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Interest rates and fees

Interest rates

Download the Bank's interest rate tariff in a print-friendly version.

Interest rate tariff

Valid from 1 September 2026

Fixed interest rate development

Fixed interest rate development from 2011

Variable interest rate development

Variable interest rate development from 2008

Valid from 25/08/2026

1.1	Loans
1.1.1	Borrowing fee for housing mortgages and other mortgages*	59,900 ISK
1.1.2	Borrowing charge on housing and real estate mortgages indexed to a foreign currency	119,800 ISK
1.1.3	Borrowing fee (other loans)	2.00%
	*Fee is collected for each loan application. 100% discount for first time buyers
1.2	Completed bond, collateral agreement or pledge
1.2.1	Bond - minimum	5,000 ISK
1.2.2	Security Document (Collateral agreement, pledge or personal guarantee) - minimum	5,000 ISK
1.2.3	Credit facility or contract - minimum	50,000 ISK
1.2.4	Consumer loan	5,000 ISK
1.2.5	Declaration or statement regarding a loan or a security document - minimum	10,000 ISK
1.2.6	Handling of pledges of collateral for loans other than Landsbankinn's (HFF, pension funds) and declaration - minimum	10,000 ISK
1.2.7	Application to raise overdraft limit	790 ISK
1.2.8	Raise overdraft limit through self-service channels	0 ISK
1.2.9	Commitment fee for an overdraft credit – corporate	0.50%
1.3	Statement of encumbrances and registration of title
1.3.1	From Creditinfo (credit rating service)	1,500 ISK
1.3.2	From district commissioner	2,200 ISK
1.3.3	Registration of title, incurred costs payable to district commissioner	3,800 ISK
1.3.4	Digital registration of title, incurred costs payable to district commissioner	1,500 ISK
1.3.5	Administration for registration of title documents*	1,990 ISK
1.3.6	Administration for registration of title documents - express service	6,000 ISK
	*50% discount for digital registration of title documents
1.4	Payments
1.4.1	Notification and payment fee, loan debited, payment coupon sent	255 ISK
1.4.2	Notification and payment fee, loan debited, payment coupon not sent	140 ISK
1.4.3	Notification and payment fee, loan not debited, payment coupon sent	635 ISK
1.4.4	Notification and payment fee, loan not debited, payment coupon not sent	520 ISK
1.4.5	Notification and payment fee, cost per payment in foreign currency	820 ISK
1.4.6	Notification and payment fee, cost per payment on real estate loan in foreign currency, automatic debit	410 ISK
1.4.7	Prepayment penalty for loans with floating interest to other undertakings than small undertakings, for each remaining year
1.4.7.1	Prepayment penalty for loans with floating interest to other undertakings than small undertakings, for each remaining year*	0.40%
1.4.7.2	Maximum	2.00%
	*Small undertakings as defined in Point 11 b) of Article 2 of the Act on Annual Accounts No. 3/2006, as subsequently amended, shall be undertakings which on their balance sheet dates do not exceed the limits of at least two of the three following criteria: (a) balance sheet total: ISK 600 million; (b) net turnover: ISK 1,200 million; (c) average number of employees during the financial year: 50. In the case of real estate or holding companies, only the criteria of an ISK 600 m balance sheet total shall apply. The provision generally measures an undertaking's size by the most recent annual financial statements at the date of the credit agreement.
1.4.8	Prepayment penalty for mortgages with temporary fixed rates, for the fixed rate period
1.4.8.1	Prepayment penalty for mortgages with temporary fixed rates, for the fixed rate period, maximum	1.00%
1.4.8.2	A prepayment of up to ISK 1,000,000 per year on mortgages with a temporary fixed rate period will not incur a prepayment penalty	0 ISK
1.4.9	Prepayment penalty for mortgages with fixed rates
1.4.9.1	Prepayment penalty for mortgages with fixed rates, maximum	2.00%
1.4.9.2	When determining prepayment penalties under this item, the Bank takes account of, inter alia, the rate differential between current market rates on comparable loans offered by the Bank and the current rate on the loan in question, discounted from final ma
1.4.9.3	For a limited time only, a 100% discount will be granted on prepayment charges/accelerated payment housing mortgages with fixed rates
1.4.10	Waiver fee*
	A fee paid to the bank due to a breach of a covenant
1.4.10.1	Waiver fee - minimum	0.10%
1.4.10.2	Waiver fee - minimum	50,000 ISK
1.4.11	Administration and guarantee of loan prepayment, each creditor	5,000 ISK
1.5	Statement of liabilities, balance owing and details of both ISK and FX loans	400 ISK
1.6	Amendment of terms and conditions - corporate
1.6.1	Amendment to loan and security documents - minimum	19,900 ISK
1.6.2	Mortgage authorisation - minimum	10,000 ISK
1.6.3	Mortgage transfer and mortgage release - minimum	15,000 ISK
1.6.4	Loan novation - minimum	25,000 ISK
1.6.5	Fee for quota transfer - minimum	20,000 ISK
1.6.6	Endorsement of conditional mortgage or approval as subordinated mortgagee	0 ISK
1.7	Amendment of terms and conditions - individuals
1.7.1	Mortgage authorisation - minimum	5,500 ISK
1.7.2	Loan novation	10,000 ISK
1.7.3	Handling of transfers of mortgages and pledges of collateral for HFF and other mortgages	59,900 ISK
1.7.4	Endorsement of conditional mortgage or approval as subordinated mortgagee	0 ISK
1.7.5	Amendment to terms on housing and real estate mortgages	19,900 ISK
1.8	Fee for changing loan currency
1.8.1	Between foreign currencies	0.20%
1.8.2	Between ISK and foreign currency	0.40%
1.8.3	Minimum, for both 1.8.1 and 1.8.2	20,000 ISK
1.9	Business agreements (produce and operating loans and lines of credit)
1.9.1	Handling fee for agreement exceeding ISK 50m; annual commission	0.30%
1.9.2	Handling fee for agreement ISK 50m and lower; annual commission	0.50%
1.9.3	Arrangement fee	1,500 ISK
1.9.4	Service fee; costs incurred for each distribution of proceeds	300 ISK
1.9.5	Completed loan or business agreement (produce and operating loans) - minimum	50,000 ISK
1.9.6	Notification and payment fee, cost per payment	820 ISK
1.9.7	Lines of credit
1.9.7.1	Fee for undrawn portion of binding credit line	0.30%
1.10	Loan extensions (Corporate Banking)
1.10.1	Loan extensions for a term shorter than 12 months at a time	0.15%
1.10.2	Loan extensions for a term longer than 12 months at a time	0.50%
1.11	Vehicle financing
1.11.1.1.1	Borrowing charge, percentage of loan amount*
	A 50% discount is given on borrowing charges for electric vehicles. The charge cannot be lower than the minimum borrowing charge
1.11.1.1.1.1	Borrowing charge 1 - 23 mos.	1.95%
1.11.1.1.1.2	Borrowing charge 24 - 35 mos.	2.00%
1.11.1.1.1.3	Borrowing charge 36 - 47 mos.	2.25%
1.11.1.1.1.4	Borrowing charge 48 - 59 mos.	2.50%
1.11.1.1.1.5	Borrowing charge 60 - 71 mos.	3.00%
1.11.1.1.1.6	Borrowing charge 72 - 84 mos.	3.25%
1.11.1.1.1.7	Borrowing charge 85 - 96 mos.	3.75%
1.11.1.1.1.8	Minimum borrowing charge	15,000 ISK
1.11.2	Operating lease*
	VAT levied on all fees where VAT applies to agreements
1.11.2.1	Leasing fee is calculated per day from delivery of vehicle to 1st due date for payment and collected with 1st lease payment
1.11.3	Lease-to-purchase*
	VAT levied on all fees where VAT applies to agreements
1.11.3.1	Initial cost
1.11.3.1.1	Initial fee collected on 1st due date for payment	1.75%
1.11.4	Notification and payment fee in accordance with item 1.4
1.11.5	Changes to loan terms
1.11.5.1	New equipment/transfer of pledge	15,000 ISK
1.11.5.2	Change of borrower	15,000 ISK
1.11.5.3	Amendment of terms and conditions	10,000 ISK
1.11.5.4	Debt restructuring	10,000 ISK
1.11.5.5	Declaration of temporary permit for export of an automobile	15,000 ISK
1.11.6	Official fees
1.11.6.1	Registration of title	3,800 ISK
1.11.6.2	Change of ownership and traffic safety fee	3,041 ISK
1.11.6.3	Change of ownership of heavy machinery	4,499 ISK
1.11.6.4	Registration of possessor	1,265 ISK
1.11.6.5	Cancellation of possessor	1,265 ISK
1.12	Credit assessment and information gathering
1.12.1	Credit assessment, individuals*	7,900 ISK
1.12.2	Credit assessment, married/cohabiting couples*	12,900 ISK
1.12.3	Confirmation of credit worthiness/credit assessment for lot applications to municipalities - credit assessment not included	2,000 ISK
1.12.4	CIP credit rating from CreditInfo	1,000 ISK
1.12.5	Obligation summary (loan summary) from third party	1,350 ISK
1.12.6	Data collection for consumer credit loans (provided without remuneration once a year)	1,490 ISK
1.12.7	Data collection in relation to personal guarantees for companies	1,950 ISK
	*Included in the fee is cost incurred by the Bank for collecting data from sources such as Iceland Revenue and Customs (RSK) and obligation summary from third party

