AS LPB Bank

On Rates changes

25.08.2020

From September 1st changes and clarifications in Rates of Corporate financing and Trade finance operations will come into effect.

Dear Client! 

We hereby inform you that from September 1st of 2020 changes and clarifications in Rates of Corporate financing/Legal entities will come into effect:  

CORPORATE FINANCING/LEGAL ENTITIES

(including self-employed person)

CONSIDERATION OF APPLICATION:

Existing Bank credit clients

New Bank credit clients

                                                   Domestic rate:

0,1% of the requested 

amount of funding, 

min. 300 EUR

0,1% of the requested

amount of funding,

min. 500 EUR

                                                          EEZ rate:

0,1% of the requested 

amount of funding,

min. 300 EUR

0,2% of the requested

amount of funding,

min. 800 EUR

                                                     Foreign rate:

0,1% of the requested

amount of funding,

min. 300 EUR

0,2% of the requested

amount of funding, 

min. 800 EUR

Prepayment for the preparation of draft contracts*

30% from commission for Processing of guarantee agreement

Processing and issuance of agreement

From 0,8% of the amount of funding, min. 500 EUR

Fee for unused limit

0,5 - 1,5% a year (of unused part of the allocated limit)

COMMISSION FOR CHANGES TO AGREEMENT:

Amount increase

From 0,8% of the amount of the increase, min. 200 EUR

Agreement term extension, changes in % rate

0,5% of the amount, to which changes are applied, min. 200 EUR

Payment schedule change

200 EUR

Other changes

Individually, min. 200 EUR

Changes in the agreement, initiated by the Bank

Free of charge

Consideration and reconciliation of documents

prepared by other financial institution in case

of full or partial repayment of liabilities

1% of the repayment amount, min. 750 EUR

BANK'S COURIER SERVICES:

Fee for the Bank’s courier services:

Corroboration of a mortgage, pledge

registration, Corroboration of property

rights in the Land Register,

document submitting for notarial actions etc. 

100 EUR

PREPARATION OF WRITTEN STATEMENTS (FOR ONE STATEMENT):

Preparation of statement

25 EUR

Preparation of statement in a foreign language

50 EUR

Issuance of document copies from the archive

1,5 EUR per page

Authorization for departure outside the country

50 EUR

INSURANCE POLICY (FOR ONE POLICY):

Order of the insurance policy and initial payment

instead of the Client

50 EUR

Payment of the insurance premium instead of

the Client

20 EUR

For leasing transactions, commissions are subject to VAT in accordance with the Law "On Value Added Tax" of the Republic of Latvia.

*The commission is withheld before draft contracts are prepared (in case of non-conclusion of contracts, the commission is not reimbursed).


Please be informed that from September 1st of 2020 changes and clarifications in Rates of Trade finance operations/Bank guarantees will come into effect:

BANK GUARANTEES

Application processing:

Guarantee with cash collateral

Guarantee without cash collateral

Domestic rate:

For existing Bank credit clients: 

200 EUR

  For existing Bank credit clients:

  0,1% of the requested guarantee amount, min. 300 EUR

For new Bank

credit clients:

300 EUR

  For new Bank credit clients:

  0,1% of the requested guarantee amount, min. 500 EUR

EEZ and foreign rate:

For existing Bank credit clients:

200 EUR

  For existing Bank credit clients:

  0,1% of the requested guarantee amount, min. 300 EUR

For new Bank

credit clients:

500 EUR

  For new Bank credit clients:

  0,2% of the requested guarantee amount, min. 800 EUR

Prepayment for the preparation of draft contracts*

 

  30% from commission for Processing of guarantee

  agreement

Processing of guarantee agreement

200 EUR

  From 0,8% of the agreement amount, min. 500 EUR

Issue of guarantee

(for each guarantee)

150 EUR

  150 EUR

Amendment of a Guarantee or Guarantee agreement

150 EUR

  Amendment of a Guarantee - 150 EUR, amendment of a

  Guarantee agreement - 500 EUR

Issue of guarantee

1%-2% of the

guarantee 

amount per year, 

min. 150 EUR

  2%-6% of the guarantee amount per year min. 200 EUR

Cancellation of a

Guarantee

free of charge

  free of charge

Payment of the claim

0,2% of the

payment

request amount,

min. 200 EUR

  0,2% of the payment request amount min.  200 EUR

Fee for the use of the Bank's resources after the payment of the claim

-

10% per year of the balance of the disbursed amount from the moment of payment of the claim until the return of the disbursed amount to the Bank

Fee for SWIFT notifications**

50 EUR

 50 EUR

Issuance of reference concerning documentary operations**

50 EUR

50 EUR

Costs of post services

According to actual expenses of the Bank

According to actual expenses of the Bank

Insurance policy (for one policy):

Order of the insurance policy and initial payment instead of the Client

-

50 EUR

Payment of the insurance premium instead of the Client

-

20 EUR

* The commission is withheld before draft contracts are prepared (in case of non-conclusion of contracts, the commission is not reimbursed).

** Plus VAT, if the commission fee must be subject to VAT in accordance with the Law of the Republic of Latvia "On Value Added Tax".


Sincerely,

LPB Bank

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