Bunna Bank

Tarrifs

Charges for Mobile and Internet Banking Services

INFORMATION
Service Type Existing charge at the counter Proposed Price
Daily foreign currencies (FCY) exchange rate of the bank Free Free
ATM Locations Free
Balance inquiry Free Free
Mini-statements Free Free
TRANSFER
Service Type Existing charge at the counter Proposed Price
Transfer of funds from one account to another account (Own) Free Free
Transfer of funds from one account to another person’s account Free Free
Transfer of funds from one account to another bank account (A2A) Free ETB 0.50 per 100 birr transaction
Transfer of funds from one account to Telebirr account Free 0.10% of the transaction amount
Transfer of funds from one account to M-Pesa account 0.10% of the transaction amount
Tele Birr / Mpesa agent /Merchant transfer
Service Type Existing charge at the counter Proposed Price
Transfer Using a digital channel Free 0.10% of the transaction amount
Transfer over the counter (agent deposit) from cash or account Free 25 Birr
Third-Party Payment Unicash
Service Type Existing charge at the counter Proposed Price
School Free NA
Utility Free NA
Rent Free NA
Other Free NA
Third-Party Payment Derash
Service Type Existing charge at the counter Proposed Price
Utility Free
Transaction Range Proposed Tariff
1-50 0.5
51-100 1.5
100-500 3.75
501-5,000 6
5,001-100,000 25
100,001-1,000,000 35
Tax Free 130 Birr
Other Free Defined based on the service

IBD Terms and Tariffs

Commission and Charges: Export Service
Description Tariff
All service charges and commissions Free
Swift charges As per carrier cost /per bill/claim
Delivery of Documents / postage carrier As per carrier cost /per bill/claim
Incoming Transfer /Bank to Bank transfer
Description Tariff
Exchange commission payable to NBE Free
Service Charge Free
Repatriation / Re-transfer of Foreign Transfer of Funds deposited to customer account and/or kept under payable account 1% or a minimum of USD 40, whichever is higher
Commission and Charge Against Local Account or Cash
Description Tariff
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)
Import letter of Credit (L/C) 8% or a minimum of USD 250 whichever is higher per period (i.e. 90 days or part thereof)
Purchase order issuance and / or outstanding purchase 8% or a minimum of USD 250 whichever is higher per period (i.e. 90 days or part thereof)
Extension commission if additional period is involved for LCs, PO and EFT/TT 8% or a minimum of USD 250 whichever is higher per period (i.e. 90 days or part thereof)
Excess Drawings (increase of amount of FOB Value or Freight) 8% or a minimum of USD 250 whichever is higher per period (i.e. 90 days or part thereof)
Settlement of Expired L/Cs and IBCs shipped after its validity date 8% or a minimum of USD 250 whichever is higher per period (i.e. 90 days or part thereof)
Exchange commission against local account or Cash 2.50%
Confirmation commission for LCs 5.5% and Min. USD 250
Service charge for LCs opened at margin against local account 5.5%
Commission and Service Charge on: NR-FCY and Retention
Description Tariff
Outgoing Transfer 5.9% or a minimum of USD 250 per period (i.e., 90 days or part thereof)
Import Letter of Credit (L/C) 5.9% or a minimum of USD 250 per period (i.e., 90 days or part thereof)
Purchase Order Issuance / Outstanding Purchase 5.9% or a minimum of USD 250 per period (i.e., 90 days or part thereof)
Extension Commission for Additional Periods (LCs/POs) 8% or a minimum of USD 250 per period (i.e., 90 days or part thereof)
Excess Drawings (FOB Value/Freight Increase) 5.9% or a minimum of USD 250 per period (i.e., 90 days or part thereof)
Settlement of Expired L/Cs and IBCs (Post-Validity Date) 5.9% or a minimum of USD 250 per period (i.e., 90 days or part thereof)
Confirmation Commission for LCs 4% (Min. USD 250)
Exchange Commission (NR and Retention Account) Free

IBD Terms and Tariffs

Commission and Charges on: Freight Charge collection to Ethiopian Shipping and Logistics Enterprises
Description Tariff
Freight payment made in foreign currency or invoices presented in foreign currency 8% or a minimum of USD 250, whichever is higher
Exchange commission payable to NBE 2.50%
Other Charges/Fees
Description Tariff
Amendment charge on LCs/POs for charge of quantity/Price/ supplier, any other amendment as the case may be USD 250 per request
SWIFT charges USD 80 per page
Delivery of Documents / postage carrier As per carrier cost/per bill
Cancellation of LCs and POs USD 250
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
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
Partial shipment 1st and 2nd free, however 3rd and above partial shipment  3% of document value or minimum of USD 250 whichever is higher
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
Service charge on sale of foreign currency cash notes 8%
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
Service charge on: Foreign Letter of guarantee
Description Tariff
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
Extension of guarantee if additional period is involved 0.75% or minimum of USD 200 for 90 Days or part thereof whichever is higher
Outgoing foreign bank guarantee at the request of local customer and NBE approval 0.75% or minimum of USD 200 for 90 Days or part thereof whichever is higher
Incoming foreign bank guarantee issued by correspondent banks passed by us with our authentication only USD 100 Per case
Other
Description Tariff
Permit split more than two times for advance payment 3% or a minimum of USD 250 whichever is higher
Import LC and CAD document examination fee USD 250
Suppliers’ Credit Handling Fee 1% of the invoice value Min USD 200 (for all customers), collected upon issuance of LC & approval of PO
Custody Charges of all Documents USD 250 flat per month for documents held in the bank’s custody beyond 30 days
Document present direct by supplier 2.50% of document value, minimum USD 250
Photocopy Charge Birr 500

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