Tarrifs

Mobile Banking Service Terms and Tariff

Fund transfer tariff

Service Type

Transfer Amount

Tariff (Birr)

Transfer to other Awash bank Account

Up to 10,000

 1

10,001 – 50,000

3

50,001 – 100,000

5

Above 100,000

15

Transfer to partners (telebirr, M-Pesa, Rays and others)

Up to 5,000

2

5,001 – 15,000

5

Above 15,000

10

Transfer to other Bank

EthSwitch Pricing + 0.2% of the principal amount

Transfer to own account

Free

LMTS (ATM Cash Out)

0.35%

Payments tariff

Payment Type

Tariff (ETB)

Merchant Payment

Free

School fee payment

Free

Traffic Penalty payment

AwashBIRR: 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 Name

Payment via

Tariff (ETB)

Ethiopian Airlines

AwashBIRR

0.5% and Max. of 25 ETB

At branch

30 ETB

Other payments

Service Type

Tariff (ETB)

Re issuance PIN

Free

Exchange Rate inquiry

Free

Balance inquiry

Free

Mini Statement

Free

Full Statement

Free

Annual Subscription Fee

25

Any new bill & Utility Payment

Negotiable

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 – 1000,000

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 Cancelation 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 – On Us

Per EthSwitch pricing

Balance inquiry – On Us

0.5/request

Mini-statement – On Us

Per EthSwitch 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 Type

Transaction Amount (ETB)

Tariff (Birr)

 

Cash In

>25

 Free

 

 

 

Cash Out (From Wallet, Card and Core Banking account)

25 – 100

3

101 – 500

4.5

501 – 1,000

6

1,001 – 3,000

8

3,001 – 6,000

10

6,001 – 8,000

11

8,001 – 10,000

12

10,001 – 15,000

15

15,001 – 20,000

18

>20,000

20

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

Type

Range (ETB)

Tariff (ETB)

From Account

Frat rate

100

From non-account holder

Up to 100,000

300

100,001 – 500,000

500

>500,000

750

Up on Replacement of Bankers Cheque

Type

Service Charge (ETB)

From Account

200

From non-account holder

400

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 Leaves

Service Charge (ETB)

10

25

75

50

170

100

300

Standard Cheque Books Issued by NBE

Number of Leaves

Service Charge (ETB)

25

50

50

100

100

200

Deposit Accounts

Savings Passbook

Service type

Service Charge (ETB) per passbook

Passbook Issuance upon opening

Free

Lost/Damaged Passbook Replacement

100

Closure of Saving Account within 6 months from date of opening

100

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/ six months for balance less than Birr 1,000

Orders

Service type

Service Charge

Standing Instruction (S/A, C/A, TD, FCY, O/D, etc.)

Birr 25 per transaction

Balance Order Instruction

Birr 100 per transaction

Stop Payment Order

Birr 300 per Cheque (Single Cheque Issued)

Birr 300 (flat) + Birr 10 per Cheque leaf

Sundries Services

Sundries Services

Service type

Service Charge (ETB)

Salary payment

 3/Account*

Provident fund handling

Free

Authentication fee at Documents and Authentication and Registration Office and Courts (In Person).

250 + 3rd Party charge

Online Authentication

50 / Authentication

Customer Door to Door Service to open Account

Free

Customer Door to Door Service to pay and collect Cash (with in the same town)

As per the agreement

Change of Signature

25 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

Service type

Service Charge (ETB)

(S/A, C/A, TD, FCY, O/D, Loan Accounts etc)

200 (Flat)

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 type

Service Fee (ETB)

Local

Service Charge

200 (Flat)

Registered mail

As per the postal service

International

Service Charge

200 (Flat)

Courier Charge

As per courier cost

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 Type

Service Charge Per Annum (ETB)

Small

4,000

Medium

6,000

Large

7,000

Extra Large

8,000

NB: Penalty for failing to renew contract (pay annual rent): 100% of the annual rent in arrears. But 150% of the annual rent in arrears if the payment is above maturity period of the contract.

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 party.

Share transfer fee (to be collected from the transferor and the transferee)

1.25% from each party of gross proceed, 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 the replacement is caused by error (s) committed by the bank

500 per each share certificate, if replacement is not caused by error (s) committed by the Bank.

Blocking of AB’s share to be held as collateral with other entities

1,500 (For below Birr 1,000,000)

2,500 (For above Birr 1,000,000)

Unblocking of AB’s share held as collateral with other entities

1000

Share balance confirmation letter issuance-Staff

Free

Share balance confirmation letter issuance-Non-Staff

200

Trade Service Terms and Tarriffs

IFB Financing processing and handling fees and terms

1.1. Collateral substitution fee per collateral 
1.2. Collateral release fee per collateral
1.3. Any amendments related to collateral per amendment
1.4. Allowing registration of collaterals on  Second degree by other bank’s (per each collateral)
1.5 Appeal on collateral estimation

