Osobní finance

Private individuals - VIII. Stocks services

Note: This is a historical version of the List of Tariffs and Fees of ?eská spo?itelna valid from 01.06.2011 to 30.06.2011. Currently valid versions of the List are available at another part of our web.
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1.  Stock exchange trading and related services

ItemTextPrice (CZK)
1.1. Conclusion of commission contract free of charge
1.2. Asset account at Central Securities Depository Prague , a.s.
1.2.1. account opening

100

1.2.2. safekeeping in the folow up records of CS
1.2.2.1. Czech quoted equities, foreign equities and foreign Bonds in the Follow up records of the Central Securities Depository
1.2.2.1.1. Average value of assets  lower than CZK 1 million 0.06% p.a.
1.2.2.1.2.Average value of assets higher than CZK 1 million and lower than CZK 3 million 0.05% p.a.
1.2.2.1.3.Average value of assets higher than CZK 3 million and lower than CZK 10 million 0.04% p.a.
1.2.2.1.4.Average value of assets higher than CZK 10 million and lower than CZK 30 million 0.03% p.a.
1.2.2.1.5. Average value of assets higher than CZK 30 million 0.02% p.a.
1.2.2.2. Czech Bonds
1.2.2.2.1. Average value of assets  lower than CZK 1 million 0.008% p.a.
1.2.2.2.2. Average value of assets higher than CZK 1 million and lower than CZK 3 million 0.006% p.a.
1.2.2.2.3. Average value of assets higher than CZK 3 million and lower than CZK 10 million 0.004% p.a.
1.2.2.2.4. Average value of assets higher than CZK 10 million and lower than CZK 30 million 0,003% p.a.
1.2.2.2.5. Average value of assets higher than CZK 30 million 0.002% p.a.
1.2.2.3. Other non-quoted securities
1.2.2.3.1. Average value of assets  lower than CZK 1 million 0.16% p.a.
1.2.2.3.2. Average value of assets higher than CZK 1 million and lower than CZK 3 million 0.13% p.a.
1.2.2.3.3. Average value of assets higher than CZK 3 million and lower than CZK 10 million 0.10% p.a.
1.2.2.3.4. Average value of assets higher than CZK 10 million and lower than CZK 30 million 0.08% p.a.
1.2.2.3.5. Average value of assets higher than CZK 30 million 0.06% p.a.
1.2.3. account cancellation 100
1.2.4.change of information relating to the Asset Account in CSD100
1.2.5. assignment of AIN (NID)
450
1.3. Arrangement of stock purchase or sale (fees shown in percentages are calculated from the volume of realized trades)
1.3.1. order placement free of charge
1.3.2. order cancellation free of charge
1.3.3.AOS (KOBOS/AUCTION)
1.3.3.1. over CZK 5,000,000

individually priced, maximum 0.3%

1.3.3.2. CZK 1,000,000 to CZK 5,000,000 inclusive 0,4%
1.3.3.3. CZK 500,000 to CZK 999,999 inclusive 0,6%
1.3.3.4. CZK 0 to CZK 499,999 inclusive

0.8% minimum 300

1.3.4. SPAD (1 lot)

0.2%, maximum 5,000 for every even partial lot

1.3.5.Deal settlement AOS/SPADfree of charge
1.4. Other items
1.4.1. sending of reports on effected and non-effected transactions free of charge
1.4.2. fee for suspended transaction caused by the client (for each day of suspension)

800

1.4.3. Fee for procurement of payment of proceeds from foreign securities registered at Central Securities Depository Prague , a.s. free of charge
1.4.4. Transfer of securities between Česká spořitelna clients listed in the linked register of  Česká spořitelna, a.s. (both of the clients have securities listed in this linked register), a fee is charged on the debit side only 100 per ISIN
1.4.5 Transfer of securities listed on the regulated market of the Prague Stock Exchange and recorded in the Central Securities Depository Prague – to the client’s account listed in the linked register or  to the client’s account managed by Česká spořitelna, a.s.

