Price list for business clients

¹ For the fees for processing documents related to account opening, see "Processing of Customer's documents".

² Opening an account remotely, opening of the Current account (unlimited number) – free of charge.

³ Except Payment and Electronic money institutions.

⁴ Using the Entry offer or Entrepreneur’s plan, servicing of the Current accounts – free of charge.

⁵ The commission fee is applied if Customer until date mentioned in SEB bank to Customer sent notification not fulfilled SEB bank requirements about account (incl. securities account) balance transferring. Fee is charged each month from funds that are not transferred after SEB bank request to Customer account opened in another credit institution.

⁶ ABF is calculated at the end of each calendar day, for excess amount of specified threshold for respective currency. ABF would not be applicable should respective central bank’s deposit rate become equal or exceed zero. ABF is debited once a month, and is applied only in cases where Bank individually informs Client 14 calendar days in advance. ABF is paid by Client. Bank does not calculate and pay interest on account balances to Client.
ABF = Excess amount of specified threshold*ECB deposit facility rate in absolute value/360
If Current Account end of day balance is 500 000 EUR and ECB rate is -0.5 %, then ABF for the respective day is 500 000 – 400 000 = 100 000 * 0.5 % / 360 = 1.39 EUR

¹ Opening of the temporary account remotely and transforming temporary current account to a permanent current account, fee for temporary current account is not charged.
If you need a statement on the share capital payment to the current account, an additional fee for preparing a standard statement will be charged.

¹ The fee applies if the Customer does not have a current account in SEB bank.

To change the operation limits, please fill out the application in Internet bank menu "Messages" → "Send new message" → "Limit changes" or visit SEB customer service point.

 
¹ Applied when a bank employee in a customer service point, via a video meeting or in another way makes amendments, which could have been made remotely by the internet bank administrator.

The calculated commission for the received SMS messages is deducted once a day.

¹ Monthly fee is not applied to customers who are using Entrepreneur’s Plans .

Improved exchange rate, starting from amount of 10,000 EUR or its equivalent in another currency, may be applied during the working hours and standard exchange rate is applied - during non-working hours.

The Bank's working time (including the time when receiving of payments are canceled, if it is set at the end of the working day) is shortened by one hour on pre-holiday days.

 
¹ Transfer to a deposit account is free of charge.

² If the payment order does not indicate the recipient's IBAN account, the payment will be processed as a Standard cross-border payment. The correspondent bank and/or beneficiary bank can charge additional fee to be collected from the Customer for the payment processing.

³ Payment in euro to the European bank (a bank located in a European Economic Area member state (including its autonomous territories), Switzerland, Monaco, San Marino, Andorra, Vatican City or United Kingdom).

⁴ If bank can process payment order as Instant payment it will reach beneficiary account generally within 10 seconds – Instant payments are executed every calendar day, including Saturdays, Sundays and national or public holidays. Instant payment processing is available if payment meets the following criteria: payment amount does not exceed the Instant payment limit set by the Customer (if the Customer has not set an Instant payment limit, the Bank will initially apply a single payment limit 15 000 EUR), beneficiary bank is participant of Instant payment system, and there are no other obstacles for Instant payment processing.
  If the Customer intends to initiate an Instant payment exceeding the amount of 10 million euro, the Customer shall notify the Bank in writing (using Internet Banking or in another manner specified in the agreements concluded with the Bank) at least one business day in advance.

⁵ The moment of suspending of accepting payment orders – the time on the Settlement day, after which the received Payment orders are considered to have been received on the next Settlement day.

⁶ Only in the Eurozone (zone in which the euro is introduced as the currency of the European Union).

⁷ Payments in foreign currencies to other banks in Latvia are processed like cross-border payments.

⁸ Payment order with commission fee type SHA - the commission fee of SEB bank is covered by the Customer, while all commission fees of correspondent banks and the recipient bank related to the payment are covered by the recipient. SEB bank sends the payment to the correspondent bank or recipient bank with the instruction SHA in the Details of Charges SWIFT notification field. Correspondent banks or the recipient bank have the right to withhold the commission fees from the transferred amount before or after depositing the funds in the recipient’s account.
  Payments to banks in the European Economic Area as well as in Switzerland, Monaco, San Marino, Andorra, Vatican City or United Kingdom in any currency are only accepted if the commission fee type is SHA. If the Customer specifies the commission fee type OUR for such payment, payment order will be rejected.
  Payment order with commission type OUR - the commission of SEB bank, as well as all commissions of the correspondent bank and recipient bank related to performance of the transfer are covered by the Customer. SEB bank sends the payment to the correspondent bank or beneficiary bank with indication OUR in the respective SWIFT message area Details of Charges, instructing the beneficiary bank to pay the transfer amount to the recipient. This provision limits the liability of SEB bank. SEB bank is not liable if the correspondent bank or recipient bank has failed to adhere to the instructions given by SEB bank or if the credit transfer has not been received in full due to other reasons not controlled by SEB bank. SEB bank has the right to withhold the commission fees claimed by the recipient bank or otherwise related to the payment from the Customer’s account without acceptance.