2.1	Annual fee - Debit cards for retail customers
2.1.1	Debit card fee*	790 ISK
	*Customers under the age of 18 are exempt from annual fees
2.2	Annual fee - Prepaid cards for retail customers
2.2.1	Plúskort	0 ISK
2.2.2	Plúskort +	3,300 ISK
2.2.3	Plúskort+ with comprehensive travel insurance (Gull)*	6,900 ISK
2.2.4	Pocket Money	1,190 ISK
	*Discontinued product - no new applications
2.3	Annual fee - Credit cards for retail customers
2.3.1	General credit card	3,700 ISK
2.3.2	General credit card - Gold travel insurance*	6,900 ISK
2.3.3	Gold Card that collects Aukakrónur	14,400 ISK
2.3.4	Gold Icelandair Saga points	14,400 ISK
2.3.5	Platinum card	24,900 ISK
2.3.6	Platinum Icelandair Saga points	24,900 ISK
2.3.7	Premium Icelandair Saga points	44,000 ISK
	*Discontinued product - no new applications
2.4	Annual fee - Business cards
2.4.1	Debit card	790 ISK
2.4.2	Purchasing card - Prepaid	2,000 ISK
2.4.3	Purchasing card - Credit	2,000 ISK
2.4.4	General business card	9,900 ISK
2.4.5	Business card, no loyalty programme	14,900 ISK
2.4.6	Business card Icelandair Saga points	19,900 ISK
2.4.7	Platinum Business Icelandair Saga points	23,500 ISK
2.4.8	Premium Business Icelandair Saga points	32,900 ISK
2.5	Transaction and withdrawal fees
2.5.1	Debit card transaction*	18 ISK
2.5.2	Fee for domestic credit card cash withdrawal in bank or ATM	2.20%
2.5.3	Fee for debit card cash withdrawal abroad	1.00%
2.5.4	Fee for credit card cash withdrawal abroad	2.75%
2.5.5	Minimum fee for cash withdrawal abroad, debit and credit cards	800 ISK
2.5.6	Credit card cash withdrawal fee domestic	120 ISK
2.5.7	Prepaid card cash withdrawal fee domestic	120 ISK
2.5.8	Payment distribution, transaction fee	250 ISK
2.5.9	Premium on VISA wholesale rate, all FX payment card transactions	2.30%
	*Customers under the age of 18 are exempt from transaction fees and 18-24 year olds get 150 free transactions yearly
2.6	Payment & statement fee
2.6.1	Debited from account	120 ISK
2.6.2	Debited from account, printed statement	340 ISK
2.6.3	Paid with payment slip	300 ISK
2.6.4	Paid with payment slip, printed statement	520 ISK
2.7	Card limits and late payment fees
2.7.1	Raise limit on credit card	1,790 ISK
2.7.2	Raise limit on credit card via self-service channels	790 ISK
2.7.3	Non-sufficient fund (NSF) debit card transaction
2.7.3.1	ISK 5,000 or lower	900 ISK
2.7.3.2	Between ISK 5,000.01 and ISK 10,000.00	1,500 ISK
2.7.3.3	Exceeding ISK 10,000.00	2,600 ISK
2.7.3.4	Default of payment in accordance with item 3
2.8	Other card-based fees
2.8.1	New for lost or stolen card	1,900 ISK
2.8.2	Emergency cash	10,900 ISK
2.8.3	Text message alert for credit cards (per message)*	12 ISK
2.8.4	Connection fee for Icelandair Saga Club Gold card	1,500 ISK
2.8.5	Connection fee for Icelandair Saga Club Premium and Platinum card	2,500 ISK
2.8.6	Fast-tracking of new payment cards	14,500 ISK
	*Exempting text messages to authenticate Card not present transactions.
2.9	Landsbankinn Gift Card
2.9.1	Landsbankinn Gift Card	540 ISK
2.9.2	Customers of Landsbankinn get a 50% discount	270 ISK
2.10	Corporate gift cards
2.10.1	Fee linked to turnover	1.75%
2.10.2	Card transasaction	13 ISK

