Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698058761196.pdf (Liberia)
Landsbankinn's Tariff of Charges Valid as of 14 September 2023 1.

Loans 1.1.

1.2.

1.3.

1.4.

1.5.

1.6.

1.7.

1.8.

1.9.

Borrowing fees 1.1.1.
Borrowing fee for housing mortgages and other mortgages - Fee is collected for each loan application - 100% discount for first time buyers Borrowing charge on housing and real estate mortgages indexed to a foreign currency Borrowing fee (other loans) Borrowing fee (other loans) for Varðan and Náman members and payments debited from account Bond Collateral agreement or pledge Credit facility or contract Consumer loan Declaration or statement regarding a loan or a security document 1.1.2.

1.1.3.

1.1.4.
1.1.3.

1.1.4.

Lending and collateral - paperwork and documentation 1.2.1.

1.2.2.

1.2.3.

1.2.4.

1.2.5.

Handling of pledge of collateral for loans other than Landsbankinn's (HFF, pension funds) and declaration - minimum Statement of encumberances and registration of title 1.3.1.

1.3.2.

1.3.3.

1.3.4.

1.3.5.

1.3.6.


From CreditInfo (credit rating service) From district commissioner Registration of title, incurred costs payable to district commissioner Digital registration of title, incurred costs payable to district commissioner Administration for registration of title documents* Administration for registration of title documents - express service Payments 1.4.1.

1.4.2.

1.4.3.

1.4.4.

1.4.5.

1.4.6.

1.4.7.

1.4.8.

1.4.9.
* 50% discount for digital registration of title documents Notification and payment fee, loan debited, payment coupon sent Notification and payment fee, loan debited, payment coupon not sent Notification and payment fee, loan not debited, payment coupon sent Notification and payment fee, loan not debited, payment coupon not sent Notification and payment fee, cost per payment in foreign currency Notification and payment fee, cost per payment on real estate loan in foreign currency, automatic debit Prepayment penalty for loans with floating interest to other undertakings than small undertakings*, for each remaining year 1.4.7.1.
Maximum Small undertakings as defined in Point 11 b) of Article 2 of the Act on Annual Accounts No.

3/2006, as subsequently amended, shall be undertakings which on their balance sheet dates do not exceed the limits of at least two of the three following criteria: (a) balance sheet total: ISK 600 million; (b) net turnover: ISK 1,200 million; (c) average number of employees during the financial year: 50.
In the case of real estate or holding companies, only the criteria of an ISK 600 m balance sheet total shall apply.

The provision generally measures an undertaking's size by the most recent annual financial statements at the date of the credit agreement.

Prepayment penalty for mortgages with temporary fixed rates, for the fixed rate period, maximum A prepayment of up to ISK 1,000,000 per year on mortgages with a temporary fixed rate period will not incur a prepayment penalty.
Prepayment penalty for mortgages with fixed rates, maximum When determining prepayment penalties under this item, the Bank takes account of, inter alia, the rate differential between current market rates on comparable loans offered by the Bank and the current rate on the loan in question, discounted from final maturity to the prepayment date.

* For a limited time only, a 100% discount will be granted on prepayment charges/accelerated payment housing mortgages with fixed rates 1.4.10.
Waiver fee* Minimum * A fee paid to the bank due to a breach of a covenant Amendment to loan and security documents Mortgage authorisation Mortgage transfer and mortgage release Loan noviation Fee for quota transfer Endorsement of conditional mortgage or approval as subordinated mortgagee Administration and guarantee of loan prepayment, each creditor 1.7.2.

Statement of liabilities, balance owing and details of both ISK and FX loans Amendment of terms and conditions - corporate 1.6.1.

1.6.2.

1.6.3.
1.6.2.

1.6.3.

1.6.4.

1.6.5.

1.6.6.

Amendment of terms and conditions - individuals 1.7.1.

1.7.2.

1.7.3.

1.7.4.

1.7.5.

Fee for changing loan currency 1.8.1.

1.8.2.


Mortgage authorisation Loan noviation Handling of transfers of mortgages and pledges of collateral for HFF and other mortgages Endorsement of conditional mortgage or approval as subordinated mortgagee Amendment to terms on housing and real estate mortgages Between foreign currencies Between ISK and foreign currency Minimum, for both 1.8.1. and 1.8.2. Business agreements (produce and operating loans and lines of credit) 1.9.1.

1.9.2.

1.9.3.

1.9.4.

1.9.5.


1.9.6.

1.9.7.

Handling fee for agreement exceeding ISK 50m; annual commission Handling fee for agreement ISK 50m and lower; annual commission Arrangement fee Service fee; costs incurred for each distribution of proceeds Completed loan or business agreement (produce and operating loans) Notification and payment fee, cost per payment Lines of credit 1.9.7.1.

Fee for undrawn portion of binding credit line 1.10.

Loan extensions (Corporate Banking) 1.10.1.

1.10.2.
1.10.2.

