| No. | Type of Collateral | Estimation fee |
|---|---|---|
| 1 | All types of buildings up to 2 floors | Birr 1000 per building |
| 2 | All types of buildings with more than 2 floors but less than to 6 floors | birr 2000 per building plus 250 per floor |
| 3 | All types of buildings with more than 6 floors | birr 3000 per building plus 250 per floor |
| 4 | Any under construction building up to 2 floors | br. 1500 per building |
| 5 | Any under construction building with more than 2 floors but less than to 6 floors | Birr 2500 per building plus 300 per floor |
| 6 | Any under construction building with more than 6 floors | birr 3500 per building plus 300 per floor |
| 7 | Fuel Station | Birr 1000/tanker |
| 8 | Automobiles | Birr 600/automobile |
| 9 | Passenger Vehicles and Trucks | Birr 1000/truck |
| 10 | Industrial Machinery (Large) | birr 1000/machinery |
| 11 | Factory Machinery (Small) | Birr 3000 in group in one factor |
| 12 | Construction Machinery & Equipment | 1000/machinery |
| 13 | Workshop Machinery | birr 1500 in group only in one workshop |
| 14 | Coffee hulling & Washing sites | birr 5000 per site |
| 15 | Flower farm | birr 2000 per green house and Br. 800/block for other buildings |
| 16 | Coffee and other plantation | birr 1000 per hectare but maximum of 0.5% of the loan request |
| Description | Amount of Financing, advances & guarantees Requested in ETB (X) | Charges | |
|---|---|---|---|
| For fresh requests | For Renewals of Existing facilities | ||
| Financing Processing Fee | Up to 2 Million | 3000 | 1,000 |
| 2 Million < X ≤ 7 Million | 5000 | 1,600 | |
| 7 Million < X ≤ 15 Million | 7000 | 2,200 | |
| X > 15 Million | 10,000 | 3,500 | |
| Collateral Substitution Fees per each property | ETB 5,000.00 | ||
| Collateral Withdrawal Fee per each property | ETB 10,000.00 | ||
| Transfer of financing, advance & guarantee File from one branch to another | ETB 50,000.00 | ||
| Allowing registration of collaterals on the second degree by other banks (Per each collateral) | ETB 10,000.00 | ||
| Movable property registry fee (post approval fee) | Birr 100.00 for registration of initial notice and Birr 50 for extending the period of effectiveness of initial notice (i.e. for renewal of existing facilities &/or for restructuring loans) | ||
| Description | Charges |
|---|---|
| Credit Information Fee |
* Birr 1,000.00 per credit report on aggregate financing requests above Birr 100,000.00 and less or equal to Birr 1,000,000.00 |
| * Birr 2,000.00 per credit report on aggregate loan requests above Birr 1 million |
| Tenure | Generated FCY to the Bank compared to financing amount | IFB Profit rate |
|---|---|---|
| UP TO 96 days | 100% & above | Zero % |
| Items | Fees and Charges (including VAT) |
|---|---|
| Issuance of debit Card | 100 |
| International prepaid card issuance | 1000 |
| Annual Subscription Fee | Free |
| Card Replacement Fee -Local (lost, damaged, expired) | 100 |
| Card Replacement Fee (INTERNATIONAL) | 1,000 |
| PIN Replacement Fee (FOR International CARD) | 200 |
| PIN Replacement Fee (FOR ALL LOCAL CARD) | 30 |
| Cancellation Fee (blocking) | Free |
| Debit Card Maintenance Fee (New) | Free |
| Renewal Fee-local | 100 |
| Delivery cost for urgent card request | 500 |