3.3	Vehicle loans, vehicle facilities and lease-to-purchase
3.1	Collection warning	950 ISK
3.2	Reminder of collection warning	0 ISK
3.3.1	Premium on redeemed commitments towards third parties
3.3.1.1	Vehicle tax, vehicle weight tax, insurance and negligence fee - minimum	3,000 ISK
3.3.1.2	Parking tickets - minimum	1,500 ISK
3.3.1.3	Vehicle tax, vehicle weight tax, insurance, negligence fee and parking tickets	3.00%
3.4	Interim collection and legal costs as per tariff of external collection agent	0 ISK

4.9	Card reader
4.1	Annual fee for online banking	0 ISK
4.2	Online banking transaction fee	0 ISK
4.3	Text messaging (SMS) and e-mail	0 ISK
4.4	Online banking netting service	13 ISK
4.5	Payment service, each payment (online banking Services for Non-Business Organisations)	80 ISK
4.6	RSA SecurID app - annual fee	0 ISK
4.7	RSA SecurID token - annual fee	0 ISK
4.8	Authentication token - new, new token in case of loss, damage or expiry	1,200 ISK
4.9.1	Card reader	1,700 ISK
4.9.2	Card reader - clients in loyalty programmes	1,000 ISK
4.10	Credit reference service CreditInfo - check of customer's own data	350 ISK
4.11	Services to parties involved in further collection
4.11.1	Receivable sent to parties involved in further collection	75 ISK
4.11.2	Manual edit/cancellation of claim	90 ISK
4.11.3	Other service - fee per hour	14,000 ISK
4.12	Monthly statements, annual fee	7,500 ISK

5.1	Annual fee
5.1.1	Annual fee for payment equalisation*	9,450 ISK
5.1.2	Additional fee (for major plans) - minimum	1,500 ISK
5.1.3	Additional fee (for major plans) - maximum	5,000 ISK
5.2	Change to payment plan (more than one per year)	700 ISK
5.3	Default of payment on Payment service account, in accordance with item 3
5.4	Payment service, per slip	150 ISK
	*Annual fee includes one payment plan per year and payment service, direct payments and giro/payment slips if received by the Bank

