Bunna Bank

Tarrifs

Mobile Banking Service Terms and Tariff

Fund transfer tariff
Service TypeTransfer AmountTariff (Birr)
Transfer to other Bunna bank AccountUp to 10,0001
10,001 – 50,0003
50,001 – 100,0005
Above 100,00015
Transfer to partners (telebirr, M-Pesa, Rays and others)Up to 5,0002
5,001 – 15,0005
Above 15,00010
Transfer to other BankEthSwitch Pricing + 0.2% of the principal amount 
Transfer to own accountFree 
LMTS (ATM Cash Out)0.35% 
Payments tariff
Payment Type Tariff (ETB)
Merchant Payment Free
School fee payment Free
Traffic Penalty payment AbolMbanking: 3
At branch: 5
Bill payment tariff
Partners Name Payment via Tariff (ETB)
DSTV Payment AwashBIRR 2
At branch 5
CANAL+ AwashBIRR 2
At branch 5
Ethio telecom AwashBIRR 2
At branch 5
Safaricom AwashBIRR 2
At branch 5
Electricity (EEU) Free
Ticket
Partners NamePayment viaTariff (ETB)
Ethiopian AirlinesBunnaBIRR0.5% and Max. of 25 ETB
 At branch30 ETB
Other payments
Service TypeTariff (ETB)
Re issuance PINFree
Exchange Rate inquiryFree
Balance inquiryFree
Mini StatementFree
Full StatementFree
Annual Subscription Fee25
Any new bill & Utility PaymentNegotiable
DerashFree
UnicashFree
WebirrFree

Internet Banking Service Terms and Tariff

Internet Banking Service Terms and Tariff
Service Type Tariff (ETB)
(LMTS) ATM Cash Out 0.35%
Transfer to own account Free
Transfer to other Awash bank account Free
Cheque book request Free
Subscription fee Free
Account overview and statement Free
View currency exchange rate Free
Fund Transfer to other Bank
Transfer Amount (ETB) Charge per 100 ETB transfer
Up to 5,000 0.60
5,001 – 25,000 0.44
25,001 – 100,000 0.36
100,001 – 1,000,000 0.28
Above 1,000,000 Birr 0.24

Card Issuance, Transaction and Management Fee

Different services
Service Type Tariff (ETB)
Issuance of debit card 50
Re-issuance of PIN 15
Debit Card Renewal Free
Debit Card Replacement (Lost or Stolen) 100
ATM Card Cancellation or blocking Free
Additional Account Link Free
Pre-Paid account issuance 50
Credit Card Issuance 150
Credit Card Replacement 200
Cash withdrawal – On Us 0.35%
Balance inquiry – On Us Free
Mini-statement – On Us Free
Cash withdrawal Remote – On Us Per EthSwitch pricing
Balance inquiry Remote – On Us 0.5 cents/request
Mini-statement Remote – On Us Per Ethioswitch pricing
PIN Change Free
POS Cash Advance Free
POS Merchant Transaction – On Us Free
POS Merchant Transaction – Off Us Free

Agent Banking Fees

Cash-In/Cash-Out
Service TypeTransaction Amount (ETB)Tariff (Birr)
Cash In>25Free
Cash Out (From Wallet, Card and Core Banking account)25 – 1003
101 – 5004.5
501 – 1,0006
1,001 – 3,0008
3,001 – 6,00010
6,001 – 8,00011
8,001 – 10,00012
10,001 – 15,00015
15,001 – 20,00018
>20,00020
Bill Payment
Service Type Transaction Amount (ETB) Tariff (Birr)
(All Bill payment types including school fee) 25 and above Free
Fund Transfer
Service Type Transaction Amount (ETB) Tariff (Birr)
Between Awash bank Accounts 25 – 10,000 5
Transfer to Unregistered Customer 5 – 500 5
Local remittance
Service Type Transaction Amount (ETB) Tariff (Birr)
Pay local remittance 25 – 100 Free
Other services
Service Type Tariff (Birr)
Account opening Free
Sale Airtime Free
Customer Balance Enquiry 1
Customer Mini Statement 1

