| No. | Type of Collateral | Estimation Fee |
|---|---|---|
| 1 | All types of buildings up to 2 floors | Br. 1,000 per building |
| 2 | All types of buildings with more than 2 floors but less than 6 floors | Br. 2,000 per building plus Br. 250 per floor |
| 3 | All types of buildings with more than 6 floors | Br. 3,000 per building plus Br. 250 per floor |
| 4 | Any under construction building up to 2 floors | Br. 1,500 per building |
| 5 | Any under construction building with more than 2 floors but less than 6 floors | Br. 2,500 per building plus Br. 300 per floor |
| 6 | Any under construction building with more than 6 floors | Br. 3,500 per building plus Br. 300 per floor |
| 7 | Fuel station | Br. 1,000 per tanker |
| 8 | Automobiles | Br. 600 per automobile |
| 9 | Passenger vehicles and trucks | Br. 1,000 per truck |
| 10 | Industrial machinery (large) | Br. 1,000 per machinery |
| 11 | Factory machinery (small) | Br. 3,000 in group in one factory |
| 12 | Construction machinery and equipment | Br. 1,000 per machinery |
| 13 | Workshop machinery | Br. 1,500 in group only in one workshop |
| 14 | Coffee hulling and washing sites | Br. 5,000 per site |
| 15 | Flower farm | Br. 2,000 per greenhouse and Br. 800 per block for other buildings |
| 16 | Coffee and other plantation | Br. 1,000 per hectare but maximum of 0.5% of the loan request |
| Description | Amount of Financing, Advances and Guarantees Requested in ETB (X) | Charges | |
|---|---|---|---|
| For Fresh Requests | For Renewals of Existing Facilities | ||
| Financing processing fee | Up to Br. 2 million | Br. 3,000 | Br. 1,000 |
| Br. 2 million < X ≤ Br. 7 million | Br. 5,000 | Br. 1,600 | |
| Br. 7 million < X ≤ Br. 15 million | Br. 7,000 | Br. 2,200 | |
| X > Br. 15 million | Br. 10,000 | Br. 3,500 | |
| Collateral substitution fee per each property | ETB 5,000 | ||
| Collateral withdrawal fee per each property | ETB 10,000 | ||
| Transfer of financing, advance and guarantee file from one branch to another | ETB 50,000 | ||
| Allowing registration of collaterals on the second degree by other banks (per each collateral) | ETB 10,000 | ||
| Movable property registry fee (post approval fee) | Br. 100 for registration of initial notice and Br. 50 for extending the period of effectiveness of initial notice (i.e. for renewal of existing facilities and/or for restructuring loans) | ||
| Description | Charges |
|---|---|
| Credit information fee | Br. 1,000 per credit report on aggregate financing requests above Br. 100,000 and less than or equal to Br. 1,000,000 |
| Br. 2,000 per credit report on aggregate loan requests above Br. 1 million |
| Tenure | Generated FCY to the Bank Compared to Financing Amount | IFB Profit Rate |
|---|---|---|
| Up to 96 days | 100% and above | Zero % |
| Items | Fees and Charges (including VAT) |
|---|---|
| Issuance of debit card | Br. 100 |
| International prepaid card issuance | Br. 1,000 |
| Annual subscription fee | Free |
| Card replacement fee – local (lost, damaged, expired) | Br. 100 |
| Card replacement fee – international | Br. 1,000 |
| PIN replacement fee – international card | Br. 200 |
| PIN replacement fee – all local cards | Br. 30 |
| Cancellation fee (blocking) | Free |
| Debit card maintenance fee | Free |
| Renewal fee – local | Br. 100 |
| Delivery cost for urgent card request | Br. 500 |
| Additional account linking fee | Free |
| Supplementary card issuance fee | Br. 100 |
| Local card on us (staff) | Free |
| Items | Fees and Charges (including VAT) |
|---|---|
| ATM withdrawal on us | 0.2875% per Br. 100 (Ethswitch fee) |
| ATM withdrawal local card off us | 0.575% per Br. 100 (Ethswitch fee) |
