Business Clients > Price List > 10. LETTERS OF CREDIT. DOCUMENTARY COLLECTIONS. EXPORT-IMPORT GUARANTEES

10. LETTERS OF CREDIT. DOCUMENTARY COLLECTIONS. EXPORT-IMPORT GUARANTEES

10.1Import letter of credit
10.1.1 Sending of a letter of credit45.00 €
10.1.2Opening of credit (if covered by pecuniary means) 
up to 3 months0,2 % min. 96.00 €
up to 6 months0,3 % min. 192.00 €
over 6 months for every next month or its part0,1 % min. 96.00 €
10.1.3Document processing fee and charge0,15 % min. 96.00 €
10.1.4Confirmation from foreign bank€ 128.00 + foreign bank’s charge
10.1.5 Amendment, cancellation€ 51.00 + foreign bank’s charge
10.1.6 Correction fee26.00 €
10.2 Export letter of credit 
10.2.1 Notification fee64.00 €
10.2.2 Confirmation fee 
up to 3 months0,2 % min. 96.00 €
up to 6 months0,3 % min. 192.00 €
over 6 months for every next month or its part0,1 % min. 51.00 €
10.2.3 Document processing96.00 €
10.2.4Amendments51.00 €
10.2.5Presentation of discrepant documents26.00 €
10.2.6 Transaction, negotiation fee0,15 % min. 96.00 €
10.2.7Delivery of documentsactual costs, min. € 19.00
10.2.8Cancellation32.00 €
10.2.9Deferred payment commission with an undertaking of Tallinna Äripank0,1 % min. 45.00 €
10.2.10 Discountingnegotiable
10.2.11Transfer commission (for transferable letter of credit)0,25 % min. 96.00 €
10.3Documentary collections
10.3.1Presenting documents  
against payment0,15 % min. 64.00 €
against acceptance0,25 % min. 102.00 €
10.3.2Amendment to collection instructions51.00 €
10.3.3 Releasing documents without acceptance51.00 €
10.4Postage, telex, courier, S.W.I.F.T. actual costs, min. € 10.00
10.5Export–import guarantees
10.5.1Advising on export-import guarantees for a foreign bank customer58.00 €
10.5.2Advising on export-import guarantees for a customer of Tallinn Business Bank45.00 €