Loan extensions for a term shorter than 12 months at a time Loan extensions for a term longer than 12 months at a time Page 1 of 8 ISK 59,900 ISK 119,800 2.00% 1.70% Min.

ISK 5,000 Min.

ISK 5,000 Min.

ISK 50,000 ISK 5,000 Min.

ISK 10,000 Min.

ISK 10,000 ISK 1,500 ISK 2,000 ISK 2,700 ISK 1,500 ISK 1,990 ISK 6,000 ISK 255 ISK 140 ISK 635 ISK 520 ISK 820 ISK 410 0.40% 2.00% 1.00% 2.00% 0,10% - 1,00% ISK 50,000 ISK 5,000 ISK 400 Min.

ISK 19,900 Min.

ISK 10,000 Min.

ISK 15,000 Min.


ISK 25,00 Min.

ISK 20,000 ISK 0 ISK 5,500 ISK 10,000 ISK 5,000 ISK 0 ISK 19,900 0.20% 0.40% ISK 20,000 0.30% 0.50% ISK 1,500 ISK 300 Min.

ISK 50,000 ISK 820 0.30% 0.15% 0.50% 1.11.

Vehicle financing 1.11.1.

1.11.2.

1.11.3.

1.11.4.

1.11.5.

1.11.6.

Initial cost and collection Borrowing charge, percentage of loan amount Vehicle loans and vehicle facilities 1.11.1.1.

1.11.1.1.1.

1.11.1.1.1.1.

1 - 23 mos.

1.11.1.1.1.2.

24 - 35 mos.

1.11.1.1.1.3.


36 - 47 mos.

1.11.1.1.1.4.

48 - 59 mos.

1.11.1.1.1.5.

60 - 71 mos.

1.11.1.1.1.6.

72 - 84 mos.

1.11.1.1.1.7.

Minimum borrowing charge Operating lease 1.11.2.1.

Leasing fee is calculated per day from delivery of vehicle to 1st due date for payment and collected with 1st lease payment VAT levied on all fees where VAT applies to agreements Lease-to-purchase 1.11.3.1.

1.11.3.1.1.
1.11.3.1.1.

Initial cost Initial fee collected on 1st due date for payment VAT levied on all fees where VAT applies to agreements New equipment/transfer of pledge Change of borrower Amendment of terms and conditions Debt restructuring Declaration of temporary permit for export of an automobile Notification and payment fee in accordance with item 1.4.

Changes to loan terms 1.11.5.1.

1.11.5.2.

1.11.5.3.

1.11.5.4.

1.11.5.5.

Official fees 1.11.6.1.

1.11.6.2.

1.11.6.3.

1.11.6.4.

1.11.6.5.


Registration of title Change of ownership and traffic safety fee Change of ownership of heavy machinery Registration of possessor Cancellation of possessor 1.12.

Personal credit rating 1.12.1.

1.12.2.

1.12.3.

1.12.4.


1.12.5. Credit assessment, individuals* Credit assessment, married/cohabiting couples* Confirmation of credit worthiness/credit assessment for lot applications to municipalities - credit assessment not included CIP credit rating Summary of transactions (loan statement) * Included in the fee are expenses paid by the Bank for data collection from the Directorate of Internal Revenue and CreditInfo, among others 1.13.
Data collection for consumer loans (provided without remuneration once a year) 2.

Current accounts, debit cards and other accounts* Withdrawals over the counter from a Landsbankinn account Early withdrawal fee Account statement, printed at branch and sent by mail Account statement, printed and delivered at branch 2.1.

2.2.

2.3.

2.4.

2.5.

Transaction and withdrawal fees 2.1.1.

2.1.2.

Account statement 2.2.1.

2.2.2.

Debit cards 2.3.1.

2.3.2.

2.3.3.

2.3.4.

2.3.5.


Overdrawn debit card transaction 2.4.1.

2.4.2.

2.4.3.

Overdrafts 2.5.1.

2.5.2.

Annual debit card fee Production fee for debit card Debit card transaction Cash withdrawal abroad, commission Minimum fee for cash withdrawal abroad ISK 5,000 or lower Between ISK 5,000.01 and ISK 10,000.00 Over ISK 10,000.00 Application to raise limit Raising limit via self-service channels * Customers under the age of 18 years do not pay transaction fees or annual fees 3.
Defaults (applies to all defaults unless otherwise specified) 3.1.

3.2.

3.3.

Collection warning Reminder of collection warning Vehicle loans, vehicle facilities and lease-to-purchase 3.3.1.

Premium on redeemed commitments towards third parties 3.3.1.1.

3.3.1.2.

