OREANDA-NEWS. Please be informed that factoring fees applied to corporate customers are changing from March 1st, 2012, reported the press-centre of Siauliu Bankas.

A fee applied to a Factoring agreement conclusion shall comprise 0.5 per cent of the factoring limit amount plus the added value tax (VAT), a fee applied to acceptance of an invoice offor the domestic factoring will reach up to 0.4 per cent plus VAT, while up to 0.5 per cent plus VAT will be applied to an international invoice.

Moreover, the customer’s risk evaluation charges are changing as well: LTL 85 plus VAT shall be applied to enterprises registered in Lithuania and LTL 180 plus VAT shall be charged from the enterprises registered abroad.

A fee applied to amendments in the agreement shall remain the same, i.e. LTL 250 plus VAT shall be applied to the clients that decide changing the conditions of the factoring agreement.