Price List

Accounts and bank transfers

Valid as of 14.05.2020

[disclaimer] ⁽¹⁾ Except non-residents and business entities related to them. You can familiarize yourself with non-residents pricelist here.
⁽²⁾ Transactions completed via the client manager of Private Banking according to Private Banking agreement.
⁽³⁾ European payment otherwise Payment order (SEPA) is a type of payment made in Euro currency within Estonian region or within the SEPA area. SEPA area is a single euro payments area, which includes all member states of the European Union and Norway, Iceland, Liechtenstein, Switzerland and Monaco. The service fee type is ‘shared’. Indicating the correct IBAN and BIC is mandatory. Accrual of remitter’s account takes place at the latest on the following banking day.
⁽⁴⁾ All fees for the financial institutions, payment services providers and customers who make more than 5 000 outgoing payments per month will be agreed separately.
⁽⁵⁾ European express payment is a payment where beneficiary´s bank is a member of the Target2 payment system. Payment currency is euro. Beneficiary receives payment same settlement day, within 2 hours. The Payment Instruction shall be executed, if accepted by the Bank on a Settlement Day before 17:00.
⁽⁶⁾ The fees of other banks may be added to the fees of LHV Bank. Receiving a full payment to the payee is free of charge, unless payment is received from the European Economic Area bank.
⁽⁷⁾ Foreign payments are payments, where the beneficiary’s bank is in SEPA area and the payment currency is not euro; and payments, where the beneficiary’s bank is located outside of SEPA area and the payment currency is any currency supported by LHV Pank(inc. EUR).
⁽⁸⁾ The payment can not be selected if the beneficiary's bank is located in the European Economic Area and the payment currency is in a circulation in the European Economic Area.
⁽⁹⁾ Fee, 7 €, applies if the beneficiary's bank is located in the European Economic Area and the payment currency is in a circulation in the European Economic Area.
⁽¹⁰⁾ The remitter pays the service fee of LHV Pank and foreign banks. If the full amount of service fees exceeds the service fee amount paid by the remitter for LHV Pank, the current account of the remitter shall be automatically debited with the corresponding difference of service fees. The remitter’s bank cannot guarantee that the full amount is transferred to the beneficiary’s account – it can only guarantee that the full amount is transferred by the correspondent bank.
⁽¹¹⁾ Full amount to beneficiary (OUR) type of service fee can not be selected if the payment is made between the countries of the European Economic Area and the currency is in a circulation in the European Economic Area.
⁽¹²⁾ The fee is applicable if the payment has been sent out of LHV Pank and service fees of other banks can be added.
⁽¹³⁾ Intra-bank payment is a payment order, made within Estonian region (SEPA) in accordance with SEPA regulations, where insertion of IBAN is mandatory. It is a shared cost type payment. The payment recipient’s account is in LHV Bank. The recipient receives the payment immediately.
⁽¹⁴⁾ Including an Instant Payment. European payments are made as Instant Payments if the payment amount is up to EUR 100,000 and the payment recipient’s bank has joined the TARGET Instant Payment Settlement (TIPS) service. The recipient will receive the payment within 30 seconds.
⁽¹⁵⁾ Correspondent bank fees for USD payments are deducted from the amount of the transferred payment. The payee may therefore receive a smaller amount than was initiated by the payer.

[disclaimer] ⁽⁹⁾ Service is available only in Tallinn office for customers with Private Banking Services Agreement.
⁽¹⁰⁾ Overdue charge is applied for clients who have minus on their account and who have not accepted special terms and conditions for loan and margin transactions and who do not have an active overdraft agreement.
⁽¹¹⁾ The price includes VAT of 20%. The VAT rate is 0% for VAT-liable legal persons from EU countries other than Estonia as well as for legal persons from outside the EU.
⁽¹²⁾ Account statements in the internet bank are free of charge.
⁽¹³⁾ Account statement fee is applicable to one statement of one bank account.
⁽¹⁴⁾ An extra fee of 0.1 € is applicable to every page starting from the 6th page of account statement printed in the Client office.
⁽¹⁵⁾ Except for the inquiries from the state, supervisory, law enforcement authorities and notaries concerning the rights and obligations of the bequeather.

[disclaimer] ⁽⁹⁾ Service is available only in Tallinn office for customers with Private Banking Services Agreement.
⁽¹⁰⁾ Overdue charge is applied for clients who have minus on their account and who have not accepted special terms and conditions for loan and margin transactions and who do not have an active overdraft agreement.
⁽¹¹⁾ Account statements in the internet bank are free of charge.
⁽¹²⁾ Account statement fee is applicable to one statement of one bank account.
⁽¹³⁾ An extra fee of 0.1 € is applicable to every page starting from the 6th page of account statement printed in the Client office.
⁽¹⁴⁾ Except for the inquiries from the state, supervisory, law enforcement authorities and notaries concerning the rights and obligations of the bequeather.
⁽¹⁵⁾ VAT of 20% is included in the price. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.