⁹ High sanction risk payment fee is applied for executing transfer order to countries which under the assessment of the bank are considered to be of higher sanction risk. Full list of high sanction risk countries is available above. Fee shall be charged additionally to other fees for the payment services as described in the price list.

Improved exchange rate, starting from amount of 10,000 EUR or its equivalent in another currency, may be applied during the working hours and standard exchange rate is applied - during non-working hours.

The Bank's working time (including the time when receiving of payments are canceled, if it is set at the end of the working day) is shortened by one hour on pre-holiday days.

 
¹ Transfer to a deposit account is free of charge.

² If the payment order does not indicate the recipient's IBAN account, the payment will be processed as a Standard cross-border payment. The correspondent bank and/or beneficiary bank can charge additional fee to be collected from the Customer for the payment processing.

³ Payment in euro to the European bank (a bank located in a European Economic Area member state (including its autonomous territories), Switzerland, Monaco, San Marino, Andorra, Vatican City or United Kingdom).

⁴ If bank can process payment order as Instant payment it will reach beneficiary account generally within 10 seconds – Instant payments are executed every calendar day, including Saturdays, Sundays and national or public holidays. Instant payment processing is available if payment meets the following criteria: payment amount does not exceed the Instant payment limit set by the Customer (if the Customer has not set an Instant payment limit, the Bank will initially apply a single payment limit 15 000 EUR), beneficiary bank is participant of Instant payment system, and there are no other obstacles for Instant payment processing.
  If the Customer intends to initiate an Instant payment exceeding the amount of 10 million euro, the Customer shall notify the Bank in writing (using Internet Banking or in another manner specified in the agreements concluded with the Bank) at least one business day in advance.

⁵ The moment of suspending of accepting payment orders – the time on the Settlement day, after which the received Payment orders are considered to have been received on the next Settlement day.

⁶ Only in the Eurozone (zone in which the euro is introduced as the currency of the European Union).

⁷ Payments in foreign currencies to other banks in Latvia are processed like cross-border payments.

⁸ Payment order with commission fee type SHA - the commission fee of SEB bank is covered by the Customer, while all commission fees of correspondent banks and the recipient bank related to the payment are covered by the recipient. SEB bank sends the payment to the correspondent bank or recipient bank with the instruction SHA in the Details of Charges SWIFT notification field. Correspondent banks or the recipient bank have the right to withhold the commission fees from the transferred amount before or after depositing the funds in the recipient’s account.
  Payments to banks in the European Economic Area as well as in Switzerland, Monaco, San Marino, Andorra, Vatican City or United Kingdom in any currency are only accepted if the commission fee type is SHA. If the Customer specifies the commission fee type OUR for such payment, payment order will be rejected.
  Payment order with commission type OUR - the commission of SEB bank, as well as all commissions of the correspondent bank and recipient bank related to performance of the transfer are covered by the Customer. SEB bank sends the payment to the correspondent bank or beneficiary bank with indication OUR in the respective SWIFT message area Details of Charges, instructing the beneficiary bank to pay the transfer amount to the recipient. This provision limits the liability of SEB bank. SEB bank is not liable if the correspondent bank or recipient bank has failed to adhere to the instructions given by SEB bank or if the credit transfer has not been received in full due to other reasons not controlled by SEB bank. SEB bank has the right to withhold the commission fees claimed by the recipient bank or otherwise related to the payment from the Customer’s account without acceptance.

⁹ High sanction risk payment fee is applied for executing transfer order to countries which under the assessment of the bank are considered to be of higher sanction risk. Full list of high sanction risk countries is available above. Fee shall be charged additionally to other fees for the payment services as described in the price list.

Improved exchange rate, starting from amount of 10,000 EUR or its equivalent in another currency, may be applied during the working hours and standard exchange rate is applied - during non-working hours.

The Bank's working time (including the time when receiving of payments are canceled, if it is set at the end of the working day) is shortened by one hour on pre-holiday days.

 
¹ Transfer to a deposit account is free of charge.

