Fee schedule and cut-off times applying to International Payments Norway January 2010
Account services and reporting Type Charges Account maintenance fee Confirmation of balances NOK 270 Audit requests by banks and/or their auditors NOK 500 min. Posting fee Interest conditions Credit interest Debit interest Interest is calculated on the basis of 365 (366)/360 days and is payable quarterly. Danske Bank does not give notice of changes in interest rates. Reporting Type Release time (CET) Charges MT900 when debit entry has been posted MT910 when credit entry has been posted MT940 02.00am on the following banking day MT942 as per request MT950 02.00am on the following banking day Statements sent by fax NOK 270 Quality reports as per request NOK 550 Quality reports older than six months as per request NOK 1,220 January 2010 2
International incoming customer transfers MT10N Fees Danske Bank Group adheres to resolution 092/05 issued by the European Payments Council regarding mandatory use of BIC and IBAN, resolution 1781/2006 regarding mandatory remitter details on cross-border payment instructions as of January 1, 2007 and Directive 2007/64/EC the Payment Services Directive as of November 1, 2009. EU standard transfer: the payments do not exceed EUR 50,000 the charge code is SHA correct SWIFT BIC in field 57A correct IBAN account number in field 59 Charges in regard to payments meeting the criteria set out in the Payment Services Directive (PSD) in favour of own clients are charged up front. Forwarding fees in respect of clients of other banks are charged to remitting bank as per best practise. Other non-psd payments with the code SHA or BEN specified in field 71A of the S.W.I.F.T. message are free of charge for your bank, except for possible repair charges. Charges for the beneficiary are deducted from the amount indicated in field 32A. We charge fees separately to your account when processing OUR payments. If the beneficiary s bank is situated outside the Nordic region, it may charge our account. Danske Bank will then claim a refund from the remitting bank. Cut-off times EU/EEA currencies and USD 13.45CET V Other currencies 13.45CET V-1 Prices Own clients EU-standard transfer free of charge Standard transfer (SHA) free of charge Standard transfer (OUR) NOK100 Intercompany transfer (INTC)(OUR) NOK 100 Clients of other banks Standard PSD transfer NOK 20 Standard non PSD transfer (OUR) NOK 100 Additional non-stp charge irrespective of fee option DKK 60 (deducted in DKK) Received in forms other than SWIFT NOK 150 Phone advice NOK 50 PSD value dating: Own clients: No currency conversion value same day Currency conversion NOK/EUR vice versa value same day Currency conversion other currencies value next business day Non-PSD and client of other banks: Value next business day Transfers indicating a valid account number in field 59 are effected in favour of that account. Danske Bank does not verify whether the account number corresponds to the customer name. January 2010 3
Bank-to-bank transfers MT20N Cut-off times In-house book transfers (STP) Transfers through local clearing Transfers in EUR Prices STP transfers in NOK STP transfers in EUR 16.00CET 15.30CET 15.30CET Manuel processing Value dating: If received correctly formatted by SWIFT before the mentioned cut-off times, transfers are effected for value same day. For further information regarding STP formatting requirements, indication of IBAN account numbers, BIC addresses etc., please refer to: http://www.danskebank.com/enuk/prodserv/institutional/international-payment-processing/pages/stp-format-requirements.aspx Investigations MT10N/MT20N Adjustment of value date leading to payment of interest NOK 1,100 plus interest Cancellations/amendments NOK 440 Investigation of transfers NOK 440 (not exceeding two months) Investigation of transfers NOK 870 (exceeding two months) Investigation of transfers NOK 1,600 (exceeding six months) We charge an hourly fee for very time-consuming investigations. Requests for value date adjustments between accounts in Danske Bank or other requests for compensation