Summary of Products and Services Tariff Guide

Detail Charges will available at our Branches

Product and Services Tariff
Banking Business Services
Deposit Accounts interest rate
oridinary 7%
Minor 7%
Women 7.125%
Youth 7.125%
Youth Teen 7.125%
Education 7.125%
Holiday 7.5%
wedding 7.5%
Demand Deposit -
Fixed TIME Deposit 7.2%
Local Money Transfer Services(commission)
Up to 3000 Birr Birr 1.00 per mille Min Birr 3
Above Birr 3000 Birr 1.25 per mille
Service Charge on LMTS Birr 30.00
CPO and certified cheque issuance(commission)
for A/C Holders Birr 50
for A/C Holders( for less than Birr 100,000) Birr 100
for A/C Holders( From Birr 100,000 to 1 Million) Birr 250
for A/C Holders( Above 1 Million Birr) Birr 500
Letter of Guarantee-Local
Against 100% Deposit(commission) 1/4% for 3 Months or part thereof Min Birr 250
Guarantee Against Non-Cash Collateral(commission) 3/4% for 3 Months or part thereof Min Birr 500
Guarantee without Collateral(clean base) 1.6%
Product and Services Tariff
Digital Banking Services
Mobile Banking
Local Money Transfer services(LMTS) Birr 1.25 per mille
Own account Money transfer Free
Payment to Beneficiary Free
Payment to Others Free
Internet Banking
Local Money Transfer services(LMTS) Birr 1.25 per mille
Own account Money transfer Free
Payment to Beneficiary Free
Card Banking
New Card Issuance Free
Replacemnet of ATM card 50 Birr
Atm Withdrawal 0.2% Per withdrawal
POS encashment 0.2% Per withdrawal
Product and Services Tariff
International Banking Services
Import Letter or Credit(Private General Commercial) (From LCY)
Opening Commission 4% for 90 days and part thereof Min Birr 2500.00
Service charge(From LCY) 5% for 90 days and part thereof Min Birr 2500.00
Import Letter or Credit(Private General Commercial) (From FCY)
Opening Commission 2% for 90 days and part thereof Min Birr 2500.00
Service charge(From LCY) 2.5% for 90 days and part thereof Min Birr 2500.00
Documentary Collection(Private General Commercial) (From LCY)
Service charge upon purchase order approval 5% for 90 days and part thereof Min Birr 2500.00
Service charge on settlement of document 4.5% for 90 days and part thereof Min Birr 2500.00
Documentary Collection(Private General Commercial) (From FCY)
Service charge upon purchase order approval 1.5% for 90 days and part thereof Min Birr 2500.00
Service charge on settlement of document 1.75% for 90 days and part thereof Min Birr 2500.00
Export
All Export Permit(Export Letter Of credit) Free
Small Item Export permits(other than for export sample)(Export Letter Of credit) 0.1% min. Birr 300
Foreign Guarantee
Incoming foreign indirect Guarantee (Type-1) up to USD 200,000 0.60% Min usd 100.00
Incoming foreign indirect Guarantee (Type-1) up to USD 200,001 - USD 400,000 0.45%
Incoming foreign indirect Guarantee (Type-1) up to USD 400,001 - USD 600,000 0.33%
Incoming foreign indirect Guarantee (Type-1) Above USD 600,000 0.25%
Outgoing Guarantee(for 3 months of part thereof) Againt 100% cash deposit 0.15% Min. USD 50.00
Outgoing Guarantee(for 3 months of part thereof) With Credit Facility 0.5% 3 months of part thereof, Min USD 50
Outgoing Guarantee(for 3 months of part thereof) Guarantee claim payment charge 0.13%
Foreign Transfer
From LCY 9.5% Min Birr 2,500
From FCY 1% Min Birr 2,500
Product and Services Tariff
Credit Services
Lending Interest Rates
Export And other FCY related Credits
Pre-shipment(Up to 1 year) 8.5%
Export Merchandise Loan(Up to 1 year) 8.5%
Export Team Loan(Up to 1 year) 8.5%
Non Export Comercial Loan
OverDraft Facility(Up to 1 year) 14.0%
Merchandise Loan(Up to 1 year) 15.5%
Advance on Import Bills(Up to 3 Months) 17.0%
Short Term Loans(Up to 1 years) 14.0%
Credit Processing Fee
For New request
<= 100 million 0.025% of the loan request amount . min Birr 1000
100 million up to 500 million 0.075% of the loan request amount
>500 million 0.05% of the loan request amount
renewal at existing credit facility limit 0.02% of the existing credit facility . Min Birr 1,000.00
renewal at incremental credit facility limit for existing as per the `new request tariff ` above and 0.04% for the incremental
Collateral Estimation Fees
For residential Birr 1000 +250 per each additional floor
For Commercial Building Birr 1500 +150 per each additional floor
For Factories, stores and warehouses Birr 1500 +150 per each additional floor
Fuel Station Birr 1000 per tank
coffee Hulling and washing site Birr 2,000
vehicles and machineries Birr 500 per booklet/item
Any Farm Birr 2000 per green house and Birr 1000 per block for other bulding
Collateral Estimation Fees for other movable properties
registration an initial Notice Birr 150
Extending the Period of Effectiveness of initial notice Birr 100