TARIFFS

DOMESTIC BANKING TERMS & TARIFFS

S.NDescriptionGBE Tariff
1Pass Book IssuanceFree
2Replacement Of Used Pass BookFree
3Lost Pass Book Replacement35
4Damaged Pass Book Replacement30
5Saving Account closed After 6 Months of Opening30
6Saving Account closed Within 6 Months of Opening30
7Inactive Saving Account Balance Less Than Birr 5015
S.NDescriptionTariff
1.Monthly Statement (Copy)5 Birr Per Page
2.Account Closure75
3.Blocking of CashFree
4.Withdrawal of cash at a branch different from where an account is held within the same town up to birr 5000Free
5.Withdrawal of cash at a different town from where an account is held above birr 5000Free
6.Cashing a cheque by a beneficiary other than the account holder via branches where the account holder doesn't maintain an accountFree
S.NDescriptionTariff
Service Charge
1.Account Holder100
2.Non-Account Holder150
    Service charge on cancelation of CPO
1.For Account Holder100
2.For Non-Account Holder150
Service charge on loss of CPO Refund
1.Account Holder150
2.Non-Account Holder200
Service Charge on Replacement of CPO
1.Account Holder100
2.Non-Account Holder150
CPO presented for payment other than its issuance branch/town
1.CommissionMill, Min Br 10
2.Telephone10
3.Postage100
CPO presented for payment in the same city/town
1.CommissionFree
CPO drew on other banks (city branch) for Account Holder
1.Account HolderFree
2.Commission For non-Account Holder100
S.NDescriptionTariff
1.Transfer of Fund from Account to AccountFree
2.Normal Cheque Clearance20
3.Special CK Clearance100
4.RTGS (Real-time gross settlement)100
S.NDescriptionTariff
Balance Confirmation Charge
1.For Local100
2.For Local-Register mail150
3.For International/abroad150
4.For International-Register mail150
5.For Customer/External Auditor150
6.Monthly Standing Instructions per Transaction20
Stop Payment
1.Service charge CK, CDT, etc____ Issue100
2.Loss of Ck more than one leafbirr 5 per cheque
3.Lost CK Book100
S.NDescriptionTariff
1.100 LeavesPrevailing Printing cost plus 100
2.50 LeavesPrevailing Printing cost plus 50
3.25 LeavesPrevailing Printing cost plus 25
4.10 LeavesPrevailing Printing cost plus 25
S.NDescriptionTariff
1.Current Account below birr 250 (every six months)50 Birr
Duplicate
1.Duplicate of advice per page for the current year 20 Birr
2.Duplicate of advice over 1 year per page50 Birr
3.Preparing Duplicate statements per page20 Birr
4.Duplicate/photocopy of another document5 Birr
5.Photocopy ID cardFree
S.NDescriptionTariff
1.For Company200 Birr
2.For Individual150 Birr
S.NDescriptionTariff
1.First InstanceIssue 1 st Warning Letter and penalized Birr 300
2.Second InstanceIssue 2nd Warning Letter: Penalize 3% of Returned CK value not exceeding birr 25,000
3.Third InstancePenalize 5% of CK value  not exceeding Birr 50,000 and close the account and send a report about the closure of that specific current account to NBE within five working days
                                    Authentication Fee (POA)100
                                   Salary Payment per entryFree

CREDIT SERVICE TERMS & TARIFFS

S.NDescriptionTariff
1.Credit Information below 100,000Free
2.Credit Information From 100,000 - 1,000,0001,500
3.Credit Information Above 1,000,0012,500
S.NDescriptionTariff
1.NPLS, Rescheduling and upon clearing arrears5000
2.Regular credit facility1000
3.Due to an error from the bank sideFree
S.NDescriptionTariff
1.Audit confirmation letter500

 

S.NDescriptionTariff
1.Guarantee Confirmation Letter500
S.NDescriptionTariff
1.Early Payment feeBased on the remaining repayment
2.Early Settlement feeBased on the remaining repayment
S.NDescriptionTariff
1.Penalty rate for loans under NPL4%
2.Penalty rate for loans under special mention2%