Bank cards

Valid from 01.02.2020

Providing a debit card, Providing a credit card

[disclaimer] ⁽¹⁾ Ordering the first card/additional card within the range of the same card product is free of charge for the card user. A fee of 5 € per card for each subsequent card for the same card user.
⁽²⁾ Transactions with the card while purchasing goods or services (cash withdrawals from ATMs are excluded) have an interest free period, starting from the day of the transaction until the repayment date of month following the transaction (in case the repayment date has not been agreed on in the agreement, then until the 20th day of the month following the transaction).
⁽³⁾ The precise interest rate depends on the credit card type and the client’s estimated credit worthiness.
⁽⁴⁾ The interest rate applicable to the main refinancing operations of the European Central Bank (ECB).
⁽⁵⁾ An interest-free period is not applied for the credit limit withdrawn as cash from the credit account or transferred to the current account. If the transaction from the credit account to the current account is concluded in the Client Office, a transaction fee of 2 € is added. No service fee will be applied to funds exceeding the credit limit – for example, if your limit is 500 €, but there is 600 € on your credit account, then fees will not be assessed for transferring 100 €.
⁽⁶⁾ A Gold Card is issued to a client who meets the criteria of an Au-Client and concludes an Au-Client agreement. The added benefits of a Gold Card include travel insurance, purchase protection insurance and upon client request Estravel Gold Card.
⁽⁷⁾ A Platinum Card is issued to a customer who meets the criteria of Private Banking and enters into a Private Banking Services Agreement. With the Platinum Card, you are able to choose between a Platinum Debit Card and Platinum Credit Card. The added benefits of a private banking card and a Platinum Card include travel insurance, purchase insurance and an Estravel Platinum Club card will be issued to the customer upon their request.
⁽⁸⁾ The card will be available for pick-up at the LHV Tallinn or Tartu office. Delivery elsewhere will include a courier fee based on the actual cost.
⁽⁹⁾ Gold Card’s monthly fee without an Au-Client agreement is 10 €.

Payment acquiring

Valid from 14.07.2020

Servicing of payment cards

Valid as of 15.09.2016

[disclaimer] ⁽¹⁾ Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.
⁽²⁾ Early termination fee applies if the Merchant terminates the agreement within 6 months of signing the agreement.

Deposits

Valid as of 01.02.2021

[disclaimer] ⁽¹⁾ The interest on the current account and the fee for the current account balance is calculated daily on the current account balance at the end of the day and rounded to two decimal places. The accrued interest shall be paid into the account at the beginning of each following month. The fee for the current account balance shall be charged from the account at the beginning of the following month. Interest rate and the rate of fee shall be determined based on the total balance of the customer’s current accounts (i.e. the customer’s current account balances shall be added together in order to determine the applicable rate). Interest rate and the rate of the current account balance fee are expressed as a percentage per 360-day year. Interest rate and the current account balance fee for currencies other than EUR is 0%.
⁽²⁾ Financial institutions include credit institutions, insurance companies, fund management companies, investment funds and other entities supervised by the Estonian Financial Supervision Authority or by another governmental financial supervision authority.

Pension

Valid from 01.01.2021

[disclaimer] ⁽¹⁾ Fee applies to each application
⁽²⁾ (2) Financial transaction tax may be added in case of buying securities. Tax amounts to 0,5% of trade size for UK securites.
⁽³⁾ Transaction fees are taken in the trading currency of the security
⁽⁴⁾ Minimum amount of 50 000 euros is required, except bonds traded on Nasdaq Baltic bond list.
⁽⁵⁾ In case of a purchase or sale of Avaron Asset Management fund units, the fund’s subscription or redemption fee may apply according to the terms and conditions of the fund.
⁽⁶⁾ Safekeeping of Depositary Receipts (ADR, GDR) is subject to the respective DR Agent’s fees in addition to management fees.

Securities

Valid as of 01.01.2021

[disclaimer] ⁽¹⁾ (1) Financial transaction tax may be added in case of buying securities. Tax amounts to 0,5% of trade size for UK securites.
⁽²⁾ Transaction fees are taken in the trading currency of the security
⁽³⁾ Minimum amount of 50 000 euros is required, except bonds traded on Nasdaq Baltic bond list.
⁽⁴⁾ In case of a purchase or sale of Avaron Asset Management fund units, the fund’s subscription or redemption fee may apply according to the terms and conditions of the fund.

[disclaimer]⁽⁵⁾ Management fee is calculated on the basis of a month’s average market value of securities. If the market value is not available, the nominal value is taken as a basis.
⁽⁶⁾ No fee is charged for an empty account.
⁽⁷⁾ Fee is payable for each calendar month where the client has an active contract as of the 1st calendar day of the given month. The Baltic analysis service is without additional fee for the holders of Au-Client and Private Banking agreement.
⁽⁸⁾ First year free of charge.
⁽⁹⁾ Management fee is calculated on the basis of a month’s average market value of the assets (incl. money, deposits and securities). If the market value is not available, the nominal value is taken as a basis.
⁽¹⁰⁾ Safekeeping of Depositary Receipts (ADR, GDR) is subject to the respective DR Agent’s fees in addition to management fees.