6.1	Creating a receivable
6.1.1	Creating a receivable (in Corporate Internet Banking, B2B or Service for non-business organisations)	40 ISK
6.1.2	Creating a receivable in branch	250 ISK
6.1.3	Creating a receivable in IT division (with Excel file)	68 ISK
6.2	Change/cancellation of a receivable
6.2.1	Change/cancellation of a receivable (in Corporate Internet Banking or B2B)	40 ISK
6.2.2	Change/cancellation of a receivable in branch	135 ISK
6.2.3	Cancellation of an optional claim	40 ISK
6.2.4	Receivable sent to parties involved in further collection	90 ISK
6.3	Payment of a receivable
6.3.1	Payment fee	75 ISK
6.3.2	Receivable partially paid in the bank	75 ISK
6.3.3	Payment of a foreign receivable	200 ISK
6.3.4	Direct payments, receivables pool	55 ISK
6.4	Payment slips
6.4.1	Mailing of payment slip (automated)	135 ISK
6.4.2	Mailing of payment slip (branch mails)	275 ISK
6.4.3	Transmission of electronic documents	45 ISK
6.4.4	Initial fee for setting up electronic publication in the publication system	20,000 ISK
6.4.5	Printing
6.4.5.1	Printing of payment slip	15 ISK
6.4.5.2	Printing of payment slip (collected at branch)	70 ISK
6.4.5.3	Printing and mailing of a reminder	130 ISK
6.5	Special adjustments, hourly rate	14,900 ISK
6.6	On-line query in real time B2B	1 ISK
6.7	Registration of direct debit contracts in online banking
6.7.1	Customer creates own direct debit contract	0 ISK
6.7.2	Legal entity creates contract on behalf of payors	190 ISK
6.7.3	Legal entities who are not customers create contracts on behalf of payors	240 ISK
6.8	Registration of direct payment in branch	500 ISK
6.9	Collection of bonds
6.9.1	Initial cost for collection	18,000 ISK
6.9.2	Collection, each payment day (commission not dependent on result)	790 ISK
6.9.3	Amendment of terms and conditions - minimum	10,000 ISK
6.9.4	Collection warning / collection fee	950 ISK
6.9.5	Statement sent on demand	2,900 ISK
6.9.6	Delivery of data for collection purposes by Landsbankinn (acc. to contract)	2,900 ISK
6.9.7	Interest rate changed in system	10,000 ISK
6.9.8	Interest rates increase - announcement through online banking / delivery to the Iceland Revenue and Customs (RSK)	120,000 ISK

7.1	Merchant service fee - Quote*
	*Merchants can select one of two pricing models: Blended pricing - fixed % that includes service fee, interchange and scheme fees per card type. Interchange++ pricing - fees are broken down into interchange, scheme fees and the Acquirer’s fee
7.1.1	Transaction fee per transaction	6 ISK
7.1.2	Minimum service fee per transaction	12 ISK
7.1.3	Moto transaction surcharge	0.20%
7.2	Initial contract fee	4,500 ISK
7.3	Monthly settlement fee	450 ISK
7.4	Chargeback fee per chargeback	2,500 ISK
7.5	Monthly merchant portal fee per user	299 ISK

8.1	Exports
8.1.1	Collection commission	0.20%
8.1.1.1	Collection commission - minimum	7,500 ISK
8.1.1.2	Collection commission - maximum	30,000 ISK
8.1.2	Express deliveries. Fee according to service provider's tariff
8.1.3	Cost of sending message - per SWIFT message	1,000 ISK
8.2	Imports
8.2.1	Collection commission	0.20%
8.2.1.1	Collection commission - minimum	3,000 ISK
8.2.1.2	Collection commission - maximum	30,000 ISK
8.2.2	Return fee	2,500 ISK
8.2.3	Delivery fee*	1,000 ISK
8.2.4	Arrangement fee for reminders, amendments, protests and queries	1,000 ISK
8.2.5	Past due balances, additional fee per month**	2,000 ISK
8.2.6	Cost of sending message - per SWIFT message	1,000 ISK
	*+ minimum collection commission
	**30 days after receipt of sight drafts, 10 days after maturity of bills of exchange. Additional fee for each balance due.

*All foreign banking fees and other direct costs incurred are paid separately

9.1	EUR payments within the EEA
9.1.1	Reception of payment order for incoming payment	0 ISK
9.1.2	Outgoing payment executed in online banking	0 ISK
9.1.3	Outgoing payment executed by branch/Customer Service Centre	250 ISK
9.2	Other international payments
9.2.1	Incoming payments
9.2.1.1	Reception of payment order for incoming payment	700 ISK
9.2.1.2	Service charge for incomplete information	2,000 ISK
9.2.1.3	Received payment request (SWIFT MT/MX), deposited to Landsbankinn account	400 ISK
9.2.1.4	Received payment order (SWIFT MT/MX) with shared service charge (SHA)	700 ISK
9.2.1.5	Received payment order (SWIFT MT/MX) with sender paying entire cost (OUR)	3,000 ISK
9.2.2	Outgoing payments
9.2.2.1	Outgoing payment executed in online banking	900 ISK
9.2.2.2	Outgoing payment executed by branch/Customer Service Centre	1,900 ISK
9.2.2.3	Charge when recipient cost is paid by sender (not applicable to JPY)	3,000 ISK
9.2.3	Payment requests
9.3	Other services
9.3.1	Surcharge for express delivery	3,000 ISK
9.3.2	Request for suspension/cancellation of payment	3,300 ISK
9.3.3	Queries	2,500 ISK
9.3.4	Reversal of SWIFT payment	2,500 ISK
9.3.5	Account statement through SWIFT MT/MX - monthly charge (includes ISK - denominated accounts)	5,000 ISK