3.3.1.3.
Vehicle tax, vehicle weight tax, insurance and negligence fee - minimum Parking tickets - minimum Vehicle tax, vehicle weight tax, insurance, negligence fee and parking tickets Interim collection and legal costs as per tariff of external collection agent Page 2 of 8 1.95% 2.00% 2.25% 2.50% 3.00% 3.25% ISK 15,000 1.75% ISK 15,000 ISK 15,000 ISK 10,000 ISK 10,000 ISK 15,000 ISK 2,700 ISK 2,792 ISK 3,900 ISK 1,141 ISK 539 ISK 7,900 ISK 12,900 ISK 2,000 ISK 1,000 ISK 1,350 ISK 1,490 ISK 0 4.00% ISK 300 ISK 150 ISK 790 ISK 1,150 ISK 18 1.00% ISK 800 ISK 900 ISK 1,500 ISK 2,600 ISK 790 ISK 0 ISK 950 ISK 0 ISK 3,000 ISK 1,500 3.00% 4.
Online banking and related services Annual fee for Corporate and Private Internet Banking Corporate and Private Internet Banking transaction fee Mailing of receipts for Corporate, Private Internet Banking and Internet Banking for Non-Business Organisations Text messaging (SMS) and e-mail Corporate Internet Banking netting service Payment service, each payment (Internet Banking Services for Non-Business Organisations) RSA SecurID app - annual fee RSA SecurID token - annual fee Authentication token - new, new token in case of loss, damage or expiry 4.1.
4.2.

4.3.

4.4.

4.5.

4.6.

4.7.

4.8.

4.9.

4.10.

Card reader 4.10.1.

Card reader - clients in loyalty programmes 4.11. Credit reference service CreditInfo - check of customer's own data 4.12.

Services to parties involved in further collection Receivable sent to parties involved in further collection 4.12.1.

4.12.2.

Manual edit/cancellation of claim 4.12.3.

Other service - fee per hour 4.13.

Monthly statements, annual fee 5.

Payment equalisation 5.1.

5.2.

5.3.

5.4.


Annual fee for payment equalisation (annual fee includes one payment plan per year and payment service, direct payments and giro/payment slips if received by the Bank) Additional fee (for major plans) Change to payment plan (exceeding one per year) Default of payment on Payment service account, in accordance with item 3.

Payment service, per slip 6.

Collection services 6.1.

6.2.

6.3.

6.4.

6.5.

6.6.

6.7.

6.8.

6.9.


Creating a receivable (in Corporate Internet Banking, B2B or Service for Non-Business Organisations) Creating a receivable in branch Creating a receivable in IT division (with Excel file) Change/cancellation of a receivable (in Corporate Internet Banking or B2B) Change/cancellation of a receivable in branch Cancellation of an optional claim Receivable sent to parties involved in further collection Creating a receivable 6.1.1.

6.1.2.

6.1.3.
6.1.2.

6.1.3.

Change/cancellation of a receivable 6.2.1.

6.2.2.

6.2.3.

6.2.4.

Payment of a receivable Payment fee 6.3.1.

Receivable partially paid in the bank 6.3.2.

Payment of a foreign receivable 6.3.3.

Direct payments, receivables pool 6.3.4.

Payment slips 6.4.1.

6.4.2.

6.4.3.

6.4.4.

6.4.5.


Mailing of payment slip (automated) Mailing of payment slip (branch mails) Transmission of electronic documents Initial fee for setting up electronic publication in the publication system Printing 6.4.5.1.

6.4.5.2.

6.4.5.3.
6.4.5.2.

6.4.5.3.

Printing of payment slip Printing of payment slip (collected at branch) Printing and mailing of a reminder Special adjustments, hourly rate On-line query in real time B2B Registration of direct debit contracts in online banking Customer creates own direct debit contract 6.7.1.

Legal entity creates contract on behalf of payors 6.7.2.

6.7.3.
6.7.3.

Legal entities who are not customers create contracts on behalf of payors Registration of direct debit contract in branch/Customer Service Centre Collection of bonds 6.9.1.

6.9.2.

6.9.3.

6.9.4.

6.9.5.

6.9.6.

Initial cost for collection Collection, each due date (commission independent of results) Amendment of terms and conditions Collection warning / Collection fee Statement sent on demand Delivery of data for collection purposes by Landsbankinn (acc.

to contract) 7.

Acquiring services 7.1.


Merchant service fee Merchants can select one of two pricing models: * Blended pricing - fixed % that includes service fee, interchange and scheme fees per card type.

* Interchange++ pricing - fees are broken down into interchange, scheme fees and the Acquirer’s fee Transaction fee per transaction Minimum service fee per transaction Moto transaction surcharge 7.1.1.

7.1.2.

7.1.3.
7.1.2.

7.1.3.

Initial contract fee Monthly settlement fee Chargeback fee per chargeback Monthly merchant portal fee per user 7.2.

7.3.

7.4.

7.5.
7.3.

7.4.

7.5.

