Lending

Bank Guarantee

Consideration of an application for receiving of guarantee (s)/ consideration of amendments:
if secured by cash assets or term deposit Free of charge
other security1 Free of charge
Preparation of agreement on issuance of bank guarantee(s) and related documents:
if secured by cash assets or term deposit Free of charge
other security As agreed (min 150 EUR)
Issuance of a guarantee/ increase in guarantee amount / term prolonging:
if secured by cash assets 0.3% from guarantee amount / of amount regarding which amendments are made to (min. EUR 100)
other security 0.8% from guarantee amount / of amount regarding which amendments are made to (min. EUR 150)
Fee for guarantee utilisation:
if secured by cash assets or term deposit 0.8% per annum of guarantee amount / of amount regarding which amendments are made to
other security Starting from 3% per annum of guarantee amount / of amount regarding which amendments are made to
Amendments to the agreement 75 EUR
Amendments to guarantee (except increase in guarantee amount) 80 EUR
Amendments to guarantee (including increase in guarantee amount) 50 EUR
Additional commission fee for urgent execution of guarantee, its amendments, confirmation, during 1 working day 50 EUR
Preparation and reconciliation of the guarantee’s draft (applicable if guarantee is not issued) 50 EUR
Payment under guarantee/ Processing of payment demand 0.2% of the repayable amount (min. EUR 200)
Notification on guarantee issued by another bank 0.1% of guarantee amount (min. EUR 85, max. EUR 500)
Notification on amendments to the guarantee issued by another bank, revocation of the guarantee 75 EUR
Preparation and sending of the claim under the guarantee, on behalf of the customer 250 EUR
Review and confirmation of the authenticity of the guarantee issued by the other bank 40 EUR
Revocation of the guarantee before expiry date2 25 EUR

Effective from 15.05.2019.

 

Import Letter of Credit

Consideration of an application for issuance of import letter of credit Free of charge
Execution of a new import letter of credit / increase of amount of the import letter of credit 0.25% of value / increase of the value of import letter of credit (min. EUR 170)
Amendments to provisions of import letter of credit (except for increase in amount of the import letter of credit), revocation or cancellation of unutilised import letter of credit, amendments of agreement 75 EUR
Import letter’s of credit draft preparation and reconciliation (applicable if import letter of credit is not issued) 50 EUR
Additional commission fee for urgent execution of the import letter of credit, during 1 working day 50 EUR
Review of documents, payment 0.2% of value of documents (min. 170 EUR)
Commission for discrepancies in documents presented 70 EUR
Return of unpaid documents 40 EUR
Endorsement of documents of letter of credit 20 EUR
Revocation of letter of credit before expiry date 25 EUR
Notification on issuance of Assignment of proceeds 50 EUR

Effective from 15.05.2019.

 

Export Letter of Credit

Preliminary notification on issuance of export letter of credit 40 EUR
Notification on issuance of export letter of credit 0.1% of value of export letter of credit (min. 85 EUR, maks. 500 EUR)
Processing and reconciliation of the draft of export letter of credit 50 EUR
Amendments to provisions of export letter of credit, revocation or cancellation of unutilised export letter of credit 75 EUR
Preliminary review of documents under export letter of credit 80 EUR
Review, payment of documents 0.2% of value of documents (min. 200 EUR)
Payment under export letter of credit without presentation of documents 0.1% of payment amount (min. 100 EUR, maks. 500 EUR)
Return of the discrepant documents 40 EUR
Transfer of export letter of credit 0.15% of value of transferred export letter of credit (min. 200 EUR)
0.1% of cession amount 0.1% of cession amount
Confirmation of letter of credit issued by another bank As agreed
Consulting in preparation of the documents 30 EUR per each document
Negotiation of export letter of credit, discounting of export letter of credit As agreed
Notification on letter on assignment 50 EUR

Effective from 15.05.2019.

 

Documentary collection

Import documentary collection:
notification on documentary collection 50 EUR
delivery of documents against payment, acceptance or free of payment 0.1% of collection amount (min. 100 EUR)
Export documentary collection:
receiving of documents for payment or acceptance 40 EUR
Payment of document 0.1% of collection amount (min. 100 EUR)
Amendments to terms, instructions of documentary collection 40 EUR
Sending, return of refused documents 40 EUR

Effective from 15.05.2019.

 

OTHER SERVICES RELATED TO LENDING

Commission fee for preparation of the documents (int. al. references)3,4:
if a document prepared in state language 45 EUR per each document
if a document prepared in other language (English, Russian) 70 EUR per each document
Commission fee for preparation of the documents (int. al. references) if request received 6 months after credit obligations fulfilment 75 EUR per each document
Citadele Bank’s performed stock or assets evaluation5 75 EUR
Evaluation of construction / reconstruction / renovation funding project, control of usage of funds disbursed for construction / reconstruction / renovation projects financed by Citadele Bank According to actual costs
Documents sending As agreed (min. actual costs + EUR 8)
Deferred payment fee for Import letter of credit / export letter of credit and documentary collection 0.15% from documents’ amount (min. 70 EUR)
SWIFT notification at issue of guarantee, issue of Import letter of credit, transfer of export letter of credit 25 EUR
Other SWIFT notifications 7 EUR
Processing or evaluating other credit-related documents As agreed

Effective from 15.05.2019.

 


1 This commission is not applied to applications for guarantee issuance within the scope of guarantee line.
2 For cases when the commission fee for guarantee use is payable by parts.
3 If the commission fee for execution of new lending transaction, substantial amendments within lending transaction, refinancing transaction or execution of escrow account agreement is not applied simultaneously.
4 If a document must be notarized, customer pay actual expenses of notary service additionaly.
5 Commission fee may be increased in specific instances.