Price list

The price list of Swedbank will change on 1st of October. Read about changes from here. addExpand all sections minusClose all sections

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 Estonian and EU member state (including Norway, Iceland, Liechtenstein, Switzerland) resident free of charge
for another country resident 200 €
Deposits free of charge

Closing accounts

Effective as of 30.06.2014
Disbursement of payments made to a private person's closed account
direction of payments to a Swedbank account within 1 month as of closure of the account free of charge
direction of payments to an account with another Estonian bank within 1 month as of closure of the account fee of the domestic payment in a branch

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
Current account default interest rate 0.2% a day

 

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.
AUD 0%
CAD 0%
CHF 0%
CZK 0%
DKK 0%
EUR 0.01%
GBP 0%
JPY 0%
NOK 0%
PLN 0%
RUB 0%
SEK 0%
USD 0%

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 In the Internet Banking 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 €; In the Internet bank for private clients free of charge for people up to 25 years of age (incl.) and over 65 years of age (incl.) This also applies to clients who were at least 60 years old on 8th of March 2018 and held a current account. 0,16 €, free of charge for private clients over 65 years of age (incl.) This also applies to clients who were at least 60 years old on 8th of March 2018 and held a current account.
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 €, In the Internet bank for private clients free of charge for people up to 25 years of age (incl.) 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 €, In the Internet bank for private clients free of charge for people up to 25 years of age (incl.)
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 €, In the Internet bank for private clients free of charge for people up to 25 years of age (incl.)
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 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
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 individual to their own account 0,25%, min 2,60 €
to a minor’s account The fee is charged on the amount that exceeds 100 € per calendar month and the cash is deposited in branch. The service fee is client-based on the basis of calculation is a calendar month. up to 100 € per calendar month – free of charge; starting from 100 € per calendar month 0.25% of the deposited amount that exceeds 100 €
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 of coins to a minor’s account The fee is charged on the amount that exceeds 100 € per calendar month and the coins are deposited in branch. The service fee is client-based on the basis of calculation is a calendar month. up to 100 € per calendar month – free of charge; starting from 100 € per calendar month 2% of the deposited amount that exceeds 100 €
payment from account in coins 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

 

Effective as of 09.03.2020
Issuing the first debit card associated with an account Except ISIC MasterCard Student card. free of charge
Issuing an additional debit card associated with an account Except ISIC MasterCard Student card. according to price list
Renewal of a card Except ISIC MasterCard Student card. free of charge
Maestro debit card Maestro debit card in not issued from 2nd of October 2017.
monthly fee of a card The debit card fee is not applicable to the customers who as of 01.08.2011 were at least 60 years old and had Maestro debit card. 0,96 €
Debit card Plus
issuing a card 2,50 €
monthly fee of a card 1,28 €
monthly fee of a card for up to 19-year-olds (incl.) free of charge
monthly fee of a card for 20-25-years old (incl.) 0,32 €
monthly fee of a card from age 65 (incl.) 0,32 €
A temporary ATM card (valid for 1 month)
issuing a card 2,50 €
ISIC MasterCard Student card
issuing a card 6,33 €
replacement of a card 6,33 €
monthly fee of a card 0,32 €
renewal of a card 6,33 €
Youth card Youth card in not issued from 2nd of April 2019.
monthly fee of a card for up to 19-year-olds free of charge
monthly fee of a card for people aged 20-25 0,32 €
Senior card Senior card in not issued from 2nd of April 2019.
monthly fee of a card 0,32 €
MasterCard Private Banking Card
issuing a card 2,50 €
monthly fee of a card 1,98 €