Page 3 of 8 ISK 0 ISK 0 ISK 150 ISK 0 ISK 13 ISK 80 ISK 0 ISK 0 ISK 1,200 ISK 1,700 ISK 1,000 ISK 350 ISK 75 ISK 90 ISK 14,000 ISK 7,500 ISK 7,800 ISK 1.500 - 5.000 ISK 700 ISK 100 ISK 40 ISK 250 ISK 68 ISK 40 ISK 135 ISK 40 ISK 90 ISK 75 ISK 75 ISK 200 ISK 55 ISK 135 ISK 275 ISK 45 ISK 20,000 ISK 15 ISK 70 ISK 130 ISK 14,900 ISK 1 ISK 0 ISK 190 ISK 240 ISK 500 ISK 15,000 ISK 790 Min.

ISK 10,000 ISK 790 ISK 2,700 ISK 2,700 Quote* ISK 6 ISK 12 0.20% ISK 4,500 ISK 450 ISK 2,500 ISK 299 8.
Foreign collections 8.1.

Exports 8.1.1.

8.1.2.

8.1.3.

Imports 8.2.1.

8.2.

8.2.2.

8.2.3.

8.2.4.

8.2.5.

Collection commission Minimum Maximum Express deliveries Cost of sending message - per SWIFT message Collection commission Minimum Maximum Return fee Delivery fee + minimum collection commission Arrangement fee for reminders, amendments, protests and queries Past due balances, additional fee per month 30 days after receipt of sight drafts, 10 days after maturity of bills of exchange.
Additional fee for each balance due.

8.2.6.

Cost of sending message - per SWIFT message 9.

Foreign currency transaction and international payments (current FX-rates at www.landsbankinn.is) 9.1.

9.2.

9.3.

9.4.

9.5.
Received payment request (SWIFT MT/MX), deposited to Landsbankinn account Received payment request (SWIFT MT/MX), forwarded to another bank - ISK denominated Received payment request (SWIFT MT/MX), forwarded to another bank - foreign currency Received transfer request (SWIFT MT/MX) for a Landsbankinn account Received euro transfer request from Europe (SEPA) Received transfer request (SWIFT MT/MX), manual entry due to insufficient information Received transfer request (SWIFT MT/MX), paid out by cashier Received transfer request cancelled prior to deposit to Landsbankinn account Transfer request reversed after deposit to account International payments, deposits 9.1.1.
9.1.2.

9.1.3.

9.1.4.

9.1.5.

9.1.6.

Payment requests 9.2.1.

9.2.2.

9.2.3. International payments, withdrawals 9.3.1.

9.3.2.

9.3.3.

9.3.4.

9.3.5.

9.3.6.

Suspension/cancellation of payment 9.4.1.

9.4.2.
Account statement through SWIFT MT/MX - monthly charge (includes ISK-denominated accounts) Payment (SWIFT MT/MX) carried out in branch/service centre Payment (SWIFT MT/MX) carried out via online banking Euro-denominated payment within Europe (SEPA) carried out in branch/service centre Euro-denominated payment within Europe (SEPA) carried out via online banking Charge when recipient cost is paid by sender (not applicable to JPY) Surcharge for express delivery Suspension/cancellation of payment Queries All foreign banking fees and other direct costs incurred are paid separately 10.
Guarantees 10.1.

Imports (Letters of Credit) and Letters of Guarantee 10.1.1.

10.1.2.

10.1.3.

10.1.4.

10.1.5.

Fee per annum, based on pledged collateral and creditworthiness - minimum Handling fee Amendment fee Cancellation fee (Letters of Credit) Additional fee for more complex documents 10.1.5.1.

10.1.5.2.

Cost of sending message - per SWIFT message Additional fee for more complex documents - Minimum Additional fee for more complex documents - Maximum 10.1.6.

10.2.

Rent guarantees 10.2.1.


Fee, annual rate (per annum) 10.2.1.1.

10.2.1.2.

Handling fee Amendment fee 10.2.2.

10.2.3.

Fee per annum if deposits are 100% pledged as collateral Fee per annum, no collateral If deposits are 100% pledged as collateral, members of Náman only pay a handling fee according to item 10.2.2. and amendment fee according to 10.2.3.

10.3. Letters of Credit - exports 10.3.1.


Advising commission (charged only when the L/C is unconfirmed by Landsbankinn) Minimum Maximum L/C forwarded to correspondent bank Confirmation commission, for each 3-month period started Minimum Payment commission/documentation commission Minimum Of amount exceeding ISK 25,000,000 Express deliveries Amendment fee L/C transfer Minimum Discrepancy in documents Cost of sending message - per SWIFT message 10.3.2.

10.3.3.

10.3.4.

10.3.5.

10.3.6.

10.3.7.