 

S.NDescriptionTariff
1.Loan Processing Fee (excluding guarantee facility and staff loan)Based on the requested loan amount
2.Appeal Processing Fee (for any decision)Birr 3000

 

S.NDescriptionTariff
1.All term loansBased on the approval disbursement
2.OD FacilityBased on the approval disbursement
3.Fresh pre-shipment facilityBased on the approval disbursement
4.Existing outstanding OD facilityBased on the approval disbursement
5.Existing Outstanding Pre-shipmentBased on the approval disbursement

 

S.NDescriptionTariff
1.Guarantee reapproval elapsed one monthBirr 10,000
2.Loan reapproval elapsed three monthsBirr 5,000
3.Rescheduling with the extension of the loan period, including pre-shipment & overdraft conversion to term loan1% of Outstanding loan but not exceed, Max Birr 500,000, Min Birr 10,000
4.Additional Grace Period on project loan/term loan1% of Outstanding loan but not exceed, Max Birr 500,000, Min Birr 10,000
5.credit facility transfer from one customer to other customers at the request of the borrower2% of loan transfer facility fee
6.Transfer of loan file from branch to branchBirr 20,000
7.Waiver of repayment (Including interest and principal)2% of total repayment but not exceed, Max Birr 300,000, Min Birr 10,000 
8.Amendment of repayment modality2.5 % of repayment amount but not exceed , Max Birr 100,000, Min Birr 3,000 
9.Guarantee conversion to a term loan 2% of the outstanding guarantee but not exceed, Max Birr 500,000, Min Birr 15,000  
10.Suspension of foreclosure decision1% of the outstanding loan but not exceed, Max Birr 500,000, Min Birr 15,000 
11LC margin processing fee1% of margin utilization fee applied on LC value less margin paid per (90 days) period on the utilized amount and minimum Birr 10,000

 

S.NDescriptionTariff
Collateral Substitution Fee 
1.Collateral Substitution Fee per collateral10,000
Collateral Release Fee

1.

Release request that maintains previous collateral-to-loan ratio and above per collateralBirr 10,000
2.collateral release for fully settled loan per eachFree
3.Allowing registration of collaterals on a second degree by other banks per collateralBirr 15,000
4.Any amendment related to collateral like transfer of ownership title, change of approval plan, etc. per collateralBirr 5,000
5.Collateral split fee per collateral7,500 but amount to be charged should not exceed maximum of Birr 150,000
6.Merchandise loan handling charge each time a merchanbdise is pledged or realesed per visit15,000
S.NDescriptionTariff
1.Registration of initial notice300
2.For extending the period of effectiveness of initial notice300
3.For any person who wants to get a signed certificate200
S.NDescriptionTariff
1.Residential and non-complex storesBirr 5,000 per title deed
2.Multistory buildingBirr 5,000 for the first floor and Birr 2,000 for each additional floor
3.industrial machinery (large)Birr 1,500 per machine, but the minimum amount to be charged is Birr 10,000
4.Construction machineryBirr 2,000 per machine
5.Workshop machinery in group Birr 2,000 per group or the market valuation fee charged by an external expert if appraised by an external valuator acceptable to the bank
6.Factory MachineryBirr 2,000 per group or the market valuation fee charged by an external expert if appraised by an external valuator is acceptable to the bank, but a minimum amount to be charged is Birr 10000
7.Vehicle/Automobile, truck, Agricultural MachineryBirr 5,000 per vehicle or the market valuation fee charged by an external expert if appraised by an external valuator is acceptable to the bank, but a minimum amount to be charged is Birr 10,000
8.For outlying Branches located outside of Addis AbabaIn addition to the charges indicated above the customer shall reimburse the premium, Accommodation, and transportation costs to the bank. The cost shall be prorated if the service is given to more than one client
S.NDescriptionTariff
1.Line of credit facility confirmation letter feeBirr 500
2.Commitment fee for term loan0.75% of the approval amount
3.Commitment fee for revolving facilities0.5% of the approved limit for new facility and renewal
4.Insurance premium payment charge 10% of the insurance premium, a minimum shall be birr 3,000
5.Any letter regarding credit facilities is to be issued at the request of the borrower500 per letter

