The initial payment payable by buyers must be transferred to the following bank account of the Administrator of the ETTS:
Bank: Luminor Bank AB
Bank code: 40100
Account No. LT66 4010 0510 0206 3368
The following must be specified in the payment details: auction date, seller, auction name.
Buyers intending to purchase Timber at an auction must transfer the respective initial payment to the bank account of the Administrator of the ETTS for the amount of Timber they intend to buy or provide the Administrator of the ETTS directly, by regular mail or e-mail (ue.looptlab@aneidem), with a guarantee that the contract will be concluded.
The initial payment for long-term, half-year contracts must be provided at least 8 business days before the start of the respective auction and for short-term contracts – at least 1 business day before the start of the respective auction.
Amounts of the initial payment: