Terms and Tariffs
Conventional Lending Interest Rates
1. Base Interest Rates for Non-Export Term Loans
| S/N | Business Sector | Collateral Type |
||||
| Cash | CE | B&O | Movable | BM | ||
| 1 | Agriculture | DIR+3 | 15.00 | 16.50 | 17.25 | 18.00 |
| 2 | Educational and Health Facilities | DIR+3 | 15.00 | 16.50 | 17.25 | 18.00 |
| 3 | Hotels and tourism | DIR+3 | 15.00 | 16.50 | 17.25 | 18.00 |
| 4 | Manufacturing | DIR+3 | 15.00 | 16.50 | 17.25 | 18.00 |
| 5 | Microfinance and SACCOS* | DIR+3 | 15.00 | 16.50 | 17.25 | 18.00 |
| 6 | Primary Coops. & Cooperative unions | DIR+3 | 15.00 | 16.50 | 17.25 | 18.00 |
| 7 | Financial institutions other than banks | DIR+3 | 15.00 | 16.50 | 17.25 | 18.00 |
| 8 | Domestic trade and service | DIR+3 | 16.50 | 18.00 | 18.75 | 19.50 |
| 9 | Import | DIR+3 | 16.50 | 18.00 | 18.75 | 19.50 |
| 10 | Building Construction and Real Estate | DIR+3 | 16.75 | 18.25 | 19.00 | 19.75 |
| 11 | Construction Machinery | DIR+3 | 16.75 | 18.25 | 19.00 | 19.75 |
| 12 | Mining | DIR+3 | 16.75 | 18.25 | 19.00 | 19.75 |
| 13 | Transport | DIR+3 | 16.75 | 18.25 | 19.00 | 19.75 |
2. Base Interest Rates for Export Term Loans
| FCY Generation/Loan Ratio | Collateral Type |
||||
| Cash | CE | B&O | M | BM | |
| <=25% | DIR+3 | 15.00% | 15.50% | 16.00% | 16.50% |
| 40% | DIR+2.75 | 14.75% | 15.25% | 15.75% | 16.25% |
| 50% | DIR+2.5 | 14.50% | 15.00% | 15.50% | 16.00% |
| 60% | DIR+2.25 | 14.25% | 14.75% | 15.25% | 15.75% |
| 70% | DIR+1.75 | 13.75% | 14.25% | 14.75% | 15.25% |
| 80% | DIR+1.25 | 13.25% | 13.75% | 14.25% | 14.75% |
| 90% | DIR+0.75 | 12.75% | 13.25% | 13.75% | 14.25% |
| 100% | DIR+0.5 | 12.00% | 12.50% | 13.00% | 13.50% |
| 150% | DIR+0.25 | 11.00% | 11.50% | 12.00% | 12.50% |
| 200% | DIR | 9.00% | 9.50% | 10.00% | 10.50% |
- Interest Rate Margin Based on Loan Period, Repayment Structure for all Sectors, Export and Non -Export
| S/N | Loan Period | Repayment Structure |
||||
| Monthly | Bi- Monthly | Quarterly | Semi-Annually | Annually | ||
| 1 | ≤ 12 M | 0.00% | 0.25% | 0.50% | 0.75% | 1.00% |
| 2 | 12< M ≤ 24 | 0.25% | 0.50% | 0.75% | 1.00% | 1.25% |
| 3 | 24 < M ≤ 36 | 0.50% | 0.75% | 1.00% | 1.25% | 1.50% |
| 4 | 36 < M ≤ 48 | 0.75% | 1.00% | 1.25% | 1.50% | 1.75% |
| 5 | 48 < M ≤ 60 | 1.00% | 1.25% | 1.50% | 1.75% | 2.00% |
| 6 | 60 < M ≤ 72 | 1.25% | 1.50% | 1.75% | 2.00% | 2.25% |
| 7 | 72< M ≤ 84 | 1.50% | 1.75% | 2.00% | 2.25% | 2.50% |
| 8 | 84 < M ≤ 96 | 1.75% | 2.00% | 2.25% | 2.50% | 2.75% |
| 9 | 96 < M ≤ 108 | 2.00% | 2.25% | 2.50% | 2.75% | 3.00% |
| 10 | Above 108 M | 2.25% | 2.50% | 2.75% | 3.00% | 3.25% |
3. Interest Rates for Non -Export Overdraft Facilities
| S/N | Sector | Cash | CE | B&O | Movables | BM |
| 1 | Agriculture | DIR+3.25 | 15.75 | 17.75 | 19.00 | 20.00 |
| 2 | Educational and Health Facilities | DIR+3.25 | 15.75 | 17.75 | 19.00 | 20.00 |
| 3 | Hotels and tourism | DIR+3.25 | 15.75 | 17.75 | 19.00 | 20.00 |
| 4 | Manufacturing | DIR+3.25 | 15.75 | 17.75 | 19.00 | 20.00 |
| 5 | Microfinance and SACCOS | DIR+3.25 | 15.75 | 17.75 | 19.00 | 20.00 |
| 6 | Primary Coops and Cooperative unions | DIR+3.25 | 15.75 | 17.75 | 19.00 | 20.00 |
| 7 | Financial institutions other than banks | DIR+3.25 | 15.75 | 19.25 | 20.50 | 21.50 |
| 8 | Domestic trade and service | DIR+3.25 | 17.25 | 19.25 | 20.50 | 21.50 |
| 9 | Import | DIR+3.25 | 17.25 | 19.25 | 20.50 | 21.50 |
| 10 | Building and Construction | DIR+3.25 | 17.50 | 19.50 | 20.75 | 21.75 |
| 11 | Construction Machinery | DIR+3.25 | 17.50 | 19.50 | 20.75 | 21.75 |
| 12 | Mining | DIR+3.25 | 17.50 | 19.50 | 20.75 | 21.75 |
| 13 | Transport | DIR+3.25 | 17.50 | 19.50 | 20.75 | 21.75 |
4. Interest Rates for Export Overdraft Facilities
| S/N | FCY Generation/LoanRatio | Cash | CE | B&O | Movables | BM |
| 1 | <=25% | DIR+3.25 | 15.75% | 16.75% | 17.75% | 18.50% |
| 2 | 40% | DIR+3.00 | 15.50% | 16.50% | 17.50% | 18.25% |
| 3 | 50% | DIR+2.75 | 15.25% | 16.25% | 17.25% | 18.00% |
| 4 | 60% | DIR+2.50 | 15.00% | 16.00% | 17.00% | 17.75% |
| 5 | 70% | DIR+2.00 | 14.50% | 15.50% | 16.50% | 17.25% |
| 6 | 80% | DIR+1.50 | 14.00% | 15.00% | 16.00% | 16.75% |
| 7 | 90% | DIR+1.00 | 13.50% | 14.50% | 15.50% | 16.25% |
| 8 | 100% | DIR+0.75 | 12.75% | 13.75% | 14.75% | 15.50% |
| 9 | 150% | DIR+0.50 | 11.75% | 12.75% | 13.75% | 14.50% |
| 10 | 200% | DIR | 9.75% | 10.75% | 11.75% | 12.50% |
5. Interest Rates for TemporaryOverdraft and Overdrawal
Temporary Revolving Facilites |
Interest Rate |
| Temporary Overdraft | 22.00% |
| Overdrawal (on Current A/C or Overdraft) | 22.00% |
6. Interest Rates for Export Pre- or Post-Shipment Revolving Facilities
- Interest Rates for Export Pre- or Post-Shipment Facilities with Tangible Collateral
| Product Type | Tenure in Days [D] | For Cooperative Unions | For customers other than Unions | ECG of DBE |
| For Pre- and Post-Shipment [For All Sectors] | D ≤ 180 | 13.00% | 13.50% | 12.50% |
- Interest Rates for Pre- or Post-Shipment Loan Settlement after 180 Days
Sector |
Up to 6 month |
From 6 month upto One Year | ||
| For Cooperative Unions | For customers other than Unions | For Cooperative Unions | For customers other than Unions | |
| All Export | 16.00% | 19.5% | 20.5% | 20.5% |
- Interest Rates for Settlement of Pre- or Post-Shipment Loan in LCY
| For Cooperative Unions | For customers other than Unions | ECG DBE |
| 21.00% | 22.00% | 20.00% |
7. Interest Rates for Gold Export Temporary Term Loan
| Tenure in Days [D] | Interest Rate |
| D ≤ 180 days | 11.00% |
8. Interest Rates for Advance Against Import Bill
| Tenure in Days [D] | Interest Rate |
| D ≤ 90 days | 22.00% |
| >90 days | 22% + 3% Default Rate |
9. Interest Rates for Non – Export Merchandise Loans
| Repayment Period in Days [D] | Interest Rate | Advance |
| Repayable within 90D | 18.00% |
Maximum upto 75% |
| Repayable between 90 and 180D | 18.25% | |
| Repayable over 180D including revolving Merchandise | 18.50% | |
| Merchandise in transit for 90D | 18.75% | |
| Merchandise in transit b/n 90 D and 180 D | 19.00% | |
| Merchandise in transit over 180D incl. revolving Merchandise | 19.20% |
10. Interest Rates for Non – Export and Export Merchandise Loan Against ECX Warehouse Receipt
| Tenure in Days [D] | Non – Export | Export | Advance/Value Ratio |
| < 30 Days | 15.75% | 14.75% | Maximum up to 75% |
| 30<D≤60 | 16.25% | 15.25% | |
| 60<D≤120 | 17.00% | 16.00% | |
| 120<D≤ 365 | 17.75% | 16.75% |
11. Interest Rates for Export Merchandise Loans
| Repayment Period | Interest Rate | Advance/Value Ratio |
| One-time facility for exportable goods for up to 90 days | 16.50% | Maximum up to 75% |
| Revolving facility for exportable goods up to 180 days | 17.00% | |
| Revolving facility for exportable goods up to 365 days | 18.50% |
12. Project Loan with FCY/LCY Contribution and FCY/LCY Repayment
| Down Payment | Scenario I : Down payment and repayment in FCY | Scenario II : Down payment in FCY and repayment in LCY | Scenario III : Down payment in LCY and repayment in FCY | Loan Tenure |
| 40% ≤ D<50% | 13.00% | 15.00% | 16.00% | 10 Years |
| D ≥ 50% | 12.00% | 14.00% | 17.00% |
13. Interest Rate on Non – Staff Consumer Loans
- Interest Rate on Consumer Loans for Deposit and Repayment in LCY
| Deposit/ Loan Ratio | Loan Period with LCY repayment | |||||
| Y ≤ 5 | 5 < Y ≤ 10 | 10 < Y ≤ 15 | 15 < Y ≤ 20 | 20 < Y ≤ 25 | ||
| 5% | 17.75 | 17.75 | 18.50 | 19.00 | 22.00 | |
| 10% | 17.75 | 17.75 | 18.50 | 19.00 | 22.00 | |
| 20% | 17.75 | 17.75 | 18.50 | 19.00 | 22.00 | |
| 30% | 16.75 | 16.75 | 17.50 | 18.00 | 21.00 | |
| 40% | 15.75 | 15.75 | 16.50 | 17.00 | 20.00 | |
| 50% | 15.75 | 15.75 | 16.50 | 17.00 | 20.00 | |
| 60% | 15.75 | 15.75 | 16.50 | 17.00 | 20.00 | |
| 70% | 14.25 | 14.25 | 15.00 | 15.50 | 18.50 | |
| 80% | 14.25 | 14.25 | 15.00 | 15.50 | 18.50 | |
| 90% | 13.75 | 13.75 | 14.50 | 15.00 | 18.00 | |
| 100% | 13.75 | 13.75 | 14.50 | 15.00 | 18.00 | |
- Annual Interest Rate for consumer loans with Down Payment and Loan Repayment in FCY
| Deposit/ Loan Ratio | Loan Period with LCY repayment | |||||
| Y ≤ 5 | 5 < Y ≤ 10 | 10 < Y ≤ 15 | 15 < Y ≤ 20 | 20 < Y ≤ 25 | ||
| 5% | 15.00 | 15.25 | 15.50 | 15.75 | 16.00 | |
| 10% | 13.75 | 14.00 | 14.25 | 14.50 | 14.75 | |
| 20% | 13.50 | 13.75 | 14.00 | 14.25 | 14.50 | |
| 30% | 13.00 | 13.25 | 13.50 | 13.75 | 14.00 | |
| 40% | 12.00 | 12.25 | 12.50 | 12.75 | 13.00 | |
| 50% | 11.50 | 11.75 | 12.00 | 12.25 | 12.50 | |
| 60% | 11.00 | 11.25 | 11.50 | 11.75 | 12.00 | |
