SN | Description | Tariff |
1 | Commission and Charges: Export Service |
1.1 | All service charges and commissions | Free |
1.2 | Swift charges | As per carrier cost /per bill/claim |
1.3 | Delivery of Documents / postage carrier |
2 | Incoming Transfer /Bank to Bank transfer |
2.1 | Exchange commission payable to NBE | Free |
2.2 | Service Charge | Free |
2.3 | Repatriation /Re-transfer of Foreign Transfer of Funds deposited to customer account and / or keep under payable account | 1% or a minimum of USD 40 whichever is higher |
3 | Commission and Charge Against Local Account or Cash |
3.1 | Outgoing Transfer – EFT /and Bank Draft | 8% or a minimum of USD 250 whichever is higher per period (i.e. 90 days or part thereof) |
3.2 | Import letter of Credit (L/C) |
3.3 | Purchase order issuance and / or outstanding purchase |
3.4 | Extension commission if additional period is involved for LCs, PO and EFT/TT |
3.5 | Excess Drawings (increase of amount of FOB Value or Freight) |
3.6 | Settlement of Expired L/Cs and IBCs shipped after its validity date |
3.7 | Exchange commission against local account or Cash | 2.50% |
3.8 | Confirmation commission for LCs | 5.5% and Min. USD 250 |
3.9 | Service charge for LCs opened at margin against local account | 5.5 % |
4 | Commission and Service Charge on: NR-FCY and Retention |
4.1 | Outgoing Transfer | 5.9% or a minimum of USD 250 whichever is higher per period (i.e. 90 days or part thereof) |
4.2 | Import letter of Credit (L/C) |
4.3 | Purchase order issuance and / or outstanding purchase |
4.4 | Extension commission if additional period involved for LCs POs |
4.5 | Excess Drawings (increase of amount of FOB value or Freight) |
4.6 | Settlement of expired L/Cs and IBCs shipped after its validity date |
4.7 | Confirmation Commission for LCs | 4% and Min USD 250 |
4.8 | Exchange Commission against NR and Retention Account | Free |
SN | Description | Tariff |
5 | Commission and Charges on: Freight Charge collection to Ethiopian Shipping and Logistics Enterprises |
5.1 | Freight payment made in foreign currency or invoices presented in foreign currency | 8% or a min of USD 250 whichever is higher or part thereof |
5.2 | Exchange commission payable to NBE | 2.50% |
6 | Other Charges/Fees |
6.1 | Amendment charge on LCs/POs for charge of quantity/Price/ supplier, any other amendment as the case may be | USD 250 per request |
6.2 | SWIFT charges | USD 80 per page |
6.3 | Delivery of Documents / postage carrier | As per carrier cost/per bill |
6.4 | Cancellation of LCs and POs | USD 250 |
6.7 | LCs received via SWIFT and authenticated by Bunna Bank for other Banks and / or authenticated SWIFT message received from other Banks | As per respective Bank’s rate/charge |
6.8 | Guarantee issued for missing bill of lading or airway bill under sight LC-handling charges against customer deposit of the invoice value of good plus 10% | 1% of document value or minimum of USD 250 whichever is higher |
6.9 | Partial shipment 1st and 2nd free, however 3rd and above partial shipment | 3% of document value or minimum of USD 250 whichever is higher |
6.10 | Issuance of Delivery order against customer deposit of the invoice value of goods plus 10% | 2.5% of document value or minimum of USD 250 whichever is higher |
6.11 | Service charge on sale of foreign currency cash notes | 8% |
6.13 | Document presentation after 30 days for settlement of expired LCs and IBSs (i.e., For expired POs) but shipped within its validity date | 8% a minimum of USD 250 whichever is higher |
7 | Service charge on: Foreign Letter of guarantee |
7.1 | Incoming foreign bank guarantee issued at the request of correspondent bank abroad with their counter guarantee | 0.75% or minimum of USD 200 for 90 Days or part thereof whichever is higher |
7.2 | Extension of guarantee if additional period is involved |
7.3 | Outgoing foreign bank guarantee at the request of local customer and NBE approval |
7.4 | Incoming foreign bank guarantee issued by correspondent banks passed by us with our authentication only | USD 100 Per case |
8 | Other |
8.1 | Confirmation letter to various government and other organizations | Birr 500 |
8.2 | Import permit renewal for the first time | USD 195 |
8.3 | Import permit renewal for more than one time | USD 250 |
SN | Description | Tariff |
8.4 | Permit split more than two times for advance payment | 3% or a minimum of USD 250 whichever is higher |
8.5 | Import LC and CAD document examination fee | USD 250 |
8.6 | Suppliers’ Credit Handling Fee | 1% of the invoice value Min USD 200 (for all customers) it is collected upon issuance of LC & approval of PO |
8.7 | Custody Charges of all Documents | USD 250 flat per month for documents held the bank’s custody beyond 30 days |
8.8 | Document present direct by supplier | 2.50% document value USD Min 250 |
8.9 | Photocopy Charge | Birr 500 |