Securities Trading
Shares and ETF trading commissions:
Purchasing and selling foreign shares/ETF in internet bank or by phone0.5% of the amount min. €50
Purchasing and selling shares at stock exchanges of the Baltic states (1)0.4% of the amount, min. €5.70
Debt securities trading commissions:
Investing in debt securities via Luminor internet bank or by phoneUp to 2% of the price, min. €50
Selling of index linked bonds in secondary market (2)0.20%
Mutual funds trading commissions:
Investing in mutual funds via Luminor internet bank or by phone1% of the transaction amount min. €15
Investing in Nordea mutual funds via Luminor internet bank or by phone1% of the transaction amount min. €1

(1) 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.
(2) Sell order may be subject to the third-party commissions, which will be included in the price of securities.

Ex-ante Information on Costs and Charges of Investment Products can be found here.

More information about Investment services can be found here.

Securities Transfers
Free-of-payment transfers (FOP):
- Within the Bank (paid only 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.

Financial instrument account monthly maintenance fee
Custody fee (monthly payment): (1)
- Index-linked bondsFree
- other financial instruments0.015% (min. €1)

(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 Financial instrument account related services
Financial instruments account opening and closingFree
Deregistration of financial instruments€8
Blocking of financial instruments, incl. the shareholders' meeting€10
Participation in the meetings of shareholdersAs individually agreed
Processing of financial instruments related optional corporate events€20 + external costs
Other services related to corporate actionsAs individually agreed
Financial instruments account statement and related documents:
- via the Internet BankFree
- 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.

If Bank is obliged to pay any taxes, fees, interest, penalties or incur other costs that are not covered in the Bank’s Price List and are related to the provision of securities safekeeping, execution and any other relevant service to the Client, and which are not caused by the Bank's gross negligence or wilful misconduct, the Bank shall have the right to debit such amounts from the Client’s Current Account without prior Client’s consent.