[disclaimer] ⁽¹²⁾ If there should be additional brokers’ fees due to corporate actions or securities held in foreign markets then those might be debited from client’s account.
⁽¹³⁾ Transfer fees are taken in the trading currency of the security
⁽¹⁴⁾ Other banks may apply service charges that exceed charges applied by LHV Pank.
⁽¹⁵⁾ Modification of an order that has not been forwarded to external bank is free of charge. In case of modifying already forwarded order new service change is applied.

Loans

Valid as of 01.10.2020

Leasing

Valid as of 18.02.2015

[disclaimer] ⁽¹⁾ Value added tax is applied. Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.

Au-clients

Valid as of 01.01.2021

[disclaimer] ⁽¹⁾ The prerequisite for concluding the Au-client agreement is one of the following: monthly € 2 000 income to the customer’s LHV Bank account or overall value of the customer’s assets deposited in LHV Bank at least € 50 000.
⁽²⁾ ) For a current deposit, i.e. for money on the account up to 100 000 euros interest is calculated every day based on the day’s ending balance of money for all the named currencies and rounded to 2 digits after the decimal point. Interests are paid to the account at the beginning of the next month. Interest is calculated on all accounts, except for money on Startup accounts, Credit accounts, Limit accounts, Portfolio Management accounts, Trader-accounts or Pension Investment Account (PIA).
⁽³⁾ Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.
⁽⁴⁾ Management fee is calculated on the basis of a month’s average market value of securities. If the market value is not available, the nominal value is taken as a basis.
⁽⁵⁾ No fee is charged for an empty account.
⁽⁶⁾ Except Growth Account and Trader account fee.

Private Banking

Valid as of 01.01.2021

[disclaimer] ⁽¹⁾ The prerequisite for concluding the Private Banking Services Agreement is overall value of the customer’s assets and securities deposited in LHV Bank at least € 100 000.
⁽²⁾ The EEA includes 28 EU Member States and 3 EFTA States: Iceland, Norway and Liechtenstein.
⁽³⁾ Terms of a current deposit are valid if Private Banking Services Agreement is signed. For a current deposit, i.e. for money on the account up to 1 000 000 interest is calculated every day based on the day’s ending balance of money for all the named currencies and rounded to 2 digits after the decimal point. Interests are paid to the account at the beginning of the next month. Interest is calculated on all accounts, except for money on Startup accounts, Credit accounts, Limit accounts, Portfolio Management, Trader-accounts or Pension Investment Account (PIA).
⁽⁴⁾ Value added tax is added. For European Union companies outside of Estonia that are subject to value added tax and the companies outside of European Union are subject to value added tax of 0%.
⁽⁵⁾ Management fee is calculated on the basis of a month’s average market value of securities. If the market value is not available, the nominal value is taken as a basis.
⁽⁶⁾ No fee is charged for an empty account.

Non-residents

Valid as of 01.11.2018

[disclaimer] ⁽¹⁾ Fee won't apply for Estonian citizens living abroad.
⁽²⁾ Applies if in the ownership structure has a legal person registered outside of Estonia or one of the beneficial owners (person who owns or controls more than 25% of company shares) is a non-resident.
⁽³⁾ The price is applied to companies registered in other countries, except for in Estonia, European Union Member States (excl. Cyprus, Luxembourg, Malta and Great Britain) and Norway.
⁽⁴⁾ Transactions completed via the client manager of Private Banking according to Private Banking agreement.
⁽⁵⁾ European payment is a payment in euros in SEPA area. SEPA area is a single euro payments area, which includes all member states of the European Union and Norway, Iceland, Liechtenstein, Switzerland and Monaco. The service fee type is ‘shared’. Indicating the correct IBAN and BIC is mandatory. Accrual of remitter’s account takes place at the latest on the following banking day.

LHV Finance

Valid as of 22.03.2018

Hire-Purchase, consumer loan, car loan, home repair loan, home furnishing loan, health and beauty loan

[disclaimer] ⁽¹⁾ The interest rate applicable to the main refinancing operations of the European Central Bank (ECB).
⁽²⁾ Value added tax is included.

Trade Finance

Valid as of 11.04.2017

[disclaimer] ⁽¹⁾ In case the services of other banks are being used (advising, authenticity check, etc), these fees are to be borne by the client in addition to the fees stated herein.

[disclaimer] ⁽¹⁾ In case the services of other banks are being used (advising, authenticity check, etc), these fees are to be borne by the client in addition to the fees stated herein.
⁽²⁾ LHV Bank is handling Letters of Credit subject to and in accordance with "Uniform Customs and Practice for Documentary Credits"), Publication no 600, Paris 2007.

[disclaimer] ⁽¹⁾ In case the services of other banks are being used (advising, authenticity check, etc), these fees are to be borne by the client in addition to the fees stated herein.

Loyalty cards

Valid as of 17.08.2020

[disclaimer] ⁽¹⁾ Virtual ISIC Student card is a proof of client’s student status, and is entitled to a person acquiring higher education in the Republic of Estonia according to the University Act or the Applied Higher Education Institution Act (RT I 1998, 61, 980).