalty 0.25% a day
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
monthly fee of a card with a limit of 300 – 350 € 3€/month
monthly fee of a card with a limit of 400 – 600 € 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
monthly fee of a card with a limit of 2,000 € 10€/month
monthly fee of a card with a limit of 3,000 € 12€/month
monthly fee of a card with a limit of 5,000 € 15€/month
monthly fee of a card with a limit of 7,000 € 17€/month
Full service lease additional services inclused in the monthly payment
fuel card/additional fuel card fee The price is inclusive of VAT at the rate of 20%. 5€/month
international fuel card fee The price is inclusive of VAT at the rate of 20%. 5€/month
Additional services as a one-off service
one-time transfer service The price is inclusive of VAT at the rate of 20%. 100 €
transport of tyres to a tyre hotel within the territory of the same city The price is inclusive of VAT at the rate of 20%. 38 €
24-hour emergency assistance service The price is inclusive of VAT at the rate of 20%. 85 €
registration operations at Maanteeamet. Performed by lessor's employee (expenses of Maanteeamet are added) The price is inclusive of VAT at the rate of 20%. 39 €
Other services
preparation and sending of penalty invoices The price is inclusive of VAT at the rate of 20%. 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 The price is inclusive of VAT at the rate of 20%. 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.) The price is inclusive of VAT at the rate of 20%. 6,40 €
formalization of Road Administration e-service transaction The price is inclusive of VAT at the rate of 20%. 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) The price is inclusive of VAT at the rate of 20%. 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) The price is inclusive of VAT at the rate of 20%. 31 €
preparation of certificate The price is inclusive of VAT at the rate of 20%. 6,40 €
sending a notice on breach and cancellation of the agreement The price is inclusive of VAT at the rate of 20%. 6,40 €
sending an extract of the fuel card The price is inclusive of VAT at the rate of 20%. 3,20 €
fee for replacement of the fuel card during the lease term due to the customer’s fault The price is inclusive of VAT at the rate of 20%. 3,20 €
re-formalisation of an invoice 38,35 €
balance confirmations issued by leaser The price is inclusive of VAT at the rate of 20%. 9€, free of charge on the customer’s form
balance comparison notices issued by leaser The price is inclusive of VAT at the rate of 20%. 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 The price is inclusive of VAT at the rate of 20%. 31,95 €, but no less than 6,40 €
vehicle valuation service (incl. passenger cars, caravan cars, motorcycles and ATVs) The price is inclusive of VAT at the rate of 20%. 50 €
water craft valuation service (incl. launches, motorboats, yachts and sailing vessels) The price is inclusive of VAT at the rate of 20%. 110 €
truck, trailer, heavy machinery valuation service (incl. excavators, tractors, loaders, hoists, combine harvesters and couplings) The price is inclusive of VAT at the rate of 20%. 80 €
forestry machinery and equipment valuation service (incl. harvesters, forwarders, manufacturing equipment and machine tools) The price is inclusive of VAT at the rate of 20%. 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) The price is inclusive of VAT at the rate of 20%. fee as agreed
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 the interest sum of up to 6 months following termination
  • Further information on payable and paid charges is available from the Bank.
  • If the Bank is obliged to pay taxes, fees, interest, penalties or incur other costs (that are not covered in the Bank’s price list below) for the provision of securities safekeeping and transaction services to the Client, the Bank shall have the right to debit such amounts from the Client’s Current Account without Client consent.

Account opening

Effective as of 03.02.2020
Securities Account
branch office 25 €
pledge / financial collateral account 30 €
joint securities account Subject to agreement

Account closing

All securities account types Free of charge

Empty account monthly fee Fee applies in case of no balance on the securities account as of the last date of the previous calendar month.

Other securities account types 5 €

Account statements
  • Bank account statements available free of charge from internet bank.
  • Statement fees are subject to 20% VAT.
  • For accounts opened with Estonian register of securities, account opening statement and statements of holdings and transactions for securities registered with the register are available at daily weekly, monthly, quarterly and annual frequency. Periodic statements are available free of charge at Nasdaq CSD Estonian branch Estonia webpage.

