Operational Charges

Branch Banking Operation Service Commission and Charges

No.

Bank Service

Rate ETB

1

CPO


1.1

Commission (account holder)

100

1.2

Commission (non-account holder)

150

1.3

Cancellation service charge (account holder)

100

1.4

Cancellation Service charge (non- account holder)

150

1.5

Replacement Service charge (account holder)

100

1.6

Replacement Service charge (non-account holder)

150

1.7

Lost and refund (account holder)

150

1.8

Lost and refund (non-account holder)

200

2

Interbank Charge


2.1

Service Charge (RTGS)

100

2.2

Small Item Check clearing

10

3

Cost of Cheque Books


3.1

100 leaves

350

3.2

50 leaves

250

3.3

25 leaves

150

4

Passbook Charges


4.1

1st time issuance

free

4.2

Lost Replacement

100

4.3

Damaged Replacement

100

4.4

Replacement After Full Utilization

free

4.5

Account closure

100

5

Cheque operations 


5.1

Insufficient first instance

As per NBE directives (record and block)

5.2

Insufficient second instance

As per NBE directives (record, block and 3% of the cheque amount but not exceeding birr 25,000.00)

5.3

Insufficient third instance

As per NBE directives (record, close and 5% of the cheque amount but not exceeding birr 50,000.00)

5.4

Stop payment charge

200

6

Confirmation Letter


6.1

For local

100 birr plus courier cost

6.2

For international

200 birr plus courier cost

6.3

Audit confirmation

200

7

Duplication


7.1

Duplicate advise per page

15

7.2

Duplicate statement per page

20

7.3

Other duplicates

15

8

Standing Instruction


8.1

Standing Instruction With in our Bank

25 per Instruction

8.2

Standing Instruction to other Bank

100 per transaction

9

Court and Any Related Injunction Fee per Case


9.1

For Company

200

9.2

For Individuals

150

International Banking Service Terms and Tariffs

S.NFees Charged for FX ServicesLetter of CREDT(LC)Cash aginst documentAdvance paymentService paymentCash Sales
1LC Opening Commision
2Service Charge4%4%4%4%4%
3Confirmation Charge
4Amendement Fee
5Extention before expiry fee
6Extention after Expiry fee
7LC Cancellation Commission
TOTAL4%4%4%4%4%

Local Letter of Guarantee Commission and Charges

No.

Particular

Rate ETB

1

Letter of Guarantee Local


1.1

Advance Payment



Against 100% Cash

0.5% Minimum Br. 500 per quarter and part thereof


Credit Facility with Collateral

1.25% Minimum Br. 1,000 per quarter and part thereof


Credit – Clean

2.25% Minimum Br. 1,000 per Quarter and part thereof

1.2

Performance Guarantee



Against 100% Cash

0.5 % Minimum Br. 500 per quarter and part thereof


Credit Facility with Collateral

1.25 % Minimum Br. 1,000 per quarter and part thereof


Credit – Clean

2 % Minimum Br. 1,000 per Quarter and part thereof

1.3

Bid Bond



Against 100% Cash

0.5 % Minimum Br. 500 per quarter and part thereof


Credit Facility with Collateral

1.25 % Minimum Br. 1,000 per quarter and part thereof


Credit – Clean

1.75 % Minimum Br. 1,000 per Quarter and part thereof

1.4

Customs Bond



Against 100% Cash

0.5% Minimum Br. 500 per quarter and part thereof


Credit Facility with Collateral

1.25 % Minimum Br. 1,000 per quarter and part thereof


Credit – Clean

2 % Minimum Br. 1,000 per Quarter and part thereof

1.5

Others



Against 100% Cash

0.75% Minimum Br. 500 per quarter and part thereof


Credit Facility with Collateral

1.5 % Minimum Br. 1,000 per quarter and part thereof


Credit – Clean

2.25% Minimum Br. 1,000 per Quarter and part thereof

Credit processing fee

No.

Request Amount

Rate ETB

1

<1,000,000.00

3,000.00 

2

1,000,000.00< x < 5,000,000.00

6,000.00 

3

5,000,000.00< x < 10,000,000.00

10,000.00 

4

10,000,000.00< x < 50,000,000.00

35,000.00 

5

50,000,000.00< x < 100,000,000.00

50,000.00 

6

100,000,000.00< x <200,000,000

100,000.00

7

>200,000,000

150,000.00 

Property estimation fee

No.

Type of Collateral

Rate ETB



Addis Ababa

Out of Addis Ababa

1

Residential Building up to G+2

750

1,000

2

Commercial building up to G+2

1,500

2,000

3

Residential Building greater than G+2

2,000+200/floor

2500+300/floor

4

Commercial building greater than G+2

2500+200/floor

3,000+300/floor

5

Buildings (real estate, apartment, hotel)

3,000+200/floor

3500+300/floor

6

Projects on progress

2,000+200/floor

2500+300/floor

7

Store

1,500+200/floor

2,000+300/floor

8

Coffee hulling and washing site

2,000/site

3,000/site

9

Flower farms and other plantations

2,000/greenhouse

3,000/greenhouse

10

Motor vehicle/automobile

750/vehicle

1,000/vehicle

11

Trucks

750/truck

1,000/truck

12

Construction Machineries

1,000/machinery

1,500/machinery

13

Factory machineries

1250/plant

1,500/plant

14

Revaluation

same as above

Others

No.

Particulars

Charges Applicable

1

Renegotiation Charge (Waiver of repayment, rescheduling, grace period extension and other contract renegotiations)

1st time

0.25% of the principal outstanding balance



2nd time and more 

0.5% of the principal outstanding balance

2

Early Settlement Charge


3% of the principal outstanding balance

3

Renewal of existing credit fa-cility 

at existing limit

50% of the credit processing fee based on the facility limit



at in-creased limit

the existing limit shall be charged 50% the credit processing fee and the increased amount shall be charged with the existing credit processing fee

4

Processing fee for Ap-peal/reconsideration of credit decision


25% of the credit processing fee

5

Collateral re-lease/replacement


25% of the credit processing fee

Card Banking

No.

Classic Debit Card

Service Fees

1

Card issuing & Replacement

ETB 50

2

PIN Replacement

ETB 25

3

Cash Withdrawal on ATM

0.5% Per txn

4

POS Merchant Payment

0.1% Per txn

5

Balance Inquiry

0.50 Cent Per txn

6

Mini Statement

1 Birr per txn

Mobile and Internet Banking

No.

Mobile & Internet Banking

Service Fees

1

Registration for the Service 

Free


2

Fund transfer Within the Bank

Free



Transaction Value 

Fee

3

Fund transfer to other Banks

Less than or equal to 5,000 Birr 

ETB 0.40 Per 100 Birr transaction



Between 5,001 & 25,000 Birr

ETB 0.24 Per 100 Birr transaction



Between 25,001 & 100,000 Birr

ETB 0.16 Per 100 Birr transaction



Between 100,001 & 1,000,000 Birr

ETB 0.08 Per 100 Birr transaction



More than 1,000,000 Birr

ETB 0.04 Per 100 Birr transaction

4

Telebirr Transfer  

For any Transaction Value

0.1% per transaction

5

Telebirr Agent Transfer 

For any Transaction Value  

0.1% per transaction 

6

Telebirr Agent Transfer Over-The-Counter (OTC)

For any Transaction Value

Fixed 25 Birr