|Opening of current account||Free of charge|
|Verification of company documents upon account opening, where the owners or beneficiaries have their identity document issued outside Estonia, Latvia, Lithuania or do not have a permanent residency permit issued in Estonia Individually (min EUR 500)||Individually (min EUR 500) 1|
|Opening of Start-Up Account||Free of charge|
|Maintainance of current account||0.64 EUR per month|
|Verification of authority on representing of the legal entity, current customer of Citadele Bank in connection with account servicing and new services providing in connection with or amendments in the current services, on the basis of the documents presented by customer||Free of charge|
|Annual interest rate for credit balance||0%|
|Closure of account||Free of charge|
|Opening of Escrow Account||Free of charge|
|Servicing of Escrow Account||Free of charge|
|Execution and maintenance of standard agreement of escrow account||0.4% of deal amount, min 200 EUR|
|Execution of non-standard agreement of escrow account||Individually, information in the bank|
|Changes of conditions in Escrow agreement (per case)||100 EUR|
|Current Account balance fee 2,3|
|CHF 100 000||SNB Rate minus 30 basis points/ 360|
|DKK 750 000||Certificates of deposit rate minus 50 basis points/ 360|
|SEK 1 000 000||Repo Rate minus 60 basis points/ 360|
|EUR 1 000 0004||ECB deposit facility rate/ 360|
|JPY 10 000 000||Key policy Rate minus 30 basis points/ 360|
|NOK 1 000 000||Key policy Rate minus 30 basis points/ 360|
- 1 Fee is payable upon submitting account opening application
- 2 Current account balance fee is charged on the funds of the customer or group of related customers. The Bank does not calculate or pay interest on the customer’s account balance. The current account balance fee is not applied if the central bank has set an annual deposit interest rate of 0% or higher for the respective currency. The fee is applied to and calculated on the current account balances specified in the pricelist per each calendar day as of the end of day and the total amount of the fee calculated shall be debited to the account on the last day of each month. The current account balance fee may be applied individually by notifying the customer 14 calendar days in advance, unless the customer meets the criteria set in forth below. In such case the account balance fee is applied without a notification - the current account balance fee is applied to all insurance or reinsurance companies or other financial institutions (including their branches), whose core business is the provision of financial services and who are subject to financial supervision by a competent authority.
- 3 If the Bank informs the client in advance, for the purposes of applying the commission fee, the client's financial instruments account can be treated as a current account.
- 4 If the account currency is not EUR, the account balance fee is charged in an equivalent amount until the balance on the account is zero.