Investment Fees
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In the bank‘s branch / By telephone |
Via Internet |
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1. Opening of securities account1 |
Free of charge |
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2. Trading in shares and exchange-traded funds (ETF)2 |
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2.1. Europe: |
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- Lithuania, Latvia, Estonia |
0.65 % (min. 5.00 EUR) |
0.20 % (min. 1.50 EUR) |
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- Ireland (stamp duty of 1.0% applies for all purchases) |
0.50 % (min. 40.00 EUR) |
0.30 % (min. 30.00 EUR) |
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- Austria |
0.50 % (min. 45.00 EUR) |
0.40 % (min. 35.00 EUR) |
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- Belgium |
0.50 % (min. 40.00 EUR) |
0.30 % (min. 30.00 EUR) |
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- Bulgaria |
0.80 % (min. 100.00 EUR) |
0.50 % (min. 75.00 EUR) |
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- Czech Republic |
0.70 % (min. 90.00 EUR) |
0.50 % (min. 70.00 EUR) |
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- Denmark |
0.50 % (min. 45.00 EUR) |
0.30 % (min. 35.00 EUR) |
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- Great Britain (a stamp duty of 0.5% applies for all purchases of local shares) |
0.50 % (min. 45.00 EUR) |
0.25% (min. 25.00 EUR) |
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- Greece (a stamp duty of 0.2% applies for all sales) |
0.70 % (min. 100.00 EUR) |
0.70 % (min. 80.00 EUR) |
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- Spain |
0.50 % (min. 45.00 EUR) |
0.30 % (min. 35.00 EUR) | |||
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- Italy (a stamp duty of 0.22% for all purchases) |
0.35 % (min. 40.00 EUR) |
0.25 % (min. 25.00 EUR) |
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- Croatia |
0.90 % (min. 40.00 EUR) |
0.70 % (min. 30.00 EUR) |
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- Poland |
0.40 % (min. 20.00 EUR) |
0.30 % (min. 15.00 EUR) |
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- Netherlands |
0.35 % (min. 45.00 EUR) |
0.25 % (min. 25.00 EUR) |
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- Norway |
0.50 % (min. 45.00 EUR) |
0.30 % (min. 35.00 EUR) |
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- Portugal |
0.35 % (min. 45.00 EUR) |
0.30 % (min. 35.00 EUR) |
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- France (A financial transaction taxof 0.3% applies for all purchases) |
0.35 % (min. 45.00 EUR) |
0.25 % (min. 25.00 EUR) |
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- Romania |
1.00 % (min. 75.00 EUR) |
0.60 % (min. 35.00 EUR) |
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- Serbia |
1.10 % (min. 120.00 EUR) | 1.00 % (min. 100.00 EUR) |
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- Slovakia |
0.90 % (min. 50.00 EUR) |
0.60 % (min. 40.00 EUR) |
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- Slovenia |
1.20 % (min. 130.00 EUR) |
0.90 % (min. 80.00 EUR) |
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- Finland |
0.35 % (min. 40.00 EUR) |
0.30 % (min. 30.00 EUR) |
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- Sweden |
0.30 % (min. 45.00 EUR) |
0.25 % (min. 35.00 EUR) |
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- Switzerland |
0.50 % (min. 50.00 EUR) |
0.30 % (min. 40.00 EUR) |
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- Turkey |
0.90 % (min. 45.00 EUR) |
0.60 % (min. 35.00 EUR) |
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- Hungary |
0.80 % (min. 55.00 EUR) |
0.60 % (min. 45.00 EUR) |
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- Germany Xetra |
0.35 % (min. 25.00 EUR) |
0.25% (min. 15.00 EUR) |
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- Germany Frankfurt |
0.50 % (min. 35.00 EUR) |
0.40 % (min. 30.00 EUR) |
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2.2. America: |
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2.2.1. US |
0.30 % (min. 35.00 EUR) |
0.25 % (min. 20.00 EUR) |
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(not less than USD 0.02 per share) |
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2.2.2. Canada |
0.30 % (min. 30.00 EUR) |
0.25 % (min. 30.00 EUR) |
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(not less than EUR 0.02 per share) |
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2.3. Other foreign markets and equity securities distributed by the Bank |
As agreed |
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3. Trading in investment funds |
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3.1. Bond and money market funds |
0.30 % (min. 30.00 EUR) |
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3.2. Equity and balanced funds |
0.50 % (min. 30.00 EUR) |
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3.3. As agreed |
As agreed |
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4. Trading in debt securities |
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4.1. When a counterparty is a Bank (transaction out of stock exchange) |
Free of charge3 |
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4.2. Lithuanian, Latvian, Estonian bonds, except Eurobonds |
0.20 % (min. 20.00 EUR) |
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4.3. Lithuanian Govt. bond auctions on the NASDAQ Vilnius Stock Exchange |
0.02 % (min. 20.00 EUR) |
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4.4. Bonds of other foreign countries, Eurobonds - outside of the stock exchange - on stock exchanges of foreign countries (except Nasdaq Baltic) |
- 0.25 % (min. 25.00 EUR) 0.25% (min. EUR 50) + third party fees |
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4.5. Bulgaria, Czech Republic, Greece, Croatia, Romania, Slovakia, Slovenia, Turkey, Hungary |
0.25 % (min. 55.00 EUR or 100 USD, if DVP transaction’s* currency is USD) |
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4.6. Unlisted debt securities |
0.25 % (min. 20.00 EUR) |
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4.7. Debt securities distributed by the Bank |
As agreed |
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5. Securities safekeeping fee (monthly)4 |
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5.1. Lithuania |
0.005 % |
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5.2. Latvia, Estonia |
0.007 % |
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5.3. Ireland, Australia, Austria, Belgium, Denmark, Great Britain, Greece, |
0.014 % |
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5.4. Bulgaria, Czech Republic, Georgia, Hong Kong, Croatia, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey, Hungary, Ukraine |
0.035 % |
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5.5. Bosnia (Banja Luka), Kazakhstan, Russia |
0.070 % |
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5.6. Eurobonds |
0.008 % |
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5.7. Investment funds - Šiauliai bankas group companies - Other management companies |
