Service plans
Scroll the table horizontally, in order to see more information on different service plans.
| Service name | Daily | Progressive | Exclusive |
|---|---|---|---|
| Apply for a service plan | Apply | Apply | Apply |
| Conclusion, monthly fee | 3 euros (free until the age of 26)1 | 5 euros | 10 euros8 |
| Current accounts without monthly fee2 | |||
| Unlimited number of free intra-bank and European payments in electronic channels3 | |||
| Mastercard Debit payment card4 | |||
| Cash withdrawal free of charge from SEB ATMs in the Baltics and Swedbank ATMs in Latvia (monthly limit is common across all customer cards) | Up to 750 euros | Up to 1000 euros | Up to 1500 euros |
| Compensation paid out to the customer in case of a trauma5 | 50 euros a year | 100 euros a year | 200 euros a year |
| 1 credit card without maintenance fee6 | Mastercard Standard credit card Extra services included with no additional cost:
| Mastercard Premium credit card Extra services included with no additional cost:
| |
| Possibility to add members7 | Up to 2 members can use this plan with a 50% discount | Up to 2 members can use this plan with a 50% discount |
1 Customers aged 7 to 25 (including) automatically receive the Youth offer, which is equivalent to the Daily plan and requires no agreement. Please note that Instant Trauma Insurance is not included in the Youth offer. Once the customer turns 18, they can apply for the Daily service plan to gain access to the Instant Trauma Insurance. The Daily plan remains free of charge until the customer turns 26. From the age of 18, customers can also opt for other service plans or services, paying according to the applicable price list.
2 We do not offer a current account with no monthly fee to non-residents of EEA Member States who have a service plan.
3 Includes an unlimited number of intra-bank and Standard SEPA payments (including Instant payments), e-invoice with automated standing order and standing order payments to European banks.
4 If the customer has several payment cards, the monthly commission fee will not be applied to the card for which the agreement was concluded earliest.
5 5. With the insurance cover in the event of trauma, you will be compensated if, due to an accident, you have suffered a health problem (trauma), due to which you have been required to visit an emergency medical department. The indemnity is paid for one such event in a calendar year and its occurrence must be proven by medical records. The indemnity is paid within two working days from the submission of the required medical documents. The customer does not need to conclude an insurance agreement to obtain this insurance cover. The insurance is valid from the day following the conclusion of the service plan agreement until the expiry of the agreement or until the member is removed from the service plan. The insurance cover in the event of trauma is provided by the Latvia branch of SEB Life and Pension. Please review the information document of the instant trauma insurance service and the insurance terms and conditions (incl. the limitations and exclusions therein) on the website of SEB.
6 If the customer has multiple credit cards, the monthly commission fee will not be applied to the card for which the agreement was concluded earliest.
7 A plan member can be an adult who holds a current account with SEB. The Service plan user can add up to 2 members who can use the plan at a 50% discount. The fee for each added member will be deducted from the main user of the plan.
8 Customer benefit programme’s Gold level members receive a 50% discount.
9 Flight Delay Pass – lounge access in case of flight delay.
Accounts
| Service | Fee |
|---|---|
| Opening | Free of charge |
| Servicing per month: | |
| 1.00 EUR |
| 15.00 EUR |
| Customer's funds administrating monthly fee for Customer with whom SEB bank is terminated cooperation3 | 75.00 EUR |
| Closing (including transfer of the account balance to another account at SEB banka) | Free of charge |
1 The commission fee is not applied for:
- Entry Offer users (for one oldest current account);
- any SEB bank Customer plan users (incl. Customer plans participants according to Customer plan conditions);
- customers up to 25 years old (inclusive).
2 The commission fee is not applied for Entry offer users up to 25 years old (inclusive).
3 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 which are not transferred after SEB bank request to Customer account opened in another credit institution.
| Service | Fee |
|---|---|
| Fee for the service in standard cases: | |
|
0,4%, min 45.00 EUR, max 400.00 EUR |
|
0,4%, min 100.00 EUR |
| Fee for the service in non-standard cases | By agreement |
| Re-entering the agreement or changing the terms of agreement | By agreement, min 50.00 EUR |
| Inspection of documents for the customers who have a personal identity document issued outside the EEA and who do not have the permanent residence permit in Latvia1 | 250.00 EUR |
1 The fee applies if the Customer does not have a current account in SEB bank.
Payments
| Service | Fee in internet bank and mobile application | Fee at customer service points |
|---|---|---|
| Intrabank payment | ||
| Between accounts of one customer at SEB bank (incl. transfers to a savings deposit) | Free of charge | 5.00 EUR1 |
| To another customer's account at SEB bank if customer has applied for the Customer’s plan | Free of charge | 5.00 EUR |
| To another customer's account at SEB bank | 0.25 EUR | 5.00 EUR |
| SEB pension fund, SEB Life and Pension Baltic SE accounts within SEB bank | Free of charge | Free of charge |
| Currency exchange within one account | Free of charge | 5.00 EUR |
| European payment2, 3 | ||
| Standard SEPA / Instant payment if customer has applied for the Customer’s plan | Free of charge | 5.00 EUR |
| Standard SEPA / Instant payment | 0.25 EUR | 5.00 EUR |
| Submission and performance of the payment4, 5 | In Internet bank and mobile application: until 16:30, D+0* | At customer service points: until 15:30, D+0* |
| European Express payment (SHA)6 | 22.00 EUR | 25.00 EUR |
| Submission and performance of the payment5 | In Internet bank and mobile application: until 17:00, D+0* | At customer service points: until 16:00, D+0* |
| Cross-border payment7, 8 | ||
| Standard payment: | ||
| 11.50 EUR | 14.50 EUR |
| 20.00 EUR | 25.00 EUR |
| Submission and performance of the payment5 | In Internet bank and mobile application: until 17:00, D+2* | At customer service points: until 17:00, D+2* |
| Urgent payment: | ||
| 18.50 EUR | 22.00 EUR |
| 26.00 EUR | 30.00 EUR |
| Submission and performance of the payment5 | In Internet bank and mobile application: until 15:00, D+1* | At customer service points: until 14:00, D+1* |
| Express payment: | ||
| 22.00 EUR | 25.00 EUR |
| 25.00 EUR | 30.00 EUR |
| 50.00 EUR | 58.00 EUR |
| Submission and processing of payments5 in USD, EUR, GBP, CAD | In Internet bank and mobile application: until 16:30, D+0* | At customer service points: until 15:30, D+0* |
| Submission and processing of payments5 in NOK, CHF, SEK | In Internet bank and mobile application: until 15:00, D+0* | At customer service points: until 14:00, D+0* |
| Submission and processing of payments5 in DKK, RUB | In Internet bank and mobile application: until 13:00, D+0* | At customer service points: until 12:00, D+0* |
| * D+0 Transfer of funds to the recipient bank or correspondent bank on the same day. D+1 Transfer of funds to the recipient bank or correspondent bank on the following day. D+2 Transfer of funds to the recipient bank or correspondent bank on the day after. | ||
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 an 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.