| ATM cash withdrawal using other bank international card | 4.60% (Ethswitch fee) |
| For all card products (remote on us cross border) | Free |
| International card off us transactions local | 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 Br. 100 |
| International card off us transactions local | Free |
| Items | Fees and Charges (including VAT) |
|---|---|
| Balance inquiry – on us | Free |
| Balance inquiry – off us | Br. 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 | Br. 0.575 per request |
| Mini statement – off us | Br. 1.15 per transaction |
| Items | Fees and Charges (including VAT) |
|---|---|
| Fund transfer to own account (on us) | Free |
| Fund transfer to another Nib account | Free |
| Transfer to other bank accounts through Eth-Switch (off us) |
Br. 0 – 5,000 = 0.46% Br. 5,001 – 25,000 = 0.27% Br. 25,001 – 100,000 = 0.18% Br. 100,001 – 1,000,000 = 0.09% Above Br. 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 | Br. 5 per month |
| Statement | Free |
| Balance enquiry | Free |
| Airtime top-up | Free |
| Items | Fees and Charges (including VAT) |
|---|---|
| Account to account transfer (on us) | Free |
| Transfer to other Nib bank account | Free |
| Account to account transfer (off us) |
Br. 0 – 5,000 = 0.46% Br. 5,001 – 25,000 = 0.276% Br. 25,001 – 100,000 = 0.184% Br. 100,001 – 1,000,000 = 0.092% Above Br. 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 / transfer to non-account holder | Free |
| Internet banking maintenance fee | Br. 5 per month |
| Items | Fees and Charges (including VAT) |
|---|---|
| P2P domestic remittances (on us) | Free |
| Transfer to non-account holder |
Below Br. 5,000 = Free Br. 5,001 – 30,000 = Br. 5 Br. 30,001 – 50,000 = Br. 8 Br. 50,001 – 100,000 = Br. 9 Above Br. 100,000 = Br. 10 + Br. 4 per Br. 100,000 |
| Cash withdrawal at agent / branch | Free |
| Wallet to bank transfer | Free |
| Wallet to other bank |
Br. 0 – 5,000 = 0.46% Br. 5,001 – 25,000 = 0.276% Br. 25,001 – 100,000 = 0.184% Br. 100,001 – 1,000,000 = 0.092% Above Br. 1,000,001 = 0.046% |
| Merchant 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 | Br. 20 |
| Fund transfer at agents | Br. 5.75 |
| Balance enquiry | Br. 1.725 |
| Mini statement | Br. 1.725 |
| PIN change | Br. 1.725 |
| Bill payment – Canal+, DSTV, telephone bill and internet service | Br. 50 flat |
| Utility payment – electricity, water | 2.3% of the amount |
| Airline ticket payment | 1.73% |
| Airtime top-up | Free |
| Service | Description | Charge (VAT incl.) |
|---|---|---|
| Passbook upon opening | — | Free |
| Replacement | Fully utilised | Free |
| Lost | Br. 100 | |
| Damaged | Br. 100 |
| Service | Charge (VAT incl.) |
|---|---|
| Saving account closure before 6 months | Br. 100 |
| Current account closure before 6 months | Br. 100 |
| Saving/checking account freeze (court case in favour of accuser) | Br. 200 |
| Dormant saving account (below Br. 100) | Br. 25 every 6 months |
| Dormant current account (below Br. 1,000) | Br. 250 every 6 months |
| Account maintenance — saving account below Br. 50 | Br. 25 every 6 months |
| Account maintenance — checking account below Br. 500 | Br. 50 every 6 months |
| Service | Component | Charge (VAT incl.) |
|---|---|---|
| LMTS from account | Commission | Up to Br. 3,000 = Br. 18; above Br. 3,000 = Br. 18 + Br. 1.25/thousand |
| Service charge | Br. 20 | |
| LMTS by cash | Commission | Up to Br. 3,000 = Br. 20; above Br. 3,000 = Br. 20 + Br. 1.50/thousand |
| Service charge | Br. 20 | |
| LMTS (staff) | Commission | Up to Br. 5,000/month = Free; above Br. 5,000 = Br. 1.25/thousand |
| Service charge | Br. 20 | |
| Amendment (cash & account) | — | Br. 50 |
