Financial Instruments and currency exchange transactions (for private individuals)

For private individuals

Brokerage Services

Currency Exchange transactions and transactions with Gold  
Cash/non-cash currency exchange transactions and transactions with Gold up to 4 000 EUR Citadele Bank's official currency rate
Cash/Non-cash currency exchange transactions and transactions with Gold over 4 000 EUR Individually, information in Citadele Bank
Foreign Exchange margin trading Individually, information in Citadele Bank
Financial Instruments2  
Debt securities transactions3: 0.1 % (min. 50 EUR)4
Stock transactions (incl. ETF, ADR, GDR)5 :  
At  Riga, Vilnius and Tallinn stock exchanges 0.3 5% (min. 10 EUR)
At European, Scandinavian, Russian stock exchanges6 0.4% (min.50 EUR)4 
Transaction  at USA and Canadian stock exchanges,
if  the share price is less than 15 USD, CAD
0.04 USD, CAD
per stock (min. 40  USD, CAD)7
Transaction  at  USA and Canadian stock exchanges
if    the share price is over 15 USD, CAD
0.3% (min. 40 USD, CAD)7
Transaction with options of the USA stock exchanges 2.50 USD  for contract (min. 25 USD)
Transactions with funds,8,9   
Purchase of shares of :  
Bond funds 0.5 % (min. EUR 5.50 / 20 EUR)
Balanced funds and fund of funds 0.75 % (min. EUR 5.50 / 20 EUR)
Stock funds and alternative investment funds (incl. hedge) 1.5 % (min. 5.50 EUR / 20 EUR)
Sale of fund shares 20 EUR / 5.50  EUR
Financing against Financial instruments pledge – products:  
Transaction up to EUR 50 000, or the equivalent in another currency 300 EUR
Transaction EUR 50 000 and over EUR 50 000, or the equivalent in another currency Free of charge
Amendments to the terms of Repo transaction Individually, information in Citadele Bank
Brokerage services not included in tariffs Individually, information in Citadele Bank

Valid from 1st of November, 2019.
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1Transaction commission fee or Citadele Bank’s mark-up is included in price of the transaction. Information in Citadele Bank.
 2In particular stock exchanges/countries a duty on trade of financial instruments can be levied in correspondence with the legislation of this country (for example –Stamp Duty in Great Britain. More detailed information in Citadele Bank).
3 By executing an over-the-counter (OTC) securities transaction at more favorable price for the client rather price specified in the limit order, the bank compensates the client 50% of the mark-up , which is formed from the difference between the price specified in the limit order and the actual execution price.
4If transaction is not performed in EUR currency, commission fee is calculated in the currency of the transaction. Minimum  fee (set in EUR) equivalent in currency of respective transaction, is calculated according to Citadele Bank’s currency rate at the moment of transaction.
5If customer’s order for transactions with financial instruments is executed partially, commission fee usually is charged once within one transaction day.
6Additional comission fee for settlement transactions is applied according to the Pricelist.
7Commision fee in currency of transaction.
8To the investment funds managed by IPAS “CBL Asset Management” (including Latvian Central Depository transaction fee ) is applied fee - EUR 5.50, to other funds – EUR 20.