Dear customer,
 
We would like to inform you of the entry into force of Luminor’s new Price List from 1 February 2019, which will mean some changes in the current prices.
Changes will also apply to the terms of E-invoice Standing Order Agreement and Standing Payment Order Agreement.
 
Below, you will find the list of the forthcoming changes. Please click on the heading to read more.

Daily banking packages

  • Daily banking package: price until 01.02.2019 1,80 €, price from 01.02.2019 2,20 €

Bank cards

  • MC Debit card monthly fee: price until 01.02.2019 1,20 €, price from 01.02.2019 1,50 €
  • MC Platinum card annual fee: price until 01.02.2019 135 €, price from 01.02.2019 150 € 
  • MC Finnair Plus monthly fee: price until 01.02.2019 4 €, price from 01.02.2019 3 €
  • MC Debit card replacement fee: price until 01.02.2019 0 €, price from 01.02.2019 4 € 
  • MasterCard credit card replacement fee: price until 01.02.2019 0 €, price from 01.02.2019 4 € 

Cash

  • Cash depositing to another customer's current account or Savings Deposit in branch: price until 01.02.2019 0.25% of the amount (min 5 €), price from 01.02.2019 0.4% of the amount (min 5 €)
  • Cash withdrawal in branch: price until 01.02.2019 0.25% of the amount (min 5 €), price from 01.02.2019 0.4% of the amount (min 5 €)

Other fees

  • Issuing a confirmation or a certificate: price until 01.02.2019 4 €, price from 01.02.2019 5 €

Investments

  • Redemption of funds that are not managed by Nordea Investment Funds S.A. nor Nordea Funds Ltd: currently not on the Price List, price from 01.02.2019 1% (min 25 €)
  • Monthly safekeeping fee of funds that are not managed by Nordea Investment Funds S.A. nor Nordea Funds Ltd: currently not on the Price List, price from 01.02.2019 0.15% of the total value of securities

Pension: II pillar pension funds

  • New item added: Application to redeem inherited pension fund units and to transfer inherited pension fund units into the pension account of the inheritor, fee 22 €
  • Application for a lump sum payment from a pension fund: price until 01.02.2019 3 €, price from 01.02.2019 4 €
  • Application for a fund pension: price until 01.02.2019 5 €, price from 01.02.2019 6 €
  • Application to change a fund pension: price until 01.02.2019 5 €, price from 01.02.2019 4 €

Pension: III pillar pension funds

  • Exchange of units: until 01.02.2019 free of charge, price from 01.02.2019 3.20 €
  • FOP (free of payment) securities transaction: removed from Price List
  • Transfer of the whole balance of an EVK securities account to Luminor Bank: removed from Price List
  • New item added: Operations in relation with inheriting pension fund units (fee per application), 6 €

Leasing: Private Price List

Fees related to amendment of existing contracts:

  • Amendment of a leasing contract: change of contract type, leasing period, type of payment schedule, transfer to a new lessee, change of base rate type (updated list)
  • Early termination of a lease contract, early repayment of a lease contract in part, selling a leased asset at a higher price (updated list)
  • New item added: Sale of asset at a price above its residual value – 50 € plus the fee for early termination of contract

Other services:

  • Issuing a power of attorney, a copy of a contract or invoice, bank statement, certificate or other document related to a contract at the customer’s request (except payment schedule) (updated list)
  • Release of an additional collateral of a leasing contract: price until 01.02.2019 50 € (60 € including VAT), price from 01.02.2019 100 € (120 € including VAT)
  • New item added: Violation of contractual insurance obligations – 50 € (no VAT added)
  • Sale of asset upon early termination of leasing contract: removed from Price List
  • New item added: Fee for the return of the leasing asset upon termination of the leasing contract – 260 €  (312 including VAT) plus actual costs

Leasing: Business Price List

Fees related to amendment of existing contracts:

  • Amendment of a leasing contract: change of contract type, leasing period, type of payment schedule, transfer to a new lessee, change of base rate type (updated list) – 0.35 % of the unpaid residual value, min. 200 €
  • Sale of asset at a price above residual value: 50 € plus the fee for early termination of contract

Other services

  • New item added: Violation of contractual insurance obligations – 50 € (VAT not applicable)
  • Sale of asset upon early termination of leasing contract: removed from Price List
  • New item: fee for the return of the leasing asset upon termination of the leasing contract– 260 €  (312 including VAT) plus actual costs

In case of any questions, please contact our 24/7 Customer Support by calling +372 628 3300 or sending an e-mail to info@luminor.ee.
 
With best wishes,
Luminor