General service and transaction fees

Cash deposit in euros in home bank's terminal A limit of 10,000 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
up to 2000 € per calendar month free of charge
over 2000 € per calendar month 0.3% of the amount that exceeds 2000 €
from other bank’s terminals in Estonia and abroad 1 € + 2.5% of the amount
with debit cards issued by Swedbank from Swedbank Group ATMs in Latvia, Lithuania, Sweden ATM in Sweden is Bankomat.
up to 2000 € per calendar month free of charge
over 2000 € per calendar month 0.3% of the amount that exceeds 2000 €
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 € (free for clients aged 65 and more) This also applies to clients who were at least 60 years old on 1 September 2015 and held a current account.
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 for using a closed card 65 €
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 09.03.2020
Revolving credit card When paying for goods or services with the private person’s Revolving credit card, the bank shall not calculate interest as from making the transaction with the respective card until the last day (incl.) of the same month, after the aforementioned period, the bank shall begin calculating interest. Upon making a payment and withdrawing cash from the limit account, the bank shall begin calculating Interest immediately, unless the amount of the aforementioned transactions remains within the positive balance of the limit account.
monthly fee 1,30€, free of charge for people up to 25 years of age
monthly fee of an additional card 1,30 €
annual interest rate 19-22%
penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
Fixed payment credit card
annual interest rate 19-22%
penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
debt notice 3 €
Gold Revolving credit card When paying for goods or services with the private person’s Gold Revolving credit card, the bank shall not calculate interest as from making the transaction with the respective card until the 10th calendar day (incl.) of the following month, after the aforementioned period, the bank shall begin calculating interest. Upon making a payment and withdrawing cash from the limit account, the bank shall begin calculating interest immediately, unless the amount of the aforementioned transactions remains within the positive balance of the limit account.
monthly fee 4,96 €
monthly fee of an additional card 3,36 €
annual interest rate 17-20%
penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
debt notice 3 €
Visa Platinum credit card When paying for goods or services with the Visa Platinum Credit Card, the transaction amount is subject to an up to 40-day interest-free period (between the date of purchase and the payment date). Upon making a payment and withdrawing cash from the limit account, the bank shall begin calculating interest immediately, unless the amount of the aforementioned transactions remains within the positive balance of the limit account.
monthly fee 12,90 €
monthly fee of an additional card 10,90 €
Visa Platinum extra package 160,20 € a year If the period between ordering Visa Platinum extra package and expiry of Visa Platinum card is less than one year, the Bank will debit a fee for an extra package in full amount.
The price is inclusive of VAT at the rate of 20%.
annual interest rate 14-17%
penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
the Priority Pass salon visit fee
for holder of Visa Platinum card with extra package free of charge
for holder of Visa Platinum card without extra package 28 € per visitor
for persons accompanying Visa Platinum cardholder 28 € per visitor

General service and transaction fees

Card opening fee
opening a card at branch 2,50 €
opening a card in Internet Bank 1,50 €
Payment in a commercial enterprise free of charge
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 If upon the renewal of a credit card on the basis of an application, the credit limit of the credit card is rounded by increasing or decreasing the credit limit up to 50 € (incl.), no fee for amending the credit limit shall be charged when increasing or decreasing the credit limit.
increase of credit limit at branch 1% of the requested additional limit, min 10 €
increasing of credit limit in the Internet Bank 3,20 €
amendment of the agreement at branch 10 € (excluding changing the user limits)
amendment of the agreement in the Internet Bank free of charge
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)
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 €
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.
VISA or MasterCard 1% of transaction amount
Renewal of primary and additional card free of charge
Retrieval of bank cards from other banks from Swedbank ATMs 30 €

 

Effective as of 20.01.2020
Plans name Formalisation fee Monthly fee
Payments Plan

Includes:

  • One debit card with no maintenance fee;
  • Free intra-bank and domestic payment in Euros (incl. Instant payment), European payments and Swedbank Group payments in Internet bank, Swedbank mobile app, as a standing payment order;
  • Execution of the E-invoice standing order

The plan can be selected by clients starting from age 26.

free of charge 1,5 €

 

