On Rates changes

11.12.2018

Starting from the December 14th, changes in Rates of Remote banking and Current accounts will come into effect.

Dear Client!

We hereby inform you that Bank has clarified some Rates, making them more suitable for Clients.

Changes in Bank Rates of Remote Services (Domestic, EEA, Foreign).

* We inform that the daily limit for non-cash payments for Individuals is aligned with the monthly limit, that is 4 500 EUR. This means that you will no longer need to come to the Bank to make a one-time payment, which is more than 1 500 EUR, but does not exceed 4 500 EUR.

Remote banking

4. Limits for Private individuals*
4.1. Daily limit using One-Time Security Code (after it is exceeded it is necessary to use the code calculator (DigiPass))	4 500 EUR

Changes in Bank Rates of Current accounts for Legal entities (Domestic).

* We inform that for Legal entities two Tariffs are combined, which were previously applied to the simultaneously interconnected and sequential services of the Bank: 14. For obtaining company’s registration documents from Latvian public registers and 15. Client-supplied information update, if the update is performed by the Bank.

The revised Rate will be as follows:

14. For obtaining company’s registration documents from public registers - 30 EUR

In turn, in the Bank Rates of Current accounts for Individuals (Domestic), the name of the Rate is changed:

13. For obtaining information about Client from public registers

10 EUR

Changes in Bank Rates of Current accounts for Legal entities and Individuals (EEA, Foreign).

We inform that for Legal entities the name of Rates point 13 has been changed. Rates point 15. and 16. are displayed as subparagraphs of Rates point 14.:

13. For obtaining company’s registration documents from public registers	100 EUR
14. Examining documents of Client in order to update the registered information in the Bank or make changes
14.1. For changing the representative of the Client with the right to sign	100 EUR
14.2. For changing the true beneficiary	200 EUR
14.3. To extend the representation rights of an existing Client’s Representative	50 EUR
14.4. To check the legal status of the Client (once a year)	25 EUR

* For individuals the name of Rates point 13 was changed:

13. For obtaining information about Client from public register

Changes are made to understand the essence of the Rate, in accordance with the actual service of the Bank.

We draw your attention to the fact that the Rate is not increased, therefore, changes in Rates will take effect from 14.12.2018.

Sincerely,

LPB Bank

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