Investing in securities
Trading in debt securities:
Purchase of bonds during initial placement 0.1% of the price, min. €50
Purchase/sale of bonds in the secondary marketUp to 2% of the price, min. €50
Sale of index linked bond in secondary market (1)0.2%
Trading in stocks and ETF securities:
Purchasing and selling foreign stocks/ETF in internet bank or by phone0.5% of the amount (min. €50 / min. USD 65)
Purchasing and selling equities at stock exchanges of the Baltic states (2)0.4% of the amount, min. €5.70
Purchasing and elling of equities at Eurozone stock exchanges (except the Baltic states)0.5% of the amount (min. €50 / min. USD 65)
Trading in mutual funds: (3)
Investing in mutual funds via Luminor internet bank1% of the transaction amount (min. €15 / USD 20)
Investing in Nordea mutual funds via Luminor internet bank1% of the transaction amount (min. €1 / USD 1.30)

(1) Sell order may be subject to the third-party commissions, which will be included in the price of securities.
(2) The fee is charged for executed or partially executed transaction only. It is debited in transaction trade currency or its equivalent in another currency pursuant to the currency exchange rate imposed by the Bank as of the settlement date. Some stock exchanges may charge additional duties or levies.
(3) Luminor Bank AS Latvian Branch receives inducements (commission) from investments fund managers for the distribution of investment fund units to the clients. The rates of commission received differ by investment fund. For further information on the inducements received and paid by Luminor Bank AS please refer to the document „Inducement Policy for the Provision of Investment and Ancillary Services“ available on the website of the Bank.

Ex-ante Information on Costs and Charges of Investment Products.

More information about Investment services can be found here.

Securities account
Financial instruments account opening and closingFree

More information about Investment services can be found here.

Securities account monthly maintenance fee
Custody fee (monthly payment):
- Index-linked bonds Free
- other financial instruments 0.015% (min. €1)

Custody fee is calculated and debited from current account by the 15th calendar day of the following month.
Custody fee is calculated based on the portfolio value on the last business day of the month. Portfolio value is calculated based on nominal value for bonds and non-listed securities, market value for equities and exchange traded funds, net asset value (NAV) of the investment fund units. Where the market value of the securities is not available, most recent available price shall be used for portfolio value calculation. Where such market value is not available either, the portfolio value of the securities shall be calculated based on the nominal value of the securities.
Safekeeping fee is calculated in Euro, for securities issued in foreign currencies  fee is calculated in accordance with the official exchange rate announced by the European Central Bank.

More information about Investment services can be found here.

Other securities transactions
Free-of-payment transfers (FOP):
- Within the Bank (paid by the sender) €10
- Transferring financial instruments registered in the Baltic states from Luminor to a credit institution in Baltic states€15
- Transferring financial instruments registered in the Baltic states to Luminor from a credit institution in Baltic states€1.50
- Transfer of financial instruments registered in foreign countries (except the Baltic States) from Luminor to another credit institutionTransfers of securities registered in Scandinavian countries (Norway, Sweden, Finland, Iceland): €40; Transfers of securities registered in other EU countries (not Scandinavian countries), Switzerland, USA, Canada and Japan: €50; Securities other than those mentioned above: €160
- Transfer of financial instruments registered in foreign countries (except the Baltic States) to Luminor from another credit institution€40
Delivery-versus-payment transfers (DVP):
- Within the Bank €10
- If the transaction involves the transfer of financial instruments from/to other bankTransfers of securities registered in Scandinavian countries (Norway, Sweden, Finland, Iceland): €40; Transfers of securities registered in other EU countries (not Scandinavian countries), Switzerland, USA, Canada and Japan: €50; Securities other than those mentioned above: €160
- If the transaction involves the transfer of financial instruments registered in the Baltics from/to another bank€15

More information about Investment services can be found here.

Reports
Financial instruments account statement and related documents:
- via the Internet bank Free
- at a Customer Service CenterFree
- by mail €10
Investigation of financial instruments transactions and related eventsBank's costs + 10% (1)

Note: For the purpose of this pricelist terms "financial instruments" and "securities" should be treated as interchangeable. Reference to "securities" shall mean the same as reference to "financial instruments".

(1) 10% is calculated from the Corporate Action reclaim amount, which we will receive after investigation.

Other securities related services
Deregistration of financial instruments €8
Blocking of financial instruments, incl. the shareholders' meeting €10
Issuing documents which allow customer to participate in AGM/EGM€20 + external costs
Instructing custodian banks about voluntary corporate actions based on customer instruction€20 + external costs
Other services related to corporate actions As individually agreed
W-8BEN form processing and certification for US market access in Luminor Investor platform35 USD or €30
Interest for negative cash account balance in Luminor Investor platform8% per annum (1)
Subscription for real time data in Luminor InvestorPrices available in the platform

Note: For the purpose of this pricelist terms "financial instruments" and "securities" should be treated as interchangeable. Reference to "securities" shall mean the same as reference to "financial instruments".
(1) Interest on the negative Luminor Investor cash account balance is calculated at the rate of the current interbank ask rate, plus fixed additional interest rate of 8%. Interest is deducted at the beginning of the month for the days of the previous month when account had a negative cash balance.