Price List

Accounts and bank transfers

Valid as of 01.03.2024

[disclaimer] ⁽¹⁾ Except non-residents and business entities related to them. You can familiarize yourself with non-residents pricelist here.
⁽²⁾ The service fee is not applied if the apartment association submits a valid notarised power of attorney concerning the appointment of a representative.
⁽³⁾ High risk fields of activity.
⁽⁴⁾ Also applies to payments made via bank link, open banking, and Connect.
⁽⁵⁾ Includes service in a client office or by digital signing. Also, transactions carried out by phone through a client executive of LHV private banking.
⁽⁶⁾ European payment or Payment order (SEPA) is a payment made in Euro currency within Estonia or the SEPA area. The service fee type - shared. The use of IBAN is mandatory for European payment. A European payment is made if the beneficiary's bank has joined the pan-European payment system STEP2 SCT or T2. European payment is made as Instant Payment if the payment amount is up to EUR 100,000 and the beneficiary's bank has joined the pan-European instant payment system RT1 or TIPS
⁽⁷⁾ 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.
⁽⁸⁾ LHV group payment is a payment from the account of LHV Pank (Estonia) to the account of LHV Bank Limited (United Kingdom) or vice versa. The number of currencies is limited. Information on LHV Pank's website.
⁽⁹⁾ 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 or if condition 17 is met.
⁽¹⁰⁾⁾ Foreign payment is payment: 1) the beneficiary’s bank is in SEPA area and the payment currency is not euro or 2) the beneficiary’s bank is in SEPA area and the payment currency is euro but beneficiary’s bank is not member of pan- European payment system (STEP2 SCT, T2, RT1 or TIPS or 3) the beneficiary’s bank is located outside of SEPA area and the payment currency is any currency supported by LHV Pank (inc. EUR).
⁽¹¹⁾ 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.
⁽¹²⁾ Fee, 9 €, 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.
⁽¹³⁾ 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.
⁽¹⁴⁾ Full amount to beneficiary (OUR) type of service fee can not be selected if the payment payer´s and beneficiary´s bank is located in the European Economic Area.
⁽¹⁵⁾ The fee is applicable if the payment has been sent out from LHV Pank or received by LHV Pank. Service fees of other banks or payment intermediaries can be added.
⁽¹⁶⁾ 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.
⁽¹⁷⁾ Correspondent bank fees are deducted from the amount of the transferred payment if the beneficiary´s bank is located outside the countries of the European Economic Area or the currency is not in a circulation in the European Economic Area (for example USD). The beneficiary may therefore receive a smaller amount than was initiated by the payer.
⁽¹⁸⁾ Transfer: 1) whose beneficiary´s or payer's bank is located in country 2) Regardless of the channel for initiating the payment or the type of service fee selected, a service fee of EUR 100 applies. 3) It is not possible to initiate a payment as expedited or an express payment.

[disclaimer] ⁽⁹⁾ Service is available only in a client 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. 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⁾ The price includes VAT.
⁽¹³⁾ Account statements in the internet bank are free of charge.
⁽¹⁴⁾ Account statement fee is applicable to one statement of one bank account.
⁽¹⁵⁾ An extra fee of 0.1 € is applicable to every page starting from the 6th page of account statement printed in the Client office.
⁽¹⁶⁾ Except for the inquiries from the state, supervisory, law enforcement authorities and notaries concerning the rights and obligations of the bequeather.

Bank cards

Valid from 01.12.2022

Debit cards and credit cards

[disclaimer] ⁽¹⁾ The monthly fee applies to both the main card and the additional card.
⁽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⁾ In the case of an amount withdrawn in cash from a credit account or transferred to a current account, interest calculation begins immediately, i.e. there is no interest-free period. Interest is not calculated if free money that exceeds the amount of the credit limit is withdrawn or transferred from the credit account. For example: if the credit limit is €500, and the credit account has €600, then when withdrawing €100 in cash or transferring it to a current account, interest will not be calculated nor will a transfer fee be charged from the credit account to the current account. If the transfer is made at a client office, the usual transfer feemade at a bank office will be added.
⁽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 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, Tartu or Pärnu 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 03.04.2024

Servicing of payment cards

Valid as of 01.12.2022

[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 January 17, 2024

[disclaimer] ⁽¹⁾ The interest rate is calculated daily on the account balance as at the end of the day and rounded to two decimal places. The accrued interest shall be paid out at the beginning of the following month. Interest rate is expressed as a percentage per 360-day year. Interest rate for currencies other than EUR is 0%. The price list applicable to current accounts of payment intermediaries and financial institutions is determined based on a separate agreement with the client.

