In-house payment
  • Payment in all currencies between LHV’s accounts
  • Will reach the recipient immediately
  • Payment related to a Trader account that was initiated before 17.00 will arrive in an hour; later payments will arrive on the morning of the next business day

Free of charge

European payment
  • Euro payment to a SEPA country
  • Payments initiated on business days before 16.45 will reach the recipient on the same day; payments initiated after 16.45 will reach the recipient on the next business day

Free of charge


Instant payment
  • European Payment, where the recipient’s bank has joined the instant payment settlement system
  • The maximum amount is 100,000 EUR
  • Transactions twenty-four hours a day, seven-days a week
  • Reaches the recipient within half a minute
  • To which banks is it possible to make instant payments?

Free of charge


Foreign payment as regular payment
  • Depending on the currency, the payment will arrive in 2–5 business days if initiated before 17.00
  • Payments can be initiated to following currencies - AUD, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, JPY, NOK, PLN, RON, SEK, USD
  • If the beneficiary’s bank is in the European Economic Area (EEA) and the currency of payment is the currency used in the European Economic Area, the payment cannot be executed as a regular payment
  • Differences of fees
  • In which case do I have to pay the foreign payment service fee of 100 euros?

7 € (shared)
29 € (paid by remitter)

Foreign payment as expedited payment

9 or 17 € (shared) ?
39 € (paid by remitter)

Foreign payment as an express payment

Express payment is even faster than a expedited payment and is delivered in one business day if initiated:

32 € (shared)
54 € (paid by remitter)

If you want, we can help you to transfer your settlement services from another bank to LHV Pank, doing all the required operations for you.

At LHV, a standing order means that LHV performs the required transfers on your behalf, on the date specified in the contract. In LHV, it is possible to conclude a standing order agreement for in-house, European payments, group payment and Foreign payments.

For the standing order, you can designate:

  • beneficiary, amount and currency
  • the payment date and the interval after which the payment repeats (e.g. week, month, year), as well as
  • the method of transfer.

You can choose between three options for the transferring of funds:

  1. On the payment date, we will deduct the agreed sum from your account and transfer it to the recipient. We shall check whether there are sufficient funds for the payment on the payment date and on the two following days.
  2. On the payment date, we will transfer the entire available balance of your account to the recipient. We shall check whether there are sufficient funds for the payment only on the payment date.
  3. You determine the amount which has to remain in your account on the payment date – we will transfer the remaining available funds to the recipient. We shall check whether there are sufficient funds for the payment only on the payment date.

On the payment date you only need to take care that the required amount is available in your account on the right date and that the transaction limits are sufficient. If there are insufficient funds in the account at that time or the transaction limit is insufficient for a standing order payment, the standing order shall not be fulfilled.

The standing order agreement shall remain valid and this shall not hinder further payments (provided that there are sufficient funds on the account and the transaction limit is sufficient at the time of the standing order payment).

Payment import makes it possible to upload a payment file in the internet bank and to sign payments there (one by one or in batches) and to view, amend, and subsequently delete them in the internet bank. Upload the payment file here: Daily banking → Payments → Import of payments. Also review the format.

If you want to fully automate the importing of the payment file, use LHV Connect. Your accountant can use the solution to make payments and keep track of incoming and outgoing payments directly in the accounting software.

We send instant notifications as an e-mail, push notification. In addition to the business customer as an xml file.

By default, we notify the customer by email whenever there is a delay or error in processing your payment. Read more

Push Notification
Instant notifications are sent to clients who are using the LHV mobile app. Both the activation and usage of the instant notification service is free of charge. Read more

We send a notification for every payment or e-invoice received, transaction limit being reached, failed transaction and expiry of a bank card.

Xml file
A business client can order instant notifications on payments through LHV Connect. Find out more about LHV Connect.

A predefined payment is a pre-filled payment order saved in the internet bank or mobile app.

Payments can be saved:

  • In the internet bank, by selecting Daily banking → Payments → Predefined payments.
  • A regular payment can also be added to the predefined payments after signing the payment.
  • In the mobile app you can view and save predefined payments by selecting Settings → Payments → Predefined payments.

