Tariff Esubalew D June 14, 2024

Ahadu Bank
Terms & Tariff's

Service Type

Tariffs (ETB)

New regular card and pin issuance  with account balance >=500 birr

50 Birr

New regular card and pin issuance  with account balance <500 birr

100 birr

New Corporate card and pin issuance

250 birr

Pin re issue

15 birr

Card re issue

15 birr

Card re issue

100 birr

Cash withdrawal

0.5 % withdrawal amount

Balance inquiry

0.5 birr per request

Min Statement

1 birr per request

Additional account link

10 birr

Supplementary card issuance

40 birr

Dormancy fee for not using the card (Inactive ATM card)

0.02% of the balance or Br 5

whichever is greater

Pin  change

Free

Card Blocking fee

Free

Services Type

 Tariffs (ETB)

Registration

Free

Transfer to other bank from 1 birr up to birr 5,000

0.4% of the transfer amount

Transfer to other bank from 5,001 birr up to 20,000

0.24% of the transfer amount

Transfer to telebirr wallet from birr 1 up to birr 12, 500

0.2% of the transfer amount

Transfer to telebirr wallet from birr 12,500 up to birr 75,000

25 birr

Within bank Transfer

Free

Own account transfer

Free

Unlocked USSD & IBMB user

Free

Change USSD & IBMB password

Free

View & download statement

Free

Airtime top up

Free

School fee

Free

Airline ticket purchase

Free

Transfer to kacha wallet

Free

Service Type

Tariffs ( ETB)

Retail Banking 

Account Opening

Minimum S/A opening balance

25

Minimum S/A opening balance

250

Service  charge on saving passbook

Passbook issuance

Free

Replacement of lost passbook

100

Replacement of damaged passbook

100

Replacement of fully utilized passbook

Free

Inactive account /dormant account/early closure charge

S/A below minimum balance(every six month

Free

S/A below minimum balance(every six month

S/A below minimum balance(every six month

50

S/A closed before six months of opening

100

S/A closed before six months of opening

100

Account Balance conformation letter

Requested by account holder

To local institute/organization

100

To abroad institute/organization /embassies

100

Requested by external organ/auditor

200

Statement/advice/other document coy issuance

1st time/monthly

Free

Interim statement

10/Page

Interim statement to embassies

20/Page

S/A statement

10/Page

Duplicate

Current period (within a year)

20/Page

Non-current period(after a year)

50/Page

Email/Fax

10/Page

Service Type

Tariffs ( ETB)

Standing instruction set up

50

Standing instruction execution

100

Check book cost

10 leaves

35

25 leaves

75

50 leaves

95

100 leaves

185

CPO

Issuance

50

Lost CPO replacement

200

CPO cancellation

300

Refunding of lost CPO

Local money transfer(LMTS)

Commission

Birr 3 upto 3.000.00

Service charge

Transfer

30

Amendment

15

Re transfer

15

Disregard

Transfer from staff member account (commission & service charge)

Insufficient fund cheque returned (NSF)

1st instance

1st reminder

2nd instance

3% max 25,000

3rd instance

5% max 50,000

Other service charges

Cheque special clearance

100

Cheque stop payment

150

RTGS

100

Customer signature change

50

Account block/freeze request by account holder

50

Account block/freeze order by court or other gov’t body

100

Power of attorney and court decision authentication charge

50

Loan status confirmation letter

200

Extra copy of letter per page

15/page

Account /share balance / amount verification (deceased or other case)

100

Salary payment

free

Share sale service charge(other org)

2% of the value of share

Transfer of tax collected on behalf of gov’t to NBE account

100

Service Type 

Collateral Type

Interest rate and duration

Up to1 year

2-5 Years

Above 5 Years

Working capital term loan  (any Sector)

Working capital term loan  (any Sector)

18%

19.5%

20%

Against vehicle and machinery

19%

20.5%

21%

Clean base & PG

21%

Project Term Loan (any Sector)

Against building, share certificate and other bank guarantee, cash substitute

18%

19.75%

20.5%

Against vehicle and machinery

19%

20%

21%

Clean base & PG

21%

21%

21%

Term Loan for Purchase of Vehicle and Machineries

Against building, share certificate and bank guarantee, cash substitute

19.75%

21%

Against vehicle and machinery

20.5%

21.5%

Export  Term Loan

Against building, share certificate and bank guarantee, cash substitute

18%

19%

Pre shipment rate might be applicable based on their export performance.

