New service rates of Šiaulių Bankas for balances in the accounts in EUR

News
Announcements

Dear customers,

As of 1 March 2022, new service rates for balances in the accounts in EUR will take effect:

Rate prior to 28/02/2022 (inclusive)

As of 01/03/2022

The fee charged on balances in the accounts in EUR in excess of EUR 2,000,0001 – the European Central Bank (ECB) deposit facility rate (per cent) / 360 days The fee charged on balances in the accounts in EUR in excess of EUR 1,000,0001 – the European Central Bank (ECB) deposit facility rate (per cent) / 360 days
- The fee charged from Financial Institutions2 on balances in the accounts in EUR in excess of EUR 500,0001– the European Central Bank (ECB) deposit facility rate (per cent) minus 0.5 percentage point / 360 days

1 The fee is calculated at the end of each calendar day if the amount of all balances in the Customer’s bank accounts exceeds the limit specified in the table. The fee for the previous calendar month shall be debited by the 10th day of the next calendar month in accordance with the procedure provided for in the Payment Service Rules of Šiaulių Bankas. The annual deposit facility rate of the European Central Bank is published here. If the annual deposit facility rate of the European Central Bank is positive, it will be deemed to be zero.

2 Financial institutions are enterprises (including branches, representative offices, etc.) that provide financial, investment, insurance services, including but not limited to banks, credit unions and other credit institutions, payment institutions, electronic money institutions, insurance companies and insurance brokers, brokerage firms, investment companies, collective investment undertakings, pension funds.


The fee will be calculated at the end of each calendar day if the amount of your bank account balances in EUR is higher than indicated in the table above. The fee for the previous calendar month is deducted by the 10th day of the next calendar month.

Customers who agree with the updated service rates of Šiaulių Bankas are not required to take any action. Customers who do not agree with the updates may terminate their Bank Account Agreements as provided for in the General Service Rules of Šiaulių Bankas by informing Šiaulių Bankas in writing prior to the effective date of the changes. The Customer will be deemed to have accepted the changes if he/she/it fails not notify Šiaulių Bankas that he/she/it does not accept the changes prior to the effective date thereof.

Should you have any further questions, contact us by phone at +370 610 44447, by email to [email protected] or register in advance and visit the nearest customer service unit of Šiaulių Bankas.

Sincerely
Šiaulių Banks

Back to news list
Other news
Artea call centre will be temporarily unavailable
Announcements
Artea call centre will be temporarily unavailable
Due to scheduled maintenance of IT systems, the call centre line +370 610 44447 will be temporarily unavailable
Updates to the rules, terms and rates for some services
News
Updates to the rules, terms and rates for some services
A new version of the Payment Service Rules of Šiaulių Bankas (hereinafter, the “Rules”), which are an integral part of every agreement concluded with a client or service provided to a client, will take effect as of 1 January 2025.
Šiaulių Bankas has successfully placed EUR 300 million note issue on the international market
News
Šiaulių Bankas has successfully placed EUR 300 million note issue on the international market
Šiaulių Bankas AB has successfully placed EUR 300 million issue of 4.25-year senior preferred fixed rate reset notes with an optional call date and interest rate reset at 3.25 years from issue as debut on the international debt capital markets. The annual fixed rate coupon on the notes up to the reset date will be 4.853 %. Settlement will take place on 5 September 2024. Listing of the notes will be on Euronext Dublin.