10.1	Imports (Letters of Credit) and Letters of Guarantee
10.1.1	Fee per annum, based on pledged collateral and creditworthiness - minimum	1.00%
10.1.2	Handling fee	20,000 ISK
10.1.3	Amendment fee	7,500 ISK
10.1.4	Cancellation fee (Letters of Credit)	6,000 ISK
10.1.5	Additional fee for more complex documents
10.1.5.1	Additional fee for more complex documents - minimum	7,500 ISK
10.1.5.2	Additional fee for more complex documents - maximum	75,000 ISK
10.1.6	Cost of sending message - per SWIFT message	1,000 ISK
10.2	Rent guarantees
10.2.1	Fee, annual rate (per annum)*
	*If deposits are 100% pledged as collateral, members of Náman only pay a handling fee according to item 10.2.2 and amendment fee according to 10.2.3.
10.2.1.1	Fee per annum if deposits are 100% pledged as collateral	1.00%
10.2.1.2	Fee per annum, no collateral	6.00%
10.2.2	Handling fee	8,000 ISK
10.2.3	Amendment fee	2,500 ISK
10.3	Letters of Credit - exports
10.3.1	Advising commission (charged only when the L/C is unconfirmed by Landsbankinn)	0.05%
10.3.1.1	Advising commission - minimum	4,000 ISK
10.3.1.2	Advising commission - maximum	20,000 ISK
10.3.1.3	L/C forwarded to correspondent bank	2,000 ISK
10.3.2	Confirmation commission, for each 3-month period started	0.50%
10.3.2.1	Confirmation commission - minimum	4,000 ISK
10.3.3	Payment commission/documentation commission	0.25%
10.3.3.1	Payment commission/documentation commission - minimum	6,000 ISK
10.3.3.2	Payment commission/documentation commission off amount exceeding ISK 25,000,000	0.15%
10.3.4	Express deliveries. Fee according to service provider's tariff
10.3.5	Amendment fee	5,000 ISK
10.3.6	L/C transfer	0.45%
10.3.6.1	L/C transfer - minimum	10,000 ISK
10.3.7	Discrepancy in documents	3,000 ISK
10.3.8	Cost of sending message - per SWIFT message	1,000 ISK

11.1
11.1.1	Withdrawals over the counter from a Landsbankinn account	0 ISK
11.1.2	Early withdrawal fee	4.00%
11.1.3	Transfers, payment of giro, payment slips and on credit cards (each transaction)	250 ISK
11.1.4	Transfers to or from foreign currency accounts in Iceland	350 ISK
11.1.5	Telephone information service (+354) 515-4444 (transfers, account balance and last transactions)	0 ISK
11.1.6	Balance and transactions read over phone by employee (accounts, credit cards etc.)	250 ISK
11.1.7	Notification by e-mail or text message (SMS)	50 ISK
11.1.8	Faxed receipts, see items 15.1
11.1.9	Service charge for other major transactions in the bank branch and customer support centre	250 ISK
11.2	Payment batch by processing a file
11.2.1	Arrangement fee	400 ISK
11.2.2	For each transaction	20 ISK
11.3	Activation of electronic ID (no commission for Landsbankinn customers)	1,200 ISK
11.4	Account statement
11.4.1	Account statement, printed at branch and sent by mail	300 ISK
11.4.2	Account statement, printed and delivered at branch	150 ISK

12.1	Small (under 400 cm2)	10,900 ISK
12.2	Medium (401-800 cm2)	15,900 ISK
12.3	Large (upwards of 801 cm2)	20,900 ISK
12.4	Change of lock (lost key)	16,000 ISK
12.5	Box forcibly opened and lock changed	30,000 ISK
12.6	Service charge for visiting safe-deposit boxes outside of their designated opening hours after 12:00, and after 14:00 for branches/outlets that open at 12:00	1,200 ISK

