Current accounts

Service	Fee
1. The commission fee for the review of the documents to open/restore a current account	350 EUR¹
2. Account opening / re-opening	free of charge
3. Account opening / re-opening for an existing customer	200 EUR
4. Additional commission for opening/reopening of Settlement Account is charged in case of drawing up of documents necessary for opening/reopening of the account: - to the representative of "PNB Banka" in Moscow - to the representative of "PNB Banka" in London - to the representative of "PNB Banka" in Kyiv - in case a Bank’s employee goes to the customer	300 EUR
5. An additional fee for urgent statement account opening / re-opening (during five working days after all necessary documents and information in appropriate form according to Bank's requirements are received in the Bank)	500 EUR
6. Commission fee for consideration of the documents required for servicing the account and introduction of the respective changes in the information declared in the Bank in regard to change of:
- true beneficiary of legal entity non-resident of the Republic of Latvia	500 EUR including VAT
- other legal information (for example, change of attorney, company name, legal address, etc.)	150 EUR including VAT
7. Verification of businessperson's information required for servicing the account, in a publicly accessible source of the respective country	150 EUR including VAT
8. Reissuance of sample signature cards	50 EUR
9. Issue/change of an identification card	5 EUR
10. Contractual penalty for the loss of an identification card	15 EUR
11. Account maintenance	50 EUR monthly
12. Additional fees for account maintenance of the customer²	500 EUR per month
12.1 Additional fee for servicing an account of the Customer which true beneficiary is a politically exposed person	500 EUR per month
13. The minimum balance⁴ on the customer's^{2, 9} accounts	100 000 EUR
14. Additional fees for maintenance of the current account, if minimum balance requirements are not fulfilled	EUR 0.5% monthly on the insufficient minimum balance requirements for each day (max.500 EUR)
15. Maintenance of an inactive account ⁵	200 EUR
16. Execution of a power of attorney	20 EUR
17. Verification of a notarised power of attorney issued in Latvia	20 EUR
18. Issue of a cheque book (25 cheques)	10 EUR
- one-time cheque cashing	3 EUR
19. Cash crediting the client´s account	according to current charges
20. Non-cash crediting the client´s account	free of charge
21. Placement of payment order in the name of a client for external currency payments (excl. payments on own accounts in PNB Banka)	according to current charges
22. Issue of bank statement:
- drafted in InternetBanka	free of charge
- for any period of current year	30 EUR
- additional fee for any period of current year, if the statement is more than 20 sheets of A4 format	100 EUR
- for any previous period, except for the current year	50 EUR for each calendar year
- additional fee for any previous period, except for the current year, if the statement is more than 20 sheets of A4 format	100 EUR for each calendar year
23. Search for documents in the archive and issue of copies thereof	50 EUR including VAT
24. Issue of standardized references (per document) - about the current account, payment card account, savings account or deposit account existence, account balance, closure of account (in Latvian, Russian or English)	30 EUR including VAT
25. Issue of non-standardized references	100 EUR including VAT per sheet
26. Additional fee for Notary certification of a reference	100 EUR including VAT
27. Additional fee for certification of a reference authenticity (legalization)	200 EUR including VAT
28. Additional fee for urgent reference (2 hours) (is not applied in case if the authenticity of the reference is to be certified by notary or reference has to be legalized)	50 EUR including VAT
29. Copy of SWIFT message marked by the Bank	20 EUR
30. Sending copies of client documents (SWIFT messages, statements, account statements, etc.) electronically	5 EUR including VAT per sheet
31. Sending documents to the client	60 EUR including VAT
32. Information upon auditor’s request	150 EUR including VAT
33. Closure of an account⁶	100 EUR
33.1 Closing account of the Customer at the Bank’s initiative	1000 EUR
34. Keeping of cash assets on a customer’s settlement account if the customer does not have a valid Certificate of Good Standing and there is no information on the company’s current state in state public registers⁷	500 EUR monthly
35. Should cooperation with a customer be terminated based on the bank's decision, the commission fee for keeping the customer's funds with the bank⁸	10 000 EUR monthly
36. The penalty for the failure to comply with the terms to provide the requested documents and information as set by the Bank	500 EUR
37. The commission fee for the additional enhanced monitoring and analysis of the business activity of the client in compliance with the regulatory acts of the Republic of Latvia and the Bank within the framework of servicing the client	500 EUR
38. Fee applied for review of the documents submitted by the Customer to verify compliance thereof with the requirements raised in the laws and regulations of the Republic of Latvia and the Bank	50 EUR including VAT for each document
39. Commission fee for verification of validity of the client legal representative's power of attorney after termination of cooperation with the Client	100 EUR
40. Commission fee for review of unjustified client's application/claim related to the bank's services	500 EUR including VAT
41. Invitation of Bank's Clients to Latvia (visa support)	300 EUR including VAT

¹ If the Bank refuses to open a current account, the commission fee is not returned.

² If the customer has one of the following characteristics:

has no affiliation of a legal person to an actual economic activity and the operation of a legal person forms a minor economic value or no economic value at all or
laws and regulations of the country where the legal person is registered do not provide for an obligation to prepare and submit financial statements for its activities to the supervisory institutions of the relevant state, including the annual financial statements or
the legal person has no place (premises) for the performance of economic activity in the country where the relevant legal person is registered.

³ If customer has several current accounts, then commission is charged for one account.

⁴ Minimum balance requirements mean total consolidated balance amount which should be maintained on the Customer’s bank accounts as of eight calendar day from the date of Account opening (consolidated balance amount of all Customer’s accounts except for balances on FI and marginal accounts).

⁵ An inactive account – an account showing no transactions for more than 6 months (excluding Bank's commissions) and the Client has no other effective agreements with the Bank.

⁶ Should a current account be closed, a commission fee for account maintenance will be applied for the current month (incl. for incomplete month)

⁷ Applies only to customers registered in open state registers.

⁸ In accordance with the General Provisions for Transactions of PNB Banka (Clause 3.11.)

⁹ For Clients opened from June 1, 2018

+371 67041100 (I-V 9:00-13:00)

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