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.
| Service | Fee |
|---|---|
| Within SEB bank | Free of charge |
| European payment1 | Free of charge |
| Cross-border payment2 | 5.00 EUR3 |
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".
| Service | Fee |
|---|---|
| Revocation of a payment:1, 2 | |
| 20.00 EUR |
| 20.00 EUR |
| 50.00 EUR + fees of foreign banks |
| Investigation/change of details of a sent payment:2 | |
| 20.00 EUR |
| 20.00 EUR + fees of foreign banks |
| 40.00 EUR + fees of foreign banks |
| Change/specification of details for incoming payments: | |
| 10.00 EUR |
| 10.00 EUR |
| Fee for reviewing of an unjustified complaint | 10.00 EUR |
| Service | Payments that were made during the last 6 months | Payments that were made 6 or more months ago |
|---|---|---|
| Tracing payments sent or missing incoming transfers: | ||
| 20.00 EUR + actual expenses | 25.00 EUR + actual expenses |
| 40.00 EUR + actual expenses | 120.00 EUR + actual expenses |
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.
| Service | Fee |
|---|---|
| Service implementation in person | 3.00 EUR |
| Service implementation via internet bank | Free of charge |
| Amendment in agreement | Free of charge |
| Termination of services | Free of charge |
| Transfer | In accordance with the fee for the respective payment in electronic channels |
| Service | Fee |
|---|---|
| Service connection, changes and termination | Free of charge |
| Payment from the account | In accordance with the fee for the respective payment in electronic channels |
| Service | Fee |
|---|---|
| Cash deposit in EUR (for each transaction) | |
| To Current account at SEB bank | 0,5%, min 10.00 EUR |
| Cash deposit in coins, over 50 pcs. | 20%, min 10.00 EUR |
| Cash withdrawal in EUR (for each transaction) | |
| Up to 7,500 EUR | 1%, min 10.00 EUR |
| Above 7,500 EUR with a prior notification1 | 1,5% |
| Prior notification for cash withdrawal2 | 15.00 EUR |
| Above 7,500 EUR without a prior notification3 | 2% |
| Withdrawal in coins, over 50 pcs. | 20%, min 20.00 EUR |
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.
Online services
| Service | Fee |
|---|---|
| Connection to the system | Free of charge |
| Servicing per month | Free of charge |
| First Smart-ID registration in a bank | Free of charge |
| Repeated Smart-ID registration in a bank | 4.13 EUR (plus VAT 0.87 EUR) |
| Code calculator issuance, replacement | 9.00 EUR |
| Mailing of code calculator upon the customer’s request within Latvia | 15.00 EUR (plus VAT 3.15 EUR) |
| Courier delivery of code calculator abroad upon the customer’s request | By agreement, min 30.00 EUR (plus VAT 6.30 EUR) |
To change the operation limits, please fill out the application in internet bank section "Accounts" → "Current accounts and limits" → "Change limit" or visit SEB customer service point.
| Service | Fee |
|---|---|
| Connection to the system | Free of charge |
| Servicing per month | Free of charge |
| SMS message (for each) | 0.13 EUR |
| E-mail message (for each) | 0.13 EUR |
The calculated commission for the received SMS messages is deducted once a day.
Payment cards
Price list: Mastercard Junior debit card
Until the age of 18, code calculator issuance – free of charge (standard fee – 9 EUR).
| Service | Fee |
|---|---|
| Card preparing1 | Free of charge |
| Usage of the card (per month) | Free of charge |
| Replacing a card | 6.00 EUR |
| Commission for purchase | Free of charge |
| Cash withdrawal in another bank | 2%, min 3.00 EUR |
| Cash withdrawal at ATMs of: | |
| Free of charge |
| 0,55% of transaction amount |
| 2%, min 3.00 EUR |
| Cash withdrawal at business operators' outlets | Free of charge |
| Cash deposit at SEB bank’s ATM: | |
| Free of charge |
| 0,1% of transaction amount |
| Others charges and terms related to Mastercard Junior debit card | |
| Fee for sending a card by mail in the territory of Latvia | Free of charge |
| Fee for sending a card to abroad | 10.00 EUR |
| Fee for sending card to a parcel machine in Latvia | Free of charge |
| Reviewing a complaint2, 3 | Free of charge |
| Change of PIN code in SEB bank’s ATMs | Free of charge |
| Fee for unblocking PIN code of a card in SEB bank’s ATMs, if the PIN has been entered incorrectly for 3 consecutive times while using POS terminal | Free of charge |
| Change of card transaction limit within SEB bank's standard limit (in person)4 | 5.00 EUR |
| Change of card transaction limit above the standard maximum limit set by SEB bank4 | 10.00 EUR |
| Checking the account balance through ATMs of: | |
| Free of charge |
| 0.45 EUR |
| 1.00 EUR |
| Fee for urgent card issue5 | 30.00 EUR |
| Surcharge on currency exchange when the currency of the card’s main account is not that of the transaction currency6 | 3% |
Total cash deposit limit in ATMs with all customer’s cards is 7,000 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 the customer in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for individuals.
