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RCB Bank Ltd, Luxembourg Branch, offers a wide range of products and services for individual clients.

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RCB Bank Ltd, Luxembourg Branch, provides high standard banking services to corporate clients with business interests in Luxembourg, Cyprus and other EU countries.

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RCB Branch in Luxembourg is a part of RCB Bank Ltd, a European financial institution with over 20 years of history.

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Changes in Commissions and Charges for corporate and individual clients

06.10.2016

Dear client,

We would like to inform you that, with effect from 6th of December 2016, RCB Bank Ltd, Luxembourg Branch introduces changes in Commissions and Charges for corporate and individual clients.

Please note that all other existing Commissions and Charges of the Bank remain unchanged.

CORPORATE CLIENTS
Current account maintenance
Account opening fee Free
Annual account maintenance fee 240 EUR (60 EUR charged per quarter)
Payments/Transfers
Outward SEPA transfers
(up to 50.000 EUR)1
Value date - T+1 (provided that payment is received by the Bank before official cut-off time).
Charge option - only SHARED 		5 EUR per transfer
Manual processing of internal transfers (to other clients of the Bank) received on paper/fax 8 EUR
Internal transfers through
RCB Online Banking 		Free
Creating or amending of a standing order2 6 EUR
Communication charges
Courier abroad 60 EUR
Postages in Luxembourg 10 EUR
Other services
Blocking certificate 200 EUR
Account reservation 100 EUR
Corporate file update/Account renewal upon client request 50 EUR
Bank reference letter 100 EUR
Hold mail 400 EUR (100 EUR charged per quarter)
RCB Online Banking Free
First and second issued OTP token Free (2 tokens per client)
Additional/replacement of OTP token 25 EUR third and each consecutive
Test keys codes 100 EUR (charged annually)
Cards fees and parameters

Credit card Debit card
Main card annual fee 50 EUR 50 EUR
Supplementary card annual fee 50 EUR 50 EUR
Card re-issue/replacement 50 EUR 50 EUR
Card and PIN mailing to client’s address 70 EUR 70 EUR
Annual interest rate 10% Not applicable
Monthly interest on credit not repaid on time 2% Not applicable
Commission for exceeding the established card’s credit limit 2% on excess amount Not applicable
Foreign exchange commission (for non-Euro transactions) 2,5% on transaction amount 2,5% on transaction amount
Daily transaction limit (set by default and may be changed upon client request) 20.000 EUR 20.000 EUR
Daily limit for card not present transactions (internet purchases and other card not present transactions) - set by default and may be changed upon client request 10.000 EUR 10.000 EUR
Monthly limit for card not present transactions (internet purchases and other card not present transactions) for cards with no SMS-Notice service activation - set by default and may be decreased upon client’s request 200 EUR 200 EUR


CORPORATE AND INDIVIDUAL CLIENTS
Custodian services
Maintenance of custody account (portfolio)
Safe-keeping charge
(charged quarterly)3		 0,15% p.a. (min. 100 EUR per year)
Monthly maintenance of segregated account for a client with sub-custodian (Euroclear, Clearstream, VTB), per
sub-custodian account		 Monthly maintenance is paid based on individual invoices
Custodian transfers
Transfer of securities DVP or FOP to/from external custody 50 EUR
Change or cancellation order in external custody 15 EUR
Corporate actions (CA), taxation
Forwarding notifications of CA obtained from
sub-custodians/issuers to a client		 Free
Client initiated requests for information on CA to a
sub-custodian		 50 EUR per request
CA initiated by the issuer
e.g. additional issue/exchange of securities, repurchase after liquidation, liquidation etc.		 Free
CA/disclosures to the issuer, at the client’s discretion for request: capital increase, IPO, exchange offer, conversion, exercise of warrants, optional dividend, reinvestment funds and other 50 EUR per instruction
CA at the client's discretion for voting instructions 50 EUR per voting instruction
Certification of client’s holdings for relevant markets through
sub-custodian		 50 EUR per certification
Assistance in obtaining tax relief under a Double Taxation Treaty directly from an issuer Charged individually per client’s request on a case by case basis, min. 50 EUR, max. 250 EUR
Other custodian services4
Manual processing of custodian instructions received on paper/fax 20 EUR
Transfer of income to a client’s account to third banks Charged as per tariff for Payments/Transfers
Obtaining statement from external custodian upon request 50 EUR per statement
Additional portfolio statement (any statement requested by client in addition to monthly portfolio statement) 5 EUR per additional statement
Brokerage services
Bonds
Less than 10m USD5 0,125% (min. 150 USD)
More than 10m USD5 0,0625%
Equities
Less than 100.000 USD5 0,25% (min. 200 USD)
100.000 — 999.999 USD5 0,20%
1m — 10m USD5 0,15%
More than 10m USD5 Determined individually
REPO for bonds and equities
For period less than 45 days 0,25% p.a.
For periods 45-180 days 0,50% p.a.


INDIVIDUALS
Communication charges
Additional statement or SWIFT (by fax or e-mail) 4 EUR
Courier abroad 60 EUR
Postages in Luxembourg 10 EUR
Other services
Certificate of balances and/or interest 5 EUR per each account
Additional OTP token 10 EUR second and each consecutive
Cards fees and parameters

Credit card Debit card
Supplementary card annual fee 20 EUR first and each consecutive 20 EUR first and each consecutive
Annual interest rate 12% Not applicable
Monthly interest on credit not repaid on time 2% Not applicable
Commission for exceeding the established card’s credit limit 2% on excess amount Not applicable
Foreign exchange commission (for non-Euro transactions) 2,5% on transaction amount 2,5% on transaction amount
Daily transaction limit (set by default and may be changed upon client request) 10.000 EUR 10.000 EUR
Daily limit for card not present transactions (internet purchases and other card not present transactions) - set by default and may be changed upon client request 10.000 EUR 10.000 EUR
Monthly limit for card not present transactions (internet purchases and other card not present transactions) for cards with no SMS-Notice service activation - set by default and may be decreased upon client request 200 EUR 200 EUR

1SEPA area: EU countries, Norway, Lichtenstein, Iceland, Switzerland and Monaco.
2All transfers executed as per a standing order will be charged according to Commissions and Charges of RCB Bank Ltd, Luxembourg Branch.
3Charge is accrued on market value of client’s holding. In case market value is not available, the nominal is used for bonds, for shares a default price of 2 EUR per share is applied. Standard safekeeping tariff is applicable for international securities, US, GB, IE, RU. Safekeeping of securities in other local markets may involve additional costs.
4The third parties charges (Global Depositary Receipt (GDR) agency fees, notary, postage etc.) are to be reimbursed by the client at cost.
5Or equivalent in applicable currency.

Where a fee or charge is levied in a currency other than the currency of the account, the above commissions and charges are converted into the relevant currency equivalent at the Bank’s exchange rate.

For more information, please contact RCB Telephone Banking: 800 62 722 (toll-free in Luxembourg), +357 25 355 722 (for calls from abroad), 800 00 722 (toll-free in Cyprus),
8 800 100 7722 (toll-free in Russia).

Yours faithfully,
RCB Bank Ltd, Luxembourg Branch



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