Local Money transfer

Inter-branch and Inter-Bank Transaction
Type Transfer Amount (ETB) Tariff (ETB)
Account to Account Transfer (Inter Branch) 1 – 10,000 5
10,001 – 100,000 10
> 100,000 15
Transfer from Customer’s Account to other banks account (RTGS) for CPO, Cheque, Letter. Flat Rate 100
Incoming Special clearance Flat Rate 50
OBC Flat Rate 20
Transfer of tax collected on behalf of the government to NBE account Flat Rate 100

Bankers Cheque (CPO)

Up on issuance
TypeRange (ETB)Tariff (ETB)
From AccountFlat rate100
From Non-Account HolderUp to 100,000300
100,001 – 500,000500
>500,000750
Up on Replacement of Bankers Cheque
TypeService Charge (ETB)
From Account200
From Non-Account Holder400
Up on Bankers Cheque Cancellation/voiding
Type Service Charge (ETB)
From Account 100
From Non-Account Holder 200
Up on lost bankers Cheque
Type Service Charge (ETB)
From Account 200
From Non-Account Holder 250
Cheque Books Issued by Branches
Number of LeavesService Charge (ETB)
10–
2575
50170
100300
Standard Cheque Books Issued by NBE
Number of Leaves Service Charge (ETB)
25 50
50 100
100 200

Deposit Accounts

Savings Passbook
Service TypeService Charge (ETB) per Passbook
Passbook Issuance upon OpeningFree
Lost/Damaged Passbook Replacement100
Closure of Saving Account within 6 months from Date of Opening100

Saving & Checking Account

Saving and Checking Account
Service Type Service Charge (ETB)
Saving and Checking Account Freeze (Court case) in favor of plaintiff (beneficiary) 100 (Flat)
Release (Payment to 3rd party by court) 100 per beneficiary
Inactive/Dormant A/C service charge
Service Type Service Charge
S/A balance below Birr 50 for one year Birr 25 per six months
C/A balance below Birr 500 for six months Birr 250 per six months for balance less than Birr 1,000
Orders
Service TypeService Charge
Standing Instruction (S/A, C/A, TD, FCY, O/D, etc.)Birr 25 per transaction
Balance Order InstructionBirr 100 per transaction
Stop Payment Order (Single Cheque Issued)Birr 300 per Cheque (Single Cheque Issued)
Stop Payment Order (Multiple Cheques Issued)Birr 300 (flat) + Birr 10 per Cheque leaf

Sundries Services

Sundries Services
Service TypeService Charge (ETB)
Salary Payment3/Account*
Provident Fund HandlingFree
Authentication Fee at Documents and Authentication and Registration Office and Courts (In Person)250 + 3rd Party charge
Online Authentication50 / Authentication
Customer Door to Door Service to Open AccountFree
Customer Door to Door Service to Pay and Collect Cash (within the same town)As per the agreement
Change of Signature25 per account

* However, branch managers are authorized to waive the charge in view of the customer’s relationship with the bank.

Other Services

Insufficient Fund
Service Type Action and Service Charge
First Time Mark in the register book and communicate written warning
Second Time Penalize 3% of Cheque value (not exceeding Birr 25,000) + 2nd written warning
Third Time 5% of Cheque amount not exceeding Birr 50,000, close the account & communicate to the office of Chief Retail & SME Banking, Internal Audit Directorate and same to customer/s
Duplicate Account Statement on Request (S/A, C/A, TD, FCY, O/D, Loan Accounts etc)
Service Type Service Charge
Current Month Birr 25 per page + Birr 5 for every additional copy page
Historical Birr 50 per page + Birr 5 for every additional copy page
Balance Confirmation to External Auditors