A maximum of 200 banknotes can be deposited in an ATM in a single deposit transaction.
1 Charged when the new or renewed card is activated.
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
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.
| Service | Fee |
|---|---|
| Fee for preparing a card, if activated in a bank or by calling the customer’s centre | 5.00 EUR |
| Fee for preparing a card, if activated in the internet bank, mobile app or ATM | 1.40 EUR |
| Fee for use of the card (per month)1 | 1.40 EUR |
| Replacing a card | 6.00 EUR |
| Commission for purchase | Free of charge |
| Cash withdrawal in another bank | 2%, min 3.00 EUR |
| Cash withdrawal at ATMs of: | |
| Free of charge |
| 0,55% of transaction amount |
| 2%, min 3.00 EUR |
| Cash withdrawal at business operators' outlets | Free of charge |
| Cash deposit at SEB bank’s ATM: | |
| Free of charge |
| 0,1% of transaction amount |
| Others charges and terms related to Mastercard contactless debit card | |
| Fee for sending a card by mail in the territory of Latvia | 1.00 EUR |
| Fee for sending a card to abroad | 10.00 EUR |
| Fee for sending card to a parcel machine in Latvia | 2.30 EUR |
| Reviewing a complaint2, 3 | Free of charge |
| Change of PIN code in SEB bank’s ATMs | Free of charge |
| Fee for unblocking PIN code of a card in SEB bank’s ATMs, if the PIN has been entered incorrectly for 3 consecutive times while using POS terminal | Free of charge |
| Change of card transaction limit within SEB bank's standard limit (in person)4 | 5.00 EUR |
| Change of card transaction limit above the standard maximum limit set by SEB bank4 | 10.00 EUR |
| Checking the account balance through ATMs of: | |
| Free of charge |
| 0.45 EUR |
| 1.00 EUR |
| Fee for urgent card issue5 | 30.00 EUR |
| Surcharge on currency exchange when the currency of the card’s main account is not that of the transaction currency6 | 3% |
Total cash deposit limit in ATMs with all customer’s cards is 7,000 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 the customer in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for individuals.
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 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
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.
| Service | Fee |
|---|---|
| Fee for preparing Temporary card | 5.00 EUR |
| Cash withdrawal at SEB bank’s ATM of: | |
| Free of charge |
| 0,55% of transaction amount |
| Cash deposit at SEB bank’s ATM: | |
| Free of charge |
| 0,1% of transaction amount |
| Others charges and terms related to Temporary card | |
| Reviewing a complaint1, 2 | Free of charge |
| Checking the account balance through ATMs of SEB bank | Free of charge |
Total cash deposit limit in ATMs with all customer’s cards is 7,000 EUR per month.3
For other services (current account maintenance, transactions in the account, processing of the customer’s documents etc.) which SEB bank provides to the customer in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for individuals.
A maximum of 200 banknotes can be deposited in an ATM in a single deposit transaction.
1 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.
2 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.
3 SEB bank has the right to unilaterally reduce or increase the cash deposit limit upon evaluation of the Customer's business and personal activities.
Credit cards
| Service | I Interest-free credit limit | II Credit line | III Fixed payment1 |
|---|---|---|---|
| Preparing a card/additional card, if activated at presence or by calling the customer’s centre | 5.00 EUR | 5.00 EUR | 5.00 EUR |
| Preparing a card/additional card, if activated in the internet bank, mobile app or ATM | 2.50 EUR | 2.50 EUR | 2.50 EUR |
| Usage of the card/additional card (per month)2 | 2.50 EUR | 2.50 EUR | 2.50 EUR |
| Replacing a card/additional card, if activated at presence or by calling the customer’s centre | 15.00 EUR | 15.00 EUR | 15.00 EUR |
| Replacing a card/additional card, if activated in the internet bank or mobile app | 10.00 EUR | 10.00 EUR | 10.00 EUR |
| Purchase in Latvia and abroad | Free of charge | Free of charge | Free of charge |
| Cash withdrawal at ATMs of: | |||
| Free of charge | Free of charge | Free of charge |
| 2%, min 4.00 EUR | 2%, min 4.00 EUR | 2%, min 4.00 EUR |
| 2%, min 4.00 EUR | 2%, min 4.00 EUR | 2%, min 4.00 EUR |
| Cash withdrawal in another bank | 2%, min 4.00 EUR | 2%, min 4.00 EUR | 2%, min 4.00 EUR |
| Cash withdrawal at business operators' outlets | 2%, min 4.00 EUR | 2%, min 4.00 EUR | 2%, min 4.00 EUR |
| Cash deposit at SEB bank’s ATM: | |||
| Free of charge | Free of charge | Free of charge |
| 0,1% of transaction amount | 0,1% of transaction amount | 0,1% of transaction amount |
| Changes in the credit card agreement (submitted to the Finance centre) | 10.00 EUR | 10.00 EUR | 10.00 EUR |
| Changes in the credit card agreement (submitted in internet bank)3 | Free of charge | Free of charge | Free of charge |
| Reviewing an application of credit limit increase | 10.00 EUR | 10.00 EUR | 10.00 EUR |
| Fee for the used credit limit (per year) | 0% | 18% (1,5% per month) | 18% (1,5% per month) |
| Monthly repayment amount | 100% | 5% | Fixed in compliance with the agreement |
| Late payment interest (per year) | 36% (3% per month) | 36% (3% per month) | 36% (3% per month) |
| Contractual penalty (per year) | 36% (3% per month) | 36% (3% per month) | 36% (3% per month) |
Others charges and terms related to Contactless Mastercard
| Service | Fee |
|---|---|
| Fee for sending a card/additional card by mail in the territory of Latvia | 1.00 EUR |
| Fee for sending a card/additional card to abroad | 10.00 EUR |
| Fee for sending card/additional card to a parcel machine in Latvia | 2.30 EUR |
| Reviewing a complaint4, 5 | Free of charge |
| Change of PIN code in SEB bank’s ATMs | Free of charge |
| Fee for unblocking PIN code of a card in SEB bank’s ATMs, if the PIN has been entered incorrectly for 3 consecutive times while using POS terminal | Free of charge |
| Change of card transaction limit within SEB bank's standard limit (in person)6 | 5.00 EUR |
| Change of card transaction limit above the standard maximum limit set by SEB bank6 | 10.00 EUR |
| Consideration of a loan application | Free of charge |
| Checking the account balance through ATMs of: | |
| Free of charge |
| 0.45 EUR |
| 1.00 EUR |
| Fee for urgent card issue7 | 30.00 EUR |
| Surcharge on currency exchange when the currency of the card’s main account is not that of the transaction currency8 | 3% |
Total cash deposit limit in ATMs with all customer’s cards is 7,000 EUR per month.9
For other services (current account maintenance, transactions in the account, processing of the customer’s documents etc.) which SEB bank provides to the customer in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for individuals.
