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Parex Group / Fees / Opening of Accounts

Opening of Accounts

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Current Account
Opening of Current Account (for private customers) 50 USD
Opening of Current Account (for corporate customers) 100 USD
Authentication of signature and stamp samples on the bank card (for corporate customers) free of charge 
Change of signature and seal samples card (for corporate customers) 5 LVL
Maintenance of Current Account (for private customers) free of charge
Maintenance of Current Account that is inactive if the Client didn’t initiate any transactions during 1 year and there are no active contracts that bind the Client with the Bank (for individuals) free of charge
Maintenance of Current Account (for corporate customers) if average monthly account balance is less than 100'000 LVL free of charge
Maintenance of Current Account (for corporate customers) if average monthly account balance is equal to or exceeds 100'000 LVL free of charge
Maintenance of Current Account that is inactive during 6 months if the common position of the Client does not exceed 1 000 LVL and there no active contracts that bind the Client with the Bank 2 LVL per month
Maintenance of Current Account that is inactive during 12 months if the common position of the Client does not exceed 1 000 LVL and there no active contracts that bind the Client with the Bank 10 LVL per month
Advice on Account Management free of charge
Closure of Account (if initiator of closure of Account is the Client)1 free of charge
Effective from 02.08.2009.

Escrow Account
Opening of Escrow Account free of charge
Servicing of Escrow Account free of charge
Execution and maintenance of standard agreement of escrow account 0.4% of deal amount (min 30 LVL, max 150 LVL)
Execution of non-standard agreement of escrow account individually, information in the Bank
Changes of conditions in Escrow Agreement (per case) 20 LVL
Information to clients on Escrow Account credit, escrow conditions fulfilment confirmation free of charge
Closure of Account free of charge
Opening of Current Account in Parex Banka for escrow parties free of charge
Effective from 02.08.2009.

 


1 Commission is applied for accounts, to which payment cards are not attached.