| Cancellation / re-transfer | — | Br. 75 |
| Service | Charge (VAT incl.) |
|---|---|
| Interbank — own Nib account to own other bank account | Br. 130 + NBE charge |
| Interbank — own Nib account to beneficiary other bank account | Br. 130 + NBE charge |
| Account-to-account transfer — up to Br. 5,000 | Free |
| Account-to-account transfer — Br. 5,001–50,000 | Br. 5 |
| Account-to-account transfer — Br. 50,001–100,000 | Br. 10 |
| Account-to-account transfer — Br. 100,000–500,000 | Br. 15 |
| Account-to-account transfer — above Br. 500,000 | Br. 20 |
| Own account transfer | Free |
| Electronic tax payment transfer | Br. 100 |
| Amount range | Service charge (VAT incl.) |
|---|---|
| Br. 1 – Br. 50 | Br. 0 |
| 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. 34.50 |
| Above Br. 1,000,001 | Br. 57.50 |
Services include: water, electricity, tax, traffic penalty, transport, phone, rent, education and other government bill payments.
| Service | Description | Charge (VAT incl.) |
|---|---|---|
| Cheque book cost | 10 leaves | Br. 75 |
| 25 leaves | Br. 100 | |
| 50 leaves | Br. 200 | |
| 100 leaves | Br. 350 | |
| Insufficient fund cheque returned | 1st instance | Br. 115 penalty + NBE directive (written warning) |
| 2nd instance | 3.45% of cheque value, max Br. 28,750 + 2nd written warning | |
| 3rd instance | 5.75% of cheque value, max Br. 57,500 + account closure | |
| Cheque returned insufficient (other bank clearance, 1st time) | — | Br. 60 |
| Stop payment request (per application) | — | Br. 300 |
| Special clearance charge (per cheque) | — | Br. 200 |
| Amount range | Charge (VAT incl.) |
|---|---|
| Up to Br. 2,000 | Free |
| Br. 2,001 – Br. 10,000 | Br. 5 |
| Above Br. 10,000 | Br. 10 |
| Withdrawal from Wadi'ah | Free |
| Service | Category | Charge (VAT incl.) |
|---|---|---|
| CPO issuance | Account holder | Br. 150 |
| Non-account holder | Br. 500 | |
| CPO cancellation | Account holder | Br. 250 |
| Non-account holder | Br. 400 | |
| Lost CPO (refund) | Account holder | Br. 350 |
| Non-account holder | Br. 400 |
| Service | Charge (VAT incl.) |
|---|---|
| Account statement (current month, first time) | Br. 30 |
| Duplicate statement (any account) | Br. 30/page + Br. 5 per additional copy page |
| Historical account statement (previous months) | Br. 60/page + Br. 5 per additional copy |
| Duplicate advice — current year | Br. 30/advice |
| Duplicate advice — over a year | Br. 50/advice |
| Standing instruction (account to account) | Br. 50/transaction |
| Balance confirmation / account information request | Br. 275 |
| Payroll service charge | Free |
| Authentication fee — online (documents authentication & registration / court) | Br. 60 |
| Authentication fee — in-person | Br. 300 + third-party charge |
| Signature change | Br. 60/account |
| Service | Charge (VAT incl.) |
|---|---|
| Blocking NIB share as collateral with other bank/entity (pledge) | Br. 1,500/request |
| Unblocking NIB share held as collateral with other entities | Br. 1,000/request |
| Share transfer processing fee | 1.25% of share value, min Br. 500 (split equally between parties) |
| Share certificate fee (transfer, amendment, loss, damage, replacement) | Br. 700/certificate |
| Confirmation fee (embassy, power of attorney, external auditor, other entities) | Br. 575 |
| Particulars | Approved Charges (Including 15% VAT) | |
|---|---|---|
| Category | Charge | |
