A much better bank

We have made the transition as comfortable as possible. Loan, lease and guarantee agreements have been automatically transferred to LHV. From now on, just make sure that you make your loan and lease payments and pay guarantee agreement risk premiums to the right account.

How to make loan payments
How to make lease payments
How to pay guarantee agreement risk premiums

All amounts transferred to your credit service account in Danske bank will be automatically transferred to your LHV account until the end of October 2020. The Danske bank account will thereafter be closed.

The terms and conditions of your agreement and the payment date will remain the same, but the LHV price list and terms will apply to agreements starting 3 October 2020.

LHV's loan and leasing agreements can be conveniently viewed in LHV's Internet bank and mobile app, except guarantees and apartment association loans. This requires entering into an LHV client agreement. The client agreement is free and allows you to use the internet bank and app for viewing information related to your loan and/or lease agreements.

The LHV internet bank and mobile app can be entered with a mobile ID; Smart-ID or ID card.

To enter into a client agreement, write to sales@lhv.ee.

To do this, make a transfer to the LHV credit service account – you'll find the particulars in the email we sent you on 5 October.

When making the loan payment, specify your company's name as the beneficiary.

There is no need to enter a reference number. You can enter the agreement number or “Performance of credit agreement” under payment details.

If you have a valid standing order for paying the loan to the Danske bank account, please cancel this agreement.

Yes, the mortgages will be transferred to LHV. You do not need to take separate action in this regard and it will not incur additional costs.

We will email you the lease invoice 10 days before the payment date.

From now on, please use the following details for making the lease payment.

• Beneficiary: LHV Pank AS
• Account number: EE497700771000879654
• Amount: the amount specified on the invoice
• Payment details: specify your lease agreement number or leave blank
• Reference number: the reference number shown on the invoice

Lease payments at LHV are agreement-based, which means you will get separate invoices for each agreement instead of one lump-sum invoice. The most convenient way of making lease payments is by automatic e-invoice standing order. You can order a new e-invoice and enter into a new standing order agreement in the internet bank where you make your lease payments. If desired, we will also email you the invoice. If you would like the invoices emailed to you, let us know at liising@lhv.ee. In the email, make a note of the email address where you would like to receive the invoices.

When the lease agreements were taken over by LHV, the owner of the vehicle changed (from Danske bank to LHV Pank) and thus we applied for a new registration certificate for your vehicle. The new registration certificate will be sent to the legal address of your company on file with Commercial Register.

The collateral insurance agreement will remain in force until the end date of the policy and the insurance company has been notified of the change in the beneficiary.

When renewing the policy, specify AS LHV Pank as the beneficiary.

If a pledge was established on a deposit to secure your company’s obligations, this will also be automatically transferred to LHV and no action is required on your part.

LHV will contact you in regard to paying accrued interest on the deposit.

The guarantor is now LHV Pank.

We recommend contacting the guarantee recipient and notifying them of the change in the guarantor.

If the risk premium has been prepaid on the basis of the guarantee agreement, no further action is required on your part.

If the guarantee agreement requires the payment of a periodic fee, please proceed from the following.

• To do this, make a transfer to the LHV loan account - you'll find the particulars in the email we sent you on 5 October.
• When making the loan payment, specify your company's name as the beneficiary.
• There is no need to enter a reference number.
• Enter your guarantee agreement number in the payment details.

If you wish to amend the agreement, please contact your account manager. You’ll find the contact details for your account manager in the message we sent you on 5 October.