| 70% | 10.50 | 10.75 | 11.00 | 11.25 | 11.50 | |
| 80% | 10.00 | 10.25 | 10.50 | 10.75 | 11.00 | |
| 90% | 9.50 | 9.75 | 10.00 | 10.25 | 10.50 | |
| 100% | 7.75 | 8.00 | 8.25 | 8.50 | 8.75 | |
- Annual Interest Rate for consumer loans with FCY Down Payment and LCY Loan Repayment
| Deposit/ Loan Ratio | Loan Period with LCY repayment | |||||
| Y ≤ 5 | 5 < Y ≤ 10 | 10 < Y ≤ 15 | 15 < Y ≤ 20 | 20 < Y ≤ 25 | ||
| 5% | 17.00 | 17.25 | 17.50 | 17.75 | 18.00 | |
| 10% | 16.50 | 16.75 | 17.00 | 17.25 | 17.50 | |
| 20% | 16.25 | 16.50 | 16.75 | 17.00 | 17.25 | |
| 30% | 16.00 | 16.25 | 16.50 | 16.75 | 17.00 | |
| 40% | 15.00 | 15.25 | 15.50 | 15.75 | 16.00 | |
| 50% | 14.50 | 14.75 | 15.00 | 15.25 | 15.50 | |
| 60% | 14.00 | 14.25 | 14.50 | 14.75 | 15.00 | |
| 70% | 13.50 | 13.75 | 14.00 | 14.25 | 14.50 | |
| 80% | 12.75 | 13.00 | 13.25 | 13.50 | 13.75 | |
| 90% | 11.75 | 12.00 | 12.25 | 12.50 | 12.75 | |
| 100% | 10.75 | 11.00 | 11.25 | 11.50 | 11.75 | |
Deposit Account Interest Rate
| FX General Saving | Up to 14% |
| Hawala Saving | Up to 14% |
| Premium Saving | Up to 8% |
| Women Saving | Up to 7.25% to 8% as per the product profile |
| Goal Saving | Up to 7.25% to 8% as per the product profile |
| Ekub Saving | Up to 7.25% to 9% as per the product profile |
| Modified Youth Saving | Up to 7.25% as per the product profile |
| Investment Saving | Up to 9% to 9% as per the product profile |
| Hybrid | 7% |
| Student Account | 7% |
| Tiret Saving | 7% |
| Provident Fund | 7% |
| General Current Account | No interest rate for current account deposit |
| Saving Plus | 7% |
| Interest Plus Bonus | in addition to the 7% interest, pays 2% bonus on the interest income earned. |
| General Saving | 7% |
| Time Deposit | Negotiable |
Domestic Banking Service
Local fund transfer [Within the Bank]
| Service Category | Conditions | Ranges | Approved Fees | |
| Fund Transfer within Dashen Bank (Account to account ) | To own account | Any | Free | |
| To other Customer Account | Up to ETB 5,000 | Free | ||
| ETB 5,001 up to 25,000 | ETB 10 | |||
| ETB 25,001 to ETB 500,000 | ETB 15 | |||
| above 500,001 | ETB 50 | |||
| Transfer for loan repayment [only if transfer is made to loan takedown account] | Any | Free | ||
| Cash Withdrawal at the Branch [within the NBE’s withdrawal limit] | For account holders | Any | Free | |
| Local Money Transfer Service [LMTS] | Account to account | Up to ETB 2,000 | Free | |
| Above ETB 2,000 | Free | |||
| Account to walk-in customers (cash) or | Up to ETB 2,000 | Commission ETB 5 per 1000; plus Telex Etb 25 | ||
| Walk-in customers (cash) to Walk-in Customers (cash) | Above ETB 2,000 | Commission ETB 5 per 1000; plus Telex Etb 25 | ||
| Walk-in customers (cash) to Account | Up to ETB 2,000 | Services disallowed | ||
| Above 2000 | ||||
| Re-transfer & cancellation of Local Money Transfer Service [LMTS] on customer’s request | For account holder (From account) | For any amount | ETB 50 | |
Local fund transfer [Other Bank Fund transfer]
| Outgoing Real Time Gross Settlement Service [RTGS], Special Cheque, CPO Clearance | Service charge | ETB 120 | ||
| Bank-to-Bank Transfer [Outgoing] | Service charge | ETB 50 | ||
| Incoming Special Cheque Clearing | ETB 75 | |||
CPO
| Issuance of CPO | For account holder | Up to ETB 250,000 | ETB 150 | |
| Above ETB 250,000 | ETB 300 | |||
| Walk-in Customer | Up to ETB 250,000 | ETB 500 | ||
| Above ETB 250,000 | ETB 1000 | |||
| Loss and Replacement of CPO | For account holder | ETB 200 | ||
| Walk-in Customer | ETB 400 | |||
| CPO Cancellation/Amendment | For account holder | ETB 150 | ||
| Walk-in Customer | ETB 300 | |||
| Loss and Refunding of CPO | For account holder | ETB 200 | ||
| For non-account holder | ETB 400 | |||
| CPO presented for payment outside of its issuing branch office | ETB 200 | |||
Passbook Issuance
| Passbook issuance upon opening | Free | |||
| Replacement Lost Passbook /Damaged passbook | ETB 50 | |||
| Replacement of fully utilized passbook | Free | |||
Cheque Book
| Cost of Cheque Book | 10 leaves | ETB 50 | ||
| 25 leaves | ETB 80 | |||
| 50 leaves | ETB 200 | |||
| 100 leaves | ETB 300 | |||
Incidental Fees
| Account Closure before 6 month of opening | ETB 50 | |||
| Account information request /block or freeze/ accounts as per court order | ETB 100 | |||
| [Free if requested by pertinent government authority] | ||||
| Balance confirmation | Local | ETB 100 plus courier cost if any | ||
| Abroad | ETB 250 plus courier cost if any | |||
| Cheque returned unpaid | ETB 100 Plus Warning Letter | |||
| due to insufficient fund | Warning Letter for 1st instance, Block all outgoing transfers until all dishonored Cheque settled | |||
| 3.00% of the dishonored amount up to ETB 25,000 for 2nd instance | ||||
| Second warning Letter, Block all outgoing transfers until all dishonored Cheque settled | ||||
| 5.00% of the dishonored amount up to ETB 50,000 for 3rd instances | ||||
| Block all outgoing transfers until and close all Cheque accounts | ||||
| Special Cheque returned unpaid | ETB 50 | |||
| Stop Payment Order [Current Account] | ETB 200 per order/leaf | |||
| Duplicate advice requests and other documents | Less than 12 months statement | ETB 25 | ||
| Duplicate advice requests and other documents | More than 12 months statement | ETB 50 | ||
| Duplicate statement request | ETB 25 | |||
| Standing instruction to Account within Dashen Bank | ETB 50 | |||
| Standing instruction to another bank’s account | ETB 50 plus RTGS Fee | |||
| Change of signature / Signatories | ETB 50 | |||
| Daily cash withdrawal permit above the limit set by NBE | ETB 500 | |||
| Balance confirmation for external auditor | ETB 250 plus courier cost, if any | |||
| Photocopy charge | ETB 5 per page | |||
Sundries Services
| Bulk Salary Payment | A fee of ETB 3 per salary account per transaction applies, except for bulk salary (pension) payments from the Federal Public Servants Social Security Agency (PSSSA) to pension account holders, which are exempt from bulk salary payment fees. | |||
| Special cash collection/payment service | ETB 300 per destination within 10 km radius of home branch plus ETB 100 per each additional 5km | |||
| prominent customers(door to door service) within the same city/town | ||||
| Authentication fee at documents authentication and Registration office and courts registration office and courts | Online | ETB 50 | ||
| In Person | ETB 200 plus third-party fee | |||
| Traffic penalty payment | For Account Holders | ETB 10 | ||
| Walk in customer | ETB 15 | |||
Digital Banking Service Tariff
| Types of Service | Charges | |
| Payment card Joining fee | Local Payment Cards [Visa, Amex-Green, Dashen Branded, An-Nisa & Sahrik] | ETB 70 |
| Amex Gold | ETB 70 | |
| Master Card International Prepaid Card | ETB 500 | |
| Virtual Master Card International Prepaid Card | NA | |
| Amex International debit Card | ETB 500 | |
| Payment card replacement fee (lost, damaged, expired) | Local Payment Cards [Visa, Amex-Green, Amex-Gold, Dashen Branded, An-Nisa & Sharik] | ETB 100 |
| Master Card International Prepaid Card | ETB 500 | |
| Virtual Master Card International Prepaid Card | NA | |
| Amex International Card | ETB 500 | |
| Payment Card Annual Subscription Fee | Local Payment Cards [Visa, Amex-Green, Dashen Branded, An-Nisa & Sharik] |
ETB 25 Has no charge for An-nisa and Sharik |
| Amex Gold | ETB 100 | |
| Master Card International Prepaid Card | NA | |
| Virtual Master Card International Prepaid Card | NA | |
| Amex International Card | NA | |
| Additional account linking fee | ETB 25 as per Dashen Bank AMEX gold card member @ Terms and Conditions | |
| Mini Statement on-us | NA | |
| Transaction fee Withdrawal From ATM | Local Payment Cards [Visa, Amex-Green, Amex Gold, Dashen Branded, An-Nisa & Sharik] | 0.35% per transaction |
| Master Card International Prepaid | 0.03 USD per transaction | |
| Amex International Card | USD 2 per transaction | |
| Prepaid Card Top-up Fee | Local Prepaid Cards | Free |
| MasterCard International | Free | |
| Balance Inquiry | NA | |
| Currency conversion for USD | Per transaction as per Dashen Bank Amex Gold card member terms and conditions | |
| Mobile Banking Service Fees | ||
| Mobile Banking Service Types | Charges | |
| Own Account Transfer | Free | |
| Account-to-account fund transfer to another customer within Dashen Bank | Free | |
| Full Statement (the customer can request the Date) | Free | |