| Loan processing fee (except for guarantee and 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. 2,500 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 Br. 5,000 and max Br. 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 plus all costs 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 costs 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, construction machineries and company shares | Motor vehicles | Other collaterals like coffee sites | Uncovered part by collateral and for fully clean facility | ||
| Bid bond | Up to Br. 3 million | 0.3450% | 0.3525% | 1.3200% | 1.3875% | 1.5000% | 1.8750% | 2.6250% |
| Above Br. 3 million but ≤ Br. 5 million | 0.3375% | 0.3525% | 1.1700% | 1.3125% | 1.4250% | 1.8000% | 2.5500% | |
| Above Br. 5 million but ≤ Br. 10 million | 0.3300% | 0.3375% | 0.9900% | 1.2375% | 1.3500% | 1.7250% | 2.4750% | |
| Above Br. 10 million but ≤ Br. 15 million | 0.3225% | 0.3300% | 0.9750% | 1.1625% | 1.2750% | 1.6500% | 2.4000% | |
| Above Br. 15 million | 0.3150% | 0.3225% | 0.9000% | 1.0875% | 1.6125% | 1.9575% | 3.0000% | |
| Advance payment guarantee | Up to Br. 5 million | 0.3450% | 0.4275% | 1.3425% | 1.4625% | 1.6125% | 1.9575% | 3.0000% |
| Above Br. 5 million but ≤ Br. 10 million | 0.3150% | 0.3750% | 1.2975% | 1.3425% | 1.4775% | 1.8525% | 2.9250% | |
| Above Br. 10 million but ≤ Br. 15 million | 0.2850% | 0.3600% | 1.1625% | 1.2600% | 1.4100% | 1.8300% | 2.8500% | |
| Above Br. 15 million but ≤ Br. 20 million | 0.2550% | 0.3450% | 1.0875% | 1.1925% | 1.3425% | 1.8075% | 2.7750% | |
| Above Br. 20 million | 0.2250% | 0.2550% | 1.0125% | 1.1175% | 1.2675% | 1.6350% | 2.7000% | |
| Performance bond, customs bond and 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 | Br. 2,200 per building plus Br. 500 per floor |
| All types of buildings with more than 2 floors but less than 6 floors | Br. 4,400 per building plus Br. 550 per floor |
| All types of buildings with more than 6 floors | Br. 6,500 per building plus Br. 550 per floor |
| Any under construction building up to 2 floors | Br. 3,300 per building |
| Any under construction building with more than 2 floors but less than 6 floors | Br. 5,500 per building plus Br. 700 per floor |
| Any under construction building with more than 6 floors | Br. 7,700 per building plus Br. 700 per floor |
| All types of factory buildings, warehouses, MPH and shades up to 2,000 m² | Br. 3,300 per building |
| All types of factory buildings, warehouses, MPH and shades with more than 2,000 m² | Br. 4,400 per building plus Br. 1,000 per 1,000 m² |
| All types of under construction factory buildings, warehouses, MPH and shades up to 2,000 m² | Br. 3,300 per building |
| All types of under construction factory buildings, warehouses, MPH and shades with more than 2,000 m² | Br. 4,400 per building plus Br. 1,000 per 1,000 m² |
| Fuel station | Br. 2,200 per tanker |
| Passenger vehicles: includes automobiles, station wagons, pickups, mini and mid buses, electric vehicles (EVs) and hybrid vehicles | Br. 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 seats | Br. 2,200 per truck |
| Plant (integrated industry): includes manufacturing plants, processing plants, power plants, water treatment plants and waste treatment plants | Br. 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 | Br. 1,000 per machinery |
| Construction machinery: lifting machinery, earthmoving machinery, compacting machinery, road surface machinery and concrete machinery | Br. 2,200 per machinery |
| Agricultural machinery: includes tractors with implements, harvesters, sprayers and processing machines | Br. 2,200 per machinery |
| Coffee hulling and washing sites | Br. 11,000 per site |
| Flower farm | Br. 4,400 per greenhouse and building estimation fee as per rate |
| Coffee and other plantation | Br. 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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