10.3.8.
Page 4 of 8 0.20% ISK 7,500 ISK 30,000 Fee according to service provider's tariff ISK 1,000 0.20% ISK 3,000 ISK 30,000 ISK 2,500 ISK 1,000 ISK 1,000 ISK 2,000 ISK 1,000 ISK 700 ISK 600 ISK 2,000 ISK 2,000 ISK 2,000 ISK 3,000 ISK 400 ISK 700 ISK 1,500 ISK 1,900 ISK 900 ISK 1,900 ISK 700 ISK 3,000 ISK 3,000 ISK 3,300 ISK 2,500 ISK 5,000 1.00% ISK 20,000 ISK 7,500 ISK 6,000 ISK 7,500 ISK 75,000 ISK 1,000 1.00% 6.00% ISK 8,000 ISK 2,500 0.05% ISK 4,000 ISK 20,000 ISK 2,000 0.50% ISK 4,000 0.25% ISK 6,000 0.15% Fee according to service provider's tariff ISK 5,000 0.45% ISK 10,000 ISK 3,000 ISK 1,000 11.
Assistance in branches / Customer Service Centre 11.1.

Transfers, payment of giro, payment slips and on credit cards (each transaction) 11.2.

Transfers to or from foreign currency accounts in Iceland 11.3.

Telephone information service: (+354) 515-4444 (transfers, account balance and last transactions) 11.4.

Balance and transactions read over phone by employee (accounts, credit cards etc.)

11.5.

Notification by e-mail or text message (SMS) Faxed receipts, see item 17.1.

11.6.
11.6.

Payment batch by processing a file 11.6.1.

11.6.2.

Arrangement fee For each transaction 11.7.

Service charge for other major transactions in a Bank branch and Customer Service Centre 12.

Safety deposit boxes for customers of Landsbankinn - annual fee 201 - 300 sq.

cm 310 - 400 sq.

cm 401 - 600 sq.

cm 601 - 900 sq.

cm 900 sq.

cm and larger 12.1.

Boxes smaller than 200 sq.

cm 12.2.

12.3.

12.4.

12.5.

12.6.

12.7.

Small short-term boxes in Mjódd branch, monthly fee 12.8.
Larger short-term boxes in Mjódd branch, monthly fee 12.9.

Change of lock (lost key) 12.10.

Box forcibly opened and lock changed 12.11.

Arrangement fee after 12 PM 13. Credit cards 13.1.

Annual fee VISA* 13.1.1.

13.1.2.

Personal cards 13.1.1.1.

13.1.1.2.

13.1.1.3.

13.1.1.4.

13.1.1.5.

13.1.1.6.

13.1.1.6.1.

13.1.1.6.2.

13.1.1.7.

13.1.1.7.1.

13.1.1.7.2.

13.1.1.8.

13.1.1.9. Business cards 13.1.2.1.

13.1.2.2.

13.1.2.3.

13.1.2.4.

13.1.2.5.
Cardless account VISA Classic / VISA Classic A - Card Náman A - Card, basic travel insurance Náman A - Card, comprehensive travel insurance General A card - comprehensive travel insurance Gold Card / Gold A - Card / Gold Icelandair Saga Club Card Gold Card / Gold A - Card Gold Icelandair Saga Club Card Platinum A - Card / Platinum Icelandair Saga Club Card Platinum A - Card Platinum Icelandair Saga Club Card Premium Icelandair Saga Club Card Pocket Money Purchase Card General business card Gold Business Card / Gold Icelandair Saga Club Business Card Platinum Icelandair Saga Club Business Card Premium loyalty business card * It is possible to pay the annual fee with 12 monthly payments or pay part of the annual fee each quarter 13.2.
Notification and payment fee 13.2.1.

13.2.2.

13.2.3.

13.2.4.

Domestic cash withdrawal, commission for credit cards Credit card cash withdrawal fee Plus Card cash withdrawal fee Landsbankinn's Gift Card withdrawal fee Cash withdrawal abroad, commission Debited from account, Internet Banking statement Debited from account, invoice fee Paid with payment slip, Internet Banking statement Paid with payment slip, invoice fee 13.3.

Default of payment in accordance with item 3.

13.4.

Other VISA fees 13.4.1.


13.4.2.

13.4.3.

13.4.4.

13.4.5.

13.4.6.

Minimum fee for cash withdrawal abroad 13.4.7.

13.4.8.

13.4.9.

13.4.10.

Payment distribution 13.4.11.

Reissue of PIN code on paper, collected at branch or sent 13.4.12.

PIN code via Internet Banking 13.4.13.

Connection fee for Icelandair Saga Club card 13.4.14.

Connection fee for Icelandair Saga Club Premium and Platinum card 13.4.15.

Application to raise limit 13.4.16.

Raising limit via self-service channels 13.4.17.


Text message alert for credit cards (per message)** Reissue of card and Priority Pass* Reissue of card numbers attached to card-free accounts Emergency cash * Priority Pass charges access fee to airport lounges in accordance with its current price list ** Exempting text messages to authenticate online payment and cardless withdrawals 14.

Landsbankinn Gift Card and Cash cards 14.1.

Landsbankinn Gift Card 14.1.1.

14.1.2.


50% discount for clients in loyalty programmes Corporate customers of Landsbankinn get a 50% discount on the card 14.2.

Cash cards 14.2.1.

14.2.2.