Movable collateral management fee

2.1. Motor vehicles, construction machinery and equipments
2.3. Factory machinery
2.4.Movable collateral: registration initial notice/registration per collateral (Max 10Yrs)
2.5. Movable collateral:  extending initial notice/registration per collateral 
2.6. Movable collateral: search with signed certificate per collateral (Up on customer requerest)
2.7. Movable collateral: search with-out signed certificate per collateral (Up on customer request)
2.8. Movable collateral: Full and Partial cancellation of registration per collateral 

Financing processing fees1

3.1.  For new Financing facility approval
3.2. For renewal of the existing any facility within the due date time
3.3. Renewal of Limit facilities due but less one month from expiry date
3.4. Renewal of Limit facilities due but greater than one month from expiry date
3.5. Short term overdrwal for a month
3.6. Confirmation fees for guarantees issued
3.7. Qard/Preshipment facility conversion to Murabaha Financing fee per Financing account
3.8. Fees for issuance of any letter of undertaking/commitment in respect of Financing approved, , balance disclosure and any other letters relating to Financing.
3.9.Financing approved based on CCR

Renegotiation of Financing facility Charges

4.1. Wavier of repayment per waiver of installment
4.3. Amendment of Repayment
4.4. Transfer of Financing File (Excluding staff)
4.5. Guarantee extension/ amendment fee
4.6. Financing approval confirmation fee (excluding Guarantee)
4.7. Late payment over 30 days

Grace period fee

5.1. Additional grace period on project Financing
5.2. Waiver of Profit payment on project term loans during the grace period (See Note 3)
5.3.Financing re-approval fee
5.4. Cancellation/suspension of foreclosure decision
5.5. Appeal processing fee
5.6. Insurance Premium Payment Charge2

Merchandise Financing Handling Charge3

6.1.  Each time a merchandise is pledged/released
6.2. Credit/Financing Information Inquiry/ per enquiry

Proposed charges and fees related to credit processing and handling to be covered by borrowers

1.1. Collateral substitution fee per collateral 
1.2. Collateral release fee per collateral
1.3. Any amendments related to collateral per amendment
1.4. Allowing registration of collaterals on  Second degree by other bank’s (per each collateral)
1.5 Appeal on collateral estimation

Movable collateral management fee

2.1. Motor vehicles, construction machinery and equipments
2.3. Factory machinery
2.4.Movable collateral: registation initial notice/registration per collateral (Max 10Yrs)
2.5. Movable collateral:  extending initial notice/registration per collateral 
2.6. Movable collateral: search with signed certificate per collateral (Up on customer requerest)
2.7. Movable collateral: search with-out signed certificate per collateral (Up on customer request)
2.8. Movable collateral: Full and Partial cancellation of registration per collateral 

Credit processing fees1

3.1.  For new credit facility approval
3.2. For renewal of the existing any facility within the due date time
3.3. Renewal of Limit facilities due but less one month from expiry date
3.4. Renewal of Limit facilities due but greater than one month from expiry date
3.5. Short term overdrwal for a month
3.6. Temporary term loans ,OD and other advances extension fee (First Time) except guarantee
3.7. Temporary term loans ,OD and other advances extension fee (Second Time) except guarantee
3.8. Temporary term loans ,OD and other advances extension fee (Third Time and then
after as per NBE Directive) except guarantee
3.9. Temporary term loans ,OD and other advances extension fee due over one month
from expiry date
3.10. Revolving Merchandise Loan not showing Zero balalnce and/or its annual turnover below two within a year during the review period
3.11. Confirmation fees for guarantees issued
3.12. Preshipment facility conversion to term loan fee per loan account
3.13. Fees for issuance of any letter of undertaking/commitment in respect of loans approved, , balalnce disclosure and any other letters relating to loans and advances.
3.15.loan approved based on CCR

Renegotiation of credit facility Charges

4.1. Wavier of repayment per waiver of installment
4.2. Rescheduling per loan account
4.3. Amendment of Repayment
4.4. Transfer of Loan File (Excluding staff)
4.5. Guarantee extension/ amendment fee
4.6. Guarantee conversion to a term loan
4.7. Credit approval confirmation fee (excluding Guarantee)
4.8. Late payment (over 30 days, but less than 90 days)
4.9 OD and Merchandise facility converted to term loan 

Grace period fee

5.1. Additional grace period on project loans
5.2. Waiver of Interest payment on project term loans during the grace period (See Note 3)
5.3. Loan re-approval fee
5.4. Cancellation/suspension of foreclosure decision
5.5. Appeal processing fee
5.6. Insurance Premium Payment Charge2

Merchandise Loan Handling Charge3

6.1.  Each time a merchandise is pledged/released
6.3. Credit Information Inquiry/ per enquiry

Open a Bank Account Online Today

Need more help?

8980
251 115-57-12-54
251 115-57-13-24
Call us, we’re available daily 9AM to 11PM

Already a customer?

You can find branches near you here or contact us for information here

Try Our App

A full features banking mobile app for bussiness & personal use.

Feb 23, 2024 EXCHANGE Rate
Currency Buying Selling
USD
56.4049 57.5330
GBP
68.2383 69.6031
EUR
61.1768 62.4003
AED
13.8955 14.1734
SAR
13.6106 13.8828
CHF
61.3097 62.5358

Exchange Rate
Close