Factoring services are provided by both Luminor Bank AS Lithuanian Branch and Luminor Lizingas UAB
Fee
Agreement fee, amendment of agreement conditions (including adding/removing buyers/suppliers)On agreed basis, at least EUR 100 + VAT
Minimal invoice administration/acceptance fee EUR 3 + VAT per invoice
Setting the buyer's limit/renewal the buyer's limit (by extending the agreement)45 Eur + VAT per buyer
Repeated sending of invoices (at the customer's request)EUR 5 + VAT per unit
Refunding for non-financed amountsEUR 10 + VAT per refund
Preparation of statements for audit and other statements/letters*EUR 30 + VAT for each certificate/letter
Additional fee for issuing a Bank statement at the customer's request within a period not longer than 3 business daysEUR 15 + VAT for each certificate/letter
Presentation of copies of documentsEUR 15 + VAT for each document


*Bank statements are issued within 10 business days.