Depository services

Financial Instruments Accounts Administration, Financial Instruments Custody and Transaction Settlements1

1.1. Opening of a financial instruments account In Customer Service Centre /Branch - EUR 10;
Using online banking – Free of charge
1.2. Financial instruments safekeeping commissions (per month)2:
1.2.1. CBL Opportunities Funds Free of charge
1.2.2. Financial instruments of LR domestic market 0.01%
1.2.3. Financial instruments of EU countries, USA and Canada domestic markets, foreign investment funds and international financial instruments registered in Euroclear/Clearstream depositories 0.02%
1.2.4. Safekeeping of financial instruments of other countries’ domestic markets 0.03%
1.2.5. Minimum fee for financial instruments safekeeping 1 EUR
1.3. Reception of financial instruments3:
1.3.1. Reception of financial instruments of Latvia, Lithuania, Estonia domestic markets Free of charge
1.3.2. Reception of financial instruments of Sweden, Finland, Denmark, Norway, Poland, Germany, UK, USA, Canada domestic markets and international financial instruments registered in Euroclear/Clearstream depositories 21 EUR
1.3.3. Reception of financial instruments of other countries’ domestic markets Information in Citadele Bank
1.4. Transfer of financial instruments3:
1.4.1. Transfer of financial instruments of Latvia, Lithuania, Estonia domestic markets 10 EUR
1.4.2. Transfer of financial instruments of Sweden, Finland, Denmark, Norway, Poland, Germany, UK, USA, Canada domestic markets and international financial instruments registered in Euroclear/Clearstream depositories 30 EUR
1.4.3. Receipt / transfer of financial instruments against payment (RVP/ DVP) 3 50 EUR
1.4.4. Transfer between two Citadele Bank customers' financial instruments accounts (commission charged from financial instruments’ transferor) 10 EUR
1.4.5. Transfers of financial instruments of other domestic markets Information in Citadele Bank
1.5. Purchase-redemption transaction settlements4:
1.5.1. Settlements of transactions with international financial instruments excluding transactions in fund shares, financial instruments traded on the Baltic and Russian stock exchanges and stocks and ETFs traded on USA, Canadian stock exchanges 10 EUR
1.6. Other services:
1.6.1. Deregistration of financial instruments 50 EUR
1.6.2. Processing of financial instruments corporate actions orders 5 35 EUR + actual expenses
1.6.3. Standard statements of account: Financial instruments portfolio statement, Statement of movement of financial instruments and money for previous and actual calendar year, Confirmation of transaction execution Free of charge
1.6.4. References and statements not mentioned in 1.6.3. 50 EUR (VAT included)
1.6.5. Preparation or submission of tax certification documents to local and foreign depositories 5 35 EUR + actual expenses
1.6.6. Commission fee for negative balance of customer’s money funds accounts for performing financial instruments transactions (percent per annum)6 24%

Effective from 15.05.2019.

 


Commission fee for services not stated in Pricelist is independently set by Citadele Bank or is set upon agreement with a customer. All commission fees are charged in the aggregate currency of customer’s financial instruments portfolio (recalculating from the currency stated in Pricelist if necessary), excluding commission fees for transaction settlements which are withheld in the currency of transaction (recalculating from the currency stated in Pricelist if necessary).
Commission fee is calculated from the financial instruments market value at the last day of the month, or from nominal for non-liquid financial instruments.
Commission fee is applied per each financial instrument mentioned in the customer’s order, if it is accepted for execution in the Bank and sent to the depository/counterparty.
Commission fee is applied when concluding transaction with Citadele Bank using Citadele Bank’s brokerage service. To all other transactions, concluded not using Citadele Bank’s brokerage service, the commission fee for receipt and/or transfer against payment (RVP/DVP) of financial instruments is applied.
Amount of actual expenses depends on execution place of the application and other terms of the application and can be withheld within 4 months from the date of execution of corporate action or the date of submission of tax certification.
The commission fee is calculated on a daily basis and is charged on the first day of the month if the client has no additional agreement.