² If the payment order does not indicate the recipient's IBAN account, the payment will be processed as a Standard cross-border payment. The correspondent bank and/or beneficiary bank can charge additional fee to be collected from the Customer for the payment processing.

³ Payment in euro to the European bank (a bank located in a European Economic Area member state (including its autonomous territories), Switzerland, Monaco, San Marino, Andorra, Vatican City or United Kingdom).

⁴ If bank can process payment order as Instant payment it will reach beneficiary account generally within 10 seconds – Instant payments are executed every calendar day, including Saturdays, Sundays and national or public holidays. Instant payment processing is available if payment meets the following criteria: payment amount does not exceed the Instant payment limit set by the Customer (if the Customer has not set an Instant payment limit, the Bank will initially apply a single payment limit 15 000 EUR), beneficiary bank is participant of Instant payment system, and there are no other obstacles for Instant payment processing.
  If the Customer intends to initiate an Instant payment exceeding the amount of 10 million euro, the Customer shall notify the Bank in writing (using Internet Banking or in another manner specified in the agreements concluded with the Bank) at least one business day in advance.

⁵ The moment of suspending of accepting payment orders – the time on the Settlement day, after which the received Payment orders are considered to have been received on the next Settlement day.

⁶ Only in the Eurozone (zone in which the euro is introduced as the currency of the European Union).

⁷ Payments in foreign currencies to other banks in Latvia are processed like cross-border payments.

⁸ Payment order with commission fee type SHA - the commission fee of SEB bank is covered by the Customer, while all commission fees of correspondent banks and the recipient bank related to the payment are covered by the recipient. SEB bank sends the payment to the correspondent bank or recipient bank with the instruction SHA in the Details of Charges SWIFT notification field. Correspondent banks or the recipient bank have the right to withhold the commission fees from the transferred amount before or after depositing the funds in the recipient’s account.
  Payments to banks in the European Economic Area as well as in Switzerland, Monaco, San Marino, Andorra, Vatican City or United Kingdom in any currency are only accepted if the commission fee type is SHA. If the Customer specifies the commission fee type OUR for such payment, payment order will be rejected.
  Payment order with commission type OUR - the commission of SEB bank, as well as all commissions of the correspondent bank and recipient bank related to performance of the transfer are covered by the Customer. SEB bank sends the payment to the correspondent bank or beneficiary bank with indication OUR in the respective SWIFT message area Details of Charges, instructing the beneficiary bank to pay the transfer amount to the recipient. This provision limits the liability of SEB bank. SEB bank is not liable if the correspondent bank or recipient bank has failed to adhere to the instructions given by SEB bank or if the credit transfer has not been received in full due to other reasons not controlled by SEB bank. SEB bank has the right to withhold the commission fees claimed by the recipient bank or otherwise related to the payment from the Customer’s account without acceptance.

⁹ High sanction risk payment fee is applied for executing transfer order to countries which under the assessment of the bank are considered to be of higher sanction risk. Full list of high sanction risk countries is available above. Fee shall be charged additionally to other fees for the payment services as described in the price list.

The Bank's working time (including the time when receiving of payments are canceled, if it is set at the end of the working day) is shortened by one hour on pre-holiday days.

 
¹ Payments in euro with the commission fee type "SHA" if a correct IBAN of the beneficiary is specified in the payment and the payer's bank is a European bank.

² Including transfers in foreign currencies from other Latvian banks.

³ A transfer is free of charge if the payment order provides for the commission fee type "OUR".

⁴ High sanction risk payment fee is applied for transfer orders from countries which under the assessment of the bank are considered to be of higher sanction risk. Full list of high sanction risk countries is available on SEB website: www.seb.lv/en/business/daily-banking/payments/cross-border-payments. Fee shall be charged additionally to other fees for the payment services as described in the price list.

¹ Payment of the commission fee does not guarantee the return of money to Customer’s account. Return of the executed payment is possible only with the consent from the receiver of the payment.

² An application for payment revocation or investigation/change of details can be submitted no later than 13 months after the payment amount was debited from the account.

³ Fee is not withheld if the Bank has not started processing the payment and it has not yet been sent to beneficiary’s bank or correspondent bank.

⁴ Change of details is made by submitting Bank’s statement on the change of payment details according to the Customer’s application.