Fee linked to turnover Debit card transaction Page 5 of 8 ISK 250 ISK 350 ISK 0 ISK 250 ISK 50 ISK 400 ISK 20 ISK 250 ISK 3,750 ISK 4,375 ISK 5,000 ISK 6,250 ISK 8,750 ISK 11,250 ISK 1,250 ISK 2,500 ISK 16,000 ISK 30,000 ISK 1,200 ISK 1,990 ISK 3,300 ISK 1,190 ISK 3,700 ISK 6,900 ISK 12,400 ISK 12,400 ISK 22,900 ISK 22,900 ISK 40,000 ISK 1,190 ISK 2,000 ISK 9,900 ISK 16,900 ISK 23,500 ISK 32,900 ISK 120 ISK 240 ISK 300 ISK 420 2.20% ISK 120 ISK 120 0 kr.
2.75% ISK 800 ISK 1,900 ISK 600 ISK 10,900 ISK 250 ISK 550 ISK 0 ISK 1,500 ISK 2,500 ISK 1,390 ISK 390 ISK 12 ISK 540 ISK 270 ISK 270 1.75% ISK 13 15.

Brokerage and Asset Management UCITS funds and Alternative investment funds for retail investor - The minimum investment amount in funds is ISK 10,000 selling price and ISK 5,000 in subscription.

Settlement is generally 2 bankdays* 15.1.

15.1.1.

Mixed funds of Landsbréf hf.- Minimum investment in funds is ISK 5,000.

Turnaround is generally T+2 15.1.1.1.


15.1.1.2.

Eignadreifing – Virði, Vöxtur og Langtíma og Sjálfbær* Global Multi Asset fund** * Performance-linked commission is included in the fund’s price as 10% of returns above the CBI’s interest rate on deposits 15.1.2.

** Settlement is T+3 Equity funds of Landsbréf hf.

15.1.2.1.

15.1.2.2.

15.1.2.3.

15.1.2.5.

15.1.2.4.

Úrvalsbréf Öndvegisbréf Global Equity Fund* Global Portfolio* Nordic 40 * Settlement is T+3 15.1.3.

Mutual funds of Landsbréf hf.

15.1.3.1.


15.1.3.2.

15.1.3.3.

15.1.3.4.

15.1.3.5.

15.1.3.6.

Veltubréf * Veltubréf plús* Sparibréf stutt Sparibréf - meðallöng, plús, verðtryggð og óverðtryggð Markaðsbréf Markaðsbréf sértryggð * Settlement is T+1 15.1.4.

Exchange-traded funds (ETFs) of Landsbréf hf.

LEQ UCITS ETF* 15.1.4.1.

Discount on purchase fee in online banking and by subscription 15.1.7.1.

15.1.7.2.
15.1.7.2.

Discount on purchase fee in online banking Discount on purchase fee - minimum subscription period of 4 months 1) The annual management fee is included in the fund price.

Landsbréf pays Landsbankinn a commission for the sale of Landsbréf's funds 15.2.

Trading in individual securities* 15.2.1.

15.2.2.

Transaction fee for trading in equities Domestic listed equities 15.2.1.1.

Domestic listed equities - minimum fee 15.2.1.2.

Domestic listed equities in online banking 15.2.1.3.
Domestic listed equities in online banking - minimum fee 15.2.1.4. International listed equities 15.2.1.5. International listed equities - minimum fee 15.2.1.6.

Stamp duties levied on purchases in GBP 15.2.1.7.

Domestic unlisted equities 15.2.1.8.

15.2.1.9.

Domestic unlisted equities - minimum fee Transaction fee for trading in bonds 15.2.2.1.

15.2.2.2.

15.2.2.3.

15.2.2.4.

15.2.2.5.

15.2.2.6.

15.2.2.7.

15.2.2.8.
Domestic treasury bonds Domestic treasury bonds - minimum fee Domestic treasury bills, bank bills and bonds with a maturity of less than 1 year Domestic treasury bills, bank bills and bonds with a maturity of less than 1 year - minimum fee Other standard domestic market bonds Other standard domestic market bonds - minimum fee International bonds and bills International bonds and bills - minimum fee Purchase fee Management fee 1) 1.00% 1.00% 1.25% 1.20% 2.00% 2.00% 2.00% 1.00% 2.00% 0.00% 0.00% 0.50% 1.00% 1.00% 1.00% 1.65% 1.75% 1.50% 1.50% 1.10% 0.35% 0.40% 0.70% 0.80% 0.80% 1.00% 1,00%* 0.50% 1.00% 0.65% 25.00% 100.00% 1.00% ISK 3,500 0.75% ISK 1,950 1.00% ISK 12,000 0.50% 2.00% ISK 10,000 0.40% ISK 3,500 0.30% ISK 3,500 0.75% ISK 3,500 1.00% ISK 12,000 * Transaction fee for buy/sell Private Banking funds Einkabréf - A, B, C, D 15.1.5.
15.1.6.

15.1.7.