| Airtime recharge | Free | |
| Utility payment | Free | |
| Ethiopian Airlines Bill Payment | 0.5% | |
| DSTV Bill Payment | 7 ETB Per TXN | |
| Ethio-Telecom Airtime Top-Up | Free | |
| Ethio-Telecom Postpaid Bill Payment | Free | |
| Safaricom Airtime Top-Up | Free | |
| Safaricom Postpaid Bill Payment | Free | |
| Safaricom Postpaid Deposit | Free | |
| Derash Tax Bill Payment | 100 ETB Per TXN | |
| Derash Water Bill Payment | P ≤ 50 | 2 ETB |
| 50 < P ≤ 100 | 5 ETB | |
| 100 < P ≤ 500 | 10 ETB | |
| 500 < P ≤ 5000 | 15 ETB | |
| 5000 < P ≤ 100000 | 30 ETB | |
| 100,001 < P ≤ 1000000 | 50 ETB | |
| > 1,000,000 | 75 ETB | |
| Qatar Airways | Free | |
| School Fee Pay With Flo-Cash | Free | |
| School Fee Pay With Student ID | Free | |
| EthSwitch Transactions [Digital Interbank Transactions] | |||
| To Other Bank Account | Fee and Charge types | Fee basis | Fees/ Charges |
| Up to ETB 5,000 | Per 100 ETB transaction | 0.40% | |
| From ETB 5,001 up to ETB 25,000 | 0.24% | ||
| From ETB 25,001 up to ETB 100,000 | 0.16% | ||
| From ETB 100,001 up to 1000,000 | 0.08% | ||
| Above ETB 1,000,000 | 0.04% | ||
| Instant Payment Service | ETB 1 – 5,000 | Per 100 ETB transaction | 0.40% |
| ETB 5,001- 25,000 | 0.24% | ||
| ETB 25,001 – 100,000 | 0.16% | ||
| ETB 100,001- 1000,000 | 0.08% | ||
| Above ETB 1,000,000 | 0.04% | ||
| To Telebirr Wallet | ETB 1 – 5,000 | ETB 5 | |
| ETB 5,001 – 15,000 | ETB 10 | ||
| > ETB 15,000 | ETB 15 | ||
| To Telebirr Agent Deposit | 10 ETB per TXN | ||
| To M-Pesa Wallet | ETB 1 – 5,000 | ETB 5 | |
| ETB 5,001 – 15,000 | ETB 10 | ||
| > ETB 15,000 | ETB 15 | ||
| To M-Pesa Agent Deposit | Free | ||
| Digital Cheque Purchasse | 10 ETB Per TXN | ||
| Bulk Transfer To Dashen Account | Free | ||
Credit Service Tariff
| Credit Processing Service | ||
| Credit Processing Service | Rates | Applicability |
| Financial Credit Report [FCR] | C <5 million = ETB 2,000 | Up on request for service |
| Credit information request [Consumer Loan] | C ≤ 100,000= ETB 50 | Per request at the time of retrieval |
| 100,000<C≤1,000,000= ETB 1,100 | ||
| C >1,000,000= ETB 2,100 | ||
| Credit information request and estimation fees for motor vehicles | ETB 2,200 and 700 (for IFB), 2,100 and 1,000 (for conventional) | |
| Credit information request [Business Loan] | C ≤ 100,000= ETB 200 | Per request at the time of retrieval |
| 100,000<C≤1,000,000= ETB 1,300 | ||
| C >1,000,000= ETB 2,500 | ||
| Consumer loan processing fee | ETB 1,000 | At the time of application |
| Consumer Loan Appraisal Fee | 1% of the approved loan minus consumer loan processing fee | At the time of loan approval |
| Business loan processing Fee [including revolving loans] | ETB 3,000 | At the time of application for a loan |
| Business loan appraisal Fee [including revolving loans] | 0.75% of the approved amount minus business loan processing and Feasibility study appraisal fee | At the time of loan approval |
| Acceptable supplier valuation | ETB 5,000 | Per request at the time of request for evaluation |
| Feasibility study appraisal | ETB 5,000 | At the time of request |
| Collateral registration fee | ETB 1,000 | Per the collateral registration certificate |
| Revolving Credit Line Renewal fee | C≤ 5,000,000 = 0.50% | Applicable on the renewal facility amount. For the renewal facility amount, should the revolving credit line be renewed at a higher amount, the increment will be subject to loan processing and appraisal fees, in addition to the credit line renewal fee. |
| C > 5,000,000= 0.25% | ||
| Renewal of expired facilities | Revolving credit line renewal fee plus 0.03% | On the facility amount |
| Increase of Revolving facility limit | 0.75% | On the increased facility limit at the time of approval. |
| Transfer of loan file to another branch at the request of customer | ETB 2,000 | At the time of request |
| Unutilized OD facility | 1.00% per annum | Charged on the monthly unutilized facility amount. |
| Unutilized merchandise credit line and pre & Post shipment facility commitment fee | 1.00% | Charged on maturity on the unutilized facility amount |
| Loan renegotiation fee [other than waiver of repayment and grace period extension] | 1.00% | On the outstanding amount upon approval |
| Waiver of repayment | 2.00% | |
| Grace period extension: | ||
| § 1st time | 0.25% | |
| § 2nd time and above | 1.00% | |
| Issuance of loan status update statement | ETB 3,000 | Per request to be paid at the time of request |
| Change or release of Collateral | ETB 5,000 | Per request, upon approval for change or release of collateral |
| Internal Loan Transfer | 2.00% | On the transferred amount upon approval for loan transfer. The fee is borne by the person that relieved his/her/its debt, i.e., the one that sold the loan. |
| Reevaluation of existing collateral value | ETB 2,500 | At the time of reevaluation [bank initiated reevaluation] |
| Allowing Registration of Collaterals on the Second Degree by other banks (per each collateral) | ETB 5,000 | At the time of request |
| Merchandise pledge/release fee | ETB 3,000 | At the time of request |
| Audit Confirmation fee | ETB 100 | At the time of request |
| Defaulted Revolving facility [OD, Pre/Post shipment and Merchandize] and Guarantee Conversion to Term Loan | 2% of converted guarantee, revolving facility, or advance amount | At the time of conversion |
| Extending the validity period of the Letter of Undertaking | ETB 3,000 | At the time of request |
| Loan pre-approval fee | ETB 5,000 | At the time of request |
| Insurance Policy Underwriting Process [If done by Dashen Bank | 5% of the insurance premium, Min. ETB 500 | At the time of handling the underwriting process |
| Cancelation/suspension of foreclosure decision | ETB 10,000 | At the time of request approval |
| Stamp Duty Charge | 1.00% | At the time of disbursement |
| Revenue Stamp Charge | ETB 5.00 | |
| Collateral Estimation Service | Proposed Rates |
| Residential Building | ETB 1,000 Plus ETB 250 per additional floor |
| Commercial and Mixed Use Building | ETB 2,000 Plus ETB 500 per additional floor |
| For Industrial Buildings | ETB 1,500/ 1000 m2 Plus ETB 1,000 per additional 1000 m2 |
| Commercial and Mixed Use Building under construction [Projects] | ETB 2,500 Plus ETB 600 per additional floor |
| Motor vehicles: Three wheelers & Motorcycle | ETB 500 per/title deed |
| Motor vehicles: Four wheelers & automobiles | ETB 1,000 per/title deed |
| Fuel Tanks | ETB 1,500 per fuel tank |
| Coffee Hulling and Washing Station site | ETB 2,000/site Plus ETB 1,000/ 100KM |
| Coffee, tea, and other plantations | ETB 3000 per plantation |
| Flower Farm | ETB 2000 per greenhouse |
| Factory Plant | ETB 5,000 per plant |
| Collateral re-estimation appeal | ETB 2,000 per request |
| Factory Machine | ETB 500 per plant |
| Trucks, Construction and Farm Machinery and Equipment | ETB 700 /title deed |
IFB fees and Terms
1 Profit Rates for Business Financing
1.1 Profit Rate for Non-Export Murabaha Business Financing
| Sector | Payment Mode | Collateral | Murabaha Financing Tenure in Years | |||||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | |||
| 1. Agriculture | Monthly | C | 7.00 | 12.50 | 19.00 | 26.50 | 33.50 | 43.50 | 52.50 | 60.50 | 70.50 | 83.00 |
| CE | 9.00 | 17.00 | 26.50 | 36.50 | 47.00 | 59.00 | 71.00 | 82.50 | 96.00 | 112.50 | ||
| B & O | 10.00 | 19.00 | 29.00 | 40.00 | 51.50 | 65.00 | 78.50 | 91.00 | 106.00 | 124.00 | ||
| M | 10.00 | 19.50 | 30.00 | 41.50 | 53.50 | 67.00 | 81.00 | 94.00 | 109.50 | 128.00 | ||
| Quarterly | C | 8.00 | 13.50 | 20.00 | 27.50 | 34.50 | 44.50 | 53.50 | 61.50 | 71.50 | 84.00 | |
| CE | 10.00 | 18.00 | 27.50 | 38.00 | 48.00 | 60.00 | 72.50 | 84.00 | 97.50 | 113.50 | ||
| B & O | 11.00 | 20.00 | 30.50 | 41.50 | 53.00 | 66.50 | 79.50 | 92.50 | 107.50 | 125.00 | ||
| M | 11.50 | 20.50 | 31.50 | 43.00 | 54.50 | 68.50 | 82.00 | 95.50 | 111.00 | 129.00 | ||
| Semi-annual | C | 9.00 | 14.50 | 21.50 | 28.50 | 36.00 | 46.00 | 55.00 | 63.00 | 73.00 | 85.50 | |
| CE | 12.00 | 20.00 | 29.50 | 39.50 | 50.00 | 62.00 | 74.00 | 85.50 | 99.00 | 115.50 | ||
| B & O | 13.00 | 22.00 | 32.50 | 43.50 | 55.00 | 68.50 | 81.50 | 94.50 | 109.50 | 127.00 | ||
| M | 13.50 | 22.50 | 33.50 | 45.00 | 56.50 | 70.50 | 84.00 | 97.50 | 112.50 | 131.00 | ||
| Annual | C | 11.50 | 17.00 | 24.00 | 31.50 | 38.50 | 49.00 | 57.50 | 66.00 | 75.50 | 88.00 | |
| CE | 15.50 | 23.50 | 33.00 | 43.00 | 53.50 | 65.50 | 77.50 | 89.00 | 102.50 | 118.50 | ||