A maximum of 200 banknotes can be deposited in an ATM in a single deposit transaction.
1 From December 2017 new cards with a fixed payment refund scheme are not offered.
2 Charged starting from the second month of using the card/additional card.
3 Except increase of the credit limit.
4 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.
5 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.
6 Includes changes in POS, ATM and monthly spending limits.
7 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.
8 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.
9 SEB bank has the right to unilaterally reduce or increase the cash deposit limit upon evaluation of the Customer's business and personal activities.
| Service | Fee |
|---|---|
| Preparing a card/additional card | 35.00 EUR |
| Usage of the card/additional card (per month)1 | 35.00 EUR |
| Replacing a card/additional card | 35.00 EUR |
| Purchase in Latvia and abroad | Free of charge |
| Cash withdrawal at ATMs of: | |
| Free of charge |
| 2%, min 4.00 EUR |
| 2%, min 4.00 EUR |
| Cash withdrawal in another bank | 2%, min 4.00 EUR |
| Cash withdrawal at business operators' outlets | 2%, min 4.00 EUR |
| Cash deposit at SEB bank’s ATM: | |
| Free of charge |
| 0,1% of transaction amount |
| Changes in the credit card agreement (submitted to the Finance centre) | 10.00 EUR |
| Changes in the credit card agreement (submitted in internet bank)2 | Free of charge |
| Reviewing an application of credit limit increase | 10.00 EUR |
| Service | I Interest-free credit limit | II Credit line |
|---|---|---|
| Fee for the used credit limit (per year) | 0% | 18% (1,5% per month) |
| Monthly repayment amount | 100% | 5% |
| Late payment interest (per year) | 36% (3% per month) | 36% (3% per month) |
| Contractual penalty (per year) | 36% (3% per month) | 36% (3% per month) |
Others charges and terms related to Mastercard World Elite
| Service | Fee |
|---|---|
| Fee for sending a card/additional card by mail in the territory of Latvia | 1.00 EUR |
| Fee for sending a card/additional card to abroad | 10.00 EUR |
| Fee for sending card/additional card to a parcel machine in Latvia | 2.30 EUR |
| Reviewing a complaint3, 4 | Free of charge |
| Change of PIN code in SEB bank’s ATMs | Free of charge |
| Fee for unblocking PIN code of a card in SEB bank’s ATMs, if the PIN has been entered incorrectly for 3 consecutive times while using POS terminal | Free of charge |
| Change of card transaction limit within SEB bank's standard limit (branch)5 | 5.00 EUR |
| Change of card transaction limit above the standard maximum limit set by SEB bank5 | 10.00 EUR |
| Consideration of a loan application | Free of charge |
| Checking the account balance through ATMs of: | |
| Free of charge |
| 0.45 EUR |
| 1.00 EUR |
| Fee for urgent card issue6 | 30.00 EUR |
| Surcharge on currency exchange when the currency of the card’s main account is not that of the transaction currency7 | 3% |
Total cash deposit limit in ATMs with all customer’s cards is 7,000 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 the customer in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for individuals.
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
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.
Customer Benefit Programme
| Service | Standard price | Fees for Gold level Customers |
|---|---|---|
| Monthly service fee for the Customer Plan | ||
| Exclusive Plan | 10.00 EUR | 5.00 EUR |
| Credit cards | ||
| Fee for utilised credit limit for credit cards1 in compliance with the credit line pricelist | 18% per year | 14% per year |
| Fee for utilised credit limit for credit cards1 in compliance with the instalment pricelist | 18% per year | 14% per year |
| Mastercard Premium cards: | ||
| 3.60 EUR | 1.80 EUR |
| 5.00 EUR | 5.00 EUR |
| 3.60 EUR | 1.80 EUR |
| Life insurance with savings (in funds) | ||
| Administration costs from contributions to insurance premiums (% from each premium) | Up to 1,3% | Up to 1,2% |
| Administration costs from savings (% per year) | Up to 1,32%, min 1.95 EUR/per month | Up to 1,2%, min 1.95 EUR/per month |
| 3rd pension pillar | ||
| Commission fees from accumulated capital (% annually): | ||
| 0,91% | 0,58% |
| 0,75% | 0,42% |
The customer pays for other services according to the standard SEB bank’s General Price list for individuals.
1 Mastercard Standard, Mastercard Premium, Mastercard World Elite credit card.
2 The fee applies starting with the second month of using the card.
| Service | Standard price | Fees for Gold level Customers |
|---|---|---|
| Monthly service fee for the Customer Plan | ||
| Exclusive Plan | 10.00 EUR | 5.00 EUR |
| Credit cards | ||
| Fee for utilised credit limit for credit cards1 in compliance with the credit line pricelist | 18% per year | 14% per year |
| Fee for utilised credit limit for credit cards1 in compliance with the instalment pricelist | 18% per year | 14% per year |
| Mastercard Premium cards: | ||
| 3.60 EUR | 1.80 EUR |
| 5.00 EUR | 5.00 EUR |
| 3.60 EUR | 1.80 EUR |
| Life insurance with savings (in funds) | ||
| Administration costs from contributions to insurance premiums (% from each premium) | Up to 1,3% | Up to 1,2% |
| Administration costs from savings (% per year) | Up to 1,32%, min 1.95 EUR/per month | Up to 1,2%, min 1.95 EUR/per month |
| 3rd pension pillar | ||
| Commission fees from accumulated capital (% annually): | ||
| 0,91% | 0,58% |
| 0,75% | 0,42% |
The customer pays for other services according to the standard SEB bank’s General Price list for individuals.