DIGITAL BANKING TERMS & TARIFFS

S.NDescriptionTariff
1.Online RegistrationFree
2.Password Change requestFree
3.Annual feeFree
4.Card issuance/joining fee25 Birr
5.Card replacement25 Birr
6.PIN replacement fee 15 Birr
7.Additional account link free
8.Renewal fee50 Birr
9.Cancelation feefree
10.Supplementary Card 180 Birr
11.Balance inquiry 0.50 cent
12.Mini statement1 birr
13.Checkbook requestFree
14.Stop ChequeFree
15.Loan StatementFree
16.Telebirr through branch screen per Transaction25 birr
S.NDescriptionTariff
1.Our customers on our ATM (On Us)0.50%
2.Other bank customers on our ATM (Off Us)0.50%
3.Our customers on other bank ATMs (Remote On Us)0.50%

S.N

Description

Tariff

1

Purchase Transaction

Free

S.NDescriptionTariff
1.Top upFree

 

S.NDescriptionTariff
1.Air TicketFree
S.NDescriptionTariff
1.Bill payment Free

Credit limit

Mode of loan repayment

Channels

Facilitation Fee

Daily fee

Penalty fee

15% of customer salary

7 Days

MA&USSD

0.5%

0.22%

0.4%

33% of customer salary

 15 days

MA&USSD

0.75%

0.25%

0.45%

50% of customer salary

 30 days

MA&USSD

1%

0.3%

0.5%

Installment types

Percentage of down payment

VAT applicable (15%) for all insurances

Facilitation Fee

Daily Interest Rate for Individuals.

Daily Interest Rate for Corporates.

Penalty fee (after due date)

One Month Installment 

8.3%

YES

6.50%

N/A

N/A

0.5

Three-Month Installment

8.3%

YES

7%

0.11%

0.05%

0.5

Six-Month Installment 

15%

YES

10%

0.11%

0.05%

0.5

Nine-Month Installment

25%

YES

15%

0.11%

0.05%

0.5

S.NDescriptionTariff
1.Account to Tele Birr Wallet (Daily Limit=ETB 50005 birr + 15% VAT
S.NDescriptionTariff
1.Account to (GBE) walletFree
S.NDescriptionTariff
1.Between Own AccountFree
2.Account to other GBE account transferFree
S.NDescriptionTariff
1.P2P Fund Transfer for Txn value less than or equal to 5,000 birr0.40/100
2.P2P Fund Transfer for Txn value between 5,001 and 25,0000.32/100
S.NDescriptionTariff
1.Account/Wallet to social media, email, and mobileNot Working 

CREDIT LIMIT

MODE OF LOAN REPAYMENT

LOAN FACILITATION FEE

DAILY FEE

EXTENSION FEE

PENALTY FEE (AFTER DUE DATE)

7 DAYS

3750 ETB

1.5%

0.7%

N/A

0.50%

14 DAYS

7500 ETB

2.5%

0.8%

N/A

0.50%

30 DAYS

10000 ETB

2.5%

0.9%

N/A

0.50%

INTERNATIONAL BANKING TERMS & TARIFFS

S/N

Fees Charged for FX Services

Import Permits

Service Payments

Cash Sales

LC

CAD

TT

1

LC Opening Commission

2%

NA

NA

NA

NA

2

Service Charge

2%

4%

4%

4%

4%

3

Confirmation Charge

Free

NA

NA

NA

NA

4

Amendment Fee

Free

Free

Free

Free

NA

5

Extension Before Expiry Fee

Free

Free

NA

NA

NA

6

Extension After Expiry Fee

Free

Free

NA

NA

NA

7

LC Cancellation Commission

Free

Free

Free

NA

NA

 

 

Total

4%

4%

4%

4%

4%