Trade finance operations
Bank handles documentary credits in accordance with "Uniform Customs and Practice for Documentary Credits" issued by the International Chamber of Commerce and applicable at anytime.
Bank's prices include usual postage, SWIFT and transfer charges. Courier service and correspondent banks' fees and charges, if any, are paid by the customer.
| Documentary credits issued by Danske Banka | |
| Charges for issuing a documentary credit | |
| Issuance commission |
0,2% from amount, min. 100,00 LVL |
| Documentary credit usance commission |
by agreement |
| Amendment commission |
60,00 LVL |
| Documentary commission |
0,2% from amount, min. 60,00 LVL |
| Deferred payment commission |
75,00 LVL |
| Cancelation commission |
60,00 LVL |
|
Documentary credits advised through Danske Banka | |
| Advising commission |
60,00 LVL |
| Confirmation commission |
by agreement, min. 50,00 LVL |
| Amendment commission |
50,00 LVL |
| Documentary commission |
0,2% from amount, min. 60,00 LVL |
| Deferred payment commission with bank's acceptance/payment obligation |
by agreement + 60,00 LVL |
| Deferred payment commission without bank's obligation |
75,00 LVL |
| Cancelation commission |
50,00 LVL |
| Transfer of a documentary credit |
0,3% from amount, min. 100,00 LVL |
| Guarantees | |
| Charges for issuing a guarantee | |
| Establishment fee |
100,00 LVL |
| Guarantee usance commission |
by agreement |
| Amendment commission |
60,00 LVL |
| Cancelation commission |
60,00 LVL |
| Commission on handling claims under a guarantee |
250,00 LVL |
| Commission for a guarnatee issued against a counter guarantee |
by agreement + 100,00 LVL |
| Advising a guarantee issued by another bank or authentication of the guarantee issued by another bank |
60,00 LVL |
Bank handles documentary credits in accordance with "Uniform Customs and Practice for Documentary Credits" issued by the International Chamber of Commerce and applicable at anytime.
Bank's prices include usual postage, SWIFT and transfer charges. Courier service and correspondent banks' fees and charges, if any, are paid by the customer.
| Documentary collection | |
| Collection commission |
0,2% from amount, min. 30,00 LVL, max. 300,00 LVL |
| Acceptance fee |
30,00 LVL |
| Amendment |
20,00 LVL |
| Delivery of documents free of payment/return of unpaid documents |
40,00 LVL |
| Charges fo passing on the goods consigned to Danske Banka to buyers |
50,00 LVL |
| Protest |
60,00 LVL + a protest fee set by public notary |
| Collateral registration according to Trade Finance agreements | |
| Registration, modification or cancellation of collateral by customer request |
agreed individually, min. LVL 40,00 |
- The bank has the rights to determine a reasonable fee for the services not included in the pricelist, but necessary for the fulfilment of the customer's instructions.
- The documentary credit and guarantee issuance commission is calculated from the date of issuance of the documentary credit or guarantee (including) until the last date of the bank's commitment under the documentary credit or guarantee.
- The issuance commission shall be paid by the customer on the last business day of the calendar month. For the last month it shall be paid on the last date of the bank's commitment under the documentary credit or guarantee.
- Confirmation commission is calculated form the date of adding the confirmation (including) until the last date of the bank's commitment under the documentary credit.