Trade finance

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 LVL

Documentary credit issuance commission

by agreement

Amendment commission

60 LVL

Documentary commission

0,2% from amount, min. 60 LVL

Deferred payment commission

75 LVL

Cancelation commission

60 LVL

Documentary credits advised through Danske Banka
Advising commission

60 LVL

Confirmation commission

by agreement, min. 50 LVL

Amendment commission

50 LVL

Documentary commission

0,2% from amount, min. 60 LVL

Deferred payment commission with bank's acceptance/payment obligation

by agreement + 60 LVL

Deferred payment commission without bank's obligation

75 LVL

Cancelation commission

50 LVL

Transfer of a documentary credit

0,3% from amount, min. 100 LVL

Guarantees
Charges for issuing a guarantee:
Establishment fee

100 LVL

Guarantee issuance commission

by agreement

Amendment commission

60 LVL

Cancelation commission

60 LVL

Commission on handling claims under a guarantee

250 LVL

Commission for a guarnatee issued against a counter guarantee

by agreement + 100 LVL

Advising a guarantee issued by another bank or authentication of the guarantee issued by another bank

60 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 LVL, max. 300 LVL

Acceptance fee

30 LVL

Amendment

20 LVL

Delivery of documents free of payment/return of unpaid documents

40 LVL

Charges fo passing on the goods consigned to Sampo Banka to buyers

50 LVL

Protest

60 LVL + a protest fee set by public notary

  • The bank has the rights to determine a reasonable fee for the services not included in the price list, 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.

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    Cēsu iela 31/8, Rīga, Latvia  +371 67 959 599  info@danskebanka.lv

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