| B & O | 17.00 | 25.50 | 36.50 | 47.50 | 59.00 | 72.50 | 85.50 | 98.00 | 113.00 | 130.50 | ||
| M | 17.50 | 26.50 | 37.50 | 49.00 | 60.50 | 74.50 | 88.00 | 101.00 | 116.50 | 134.50 | ||
| 2. Building Construction & Real Estate | Monthly | C | 7.00 | 12.50 | 19.00 | 26.50 | 33.50 | 43.50 | 52.50 | 60.50 | 70.50 | 83.00 |
| CE | 10.50 | 19.50 | 30.50 | 42.00 | 54.00 | 68.00 | 82.00 | 95.50 | 111.50 | 130.00 | ||
| B & O | 11.00 | 21.50 | 33.00 | 46.00 | 59.00 | 74.50 | 89.50 | 104.50 | 121.50 | 142.00 | ||
| M | 11.50 | 22.00 | 34.00 | 47.00 | 60.50 | 76.50 | 92.00 | 107.50 | 125.00 | 146.00 | ||
| Quarterly | C | 8.00 | 13.50 | 20.00 | 27.50 | 34.50 | 44.50 | 53.50 | 61.50 | 71.50 | 84.00 | |
| CE | 11.50 | 21.00 | 32.00 | 43.50 | 55.50 | 69.50 | 83.50 | 97.00 | 112.50 | 131.00 | ||
| B & O | 12.50 | 23.00 | 34.50 | 47.50 | 60.50 | 75.50 | 91.00 | 106.00 | 123.00 | 143.00 | ||
| M | 13.00 | 23.50 | 35.50 | 48.50 | 62.00 | 78.00 | 93.50 | 109.00 | 126.50 | 147.00 | ||
| Semi-annual | C | 9.00 | 14.50 | 21.50 | 28.50 | 36.00 | 46.00 | 55.00 | 63.00 | 73.00 | 85.50 | |
| CE | 13.50 | 23.00 | 34.00 | 45.50 | 57.50 | 71.50 | 85.50 | 99.00 | 114.50 | 133.00 | ||
| B & O | 15.00 | 25.00 | 37.00 | 49.50 | 63.00 | 78.00 | 93.00 | 108.00 | 125.00 | 145.00 | ||
| M | 15.00 | 25.50 | 38.00 | 51.00 | 64.50 | 80.00 | 96.00 | 111.00 | 128.50 | 149.00 | ||
| Annual | C | 11.50 | 17.00 | 24.00 | 31.50 | 38.50 | 49.00 | 57.50 | 66.00 | 75.50 | 88.00 | |
| CE | 17.50 | 27.00 | 38.00 | 49.50 | 61.50 | 75.50 | 89.50 | 102.50 | 118.00 | 133.00 | ||
| B & O | 19.00 | 29.00 | 41.50 | 54.00 | 67.00 | 82.00 | 97.50 | 112.00 | 129.00 | 145.00 | ||
| M | 19.50 | 30.00 | 42.50 | 55.50 | 69.00 | 84.50 | 100.00 | 115.00 | 132.50 | 149.00 | ||
| 3. Construction Machinery Rental Services | Monthly | C | 7.00 | 12.50 | 19.00 | 26.50 | 33.50 | 43.50 | 52.50 | 60.50 | 70.50 | 83.00 |
| CE | 10.50 | 20.00 | 31.00 | 42.50 | 55.00 | 69.00 | 83.50 | 97.00 | 113.00 | 132.00 | ||
| B & O | 11.50 | 21.50 | 33.50 | 46.50 | 60.00 | 75.50 | 91.00 | 106.00 | 123.50 | 144.00 | ||
| M | 11.50 | 22.00 | 34.50 | 48.00 | 61.50 | 77.50 | 93.50 | 109.00 | 127.00 | 148.00 | ||
| Quarterly | C | 8.00 | 13.50 | 20.00 | 27.50 | 34.50 | 44.50 | 53.50 | 61.50 | 71.50 | 84.00 | |
| CE | 12.00 | 21.00 | 32.50 | 44.00 | 56.50 | 70.50 | 84.50 | 98.50 | 114.50 | 133.00 | ||
| B & O | 13.00 | 23.00 | 35.00 | 48.00 | 61.50 | 77.00 | 92.50 | 107.50 | 125.00 | 145.00 | ||
| M | 13.00 | 23.50 | 36.00 | 49.50 | 63.00 | 79.00 | 95.00 | 110.50 | 128.50 | 149.00 | ||
| Semi-annual | C | 9.00 | 14.50 | 21.50 | 28.50 | 36.00 | 46.00 | 55.00 | 63.00 | 73.00 | 85.50 | |
| CE | 14.00 | 23.00 | 34.50 | 46.00 | 58.50 | 72.50 | 87.00 | 100.50 | 116.00 | 135.00 | ||
| B & O | 15.00 | 25.50 | 37.50 | 50.50 | 63.50 | 79.00 | 94.50 | 109.50 | 126.50 | 147.00 | ||
| M | 15.50 | 26.00 | 38.50 | 51.50 | 65.50 | 81.00 | 97.00 | 112.50 | 130.50 | 151.00 | ||
| Annual | C | 11.50 | 17.00 | 24.00 | 31.50 | 38.50 | 49.00 | 57.50 | 66.00 | 75.50 | 88.00 | |
| CE | 18.00 | 27.50 | 38.50 | 50.50 | 62.50 | 76.50 | 91.00 | 104.00 | 120.00 | 138.50 | ||
| B & O | 19.50 | 29.50 | 42.00 | 55.00 | 68.00 | 83.50 | 98.50 | 113.50 | 130.50 | 150.50 | ||
| M | 20.00 | 30.50 | 43.00 | 56.00 | 70.00 | 85.50 | 101.50 | 116.50 | 134.00 | 155.00 | ||
| 4. Domestic Trade & Services | Monthly | C | 7.00 | 12.50 | 19.00 | 26.50 | 33.50 | 43.50 | 52.50 | 60.50 | 70.50 | 83.00 |
| CE | 10.00 | 19.00 | 29.50 | 41.00 | 52.50 | 66.00 | 79.50 | 92.50 | 108.00 | 126.00 | ||
| B & O | 11.00 | 20.50 | 32.50 | 44.50 | 57.50 | 72.00 | 87.00 | 101.50 | 118.00 | 138.00 | ||
| M | 11.00 | 21.50 | 33.00 | 46.00 | 59.00 | 74.50 | 89.50 | 104.50 | 121.50 | 142.00 | ||
| Quarterly | C | 8.00 | 13.50 | 20.00 | 27.50 | 34.50 | 44.50 | 53.50 | 61.50 | 71.50 | 84.00 | |
| CE | 11.50 | 20.50 | 31.00 | 42.50 | 54.00 | 67.50 | 81.00 | 94.00 | 109.00 | 127.00 | ||
| B & O | 12.50 | 22.00 | 33.50 | 46.00 | 59.00 | 73.50 | 88.50 | 103.00 | 119.50 | 139.00 | ||
| M | 12.50 | 23.00 | 34.50 | 47.50 | 60.50 | 75.50 | 91.00 | 106.00 | 123.00 | 143.00 | ||
| Semi-annual | C | 9.00 | 14.50 | 21.50 | 28.50 | 36.00 | 46.00 | 55.00 | 63.00 | 73.00 | 85.50 | |
| CE | 13.50 | 22.50 | 33.00 | 44.00 | 56.00 | 69.50 | 83.00 | 96.00 | 111.00 | 129.00 | ||
| B & O | 14.50 | 24.50 | 36.00 | 48.50 | 61.00 | 76.00 | 90.50 | 105.00 | 121.50 | 141.00 | ||
| M | 15.00 | 25.00 | 37.00 | 49.50 | 63.00 | 78.00 | 93.00 | 108.00 | 125.00 | 145.00 | ||
| Annual | C | 11.50 | 17.00 | 24.00 | 31.50 | 38.50 | 49.00 | 57.50 | 66.00 | 75.50 | 88.00 | |
| CE | 17.00 | 26.00 | 37.00 | 48.00 | 60.00 | 73.50 | 87.00 | 99.50 | 114.50 | 132.50 | ||
| B & O | 18.50 | 28.50 | 40.00 | 52.50 | 65.50 | 80.00 | 94.50 | 109.00 | 125.00 | 144.50 | ||
| M | 19.00 | 29.00 | 41.50 | 54.00 | 67.00 | 82.00 | 97.50 | 112.00 | 129.00 | 148.50 | ||
| 5. Education & Health Facilities | Monthly | C | 7.00 | 13.00 | 20.00 | 27.50 | 35.00 | 44.50 | 53.50 | 62.00 | 78.50 | 92.00 |
| CE | 8.50 | 16.00 | 24.50 | 34.00 | 43.50 | 55.00 | 66.50 | 77.00 | 96.00 | 112.50 | ||
| B & O | 9.50 | 17.50 | 27.50 | 37.50 | 48.50 | 61.00 | 73.50 | 85.50 | 106.00 | 124.00 | ||
| M | 9.50 | 18.00 | 28.00 | 39.00 | 50.00 | 63.00 | 76.00 | 88.50 | 109.50 | 128.00 | ||
| Quarterly | C | 8.00 | 13.50 | 21.00 | 28.50 | 36.00 | 45.50 | 54.50 | 63.00 | 79.50 | 93.00 | |
| CE | 9.50 | 17.00 | 26.00 | 35.00 | 45.00 | 56.00 | 67.50 | 78.00 | 97.50 | 113.50 | ||
| B & O | 10.50 | 19.00 | 28.50 | 39.00 | 49.50 | 62.00 | 75.00 | 86.50 | 107.50 | 125.00 | ||
| M | 11.00 | 19.50 | 29.50 | 40.50 | 51.50 | 64.50 | 77.00 | 89.50 | 111.00 | 129.00 | ||
| Semi-annual | C | 9.00 | 15.00 | 22.00 | 30.00 | 37.50 | 47.00 | 56.00 | 64.50 | 81.00 | 94.50 | |
| CE | 11.00 | 18.50 | 27.50 | 37.00 | 46.50 | 58.00 | 69.00 | 80.00 | 99.00 | 115.50 | ||
| B & O | 12.50 | 20.50 | 30.50 | 41.00 | 51.50 | 64.00 | 76.50 | 88.50 | 109.50 | 127.00 | ||
| M | 12.50 | 21.50 | 31.50 | 42.00 | 53.50 | 66.00 | 79.00 | 91.50 | 112.50 | 131.00 | ||
| Annual | C | 11.50 | 17.50 | 25.00 | 32.50 | 40.50 | 50.00 | 59.00 | 67.00 | 84.00 | 97.50 | |
| CE | 14.50 | 22.00 | 31.00 | 40.50 | 50.00 | 61.50 | 72.50 | 83.00 | 102.50 | 118.50 | ||
| B & O | 16.00 | 24.00 | 34.00 | 44.50 | 55.50 | 68.00 | 80.50 | 92.00 | 113.00 | 130.50 | ||
| M | 16.50 | 25.00 | 35.00 | 46.00 | 57.00 | 70.00 | 83.00 | 95.00 | 116.50 | 134.50 | ||
| 6. Hotels & Tourism | Monthly | C | 7.00 | 13.00 | 20.00 | 27.50 | 35.00 | 44.50 | 53.50 | 62.00 | 78.50 | 92.00 |
| CE | 9.50 | 18.00 | 28.00 | 39.00 | 50.00 | 63.00 | 76.00 | 88.50 | 109.50 | 128.00 | ||
| B & O | 10.50 | 20.00 | 31.00 | 42.50 | 55.00 | 69.00 | 83.50 | 97.00 | 120.00 | 140.00 | ||
| M | 11.00 | 20.50 | 32.00 | 44.00 | 56.50 | 71.00 | 86.00 | 100.00 | 123.50 | 144.00 | ||
| Quarterly | C | 8.00 | 13.50 | 21.00 | 28.50 | 36.00 | 45.50 | 54.50 | 63.00 | 79.50 | 93.00 | |
| CE | 11.00 | 19.50 | 29.50 | 40.50 | 51.50 | 64.50 | 77.00 | 89.50 | 111.00 | 129.00 | ||
| B & O | 12.00 | 21.00 | 32.50 | 44.00 | 56.50 | 70.50 | 84.50 | 98.50 | 121.50 | 141.00 | ||
| M | 12.00 | 22.00 | 33.50 | 45.50 | 58.00 | 72.50 | 87.50 | 101.50 | 125.00 | 145.00 | ||
| Semi-annual | C | 9.00 | 15.00 | 22.00 | 30.00 | 37.50 | 47.00 | 56.00 | 64.50 | 81.00 | 94.50 | |
| CE | 12.50 | 21.50 | 31.50 | 42.00 | 53.50 | 66.00 | 79.00 | 91.50 | 112.50 | 131.00 | ||
| B & O | 14.00 | 23.28 | 34.41 | 46.24 | 58.43 | 72.56 | 86.75 | 100.36 | 123.19 | 143.00 | ||
| M | 14.00 | 24.00 | 35.50 | 47.50 | 60.00 | 74.50 | 89.50 | 103.50 | 126.50 | 147.00 | ||
| Annual | C | 11.50 | 17.50 | 25.00 | 32.50 | 40.50 | 50.00 | 59.00 | 67.00 | 84.00 | 97.50 | |
| CE | 16.50 | 25.00 | 35.00 | 46.00 | 57.00 | 70.00 | 83.00 | 95.00 | 116.50 | 134.50 | ||
| B & O | 18.00 | 27.50 | 38.50 | 50.50 | 62.50 | 76.50 | 91.00 | 104.00 | 127.00 | 146.50 | ||
| M | 18.50 | 28.00 | 39.50 | 52.00 | 64.50 | 79.00 | 93.50 | 107.50 | 130.50 | 150.50 | ||
| 7. Import | Monthly | C | 7.00 | 12.50 | 19.00 | 26.50 | 33.50 | 43.50 | 52.50 | 60.50 | 70.50 | 83.00 |
| CE | 10.50 | 19.50 | 30.50 | 42.00 | 54.00 | 68.00 | 82.00 | 95.50 | 111.50 | 130.00 | ||
| B & O | 11.00 | 21.50 | 33.00 | 46.00 | 59.00 | 74.50 | 89.50 | 104.50 | 121.50 | 142.00 | ||
| M | 11.50 | 22.00 | 34.00 | 47.00 | 60.50 | 76.50 | 92.00 | 107.50 | 125.00 | 146.00 | ||
| Quarterly | C | 8.00 | 13.50 | 20.00 | 27.50 | 34.50 | 44.50 | 53.50 | 61.50 | 71.50 | 84.00 | |