Bank statements
securities account statement of holdings / transactions from branch office 2 €
copy of transaction instruction 2 €
Nasdaq CSD Estonian branch statements 2 €

Trading of equities, bonds and Exchange Traded Fund (ETF) shares
  • Percentage based trading fees calculated from trade amount, in certain cases transaction fee will be added.
  • Trading fee is charged in trading currency based on the Bank’s exchange rates.
  • Trading via brokerage is subject to the Master Agreement for Financial Transactions. Information on the agreement is available from the Bank.
  • Trading orders transmitted to the Bank can be cancelled until executed.
  • In case the order is not executed in full during a single trading day, the trading fee (including minimum trading fee) for partial order execution is charged in full for each trading day when part of the order is executed.
  • On certain markets, minimum transaction amounts may apply.
  • A stamp duty of 0,5% of transaction amount on buying UK securities and 1% on buying Irish securities is added to the transaction charges. In certain events, a higher rate (1,5%), a bonus rate or tax exemption may apply for UK securities.
  • If purchase transactions are subject to FTT according to local market regulations (e.g. France, Italy), such tax is added to the transaction charges.
  • Exchange traded funds (ETFs) are treated as shares.
  • Trading via Swedbank brokerage on other markets is subject to prior agreement with the Bank.

Shares and ETF-s Securities account in internetbank
Estonia, Latvia, Lithuania Free of charge
Sweden, Finland, Denmark, Norway, USA, Germany, UK, Canada, Netherlands, France, Belgium, Ireland 0,18%, min 18 €
Italy, Portugal, Spain, Switzwerland, Austria, Poland, Hungary, Czech 0,18%, min 25 €
Russia 0,30%, min 125 €

Shares and ETF-s Branch office Via brokerage
Estonia 0,2%, min 50 € 0,2%, min 50 €
Latvia 0,2%, min 50 € 0,2%, min 50 €
Lithuania 0,2%, min 50 € 0,2%, min 50 €
Sweden 0,2%, min 50 € 0,2%, min 500 SEK
Finland 0,2%, min 50 € 0,2%, min 50 €
Denmark 0,2%, min 50 € 0,2%, min 400 DKK
Norway 0,2%, min 50 € 0,2%, min 400 NOK
USA 0,2%, min 50 € 0,2%, min 50 USD
Germany 0,2%, min 50 € 0,2%, min 50 €
UK (London SE) 0,2%, min 50 € 0,2%, min 50 GBP
UK London International (Russian and other GDRs) 0,2%, min 50 € 0,2%, min 50 USD
Canada 0,2%, min 50 € 0,2%, min 50 CAD
Netherlands 0,2%, min 50 € 0,2%, min 50 €
France 0,2%, min 50 € 0,2%, min 50 €
Belgium 0,2%, min 50 € 0,2%, min 50 €
Ireland 0,2%, min 50 € 0,2%, min 50 €
Italy 0,2%, min 50 € 0,2%, min 50 €
Portugal 0,2%, min 50 € 0,2%, min 50 €
Spain 0,2%, min 50 € 0,2%, min 50 €
Switzerland 0,2%, min 50 € 0,2%, min 50 CHF
Austria 0,25%, min 50 € 0,25%, min 50 €
Poland 0,25%, min 50 € 0,25%, min 200 PLN
Hungary 0,25%, min 50 € 0,25%, min 15000 HUF
Czech 0,25%, min 50 € 0,25%, min 1300 CZK
Russia 0,3%, min 150 € 0,3%, min 150 USD
Bulgaria 0,6%, min 50 € 0,6%, min 150 BGN
Slovenia 0,7%, min 50 € 0,7%, min 75 €
Croatia 0,8%, min 50 € 0,8%, min 550 HRK
Romania 0,9%, min 50 € 0,9%, min 325 RON
Serbia 0,8%, min 50 € 0,8%, min 7500 RSD
Turkey 0,3%, min 50 € 0,3%, min 200 TRY