You can make the predefined payment both in the internet bank and in the mobile app. To find a pre-filled payment order, enter the first letters of the beneficiary in the beneficiary's name field on the payment form. Then we will show you a list of beneficiaries to whom you have previously paid. Select the appropriate one and proceed with payment. You can recognize predefinied payments by the star symbol.

A low value payment is a European payment of up to 30 €, made via the internet bank and mobile app, which the private client can make without strong authentication.

Five payments of up to 30 € can be made without strong authentication. The sixth payment must be confirmed using strong authentication (mobile-ID, ID-Card, SmartID or a pin calculator).

The option to make low value payments can be activated and deactivated in the internet bank as well as the mobile app (activation in one also affects payments made in the other).

Proxy payment can be used to pay individuals or legal persons using only their phone number.

  • Start a new payment using the app.
  • Select a number from your Contacts or enter it manually.
  • You can then accept payments using your phone number linked to your account. For the payer, the payment order form is automatically filled in with the recipient’s name and account number.

Accepting a proxy payment

  • In the app settings, link your phone number with the desired bank account and consent to the sending of data.
  • You will receive a confirmation code by text message. This is to verify that the telephone number you entered belongs to you.
  • The payee's name and bank account number are automatically added to the payment order. If the payee has not joined the proxy payment service, you can send them an invitation to join the proxy payment at LHV Pank.

Also read the FAQ

LHV Pank does not send or accept payments related to countries, regions or banks.

Armenia tooltipKyrgyzstan tooltipSerbia tooltip
Belarus tooltipLatvia* tooltipSomalia
Central African RepublicLibyaSudan and South Sudan
Democratic Republic of the CongoMoldova* tooltipSyria
IranNorth-KoreaUzbekistan tooltip
Kazakhstan tooltipRussia tooltip

LHV Pank does not send or accept payments related to currencies.

Russian rouble (RUB) - Starting from 30.03.2022 LHV Pank does not send or accept payments in rubles.

LHV Pank has the right not to execute payments related to the following banks or countries:

CubaUkraine - Crimea, Sevastopol and Luhansk, Donetsk, Zaporizhzhia, Kherson oblasts

Payments may be restricted if the payment

  • is related to a credit institution whose activity licence has expired;
  • is related to a person (natural / legal) who is subject to the UN, European Union, UK or US sanctions
  • is related to a resident of any of the abovementioned countries or a person located or operating there;
  • details contain a word (e.g. city, hotel, name of a person) that can be associated with any of the abovementioned countries;
  • lacks important information (e.g. the payer’s/recipient’s name, address or details on the content of the transaction);
  • relates to dual-use good or is suspected of being.
  • is associated with a higher risk country. These can be high-risk third countries that are on the lists published by the FATF and the European Union.

Due to the sanctions imposed on Russia, payments may also be restricted if the payment

  • is related to trade restrictions or to the intellectual property of goods subject to trade restrictions.
  • is related to transit through Russia.
  • is related to third countries where sanctions evasion has been identified
  • is related to the Russian defense industry.
  • is related to transport to or from Russia by road.
  • is related to ships engaged in ship-to-ship transfers or ships that have manipulated with their navigation system.
  • is related to propaganda.

When making a payment, it should be taken into account that due to the international sanctions implemented, the time for payment (including receipt) may be extended. When choosing new partners and conducting transactions, the bank recommends assessing that the activity would not violate the restrictions established by international sanctions. Also, depending on the restriction, the bank may be obliged to block or freeze the payment. In addition, the review of foreign payments may take longer than usual if, due to the bank’s due diligence measures, the origin of the money needs to be more thoroughly determined. Coming from the aforementioned reasons, LHV Pank will not compensate the client for the loss incurred in the event of a restriction on the disposal of money.

When making a payment to LHV Pank, use the following details:


Name: AS LHV Pank

Address: Tartu mnt 2, 10145 Tallinn