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<th style=”border: 1px solid #ddd; padding: 8px;”>Service Type</th>
<th style=”border: 1px solid #ddd; padding: 8px;”>Service Charge (ETB)</th>
</tr>
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<tbody>
<tr>
<td style=”border: 1px solid #ddd; padding: 8px;”>(S/A, C/A, TD, FCY, O/D, Loan Accounts etc)</td>
<td style=”border: 1px solid #ddd; padding: 8px;”>200 (Flat)</td>
</tr>
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</table>

Duplicate Account Statement on Request (S/A, C/A, TD, FCY, O/D, Loan Accounts etc)
Service Type Service Charge
Current Year Birr 25 per advice or page
Over a Year Birr 50 per advice or page
Balance Availability Notification (S/A, C/A, TD, FCY, O/D, Loan Accounts etc)
Service TypeService Fee (ETB)
LocalService Charge
200 (Flat)
Registered MailAs per the postal service
Service Charge
InternationalService Charge
200 (Flat)
Courier ChargeAs per courier cost
Service Charge
Interest on Saving Deposit
As per the existing NBE rate
Time Deposit

Negotiation

Issuance of Letter on credit status
Birr 200

Safe Box Rent

Safe Box Rent
Box TypeService Charge Per Annum (ETB)
Small4,000 ETB
Medium6,000 ETB
Large7,000 ETB
Extra Large8,000 ETB

Share and Related Issues

Service Type Service Charge (ETB)
Share Certificate Issuance when transfer of shares from one shareholder to another shareholder or to several other shareholders 200 per each share certificate from both parties.
Share transfer fee (to be collected from the transferor and the transferee) 1.25% from each party of gross proceeds, minimum Birr 500.
Splitting/consolidating share certificate/s in the name of the same shareholder 500 per each share certificate
Replacement of share certificates No charge if replacement is due to bank error.
Replacement of share certificates 500 per each share certificate otherwise.
Blocking of AB’s share to be held as collateral with other entities 1,500 (For below Birr 1,000,000)
Blocking of AB’s share to be held as collateral with other entities 2,500 (For above Birr 1,000,000)
Unblocking of AB’s share held as collateral with other entities 1,000
Share balance confirmation letter issuance-Staff Free
Share balance confirmation letter issuance-Non-Staff 200

Trade Service Terms and Tarriffs

Trade Service Terms and Tarriffs
IFB Financing processing and handling fees and terms
IFB Financing processing and handling fees and terms

Charges and Fees related to credit processing and handling to be covered by borrowers