Against vehicle and machinery

19%

20%

Clean base & PG

21%

Micro Finance Institutions, SACCO and Micro Enterprise

Against all acceptable collateral

15.5%

Loan amount to be granted

Currency of Equity Contribution & Repayment/Interest Rate2

Both in FCY

Equity in FCY

Repayment in FCY

Both in Birr

≥ 50% of the house value

10.00%

13.75%

13.50%

20%

<50% of the house value

9.50%

13.00%

13.75%

19.00%

Vehicle Loans

Loan amount to be granted

Currency of Equity Contribution & Repayment/Interest Rate

Both in FCY

Equity in FCY

Repayment in FCY

Both in Birr

≥ 50% of the vehicle

10.00%

13.75%

13.50%

20%

<50% of the vehicle

9.50%

13%

13.75%

19.00%

Revolving Credit Facilities

Type of Product

Interest Rate/Collateral

Clean

Against Acceptable Collateral not less than 100% coverage.

Overdraft- export

21.00%

19.00%

Overdraft- non export

21.00%

19.00%

Temporary OD

21.00%

19.00%

Overdrawal

21.00%

19.00%

Pre-shipment

Pre shipment against registered LC /sales contract/

13.50%

Pre shipment (fully secured by acceptable collateral)

12.50%

Merchandise Loan

Merchandise (against the pledge of non-export items)

18.00%

Merchandise (against the pledge of export items)

17.00%

Merchandise against goods in transit

20.00%

Merchandise against ware house receipt

18.00%

Advance

Advance against export bills

12.50%

Advance against import bills (90 days)

21.00%

Advance against import bill above 90 days

21%+ 3% DEFAULT RATE

LC margin facility charge

2.5% up on opening/utilization

Deferred lc and cad

8%/Q

5%/Q

Import letter of Credit Settlement Loan-Short Term (For six months)

21.00%

Against pledge of the imported goods or any acceptable collateral

Commission on Letter of Guarantee/Quarter(90days)

Collateral Type

Collateral
 coverage

Commission rate based on the type of guarantees

Bid Bond

suppliers guarantee

Advance payment &, Customs bond

Liquidation Damage/
Performance Bond, Retention, Steamers, others

CASH Deposited at AHB

>=100%

0.25%

0.25%

0.25%

0.25%

>75%<100%

0.75%

1.25%

1.00%

0.75%

>50% ≤ 75%

>50% ≤ 75%

1.50%

1.25%

1.00%

BUILDING and Cash Substitute

>=100%

0.75%

1.15%

1.00%

>75%<100%

1.00%

1.60%

1.35%

1.25%

>50% ≤ 75%

1.25%

2.00%

1.75%

1.50%

Machinery
 & vehicles

>=100%

1.00%

1.75%

1.50%

1.25%

>75%<100%

1.25%

2.00%

1.75%

1.50%

>50% ≤ 75%

1.50%

2.25%

2.00%

1.75%

Clean/personal guarantee

<50%

1.75%

2.50%

2.25%

2%

Amount Requested

Tariff (ETB)

Date of Application

<=5,000,000

15,000

Up on Request or
complete File Receiving 

>5,000,000 to <=10,000,000

25,000

>10,000,000 to <= 20,000,000

35,000

>ETB 20Million to <=ETB 40Million

50,000


>ETB 40Million to <= ETB 60 million

75,000

>ETB 60 million to <=ETB 80Million

100,000

>ETB 80Million  

125,000

Commitment fee on loans approved but not partially disbursed

2% on the undisbursed amount

After three months from the date of approval

Approved loan Cancellation fee

ETB 10,000/case

upon cancellation request

Premature payment fee

3%

Before settlement

Penalty on loans under NPL

3%

When the loan is under NPL

Late payment fee on loans in Special mention status

3%

on installment amount being in arrears

Loan reapproval, collateral change and release per collateral, renegotiation, foreclosure suspension fee

ETB 5000/ case 

After approval

Appeal on any Credit Decision

ETB 5,000/ case

Up on request

Credit Information inquiry fee

NBE fee

Before generating CIC report

Movable collateral registration fee

NBE fee + 400 Birr

Before registration on MCR

Loan statement fee

30 Birr/sheet

Up on delivery

Stamp duty

Customs rate

before loan disbursement

Revenue stamp

Customs rate

Before loan disbursement

Type of Service

Type of Charge

Charge Rates for transactions:

From FCY Accounts

From LCY Accounts

Import Letter of Credit:

Issuance of Letter of Credit (L/C)

Opening Commission

1.5% a min of USD 75.00

8% a min of Br5,000

Confirmation Charge for Confirmed L/C for 90 days 

1.5% Min 75.00

3.5% a min of Br5,000

Service Charge for 90 days or part there of Confirmation Charge (if L/C is ‘Confirmed’)