Effective as of 18.03.2020
1. Housing loan and Home equity loan
agreement fee 1% of the loan amount, no less than 190 €
KredEx collateral fee 3 % of the surety amount
amendment of the agreement 190 €
loan principal repayment holiday free of charge
amendment of the payment date (in branch or in Internet Bank) free of charge
amendment of the servicing account (in branch or in Internet Bank) free of charge
lowering the interest rate, formalisation of an additional sum 1% of the loan amount, no less than 190 €
early repayment fee (including partial repayment)
in branch In the event of early repayment of a fixed-interest euro loan in the course of the period of fixation of the loan interest rate, an early repayment fee is charged as a difference between the contractual fixed interest rate of the euro and the fixed interest rate of the euro in the period from the early repayment until the end of the interest rate fixation. The early repayment fee is calculated on the respective period as from the date of early repayment until the contractual date of expiry of the fixation. the amount of 3 months' interest (not applied in case of 3 months' advance notice)
in Internet Bank In the event of early repayment of a fixed-interest euro loan in the course of the period of fixation of the loan interest rate, an early repayment fee is charged as a difference between the contractual fixed interest rate of the euro and the fixed interest rate of the euro in the period from the early repayment until the end of the interest rate fixation. The early repayment fee is calculated on the respective period as from the date of early repayment until the contractual date of expiry of the fixation. the amount of 1 month interest
fee for processing arrears 3,20 €
penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
2. Student loan
first application (in the 2020/2021 academic year) free of charge
first application via the Internet Bank free of charge
refinancing 7 €
amendment of the repayment schedule (frequency of repayment and amendment of the due date of the schedule) 7 €
preparation of a special schedule 16 €
penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
default interest after the due date of the loan (i.e. after termination of the agreement by the bank) annual interest rate under the agreement
compensation for prepayment of the loan amount or a part thereof If the collateral is property, the amount of the compensation may not be bigger than the amount the borrower would have paid as interest in the period between the prepayment date and the loan maturity date.
Applies to the agreements concluded since 01.07.2011.
1% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date is longer than one year
compensation for prepayment of the loan amount or a part thereof If the collateral is property, the amount of the compensation may not be bigger than the amount the borrower would have paid as interest in the period between the prepayment date and the loan maturity date.
Applies to the agreements concluded since 01.07.2011.
0.5% of the prepaid loan amount or the part thereof if the period between the prepayment date and the loan maturity date does not exceed one year
3. Credit line
annual interest rate 13%-22%
agreement fee in a branch 1,5% of the credit limit, no less than 45 €
agreement fee in Internet Bank (i.e. there is an offer) 1,5% of the credit limit, no less than 35 €
commitment fee 1,2% of the unused credit limit (annual rate)
automatic credit limit extension fee free of charge
increasing the credit limit 1% of the additional credit limit, no less than 35 €
credit limit reduction fee free of charge
amendment of the payment date free of charge
amendment of the servicing account free of charge
early termination of the agreement free of charge
penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
default interest after the end term of the agreement (i.e. after termination of the agreement by the bank) annual interest rate under the agreement
4. Small loan
annual interest rate 12,90-22,90%
agreement fee in a branch 1,5% of the loan amount, no less than 50 €
agreement fee in Internet Bank and Mobile Bank (i.e loan agreement concluded based on an offer) 1,5% of the loan amount, no less than 35 €
formalisation of an additional amount in a branch 1,5% of the additional amount, no less than 50 €
formalisation of an additional amount in Internet Bank 1,5% of the additional amount, no less than 35 €
amendment of the agreement 25 €
amendment of the payment date free of charge
amendment of the servicing account free of charge
re-registration of loan products into a small loan 1,5% of the loan amount, no less than 35 €
repayment of the loan (including partial repayment) free of charge
penalty ECB interest rate + 8% a year (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.
default interest after the due date of the loan (i.e. after termination of the agreement by the bank) annual interest rate under the agreement
5. Car loan
annual interest rate 7,90-16,90%
agreement fee 1,5% of the loan amount, no less than 100 €
amendment of the interest rate 50 €
other fees according to point 4
6. Home small loan
annual interest rate 7,90-14,90%
agreement fee 1% of the loan amount, no less than 100 €
formalisation of an additional amount 1% of the additional amount, no less than 100 €
amendment of the interest rate 50 €
other fees according to point 4

