Service fees -
Bank accounts

¹ The commission fee is debited from the Client's Account (applicable to each Account held by the Client) regardless of the performed / not performed transactions on the last day of each month. If there are insufficient funds to debit the Commission Fee, the Bank shall debit this Commission Fee (or a part thereof) at any time later, when funds appear in any Client’s Account. The commission does not apply to securities transactions / savings / savings / deposit accounts.

² Non-residents, PSPs, resident legal entities which founder (shareholder) is a non-resident holding 25% or more of the assets / shares / voting rights or the beneficiary is a non-resident natural person, and legal entities which activities are classified as high-risk activities shall be subject to an individual rate, the amount of which shall be offered to the Customer prior the conclusion of the Account Agreement or in the course of the business relationship by informing the Customer individually before 30 calendar days. The Bank shall also have the right to require a deposit from the Customer for the entire duration of the Bank Account Agreement.

High-risk activities:

• activities involving ferrous, non-ferrous or precious (rare) metals, precious stones, jewellery, pieces of art;
• trade in motor vehicles (except trade in agricultural machinery);
• trade in petroleum products;
• organisation and conduct of lotteries, gambling;
• charitable activity;
• exchange of currency;
• insurance or reinsurance

³ The Comission fee shall apply to: (I) a natural person - for verification of the Customer's representation document at the register and / or the assignment of representative to the Customer's account (s) management so that the representative could be provided with the information, documents, conclude transactions and other permissible activities.

⁴ The commission applies to: a non-resident legal entity and a resident legal entity whose founder (shareholder) is a non-resident holding 25% or more of the assets / shares / voting rights, or to the beneficiary who is a non-resident natural person. This fee applies both at the beginning of the business relationship and during the course of the business relationship (e.g., in the event of a change of manager / beneficiary / shareholder, etc.). Data verification is performed only after payment of the Commission fee. In case the Bank decides not to open an account due to preventive reasons or the Customer due to personal reasons, the Commission fee paid by the Customer shall not be refunded.

⁵ The fee is calculated at the end of each calendar day if the amount of all balances in the Customer’s bank accounts exceeds the limit specified in the table. The fee for the previous calendar month shall be debited by the 10th day of the next calendar month in accordance with the procedure provided for in the Payment Service Rules of Šiaulių Bankas. The annual deposit facility rate of the European Central Bank is published on here .If the annual deposit facility rate of the European Central Bank is positive, it will be deemed to be zero

⁶ Financial institutions are enterprises (including branches, representative offices, etc.) that provide financial, investment, insurance services, including but not limited to banks, credit unions and other credit institutions, payment institutions, electronic money institutions, insurance companies and insurance brokers, brokerage firms, investment companies, collective investment undertakings, pension funds