150 per ISIN

1.4.6 Transfer of securities that are not listed on the regulated market of the Prague Stock Exchange and are recorded in the Central Securities Depository Prague – to the client’s account listed in the linked register or  to the client’s account managed by Česká spořitelna, a.s.

500 per ISIN

1.4.7 Transfer of securities from the client’s account listed in the linked register of Česká spořitelna, a.s. or from the client’s account recorded in the Central Securities Depository Prague managed by Česká spořitelna, a.s. to the account of another client or  to the client’s account managed by another CSD participant

800 per ISIN

1.4.8transfer of securities recorded at Central Securities Depository Prague, a.s. between two  accounts of the same owner - both accounts managed by Česká spořitelna, a.s.free of charge
1.4.9. Transfer of securities listed on the regulated market of the Prague Stock Exchange and recorded in the Central Securities Depository Prague from an unassigned account to the client’s account listed in the linked register of Česká spořitelna, a.s. or to the client’s account managed by Česká spořitelna, a.s. 150 per ISIN
1.4.10. Transfer of securities that are not listed on the regulated market of the Prague Stock Exchange and are recorded in the Central Securities Depository Prague from an unassigned account to the client’s account listed in the linked register of Česká spořitelna, a.s. or to the client’s account managed by Česká spořitelna, a.s. 500 per ISIN
1.4.11. Transfer of all securities within one client that are recorded on the client’s asset account in the Central Securities Depository Prague to the holder’s asset account listed for the client in the linked register of  Česká spořitelna, a.s.,  a fee is charged on the debit side only 100 per ISIN

2.  Foreign market trading

ItemTextPrice (CZK)
2.1. Conclusion of a brokerage contract

free of charge

2.2. Arrangement of STOCK, ETFs (exchange traded funds) and ETCs (exchange traded commodities) purchase or sale - fees are charged as a percentage of the volume of executed trades

 

2.2.1.placement of orderfree of charge
2.2.2.cancellation of orderfree of charge
2.2.3.France0,90% min. EUR 23
2.2.4.Japan0,90% min JPY 3350
2.2.5.Germany

0,90% min EUR 23

2.2.6.Poland

0,90% min PLN 100

2.2.7.Austria0,90 min EUR 23
2.2.8.USA

0,60% min USD 20

2.2.9.United Kingdom0,90% min GBP 23
2.3. Securities administration (fees are charged as a percentage of market value - as of the last day of the quarter - of securities held in administration as of the last day of the quarter, the fees are payable quarterly)
2.3.1. France 0.01700% for each quarter for 1 ISIN *), min. EUR 2.00
2.3.2.Japan0.04800% for each quarter for 1 ISIN *), min. JPY 300
2.3.3.Germany

0.01700% for each quarter for 1 ISIN *), min. EUR 2.00

2.3.4.Poland

0.04800% for each quarter for 1 ISIN *), min. PLN 5.00

2.3.5.Austria0.01700% for each quarter for 1 ISIN *), min. EUR 2.00
2.3.6.USA

0.04800% for each quarter for 1 ISIN *), min. USD 2.00

2.3.7.United Kingdom0.04800% for each quarter for 1 ISIN *), min. GBP 2.00
2.4. Collection of revenues (dividends)

third party fees

*) if 1 ISIN is registered with more depositories, the fee shall be paid separately for each such registration

3.  Open-end mutual funds unit trading

ItemTextPrice (CZK)
3.1. Share certificates purchase
3.1.1. Erste Group Bank share funds (ISČS, REICO, ESPA)

 