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 operational 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 €
Amendment of the lease agreement
changing the payment date (first change is free of charge) 30 €
restoration of the agreement, repayment holiday (along with extending the period regarding the repayment holiday) 65 €
payment of an additional payment of operating lease if accompanied by an amendment (including repayment schedule amendment) of the lease agreement 160 €
payment of an additional payment of capital lease and hire-purchase sales agreement if accompanied by an amendment (including repayment schedule amendment) of the lease agreement (in the case of a fixed interest agreement) 160 €
extension/reduction of the contract period (during the period or at the end of the period) and/or amendment of the type of the contract 120 €
reduction of the interest rate 1% of the outstanding amount, no less than 65 €
Early termination of the lease agreement
in the case of an operating lease, capital lease and hire-purchase sales agreement if the agreement has been made before 01 July 2011 free of charge
if the termination of the agreement takes place within the first 9 months the interest until the end of the 9th month
in the case of operating lease if the agreement has been made after 01 July 2011 free of charge
if the termination of the agreement takes place within the first 9 months the interest until the end of the 9th month
in the case of a fixed interest capital lease and hire-purchase sales agreement if the agreement has been made after 01 July 2011 1% of the sum of unpaid instalments if the agreement term expires in 1 year or later; 0.5% of the sum of unpaid instalments if the agreement term expires in less than 1 year
in the case of a Libor/Euribor capital lease and hire-purchase sales agreement if the agreement has been made after 01 July 2011 free of charge (interest for the period used)
in case of sale at higher price 65 €
Penalty ECB interest rate + 8% (currently 0.022% a day, 8.00% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate).
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
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) (within 4 working days) The price is inclusive of VAT at the rate of 20%. 73,50 €
release of the additional collateral (suretyship, guarantee) The price is inclusive of VAT at the rate of 20%. 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
  • 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
internet bank free of charge
branch office 4 €
joint securities account 65 €

Account closing

All securities account types free of charge

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.
  • ETF safekeeping fee equals to the safekeeping fee of its trading country.
  • Safekeeping of Depositary Receipts (ADR, GDR) is subject to the respective DR Agent’s fees in addition to safekeeping fee.
  • Safekeeping on other countries is subject to prior agreement with the Bank.
  • Other investments: Austria, Belgium, Canada, Estonia, France, Germany, Ireland, Italy, Latvia, Lithuania, Netherlands, Portugal, Spain, Switzerland, UK, USA, Depositary Receipts, Poland, Czech, Hungary, Bulgaria, Croatia, Romania, Serbia, Slovenia, Turkey, Russia, foreign funds

Swedbank Group funds free of charge
Other investments, equities, bonds
up to 30 000 € free of charge
from the value above 30 000 € 0,008% per month, max 8 €

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

Second pillar pension funds

Effective as of 06.08.2018
Selection
selection application free of charge
selection application via an authorised natural or legal person 4,79 €
Switch
switch free of charge
switch via an authorised natural or legal person 7,99 €
Payments
one-off payment free of charge
fund pension free of charge
Succession
recovery of inherited pension fund units 20 €
transfer of inherited pension units to successor’s pension account 3 €
recovery of inherited pension fund units and transfer to successor’s pension account 20 €

Third pillar pension funds

Opening a pension account and selection of funds
selection application free of charge
selection application via an authorised natural or legal person 3,20 €
Contributions to third pillar pension fund
standing order for purchasing voluntary pension fund units free of charge
single payment for purchasing voluntary pension fund units free of charge
Switch
switch free of charge
switch via an authorised natural or legal person 3,20 €
Payments
one-off payment 3,20 €
Recovery of pension fund units and transfer to insurance contract
recovery of units and transfer to Swedbank Life Insurance contract free of charge
recovery of units and transfer to another insurance company’s contract 3,20 €
succession No entry or redemption fees apply when switching between Swedbank’s voluntary pension funds and purchasing units thereof. A redemption fee is charged upon recovery (sale), incl. transfer to an insurance contract, according to the fund prospectus. Entry and redemption fees may be charged when switching between or purchasing or selling units of voluntary pension funds offered by other management companies according to the fund prospectus.
recovery of inherited pension fund units 3,20 €
transfer of inherited pension fund units to successor’s pension account 3,20 €
recovery of inherited pension fund units and transfer to successor’s pension account 3,20 €
Pension account statement The statement fee is subject to 20% VAT. Account statements can be obtained from the Internet Bank free of charge.
pension account statement from a branch 1,60 €
pension account balance notice free of charge

Internet bank The prices of payments made in electronic channels (Internet Banking) have been given under Bank transfers.

