Fees for Business customers
|Opening of current account|
|Mono-currency account in EUR currency||EUR 150|
|Multi-currency account||EUR 450|
|International Customer set registration fee (opening of current account, issuing of one Payment Card Visa Electron, Maestro or Cash Card Cirrus (EUR, USD) free of charge for the first year, registration of Citadele Online Banking and issue of Digipass or Digipass Go3 for one user, registration of Citadele SMS Bank)|
|If opening a mono-currency account in EUR||EUR 200|
|If opening a multi-currency account||EUR 500|
|Verification of authority on representing of the legal entity (non-resident of LR), current customer of Citadele Bank in connection with account servicing and new services providing in connection with or amendments in the current services, on the basis of the documents presented by customer||EUR 75 or EUR 1001|
|Processing of Signature and Seal Samples Card in Citadele Bank||free of charge|
|Change of signature and Seal Samples card||EUR 50|
|Maintenance of current account2:|
|For legal entities EU non-residents||EUR 50 per month3|
|if a payment card attached to account has expired, new card has not been issued to the customer, for the first year of card’s inactivity||EUR 3 per month4|
|if a payment card attached to account has expired, new card has not been issued to the customer, for the second and further years of card’s inactivity||EUR 15 per month4|
|Maintenance of inactive customer’s account2,5:|
|if there have not been customer’s initiated transactions performed on the account for more than 12 months and customer has no other contracts concluded with Citadele Bank||75 EUR per month4|
|if there have not been customer’s initiated transactions performed on current account for more than 3 years and customer has no other contracts concluded with Citadele Bank||150 EUR per month4|
|if cooperation with customer is terminated according to the Bank’s initiative and customer hasn’t performed transfer/ withdrawal of funds from the account within the term specified in the notice||300 EUR per month4|
|Renewal of the current account after its closure with the previous IBAN number (as agreed with Citadele Bank)||100 EUR|
|Remuneration to Citadele Bank for the balance of money in the current account of a client or a group of related clients exceeding:||Annual interest rate12|
|CHF 100 000||1.00%|
|DKK 750 000||1.00%|
|EUR 1 000 000 13, 14||0.25%|
|SEK 1 000 000||1.00%|
|Closure of account:|
|if account is closed according to the customer’s initiative and less than 12 months have passed after opening of the account (the fee is applied only to accounts with no payment card attached)||free of charge6|
|in other cases||100 EUR7|
Effective from 10.05.2018.
Attorneys for transactions with safe-box
|Issuing of power of attorney in Citadele Bank for legal entities for transactions with safe-box||10 EUR|
Effective from 01.01.2015.
|Opening, servicing and closure of an escrow account||free of charge|
|Processing of standard agreement of escrow account (lending excluded)9||0.4% of transaction amount (min. EUR 70)|
|Processing of non-standard agreement of escrow account (lending excluded)||individually, information in Citadele Bank|
|Processing of amendments of escrow agreement (lending excluded, per each time10||EUR 30|
|Information presenting to escrow parties on account credit, escrow conditions fulfilment||free of charge|
|Opening of current account in Citadele Bank for escrow parties||free of charge11|
|Processing of escrow account agreement for legal entities, if escrow account is used within the lending transaction12||0.5% of transaction amount (min. EUR 145, max. EUR 715)|
Effective from 01.03.2016.
1 In instances of change of Signatures and Seal Samples Card, additional fee for change of Signatures and Seal Samples Card is not applied.
2If currency of the account is not EUR, fee is charged in equivalent.
3 If there are insufficient funds with the account for charging a fee or commission, the charges are accrued and carried forward to the next month. If customer has several current accounts, then commission is charging for one account at the discretion of the bank.
4 Till account balance is zero.
5 Not applicable if the current account maintenance fee determined for legal entities – EU non-residents is applicable.
6 If account balance exceeds zero at the moment of the closure of the account, commission fee is charged for the amount of the balance of the account, but not exceeding EUR 100.
7 Fee is applied if account balance is less than indicated amount.
8 Applicable for the entire amount of the current account balance for the actual days when the account’s end-of-the-day balance is equal to or exceeds the specific amounts.
9 Processing of escrow account agreement for legal entities – SIA “Citadele līzings un faktorings” (CLF) customers, if escrow account is used within transaction, when the loan is issued by CLF, for Rural support service project realization – EUR 25.
10 Processing of amendments of escrow account agreement for legal entities – SIA “Citadele līzings un faktorings” (CLF) customers, if escrow account is used within transaction, when the loan is issued by CLF, for Rural support service project realization – EUR 25 (per each time).
11 In cases if current account shall not be used for further business activity transactions or private payments.
12 It is calculated from the balance in the current account for each calendar day when the account balance at the end of the day is equal to or exceeds the amounts specified in the Price List, and the total amount calculated in a calendar month is deducted from the account on the last day of the same month..
13 Citadele Bank shall individually notify the Client about the application of remuneration 14 calendar days in advance, except for cases when the Client fails to meet the conditions set forth in Clause 14 below as a result of which the remuneration shall be applied without separate notice.
14 The remuneration shall be applied to all clients which are:
- Insurance or reinsurance companies and financial institutions (including branches thereof) controlled by the FCMC or other financial market supervisory authorities whose main activity is related to the provision of financial services;
- Other providers of lending and leasing services.