1 Mastercard Standard, Mastercard Premium, Mastercard World Elite credit card.
2 The fee applies starting with the second month of using the card.
Loans and Leasing
| Service | Fee |
|---|---|
| Revision of the application | Free of charge |
| Processing of the loan (% of the granted amount)1 | 1%, min 90.00 EUR |
| Repayment of the loan before maturity2 | Free of charge |
| Extending the term of the loan or other changes on the customer's initiative1 | 30.00 EUR |
1 The commission fee must be paid on the day the agreement or amendments are signed.
2 In case of full early repayment of the loan, the customer has the right to a fair reduction of the commission fee paid for issuing the loan. In such case the customer should submit a request to SEB for the recalculation and repayment of the commission fee.
| Service | Fee |
|---|---|
| Using the limit (% p. a. of the used amount) | 26% per year of the actually used limit |
| Using the limit, if the customer had the Customer's plan at the time of signing of the agreement (% p.a. of the used amount) | 21% per year of the actually used limit |
| Using the limit, if the Overdraft had been issued until 01.11.2012 (% p.a. of the used amount) | 24% per year of the actually used limit |
| Changes on the customer's initiative1 | 10.00 EUR |
| Extending the term of the overdraft agreement | 10.00 EUR |
1 The commission fee must be paid on the day the agreement or amendments are signed.
SEB banka offers a free of charge consultation on Study Loan for all students.
| Service1 | Fee |
|---|---|
| Reviewing and evaluation of application | Free of charge |
| Processing of the loan2 | 8.00 EUR |
| Repayment of the loan before maturity | Free of charge |
| Changes to the loan agreement on the customer's initiative2 | 15.00 EUR |
| Receipt of a repayment schedule for the loan principal | 8.00 EUR |
1 The fee for issuing of references (per document) is set in “Processing of Customer's documents“ section.
2 The commission fee must be paid on the day the agreement or amendments are signed.
| Service1 | Fee |
|---|---|
| Repayment of the loan before maturity | Free of charge |
| Preparing additional copies of the agreement and/or schedule | 3.00 EUR |
| Changes to the loan agreement on the customer's initiative2 | 15.00 EUR |
1 The fee for issuing of references (per document) is set in “Processing of Customer's documents“ section.
2 The commission fee must be paid on the day the agreement or amendments are signed.
| Service | Fee |
|---|---|
| Revision of the application | Free of charge |
| Processing of the loan, increasing (% of the granted amount)1 | 0,5%, min 100.00 EUR |
| Repayment of the loan before maturity | Free of charge |
| Other changes on the customer's initiative (% of the loan balance)1 | 0,5%, min 100.00 EUR |
| Change of the monthly loan repayment date in the internet bank | Free of charge |
| Change of the account used for monthly repayment in the internet bank | Free of charge |
| Uninsured collateral maintenance2 | 20.00 EUR per month |
| Additional services3 | |
| Valuation of collateral | By agreement |
| Preparation, processing and approval of bank's consent upon the customer’s request | By agreement, min 70.00 EUR |
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.
3 The fee for issuing of references (per document) is set in “Processing of Customer's documents“ section.
| Service | Fee |
|---|---|
| Revision of the application | Free of charge |
| Processing of the loan, increasing (% of the granted amount)1 | 0,5%, min 100.00 EUR |
| Repayment of the loan before maturity | Free of charge |
| Other changes on the customer's initiative (% of the loan balance) | 0,5%, min 100.00 EUR |
| Change of the monthly loan repayment date in the internet bank | Free of charge |
| Change of the account used for monthly repayment in the internet bank | Free of charge |
| Uninsured collateral maintenance2 | 20.00 EUR per month |
| Additional services3 | |
| Valuation of collateral | By agreement |
| Preparation, processing and approval of bank's consent upon the customer’s request | By agreement, min 70.00 EUR |
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.
3 The fee for issuing of references (per document) is set in “Processing of Customer's documents“ section.
| Service | Fee |
|---|---|
| Lease application review | Free of charge |
| Fee for the preparation of leasing agreement4 | 1,5% of the price of leasing object, min 150.00 EUR (incl. VAT) |
| Additional commission for preparation of leasing agreement in 2 languages (Latvian and English) | 150.00 EUR (incl. VAT) |
| Changes in leasing agreement or payment schedule by clients' initiative | 150.00 EUR (incl. VAT) |
| Issuing of documents (accounting statements, etc.) and document copies from archive by clients' initiative | 34.00 EUR (incl. VAT) |
| Issuing power of attorney for going outside borders of the Latvian Republic for one person | 30.00 EUR (incl. VAT) |
| Fee for sending invoices via post | 3.50 EUR (incl. VAT) |
| Fee for leasing repayment before the term incl. additional invoice issuing for partial repayment (in case of floating interest rate)1 | Free of charge |
| Fee for leasing repayment before the term cancellation | 34.00 EUR (incl. VAT) |
| Fee for preparation, formatting or coordination of documents in case of the refinancing of leasing in another finance institution (agreements, contracts and their changes, requests, applications and others) | Free of charge |
| Fee for renewal of lease agreement by the Customer initiative without changes in the leasing agreement2 | 95.00 EUR (incl. VAT) |
| Commission fee for giving consent to transfer a vehicle to a trading company | 95.00 EUR (incl.VAT) |
| Fee for uninsured Lease object monitoring3 | 12.10 EUR (incl. VAT) |
| Fee for preparing the final invoice for a third party | 50.00 EUR (incl. VAT) |
1 In case leasing agreement is with fixed interest rate, for repayment before term additionally is applied compensation for fixed interest rate termination expenses, but not more than stated in rules “Rules about crediting consumers" by The Cabinet of Ministers".