13.1	UCITS funds and Alternative investment funds for retail investor
	The minimum investment amount in funds is ISK 10,000 selling price and ISK 5,000 in subscription. Settlement is generally 2 bankdays. The annual management fee is included in the fund price. Landsbréf pays Landsbankinn a commission for the sale of Landsbréf's funds.
13.1.1	Mixed funds
13.1.1.1	Eignadreifing – Vanfærið, Virði, Vöxtur, Langtíma og Sjálfbær - purchase fee	0.25%
13.1.1.2	Eignadreifing – Varfærið, Virði, Vöxtur, Langtíma og Sjálfbær* - management fee	1.25%
13.1.1.3	Eignadreifing Erlend** - front load	0.25%
13.1.1.4	Eignadreifing Erlend - management fee	1.20%
	*Performance fee is included in the fund’s price as 10% of returns above the CBI’s interest rate on deposits
	**Settlement is T+3
13.1.2	Domestic equities funds of Landsbréf hf.
13.1.2.1	Landsbréf Selected Equities Fund - front load	0.50%
13.1.2.2	Landsbréf Selected Equities Fund - management fee	1.65%
13.1.2.3	Landsbréf Premium Equities Fund - front load	0.50%
13.1.2.4	Landsbréf Premium Equities Fund - management fee	1.75%
13.1.2.5	Hekla - kaupþóknun - front load	0.50%
13.1.2.6	Hekla - umsýsluþóknun - management fee	1.85%
13.1.2.7	Landsbréf Global Equity Fund* - front load	0.50%
13.1.2.8	Landsbréf Global Equity Fund - management fee	1.50%
13.1.2.9	Global Portfolio* - front load	0.25%
13.1.2.10	Global Portfolio - management fee	1.50%
13.1.2.11	Landsbréf Nordic 40 - front load	0.50%
13.1.2.12	Landsbréf Nordic 40 - management fee	1.10%
	*Settlement is T+3
13.1.3	Securities funds of Landsbréf hf.
13.1.3.1	Landsbréf Liquidity Fund - front load	0.00%
13.1.3.2	Landsbréf Liquidity Fund - management fee	0.35%
13.1.3.3	Landsbréf Liquidity Fund Plus* - front load	0.00%
13.1.3.4	Landsbréf Liquidity Fund Plus - management fee	0.40%
13.1.3.5	Landsbréf Government Bond Fund Short Duration - front load	0.25%
13.1.3.6	Landsbréf Government Bond Fund Short Duration - management fee	0.70%
13.1.3.7	Landsbréf Government Bond Fund - Medium Duration, Plus, Indexed and Non-indexed - front load	0.25%
13.1.3.8	Landsbréf Government Bond Fund - Medium Duration, Plus, Indexed and Non-indexed - management fee	0.80%
13.1.3.9	Landsbréf Fixed Income - front load	0.25%
13.1.3.10	Landsbréf Fixed Income - management fee	0.80%
13.1.3.11	Landsbréf - Covered Bonds - front load	0.25%
13.1.3.12	Landsbréf - Covered Bonds - management fee	1.00%
13.1.3.13	Fyrirtækjaskuldabréf - front load	0.25%
13.1.3.14	Fyrirtækjaskuldabréf - management fee	1.00%
	*Turnaround is one day (T+1) (settlement = 1 banking day)
13.1.4	Exchange-traded funds (ETFs) of Landsbréf hf.
13.1.4.1	LEQ UCITS ETF - front load	1.00%
13.1.4.2	LEQ UCITS ETF - management fee	0.50%
13.1.5	Private Banking funds
13.1.5.1	Einkabréf - A, B, C, D, E - front load	0.25%
13.1.5.2	Einkabréf - A, B, C, D, E - management fee	0.65%
13.1.6	Other foreign securities funds
13.1.6.1	Other foreign securities funds - front load	2.00%
13.1.6.2	Other foreign securities funds* - minimum - management fee	1.00%
13.1.6.3	Other foreign securities funds* - maximum - management fee	3.00%
	*In some cases, partner companies pay part of the management fee to Landsbankinn. Landsbankinn’s advisors provide further information, tel. +354 410 4040
13.1.7	Purchase in the securities funds of Landsbréf hf. through online banking
13.1.7.1	Discount on front load	25.00%
13.1.7.2	Discount on front load - if subscription last at least 4 months	100.00%
13.2	Trading in individual securities
	Minimum transactions in equities are ISK 100,000. Turnaround is T+2. Transaction fees levied on transactions in currencies other than Icelandic krónur (ISK) are charged in the transaction currency, based on the exchange rate of each currency at the beginning of each month.
13.2.1	Equities
13.2.1.1	Domestic listed equities	1.00%
13.2.1.2	Domestic listed equities - minimum fee	3,500 ISK
13.2.1.3	Domestic listed equities in online banking	0.75%
13.2.1.4	Domestic listed equities in online banking - minimum fee	1,950 ISK
13.2.1.5	International listed equities	1.00%
13.2.1.6	Domestic listed equities in online banking - minimum fee	12,000 ISK
13.2.1.7	Stamp duties levied on purchases in GBP	0.50%
13.2.1.8	Domestic unlisted equities - minimum fee	2.00%
13.2.1.9	Domestic unlisted equities - minimum fee	10,000 ISK
13.2.2	Bonds
13.2.2.1	Domestic treasury bonds - minimum fee	0.40%
13.2.2.2	Domestic treasury bonds - minimum fee	3,500 ISK
13.2.2.3	Domestic treasury bills, bank bills and bonds with a maturity of less than 1 year - minimum fee	0.30%
13.2.2.4	Domestic treasury bills, bank bills and bonds with a maturity of less than 1 year - minimum fee	3,500 ISK
13.2.2.5	Other standard domestic market bonds	0.75%
13.2.2.6	Other standard domestic market bonds - minimum fee	3,500 ISK
13.2.2.7	International bonds and bills	1.00%
13.2.2.8	International bonds and bills - minimum fee	12,000 ISK
13.3	Asset management
13.3.1	Asset management (active portfolio management)
13.3.1.1	Management fee - minimum fee	0.20%
13.3.1.2	Management fee - maximum	0.60%
13.3.1.3	Management fee - minimum fee	60,000 ISK
13.3.1.4	Discount on transaction fee for transactions in individual listed securities	50.00%
13.3.1.5	Discount on purchase fee on transactions in Landsbréf hf. funds	100.00%
13.3.1.6	Discount on custody fee	100.00%
13.3.2	Advisory Agreement
13.3.2.1	Management fee - minimum fee	0.20%
13.3.2.2	Management fee - maximum fee	0.60%
13.3.2.3	Management fee - minimum fee	150,000 ISK
13.3.2.4	Discount on transaction fee for transactions in individual listed securities	50.00%
13.3.2.5	Discount on purchase fee on transactions in Landsbréf hf. funds	100.00%
13.3.2.6	Discount on custody fee	100.00%
13.3.3	Asset management (active portfolio management)
13.3.3.1	Management fee - minimum fee	0.20%
13.3.3.2	Management fee - maximum fee	0.60%
13.3.3.3	Management fee - minimum fee	60,000 ISK
13.3.3.4	Discount on transaction fee for transactions in individual listed securities	50.00%
13.3.3.5	Discount on purchase fee on transactions in Landsbréf hf. funds	100.00%
13.3.3.6	Discount on custody fees	100.00%
13.4	Fees that apply to pension savings
13.4.1	Íslenski lífeyrissjóðurinn - management fee as a ratio of net assets*	0.12%
13.4.2	Management fee for Lífeyrisbók pension savings accounts	0.00%
13.4.3	Management fee for Viðbót - Erlend verðbréf	0.55%
13.4.4	Management fee for Viðbót - Innlend hlutabréf	0.55%
13.4.5	Transfer fee - transfer to other custodian	0.00%
13.4.6	Transfer fee - transfer to other pension savings scheme	0.00%
	*In addition to the management fee, Íslenski lífeyrissjóðurinn pays a fixed annual management fee of ISK 215 million
13.5	Transaction charges
	Fees levied on transactions in currencies other than Icelandic krónur (ISK) are charged in the transaction currency and the amount is calculated based on the exchange rate of that currency and the ISK at the beginning of each month.
13.5.1	Transaction charge for transactions in Landsbréf hf. funds, equities and bonds in ISK	600 ISK
13.5.2	Transaction charge on equites transactions in online banking	300 ISK
13.5.3	Transaction charge on fund transactions in online banking	0 ISK
13.5.4	Transaction for subscription to Landsbréf hf. UCITS	0 ISK
13.5.5	Transaction charge for securities transactions in foreign currency	1,500 ISK
13.5.6	Transaction charge for transactions in funds of other fund management companies	5,000 ISK
13.6	Custody fee
	The custody fee is calculated monthly and collected once yearly, at the beginning of each year for the previous year.
13.6.1	Landsbréf funds	0.00%
13.6.2	Securities and funds in Iceland	0.027%
13.6.3	Securities and funds in the Nordic region	0.038%
13.6.4	Securities and funds in other European countries	0.059%
13.6.5	Securities and funds outside Europe	0.032%
13.6.6	Minimum fee, individuals	3,100 ISK
13.6.7	Minimum fee, legal entities	4,500 ISK
13.7	Other fees
13.7.1	Investment advice	7,500 ISK
13.7.2	Assignment of securities	590 ISK
13.7.3	Pledge per Id./Reg.NO.	750 ISK
13.7.4	Delivery of securities	750 ISK
13.7.5	Delivery of foreign securities from custodian	800 ISK
13.7.6	Corporate actions (dividend payments etc.)	0 ISK
13.7.6.1	Dividends - payment processing for issuers *	20,000 ISK
13.7.6.2	Installments and interest payments - payment processing for issuers *	5,000 ISK
	*Maximum collected fee pr. annum ISK 100.000
13.7.7	Contract work at a request by customer, per hour	15,000 ISK
13.7.8	Other requests (negotiable - minimum ISK 3,000)	3,000 ISK
13.8	Conversion of shares
13.8.1	Conversion of shares between markets, base fee	5,000 ISK
13.8.2	Arion Bank hf. - foreign custodian cost	2,500 SEK