Effective as of 20.12.2007
Monthly fee free of charge
Intra-bank payment in EUR 0,16 €
for up to 25-year-olds (incl.) free of charge The discount only applies when making payments from one’s own account.
for seniors (over 60 years of age, incl.) free of charge The discount only applies when making payments from one’s own account.
Domestic payment in EUR 0,38 €
Notification of services by an SMS or e-mail at the customer’s request 0,19 €

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
Balance in mobile
entry into an agreement free of charge
each balance query (a call at number 1503) call minute charge according to the operator’s price list, Swedbank does not charge extra
Alerts
entry into an agreement free of charge
each alert sent by the bank 0,19 €

Fees of identification tools used in electronic channels

Effective as of 01.04.2019
PIN calculator
issuing a calculator for a private person over 65 years of age (incl.) 7 €
issuing a calculator for a private person up to 65 years of age 15 €
unlocking a PIN calculator free of charge

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 €
Certificate for Tax and Customs Board, Police, Court free of charge
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 €
certificate of housing loan interest paid last year (in Estonian) free of charge
certificate of housing loan interest paid last year (in English) 1,60 €

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

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
Price list applies to Private Banking and Personal Wealth Management customer and services excluded to this price list are subject to banks standard price list.

Portfolio Management Agreement, Asset Management Agreement

Effective as of 01.01.2020
Monthly management fee The management fee is calculated on the market price of the average asset volume for the previous calendar month and debited in the end of the following month.
VAT at the rate of 20% will be added to the price.
annual interest rate up to 1,20% of managed assets volume, min 100 €
Success fee VAT at the rate of 20% will be added to the price.
The success fee is calculated for the previous year and debited in the 1st half of the current year.
10% of income amount of managed assets exceeding Success fee threshold agreed in the agreement

Agreement on Intermediation of Bank Services

Monthly agreement fee VAT at the rate of 20% will be added to the price. starting from 100 €

Private Wealth Management Customer Agreement

Monthly agreement fee VAT at the rate of 20% will be added to the price. starting from 100 €

Private Banking Agreement for non-resident customer of Private Wealth Management (as off 01.06.2019)

Monthly agreement fee VAT at the rate of 20% will be added to the price. starting from 100 €

Bank transfers Fees apply for payments made in Private Banking or in Private Wealth Management branch or via phone.

Outgoing payment
intra-bank payment
in euros 4,60 €
in foreign currency 4,60 €
Domestic payment / European payment
ordinary payment 6,40 €
Swedbank Group group payment
in euros 6,40 €
in foreign currency 6,40 €

Debit cards

MasterCard Private Banking Card Private person
issuing a card 2,50 €
monthly fee of a card 1,98 €

Securities account and transactions for Portfolio Management customer Discounts enter into force in the calendar month following the month of becoming a customer of the Portfolio Management service and/or opening a (special) securities account. Discounts expire in the calendar month following the expiry of the customer status of the Portfolio Management service. In other cases standard fees apply to securities account and transactions.

Securities Account (Portfolio Management investment account) opening in branch free of charge
Monthly Securities Safekeeping Fees (Portfolio Management investment account) Private person
Swedbank Group funds free of charge
other securities
up to 30 000 euros free of charge
from the value above 30 000 euros 0,008%, max 8 €
Monthly Securities Safekeeping Fees (Portfolio Management investment account) Legal person
Swedbank Group funds free of charge
other securities
up to 30 000 euros free of charge
from the value above 30 000 euros VAT at the rate of 20% will be added to the price. 0,096%
Monthly Securities Safekeeping Fees (excluded for Portfolio Management investment account) Private person
Swedish securities free of charge
empty securities account free of charge
Trading (equities and Exchange Traded Fund shares) Private person
Swedish securities transaction on OMX Stockholm stock exchange via securities account (excluded for Portfolio Management investment account) Trading fee is debited in trading currency. Discounts shall not be applicable if the transaction order is mediated by the Bank’s broker (incl. by phone), which requires entry into a Financial Services Framework Contract. 0,10% form trade amount, min 6,50 €

 

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.

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 is made within 10 banking days of receipt of all required documents

In the case of private persons who are not citizens of the Republic of Estonia or do not hold an Estonian residence permit (a long-term resident's residence permit or a temporary residence permit for at least one year)
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.

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
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