must be made within 180 days from the statement date. We offer same day cancellation of MT20N provided that you send a correctly formatted MT292 before 08.00 CET on value day. This service is free of charge. Requests for cancellation of MT20N received after cut-off time are handled on a best effort basis. Danske Bank sends out confirmations upon request and against a fee. Requests for cancellation of MT10N transfers in foreign currency where the amount has been converted are returned in the currency received. Conversion is made on the basis of Danske Bank s selling rate for the currency in question on the day of return. An MT10N is final once Danske Bank has credited the beneficiary's account/beneficiary's bank or advised the beneficiary of the payment. Danske Bank may do this prior to the value date specified in field 32A. After this time, Danske Bank can reverse the amount with beneficiary's consent only. January 2010 4
Cheques Cheque remittances received for immediate credit and subject to final payment Item Charges Value In NOK drawn on Fokus Bank or other NOK 75 One day after receipt Norwegian bank (per cash letter) Cheques received for collection in NOK or foreign currency (final payment) Investigations/cheque copies (not exceeding one month) Investigations/cheque copies (exceeding one month) Investigations/cheque copies (exceeding six months) Stop payment/unpaid items Cut off time14.00 2.5% min. min. NOK 500 max. NOK 5,000 NOK 500 NOK 1,000 NOK 1,500 NOK 300 Please forward cheques including details settlement instructions to: Fokus Bank Vestre Rosten 77 N-7466 Trondheim Norway Five days after receipt A cheque is considered final seven days after receipt in Danske Bank with exceptions only in case of forgery and fraudulent endorsement. If the cheque proves to be forged or fraudulent at a later date, Danske Bank reserves the right to withdraw funds from the remitting bank s account. Issuance of NOK bank drafts drawn on your account with us: Formatting The preferred cheque format is 20-22 cm wide and 8-10 cm high and with the remitting bank s account number (ten digits) printed on the front. Danske Bank accepts cheques assigned with own cheque numbers. Control digits are not used and pre-encoded lines are not necessary. There are no volume restrictions. Danske Bank requires an MT110 for each cheque issued. Cheques presented through the retail branch network are debited the remitting bank s account value on the same day. Stop payment Danske Bank requires an MT111 before 12.00 CET and are confirmed by MT112. A stop payment is valid for one year. Stamp duty No stamp duty applies. January 2010 5
Where can you find us: Danske Bank A/S Financial Institutions International Customer Support 2-12 Holmens Kanal Tel: +45 45 12 83 18 Tel: +45 45 14 35 50 DK - 1092 Copenhagen K Fax: +45 33 44 06 20 Fax: +45 70 12 10 80 DENMARK Tel: +45 33 44 00 00 Incoming payments: Interbank payments: Fax: +45 70 12 10 80 Tel: +45 45 14 61 63 Tel: +45 45 13 99 92 SWIFT: DABADKKK Fax: +45 45 14 99 31 Fax: +45 43 52 71 40 Fokus Bank ASA Your single point of contact is Danske Bank, Copenhagen. Vestre Rosten 77 N-7466 Trondheim NORWAY Tel: +47 72 90 72 00 Fax: +47 72 90 72 61 SWIFT: DABANO22 Danske Bank, Sweden Your single point of contact is Danske Bank, Copenhagen. Box 7523 S-103 92 Stockholm SWEDEN Tel: +46 7 524 818 00 Fax: +46 8 561 616 00 SWIFT: DABASESX Sampo Bank Plc Your single point of contact is Danske Bank, Copenhagen. Unioninkatu 22 FIN-00075 Helsinki FINLAND Tel: +358 10 513 3759 Fax: +358 10 513 3766 SWIFT: DABAFIHH National Irish Bank Your single point of contact is Danske Bank, Copenhagen 3 Roor, International House, 3 Harbourmaster Place, IFSC, Dublin 1 IRELAND Tel.:+353 1 484 0000 Fax:+353 1 438 5776 SWIFT: DABAIE2D We invite you to visit our web site at www.danskebank.com where you will find extensive information in regard to SWIFT format requirements, Danske Bank s General Conditions, Danske Bank s policies and procedures in regard to Know Your Customer, Anti- Money Laundering and the prevention of terrorist financing. January 2010 6