⁵ It is only possible to make on the payment crediting valuation day, if the beneficiary’s (Customer's) account currency indicated in the payment does not correspond to the payment currency and the Customer's application on the change of beneficiary’s account is submitted to the Bank no later than on the payment crediting valuation day by 16:00. Based on the Customer's application, the payment may be transferred into the Customer’s account whose currency corresponds to the payment currency. If the payment has already been transferred into the Customer’s account (currency conversion has been made), the Bank is entitled to calculate and deduct from the Customer any losses arising from the currency conversion.

Total cash deposit limit in ATMs with all customer’s cards is 9,000 EUR per month.²

 
¹ Information about exchange rates is available on the home page of International card organizations https://www.mastercard.com/global/currencyconversion/index.html un https://www.visaeurope.com/making-payments/exchange-rates.

² SEB bank has the right to unilaterally reduce or increase the cash deposit limit upon evaluation of the Customer's business and personal activities.

Customer account management from a different bank

Management of account opened in another bank via Internet bank

Automated sweeps

Total cash deposit limit in ATMs with all customer’s cards is 9,000 EUR per month.⁷

For other services (current account maintenance, transactions in the account, processing of the customer’s documents etc.) which SEB bank provides to customers in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for Corporate Customers.

A maximum of 200 banknotes can be deposited in an ATM in a single deposit transaction.

 
¹ The fee is related to cards which have not been prepared within Entrepreneurs plan. The fee applies starting with the second month of using the card.

² If processing of the complaint involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.

³ Application shall be deemed received by us:

• on the current working day if the application is submitted and received before 16:00;
• on the next working day if the application is submitted after 16:00.

In case working day is shortened according to the law, the above deadline shall be one hour prior to end of the shortened working day.

⁴ Includes changes in POS, ATM and monthly spending limits.

⁵ The customer can receive the card urgently on the same business day after 16:00, if the card was ordered before 12:00, but on the next business day after 16:00, if the card was ordered after 12:00, in customer service center specified by SEB Banka.

⁶ Information about exchange rates is available on the home page of International card organizations https://www.mastercard.com/global/currencyconversion/index.html and
https://www.visaeurope.com/making-payments/exchange-rates.

⁷ SEB bank has the right to unilaterally reduce or increase the cash deposit limit upon evaluation of the Customer's business and personal activities.

Others charges and terms related to Mastercard Business

Total cash deposit limit in ATMs with all customer’s cards is 9,000 EUR per month.⁸

For other services (current account maintenance, transactions in the account, processing of the customer’s documents etc.) which SEB bank provides to customers in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for Corporate Customers.

A maximum of 200 banknotes can be deposited in an ATM in a single deposit transaction.

 
¹ Charged starting from the second month of using the card/additional card.

² Except increase of the credit limit.

³ If processing of the complaint involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.

⁴ Application shall be deemed received by us:

• on the current working day if the application is submitted and received before 16:00;
• on the next working day if the application is submitted after 16:00.

In case working day is shortened according to the law, the above deadline shall be one hour prior to end of the shortened working day.

⁵ Includes changes in POS, ATM and monthly spending limits.

⁶ The customer can receive the card urgently on the same business day after 16:00, if the card was ordered before 12:00, but on the next business day after 16:00, if the card was ordered after 12:00, in customer service center specified by SEB Banka.

⁷ Information about exchange rates is available on the home page of International card organizations https://www.mastercard.com/global/currencyconversion/index.html and https://www.visaeurope.com/making-payments/exchange-rates.

⁸ SEB bank has the right to unilaterally reduce or increase the cash deposit limit upon evaluation of the Customer's business and personal activities.

¹ The commission fee must be paid on the day the agreement or amendments are signed.

² Commission fee is applied if the collateral is not insured (insurance policy is not provided to the bank) more than 30 days since expiration of the previous insurance policy.

¹ The commission fee must be paid on the day the agreement or amendments are signed.

¹ The commission fee must be paid on the day the agreement or amendments are signed.

¹ The commission fee must be paid on the day the agreement or amendments are signed.

¹ In cases when expropriation process of leased asset is not started.

² The fee is charged if the Lease object is not insured for more than 30 days.

¹ The commission is applied when the agreement is terminated before expiry. If the agreement is terminated before expiry, the customer does not receive the accrued interest.

Costs and charges of investment funds depends largely on the fund you are planning to invest in. Please see the costs and charges applied for a particular fund that you would like to invest in the prospectus or another document of the fund as well as ex ante costs and charges report of the fund, which could be found here. Usually, the costs and charges of investment funds are composed of the following:

• Securities account opening
• Safekeeping fee / Monthly administration fee depending on the unit class of the fund
• Fund ongoing charge

Minimum amount for subscription and switch of SEB mutual fund units - 1.00 EUR or equivalent in another currency.

