Investment Services Fees
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1. Opening of securities account |
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1.1. Opening securities account with the Bank |
Free of charge |
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1.2. Opening a personal securities account with Nasdaq CSD |
40.00 EUR | ||||
| 2. Trading in shares and exchange-traded funds (ETFs)1 | At a bank branch, by telephone | Online | |||
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2.1. Europe: |
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2.1.1. Lithuania, Latvia, Estonia |
0.65 % (min. 5.00 EUR) |
0.20 % (min. 1.50 EUR) |
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2.1.2. Ireland (1.00% stamp duty applies in the case of a purchase) |
0.50 % (min. 40.00 EUR) |
0.30 % (min. 30.00 EUR) |
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2.1.3. Austria |
0.50 % (min. 45.00 EUR) |
0.40 % (min. 35.00 EUR) |
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2.1.4. Belgium |
0.50 % (min. 40.00 EUR) |
0.30 % (min. 30.00 EUR) |
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2.1.5. Bulgaria |
0.80 % (min. 100.00 EUR) |
0.50 % (min. 75.00 EUR) |
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2.1.6. Czech Republic |
0.70 % (min. 90.00 EUR) |
0.50 % (min. 70.00 EUR) |
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2.1.7. Denmark |
0.50 % (min. 55.00 EUR) |
0.30 % (min. 50.00 EUR) |
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2.1.8. United Kingdom (a stamp duty of 0.5% applies for all purchases of local shares) |
0.50 % (min. 45.00 EUR) |
0.25% (min. 25.00 EUR) |
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2.1.9. Greece (in the case of a sale, an 0.20% stamp duty) |
0.70 % (min. 100.00 EUR) |
0.70 % (min. 80.00 EUR) |
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2.1.10. Spain |
0.50 % (min. 45.00 EUR) |
0.30 % (min. 35.00 EUR) | |||
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2.1.11. Italy (in the case of purchases, financial transaction tax of up to 0.22% is applied |
0.35 % (min. 40.00 EUR) |
0.25 % (min. 25.00 EUR) |
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2.1.12. Croatia |
0.90 % (min. 40.00 EUR) |
0.70 % (min. 30.00 EUR) |
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2.1.13. Poland |
0.40 % (min. 20.00 EUR) |
0.30 % (min. 15.00 EUR) |
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2.1.14. Netherlands |
0.35 % (min. 45.00 EUR) |
0.25 % (min. 25.00 EUR) |
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2.1.15. Norway |
0.50 % (min. 45.00 EUR) |
0.30 % (min. 45.00 EUR) |
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2.1.16. Portugal |
0.35 % (min. 45.00 EUR) |
0.30 % (min. 35.00 EUR) |
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2.1.17. France (n the case of purchases, a 0.30% financial transaction tax is generally applied fee) |
0.35 % (min. 45.00 EUR) |
0.25 % (min. 25.00 EUR) |
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2.1.18. Romania |
1.00 % (min. 75.00 EUR) |
0.60 % (min. 35.00 EUR) |
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2.1.19. Serbia |
1.10 % (min. 120.00 EUR) | 1.00 % (min. 100.00 EUR) |
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2.1.20. Slovakia |
0.90 % (min. 50.00 EUR) |
0.60 % (min. 40.00 EUR) |
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2.1.21. Slovenia |
1.20 % (min. 130.00 EUR) |
0.90 % (min. 80.00 EUR) |
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2.1.22. Finland |
0.35 % (min. 40.00 EUR) |
0.30 % (min. 30.00 EUR) |
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2.1.23. Sweden |
0.30 % (min. 45.00 EUR) |
0.25 % (min. 35.00 EUR) |
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2.1.24. Switzerland |
0.50 % (min. 50.00 EUR) |
0.30 % (min. 40.00 EUR) |
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2.1.25. Turkey |
0.90 % (min. 45.00 EUR) |
0.60 % (min. 35.00 EUR) |
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2.1.26. Hungary |
0.80 % (min. 55.00 EUR) |
0.60 % (min. 45.00 EUR) |
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2.1.27. Germany Xetra |
0.35 % (min. 25.00 EUR) |
0.25% (min. 15.00 EUR) |
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2.1.28. Germany Frankfurt |
0.50 % (min. 35.00 EUR) |
0.40 % (min. 30.00 EUR) |
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2.1.29. Germany Gettex |
0.00 % (min. 0 EUR) | 0.00 % (min. 0 EUR) | |||
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2.2. America: |
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2.2.1. US |
0.30 % (min. 35.00 EUR) |
0.25 % (min. 20.00 EUR) |
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(not less than USD 0.02 per share) |
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2.2.2. Canada |
0.30 % (min. 30.00 EUR) |
0.25 % (min. 30.00 EUR) |
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(not less than EUR 0.02 per share) |
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2.3. Other foreign markets and equity securities distributed by the Bank |
As agreed |
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3. Trading in investment funds |