Bonds Internet bank Branch office Via brokerage
Estonia 0,2%, min 3 € - 0,2%, min 50 €
Latvia 0,2%, min 3 € - 0,2%, min 50 €
Lithuania 0,2%, min 3 € - 0,2%, min 50 €
trading in bonds in all other applicable markets via Swedbank brokerage - - 0,5%, min 50 €
transaction fee (all instruments) Included in trading fee Included in trading fee 3€ Baltic markets
4€ other markets

Transactions with investment fund units
  • Percentage based fees calculated from trade amount.
  • Fund orders submitted to the Bank cannot be cancelled.
  • Fund switch subject to the conditions specified in the fund terms, fee charged only on sell transaction.
  • Foreign fund transaction fee includes standard settlement fees charged by the Bank’s Custodians.
  • Other Estonian funds – subscription and redemption fee may be added subject to fund terms.

Subscription Regular investment Redemption Switch
Swedbank Group funds free of charge free of charge free of charge free of charge
Other foreign fixed income funds
Franklin Templeton funds 0,5% + 7 € 0,5%, min 0,75 € 7 € 7 €
funds managed by other management companies 0,5% + 21 € - 21 € 21 €
Other foreign equity and mixed funds
Franklin Templeton funds 1% + 7 € 1%, min 0,75 € 1% + 7 € 7 €
funds managed by other management companies 1% + 21 € - 1% + 21 € 21 €
Other Estonian funds 1,5 € 0,75 € 5 € 5 €

Other transactions with Estonian securities and fund units Fees charged from both parties of the transaction.
free of payment transaction 4,8 €
against payment transaction 3,2 €
pledge registration / amendment / appropriation 15 €
transfer of pledged securities 30 €
pledge release Free of charge

Other transactions with foreign securities and foreign funds
  • Fees charged from both parties of the transaction.
  • Bank internal transactions are transactions between the securities accounts of the Bank’s clients.
  • Transaction fee includes standard settlement fees charged by the Bank’s Custodians.

Bank internal transactions 6 €
Bank external transaction
Latvia, Lithuania 10 €
Belgium, Canada, Denmark, Eurobond, Finland, France, Germany, Ireland, Netherlands, Norway, Sweden, UK, USA 15 €
Austria, Czech Republic, Hungary, Italy, Poland, Portugal, Spain, Switzerland 25 €
Bulgaria, Croatia, Romania, Russia, Serbia, Slovenia, Turkey 45 €
foreign funds 45 €

Other transaction fees Cancellation is allowed if instruction is not yet processed by the Bank.
transaction cancellation Transaction fee
other transactions based on bailiff’s instructions Transaction fee
subscription to a new issue / Participating in an offer Transaction fee

Monthly Securities Safekeeping Fees
  • Safekeeping fees are subject to 20% VAT. VAT exemption applies if client safekeeps only units or shares of investment funds specified in the Investment Funds Act or investment/ exchange traded funds of the EEA member state.
  • Safekeeping fee is calculated based on the portfolio value on the last date of the calendar month. Securities are priced according to month end prices of the Bank’s local agents, market price or nominal value. Bonds are priced at nominal value. Fees are debited on the 20th or later date of the following month from the Client’s current account linked to the securities account.
  • If Client only holds securities of Estonian, Latvian or Lithuanian companies under liquidation or bankruptcy proceedings according to the Nasdaq CSD, SE data, no safekeeping fee is charged.
  • ETF safekeeping fee equals to the safekeeping fee of its trading country.
  • Estonian investment funds units safekeeping fee equals to the safekeeping fee of Estonian securities.
  • Fee for unlisted Estonian securities applies if Client safekeeps only unlisted Estonian securities on the securities account.
  • Safekeeping of Depositary Receipts (ADR, GDR) is subject to the respective DR Agent’s fees in addition to safekeeping fee.
  • Safekeeping on other countries is subject to prior agreement with the Bank.