1.5% Min USD 75.00

3% a Min of Br5,000

SWIFT Charge [MT700-Full L/C Instrument]

USD 50/Message

Br 4,000/Message

L/C Amendment

 Extension of Letter of Credit Expiry Date after getting approval

Extension Charge [for 90 days or part thereof]

5% Min USD 75.00

6% a min of Br5,000

Confirmation Charge (if L/C is ‘Confirmed’)

1.5% Min USD 75.00

3.5% a Min of Br5,000

Amendment commission

USD 100.00

Br 5,000.00

Service Charge[for 90 days or part thereof]

SWIFT Charge (to extend the expiry date)

USD 50/Message

Br 4,000/Message

Increase in Amount Excess amount Settlement (Charges on overdrawn amount) after getting approval

Opening Commission(for the increased amount)

1.5% a min of USD 75.00

8% a min of Br5,000

Confirmation Charge (if L/C is ‘Confirmed’)

1.5% Min USD 75.00

3.5% a min of Br5,000

Service Charge[for 90 days or part thereof]

1.5% a min of USD  75.00

3% a min of Br5,000

Amendment commission

USD 50.00

Br 5,000

SWIFT charge( to transfer the amendment)

USD 50/Message

Br 4,000/Message

Other Amendments including decrease in amount

Amendment commission

USD 100.00

Br 5,000

SWIFT charge for amendment

USD 50/Message

Br 4,000/Message

L/C Cancellation (Fully or Partially )

Cancellation Fee

Free

Br 4,000

SWIFT charge

USD 50/Message

Br 4,000/Message

Service Charge on Unpaid Margin for L/C

Service Charge

2.5% on unpaid Margin

Guarantee issued under LC for copy document against 110% invoice value deposit.

Service Charge

Free

0.5% min of Br3000

Settlement of Letter of Credit

When documents are presented in ten days after the  letter of credit has expired , but shipped within its validity date.

Service Charge

Free

Free

Interest on Advance Import Bills

As per the Bank’s Credit Dept  lending rate

When documents are presented more than ten days after the letter of credit has expired, but shipped within its validity date.

Service Charge

Free

When  documents are presented after the letter of credit  has expired , and the date of shipment is after the stipulated latest date of shipment .

Extension Commission [for 90 days or part thereof]

2% Min USD  75.00

6% a min of Br5,000

Confirmation Charge (if L/C is ‘Confirmed’)


1.5% Min USD 75.00

3.5% a Min of Br5,000

When the presented documents are discrepant, discrepancy fee shall be deducted from the transferred document amount.

Discrepancy Fee

USD 75.00

USD 75.00

SWIFT Charge to transfer all payment instruction.

SWIFT charge

USD 50/Message

Br 4000/Message

Exchange Commission payable to NBE

Exchange Commission

Free

2.50%

Type of Service

Type of Charge

Charge Rates for transactions:

From FCY Accounts

From LCY Accounts

Purchase Order (PO) Approval

Service Charge up on Approval [for 90 days or part thereof]

1.5%  Min USD 75.00 

5.5% Min Br 5,000 

If PO is approved at margin/for manufacturing sector/applicable on every quarter /90/ outstanding PO value.

Service Charge

2.5% on unpaid Margin 

Purchase Order Amendment

All types of amendment except for amount amendment.

Amendment commission

USD 15

Br 2,000

Increase in PO amount /after getting foreign currency approval /

Service charge /on increase amount/

3%; 

5.5%;

Decrease purchase order amount.

Any charge

Free

Free

Purchase Order Extension/after getting approval/

Service Charge [for 90 days or part thereof]

3% Min USD 75 

5.50%

Cancellation of PO

Cancellation fee

Free

Free

Settlement of Inward bill
 collection/IBC/or cash against document/CAD/

Inward bill for collection/IBC/ or Cash against document /CAD/ Settlement 

Exchange Commission

Free

2.50%

Service Charge

1.5% Min USD 300.-

5.5% Min Br 5,000

SWIFT Charge /for payment transfer/

USD 50/Message

Br 4,000/Message

Presentation of IBC document is in ten days from the expiry date of purchase order, but shipped within its validity date.

Service charge

Free

Free

Presentation of IBC document is more than ten days later, from the expiry date of purchase order, but shipped within its validity date.

