List of charges and fees for book-entry account

The more you trade, the lower your trading costs will be. Your trading fees in the previous calendar quarter will determine your fees for the next one. The list has five levels for equity trading on a book-entry account. The prices apply to listed securities, that is shares, ETFs and warrants.

As an owner-customer, your maximum brokerage fee for trading in Finnish and Swedish shares and Finnish, Swedish and German ETF products is always 1%. The benefit is valid in OP-mobile and the op.fi service until 31 December 2022. It applies to transactions performed via the book-entry account.

Trading in securities listed in Finland and Sweden 

As an owner-customer, you always start at level 2. If you are not an owner-customer, you start at level 1.

  LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 5
Trading fees for the previous calendar quarter Under 150 Under 500 Over 500 Over 1,000 Over 2,500
Trading fee 0.20 % min. 9 0.17 % min. 7 0.15 % min. 5 0.10 % min. 5 0.05 % min. 3

Trading on other markets with listed securities

As an owner-customer, you always start at level 2. If you are not an owner-customer, you start at level 1.

  LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 5
Trading fees for the previous calendar quarter Under 150 Under 500 Over 500 Over 1,000 Over 2,500
Trading fee 0.20 % min. 9 0.17 % min. 8 0.15 % min. 8 0.10 % min. 8 0.05 % min. 8

Other markets: Belgium, Canada, Denmark, France*, Germany, Italy, Netherlands, Norway, Portugal, Spain**, Switzerland and the USA.

*A financial transaction tax of 0.30% will be collected on the largest purchase transactions of equities issued by a French issuer. 

**As of 14 January 2021, a financial transaction tax of 0.20% will be collected on purchases of Spanish stocks. The Spanish government collects this tax on any purchases of equities issued by companies whose market cap exceeds 1 billion euros.

The foreign exchange charge for international equities accounts for 0.30% of the transaction price (Sweden, Denmark, Norway, USA, Switzerland and Canada).

Select suitable service package

Service package Saver Investor 
Owner-customer €0/month €2.40/month
Not an owner-customer €2.99/month €5.39/month
The package includes Custody and book-entry account Custody and book-entry account
Reporting Reporting
Equity and market analysis Equity and market analysis
  Market monitoring tool
  Real-time prices (1 level)
Helsinki, Stockholm, Copenhagen
Additional services   Real-time prices (5 levels) +€5.00/month*
Helsinki, Stockholm, Copenhagen
  Real-time news +€5.00/month*

*No charge if equity brokerage fees for the previous calendar quarter were over €500.

The charges and fees are inclusive of VAT in the case of services subject to VAT.

Earned OP bonuses will be automatically used to cover the service package fees. The Saver's service package is free of charge for you as an owner-customer – you can invest without paying a monthly charge. If you have more than one Saver’s service package, they will all be free of charge.

Select the Saver’s service package if you trade less actively and if comprehensive, high-quality basic services are sufficient for you.

Select the Investor’s service package if you trade on a weekly basis or more frequently or want to track the equity market in real time. For an additional fee, you can supplement the package with real-time market information that is more extensive than that of the standard package.

Securities listed in Finland and Sweden

Transaction price Level 1
Brokerage fee 0.20%,
minimum fee €9
Level 2 
Brokerage fee 0.17%,
minimum fee €7
Level 3
Brokerage fee 0.15%,
minimum fee €5
Level 4
Brokerage fee 0.10%,
minimum fee €5
Level 5
Brokerage fee 0.05%,
minimum fee €3
100 € 9 7 5 5 3
1,000 € 9 7 5 5 3
5,000 € 10 8.5 7.5 5 3
10,000 € 20 17 15 10 5

 

Securities listed on other markets

Transaction price Level 1
Brokerage fee 0.20%,
minimum fee €9
Level 2 
Brokerage fee 0.17%,
minimum fee €8
Level 3
Brokerage fee 0.15%,
minimum fee €8
Level 4
Brokerage fee 0.10%,
minimum fee €8
Level 5
Brokerage fee 0.05%,
minimum fee €8
100 € 9 8 8 8 8
1,000 € 9 8 8 8 8
5,000 € 10 8.5 8 8 8
10,000 € 20 17 15 10 8

 

Custody service is based on the management agreement between the bank and the customer.

The service provider agrees to keep in custody and maintain the assets placed in its securities custody and book-entry account in accordance with the general terms and conditions of OP Custody Services.

In calculating custody service fees, the mutual fund units of OP Fund Management Company Ltd, the fund units of Fidelity and JPMorgan and the bonds issued by OP Corporate Bank and OP Helsinki are free of charge.

The charges and fees quoted on the list include VAT. The valid VAT at each given time will be charged. The calculation period for custody service fees is one calendar month. The fees are charged once a month.

Fixed pricing applies to custody fees for book-entry and physical securities. As an owner-customer, you can place your book-entry and physical securities in custody free of charge.

Basic custody, monthly charge*  €1.95 (incl. VAT)
if only free-of-charge types, monthly charge €1.60 (incl. VAT)
Saver’s portfolio, monthly charge* €2.40 (incl. VAT)
if only free-of-charge types, monthly charge* €1.60 (incl. VAT)
Investor’s portfolio, monthly charge* €2.40 (incl. VAT)
if only free-of-charge types, monthly charge* €1.60 (incl. VAT)
OP Private portfolio management custody, monthly charge* €2.40 (incl. VAT)
if only free-of-charge types, monthly charge* €1.60 (incl. VAT)
Pension custody, monthly charge €2.60 (incl. VAT)
if only free-of-charge types, monthly charge No charge

*No charge if equity brokerage fees for the previous calendar quarter exceeded €500. 

