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, information in Citadele Bank
Foreign Exchange margin trading Individually, information in Citadele Bank1

 

Financial Instruments2

Debt securities transactions3 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 exchanges 6 0.4% (min. 50 EUR)4
Transaction at 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
Transaction with options of the USA stock exchanges 2.50 USD for 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 up to EUR 50 000, or the equivalent in another currency Free of charge
Transaction EUR 50 000 and over EUR 50 000, or the equivalent in another currency 300 EUR
Amendments to the terms of Repo transaction Individually, information in Citadele Bank
Brokerage services not included in tariffs Individually, 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.
Commision fee in currency of transaction.
To the investment funds managed by IPAS “CBL Asset Management” (including Latvian Central Depository transaction fee ) is applied fee - EUR 5.50, to other funds – EUR 20.