3.1.1.1. Money market funds

0.30%

3.1.1.2. Konzervativní mix FF
Bond funds
Fond řízených výnosů

1.00%

3.1.1.3. Vyvážený mix FF
Dynamický mix FF
Osobní portfolio 4
PLUS
REICO property fund
 

1.50%

3.1.1.4. Life cycle funds

2.50%

3.1.1.5. Equity funds
Akciový Mix FF

3.00%

3.1.1.6. ESPA ČS Zajištěné fondy
OPF AR 0 private banking fund
OPF AR 25 private banking fund
OPF AR 50 private banking fund
OPF AR 75 private banking fund

according to selling informations

3.1.1.7. discount for open-ended fund purchases via S24 - when submitting an order through the Savings and investments" tab **)

10% from the acquired transaction fee

3.1.1.8.Discount for the regular monthly investments based on number of monthly investments. The discount is applicable with the minimum of CZK 1000 investment **)
3.1.1.8.1.I.zone     1. to 12.discount 0%
3.1.1.8.2.II.zone    13. to 36.discount 25%
3.1.1.8.3.III.zone   37. and morediscount 50%
3.1.2. third party funds *)
3.1.2.1. ING, Credit Suisse, Fortis, Franklin Templeton, HSBC, Parvest, WIOF
3.1.2.1.1. money market 0.50%
3.1.2.1.2. bond market 2.50%
3.1.2.1.3. equity market 4.00%
3.1.2.2.ING stock market3.00%
3.1.2.3. Hedged funds

according to the selling information

3.2. Buy-back of units
3.2.1. all funds except of hedged funds free of charge
3.2.2. hedged funds

based on sales information

3.3. Transfer of fund units within one investment
3.3.1. ISČS funds
3.3.1.1. switching to a target fund with a higher sales arrangement fee

difference between sales fees of the subject funds

3.3.1.2. switching to a target fund with a lower or an equal sales fee free of charge
3.3.2.third party funds, including ESPA difference between the switched category entry fees
3.4. Investment Instrument Asset Account (MUIN)
3.4.1. opening, maintenance, and closing free of charge
3.4.2. sending of Transaction Summary free of charge
3.4.3. sending of Portfolio Summary or Extract from Independent Investment Instrument Records free of charge

*) With third-party funds, the maximum fee is subject to the prospectus of the particular fund
**) discounts don´t added up, higher discount is applied

4.  Asset management

  • fees are determined on an individual basis

5.  Securities custody, management and depositing

ItemTextPrice (CZK)
5.1. Deposit account (securities account)
5.1.1. deposit account opening and maintenance – annual fee 30
5.1.2. collection of securities from the central deposit of the Stock Exchange Securities Register (does not directly relate to the settlement of a securities trading transaction)

500 per offering, maximum 1,000

5.1.3. failure to collect the securities within a date specified in advance

0.5% per day from the total nominal value, minimum CZK 100 per day

5.2. Securities custody
5.2.1. for accepting securities into custody *)
5.2.1.1. bulk

to 0.5% from the total nominal value, however, at minimum 30 per securities offering (per ISIN) +20% VAT

5.2.1.2. separate

to 1.0 % from the total nominal value, however, at minimum 100 per securities offering (per ISIN) +20% VAT

5.2.2. annual fee for the custody of securities**)
5.2.2.1. bulk

to 0.4% from the total nominal value, however, at minimum 30 per securities offering (per ISIN) +20% VAT

5.2.2.2. separate

to 0.8 % from the total nominal value, however, at minimum 100 per securities offering (per ISIN) +20% VAT

5.3. Securities management
5.3.1. for accepting securities into custody *)

to 0.6% from the total nominal value, however, at minimum 40 per securities offering (per ISIN)***)

5.3.2. annual fee for the custody of securities**)

to 0.5% from the total nominal value, however, at minimum 40 per securities offering (per ISIN)***)

5.3.3. for securing and arranging collection

to 0.3% from the total nominal value, however, at minimum 50 per securities offering (per ISIN)***)

5.4. Deposition of securities (custody associated with management)
5.4.1. for accepting securities into deposition*)
5.4.1.1. bulk

to 0.8% from the total nominal value, however, minimum 50 per securities offering (per ISIN) +20% VAT