- Free 0.015 % |
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5.8. Unquoted financial instruments |
0.005% |
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6. Transaction fees5 |
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6.1. Free-of-payment transfer of securities of Lithuanian, Latvian, Estonian issuers to the account of another custodian or from the account of the Issuer |
10.00 EUR |
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6.2. Free-of-payment transfer of investment fund units registered in Lithuania to the account of another custodian or from the account of the Issuer |
7.00 EUR |
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6.3. Free-of-payment transfer of foreign securities to the account of another custodian |
10.00 EUR plus third party fees |
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6.4. Tax-free transfer (acceptance) of securities of foreign issuers (non-Baltic states) |
7.00 EUR plus third party fees |
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6.5. Confirmation of transaction when the bank acts only as the custodian of securities or funds (cash) |
45.00 - 70.00 EUR** |
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6.6. Amendment, error correction, failure to confirm or cancelation of operation |
20.00 EUR plus third party fees |
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6.7. Conversion of depository receipts (GDR, ADR) into shares |
50.00 EUR plus third party fees |
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7. Registration of OTC transactions6 |
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7.1. Registration of OTC transaction (purchase, sale, donation) of Lithuanian securities |
10.00 EUR |
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7.2. Registration of OTC transaction (purchase, sale, donation) of foreign securities |
20.00 EUR plus third party fees |
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7.3. Registration of an over-the-counter transaction with the transfer of securities to another intermediary |
30.00 EUR plus third party fees |
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7.4. Registration and settlement in USD of OTC transaction of foreign securities |
100.00 USD |
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7.5. Preparation, registration and settlement of non-standard OTC transaction |
Under agreement |
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7.6. Securities inheritance transaction (fee is paid by the securities recipient) |
5.00 EUR |
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7.7. Conclusion, extension of securities repurchase (repo) transaction |
14.00 EUR |
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7.8. Amendment of securities repo transaction conditions, except term of repo |
8.00 EUR |
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7.9. Pledging of securities7 |
15.00 EUR |
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8. Papildomos paslaugos |
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8.1. Representing the client in a meeting of shareholders (not available in some countries) |
EUR 120 + third-party fees |
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8.2. Participation in a foreign securities event that is not mandatory (not available in some markets) |
EUR 35 + third-party fees |
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8.3. Issuance of securities accounts statements from the document accounting archives of the issuer’s agent (in cases where the issuer’s securities accounting is no longer carried out by the agent) |
EUR 15 per security holder for statements from the securities accounts of a single issuer |
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8.4. Provision of copies of securities transaction documents from the securities document accounting archive |
EUR 3 per page, but not more than EUR 50 |
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8.5. Provision of additional reports8, extracts, certificates on request in Lithuanian/English |
Based on the rates for certificates and other confirmations |
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8.6. Other services |
As agreed |
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* Transactions that are executed on a delivery-versus-payment basis.
** For instructions received on the day of settlement, a fee of EUR 70 applies.
1 You can open a personal securities account with a central securities depository. The rate is fixed by agreement.
2 Transaction fees are debited in the currency of the transaction. Minimum transaction fees are converted into the currency of the transaction at the exchange rate between the euro and the foreign currency published by the Bank of Lithuania on the transaction date. The minimum transaction fee in the secondary market applies to all single order transactions of that day in aggregate. If the order is executed over several days, the minimum fee is calculated for each day of execution. Some foreign exchanges may have a minimum order amount or a minimum number of shares and multiples thereof. In some countries, an additional financial transaction tax or stamp duty applies. This fee is based on the country of registration of the financial instrument, not on its country of trade.
3 Where the Bank acts as a debt securities dealer, the rate is fixed by agreement.
4 The monthly custody fee is calculated each month on the average value of the balance in each securities account. The value of the security is based on the last published market price of the security on the stock exchange. In cases where no market price is available as well as for all debt securities, the fee is calculated on the basis of the nominal value of the securities, and for units of investment funds, on the basis of the last unit price published by the manager. The minimum custody fee for all securities is EUR 0.50. Depositary receipts (ADRs, GDRs) may additionally be subject to third-party fees. Debt securities held by Nasdaq CSD may be subject to Nasdaq CSD’s interest payment fee.
5 If the client’s securities are held in custody with third parties (foreign depositories, banks, etc.), the third-party fees include the fees charged by these custodians to the bank for the transfer of the securities.
6 In the case of registration of an OTC transaction, the fee is payable by both parties to the transaction, unless otherwise specified. In the case of registration of an OTC foreign securities transaction, fees imposed by third parties (foreign depositories, other intermediaries) apply when the securities are deposited with those third parties. Changes to the terms of the normal billing cycle may result in an increased fee.
7 Not applicable if the securities are pledged as collateral to secure obligations arising from a derivatives contract.
8 Additional documents are the documents (statements, reports, certificates, etc.) provided to the client additionally at the client’s request, excluding those documents which must be provided by the Bank to the client free of charge in accordance with the regulatory acts.