DescriptionFees and ChargeRules of Application
Collateral substitution fee per collateral5,000.00Upon substituting of the collateral
Collateral release fee per collateral5,000.00Upon release of the collateral
Any amendments related to collateral per amendment3,500.00Upon amendment of the collateral
Allowing registration of collaterals on Second degree by other bank’s (per each collateral)15,000.00Upon credit committee approval
Appeal on collateral estimation excluding employees of NGO and Public and Government Institutions3,500.00Before effecting the re-estimation or revaluation
Movable collateral management fee
DescriptionFees and ChargeRules of Application
Motor vehicles, construction machinery and equipment’s1,000/bookletUpon new credit request approval
Factory machinery5,000/plantUpon new credit request approval
Movable collateral: registration initial notice/registration per collateral (Max 10Yrs)500Upon receiving registration request on the NBE system
Movable collateral: notice/registration per collateral extending initial200Upon receiving registration request on the NBE system
Movable collateral: search with signed certificate per collateral (Up on customer requires)200Upon collateral search request
Movable collateral: search with-out signed certificate per collateral (Up on customer request)100Upon collateral search request
Movable collateral: Full and Partial cancellation of registration per collateral200Upon collateral search request
Credit processing fees
DescriptionFees and ChargeRules of Application
For new credit facility approval0.25%Upon loan disbursement
For renewal of existing limit facility within the due date time0.035% of the limitUpon renewal
Renewal of limit facilities due but less than one month from expiry date0.035% (minimum Birr 5,000)Upon renewal
Renewal of Limit facilities due but greater than one month from expiry date0.05% (minimum Birr 5,000)Upon renewal
Short term overdrawal0.025% (minimum Birr 10,000)Upon allowing the overdrawal. The charge shall be calculated on the overdrawn amount.
Temporary term loans, OD and other advances extension fee (First Time) except guarantee0.1% (minimum Birr 20,000)Before setting the limit on the Core Banking System.
Temporary term loans, OD and other advances extension fee (Second Time) except guarantee0.2% (minimum Birr 50,000)Before setting the limit on the Core Banking System.
Temporary term loans, OD and other advances extension fee (Third Time and then after as per NBE Directive) except guarantee0.3% (minimum Birr 100,000)Before setting the limit on the Core Banking System.
Temporary term loans, OD and other advances extension fee from expiry date due over one month20,000.00Before setting the limit on the Core Banking System.
Revolving Merchandise Loan not showing Zero balance and/or its annual turnover below two within a year during the review period20,000.00Before setting the limit on the Core Banking System.
Confirmation fees for guarantees issued500Upon confirming the request
Preshipment facility conversion to term loan fee per loan account0.25% (Minimum Birr 10,000)Before converting the facility on the Core Banking System
Fees for issuance of any letter of undertaking/commitment in respect of loans approved, balance disclosure and any other letters relating to loans and advances500Upon issuance of the letter
Loan approved based on CCR2000Upon loan disbursement
Renegotiation of credit facility Charges
DescriptionFees and ChargeRules of Application
Wavier of repayment per waiver of installment0.1% of the installment amount (minimum 2,500)Before implementing the credit decision
Rescheduling per loan account0.05% of the outstanding balance (minimum Birr 2,500)Before implementing the credit decision
Amendment of Repayment3,000.00Before implementing the credit decision
Transfer of Loan File (Excluding staff)3,000.00Before implementing the credit decision
Guarantee extension/ amendment fee2,000.00The charge shall be collected in addition to the guarantee extension commission upon extension
Guarantee conversion to a term loan0.25% of the amount to be converted (minimum Birr 5,000)Before implementing the credit decision
Credit approval confirmation fee (excluding Guarantee)10,000.00Upon disbursement
Late payment (over 30 days, but less than 90 days)2% per month on the installment amount (minimum Birr 1,000)To be collected together with repayment
OD and Merchandise facility converted to term loan0.25% of the amount to be converted (minimum 10,000)Before converting the facility on the Core Banking System.
Grace period fee
Description Fees and Charge Rules of Application
Additional grace period on project loans 0.05% of the approved loan (minimum Birr 25,000) Before implementing the credit decision
Waiver of Interest payment on project term loans during the grace period (See Note 3) 3% commission income to be collected on quarterly basis on the accumulated accrued interest during the grace period and any interest amount kept under MIΑΑ until unpaid interest amount is fully settled Applied every quarter
Loan re-approval fee 10,000.00 Before loan disbursement
Cancellation/suspension of foreclosure decision 0.01% of the total outstanding balance of NPL accounts at the time of foreclosure decision (Minimum 5,000) Immediately after the decision passed
Appeal processing fee 2,500.00 Before processing the request
Insurance Premium Payment Charge 10.5% of the insurance premium (minimum Birr 3,000) As soon as sufficient balance is found on the borrower account
Merchandise Loan Handling Charge
DescriptionFees and ChargeRules of Application
Each time a merchandise is pledged/released.Upon release or pledge of merchandise stock.Upon release or pledge of merchandise stock.
Credit Information Inquiry/per enquiry5,000.00 Birr 500 if the requested loan amount ≤ 100,000, Birr 1,500 if < 1,000,000 and Birr 2,500 if more than Birr 1,000,000 as per inter office memo of Chief Credit Operation datedBefore inquiring credit information.

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