Financial instruments and currency exchange transactions

Brokerage Services

Currency Exchange transactions and transactions with Gold
 Cash/non-cash currency exchange transactions and transactions with Gold up to EUR 4000 Citadele Bank's official currency rate
 Cash/Non-cash currency exchange transactions and transactions with Gold over EUR 4000 Individually, the information in Citadele Bank
 Foreign Exchange margin trading Individually, the information in Citadele Bank 1

 

Financial Instruments 2:

Debt securities transactions 3 0.1% (min. 50 EUR)4

 

Stock transactions (incl. ETF, ADR, GDR)5:

At Riga, Vilnius and Tallinn stock exchanges 0.35% (min. 10 EUR)
At European, Scandinavian, Russian stock exchanges6 0.4% (min.50 EUR)4
Transaction at the USA and Canadian stock exchanges, if the share price is less than 15 USD, CAD 0.04 USD, CAD per stock (min. 40  USD, CAD)7
Transaction at USA and Canadian stock exchanges if the share price is over 15 USD, CAD 0.3%(min. 40 USD, CAD)7
A transaction with options of the USA stock exchanges 2.50 USD for a contract (min. 25 USD)

 

Transactions with funds4,8

Purchase of shares of:
Bond funds 0.5% (min. EUR 5.50 / 20 EUR)
Balanced funds and fund of funds 0.75% (min. EUR 5.50 / 20 EUR)
Stock funds and alternative investment funds (incl. hedge) 1.5 % (min. 5.50 EUR / 20 EUR)
Sale of fund shares 20 EUR / 5.50 EUR
Financing against Financial instruments pledge – products:
Transaction EUR 50 000 and over EUR 50 000, or the equivalent in another currency Free of charge
Transaction up to EUR 50 000, or the equivalent in another currency 300 EUR
Amendments to the terms of Repo transaction Individually, the information in Citadele Bank
Brokerage services not included in tariffs Individually, the information in Citadele Bank

Effective from 30.08.2019.

 


Transaction commission fee or Citadele Bank’s mark-up is included in price of the transaction. Information in Citadele Bank.
In particular stock exchanges/countries a duty on trade of financial instruments can be levied in correspondence with the legislation of this country (for example –Stamp Duty in Great Britain. More detailed information in Citadele Bank).
By executing an over-the-counter (OTC) securities transaction at more favorable price for the client rather price specified in the limit order, the bank compensates the client 50% of the mark-up , which is formed from the difference between the price specified in the limit order and the actual execution price.
If transaction is not performed in EUR currency, commission fee is calculated in the currency of the transaction. Minimum fee (set in EUR) equivalent in currency of respective transaction, is calculated according to Citadele Bank’s currency rate at the moment of transaction.
If customer’s order for transactions with financial instruments is executed partially, commission fee usually is charged once within one transaction day.
Additional comission fee for settlement transactions is applied according to the Pricelist.
Commission in transaction currency.
To the investment funds managed by IPAS ‘CBL Asset Management’ (including Latvian Central Depository transaction fee ) is applied min.fee– 5.50 EUR, to other funds 20 EUR.