Swedbank Group funds Free of charge
Estonia 0,004%, min 8 €, max 500 €
Only Nasdaq CSD registered unlisted securities 5 €
Other countries Safekeeping Fee Monthly Minimum per market
Latvia 0,008% 4 €
Lithuania 0,008% 4 €
Denmark, Finland, Norway, Sweden 0,01% 4 €
Austria, Belgium, Canada, Eurobond, France, Germany, Ireland, Italy, Netherlands, Portugal, Spain, Switzerland, UK, USA, Depositary Receipts 0,01% 4 €
Foreign funds 0,025% 4 €
Poland, Czech, Hungary 0,03% 4 €
Bulgaria, Croatia, Romania, Serbia, Slovenia, Turkey 0,05% 4 €
Russia 0,07% 32 €

Other Services
  • Fees for other services are subject to 20% VAT.
  • Tax relief at source / tax reclaim and general meeting services are subject to availability on each specific market.
  • Maintenance fee is charged in addition to monthly securities safekeeping fee.

Bank internal securities account opening 50 €
Bank internal securities account monthly maintenance fee 50 €
Participation in general shareholder’s meeting subject to prior agreement
Tax reclaim subject to prior agreement
Tax relief at source subject to prior agreement

Internet-bank for business clients The prices of payments made in electronic channels (Internet Banking, Internet-Bank for business clients, Swedbank Gateway) have been given under the Bank transfers.

Effective as of 09.04.2018
Monthly fee free of charge
Intra-bank payment in EUR 0,16 €
Domestic payment in EUR 0,38 €

Swedbank Gateway

Effective as of 03.01.2019
Direct channel
Direct channel package
subscription, including ordering the device sertificate 60 €
monthly fee 25 €
Operator's channel
Operator`s channel package
subscription free of charge
monthly fee free of charge
Current day data package - includes current day automated account statement Starting from 3rd of January 2019 new agreements are not concluded.
monthly fee 25 €
Fees for Operator
subscription, including ordering the device certificate 60 €
monthly fee to Operator as agreed
Additional services
Alert 0,10€/ alert
current day account statement 0,50€/ query
current day automated account statement (3 times per day) Starting from 3rd of January 2019 new agreements are not concluded. 35€ one account/ one month

Telephone bank

Effective as of 01.09.2015
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 €
domestic payment in EUR 3.20 €

Mobile

Effective as of 27.01.2020
Alerts
entry into an agreement free of charge
each alert sent by the bank 0,19 €

Bank link

Effective as of 31.03.2014
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 VAT at the rate of 20% will be added to the price.
Amendment of a Bank link agreement 15 €

Fees of identification tools used in electronic channels

Effective as of 01.04.2019
PIN calculator
unlocking a PIN calculator free of charge
Issuing a client’s confirmation certificate (B4B) on a crypto-stick 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. 160 €
Issuing a company's device certificate 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. 60 €

 

Effective as of 18.05.2015
Guarantees and standby letters of credit
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 €

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
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 €
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 €
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 €
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 €
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
fee for opening a documentary credit with cash cover 1% p.a.
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
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
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 €
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 €
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 €
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 €
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 €
pre-Advice of the credit
Fee for notifying the beneficiary of the preliminary advice of the issuance or amendment of the credit.
50 €
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 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.
export documentary credits: Swedbank client is the beneficiary of the documentary credit, i.e. the seller of goods or services
advising fee
Fee for verifying the authenticity of the credit and/or notifying the beneficiary of a credit of the same
79 €
documentary Commission
Fee for verification of compliance of one set of documents and/or forwarding the same set 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 €
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 €
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 €
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 €
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%
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 €
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 €
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 €
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 €
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 €
Documentary collections
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 €
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 €
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 €
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 €
fee for dishonour
Fee for refusing collection. The fee is usually paid by the principal of the collection.
79 €
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 €
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 €
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 €
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
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 €

Cancellations, amendments and queries for payments

Effective as of 01.03.2019
Cancellation of inter-bank payment
not credited to customer account The price does not apply to payments with future value date if the payment is cancelled before the arrival of the payment date. 3,20 €
credited to customer account The bank will not return the service charges paid by the remitter, if the payment could not be cancelled/amended. 10 €
Cancellation of domestic payment
an order not sent out of the bank The price does not apply to payments with future value date if the payment is cancelled before the arrival of the payment date. 3,20 €
an order sent out of the bank The bank will not return the service charges paid by the remitter, if the payment could not be cancelled/amended. 10 €
Cancellation and amendment of international payment
an order not sent out of the bank The price does not apply to payments with future value date if the payment is cancelled before the arrival of the payment date. 20 €
an order has been sent out of the bank The bank will not return the service charges paid by the remitter, if the payment could not be cancelled/amended. 20 € + costs of foreign banks