| CE | 11.50 | 21.00 | 32.00 | 43.50 | 55.50 | 69.50 | 83.50 | 97.00 | 112.50 | 131.00 | ||
| B & O | 12.50 | 23.00 | 34.50 | 47.50 | 60.50 | 75.50 | 91.00 | 106.00 | 123.00 | 143.00 | ||
| M | 13.00 | 23.50 | 35.50 | 48.50 | 62.00 | 78.00 | 93.50 | 109.00 | 126.50 | 147.00 | ||
| Semi-annual | C | 9.00 | 14.50 | 21.50 | 28.50 | 36.00 | 46.00 | 55.00 | 63.00 | 73.00 | 85.50 | |
| CE | 13.50 | 23.00 | 34.00 | 45.50 | 57.50 | 71.50 | 85.50 | 99.00 | 114.50 | 133.00 | ||
| B & O | 15.00 | 25.00 | 37.00 | 49.50 | 63.00 | 78.00 | 93.00 | 108.00 | 125.00 | 145.00 | ||
| M | 15.00 | 25.50 | 38.00 | 51.00 | 64.50 | 80.00 | 96.00 | 111.00 | 128.50 | 149.00 | ||
| Annual | C | 11.50 | 17.00 | 24.00 | 31.50 | 38.50 | 49.00 | 57.50 | 66.00 | 75.50 | 88.00 | |
| CE | 17.50 | 27.00 | 38.00 | 49.50 | 61.50 | 75.50 | 89.50 | 102.50 | 118.00 | 136.50 | ||
| B & O | 19.00 | 29.00 | 41.50 | 54.00 | 67.00 | 82.00 | 97.50 | 112.00 | 128.80 | 148.50 | ||
| M | 19.50 | 30.00 | 42.50 | 55.50 | 69.00 | 84.50 | 100.00 | 115.00 | 132.40 | 153.00 | ||
| 8. Manufacturing | Monthly | C | 7.00 | 12.50 | 19.00 | 26.50 | 33.50 | 43.50 | 52.50 | 60.50 | 70.50 | 83.00 |
| CE | 9.50 | 18.00 | 28.00 | 38.50 | 49.50 | 62.00 | 74.50 | 87.00 | 101.00 | 118.00 | ||
| B & O | 10.50 | 19.50 | 30.50 | 42.00 | 54.00 | 68.00 | 82.00 | 95.50 | 111.50 | 130.00 | ||
| M | 11.00 | 20.50 | 32.00 | 44.00 | 56.50 | 71.00 | 86.00 | 100.00 | 116.50 | 136.00 | ||
| Quarterly | C | 8.00 | 13.50 | 20.00 | 27.50 | 34.50 | 44.50 | 53.50 | 61.50 | 71.50 | 84.00 | |
| CE | 10.50 | 19.00 | 29.00 | 39.50 | 50.50 | 63.50 | 76.00 | 88.00 | 102.50 | 119.50 | ||
| B & O | 11.50 | 21.00 | 32.00 | 43.50 | 55.50 | 69.50 | 83.50 | 97.00 | 112.50 | 131.00 | ||
| M | 12.00 | 22.00 | 33.50 | 45.50 | 58.00 | 72.50 | 87.50 | 101.50 | 118.00 | 137.00 | ||
| Semi-annual | C | 9.00 | 14.50 | 21.50 | 28.50 | 36.00 | 46.00 | 55.00 | 63.00 | 73.00 | 85.50 | |
| CE | 12.50 | 21.00 | 31.00 | 41.50 | 52.50 | 65.00 | 78.00 | 90.00 | 104.00 | 121.00 | ||
| B & O | 13.50 | 23.00 | 34.00 | 45.50 | 57.50 | 71.50 | 85.50 | 99.00 | 114.50 | 133.00 | ||
| M | 14.00 | 24.00 | 35.50 | 47.50 | 60.00 | 74.50 | 89.50 | 103.50 | 119.50 | 139.00 | ||
| Annual | C | 11.50 | 17.00 | 24.00 | 31.50 | 38.50 | 49.00 | 57.50 | 66.00 | 75.50 | 88.00 | |
| CE | 16.00 | 24.50 | 34.50 | 45.50 | 56.00 | 69.00 | 81.50 | 93.50 | 107.50 | 124.50 | ||
| B & O | 17.50 | 27.00 | 38.00 | 49.50 | 61.50 | 75.50 | 89.50 | 102.50 | 118.00 | 136.00 | ||
| M | 18.50 | 28.00 | 39.50 | 52.00 | 64.50 | 79.00 | 93.50 | 107.50 | 123.50 | 142.50 | ||
| 9. Mining | Monthly | C | 7.00 | 12.50 | 19.00 | 26.50 | 33.50 | 43.50 | 52.50 | 60.50 | 70.50 | 83.00 |
| CE | 9.50 | 18.00 | 28.00 | 38.50 | 49.50 | 62.00 | 74.50 | 87.00 | 101.00 | 118.00 | ||
| B & O | 10.50 | 19.50 | 30.50 | 42.00 | 54.00 | 68.00 | 82.00 | 95.50 | 111.50 | 130.00 | ||
| M | 11.00 | 20.50 | 32.00 | 44.00 | 56.50 | 71.00 | 86.00 | 100.00 | 116.50 | 136.00 | ||
| Quarterly | C | 8.00 | 13.50 | 20.00 | 27.50 | 34.50 | 44.50 | 53.50 | 61.50 | 71.50 | 84.00 | |
| CE | 10.50 | 19.00 | 29.00 | 39.50 | 50.50 | 63.50 | 76.00 | 88.00 | 102.50 | 119.50 | ||
| B & O | 11.50 | 21.00 | 32.00 | 43.50 | 55.50 | 69.50 | 83.50 | 97.00 | 112.50 | 131.00 | ||
| M | 12.00 | 22.00 | 33.50 | 45.50 | 58.00 | 72.50 | 87.50 | 101.50 | 118.00 | 137.00 | ||
| Semi-annual | C | 9.00 | 14.50 | 21.50 | 28.50 | 36.00 | 46.00 | 55.00 | 63.00 | 73.00 | 85.50 | |
| CE | 12.50 | 21.00 | 31.00 | 41.50 | 52.50 | 65.00 | 78.00 | 90.00 | 104.00 | 121.00 | ||
| B & O | 13.50 | 23.00 | 34.00 | 45.50 | 57.50 | 71.50 | 85.50 | 99.00 | 114.50 | 133.00 | ||
| M | 14.00 | 24.00 | 35.50 | 47.50 | 60.00 | 74.50 | 89.50 | 103.50 | 119.50 | 139.00 | ||
| Annual | C | 11.50 | 17.00 | 24.00 | 31.50 | 38.50 | 49.00 | 57.50 | 66.00 | 75.50 | 88.00 | |
| CE | 16.00 | 24.50 | 34.50 | 45.50 | 56.00 | 69.00 | 81.50 | 93.50 | 107.50 | 124.50 | ||
| B & O | 17.50 | 27.00 | 38.00 | 49.50 | 61.50 | 75.50 | 89.50 | 102.50 | 118.00 | 136.00 | ||
| M | 18.50 | 28.00 | 39.50 | 52.00 | 64.50 | 79.00 | 93.50 | 107.50 | 123.50 | 142.50 | ||
| 10. Transport | Monthly | C | 7.00 | 12.50 | 19.00 | 26.50 | 33.50 | 43.50 | 52.50 | 60.50 | 70.50 | 83.00 |
| CE | 10.50 | 19.50 | 30.50 | 42.00 | 54.00 | 68.00 | 82.00 | 95.50 | 111.50 | 130.00 | ||
| B & O | 11.00 | 21.50 | 33.00 | 46.00 | 59.00 | 74.50 | 89.50 | 104.50 | 121.50 | 142.00 | ||
| M | 11.50 | 22.00 | 34.50 | 48.00 | 61.50 | 77.50 | 93.50 | 109.00 | 127.00 | 148.00 | ||
| Quarterly | C | 8.00 | 13.50 | 20.00 | 27.50 | 34.50 | 44.50 | 53.50 | 61.50 | 71.50 | 83.00 | |
| CE | 11.50 | 21.00 | 32.00 | 43.50 | 55.50 | 69.50 | 83.50 | 97.00 | 112.50 | 131.00 | ||
| B & O | 12.50 | 23.00 | 34.50 | 47.50 | 60.50 | 75.50 | 91.00 | 106.00 | 123.00 | 143.00 | ||
| M | 13.00 | 23.50 | 36.00 | 49.50 | 63.00 | 79.00 | 95.00 | 110.50 | 128.50 | 149.00 | ||
| Semi-annual | C | 9.00 | 14.50 | 21.50 | 28.50 | 36.00 | 46.00 | 55.00 | 63.00 | 73.00 | 85.50 | |
| CE | 13.50 | 23.00 | 34.00 | 45.50 | 57.50 | 71.50 | 85.50 | 99.00 | 114.50 | 133.00 | ||
| B & O | 15.00 | 25.00 | 37.00 | 49.50 | 63.00 | 78.00 | 93.00 | 108.00 | 125.00 | 145.00 | ||
| M | 15.50 | 26.00 | 38.50 | 51.50 | 65.50 | 81.00 | 97.00 | 112.50 | 130.50 | 151.00 | ||
| Annual | C | 11.50 | 17.00 | 24.00 | 31.50 | 38.50 | 49.00 | 57.50 | 66.00 | 75.50 | 88.00 | |
| CE | 17.50 | 27.00 | 38.00 | 49.50 | 61.50 | 75.50 | 89.50 | 102.50 | 118.00 | 136.50 | ||
| B & O | 19.00 | 29.00 | 41.50 | 54.00 | 67.00 | 82.00 | 97.50 | 112.00 | 129.00 | 148.50 | ||
| M | 20.00 | 30.50 | 43.00 | 56.00 | 70.00 | 85.50 | 101.50 | 116.50 | 134.00 | 155.00 | ||
| 11. Term Financing repaid in FCY | Monthly | C | 6.00 | 10.50 | 16.50 | 23.00 | 29.50 | 37.00 | 44.50 | 51.50 | 66.00 | 77.50 |
| CE | 7.50 | 13.50 | 21.50 | 29.50 | 37.50 | 47.50 | 57.00 | 66.00 | 83.00 | 97.50 | ||
| B & O | 7.50 | 13.50 | 21.50 | 29.50 | 37.50 | 47.50 | 57.00 | 66.00 | 83.00 | 97.50 | ||
| M | 7.50 | 14.00 | 21.50 | 30.00 | 38.50 | 48.50 | 58.00 | 67.50 | 85.00 | 99.50 | ||
| Quarterly | C | 6.50 | 11.50 | 17.50 | 23.50 | 30.00 | 38.00 | 45.50 | 52.50 | 67.00 | 78.50 | |
| CE | 8.50 | 14.50 | 22.50 | 30.50 | 38.50 | 48.50 | 58.00 | 67.00 | 84.00 | 98.50 | ||
| B & O | 8.50 | 14.50 | 22.00 | 30.50 | 38.50 | 48.50 | 58.00 | 67.00 | 84.50 | 98.50 | ||
| M | 8.50 | 15.00 | 22.50 | 31.00 | 39.50 | 49.50 | 59.00 | 68.50 | 86.00 | 100.50 | ||
| Semi-annual | C | 7.50 | 12.50 | 18.50 | 25.00 | 31.50 | 39.00 | 46.50 | 53.50 | 68.00 | 80.00 | |
| CE | 9.50 | 16.00 | 23.50 | 32.00 | 40.00 | 50.00 | 59.50 | 68.50 | 86.00 | 100.00 | ||
| B & O | 9.50 | 16.00 | 23.50 | 32.00 | 40.00 | 50.00 | 59.50 | 68.50 | 86.00 | 100.00 | ||
| M | 10.00 | 16.50 | 24.00 | 32.50 | 41.00 | 51.00 | 60.50 | 70.00 | 87.50 | 102.00 | ||
| Annual | C | 9.50 | 14.50 | 20.50 | 27.00 | 33.50 | 41.50 | 49.00 | 56.00 | 71.00 | 82.50 | |
| CE | 12.50 | 18.50 | 26.50 | 35.00 | 43.00 | 53.00 | 89.50 | 102.50 | 89.00 | 136.50 | ||
| B & O | 12.50 | 18.50 | 26.50 | 35.00 | 43.00 | 53.00 | 97.50 | 112.90 | 89.00 | 148.50 | ||
| M | 12.50 | 19.00 | 27.00 | 35.50 | 44.00 | 54.00 | 100.00 | 115.00 | 90.50 | 153.00 | ||
1.2 Murabaha Profit Rate for Export Pre-Shipment Financing
| Purpose Of Murabah Financing | Mark-up for Pre-shipment facility for Agricultural Export | Mark-up for Pre-shipment facility for Other Exports | |||
| Tenure of Financing [Days] | D≤180 | ||||
| i) Against Collateral | 8.50 | 9.00 | |||
| ii) Against ECG of DBE | 8.50 | 9.00 | |||
| iii) Clean Basis [Against SC & LC] | SC | LC | SC | LC | |
| a) For Cooperative Unions | 9.00 | 8.50 | NA | NA | |
| b) For Customers other than Unions | 9.00 | 9.00 | 9.50 | 9.00 | |
| Murabaha Export Post-shipment Financing: | 9.00 | ||||
1.3 Profit Rate for Sharik Tijarah Working Capital Financing
| Purpose of Sharik Tijarah Financing | Tenure of Financing [Days] | IFB Mark-up % [profit rate] |
| Working Capital Financing | ≤180 Days | 6.00% |
2 Proposed Murabaha Profit Rate for Consumer Financing
2.1 Murbabaha Consumer Financing for Employed & Self-employed Individuals: Mortgage & Automobile Financing
| Particulars | Financing Tenure in Years | ||||||||||||||
| 15 | 14 | 13 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 4 | 3 | 2 | 1 | |
| Saving Period | ≥ 12 months | ||||||||||||||
| Equity Contribution[%] | C ≥ 70% | ||||||||||||||
| Total Mark-up % [profit rate] | 119.00 | 110.00 | 101.00 | 92.00 | 83.50 | 75.00 | 67.00 | 59.00 | 51.50 | 44.00 | 36.50 | 29.50 | 22.50 | 16.00 | 9.50 |