Other UCITS and investment funds 15.1.6.1.

In some cases, partner companies pay part of the management fee to Landsbankinn.

Landsbankinn’s advisors provide further information, tel.

+354 410 4040 Other UCITS 2.00% 1,00% - 3,00% * Settlement is T+2 Minimum transactions in equities are ISK 100,000.
Transaction fees levied on transactions in currencies other than Icelandic krónur (ISK) are charged in the transaction currency, based on the exchange rate of each currency at the beginning of each month 15.3.

Asset management 15.3.1.

15.3.2.

15.3.3.

15.3.4.

Management fee Management fee - minimum fee Discount on transaction fee for transactions in individual listed securities Discount on purchase fee on transactions in Landsbréf hf.
funds Discount on custody fee Private banking service - active management Management fee 15.3.1.1.

Management fee - minimum fee 15.3.1.2.

Discount on transaction fee for transactions in individual listed securities 15.3.1.3.

15.3.1.4.

Discount on purchase fee on transactions in Landsbréf hf.

funds Discount on custody fee 15.3.1.5.

Private Banking - Advisory agreement 15.3.2.1.

15.3.2.2.

15.3.2.3.

15.3.2.4.

15.3.2.5.


Asset management for professional and institutional investors - active management 15.3.3.1.

15.3.3.2.

15.3.3.3.

15.3.3.4.

15.3.3.5.

Asset management for professional and institutional investors - Advisory agreement 15.3.4.1.

15.3.4.2.

15.3.4.3.

15.3.4.4.

15.3.4.5.

Management fee Management fee - minimum fee Discount on transaction fee for transactions in individual listed securities Discount on purchase fee on transactions in Landsbréf hf.
funds Discount on custody fee Management fee Management fee - minimum fee Discount on transaction fee for transactions in individual listed securities Discount on purchase fee on transactions in Landsbréf hf.
funds Discount on custody fee Page 6 of 8 0,20% - 0,60% ISK 60,000 0,20% - 0,60% ISK 150,000 0,20% - 0,60% ISK 60,000 0,20% - 0,60% ISK 150,000 50.00% 100.00% 100.00% 50.00% 100.00% 100.00% 50.00% 100.00% 100.00% 50.00% 100.00% 100.00% 0.00% 0.00% 0.35% 0.00% 0.55% ISK 450 ISK 225 ISK 100 ISK 1,500 0.00% 0.027% 0.038% 0.059% 0.032% ISK 2,900 ISK 4,500 ISK 7,500 ISK 590 ISK 750 ISK 750 ISK 800 ISK 150 ISK 15,000 Negotiable - minimum ISK 3,000 2,500 kr.

2.500 SEK 2,500 kr.

8,500 kr.

2,500 kr.

2,500 kr.


3,000 kr.

ISK 0 ISK 300 ISK 0 1.00% ISK 300 ISK 1,200 ISK 0 1.00% ISK 1,200 0.00% 3.00% ISK 100 ISK 0 1.75% ISK 300 1.75% ISK 300 ISK 0 ISK 300 ISK 300 ISK 300 ISK 1,200 15.4.

Fees that apply to pension savings 15.4.1.

Management fee of pension fund Íslenski lífeyrissjóðurinn* 15.4.2.

Management fee for Lífeyrisbók pension savings accounts 15.4.3.

Management fee for Lífeyrissparnaður erlend verðbréf 15.4.4.

15.4.5.
15.4.5.

Transfer fee - transfer to other custodian Transfer fee - transfer to other pension savings scheme * Performance-linked commission is calculated as a percentage of returns in excess of a set limit and can be 0.10% of net assets at a maximum 15.5.

Transaction charges 15.5.1.

15.5.2.

15.5.3.

15.5.4.

Transaction charge for securities transactions in ISK Transaction charge on equities and fund transactions in online banking Transaction for subscription to Landsbréf hf.
UCITS Transaction charge for securities transactions in foreign currency Charges levied on transactions in currencies other than Icelandic krónur (ISK) are charged in the transaction currency based on the exchange rate of each currency and the ISK at the beginning of each month Landsbankinn products and Landsbréf funds Securities and funds in Iceland Securities and funds in the Nordic region Securities and funds in other European countries Securities and funds outside Europe 15.6.

Custody fee 1) 15.6.1.


15.6.2.

15.6.3.

15.6.4.

15.6.5.

15.6.6.

Minimum fee, individuals 15.6.7.

Minimum fee, legal entities 1) The custody fee is calculated monthly and collected once yearly, at the beginning of each year for the previous year 15.7.

Other fees 15.7.1.

15.7.2.

15.7.3.

15.7.4.

15.7.5.

15.7.6.

15.7.7.

15.7.8.

Investment advice Assignment of securities Pledge per Id./Reg.No.
Delivery of securities Delivery of foreign securities from custodian Corporate actions (dividend payments etc.)

Contract work at a request by customer, per hour Other requests 15.8.