14.1	Companies and individuals
14.1.1	Deposit of cash in an ATM to a Landsbankinn account	0 ISK
14.1.2	Domestic withdrawal from a Landsbankinn ATM from a bank account, Landsbankinn customer	0 ISK
14.1.3	Domestic withdrawal in a Landsbankinn automatic teller machine from a bank account with another bank/savings and loan association
14.1.3.1	Domestic withdrawal in a Landsbankinn automatic teller machine from a bank account with another bank/savings and loan association	1.00%
14.1.3.2	Domestic withdrawal in a Landsbankinn automatic teller machine from a bank account with another bank/savings and loan association - minimum	300 ISK
14.1.4	Cash withdrawal by a Landsbankinn employee from a Landsbankinn account	0 ISK
14.1.5	Cash withdrawal by a Landsbankinn employee from a non-Landsbankinn account
14.1.5.1	Cash withdrawal by a Landsbankinn employee from a non-Landsbankinn account	1.00%
14.1.5.2	Cash withdrawal by a Landsbankinn employee from a non-Landsbankinn account - minimum	1,200 ISK
14.1.6	Counting of coins, deposited to Landsbankinn account	0.00%
14.1.7	Sale of currency, per package	100 ISK
14.1.8	Buying and selling of foreign notes (note exchange) are done using the current note rate of Landsbankinn at each time	0 ISK
14.1.9	Withdrawal of foreign currency from domestic foreign currency accounts in the same currency as the foreign currency account
14.1.9.1	Withdrawal of foreign currency from domestic foreign currency accounts in the same currency than the foreign currency account	1.75%
14.1.9.2	Withdrawal of foreign currency from domestic foreign currency accounts in the same currency than the foreign currency account - minimum	300 ISK
14.1.10	Withdrawal of foreign currency from domestic foreign currency accounts in another currency than the foreign currency account
14.1.10.1	Withdrawal of foreign currency from domestic foreign currency accounts in another currency than the foreign currency account*	1.75%
14.1.10.2	Withdrawal of foreign currency from domestic foreign currency accounts in another currency than the foreign currency account* - minimum	300 ISK
	*Conversion of currency is done using the current note rate of Landsbankinn at each time
14.2	Individuals
14.2.1	Cash deposit by Landsbankinn employee to Landsbankinn account**	0 ISK
14.2.2	Deposit of foreign currency to a foreign currency account in the same currency	300 ISK
14.2.3	Deposit of foreign currency to a foreign currency account in another currency Conversion of currency is done using the current note rate	300 ISK
	**For time-consuming deposits carried out by a Landsbankinn employee, labour costs are added
14.3	Companies
14.3.1	Cash deposit from legal entity to a Landsbankinn account, per deposit***	300 ISK
14.3.2	Cash deposti from legal entity by a Landsbankinn employee, per deposit**	1,200 ISK
	***This fee is not charged in branches that do not have deposit ATM, provided the customer leaves the deposit in a deposit bag/case along with a completed settlement form in the indicated deposit box, and does not wait for an employee to process the deposit
	**For time-consuming deposits carried out by a Landsbankinn employee, labour costs are added