| Additional Account Linking Fee | Free |
| Supplementary Card Issuance Fee | 100 |
| Local card On Us(Staff) | Free |
| Items | Fees and Charges (including VAT) |
|---|---|
| ATM Withdrawal ON US | 0.2875% per 100 Birr (Ethswitch fee) |
| ATM Withdrawal Local Card OFF US | 0.575% per 100 Birr (Ethswitch fee) |
| ATM cash withdrawal using Other Bank International Card | 4.60% (Ethswitch fee) |
| For all card products (remote ONUS cross border) | Free |
| International card OFF US Transactions Local (New) | Free |
| Items | Fees and Charges (including VAT) |
|---|---|
| POS Purchase ON US | Free |
| POS purchase Local Card OFF US | Free |
| International Card OFF US Transactions Local | Free |
| Items | Fees and Charges (including VAT) |
|---|---|
| Cash Advance ON US | Free |
| Balance Inquiry on POS | Free |
| Cash Advance Local Card OFF US | 1.15% per 100 birr |
| International card OFF US Transactions Local | Free |
| Items | Fees and Charges (including VAT) |
|---|---|
| Balance Inquiry-ON US | Free |
| Balance Inquiry-OFF US | 0.575 per request (as per Ethswitch) |
| Remote on US balance Enquiry | Free |
| ATM Balance Inquiry using Other Bank International card | Free |
| ATM Mini statement view using Other Bank International card | Free |
| Mini Statement -ON US | 0.575 per request |
| Mini Statement -OFF US | 1.15 per transaction |
| Items | Fees and Charges (including VAT) |
|---|---|
| Fund transfer to Own account (On Us) | Free |
| Fund Transfer to another Nib account (New) | Free |
| Transfer to other Bank Accounts through Eth-Switch (Off US) | 0 - 5,000 = 0.46% 5,001 - 25,000 = 0.27% 25,001 - 100,000 = 0.18% 100,001 - 1,000,000 = 0.09% Above 1,000,001 = 0.046% (EthSwitch Pricing)+ 0.2% of the principal amount |
| Bank to Nib ebirr wallet (On us) | Free |
| Bank to other wallet (Off us) tele wallet | 0.1% per transaction amount |
| LMTS Commission | Free |
| Linking other accounts | Free |
| Password replacement | Free |
| Utility payment | Free |
| Mobile Banking Maintenance Fee | 5 Birr per month |
| Statement | Free |
| Balance enquiry | Free |
| Airtime top-up | Free |
| Items | Fees and Charges (including VAT) |
|---|---|
| Acount to Acount transfer (on us) | Free |
| Transfer to othe Nib bank account | Free |
| Acount to Acount transfer (off us) | 0 - 5,000 = 0.46% 5,001 - 25,000 = 0.276% 25,001 - 100,000 = 0.184% 100,001 - 1,000,000 = 0.092% Above 1,000,001 = 0.046% +0.2% of the principal amount |
| Balance Enquiry | Free |
| Air ticket payment | Free |
| Transfer to Beneficiaries | Free |
| Transfer to Awach | Free |
| LMTS Commission or Transfer to non-account holder | Free |
| Internet banking maintenance fee | Birr 5 per month |
| Items | Fees and Charges (including VAT) |
|---|---|
| P2P -Domestic remittances (on us) | Free |
| Transfer to non-account holder | <5000 = Free 5001 - 30000 = Birr 5 30001 - 50000 = Birr 8 50001 - 100000 = Birr 9 >100,000 = Birr 10 + Birr 4 per 100,000 |
| Cash withdrawal at Agent/Branch | Free |
| Wallet to Bank transfer | Free |
| Wallet to other bank | 0 - 5,000 = 0.46% 5,001 - 25,000 = 0.276% 25,001 - 100,000 = 0.184% 100,001 - 1,000,000 = 0.092% Above 1,000,001 = 0.046% |
| Merchants payments (On us) | Free |
| Balance enquiry | Free |
| Utility payments | Free |