| Installment | Monthly | ||||||||||||||
2.2 Murabaha Consumer Financing for Employed & Self-employed Individuals: Purchase of Household Items.
| Financing Tenure in Years | ||||||
| Particulars | 5 | 4 | 3 | 2 | 1 | |
| Saving Period | ≥ 6 months | |||||
| Equity Contribution | NA | |||||
| Total Mark-up % [profit rate] | 52.50 | 41.00 | 30.50 | 20.00 | 11.00 | |
| Installment | Monthly | |||||
2.3 Murabaha Consumer Financing for International Remittance Senders, Receivers, and Sellers of Hard Currency in Cash
|
||||||||||||||||||||||||||||||||
| IFB profit rate [%] under varied Tenure of financing tenures in years | ||||||||||||||||||||||||||||||||
| A. Equity Contribution & Repayment in FCY | ||||||||||||||||||||||||||||||||
| Contribution | Financing Tenure in Years | |||||||||||||||||||||||||||||||
| 20 | 19 | 18 | 17 | 16 | 15 | 14 | 13 | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 4 | 3 | 2 | 1 | |||||||||||||
| C = 30% | 134.50 | 126.50 | 119.00 | 111.50 | 104.00 | 96.50 | 89.00 | 82.00 | 75.00 | 68.50 | 61.50 | 55.00 | 48.50 | 42.50 | 36.50 | 30.50 | 24.50 | 19.00 | 14.00 | 8.50 | ||||||||||||
| 30%<C≤50% | 119.00 | 112.00 | 105.50 | 98.50 | 92.00 | 85.50 | 79.00 | 73.00 | 67.00 | 61.00 | 55.00 | 49.50 | 43.50 | 38.00 | 33.00 | 27.50 | 22.50 | 17.50 | 12.50 | 8.00 | ||||||||||||
| 50%<C≤70% | 111.50 | 105.00 | 98.50 | 92.50 | 86.50 | 80.50 | 74.50 | 68.50 | 63.00 | 57.50 | 52.00 | 46.50 | 41.00 | 36.00 | 31.00 | 26.00 | 21.50 | 16.50 | 12.00 | 7.50 | ||||||||||||
| C > 70% | 104.00 | 98.00 | 92.00 | 86.00 | 80.50 | 75.00 | 69.50 | 64.00 | 59.00 | 53.50 | 48.50 | 43.50 | 38.50 | 34.00 | 29.00 | 24.50 | 20.00 | 16.00 | 11.50 | 7.50 | ||||||||||||
| B. Equity contribution in FCY and repayment in LCY | ||||||||||||||||||||||||||||||||
| C = 30% | 167.50 | 157.50 | 147.50 | 138.00 | 128.50 | 119.00 | 110.00 | 101.00 | 92.00 | 83.50 | 75.00 | 67.00 | 59.00 | 51.50 | 44.00 | 36.50 | 29.50 | 22.50 | 16.00 | 9.50 | ||||||||||||
| 30%<C≤50% | 151.00 | 142.00 | 133.00 | 124.50 | 116.00 | 107.50 | 99.50 | 91.50 | 83.50 | 76.00 | 68.50 | 61.00 | 54.00 | 47.00 | 40.00 | 33.50 | 27.00 | 21.00 | 15.00 | 9.00 | ||||||||||||
| 50%<C≤70% | 142.50 | 134.00 | 126.00 | 118.00 | 110.00 | 102.00 | 94.50 | 86.50 | 79.50 | 72.00 | 65.00 | 58.00 | 51.00 | 44.50 | 38.00 | 32.00 | 26.00 | 20.00 | 14.50 | 9.00 | ||||||||||||
| C > 70% | 134.50 | 126.50 | 119.00 | 111.50 | 104.00 | 96.50 | 89.00 | 82.00 | 75.00 | 68.50 | 61.50 | 55.00 | 48.50 | 42.50 | 36.50 | 30.50 | 24.50 | 19.00 | 14.00 | 8.50 | ||||||||||||
2.4 Murabaha Consumer Financing for FCY Earning Employees Whose Employer or Organization or Employees’ Association/ Labour Union Have Banking Relationship with Dashen Bank
| Tenure | Financing Tenure in Years | |||||||||||||
| 25 | 24 | 23 | 22 | 21 | 20 | 19 | 18 | 17 | 16 | 15 | 14 | 13 | ||
| Profit rate | 112.5 | 107 | 101.5 | 96.5 | 91.5 | 86.5 | 81.5 | 76.5 | 71.5 | 67 | 62 | 57.5 | 53 | |
| Tenure | 12 | 11 | 10 | 9 | 8 | 7 | 6 | 5 | 4 | 3 | 2 | 1 | ||
| Profit rate | 48.5 | 44 | 39.5 | 35.5 | 31 | 27 | 23 | 19 | 15 | 11.5 | 7.5 | 4 | ||
| Purpose of financing | Equity Contribution | Tenure [years] | ||||||||||||
| Mortgage finance | 0 | 20 | ||||||||||||
| Brand new automobile | C ≥5% | 12 | ||||||||||||
| Used Automobile | C ≥5% | 8 | ||||||||||||
| Household Items | 0 | 7 | ||||||||||||
| Instalment | Monthly | |||||||||||||
Trade Service Terms and Tariffs
Approved Trade Finance Terms & Tariffs
| S/N | Products/Services | Fee Basis & Currency | Revised Rates | Remark | |||
| Sources of Transactions | |||||||
| LCY | Exporters’ Retention Account | NR – FCY A/C of FDI | |||||
| 1 | Import Letter of Credit-Sight & Acceptance | ||||||
| 1.1 | LC Opening, Extension, Amendment, Cancellation and Excess Drawing | ||||||
| 1.1.1 | LC Opening(For each 90 days) | ||||||
| 1.1.1.1 | Exchange Payable to NBE | Rate | 2.50% | N/A | N/A | ||
| Min [ETB] | 10 | N/A | N/A | ||||
| 1.1.1.2 | Opening Commission | Rate | N/A | N/A | N/A | ||
| Min [USD] | 250 | 250 | 250 | ||||
| 1.1.1.3 | Service Charge | Rate | 4.00% | 3.00% | 2.00% | ||
| Min [USD] | 250 | 250 | 250 | ||||
| 1.1.1.4 | Confirmation Commission ( against cash collateral , against credit line) | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.1.5 | Commitment fee on margin held-LC import (90 days) | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.1.6 | SWIFT Charge | Flat [USD] | 150 | 150 | 150 | ||
| 1.1.1.7 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.1.1.8 | Tracer-Domestic & International [if applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.1.2 | LC Extension (For each 90 days) | ||||||
| 1.1.2.1 | Extension Commission after expiry | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.2.2 | Service Charge after expiry | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.2.3 | Confirmation Commission ( against cash collateral , against credit line) | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.2.4 | Extension Commission before expiry | Rate | 2.00% | 1.50% | 1.00%. | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.2.5 | Service Charge after expiry | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.2.6 | SWIFT Charge [if applicable] | Flat [USD] | 150 | 150 | 150 | ||
| 1.1.2.7 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.1.2.8 | Tracer-Domestic & International [if applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.1.3 | LC Amendment | ||||||
| 1.1.3.1 | Increase in LC (For each 90 days) | ||||||
| 1.1.3.1.1 | Exchange Payable to NBE | Rate | 2.50% | N/A | N/A | ||
| Flat [ETB] | 10 | N/A | N/A | ||||
| 1.1.3.1.2 | Opening Commission | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.3.1.3 | Service Charge | Rate | 4.00% | 3.00% | 2.00% | ||
| Min [USD] | 250 | 250 | 250 | ||||
| 1.1.3.1.4 | Confirmation Commission | Rate | N/A | N/A | N/A | ||
| Min [USD] | 250 | N/A | N/A | ||||
| 1.1.3.1.5 | Amendment Charge | Flat [USD] | N/A | N/A | N/A | ||
| 1.1.3.1.6 | SWIFT Charge [if applicable] | Flat [USD] | 150 | 150 | 150 | ||
| 1.1.3.1.7 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.1.3.1.8 | Tracer-Domestic & International [if applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.1.3.2 | Decrease in LC(For each 90 days) | ||||||
| 1.1.3.2.1 | SWIFT Charge | Flat [USD] | 150 | 150 | 150 | ||
| 1.1.3.2.2 | Amendment Charge | Flat [USD] | N/A | N/A | N/A | ||
| 1.1.3.2.3 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.1.3.2.4 | Tracer-Domestic & International [if applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.1.3.2.5 | Shipment made before issuance of LC(After getting approval) | Flat [USD] | 200 | 200 | 200 | ||
| 1.1.4 | LC Cancellation (For each 90 days) | ||||||
| 1.1.4.1 | Full LC Cancellation Commission | Flat [USD] | N/A | N/A | N/A | ||
| 1.1.4.2 | Partial LC Cancellation Commission excluding automatic cancellation due to unit price and freight reduction | Flat [USD] | N/A | N/A | N/A | ||
| 1.1.5 | LC Excess drawing (On the overdrawn value) | ||||||
| 1.1.5.1 | Exchange Payable to NBE | Rate | 2.50% | N/A | N/A | ||
| Flat [ETB] | 10 | N/A | N/A | ||||
| 1.1.5.2 | Opening Commission | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.1.5.3 | Service Charge | Rate | 4.00% | 3.00% | 2.00% | ||
| Min [USD] | 250 | 250 | 250 | ||||
| 1.1.5.4 | SWIFT[if applicable] | Flat [USD] | 150 | 150 | 150 | ||
| 1.1.5.5 | Photocopy/fax charge [Per page & when applicable] | Flat ETB] | N/A | N/A | N/A | ||
| 1.1.5.6 | Tracer-Domestic & International [if applicable] | Flat ETB] | N/A | N/A | N/A | ||
| 1.2 | Other Letter of Credit Charges & Commissions | ||||||
| 1.2.1 | Handling charges for processing shipping documents under expired LCs and beyond 90 days from date of issue other than supplier credit documents | ||||||
| 1.2.1.1 | Handling Charges within 10 days | Rate | Free | Free | Free | ||
| Min [USD] | Free | Free | Free | ||||
| 1.2.1.2 | Handling Charges between 11-30days | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.2.1.3 | Handling Charges greater than 31 days | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.2.1.4 | Confirmation Commission ( against cash collateral , against credit line) | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 1.2.1.5 | SWIFT Charge | Flat [USD] | N/A | N/A | N/A | ||
| 1.2.1.6 | Discrepancy Fee [Deducted from the Beneficiary] | Flat [USD] | N/A | N/A | N/A | ||
| 1.2.1.7 | Extra copy of import documents charge (photo copy) per presentation | Flat [USD] | N/A | N/A | N/A | ||
| 1.2.1.8 | Letter of credit re-opening service charge | Flat [USD] | N/A | N/A | N/A | ||
| 1.2.1.9 | Photocopy/fax charge [if applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 1.2.1.10 | Tracer- Domestic & International [if applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 2 | Inward Bills Collections/Cash Against Documents-Sight & Acceptance Commission | ||||||
| 2.1. | Up on purchase order [PO] approval (For each 90 days) | ||||||
| 2.1.1 | Commission | Rate | 4.00% | 3.00% | 2.00% | ||
| Min [USD] | 250 | 250 | 250 | ||||
| 2.2. | Up on Purchase Order [PO] Extension, Amendment and Cancellation | ||||||
| 2.2.1 | Purchase Order Extension (For each 90 days) | ||||||
| 2.2.1.1 | Commission for extension of validity date of PO or if document is presented after PO expiration and beyond 90-days | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.2 | Purchase Order Amendment(For each 90 days) | ||||||
| 2.2.2.2 | Amendment commission | Flat [USD] | N/A | N/A | N/A | ||
| 2.2.2.3 | Commission on the Amendment of PO for increase of PO approved value within expiry (handling charge on increased value) | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.2.4 | Commission on the Amendment of PO for increase of PO approved value after expiry (handling charge on increased value) | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.3 | Upon presentation of final document(For each 90 days) | ||||||
| 2.2.3.1 | Exchange Payable to NBE | Rate | 2.50% | N/A | N/A | ||
| Min [ETB] | 10 | N/A | N/A | ||||
| 2.2.3.2 | Swift Charge | Flat [USD] | 150 | 150 | 150 | ||
| 2.2.3.3 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 2.2.3.4 | Tracer – Domestic & International | Flat [ETB] | N/A | N/A | N/A | ||
| 2.2.3.5 | Commission on IBC-Sight | Flat | N/A | N/A | N/A | ||
| 2.2.3.6 | Commission on IBC- Acceptance if settled on due date | Flat | N/A | N/A | N/A | ||