Queries about payments

Regarding domestic payments 10 €
Regarding payments up to 3 months old 16 € + costs of foreign banks
Regarding payments over 3 months old 32 € + costs of foreign banks
Copy of the SWIFT/SEPA message
one-time order 10€/piece
from Internet-Bank free of charge

Certificates

Simple certificate 6 €
urgent certificate issued on the same banking day (if the certificate is ordered on the same banking day before 1:00 PM) 12 €
Certificates for audit firms 20 € /piece
in the case of groups 20 € per member
Certificate for Tax and Customs Board, Police, Court free of charge
An extract from the commercial register 4 €
Formalisation of powers of attorney free of charge
Special query (including data to an electronic data meedium) 30€/hour
Ordering a copy of an original document from the archive 8€/ document
Authentication of a copy of a bank operation 2 €
Issuing copies (incl. digital) of documents related to the client’s transaction The price is inclusive of VAT at the rate of 20%. 9 €
Certificates of credit products
certificate of existence, conditions, fulfilment, amendments, etc., of a credit product (per credit agreement in Estonian or in English) 4 €
special or integrated ceritificate of one or several credit agreements ( certificate in Estonian or in English) 30€/hour
certificate of loan interest paid previous years (in Estonian or in English ) of a credit product (per credit product) 4 €

Sending bank documents

By post
to Estonia 2 € VAT at the rate of 20% will be added to the price.
abroad 4 € VAT at the rate of 20% will be added to the price.
By DHL the actual cost, debited later on the basis of an invoice

SWIFT services

SWIFT services from an account held with a foreign bank
SWIFT MT940 – incoming statement
agreement fee 25 € Upon concurrent validity of both agreements.
monthly account fee 25 € Upon concurrent validity of both agreements.
sending statements to a customer free of charge
SWIFT MT101 – outgoing payment order
agreement fee 25 € Upon concurrent validity of both agreements.
monthly account fee 25 € Upon concurrent validity of both agreements.
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) 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 €
SWIFT services from an account held with Swedbank
SWIFT MT940 – outgoing statement
agreement fee 25 € Upon concurrent validity of both agreements.
monthly account fee 35 € Upon concurrent validity of both agreements.
SWIFT MT941 – outgoing statement of intra-day account balance 1 € message
agreement fee 25 €
SWIFT MT942 – outgoing statement of intra-day operations 1 € message
agreement fee 25 €
SWIFT MT101 – incoming payment order
agreement fee 25 € Upon concurrent validity of both agreements.
monthly account fee 35 € Upon concurrent validity of both agreements.
making payment orders according to the payments price list in the branch

Additional settlement services for legal person

Settlement consultations VAT at the rate of 20% will be added to the price. 60 €/ hour
Setting a pledge on current account 500 €

Other

ID card reader 5 € VAT at the rate of 20% will be added to the price.
Confirmation of electronic payments by phone free of charge
Deposit box rent The price is inclusive of VAT at the rate of 20%.
a box with a height of 50 mm, monthly fee 15 €
a box with a height of 75 mm, monthly fee 15 €
a box with a height of 125 mm, monthly fee 25 €
a box with a height of 175 mm, monthly fee 25 €
a box with a height of 300 mm, monthly fee 30 €
Security deposit of the keys to a deposit box 200 €
Loss of a deposit box key VAT at the rate of 20% will be added to the price. the actual costs arising from opening the deposit box

Servicing payment cards (for merchants)