| Airtime Top-up | Free |
| Account Opening (self-onboard) | Free |
| Bill payment | Free |
| Services | Fees and Charges (including VAT) |
|---|---|
| Customer Registration | 20 |
| Fund Transfer at Agents | 5.75 |
| Balance enquiry | 1.725 |
| Mini state. | 1.725 |
| Pin Change | 1.725 |
| Bill payment New (Canal+, DSTV, Tele Pone Bill and Internet service) | Birr 50 flat |
| Utility payment (Electricity, Water) | 2.3% of the amount |
| Airline ticket payment | 1.73% |
| Air time top up | Free |
| S/N | Type of Service | Description | Terms and Tariffs |
|---|---|---|---|
| 1. | Pass Book upon opening | Free | |
| 2. | Replacement of Pass Book | Fully Utilized | Free |
| Lost | Br. 100 | ||
| Damaged | Br. 100 | ||
| 3. | Saving Account Closure | Br. 30 | |
| 4. | Saving Account Closure before six months | Br. 30 | |
| 5. | Closure of current account before six months | Br. 50 | |
| 6. | Saving and Checking Accounts freeze in court case | Br. 100 | |
| 7. | LMTS from A/c | Commission | - Up to Br. 3,000 = Br. 18 - Above Br. 3,000 = Br. 18 plus Br. 1.25 per thousand |
| Service Charge | Br. 20 | ||
| 8. | LMTS by Cash | Commission | - Up to Br. 3,000 = Br. 20 - Above Br. 3,000 = Br. 20 plus Br. 1.50 per thousand |
| Service Charge | Br. 20 | ||
| 9. | LMTS (for staff) | Commission | - Up to Br. 5,000 per month = Free - Above Br. 5,000 = Br. 1.25 per thousand |
| Service Charge | Br. 20 | ||
| 10. | Amendment LMTS both Cash & Account | Br. 50 | |
| 11. | Cancellation/Re-transfer of LMTS | Br. 75 | |
| 12. | Interbank transfer from own Nib account to own other bank account | Br. 130 (including NBE charge per transaction) | |
| 13. | Interbank transfer from own Nib account to beneficiary other bank account | ||
| 14. | Electronic Tax Payment Transfers | Br. 75 (including NBE Fee) | |
| 15. | INSA Services | Br. 1 – Br. 50 | Br. 0.00 |
| Br. 51 – Br. 100 | Br. 1.15 | ||
| Br. 101 – Br. 500 | Br. 3.45 | ||
| Br. 501 – Br. 5,000 | Br. 5.75 | ||
| Br. 5,001 – Br. 100,000 | Br. 23 | ||
| Br. 100,001 – Br. 1,000,000 | Br. 34.5 | ||
| Above Br. 1,000,001 | Br. 57.5 | ||
| 16. | Cost of Cheque book | 10 leaves | Br. 75 |
| 25 leaves | Br. 100 | ||
| 50 leaves | Br. 200 | ||
| 100 leaves | Br. 300 | ||
| 17. | Insufficient Fund Cheque Returned | 1st Instance | Charge Br. 115 and Apply NBE Directive |
| 2nd Instance | Levy a fine of 3.45% of cheque value but not exceeding Br. 28,750 & Apply NBE Directive | ||
| 3rd Instance | Levy a fine of 5.75% of cheque value not exceeding Br. 57,500 & Apply NBE Directive | ||
| 18. | If the cheque is returned insufficient through other bank clearance at the first time | Br. 60 | |
| 19. | Stop payment Request (Per Application) | Br. 300 | |
| 20. | Special clearance of other bank cheque per cheque | Br. 100 | |
| 21. | CPO - issuance | From Account Holder | Br. 150 |
| Non-Account Holder | Br. 500 | ||
| 22. | CPO - Cancellation | From Account Holder | Br. 250 |
| Non-Account Holder | Br. 400 | ||
| 23. | Lost CPO (Refund) | From Account Holder | Br. 350 |
| Non-Account Holder | Br. 400 | ||
| 24. | Account statement of any account every month first time/Current month for the first time | Br. 30 | |
| 25. | Duplicate Statement of any account | Br. 30 per page + Br. 5 for every additional copy | |
