Tallinn Business Bank Ltd. - Terms and Conditions

1.	Terms and conditions of cash transactions
1.1.	Amounts paid in cash shall be credited to the account the same day.
1.2.	Amounts paid in by cash collection shall be credited to the account on the following banking day.
1.3.	For cash withdrawal of over 200 000 EEK, an advance booking is required. An application for booking cash shall be submitted until 14.00 in writing or electronically.
1.4.	Cash withdrawal takes place on the next banking day after booking.
1.5.	A personal identification document is required for amounts exceeding 100,000 EEK.
1.6.	Banking operations with non-clients are performed for double tariffs.
1.7.	Assessment of bank notes takes place within a month.
2.	Terms and conditions for executing transfers
2.1.	Incoming payment orders.
	- domestic - on the day the amount is credited to the account of Tallinn Business Bank with the Bank of Estonia.
	- international on the day following the bank value day determined by the payer
2.2.	Outgoing payment orders
	- intra-bank - the same banking day
	- domestic - the same banking day if presented before 16.00.
2.3.	Urgent payment order in EEK at the same banking day if presented to the bank before 17.00.
2.4.	International payment orders
	- An ordinary foreign currency transfer will be executed within 48 hours from the day of debiting the monetary resources from the clients account. An urgent foreign currency transfer will be executed within 24 hours from debiting money from the clients account if presented to the bank before 13.00.
	- An express payment order the same banking day if presented to the bank before 13.00.
3.	Cancellation of payment order
3.1.	It is possible to cancel a payment order if the money has not been debited from the correspondent account with the Bank of Estonia.
4.	Conditions of converting
4.1.	Conditions for buying-selling (converting) foreign currency:
	- currency is transferred to the account on the same day the converting order was received
	- currency is credited to a clients account on the day the amount is credited to the correspondent account
	- converting is performed in case there is no force majeur.
	- changes may occur in the converting conditions of CIS currencies, the bank is obliged to inform clients about the changes.
5.	Calculation of current account interests and conditions of payment
5.1.	Calculation of interests is based on considering the average balance of the current account, type of currency and the annual interest rate.
	Legal persons:
	Annual interests shall be paid on current account, which are calculated from the minimal monthly average balance and shall be transferred to the clients account with Tallinn Business Bank once a year on the last working day of the year.
	Physical persons:
	Annual interests shall be paid on current account, which are calculated from the daily average balance
	Interests for accounts in the Estonian kroons are paid out monthly, on the last day of the month, by transfering the interest amount into the customers account with the Bank.
	Interests for accounts in foreign currency are paid out on the last banking day of the year by transfering the interest amount into the customers account with the Bank.
5.2.	Interests are calculated on the basis of the 365-days year.
5.3.	When account is closed, interests smaller than 10 EEK shall not be paid out to the client.
5.4.	Annual interest rates are calculated for each currency separately.
6.	Other conditions
6.1.	Factual costs are actual costs incurred to the correspondent banks (DHL, telex, fax, telephone, etc.)
6.2.	Additional costs incurred to the bank at clients request shall be covered by the client.
6.3.	All service charges are in Estonian kroons. Service charges on foreign currency accounts are converted according to the daily rates of Tallinn Business Bank.
6.4.	Clients can perform transactions only within the amount of the average balance of his/her account.
6.5.	Service charges are paid by the Client who performs transactions and the charges are withheld from the clients account.
6.6.	The service charges of current account shall be withheld from the clients account on the last working day of the year. In case there is no sufficient amount on the account, the amount shall be booked and shall be debited from the first incoming payment. Current account is closed if there is no money on the account.
6.7.	The Bank reserves the right to make changes in this price list without notifying the clients and without concerting with the clients. The bank shall notify the clients through electronic media, information boards in the branch offices, other media (post, telephone, fax).