Precious Metals Account (non-physical) 
 

Outgoing transfers (XAU)
Type of transfer Charges
covered by
 
NORVIK BANKA charges Additional charges
Ordinary transfer
to be executed on the third business day after transfer is submitted to the bank (Т+3)
Beneficiary 50 LVL Deducted (including from the transfer’s amount) by Intermediary bank, in case Client’s account requires the Precious Metals (non-physical) transfer between the financial settlements centers in Zurich and London (Loco Zurich to Loco London)
Remitter 50 LVL + add.charges Covered by remitter upon intermediary bank request

Incoming transfers (XAU)
Type of transfer NORVIK BANKA charges Additional charges
Incoming 5 LVL Deducted (including from the transfer’s amount) by Intermediary bank, in case Client’s account requires the Precious Metals (non-physical) transfer between the financial settlements centers in Zurich and London (Loco Zurich to Loco London)

Book transfers (XAU)
Type of transfer NORVIK BANKA charges Additional charges
Book transfer
To be executed on the business day when transfer is submitted to the bank (Т), if a transfer was submitted on working days and saturdays from 09:00 till 18:00 (bank office) or till 21:00 (internetbanking); otherwise – transfer is executed on the next business day (Т+1)
free of charge -

Precious Metals Account Maintenance *
Service Charges
1. Account opening free of charge
2. Account maintenance 0,25 % p.a. on daily balance on the account
3. Account statements free of charge
4. Cancellation, investigation and amendment of transfer details 50 EUR

* To be debited on monthly basis, on the last day of the month