Pension

Valid from 14.04.2022

[disclaimer] ⁽¹⁾ Fee applies to each application
⁽²⁾ Financial transaction tax may be implemented on the purchase of certain securities: 0.2% of trade size for Spanish shares, 0.2% of trade size for Italian shares, 0.3% of trade size for French shares, 0.5% of trade size for UK shares, and 1% of trade size for Irish shares.
⁽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 01.07.2023

[disclaimer] ⁽¹⁾ Financial transaction tax may be implemented on the purchase of certain securities: 0.2% of trade size for Spanish shares, 0.2% of trade size for Italian shares, 0.3% of trade size for French shares, 0.5% of trade size for UK shares, and 1% of trade size for Irish shares.
⁽²⁾ Transaction fees are taken in the trading currency of the security
⁽³⁾ Up to 100 transactions per calendar month are free, the fee for each transaction exceeding the cap is 0.2% of the value of each transaction (valid from 12.12.2022).
⁽⁴⁾ The list of PTP securities is published on LHV Financial Portal and can be updated without prior notice.
⁽⁵⁾ The PTP commission applies to the gross amount of the transaction, before additional taxes and fees.
⁽⁶⁾ A 10% sales tax may apply to the gross amount of the sales transaction.
⁽⁷⁾ Minimum amount of 50,000 euros is required, except bonds traded on Nasdaq Baltic bond list.
⁽⁸⁾ 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.
⁽⁹⁾ 0 € is applied to Growth Account sales fee when the client has signed a home loan agreement in LHV Bank, and the lent money has not been deposited to client's account yet.

[disclaimer]⁽¹⁰⁾ 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.
⁽¹¹⁾ No fee is charged for an empty account.
⁽¹²⁾ 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.
⁽¹³⁾ First year free of charge.
⁽¹⁴⁾ 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.
⁽¹⁵⁾ Safekeeping of Depositary Receipts (ADR, GDR) is subject to the respective DR Agent’s fees in addition to management fees.
⁽¹⁶⁾ A safekeeping fee is added to PTP securities: 2% per month, min 150 €, VAT is added. The PTP securities list is located on LHV Financial Portal and may be renewed without prior notice. The safekeeping fee shall be calculated for each calendar month in which the client held an open position in a PTP security on at least one day. The fee is added to other management fees included in the price list. In certain cases, holders of PTP securities may also incur a U.S. tax liability without a cash credit to the account. In such a case, the bank has the right to demand payment of taxes from a client whose PTP position is imputable to the additional tax liability.

[disclaimer] ⁽¹⁷⁾ 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.
⁽¹⁸⁾ Transfer fees are taken in the trading currency of the security
⁽¹⁹⁾ Other banks may apply service charges that exceed charges applied by LHV Pank.
⁽²⁰⁾ 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.
⁽²¹⁾ If the subscription order is canceled, the fee charged for submitting the subscription order will not be refunded.
⁽²²⁾ Subscription of foreign securities and participation in voluntary corporate events with foreign securities, which may be supplemented by service fees of foreign external operators.
⁽²³⁾ Transfer of Baltic securities to another account manager takes place as a free of payment transaction, which is why transaction-based pricing is performed during the transfer.

Loans

Valid as of 12.07.2022

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 01.12.2022

[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 service includes interbank securities transfers without payment and against the payment without additional service fee, as well as subscription of shares with assistance of a client manager.
⁽³⁾ The EEA includes 27 EU Member States and 3 EFTA States: Iceland, Norway and Liechtenstein.
⁽⁴⁾ 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).

Non-residents

Valid as of 22.08.2023

[disclaimer] ⁽¹⁾ Once the account opening application has been submitted and the application fee paid, the client's information and submitted documents will be reviewed. In the event that the bank is ready to enter into a client agreement, no additional account opening fee will be incurred. If the bank is not prepared to enter into a client agreement, the fee for submitting the account opening application will not be subject to a refund.
⁽²⁾ Fee won't apply for Estonian citizens living abroad.
⁽³⁾ A company with at least 25% ownership belonging to legal entities registered outside Estonia or to non-resident private persons, or that has a non-resident ultimate beneficiary.
⁽⁴⁾ Fee won't apply for Ukrainian citizen accounts opened after 24.02.2022.

LHV Finance

Valid as of 01.04.2024

[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 23.08.2023

[disclaimer] ⁽¹⁾ NB! 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 in the Price List.
LHV Pank remains the right to charge higher or additional fees on top of the Price List in case of providing additional services or handling extensive projects.

[disclaimer] ⁽¹⁾ NB! In case the services ot other banks are being used (advising, authenticity check, etc), these fees are to be borne by the client in addition to the fees stated in the Price List.
LHV Pank remains the right to charge higher or additional fees on top of the Price List in case of providing additional services or handling extensive projects.
⁽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⁾ NB! 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 in the Price List.
LHV Pank remains the right to charge higher or additional fees on top of the Price List in case of providing additional services or handling extensive projects.

[disclaimer] ⁽¹⁾ VAT will be added

Loyalty cards

Valid as of 01.12.2022

[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).