2 In cases when expropriation process of leased asset is not started.
3 The fee is charged if the Lease object is not insured for more than 30 days.
4 In case you make a full early repayment of the financial leasing, you have the right to a fair reduction of the commission fee paid for the preparation of leasing agreement. In such case, please submit a request to bank for the recalculation and repayment of the commission fee.
Savings and Investments
| Service | Fee |
|---|---|
| Funds transfer from Current Account to Savings deposit, or cash deposit | In accordance of the General Price list section "Payments" or “Cash Transactions" |
| Money transfer from a Savings deposit: | |
| Free of charge |
| 0,5%, min 1.00 EUR |
| Service | Fee |
|---|---|
| Funds transfer from Current Account to Deposit Account, or cash deposit through a customer service point | In accordance of the General Price list section "Payments" or “Cash Transactions” |
| Commission for premature termination of the Term deposit agreement1 | 0% of the amount |
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.
3rd pension pillar plan service fees
| Service | Fee |
|---|---|
| Entering into the Agreement | Free of charge |
| Changing a pension plan | Free of charge |
| Change in the amount or period of contributions | Free of charge |
| Receipt of savings | Free of charge |
Price list for customers, who make individual payments to the 3rd pension pillar plan
3rd pension pillar agreement fees from assets of the SEB-Stable pension plan 60+ and SEB-Balanced pension Plan 55–59 per annum*
| Client group | To the Asset Holder** | To the Asset Manager** | To the Pension Fund ** | Total (per annum) |
|---|---|---|---|---|
| SEB Standard customer | 0.05% | 0.4% | 0.45% | 0.90% |
| SEB Gold level customer, Customer of the European Commission | 0.05% | 0.4% | 0.12% | 0.57% |
| Customer with 3rd pension pillar savings of 100 000 EUR or more, Solidarity tax contribution customers***, SEB Private Banking customer | 0.05% | 0.35% | 0.12% | 0.52% |
3rd pension pillar agreement fees from assets of the SEB-Climate index pension plan 18–54 per annum*
| Client group | To the Asset Holder** | To the Asset Manager** | To the Pension Fund ** | Total (per annum) |
|---|---|---|---|---|
| SEB Standard customer | 0.05% | 0.25% | 0.45% | 0.75% |
| SEB Gold level customer, Customer of the European Commission, Customer with 3rd pension pillar savings of 100 000 EUR or more, Solidarity tax contribution customers***, SEB Private Banking customer | 0.05% | 0.25% | 0.12% | 0.42% |
* If the customer complies with several groups, the lowest contract fee is applied. If the client makes both individual contributions and the contributions for the benefit of the client are made by the employer, one contract fee is applied – the lowest.
** To the Asset Holder: AS “SEB banka” carries out transactions and accounting of contributions to the client's pension plan account, ensures that the Asset manager complies with investment strategies and performs safe investments.
To the Asset Manager: IPAS “SEB Investment Management” provides investments of contributions according to the pension plan to increase savings in the long term.
To the Pension Fund: AS "SEB atklātais pensiju fonds" provides accounting of the deposited funds to the pension plan participant’s individual savings account. Provides customers with regular information on savings and customer service. Executes operations with savings at the customer's request. Provides information to state supervisory authorities.
***According to Solidarity Tax Law (in force from 01.01.2018. to 02.01.2019.) Section 9, Paragraph 3, Clause 1, it is stipulated that a portion of the solidarity tax is transferred to a private pension fund.
Price list for customers, whose contributions to the 3rd pension pillar plan are made by the employer
3rd pension pillar plan agreement fees from assets of the SEB-Stable pension plan 60+ and SEB-Balanced pension Plan 55–59 per annum*
| Client group | To the Asset Holder*** | To the Asset Manager*** | To the Pension Fund*** | Total (per annum) |
|---|---|---|---|---|
| On the basis of the Individual participation agreement | 0.05% | 0.4% | 0.45% | 0.90% |
| On the basis of the Collective participation agreement** | 0.05% | 0.4% | 0.12% | 0.57% |
| If the contributor is a large corporate client of SEB**, If the contributor is a legal entity with a total amount of contributions to the pension fund of 100 000 EUR and more** | 0.05% | 0.35% | 0.12% | 0.52% |
3rd pension pillar plan agreement fees from assets of the SEB-Climate index pension plan 18–54 per annum*
| Client group | To the Asset Holder*** | To the Asset Manager*** | To the Pension Fund*** | Total (per annum) |
|---|---|---|---|---|
| On the basis of the Individual participation agreement | 0.05% | 0.25% | 0.45% | 0.75% |
| On the basis of the Collective participation agreement**, If the contributor is a large corporate client of SEB**, If the contributor is a legal entity with a total amount of contributions to the pension fund of 100 000 EUR and more** | 0.05% | 0.25% | 0.12% | 0.42% |
* If the customer complies with several groups, the lowest contract fee is applied. If the client makes both individual contributions and the contributions for the benefit of the client are made by the employer, one contract fee is applied – the lowest.
** After the employment relationship has ended collective agreement participants, whose employer made contributions in the 3rd pension pillar on behalf of the employee, will receive the Customer benefits programme’s Gold level customer commission fee.
*** To the Asset Holder: AS “SEB banka” carries out transactions and accounting of contributions to the client's pension plan account, ensures that the Asset manager complies with investment strategies and performs safe investments.
To the Asset Manager: IPAS “SEB Investment Management” provides investments of contributions according to the pension plan to increase savings in the long term.