| 26. | Historical Account statement (previous months) | Br. 60 per page + Br. 5 for every additional copy | |
| 27. | Duplicate advice for items | Current year | Br. 25 per advice |
| Over year | Br. 50 per advice | ||
| 28. | Standing instruction from AC to AC | Br. 50 per Transaction | |
| 29. | Balance Confirmation/Account information request | Br. 275 | |
| 30. | Payroll Service Charge | Free | |
| 31. | Authentication fee at documents authentication & registration office and court | Online | Br. 60 |
| In-person | Br. 300 plus third-party charge | ||
| 32. | Signature Change | Br. 60 per account | |
| 33. | Blocking of NIB’s share to be held as collateral by other bank or entities/Pledge of share as collateral | Br. 1200/request | |
| 34. | Unblocking of NIB’s share held as collateral with other entities | Br. 500 per request | |
| 35. | Share Transfer processing Fee | 1.25% of the share value, Min Br. 500, Each party shall share the total fee equally | |
| 36. | Share Certificate Fee (Transfer, Amendment, loss, damage & replacement) | Br. 500/certificate | |
| 37. | Confirmation Fee (For Embassy, power of attorney fee, external Auditor and others entities) | Br. 575 |
| Particulars | Approved Charges (Including 15% VAT) | |
|---|---|---|
| Loan Processing Fee (except for Guarantee & LC Margin) | Fresh Requests | Br. 3,000 to be collected for any requests before processing |
| 0.25% of Approved Amount will be collected after approval | ||
| For Renewals of Existing Facilities | 0% of Approved, Min Br. 2500 Max Br. 20,000, to be collected before processing the facility | |
| Collateral Substitution Fee per each property (to be collected before estimation document is sent to Property Valuation Division) | Br. 11,000 | |
| Collateral Withdrawal Fee per each Property | Br. 22,000 | |
| Transfer of Loan, advance File (Excluding Staff) from one branch to another | Br. 20,000 | |
| Commitment Fee | 1.90% of Approved amount | |
| Arrangement Fee | 1% of outstanding loan to be renegotiated Min 5,000 & Max. 1,000,000 | |
| Early Settlement Fee | waived | |
| Allowing/registration of collaterals on the second degree or other banks (Per each collateral) | Br. 22,000 | |
| Credit Information Fee (should be collected immediately when a customer applies for loans and guarantees) | As per NBE directive | |
| Appeal Processing fee | Br. 2,500 | |
| Audit confirmation fee | Br. 200 | |
| Insurance Premium Fee (if the bank paid the insurance premium instead of customer to renew the insurance timely) | 10% of Insurance premium, Min. Br. 3,000 | |
| Cancellation /Suspension of Foreclosure Decision | Br.5,000.00 plus all cost incurred by the bank | |
| Collateral Split Fee (applied for apartment Building & no withdrawal fee will be applied if split fee paid) | Br. 7,500 plus all cost incurred by the bank Br. 150,000 per each title deed Max. for these business | |
| Re-approval of Fee due to customer reason | Br. 7,500 | |
| Renewal of expired facilities | 0.025% Min. Br. 5,000 | |
| Confirmation letter on guarantee issued | Br. 500 | |
| Margin utilization fee | 2.00% of the approved margin amount | |
| Guarantee Type | Amount of the Guarantee (Birr) | Properties that secure the approved local guarantee facilities | ||||||
