Standard Information on European Consumer Crediting Credit Card VISA Universala for Resident Individuals 1. Creditor’s and mediator’s title and contact information
Creditor
Address
Telephone
Website
AS “PrivatBank” Unified registration No. 50003086271 Registered address: 1 Muitas Str., Riga, LV1134 Location of provision of the service: __________________________________ (branch address) Information telephone 80001515 www.privatbank.lv 2. Description of key features of the crediting serviceCredit type
Revolving credit line with the credit card VISA UniversālāTotal credit amount
Maximum credit amount available according to the credit agreement EUR 2800 * * Total Credit the maximum Credit Amount of available credit limits granted by the Bank to the Customer. After the receipt of the necessary documents and check of the documents submitted to the Bank, it will take a decision on the possibility of determining the available credit limits which may be equal to or less than the total amount of credit. Credit disbursement term How and when you receive the money Free access to funds Validity term of the credit agreement IndefinitePayments to be made by the consumer and the payment manner, if any You will make the following payments: monthly card maintenance fee – EUR 7.11. Interest and/or credit interest is paid as follows: a minimum payment of 5% of the credit line amount use (min. EUR 7.11) are payable once in month up to 25th day of the month following the reporting month; starting with the 31st day, the interest rate of 22.8% per annum, or 1.9% per month per transaction applies to the credit line amount used. Total payable amount
Total amount plus interest and possible costs under your credit.
3269.68 EUR
A credit issued as a deferred payment for goods or services related with delivery of specific goods or provision of specific services (if applicable) Goods/service title Price in money Not applicable Credit collateral (if applicable)
A description of collateral of the credit
agreement
Not applicable
Payments are not redirected to immediate repayment of the total credit amount (if applicable) Not applicable 3. Credit costs
The credit interest rate or different interest rates, if applicable to the credit agreement Fixed interest rate: starting with the 31st day, the interest rate of 22.8% per annum, or 1.9% per month per transaction applies to the credit line amount used.
Interest for unauthorised use of the overdraft – 22.8% per annum.
Annual interest rate (AIR)
Total credit costs expressed as annual interest on the total credit amount.
The AIR is stated for convenient comparison of different offers. GPL=35,58% Assumptions: 1) the customer is free to receive the card credit limit; however, it is assumed that the customer receives the card credit limit immediately and in full. 2) the credit agreement does not provide for a fixed payment schedule; it is assumed that the credit is issued for one year and is repaid in 12 equal monthly instalments. Example showing all assumptions mentioned in the annual interest rate calculation: you receive the total credit amount worth EUR 2800 immediately and in full right after signing the credit agreement. The fee for receiving the credit funds in AS "PrivatBank" ATMs – EUR 112 (4% x EUR 2800); To repay the credit amount and interest payments (22.8% per annum), you pay an equal amount of EUR 263,14 every month for a year. So, the total credit costs make up EUR 263.14 * 12 + EUR 112 = EUR 3269.68. Is it required, for the purposes of obtaining the
credit or under the offered credit receipt terms
∙ to sign an insurance agreement as a credit guarantee,
or
∙ to use another additional service? If costs related to an additional service are unknown to the creditor, they are not included in the AIR. No No Appropriate costs Not applicable
Maintenance of one or several accounts for registration of payments and issue of the credit (if applicable)
Credit card account – free
Specific payment tool (i.e. a credit card) costs (if applicable) Bank’s fee for receipt of cash: Cash withdrawal fee in AS "PrivatBank" and other banks' ATMs in Latvia (personal funds) without fee Cash withdrawal fee in AS "PrivatBank" and its ATMs, Fee for cash withdrawal at PrivatBank (Ukraine), PrivatBank, PrivatBank (Georgia) and their ATMs and other banks' ATMs in Latvia and abroad (credit funds) depending on the amount to be cashedout. Fee for cash withdrawal at other banks and their ATMs (personal funds) 1% + 1.42 EUR Fee for cash withdrawal at PrivatBank (Ukraine), PrivatBank, PrivatBank (Georgia) and their ATMs (personal funds) 1% of amount Day limit on cash withdrawal equivalent of 2134.31 EUR. Fee for cash withdrawal with negative card balance (credit funds): Transaction amount Fee 1,4214,23 EUR 0,71 EUR 14,2421,34 EUR 1,14 EUR 21,3528,46 EUR 1,57 EUR 28,4735,57 EUR 1,99 EUR 35,5842,69 EUR 2,42 EUR
Over 42,69 EUR 4%
Other costs under the credit agreement (if applicable)
No
Provisions that determine change to said costs under the credit agreement (if applicable) The bank may unilaterally and at any time increase or decrease the amount of payments related to the credit agreement and specified in the Pricelist. The duty to pay notary public’s services (if applicable) Not applicable Costs related to late payments
Late payments may trigger serious consequences (e.g. enforced sale of real estate) and obstruct obtaining loans in future. The following penalties shall apply in case of late payments: If the payments were not made to the last business day of a current month (including), starting with the first date of the next month will be applied the contractual penalty of EUR 4.27 (single), in the case of credit or interest late payment was in the amount of EUR 8.54 or more. The bank may suspend (block) operations of the credit card until the debt is repaid. 4. Other significant legal aspects Right to step out of the agreement
You may step out of the credit agreement within 14 calendar days.
Yes
Early repayment of the credit
You may repay the credit before the term, in full or in part, at any time.
The customer may repay the loan before the term with a written notice thereof to the bank.
The creditor is entitled to a compensation in case of early repayment of the credit (if applicable)
Use of the database
The creditor must promptly and for free report the outcome of use of the database if the rejection to disburse the credit is based on the information obtained from the database. This provision does not apply if provision of such information is restricted by legal acts of the European Union or contradicts purposes of public order or public safety.
Yes
The right to receive a draft credit agreement You may request and receive free of charge a copy of the draft credit agreement. This provision does not apply if the creditor does not want to enter the credit agreement with you upon receipt of your request. Yes