To the Pension Fund: AS "SEB atklātais pensiju fonds" provides accounting of the deposited funds to the pension plan participant’s individual savings account. Provides customers with regular information on savings and customer service. Executes operations with savings at the customer's request. Provides information to state supervisory authorities.
|
Consultation on the conclusion of the agreement, review of the application |
Free of charge |
|
Purchase or sales of investment units |
Free of charge |
|
Changes in allocation of further contributions or existing savings |
Free of charge |
|
Change of life insurance sum insured |
Free of charge |
Limitations
|
Minimum life insurance sum insured |
150.00 EUR |
|
Minimum accident additional insurance sum insured |
1500.00 EUR |
|
Minimum surrender value |
0.00 EUR |
Terms of executing calculations, amendments and termination
|
Purchase of investment units |
Within 5 working days after receipt of the insurance premium1 |
|
Calculation of the accumulation in case of death of Insured |
Within 5 working days after the application submission date1 |
|
Payout of the accumulation in case of death of Insured |
Within 30 days after the application submission date1 |
|
Calculation of the accumulation in case of termination of the insurance agreement |
The surrender value is calculated in accordance with the agreement within 5 working days after the application submission date1 |
|
Calculation of accumulation in case of maturity of the insurance agreement |
Within 5 working days after the agreement end date1 |
|
Changes in allocation of further contributions |
Within 5 working days after the application submission date |
|
Changes in allocation of existing savings: |
|
|
Within 5 working days after the application submission date1 |
|
Within 5 working days after execution of the sale transaction1 |
|
Change of the Life insurance sum insured (changes take effect starting with the next payment period indicated in the policy) |
Within 10 working days after the receipt of all required documents |
Currency exchange rate
|
Currency exchange rate, if currency exchange is required |
Currency at the exchange rates of the European Central Bank on the day of the calculations |
Guaranteed yield of savings
| EUR | USD | |
|---|---|---|
| Guaranteed savings | 0% | 0% |
Effective as of 15.07.2021
1 Except when a Management Company provides the performance of transactions according to a different schedule (for example, Funds may be closed for transactions and the value of their units is not calculated if there is a bank holiday in the country in which the fund is registered or/and managed).
The service is offered and provided by SEB Life and Pension Baltic SE, registration number: 40003012938.
Pricing of investment products depends largely on the fund you are planning to invest in. However, you should consider with the following fees and charges:
- Securities account opening, which is free of charge in Internet Bank
- Investment account opening (recommended, not must) which is free of charge
- Safekeeping fee / Monthly administration fee
- Fund ongoing charge
| Service | Fee in internet bank/ at the customer service points |
|---|---|
| Monthly administration fee for SEB Luxembourg U, F class and SEB Swedish E class mutual funds1, 2, 3 | |
| Monthly administration commission fee includes subscription, regular subscription, redemption, switch and storage of mutual fund units: | |
| 0.035% |
| 0.035% |
| 0.010% |
| Commission for transactions with other class SEB mutual funds3 | |
| Regular subscription of mutual fund units4 | Free of charge |
| Redemption of SEB mutual fund unit | Free of charge |
| Switch | Free of charge |
| Monthly fee for storage of SEB mutual fund units, distributed by SEB bank5: | |
| 0.035% |
| 0.035% |
| 0.010% |
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).
| Service | Fee |
|---|---|
| Opening of a securities account1 | |
| Opening of an intrabank securities account | Free of charge |
| Securities account opening in Central Securities depository | 5.00 EUR |
| Transactions with securities listed in Latvia | |
| Securities transfer from Initial Register (Deregistration of securities) | 4.50 EUR |
| Securities transfer back to Initial Register | 4.50 EUR |
| Free of payment (FOP) financial instrument delivery | 7.00 EUR |
| Free of payment (FOP) financial instrument delivery within SEB bank | 2.00 EUR |
| Receive/delivery versus payment (DVP) | 7.00 EUR |
| Receive/delivery versus payment (DVP) in non EUR currency | 50.00 EUR |
| Receipt of securities | Free of charge |
| Transfer of securities to shareholders' register of insolvent companies | 4.50 EUR |
| Revocation of a securities transaction | By agreement |
| Transactions with foreign securities | |
| Free of payment (FOP) receipt/delivery and receive/delivery versus payment (DVP) for securities registered in Estonia and Lithuania | 7.00 EUR |
| Free of payment (FOP) receipt/delivery and receive/delivery versus payment (DVP) of other securities | 21.00 EUR |
| Free of payment (FOP) delivery within SEB bank | 2.00 EUR |
| Revocation of a securities transaction | By agreement |
| Processing of securities-related optional events | 35.00 EUR |
| Securities holder's meetings | |
| Blocking of securities for a securities holder’s meeting | 2.00 EUR |
| Representation of a client at the securities holder’s meeting | By agreement, min 215.00 EUR |
| Securities account custody fee2 | |
| Monthly fee for Baltic securities (stored in Central Securities depository (Nasdaq CSD SE)) | Free of charge |
| Monthly fee for shares3, exchange traded funds (ETFs) and other investment funds (except SEB mutual funds) | 0,0150% |
| Monthly fee for debt securities4 | 0,0100% |
| Monthly fee for securities stored in other foreign depositories | By agreement |
| Monthly minimum fee per securities account | 1.00 EUR |
| ETF portfolio management (using Roboinvestor in the SEB mobile app)5 | |
| Portfolio management fee | 0,80% per year (VAT included) |
| Micro-investments service (using SEB Internet bank) | |
| Purchase, regular purchase and sale of securities | 0,80% |
| Monthly fee for storage of securities5 | 0,0150% |
| Preparing account statements | |
| Balance report for securities account | In Internet bank - Free of charge At the Bank in person - 4.00 EUR |
| Operation report for securities account | In Internet bank - Free of charge At the Bank in person - 4.00 EUR |
Brokerage fees in the stock exchanges of the following countries 6, 7
| Service | Order has been submitted to the Internet bank | Order has been submitted at the Bank in person / to SEB brokers |
|---|---|---|
| Baltic shares | 0,10%, min 1.00 EUR | 0,50%, min 5.00 EUR |
| Scandinavian and German shares | 0,25%, min 10.00 EUR | 0,50%, min 35.00 EUR |
| Austrian, Italian, French, Belgian, Dutch, Swiss, British, Spanish and Portuguese shares | 0,25%, min 15.00 EUR | 0,50%, min 35.00 EUR |
| USA shares | 0,25%, min 10.00 EUR, fee cannot be less than 0.015 USD per share | 0,50%, min 35.00 EUR, fee cannot be less than 0.03 USD per share |
| Canadian shares | 0,25%, min 15.00 EUR, fee cannot be less than 0.02 CAD per share | 0,50%, min 35.00 EUR, fee cannot be less than 0.04 CAD per share |
| Baltic debt securities (minimum amount - 1 000.00 EUR)8 | 0,2% of the amount, min 20.00 EUR | 0,2% of the amount, min 20.00 EUR |
| Eurobonds and bonds traded over-the-counter (OTC) (minimum amount - 25 000.00 EUR) | 0,2% of the amount, min 50.00 EUR | 0,2% of the amount, min 50.00 EUR |
| Other securities | By agreement | By agreement |
| Penalty for delayed settlements | 0,3% per each day from the full amount of transaction | 0,3% per each day from the full amount of transaction |
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 When opening a securities account at a bank for a minor or the heir of a bank client, the internet bank securities account opening fee will be applied depending on the selected type of securities account.