|---|---|---|---|---|---|---|---|---|
| Cash | Cash Substitutes | Buildings | Factory, agriculture, Const. Machineries and company shares | Motor Vehicles | Other collaterals like coffee sites | Uncovered part by collateral & for fully clean facility | ||
| Bid Bond | Up to Birr 3 Million | 0.3450% | 0.3525% | 1.3200% | 1.3875% | 1.5000% | 1.8750% | 2.6250% |
| Above Birr 3 Million, but ≤ Birr 5 Million | 0.3375% | 0.3525% | 1.1700% | 1.3125% | 1.4250% | 1.8000% | 2.5500% | |
| Above Birr 5 Million, but ≤ Birr 10 Million | 0.3300% | 0.3375% | 0.9900% | 1.2375% | 1.3500% | 1.7250% | 2.4750% | |
| Above Birr 10 Million, but ≤ Birr 15 Million | 0.3225% | 0.3300% | 0.9750% | 1.1625% | 1.2750% | 1.6500% | 2.4000% | |
| Above Birr 15 Million | 0.3150% | 0.3225% | 0.9000% | 1.0875% | 1.6125% | 1.9575% | 3.0000% | |
| Advance Payment Guarantee | Up to Birr 5 Million | 0.3450% | 0.4275% | 1.3425% | 1.4625% | 1.6125% | 1.9575% | 3.0000% |
| Above 5 Million, but ≤ Birr 10 Million | 0.3150% | 0.3750% | 1.2975% | 1.3425% | 1.4775% | 1.8525% | 2.9250% | |
| Above 10 Million, but ≤ Birr 15 Million | 0.2850% | 0.3600% | 1.1625% | 1.2600% | 1.4100% | 1.8300% | 2.8500% | |
| Above 15 Million, but ≤ Birr 20 Million | 0.2550% | 0.3450% | 1.0875% | 1.1925% | 1.3425% | 1.8075% | 2.7750% | |
| Above 20 Million | 0.2250% | 0.2550% | 1.0125% | 1.1175% | 1.2675% | 1.6350% | 2.7000% | |
| Performance Bond, Customs Bond & other Guarantee | Any Amount | 0.3450% | 0.4050% | 1.6500% | 1.8750% | 2.2500% | 2.6250% | 3.0000% |
| Type of Collateral | Approved Fees |
|---|---|
| All types of buildings up to 2 floors | Birr 2,200 per Building plus 500 per floor |
| All types of buildings with more than 2 floors but less than 6 floors | Birr 4,400 per Building plus 550 per floor |
| All types of buildings with more than 6 floors | Birr 6,500 per Building plus 550 per floor |
| Any under construction building up to 2 floors | Birr 3,300 per Building |
| Any under construction building with more than 2 floors but less than 6 floors | Birr 5,500 per Building plus 700 per floor |
| Any under construction building with more than 6 floors | Birr 7,700 per Building plus 700 per floor |
| All types of factory buildings/Warehouses/MPH/Shades up to 2000m² | Birr 3,300 per Building |
| All types of factory buildings/Warehouses/MPH/Shades with more than 2000m² | Birr 4,400 per Building plus 1000 birr per 1000m² |
| All types of under construction factory buildings/Warehouses/MPH/Shades up to 2000m² | Birr 3,300 per Building |
| All types of under construction factory buildings/Warehouses/MPH/Shades with more than 2000m² | Birr 4,400 per Building plus 1000 birr per 1000m² |
| Fuel Station | Birr 2,200 per Tanker |
| Passenger vehicles: includes Automobiles, Station Wagons, Pickups, Min & Mid Buses, Electric Vehicles (EVs) and Hybrid Vehicles | Birr 1,500 per Automobile |
| Loading/cargo vehicles and large buses: Vans, Liquid Cargo Trucks with Trailers, Dry Cargo, and Dump Trucks with Trailers, large bus capacity greater than 30 seat | Birr 2,200 per Truck |
| Plant (integrated industry): includes Manufacturing Plants, Processing Plants, Power Plants, Water Treatment Plants, and Waste Treatment Plants | Birr 1,000 per Machinery |