Conversion of shares Arion banki hf.

- ARION shares Arion banki hf., foreign custodian cost 15.8.1.

15.8.2.

15.8.3.

Marel hf.

- MAREL shares 15.8.4.

Marel hf., cost at Arion banki 15.8.5.

15.8.6.

15.8.7.

Amaroq Minerals Ldt.

* - AMRQ shares Alvotech - ALVO shares Alvotech, cost at Nasdaq CSD.
* Cost at foreign custodian will be added to the fee 16.

Cash transactions 16.1.

Companies and individuals 16.1.1.

16.1.2.

16.1.3.

16.1.4.

16.1.5.

16.1.6.

16.1.7.

16.1.8.

16.1.9.
Deposit of cash in an ATM to a Landsbankinn account Deposit of cash in an ATM to a non-Landsbankinn account Domestic withdrawal from a Landsbankinn ATM from a bank account, Landsbankinn customer Domestic withdrawal in a Landsbankinn automatic teller machine from a bank account with another bank/savings and loan association Minimum Cash deposit by a Landsbankinn employee to a non-Landsbankinn account* Cash withdrawal by a Landsbankinn employee from a Landsbankinn account** Cash withdrawal by a Landsbankinn employee from a non-Landsbankinn account* Minimum Counting of coins*** 16.1.8.1.
16.1.8.2.

Sale of currency, per package Counting of coins, deposited to Landsbankinn account Counting of coins, not deposited to Landsbankinn account 16.1.10.

Buying and selling of foreign notes (note exchange) are done using the current note rate of Landsbankinn at each time 16.1.11.

Withdrawal of foreign currency from domestic foreign currency accounts in the same currency as the foreign currency account Minimum 16.1.12.
Withdrawal of foreign currency from domestic foreign currency accounts in another currency than the foreign currency account**** Minimum 16.2.

Individuals 16.2.1.

16.2.2.

16.2.3.

Cash deposit by Landsbankinn employee to Landsbankinn account* Deposit of foreign currency to a foreign currency account in the same currency Deposit of foreign currency to a foreign currency account in another currency Conversion of currency is done using the current note rate 16.3.

Companies 16.3.1.

16.3.2.
Cash deposit from legal entity to a Landsbankinn account, per deposit***** Cash deposti from legal entity by a Landsbankinn employee, per deposit** * For time-consuming cash deposits carried out by a Landsbankinn employee to non-Landsbankinn accounts, labour costs are added ** For time-consuming cash deposits carried out by a Landsbankinn employee, labour costs are added *** No charge for counting coins from children’s moneyboxes **** Conversion of currency is done using the current note rate of Landsbankinn at each time ***** This fee is not charged in branches that do not have deposit ATM, provided the customer leaves the deposit in a deposit bag/case along with a completed settlement form in the indicated deposit box, and does not wait for an employee to process the deposit Page 7 of 8 17.
Various other services 17.1.

Mailing of receipts or other documents with general postal service or e-mail 17.2.

Simple transaction summary for individuals 17.3.

Summary for annual financial statement 17.4.

Statement on the finances of a person and company, loan commitments etc.

17.5.

17.6.

Giro service Lookup in Registrar of Companies (CreditInfo) and delivery to customer 17.6.1.

17.6.2.

17.6.3.
17.6.2.

17.6.3.

Payment fee per each paid slip (A, B and BB giro) C giro slip (slip- and payment fee) Refund for damaged C giro slips, sales price less ISK 15 17.7.

For services not paid for in any other way, hourly rate General work Minimum ISK 150 ISK 250 ISK 2,000 ISK 1,200 ISK 2,000 ISK 95 ISK 120 ISK 7,500 ISK 4,000 Work that requires a greater level of experties must be agreed upon separately 17.8.
Escrow deposit (depositum)* * The fee for deposits to multiple escrow accounts is 1% of the total sum of deposits, yet no less than ISK 25,000.

17.9.

Handling cost for establishing new business relationship with foreign clients 1% of the total deposit, yet no less than ISK 25,000.

17.9.1.

Handling cost for establishing new business relationship with foreign clients/legal entities domiciled abroad (application for Id.

No., KYC etc.).

Includes cost of applying for new Id.

No.


with the Nationla Registry* Min.

ISK 50,000 17.10.

Information search; for transaction document or older data and photocopying, each transaction Express service Time-consuming information search incur time-based charges 17.11.

Loyalty programmes 17.12.1.

360° advisory service for members of Varðan and Náman 17.12.

Night safe 17.12.1.

Initial fee for box 17.13.


Higher-level control based on risk assessment pertaining to measures to prevent money laundering and terrorist financing* * In the case of especially time-consuming work, a service charge is added in accordance with the item “General work” ISK 400 ISK 500 ISK 0 ISK 3,000 Min.

ISK 80,000 This Tariff of Charges is effective as of 14 September 2023, replacing the Tariff dated 14 June 2023 Landsbankinn hf.

Page 8 of 8