15.6	For services not paid for in any other way, hourly rate*
15.1	Mailing of receipts or other documents with general postal service or e-mail	150 ISK
15.2	Simple transaction summary for individuals	250 ISK
15.3	Summary for annual financial statements	2,000 ISK
15.4	Statement on the finances of a person and company, loan commitments etc.	1,200 ISK
15.5	Lookup in Registrar of Companies (CreditInfo) and delivery to customer	2,000 ISK
	Work that requires a greater level of expertise must be agreed upon separately
15.6.1	Hourly rate to indivuduals - general banking services	12,000 ISK
15.6.2	Hourly rate to corporates and other legal entities	15,000 ISK
15.7	Escrow deposit (depositum) - 1% of the total deposit, yet no less than ISK 25,000*	25,000 ISK
	*The fee for deposits to multiple escrow accounts is 1% of the total sum of deposits, yet no less than ISK 25,000.
15.8	Handling cost for establishing new business relationship with foreign clients
15.8.1	Handling cost for establishing new business relationship with foreign clients/legal entities domiciled abroad (application for Id. No., KYC etc.). Includes cost of applying for new Id. No. with the National Registry - minimum*	50,000 ISK
	*In the case of especially time-consuming work, a service charge is added in accordance with the item “General work”
15.9	Higher-level control based on risk assessment pertaining to measures to prevent money laundering and terrorist financing* - minimum	80,000 ISK
	*In the case of especially time-consuming work, a service charge is added in accordance with the item “General work”

Fees

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Current fees

Valid from 25 August 2026

Previous fees

Valid from 15 June 2026

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Interest rates and fees

Interest rates

Valid from 25/08/2026

1. Loans

2. Payment cards

3. Defaults (applies to all defaults unless otherwise specified)

4. Online banking and related services

5. Payment equalisation

6. Collection services

7. Acquiring services

8. Foreign collections

9. Foreign currency transaction and international payments (current FX-rates at www.landsbankinn.is)

10. Guarantees

11. Assistance in branches / Customer Service Centre

12. Safety deposit boxes for customers of Landsbankinn - annual fee

13. Market transactions and Asset management

14. Cash transactions

15. Various other services

Fees

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In­terest rates and fees

Interest rates

Valid from 25/08/2026

1. Loans

2. Payment cards

3. Defaults (applies to all defaults unless otherwise specified)

4. Online banking and related services

5. Payment equalisation

6. Collection services

7. Acquiring services

8. Foreign collections

9. Foreign currency transaction and international payments (current FX-rates at www.landsbankinn.is)

10. Guarantees

11. Assistance in branches / Customer Service Centre

12. Safety deposit boxes for customers of Landsbankinn - annual fee

13. Market transactions and Asset management

14. Cash transactions

15. Various other services

Fees

Interest rates and fees