Effective as of 24.04.2020
Commission fee on the transaction amount as agreed
smart terminal transaction 1.45%
Fee for a technical device 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 early return fee of terminal.
rent of a payment terminal in month
stationary terminal VAT at the rate of 20% will be added to the price. 12,50 €
mobile terminal VAT at the rate of 20% will be added to the price. 19,17 €
stationary, mobile terminal VAT at the rate of 20% will be added to the price. 15,83 €
stationary terminal with bluetooth connection VAT at the rate of 20% will be added to the price. 15,83 €
installation of terminal within 2 banking days The price is inclusive of VAT at the rate of 20%. 100 €
installation of terminal starting from agreement signing witin 5 banking days free of charge
replacement of card payment terminal at the client’s request The price is inclusive of VAT at the rate of 20%. 25 €
penalty for failure to return payment terminal on time cost of terminal according to certificate
Fee for amendment of payment card service contract 15 €
Early return fee of terminal equal to the sum of rental fees still payable for that moment
Smart terminal purchase fee (Seller: Hansab AS) VAT at the rate of 20% will be added to the price. 104 €

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 VAT at the rate of 20% will be added to the price. 0,11 € per instance
Amendment of a Bank link agreement 15 €

Swedbank Payment Portal

”Package 1”
Bank Link, commission fee on the transaction amount as agreed
Payment card service on the Internet, commission fee on the transaction amount as agreed
Transaction processing fee:
payment card service on the Internet, Swedbank Estonia Bank Link, domestic Bank Links VAT at the rate of 20% will be added to the price. 0,10 €
Monthly fee VAT at the rate of 20% will be added to the price. 25 €
Integration setup fee VAT at the rate of 20% will be added to the price. 50 €
Fee for amendment of agreement 15 €
”Package 2”
Bank Link, commission fee on the transaction amount as agreed
Payment card service on the Internet, commission fee on the transaction amount as agreed
Transaction processing fee:
payment card service on the Internet, Swedbank Estonia Bank Link, domestic Bank Links VAT at the rate of 20% will be added to the price. 0,10 €
Monthly fee VAT at the rate of 20% will be added to the price. 50 €
Integration setup fee VAT at the rate of 20% will be added to the price. 50 €
Fee for amendment of agreement 15 €

Reports to be ordered - Shopper Profile Report VAT at the rate of 20% will be added to the price.

Basic 105 €
Standard 625 €
Detailed 1300 €

E-invoice

E-invoice sending service VAT at the rate of 20% will be added to the price.
subscription 30 €
amendment 10 €
subscription to domestic e-invoice service The fee will be calculated for each e-invoice sending registration application sent to bank, who is member in crossusage system. 8 €
The fee for sending a e-invoice (per invoice sent) VAT at the rate of 20% will be added to the price.
The monthly fee for e-invoices sent through Swedbank Gateway or the Operator Channel is calculated on the basis of e-invoices sent during the previous month.
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 €
Implementation of the company’s design template in the Swedbank Internet bank VAT at the rate of 20% will be added to the price.
the first implementation 32 €
each subsequent change of the template 28 €
Agreement about reports (based on e-invoice agreement) VAT at the rate of 20% will be added to the price.
e-invoice standing order agreements report fee 9,50€/ month
e-invoice standing order agreements payments report fee 9,50€/ month
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
Current account
monthly fee for current account 20 €
Payments in euros
intra-bank payments Price applicable in Internet Bank for business clients (Package I).
intra-bank payment 0,16 €
payments with Estonian banks Price applicable in Internet Bank for business clients (Package I).
regular domestic payment 0,38 €
payments with Swedbank Group banks Price applicable in Internet Bank for business clients (Package I).
group payment 0,38 €
European payments Price applicable in Internet Bank for business clients (Package I).
European payment 0,38 €
incoming intra-bank, domestic, group or European payment 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. 0,12 €
Payments in foreign currencies
incoming intra-bank or group payment 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. 0,12 €
Swedbank Gateway
subscription incl. ordering of company certificate 75 €
monthly fee 100 €
alert 0,15 € per alert
account statement for current day 1,50 € per query
Bank link
authentication service not offered
subscription 75 €
monthly fee 15 €
transaction fee 2%, min 0,2 €
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.

 

Effective as of 09.12.2019
Cash
Depositing

At bank office

  • will be immediately transferred to the payer's account;
  • 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.
Opening a current account
The decision of current account openening

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 after paying the fee of enhanced due diligence measures and all necessary documents are submitted.