| 2.2.3.7 | Commission on IBC- Acceptance if settled after maturity date | Flat [USD] | N/A | N/A | N/A | ||
| 2.2.4 | Purchase Order Cancellation | ||||||
| 2.2.4.1 | Up on full cancellation of PO | Flat [USD] | N/A | N/A | N/A | ||
| 2.2.5 | PO Excess drawing (On the overdrawn value) (For each 90 days) | ||||||
| 2.2.5.1 | Exchange Payable to NBE | Rate | 2.50% | NA | NA | ||
| Min [ETB] | 10 | NA | NA | ||||
| 2.2.5.2 | Service Charge | Rate | 4.00% | 3.00% | 3.00% | ||
| Min [USD] | 250 | 250 | 250 | ||||
| 2.2.6 | Handling charge of documents arrived after expiry date of PO (For each 90 days) | ||||||
| 2.2.6.1 | Handling Charges within 10 days | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.6.2 | Handling Charges between 11-30days | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.6.3 | Handling Charges greater than 30days | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.6.4 | SWIFT Charge | Flat [USD] | N/A | N/A | N/A | ||
| 2.2.6.5 | Extra copy of import documents charge (photo copy) per presentation [if applicable] | Flat [USD] | NA | NA | NA | ||
| 2.2.6.6 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 2.2.6.7 | Tracer- Domestic & International [if applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 2.2.7 | Shipment made prior to approval of PO | ||||||
| 2.2.7.1 | Shipment made within 10 days | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.7.2 | Shipment made after 10 days | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.8 | Partial shipment charge | ||||||
| 2.2.8.1 | 1st partial shipment | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.8.2 | 2nd partial shipment | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.8.3 | 3rd partial shipment | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 2.2.8.4 | 4th partial shipment and above | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 3 | Unpaid Items | ||||||
| 3.1 | Unpaid shipping documents held in safe custody/trust(For each 90 days) | ||||||
| 3.1.1 | Acceptance documents aging over 30 days -Custody Charge | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 3.1.2 | Sight documents aging over 30 days -Custody Charge | Rate | N/A | N/A | N/A | ||
| Min [USD] | N/A | N/A | N/A | ||||
| 3.1.3 | Delivery of documents free of charge – Handling Commission (if applicable) | Min [USD] | N/A | N/A | N/A | ||
| 3.1.4 | SWIFT Charge [if applicable] | Flat [USD] | N/A | N/A | N/A | ||
| 3.1.5 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 3.1.6 | Tracer – Domestic & International [if applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 3.1.7 | Courier Charge | Flat [USD] | Per Cost | Per Cost | Per Cost | ||
| 3.2 | Unpaid Items Returned(For each 90 days) | ||||||
| 3.2.1 | Service charge on returned shipping document | Flat [USD] | 150 | 150 | 150 | ||
| 3.2.2 | Insurance Cover | Flat/Rate | As per insurance bill/receipt | ||||
| 3.2.3 | Legal Fee | Flat/Rate | As per insurance bill/receipt | ||||
| 3.2.4 | SWIFT Charge [if applicable] | Flat [USD] | 150 | 150 | 150 | ||
| 3.2.5 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | N/A | N/A | N/A | ||
| 3.2.6 | Tracer- Domestic & International [if applicable] | Flat [ETB] | 400 | 400 | 400 | ||
| 3.2.7 | IBC / CAD documents examination fee | Flat [USD] | N/A | N/A | N/A | ||
| 3.2.8 | Courier Charge | Flat/Rate | Per cost | Per cost | Per cost | ||
| 4 | Export | ||||||
| 4.1 | Export LC(For each 90 days) | ||||||
| 4.1.1 | Advising & swift authentication cost for Dashen Bank | Flat [ETB] | Free | Free | Free | ||
| 4.1.2 | Advising & swift authentication cost for other banks | Flat [ETB] | 1500 | 1500 | 1500 | ||
| 4.1.3 | Extension Service Charge for Dashen Bank | Flat [ETB] | Free | Free | Free | ||
| 4.1.4 | Extension Service Charge or other banks | Flat [ETB] | 1000 | 1000 | 1000 | ||
| 4.1.5 | Amendment Service Charge for Dashen Bank | Flat [ETB] | Free | Free | Free | ||
| 4.1.6 | Amendment Service Charge for other banks | Flat [ETB] | 1000 | 1000 | 1000 | ||
| 4.1.7 | Cancellation or if not utilized upon LC expiration | Flat [ETB] | 1500 | 1500 | 1500 | ||
| 4.1.8 | Confirmation Commission | Rate | 0.50% | 0.50% | 0.25% | ||
| Min [USD] | 125 | 125 | 125 | ||||
| 4.2 | For Export LC- Negotiation [ODBP](For each 90 days) | ||||||
| 4.2.1 | Exchange Payable to NBE | Rate | Free | Free | Free | ||
| Min [USD] | Free | Free | Free | ||||
| 4.2.2 | Negotiation Charge | Min | Free | Free | Free | ||
| 4.2.3 | Photocopy/fax charge [Per page & when applicable] | Flat | 30 | 30 | 30 | ||
| 4.2.4 | Tracer-Domestic & International [when applicable] | Flat [ETB] | 400 | 400 | 400 | ||
| 4.2.5 | Negotiation on non-complying presentation in line with the policy & procedures of the Bank | Flat [USD] | 100 | 100 | 100 | ||
| 4.2.6 | Interest on advance on export bills-unpaid ODBP exceeding 30 days after credit entry | 16% | |||||
| 4.2.7 | Courier Charge | Flat/Rate | Per cost | Per cost | Per cost | ||
| 4.3 | Letter of Credit and Documentary Collections (ODBC) (For each 90 days) | ||||||
| 4.3.1 | Exchange Payable to NBE | Rate | Free | Free | Free | ||
| Min | Free | Free | Free | ||||
| 4.3.2 | Document examination fee | Flat [USD] | 100 | 100 | 75 | ||
| 4.3.3 | Swift Charge [USD] | Flat [USD] | 75 | 75 | 75 | ||
| 4.3.4 | Postage/Courier | Flat/Rate | Per Cost | Per Cost | Per Cost | ||
| 4.3.5 | Photocopy/fax charge [Per page & when applicable] | Flat [ETB] | 25 | 25 | 25 | ||
| 4.3.6 | Tracer-Domestic & International [when applicable] | Flat [ETB] | 400 | 400 | 400 | ||
| 5 | Freight | ||||||
| 5.1 | Freight Collection-LC/(For each 90 days) | ||||||
| 5.1.1 | Service Charge | Rate | 4.00% | 3.00% | 2.00% | ||
| Min [USD] | 50 | 50 | 50 | ||||
| 5.1.2 | For inland freight /Local Freight | Rate | NA | NA | NA | ||
| Min [ETB] | 2000 | 2000 | 2000 | ||||
| 5.2 | For Freight Collection-IBC & Franco Valuta (For each 90 days) | ||||||
| 5.2.1 | Commission on IBC | Rate | 4.00% | 3.00% | 2.00% | ||
| Min [USD] | 50 | 50 | 50 | ||||
| 5.2.2 | For inland freight /Local Freight | Rate | NA | NA | NA | ||
| Min [ETB] | 2000 | 2000 | 2000 | ||||
| 5.3 | For Freight Collection -TT (For each 90 days) | ||||||
| 5.3.1 | Commission on DD/TT | Rate | 4.00% | 3.00% | 2.00% | ||
| Min [USD] | 50 | 50 | 50 | ||||
| 5.3.2 | For inland freight /Local Freight | Rate | NA | NA | NA | ||
| Min [ETB] | 2000 | 2000 | 2000 | ||||
| 6 | Postage/Courier | ||||||
| 6.1. | Postage | ||||||
| 6.1.1 | Normal | Flat /Rate | Per Cost | Per Cost | Per Cost | ||
| 6.1.2 | Registered | ||||||
| 6.1.2.1 | Zone 1 [Africa] | Flat/Rate | Per Cost | Per Cost | Per Cost | ||
| 6.1.2.2 | Zone 2 [Europe/Asia] | Flat /Rate | Per Cost | Per Cost | Per Cost | ||
| 6.1.2.3 | Zone 3 [America] | Flat /Rate | Per Cost | Per Cost | Per Cost | ||
| 6.2 | Courier Service | ||||||
| 6.2.1 | International | Flat /Rate | Per Cost | Per Cost | Per Cost | ||
| 6.2.2 | Domestic | Flat /Rate | Per Cost | Per Cost | Per Cost | ||
| 7 | Swift Authentication Cost and Others | ||||||
| 7.1 | Swift charge for full LC text (Advising) | Flat [USD] | 150 | 150 | 150 | ||
| 7.2 | Swift authentication received for financial institutions and others in favour of other banks’ customers | Flat [USD] | 150 | 150 | 150 | ||
| 7.3 | Swift authentication received through other banks in favor of our customer | Flat /Rate | Per debit Advice | Per debit Advice | Per debit Advice | ||
| 7.4 | Swift charge for statement upon applicant’s request | Flat [ETB] | 500 | 500 | 500 | ||
| 7.5 | Statement to be sent by Fax | Flat [USD] | 150 | 150 | 150 | ||
| 7.6 | Statement to be sent by Mail | Flat [USD] | 35 | 35 | 35 | ||
| 7.7 | Swift charge for amendment/reimbursement/ clarification/fund transfer/cancellation/ acknowledgment and any communication made on applicant’s request | Flat [ETB] | 2000 | 2000 | 2000 | ||
| 7.8 | Swift charge for FX trading partners/IMTO | Flat | Free | Free | Free | ||
| 7.9 | Presenting bank charges, i.e., document presentation to other local banks | Flat [USD] | 75 | 75 | 75 | ||
| 7.10 | Duplication of advices, document and messages< 1 year [per ticket] | Flat [ETB] | 200 | 200 | 200 | ||
| 7.11 | Duplication of advices, document and messages more than 1 year [per ticket] | Flat [ETB] | 300 | 300 | 300 | ||
| 7.12 | Foreign guarantee commission (Shipping Guarantee and Delivery Order against 110% deposit) for documents from LCY account & 100 % for documents from FCY denominated accounts per transport document [per Annul] | Flat [USD] | 200 | 200 | 200 | ||
| 7.13 | Foreign guarantee commission (Indemnity letter) against undertaking letter per transport document [per Annum] | Flat [USD] | 125 | 125 | 125 | ||
| 7.14 | Issuing confirmation letter | Flat [ETB] | 1000 | 1000 | 1000 | ||
| 7.15 | Import permit extension and/or amendment | Flat [ETB] | 3000 | 3000 | 3000 | ||
| 7.16 | Import/Export permit splitting | Flat [ETB] | 3000 | 3000 | 3000 | ||
| 7.17 | Small Items Export-Others | Flat [USD] | 175 | 175 | 175 | ||
| 7.18 | Small Item for Sample Export permit approval | Flat [USD] | Free | Free | Free | ||
| 7.19 | Issuance of Duplicate Permit | Flat [USD] | 75 | 75 | 75 | ||
| 7.20 | Photocopy/fax charge [Shipment document/permit/PI, etc.] | Flat [ETB] | 30 | 30 | 30 | ||
| 7.21 | Tracer- Domestic & International | Flat [ETB] | 600 | 600 | 600 | ||
| 7.22 | Issuing not-for-payment import permit | Flat [ETB] | 3000 | 3000 | 3000 | ||
| 7.23 | All Foreign exchange application form except export application form [per pad] | Flat [ETB] | NA | NA | NA | ||
| 7.24 | Supplier’s credit handling charges for CAD | Rate | 2.50% | 2.25 | 2.00% | Applicable only if the customer does not have adequate balance at the time of maturity and if it is CAD | |
| Min [USD] | NA | NA | NA | ||||
| 7.25 | Change of method of payment | Flat [USD] | NA | NA | NA | ||
| Min [USD] | NA | NA | NA | ||||
| 7.26 | IBC Document Directly received from supplier’s ( as % of invoice value ) | Rate | 2.50% | 2.25% | 2.00% | ||
| Min [USD] | 200 | 200 | 200 | ||||
| 7.27 | Discounting acceptance/Deferred payment | Flat/Rate | By special arrangement & determined by executive management | ||||
| 7.28 | Correspondent bank charges | Flat/Rate | As per insurance bill- receipt | ||||
| 7.29 | Advance of Cheque purchased if reimbursement delayed for more than 30 days | Flat/Rate | 16% | ||||