 
¹ Regular payment orders or operations in Internet bank are possible only for those funds that are publicly distributed by SEB and indicated in SEB bank's home page.

² Commission is calculated according to the market value of securities or face value at the end of the day, and it is set in the equivalent of EUR according to the currency exchange accounting rates set by the European Central Bank (or if necessary by the rates of the respective national central bank.

³ The maximum allowed subscription fee is indicated in prospectus regulating SEB mutual funds. In cases when maximum allowed subscription fee indicated in the prospectus exceeds the fee indicated in the pricelist, the smallest fee will be applied.

⁴ Subscription orders are not available.

⁵ Commission is calculated according to the market value of securities or face value at the end of the month, and it is set in the equivalent of EUR according to the currency exchange accounting rates set by the European Central Bank (or if necessary by the rates of the respective national central bank).

Brokerage fees in the stock exchanges of the following countries ^{3, 4}

SEB Bank is entitled to withhold state fees or similar payments and other third parties' commission fees, for example, state fee in amount of 0,4% for securities issued in France, state fee in amount of 0,2% for securities issued in Spain, or Stamp Duty of respective country (0,1% for securities issued in Italy, 0,5% in the UK, 1% in Ireland). Rates are as of 1 April 2025; they are informative and may change over time.

 
¹ Commission is calculated according to the market value of securities or face value at the end of the month, and it is set in the equivalent of EUR according to the currency exchange accounting rates set by the European Central Bank (or if necessary by the rates of the respective national central bank).

² Austria, Belgium, Canada, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, UK, USA, including Depositary Receipts (ADR, GDR).

³ Commission is charged in the currency or its equivalent in another currency according to the pricelist of SEB bank for an executed or partially executed transaction and it is calculated in accordance with the currency exchange rate set by SEB bank.

⁴ To apply a transaction to SEB bank’s brokers, the “Agreement on execution of financial instrument transactions” must be concluded.

⁵ Except for Eurobonds, which ISIN starts with XS.

Letter of credit line¹

Import letters of credit

Export letters of credit

Additional services

*In accordance with the bank’s related internal and external regulations at the moment of verification

 
¹ The commission fee must be paid on the day the agreement or amendments are signed.

² Account balance fee shall be applied for the balance of funds in the accounts as indicated in SEB bank’s General Price list for Corporate Customers.

³ The fee is applied in case of more than one document undergo prior inspection.

^* In accordance with the bank’s related internal and external regulations at the moment of verification.

 
¹ The commission fee must be paid on the day the agreement or amendments are signed.

² Subject to the decision made by SEB bank and concluding the relevant agreement with the customer. The standard term for issuing a Guarantee is laid down in the Terms and Conditions of the Guarantee.

³ Account balance fee shall be applied for the balance of funds in the accounts as indicated in SEB bank’s General Price list for Corporate Customers.

⁴ Application for processing and sending a claim should be submitted to SEB bank at least 3 business days prior to the Guarantee expiry date.

^* In accordance with the bank’s related internal and external regulations at the moment of verification.

Available only for SEB bank customers.

 
¹ Cash withdrawal for amounts exceeding 7,500 EUR must be notified in writing one SEB banking day in advance before 12:00.

² When ordering cash, the commission fee of 15 EUR is collected from the customer's account at the moment of order. The commission fee for cash withdrawal is collected upon receipt of the order. If an order is not withdrawn, the collected commission for the cash order is not returned.

³ Cash withdrawals without a prior notice are provided to the best of our abilities. The fee for the cash withdrawal without a prior notice is charged for the total amount payable to the customer.

¹ Except for the foreigner's identity card.

² Or have a foreigner's identity card issued in Latvia.

³ Statements for auditor are not issued in paper, but only in electronic format (signed with secure e-signature).

⁴ Bank prepares a standardized confirmation form for audit purposes: https://www.seb.lv/en/business/daily-banking/bank-accounts/bank-confirmation-audit-purposes. Additional information, not included in the standard form, can be requested for additional fee according to price list.

⁵ Standard references include information about the existence of an account/card, account balance; termination of the account; the principal amount, balance and term of a loan; complete repayment of the loan; absence of liabilities; temporary account and contribution of the share capital. Standard reference is prepared within one working day as of receiving the request.

⁶ Non-standard references are the other references, which are not standard. About the term of preparation of a non-standard reference, the bank informs within two working days as of receiving the request.

⁷ Charged in cases when the card is located in a bank, and the manner of receipt is changed.

⁸ Fee is charged for the identification of each representative.