Registration and settlement fees for domestic securities

Trades brokered by OP Corporate Bank, debit/credit No charge
OP Fund Management Company’s fund units, debit/credit No charge
Clearing fee for bonds and money market instruments €5.00 (incl. VAT)
Credit transfer of bonds and money market instruments €6.20 (incl. VAT)
   

Deposit/withdrawal of securities in custody of OP/account operator

Deposit of shares, bonds or fund units other than OP Fund Management Company fund units No charge
Withdrawal of shares, bonds or fund units other than OP Fund Management Company fund units €5.00 (incl. VAT)
Registration of trades or subscriptions not brokered by OP Corporate Bank €25.00

Transfer between book-entry accounts

Transfer between client’s own book-entry accounts within OP Financial Group No charge
Transfer of individual book-entries to other than own account (e.g. inheritance, gift) €5.00 (incl. VAT)
Transfer of individual book-entries to own account with another account operator is charged by type of asset €25.00 (incl. VAT)
Transfer from other account operator to OP Custody Ltd’s account operator (so-called transfer of entire account) (charged from client if necessary) €30.00 (incl. VAT)
Transfer from OP Custody Ltd’s account operator to other account operator (so-called transfer of entire account) No charge

Custody service fees for foreign securities are divided into price groups by country. 

Price group 1: Denmark, Norway, Sweden
Price group 2: Austria, Belgium, Italy, Luxembourg, Spain, Switzerland
Price group 3: Australia, Hong Kong, Iceland, Japan,
Mexico*, New Zealand, Portugal, Singapore, South Africa
Price group 4: Foreign bond issues through Euroclear


0.10% (incl. VAT)
Price group 5: Brazil*, China*, Czech Republic*, Greece*, Hungary*, India*,
Indonesia*, Malaysia, Philippines*, Poland*, South Korea*, Taiwan*, Thailand, Turkey*
Price group 6: Other countries
Price group 7: Argentina*, Chile*, Egypt*, Israel*, Morocco*, Romania*, Russia*

0.47% (incl. VAT)
Price group 8: France, Germany, Netherlands
Price category 9: Canada, Ireland, United Kingdom, United States
0.10% (incl. VAT)
Price category 10: Estonia, Latvia, Lithuania 0.23% (incl. VAT) 0,23 % (sis. ALV)

*To invest in the market, the client needs to open a book-entry account. Please contact OP/Securities Custody, tel. 010 252 7040

Trade settlement fees for foreign securities

Purchases, sales, additions and deductions

Price group 1* €9,00
Price group 2* €25,00
Price group 3* €35,00
Price group 4 €12,00
Price group 5, 6, 7 €100,00
Price group 8*, 9* €15,00
Price group 10 €25,00

*Settlement of trades brokered by OP Corporate Bank are free of charge

Conversion/change of depository receipts €123.00 (incl. VAT)
Conversion of a share traded publicly abroad into a depository receipt traded publicly in Finland, charge per order/type  
Conversion of a depository receipt traded publicly in Finland into a share traded publicly abroad, charge per order/type  
Fee for clawback of overpaid tax deductions abroad €200.00 (incl. VAT) 

Transfer of foreign security

Transfer between client’s own custody accounts within OP Financial Group, transfer to another custodial bank or reception from another custodial bank.

Price group 1 €9,10
Price group 2 €25,20
Price group 3 €35,30
Price group 4 €12,10
Price group 5, 6, 7 €100,80
Price group 8, 9 €15,10
Price group 10 €25,20

When receiving a physical security, postal and insurance expenses and the foreign custodial bank’s expenses will be charged. 

In the event that a banking service cannot be found on this list of charges and fees, a fee may, however, be charged using, for example, hourly rates as the basis. Hourly rate of a bank employee €100, 00
The charges and fees quoted on the list include VAT. The valid VAT at each given time will be charged.  
Real-time price information – one bid/offer level*  €2.40 per month (incl. VAT)
Real-time price information – five bid/offer levels* €5.00 per month (incl. VAT)
Real-time news* €5.00 per month (incl. VAT)
Online investment research (incl. VAT) €0.40 per month (incl. VAT), free of charge for owner-customers

*No charge if equity brokerage fees for the previous calendar quarter exceeded €500.

Asset value based pricing

Alternatively, custody fees may be determined on a client-specific basis based on asset value. Fees are determined by the average value of the assets in custody during the calculation period (month). Free of charge for owner-customers, benefit valid as of 1 January 2021.

Average monthly value of assets in custody (incl. VAT). No custody fees are charged for security types that are free of charge. Custody-specific

Registration of right or restriction

Registration of distress, precautionary measure, bankruptcy or guardianship in book-entry account No charge
Registration, change or deletion of right to income etc. related to book-entry €10.00 (incl. VAT)

Lists, certificates, calculations and client reports

Printed reports of securities custody if the user has a valid eServices Agreement, fee per report/calculation €2.50 (incl. VAT)
Extra or abnormal statement of holdings and book-entry account notification from OP Custody Ltd’s account operator €10.00 (incl. VAT)
Extra client report not included in service €20.00 per month (incl. VAT)
Separate certificate, calculation or tax at source report, based on actual labour costs incurred, minimum €10.00 (incl. VAT)

Pledged book-entry account and custody

OP cooperative bank pledges, monthly charge €2.80 (incl. VAT)
Third-party pledges, monthly charge €3.60 (incl. VAT)

 

Book-entry account

Open a book-entry account and start investing.

Owner-customer benefits on investment

Read more about our comprehensive benefits from saving and investment.