5.4.1.2. separate

to 1.5 % from the total nominal value, however, at minimum 100 per securities offering (per ISIN) +20% VAT

5.4.2. annual deposition fee **)
5.4.2.1. bulk

to 0.6% from the total nominal value, however, at minimum 50 per securities offering (per ISIN) +20% VAT

5.4.2.2. separate

to 1.3% from the total nominal value, however, at minimum 100 per securities offering (per ISIN) +20% VAT

5.4.3. arrangement of security yields
5.4.3.1. bulk

to 3% from the yield, however, at minimum 20 per securities offering (per ISIN)

5.4.3.2. separate

to 3% from the yield, however, at minimum 30 per securities offering (per ISIN)

5.4.4. arrangement of security principal collection
5.4.4.1. bulk

to 0.5% from the total nominal value, however, at minimum 30 per securities offering (per ISIN)

5.4.4.2. separate

to 1.0% from the total nominal value, however, at minimum 50 per securities offering (per ISIN)

*) This fee applies to the period from the acceptance of securities until 31st December of the respective year.
**) This fee applies to the period of the year following the acceptance of the securities as well as to successive years, at all times based on the state as at 31st December of the respective year.
***) Where, pursuant to Section 36 and 37 of the Securities Act and Act No. 513/1991 Coll., the

Commercial Code, an agreement on domestic (foreign) securities management and on securities transaction settlement stipulates separate fees for:

  • Arranging the collection of security yields, it shall be deemed as remuneration for a tax exempt activity;
  • Whereas for other activities, it shall bee deemed as remuneration for taxable fulfilment subject to 20% VAT.

If no separate fees for the arrangement of the collection of security yields and for other activities are specified by the agreement, the total fee for securities management stipulated by the Agreement on Securities Management shall be deemed as remuneration for performance, which is considered as a tax exempt activity.

6.  Other capital market services

ItemTextPrice (CZK)
6.1. Procurement of the Statement of accounts kept by the Central Security Depository

380

6.2. Settlement of heritage
6.2.1 Service charge for acceptance of the Request for heritage settlement applied for each heritor. (This regards all investment instruments both in the Registry of CS and  in the Registry of Central Security Depository) 400
6.2.2. The charge for each transferred ISIN in the Registry of Central Security Depository   *) 300
*) The client transfers the advance of CZK 2100 on his/her investment account. CS will charge the amount equal to the multiple of this fee and the number of ISIN transferred on the date of settlement. Maximum charge will not be higher than the advance amount. 

7.  Securities portfolio management

  • for selected clients the fees are determined on an individual basis

8.  Common and other items

ItemTextPrice (CZK)
8.1. Direct sale of Česká spořitelna, a.s. equity securities

0 up to 200

Prices quoted in CZK

Apart from the fees for services specified in the List of Charges, also other expenses (e.g. expenses of other banks and institutions) are charged. The fees are paid in cash during the provision of services or debited to the applicable account, however, such fees shall be settled not later than upon account closing and/or at the end of the year. Upon request, Česká spořitelna shall issue a receipt for fees paid in cash.

Additional fees charged for services provided by Česká spořitelna, a.s. are detailed in other parts of the List of Charges.

In exceptional cases, the bank may provide a discount from the specified fee.

If services that are subject to VAT are provided to persons registered for VAT in another Member State or to a foreign individual liable to taxation, the tax liability (place of performance) lies outside the country and the fee therefore is not subject to VAT.

This List of Charges shall become valid as of 1 June 2011 and any amendments hereto shall be published at the branches of Česká spořitelna, a.s.

Done in Prague on 24 May 2011

Ing. V. Jiří Škorvaga CSc., in his own hand,
Member of the Board of Directors
and Deputy General Director 

Martin Techman, in his own hand
Director of the Business Development Division
 
               
Note: This is a historical version of the List of Tariffs and Fees of ?eská spo?itelna valid from 01.06.2011 to 30.06.2011. Currently valid versions of the List are available at another part of our web.