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3.1. Bond and money market funds |
0.30 % (min. 30.00 EUR) |
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3.2. Equity and balanced funds |
0.50 % (min. 30.00 EUR) |
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3.3. Funds distributed by the bank |
As agreed |
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4. Trading in debt securities |
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4.1. When a counterparty is a Bank (transaction out of stock exchange) |
Free of charge2 |
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4.2. Bonds issued by Lithuanian, Latvian, and Estonian issuers |
0.20 % (min. 20.00 EUR) |
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4.3. Lithuanian Govt. bond auctions on the NASDAQ Vilnius Stock Exchange |
0.02 % (min. 20.00 EUR) |
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4.4. Bonds of other foreign countries, Eurobonds - outside of the stock exchange - on stock exchanges of foreign countries (except Nasdaq Baltic) |
- 0.25 % (min. 25.00 EUR) 0.25% (min. EUR 50) + third party fees |
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4.5. Bulgaria, Czech Republic, Greece, Croatia, Romania, Slovakia, Slovenia, Turkey, Hungary |
0.25 % (min. 55.00 EUR or 100 USD, if DVP transaction’s* currency is USD) |
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4.6. Unlisted debt securities |
0.25 % (min. 20.00 EUR) |
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4.7. Debt securities distributed by the Bank |
As agreed |
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5. Monthly fee for securities custody3 |
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5.1. Lithuania |
0.005 % |
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5.2. Latvia, Estonia |
0.007 % |
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5.3. Ireland, Australia, Austria, Belgium, Denmark, Great Britain, Greece, |
0.014 % |
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5.4. Germany (Gettex) |
0,025 % (not applied until 2027.12.31) | ||||
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5.5. Bulgaria, Czech Republic, Georgia, Hong Kong, Croatia, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey, Hungary, Ukraine |
0.035 % |
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5.6. Bosnia (Banja Luka), Kazakhstan, Russia |
0.070 % |
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5.7. Eurobonds |
0.008 % |
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5.8. Investment funds - Artea Bank group companies - Other management companies |
- Free 0.015 % |
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5.9. Unlisted financial instruments |
0.005% |
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5.10. Management of personal securities accounts opened with Nasdaq CSD |
According to agreement | ||||
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6. Transaction fees4 |
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6.1. No fee Transfer of securities issued by Lithuanian, Latvian, and Estonian issuers to the accounts of another securities custodian |
10.00 EUR |
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6.2. Units of Tax-free transfer to the accounts of another securities custodian |
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- Belgium, Germany, the Netherlands, France, Denmark, Sweden, Norway, Finland, Italy, the UK, the US, Switzerland, Austria, Ireland, Luxembourg, Portugal, Spain, Japan, Hong Kong, Eurobonds |
30.00 EUR | ||||
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- Romania, Slovenia, Croatia, Turkey, Bulgaria |
35.00 EUR | ||||
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- Serbia |
50.00 EUR | ||||
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6.3. Tax-free transfer of securities (acceptance) |
Free of charge |
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6.4. Settlement when the bank acts as a custodian of securities and/or funds |
45 or 70 EUR** |
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6.5. Modification, correction, non-confirmation or cancellation of a transaction |
40.00 EUR |
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6.6. Conversion of depository receipts (GDR, ADR) into shares |
EUR 50 + third-party fees |
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7. Registration of transactions not concluded on the stock exchange5 |
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7.1. Registration of OTC transaction (purchase, sale, donation) of Lithuanian securities |
10.00 EUR |
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7.2. Registration of OTC transaction (purchase, sale, donation) of foreign securities |
20.00 EUR |
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7.3. Registration of an over-the-counter transaction with the transfer of securities to another intermediary |
30.00 EUR plus third party fees |
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7.4. Registration and settlement in USD of OTC transaction of foreign securities |
100.00 USD |
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7.5. Preparation, registration and settlement of non-standard OTC transaction |