| 7.30 | If currency other than bank’s listed NOSTOR accounts up on debit of the equivalent NOSTRO currency | Flat/Rate | Exchange rate difference collected or credited from/to the applicant using the exchange rate of debit value date. | ||||
| 8 | Foreign Letter of Guarantee [Bid, Performance, Advance Payment, Payment, Retention, Stand-by and others as agreed] | If the additional days are less than 90 days but greater than 45 days, the full charge will be applicable; otherwise on pro-rata basis | |||||
| 8.1 | Incoming Foreign Guarantee | ||||||
| 8.1.1 | Indirect Incoming Foreign Guarantee | ||||||
| 8.1.1.1 | Commission on Foreign Guarantees Issued with Counter Guarantees of Correspondent Banks Seeking Guarantee of DB (for each 90 days) | ||||||
| 8.1.1.1.1 | Amount Range | If the additional days are less than 90 days but greater than 45 days, the full charge will be applicable; otherwise on pro-rata basis | |||||
| i | Up to USD 50,000 | Rate | NA | 0.70% | 0.70% | ||
| Min [USD] | NA | 50 | 50 | ||||
| ii | From USD 50,001 – USD 500,000 | Rate | NA | 0.60% | 0.60% | ||
| Min [USD] | NA | 360 | 360 | ||||
| iii | From USD 500,001 – USD 1,000,000 | Rate | NA | 0.45% | 0.45% | ||
| Min [USD] | NA | 2475 | 2475 | ||||
| iv | >USD 1,000,001 | Rate | NA | 0.35% | 0.35% | ||
| Min [USD] | NA | 3600 | 3600 | ||||
| 8.1.1.2 | Extension & Amendment Charges | ||||||
| 8.1.1.2.1 | Increase in amount (for each 90 days) | If the additional days are less than 90 days but greater than 45 days, the full charge will be applicable; otherwise on pro-rata basis | |||||
| i | Up to USD 50,000.00 | Rate | NA | 0.70% | 0.70% | ||
| Min [USD] | NA | 50 | 50 | ||||
| ii | From USD 50,001-USD 500,000 | Rate | NA | 0.60% | 0.60% | ||
| Min [USD] | NA | 360 | 360 | ||||
| iii | From USD 500,001 – USD 1,000,000 | Rate | NA | 0.45% | 0.45% | ||
| Min [USD] | NA | 2475 | 2475 | ||||
| iv | >USD 1,000,001 | Rate | NA | 0.35% | 0.35% | ||
| Min [USD] | NA | 3600 | 3600 | ||||
| 8.1.1.2.2 | Extension of issued guarantee (for each 90 days) | ||||||
| i | Up to USD 50,000 | Rate | NA | 0.70% | 0.70% | If the additional days are less than 90 days but greater than 45 days, the full charge will be applicable; otherwise on pro-rata basis | |
| Min [USD] | NA | 50 | 50 | ||||
| ii | From USD 50,001 – USD 500,000 | Rate | NA | 0.60% | 0.60% | ||
| Min [USD] | NA | 360 | 360 | ||||
| iii | From USD 500,001 – USD 1,000,000 | Rate | NA | 0.45% | 0.45% | ||
| Min [USD] | NA | 2475 | 2475 | ||||
| iv | >USD 1,000,001 | Rate | NA | 0.35% | 0.35% | ||
| Min [USD] | NA | 3600 | 3600 | ||||
| 8.1.1.3 | Other Amendments | Flat [USD] | NA | 50 | 50 | ||
| 8.1.1.4 | Cancellation of issued guarantee | Flat [USD] | NA | 200 | 200 | ||
| 8.1.1.5 | SWIFT Charge | Flat [USD] | NA | 35 | 35 | ||
| 8.1.2 | Foreign bank Guarantee under Documentary Collection | ||||||
| 8.1.2.1 | Guarantee for presentation of B/I (3 months thereof +120% face value deposit ) | Rate | NA | 1.00% | 1.00% | ||
| Min [ETB] | NA | 1000 | 1000 | ||||
| 8.1.2.2 | Acceptance Guarantee(draft of foreign suppliers) | Rate | NA | 1.25% | 1.25% | ||
| Min [ETB] | NA | 1000 | 1000 | ||||
| 8.1.2.3 | Short term guarantee (less than 12 months) | Rate | NA | 1.00% | 1.00% | ||
| Min [ETB] | NA | 1000 | 1000 | ||||
| 8.1.3 | Direct Incoming Foreign Guarantee Commission | ||||||
| 8.1.3.1 | Advising Commission | Flat [USD] | NA | 40 | 40 | ||
| 8.1.3.2 | Extension Commission | Flat [USD] | NA | 40 | 40 | ||
| 8.1.3.3 | Amendment only | Flat [USD] | NA | 40 | 40 | ||
| 8.1.3.4 | Swift Charge | Flat [USD] | NA | 75 | 75 | ||
| 8.1.4 | Commission on indirect foreign bid band or performance bond at the request of local agent | ||||||
| i | Against 100% cash deposit | Rate | NA | 0.85% | 0.85% | ||
| Min [USD] | NA | 150 | 150 | ||||
| ii | Against other collateral | Rate | NA | 1.00% | 1.00% | ||
| Min [USD] | NA | 150 | 150 | ||||
| 8.2 | Outgoing Foreign Guarantee | ||||||
| 8.2.1 | Outgoing Foreign Guarantee at the Request of Local Customer [by special arrangement] | ||||||
| 8.2.1.1 | Against 100% Cash Collateral [For 90 days] | ||||||
| 8.2.1.1.1 | Up to One year | Rate | NA | 0.70% | 0.70% | ||
| Min [USD] | NA | 150 | 150 | ||||
| 8.2.1.1.2 | More than One year | Rate | NA | 1.20% | 1.20% | ||
| Min [USD] | NA | 150 | 150 | ||||
| 8.2.1.2 | With Collateral other than cash | ||||||
| 8.2.1.2.1 | Maturity up to one year [For each 90 days] | ||||||
| i | Tangible Collateral accepted by the Bank | Rate | NA | 1.00% | 1.00% | If the additional days are less than 90 days but greater than 45 days, the full charge will be applicable; otherwise on pro-rata basis | |
| Min [USD] | NA | 200 | 200 | ||||
| ii | Clean or Personal Guarantee | Rate | NA | 1.75% | 1.75% | ||
| Min [USD] | NA | 200 | 200 | ||||
| iii | Mixed collateral [tangible collateral, clean base and/or personal guarantee] | Rate | The rate specified for the riskiest collateral of the mix | ||||
| Min [USD] | NA | 100 | 100 | ||||
| 8.2.1.2.2 | Maturity More than 1 year | ||||||
| i | Tangible Collateral accepted by the Bank | Rate | NA | 1.25% | 1.25% | ||
| Min [USD] | NA | 100 | 100 | ||||
| ii | Clean or Personal Guarantee | Rate | NA | 2.25% | 2.25% | ||
| Min [USD] | NA | 100 | 100 | ||||
| iii | Mix of tangible collateral, clean base and/or personal guarantee | Rate | The rate specified for the riskiest collateral of the mix | ||||
| Min [USD] | NA | 100 | 100 | ||||
| 8.2.1.2.3 | Extension Charge | Flat [USD] | NA | 40 | 40 | ||
| 8.2.1.2.4 | Amendment Charge | Flat [USD] | NA | 40 | 40 | ||
| 8.2.1.2.5 | Swift Charge | Flat [USD] | NA | 75 | 75 | ||
| 9 | Foreign Fund Transfer | ||||||
| 9.1 | For Incoming Foreign fund Transfer | ||||||
| 9.1.1 | Exchange Payable to NBE | Rate | Nil | Nil | Nil | ||
| Min [ETB] | Nil | Nil | Nil | ||||
| 9.1.2 | Service Charge | Flat [ETB] | Nil | Nil | Nil | ||
| 9.2 | Retransfer of Incoming Fund Transfer in FCY | ||||||
| 9.2.1 | Service Charge | ||||||
| 9.2.1.1 | Below 100 USD | Flat [USD] | Free | Free | Free | ||
| 9.2.1.2 | From USD 101 to USD 10,000 | Flat [USD] | 50 | 50 | 50 | ||
| 9.2.1.3 | >USD 10,001 | Flat [USD] | 75 | 75 | 75 | ||
| 9.2.1.4 | SWIFT Charge [USD] | Flat [USD] | 30 | 30 | 30 | ||
| 9.2.1.5 | Service charge for transfer of previously remitted amount via FX dealings | Flat [USD] | Nill | ||||
| 9.2.3 | Investigation Cost/Inquiry | ||||||
| 9.2.3.1 | Request by the overseas bank | Flat [USD] | 50 | 50 | 50 | ||
| 9.2.3.2 | Request by the customer | Flat [ETB] | 300 | 300 | 300 | ||
| 9.3 | For Outgoing Foreign Fund Transfer [SWIFT/Draft/Check] | ||||||
| 9.3.1. | For Customers [Advance Payment-TT) | ||||||
| 9.3.1.1 | Exchange Payable to NBE [for both Invisible and Visible] | Rate | 2.50% | N/A | N/A | ||
| Min [ETB] | 10 | N/A | N/A | ||||
| 9.3.1.2 | Service Charge for Import (including invisible for above USD 1000) | Rate | 4.00% | 3.00% | 2.00% | ||
| Min [USD] | 50 | 50 | 50 | ||||
| 9.3.1.3 | Service charge for medical expense | Rate | 3.50% | 2.50% | 1.50% | ||
| Min [USD] | 50 | 50 | 50 | ||||
| 9.3.1.4 | Service charge for education (ACCA) | Rate | 3.50% | 2.50% | 1.50% | ||
| Min [USD] | 30 | 30 | 30 | ||||
| 9.3.1.6 | Service charge for all invisible/other service payments except the above (9.3.1.2-9.3.1.4) and below amount of USD 1000. | Rate | NA | NA | NA | ||
| Min [USD] | 50 | 50 | 50 | ||||
| 9.3.1.7 | Amendment Charge | Flat [USD] | 75 | 75 | 75 | ||
| 9.3.1.8 | Replacement or Cancellation Charge | Flat [USD] | 50 | 50 | 50 | ||
| 9.3.1.9 | Swift Charge | Flat [USD] | 50 | 50 | 50 | ||
| 9.3.1.10 | Cost of Draft/Check per unit cost | Flat/Rate | As per Bill/Receipt/Debit confirmation | ||||
| 9.3.1.11 | Correspondent Bank Charges/Handling Commission | Flat/Rate | As per Bill/Receipt/ Debit confirmation | ||||
| 9.3.2 | For Staff Members | ||||||
| 9.3.2.1 | Exchange Payable to NBE | Rate | 2.50% | N/A | N/A | ||
| Min [ETB] | 10 | N/A | N/A | ||||
| 9.3.2.2 | Service charge for education and medical expense | Rate | 3.00% | N/A | N/A | ||
| Min [ETB] | 500 | N/A | N/A | ||||
| 9.3.2.3 | Amendment Charge | Min [ETB] | 1500 | N/A | N/A | ||
| 9.3.2.4 | Replacement or Cancellation Charge | Min [ETB] | 500 | N/A | N/A | ||
| 9.3.2.5 | Swift Charge | Min [ETB] | 1500 | N/A | N/A | ||
| 9.3.2.6 | Correspondent Bank Charges/Handling Commission | Flat/Rate | Per Bill/Receipt/Debit confirmation | ||||
| 10 | Cost of NR-FCY, NRT, NRNT Check books and Other Charges | ||||||
| 10.1 | Service Charge for Check book Issued | ||||||
| 10.1.1 | USD | ||||||
| 10 Leaves | Flat [USD] | N/A | 6 | 6 | |||
| 25 Leaves | Flat [USD] | N/A | 10 | 10 | |||
| 50 Leaves | Flat [USD] | N/A | 16 | 16 | |||
| 10.1.2 | EURO | ||||||
| 10 Leaves | Flat [EUR] | N/A | 5 | 5 | |||
| 25 Leaves | Flat [EUR] | N/A | 8 | 8 | |||
| 50 Leaves | Flat [EUR] | N/A | 12 | 12 | |||
| 10.1.3 | GBP | ||||||
| 10 Leaves | Flat [GBP] | N/A | 4 | 4 | |||
| 25 Leaves | Flat [GBP] | N/A | 6 | 6 | |||
| 50 Leaves | Flat [GBP] | N/A | 8 | 8 | |||
| 10.2 | Account Dormancy and Maintenance Charges | ||||||
| 10.2.1 | Account Dormancy Charge/Annum | Flat [USD] | N/A | N/A | N/A | ||
| 10.2.2 | Account maintenance cost/Annum | Flat [USD] | N/A | 50 | 50 | ||
| 10.2.3 | Account maintenance for FX trading partner/IMTO | Flat [USD] | N/A | Free | Free | ||
| 11 | Foreign Currency Exchange Rate | ||||||
| 11.1 | Foreign Currency Cash Notes Rates | ||||||
| 11.1.1 | For Buying | Flat [USD] | Prevailing buying rate | ||||
| 11.1.2 | For Selling | Flat [USD] | Prevailing selling rate | ||||
| 11.2 | Foreign Currency Transaction Rates | ||||||
| 11.2.1 | For Buying | Flat [USD] | Prevailing buying rate | ||||
| 11.2.2 | For Selling | Flat [USD] | Prevailing selling rate | ||||
| 11.3 | Commission on Sale of Foreign Currency Cash Notes | ||||||
| 11.3.1 | Exchange payable to NBE | Rate | N/A | NA | NA | ||
| Min [ETB] | N/A | NA | NA | ||||
| 11.3.2 | Commission on selling FCY cash notes | Rate | 4.00% | NA | N/A | ||
| Min [ETB] | 500 | NA | N/A | ||||
| 11.3.3 | Commission on selling FCY cash notes for medical travel upon presentation of Medical Board Certificate | Rate | 3.50% | NA | N/A | ||
| Min [ETB] | 500 | NA | N/A | ||||
| 11.3.4 | Commission on selling FCY cash notes to staff for business travel securing approval From the CEO | Rate | Free | Free | Free | ||
| Min [ETB] | Free | Free | Free | ||||