  • 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
Domestic payments

Incoming domestic payments

  • An incoming domestic payment is transferred to the beneficiary's account on the settlement day of receipt of the money if beneficiary's details are correct.

Outgoing regular domestic payments and instant payment:

  • 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;
  • instant payment is sent to the beneficiary's bank without delay if beneficiary's bank is joined the instant payment scheme.

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 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 beneficiary's account generally without delay.

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 beneficiary's account inside the bank or sent to the beneficiary's bank not later than 10:00 am on the value date
Foreign payments

Incoming international payments

  • European payment is transferred to the beneficiary's account on the settlement day of receipt of the money if beneficiary's details are correct.
  • receipts through international settlement systems are credited to the beneficiary's account on the bank's value date; 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.
  • receipts from banks in the Swedbank Group are credited to the beneficiary's account on the bank’s value date; 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.
  • receipts through the bank's correspondent accounts are credited to the beneficiary's account until 4:00 pm on the bank's value date; 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.
  • receipts are credited to the beneficiary's account on the bank’s value date provided that the beneficiary's details are correct. 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.

Outgoing international payments

Payment type

  • Ordinary
    • ordinary European payment are sent to the beneficiary’s bank one settlement date after the client's value date; Client's value date is the calendar day when the Bank debits the remitter's account or credits the beneficiary's account.
      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, Monaco, San Marino, Vatican, Andorra).
    • ordinary payments are sent to the beneficiary’s/correspondent bank two settlement date after the client's value date, excl payments that are made in euros and transferred to European countries, that are sent to the beneficiary’s bank one settlement date after the client's value date; Client's value date is the calendar day when the Bank debits the remitter's account or credits the beneficiary's account.
      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, Monaco, San Marino, Vatican, Andorra).
  • Urgent
    • urgent European payments are sent to the beneficiary's/correspondent bank on the same settlement date if the payment order is submitted to the bank before 4:00 pm;
    • urgent payment orders, except orders in EUR and USD, are sent to the beneficiary’s/correspondent bank one settlement date after the client's value date if the payment order is submitted to the bank before 2:00 pm. Client's value date is the calendar day when the Bank debits the remitter's account or credits the beneficiary's account.
    • EUR and USD urgent payment orders (excl urgent European payment) are sent to the beneficiary’s/correspondent bank one settlement date after the client's value date if the payment order is submitted to the bank before 3:00 pm; Client's value date is the calendar day when the Bank debits the remitter's account or credits the beneficiary's account.
  • Express
    • express payments of less than 10 million euros (or same amount in foreign currency) are sent to the beneficiary'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 beneficiary'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 payment scan only make in USD and in EUR.
  • Swedbank Group payments are sent to the beneficiary’s bank on the following settlement date.
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 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
Ordered periodical statements

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.

Securities transactions

Transaction value date

  • stock exchange transaction: T +2 or T+3 according to market practice T is the transaction date, i.e. the date of agreement / conclusion of the transaction.
  • extra-stock exchange transaction without or against payment: upon agreement between the parties to the transaction from T+0 to T+n according to the stock market practice. T is the transaction date, i.e. the date of agreement / conclusion of the transaction.

Fund units transaction value date – according to fund conditions.

Transaction realisation entries are made:

  • in case of securities registered in the Estonian securities register (Nasdaq CSD SE Estonian branch) transaction value date from 8:15 a.m. until 7:15 p.m. if the securities register 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
Currency / Country to Latvia to Lithuania to Sweden to Denmark to Norway to Finland
EUR on the same settlement date if the payment order is submitted to the bank before 5:30 pm
USD on the same settlement date if the payment order is submitted to the bank before 4:00 pm
SEK on the same settlement date if the payment order is submitted to the bank before 4:00 pm
NOK on the same settlement date if the payment order is submitted to the bank before 3:00 pm
DKK on the same settlement date if the payment order is submitted to the bank before 3:00 pm
Other currencies on the same settlement date if the payment order is submitted to the bank before 3:00 pm on the day after the next banking day