2 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).
3 Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, UK, USA, including Depositary Receipts (ADR, GDR).
4 Stored in Euroclear/Clearstream system or in the USA.
5 The commission fee is calculated from the market value of the securities included in the portfolio or security account at the end of each day and is deducted from the current account attached to the portfolio or service once a month for the previous month.
6 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.
7 To apply a transaction to SEB bank’s brokers, the “Agreement on execution of financial instrument transactions” must be concluded.
8 Except for Eurobonds, which ISIN starts with XS.
Bank's annual interest rates for storing funds in Full-age deposit (opening of new Full-age deposits is not available)
Minimum balance to receive interest 70 EUR
| Criteria | Annual interest rate |
|---|---|
| Base rate | 0,40% |
| Additional rate: | 0,1%, if the deposit term exceeds 5 years 0,2%, if the deposit term exceeds 10 years 0,3%, if the deposit term exceeds 15 years |
| Real profit | from 0,40% to 0,75% |
Effective as of 26.03.2013
| Service | Fee |
|---|---|
| Funds transfer from Current Account to Deposit Account | In accordance of the General Price list section "Payments" |
| Money transfer from a Full-age deposit: | |
|
Free of charge |
|
0,5%, min 1.00 EUR |
| Service | Price |
|---|---|
| Opening, monthly maintenance fee, closing | Free of charge |
Other services
| Service | Fee |
|---|---|
| Cash deposit in EUR (for each transaction) | |
| To Current account at SEB bank | 0,5%, min 10.00 EUR |
| Cash deposit in coins, over 50 pcs. | 20%, min 10.00 EUR |
| Cash withdrawal in EUR (for each transaction) | |
| Up to 7,500 EUR | 1%, min 10.00 EUR |
| Above 7,500 EUR with a prior notification1 | 1,5% |
| Prior notification for cash withdrawal2 | 15.00 EUR |
| Above 7,500 EUR without a prior notification3 | 2% |
| Withdrawal in coins, over 50 pcs. | 20%, min 20.00 EUR |
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.
| Service | Fee |
|---|---|
| Documents on account transactions | |
| Preparation of an account statement: | |
|
Free of charge |
|
0.40 EUR for 1 page, min 8.00 EUR |
| Sending account statement by e-mail | 3.00 EUR |
| Sending account statement by post: | |
|
0.40 EUR for 1 page, min 4.00 EUR |
|
0.40 EUR for 1 page, min 10.00 EUR |
| SWIFT copy of a cross-border | 4.50 EUR |
| Service | Fee | |
|---|---|---|
| Issuing of references (per document) | ||
| Standard references upon the customer’s request1 | 10.00 EUR (plus VAT 2.10 EUR) | |
| Non-standard references upon the customer’s request2 | By agreement, min 20.00 EUR (plus VAT 4.20 EUR) | |
| Printing / confirmation of executed payment orders | 5.00 EUR for each issue and / or confirmation of a payment order3 | |
| Document processing | ||
| Copies of documents (per sheet) upon the customer’s request | 0.30 EUR (plus VAT 0.06 EUR) | |
| Postal service for documents in Latvia and abroad | 5.00 EUR (plus VAT 1.05 EUR) | |
| Mailing of Code calculator upon the customer’s request within Latvia | 15.00 EUR (plus VAT 3.15 EUR) | |
| Courier delivery of documents/ code calculator/ payment cards abroad upon the customer’s request4 | By agreement, min 30.00 EUR (plus VAT 6.30) | |
| Issue of a certified copy of a document | By agreement, min 30.00 EUR (plus VAT 6.30) | |
| Search of documents in the archive and their copying upon the customer's request (per item) | By agreement, min 7.00 EUR (plus VAT 1.47 EUR) | |
| Execution of orders of the SRS and bailiffs | ||
| Processing orders of the SRS (State Revenue Service) - for each SRS order / individual tax debt type | 10.00 EUR | |
| Processing of bailiffs' orders | 10.00 EUR | |
| Execution of SRS orders | 0.25 EUR | |
| Execution of bailiffs' orders | 0.25 EUR | |
| Processing of a request for withdrawal or transfer of funds from a blocked account | 10.00 EUR | |
| Servicing with powers of attorney | ||
| Servicing with a power of attorney issued in Latvia (including in digital format if signed with a qualified electronic signature) | 15.00 EUR (plus VAT 3.15 EUR) – fee for receipt (verification) of the power of attorney for the first time; 7.00 EUR (plus VAT 1.47 EUR) – for each subsequent service time |
|
| Servicing with a power of attorney issued abroad | 50.00 EUR (plus VAT 10.50 EUR) – fee for receipt (verification) of the power of attorney for the first time; 15.00 EUR (plus VAT 3.15 EUR) – for each subsequent service time |
|
| Inheritance document handling | ||
| Handling documents issued in Latvia (including in digital format if signed with a qualified electronic signature) | By agreement, min 20.00 EUR (plus VAT 4.20 EUR) | |
| Handling documents issued abroad | By agreement, min 20.00 EUR (plus VAT 4.20 EUR) | |
1 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.
2 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.
3 The commission fee is not applied to copies of payment order to Treasury or SEB group companies.
4 Charged in cases when the card is located in a customer service point, and the manner of receipt is changed.