Service charge

1%;min USD 75.00

2% Min 5,000

Presentation of IBC document and shipment date is late after the expiry date of purchase order per each period /90 days/

Service charge

2% Min USD 75.00

5.5% Min. Br 5,000

PO partial utilization penalty

1st Partial

Free

Free

2nd Partial

Free

2.50%

3rd Partial

Free

5.00%

4th Partial

Free

7.50%

5th Partial

Free

10.00%

Type of Service

Type of Charge

Charge Rates for transactions:

From FCY Accounts

From LCY Accounts

Outgoing Transfers (OTT) for Import of Materials

Exchange Commission

Free

2.50%

Service Charge

5% Min USD 75.00

12% Min Br 5,000

SWIFT Charge

USD 50/Message

Br 4,000/Message

SWIFT Enquiry/Investigation Charge

USD 50/Message

Br 4,000/Message

Outgoing Transfers (OTTis) for Invisible Transactions

Exchange Commission

Free

2.50%

Service Charge

5% Min USD 50.00

12% Min Br 5,000

SWIFT Charge

USD 50/Message

Br 4,000/Message

Amendment Fee [up on customer’s request]

USD 50.00

Br 5,000

Cancellation/Replacement of Draft

USD 10

Br 1000.00

SWIFT Enquiry/Investigation Charge

USD 15/page

Br 1000.00/page

Staff members

Exchange Commission

Free

2.5%

Service Charge

Free

Free

Replacement /cancellation 

Free

Free

SWIFT Charge

USD 50/Message

Br 4,000/Message

FCY cash note sales: 

Cash sales for customers

Service charge for the Bank

6%

11%

Cash sales for customers

2%

5%

Cash sales for staff members for personal travel

Free

Free

Freight Collection on behalf of Ethiopian Shipping & Logistics Services Enterprises:

Freight collection to ESL in Foreign Currency

Exchange Commission

Free

2.5%

Service Charge

4% Min USD 75

8% min of Br5,000

Freight collection to ESL in Local Currency

Service Charge

Free

Free

Export Products and Services

Export – L/C

Direct LC advising

Free

Free

Advising charge to receive LC SWIFT message from another Bank.

As per the receiving local Bank tariff

Service charge for advising Export L/C to another local bank.

Free 

Br 4000

Amendment commission

Free

Free

Extension Commission

Free

Free

Cancellation commission

Free

Free

Negotiation of LC Documents

Courier Charge/Postage Charge

As per the courier company term and tariff

As per the courier company term and tariff

Export – CAD

Export – Advance Payment

All commission and charges

Free

Free

Export – Consignment

All commission and charges

Free

Free

Incoming Transfers (ITTs):

All commission and charges

Free

Free

Debit authorization for wrong transfers before being credited to Beneficiary’s account

Processing Fee/Service charge

USD 50.00

USD 50.00

Return/Repatriation of wrong transfer after realization of the transfer [after funds are credited to Beneficiary’s account]

Processing Fee/Service charge

USD 50.00

USD 50.00

Small Items Export

small export items permit issued for:- for souvenirs, household goods, gift , repair, replacement

Processing Fee/Service charge

1% Min USD 75.00

2% Min of Br3000

small export items permit issued for sample of export items, exhibition and trade fair

Processing Fee/Service charge

Free

Free

Type of Service

From FCY Accounts

From LCY Accounts

SWIFT messages (other than those mentioned under the above section

Br 4,000 

Br 4,000 Br 2000

Discrepancy charge for export transactions

Actual amount requested by the correspondent bank

Photo Copy [for active transactions)

Br.1000

Custody Fee for unpaid Import Documents held in Custody after 30 days

Free

Free

Custody Fee for unpaid Import Documents held in Custody after 30 days

USD 50.00/Month

Br 4,000/one month

Document Copy Request [from file]

Current Period(Within a year )

Br 20.00/Page

Non-Current Period (after a year)

Br 50.00/Page

Correspondent Bank Charge [incurred in the course of handling customer transactions]

Actual amount requested by the correspondent bank

Foreign exchange request registration fee-payable to NBE

Free

Br 100/registration

FCY Account Statement Delivery by SWIFT

USD100/month

Confirmation Letter to various government offices

USD 10/letter

Br 500/letter

Cheque issuance

FCY Account

NR/NT Account

USD 1/25 leaves , USD 2/50 leaves,   

USD 3/100 leaves

 Note: I. Exchange Commission shall not be collected for transactions from Foreign Currency Accounts.

Note: II. For import transactions and payments, selling rates shall be applied for determination of fees and settlement amounts in Birr.

Note: III. For export transactions, buying rate shall be applied

Note: IV. During settlement of Import Doc. when the currency is other than USD the bank shall choose the better exchange rate from opening and settlement at the time of settlement.

Note: IV. All charges collected from a customer shall not be refunded once it has been received.