| Industrial/Manufacturing Machinery: includes Production machinery, Material handling equipment, Workshop machinery, Packaging machinery, Auxiliary and support equipment, Quality control and testing equipment, Automation and robotics, Environmental and waste management equipment | Birr 1,000 per Machinery |
| Construction Machinery: Lifting Machinery, Earthmoving Machinery, Compacting Machinery, Road Surface Machinery, Concrete Machinery | Birr 2,200 per Machinery |
| Agricultural Machinery: Includes tractors with implements, harvesters, sprayers, and processing machines | Birr 2,200 per Machinery |
| Coffee hulling & Washing sites | Birr 11,000 per site |
| Flower farm | Birr 4,400 per Green House & building estimation fee as per rate |
| Coffee and other plantation | Birr 3,000 per hectare, but a maximum of 0.5% of the loan |
| Types of Service | LCY Account Holder | FCY Account Holder | FDI Account Holder |
|---|---|---|---|
| FCY Cash sale | 4.00% | 2.00% | 1.00% |
| FCY Sale by Card | 4.00% | 2.00% | 1.00% |
| Service | LCY Account Holder | FCY Account Holder | FDI Account Holder |
|---|---|---|---|
| Service Charge | 4.00% | 3.00% | 1.00% |
| SWIFT Charge | $100 | ||
| Service | LCY | FCY | FDI |
|---|---|---|---|
| Letter of Credit (L/C) Service Charge | 4.00% | 3.00% | 1.00% |
| SWIFT for L/C | $150.00 | ||
| CAD | 4.00% | 3.00% | 1.00% |
| Range (USD) | New Service Charge |
|---|---|
| ≤ 400,000 | 1.00% Min $100 |
| 400,001 - 600,000 | 0.75% |
| > 600,000 | 0.50% |
| Service | New Service Charge |
|---|---|
| Advance Payment, bid bond, performance bond | $100 |
| Collateral Type | New Service Charge |
|---|---|
| 110% Cash Collateral | 0.60% Min $100 |
| Facility Collateral | 1.25% Min $100 |
| Service | Charge |
|---|---|
| SWIFT Charge | $150.00 |
| Guarantee Claim Payment | 0.15% + Other SWIFT charge/$100 |
| Range (USD) | New Service Charge |
|---|---|
| ≤ 500.00 | SWIFT ONLY / $100.00 |
| > 500 | SWIFT + $100.00 |
| Range (USD) | Charge |
|---|---|
| ≤ 200.00 | SWIFT only $15.00 |
| 201-500 | SWIFT only $30.00 |
| 501-1000 | SWIFT only $50.00 |
| > 1000.00 | SWIFT charge/$100.00 |
| Service | New Service Charge | ||
|---|---|---|---|
| Amendment | $100.00 | ||
| Delivery Order | $200.00 | ||
| Returned Shipment Document | $100 + Courier charge | ||
| Letter of External Party | ETB1000.00 | ||
| Small Export | $50.00 | ||
| Foreign Cheque Book | 25 leaves $5, 50 leaves $10, 100 leaves $15 | ||
| Corresponded Charge | As per correspondent charge | ||
| Interest on Import Advance | As per import bill lending rate | ||
| Penalty Charge | $100.00 as per document | ||
| Duplicate Advice | LCY ETB100.00, FCY $2.00 | ||
| SWIFT for Others | $100 | ||
| Partial Shipment | For First Shipment | Free | |
| For Second Shipment | document value <= $5000.00 | $50.00 per document | |
| document value > $5000.00 | $100.00 per document | ||
| For Third Shipment and above | document value <= $5000.00 | $100.00 per document | |
| document value > $5000.00 | $200.00 per document | ||
| Service | LCY Account | FCY Account |
|---|---|---|
| Service Charge | 4.00% | 3.00% |
| Opening Commission | 0 | 0 |
| Permit Extension Charge (TT) | 1st request free, 2nd ETB1000, further ETB1000 each | |
| SWIFT for Staff | $30 per page | |
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