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

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