Under agreement |
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7.6. Securities inheritance transaction (fee is paid by the securities recipient) |
10.00 EUR |
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7.7. Conclusion, extension of securities repurchase (repo) transaction |
100.00 EUR |
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7.8. Amendment of securities repo transaction conditions, except term of repo |
50.00 EUR |
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7.9. Pledge of securities6 |
15.00 EUR |
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8. Additional services |
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8.1. Representing the client in a meeting of shareholders (not available in some countries) |
EUR 145 + third-party fees (VAT included) |
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8.2. Participation in a foreign securities event that is not mandatory (not available in some markets) |
EUR 38 + third-party fees (VAT included) |
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8.3. Issuance of securities accounts statements from the document accounting archives of the issuer’s agent (in cases where the issuer’s securities accounting is no longer carried out by the agent) |
EUR 18 per security holder for statements from the securities accounts of a single issuer (VAT included) |
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8.4. Provision of copies of securities transaction documents from the securities document accounting archive |
EUR 3,70 per page, but not more than EUR 50 (VAT included) |
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8.5. Additional notifications7, statements, certificates upon request Submission In Lithuanian/English |
Based on the rates for certificates and other confirmations |
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8.6. Other services |
As agreed (VAT included) |
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* These are transactions that are concluded in accordance with the principle of simultaneous transfer of securities and funds (Delivery Versus Payment).
** In the case of instructions received on the settlement date, a fee of EUR 70 applies.
1 Transaction fees are charged in the transaction currency. Minimum transaction fees are converted into the transaction currency according to the euro and foreign currency exchange rate published by the Bank of Lithuania on the transaction date. The minimum transaction fee on the secondary market applies to all transactions made on the same day of the order. If an order is executed over several days, the minimum fee is calculated for each day of order execution. Transactions involving significant events (e.g., initial public offering, official offering, buyback of own shares, etc.) are subject to online rates. Some foreign exchanges may set a minimum order size or a minimum number of shares and its multiple. Some foreign countries apply an additional financial transaction tax or stamp duty. This tax is applied according to the country of registration of the financial instrument, not the country of trading.
2 All transaction fees, including transaction margin, are included in the transaction price. When the Bank acts as a distributor of debt securities, the rate is set according to the agreement.
3 The monthly securities custody fee is calculated every month from the average value of balance of each securities account. The value of securities is determined based on the last published market price of securities on the stock exchange. If a market price is not established and in case of all deb securities a fee shall be calculated according to the nominal value of the securities. In case of the investment funds' units - according to the last price published by the administrator. The minimum storage fee for all securities is EUR 0.50. Depository receipts (ADR, GDR) may be subject to additional third party fees. Debt securities held in Nasdaq CSDs may be subject to the Nasdaq CSD fee applicable to interest disbarment.
4 If client’s securities are stored at third parties (foreign depositories, banks and other custodians), the third-party charges include fees for securities transfer applied by the custodians to the bank.
5 In the case of registration of an OTC transaction, the fee is payable by both parties to the transaction, unless otherwise specified. In the case of registration of an OTC foreign securities transaction, fees imposed by third parties (foreign depositories, other intermediaries) apply when the securities are deposited with those third parties. Changes to the terms of the normal billing cycle may result in an increased fee.
6 Shall not apply if securities are pledged as collateral to ensure fulfilment of liabilities arising from embedded derivative agreement.
7 Additionally submitted documents shall mean such documents (statements, reports, certificates, etc.) which, upon the client’s request, shall be submitted to the client additionally not including the documents which have to be provided by the bank to the client free of charge in compliance with the regulations.