Arabic

Fees & Charges

 

Individuals

Corporates

Cheques and Remittance

Outward Remittance

Foreign Currency inside or outside the country 3/1000 with minimum of USD 8 and a maximum of USD 150 + $ 5 admin fees 3/1000 with minimum of USD 8 and a maximum of USD 100
Other than the expenses deducted by the correspondent
Local Currency 2/1000 with a minimum of EGP 25 and a maximum of EGP 300 + EGP 15 admin fees
External Swift fees USD 35
Local Swift fees EGP 35
Outward Remittance cancellation as per Customer request $ 20 + correspondant fees
Outward Remittance cancellation as per correspondant request "local remittance $ 5
international Remittance $ 20"

Above Commissions and expenses are reduced by 50% in case requested through Arabi Online Service

Inward Remittance

Cash Payment 3/1000 with a minimum of USD 6 and maximum of USD 50 or without commission if paid in EGP
For a customer account at one of our branches

USD5 for transfers up to USD 1000
USD 10 for transfers above USD 1,000

USD 1 for transfers up to USD 1000, and USD 2 for transfers above 1,000 USD

"outward and inward remittance for any external AB branch is free for only
( Egypt / lebanon / Jordon / Palastine / Algeria / UAE / Qatar / Yemen / Bahrain / Morroco ) "

Remittance Cancellation Fees EGP 25

Draft / Certified Cheques

 Foreign currency cheques 3/1000 with a minimum of USD 6 and a maximum of USD 100 3/1000 with a minimum of USD 6 and a maximum of USD 120
Local currency cheques 2/1000 with a minimum of EGP 25 and a maximum of EGP 300 2/1000 with a minimum of EGP 25 and a maximum of EGP 400
Draft / Certified Cheques cancellation EGP 25  
Cancelation of draft cheques withdrawen on the customer account
(local/international)
withdrawen from local bank $ 5
withdrawen from international $ 20
 

Collection of Cheques and Draft Notes

Cheques for collection (inside clearing) Cheques up to EGP 100 - EGP 7/ cheque.Cheque more than EGP 100 - EGP 15/ cheque (In addition to EGP 2 for each un coded cheque) No commission
Cheques in foreign currency 3/1000 with a minimum of USD 5 and maximum USD 100 + $ 5 Admin Fees
Cheques drawn on Local Banks (Current/Post dated) 2/1000 with a minimum EGP 10 and maximum EGP 350
Draft Notes 2/1000 with minimum EGP 15 and maximum EGP 250  + EGP 15 mailing fees
Protest fees EGP 35
Stop payment EGP 50/cheque. In addition to EGP 30/annum for each subsequent year EGP 10/ request. In addition to EGP 10/annum for each subsequent year
Stopped payment cancellation EGP 50/ cheque
Returned Cheques EGP 20/ cheque

Accounts

Minimum to open a current account EGP 2500 or its equivalent EGP 5000 or its equivalent;
Minimum to open a saving account EGP 1500 or its equivalent ----
Current account opening fees EGP 30 in addition to applied stamps
Saving account opening fees without having other opened accounts EGP 30 in addition to applied stamps ----
Minimum balance Commission EGP 20 for every sub account falls below EGP 2000 during the month or USD 350 EGP 100 for every account with no transactions for more than 3 months
Cheque book issuance fee (25 cheques) EGP 62.50 Reduced by 50% in the case requested through Arabi Online Service
Cheque book issuance fee(50 cheques) EGP 125 Reduced by 50% in the case requested through Arabi Online Service
Cash withdrawal from current account (on the counter) EGP 15/ cheque -----
Cash withdrawal from Saving account (on the counter if below EGP 5000 more than twice monthly) EGP 5/ transaction -----
Power of attorney issuance EGP 100 other than the applied stamps
Power of attorney annual renewal EGP 75
Power of attorney cancellation EGP 30
Account annual fees EGP 20 quarterly for resident clients. EGP 35 quarterly for non resident clients. EGP 15 quarterly for governmental parties. EGP 30 quarterly for corporate.
Golden Insurance Program EGP 9/ month ----
Standing Instructions
EGP 50 in addition to EGP 20 for each transaction + applied comissions
Standing Instructions annual fees EGP 50
Hold Mail fee in customer branch EGP 250 monthly
Hold Mail fee in other branch EGP 250 monthly
Initial Prospectus fees for “Yomaty” account EGP 150 EGP 500 
Monthly fees for “Yomaty” account EGP 10 EGP 50 
Mail fees EGP 3 for every sub account for each periodic statement of account
External account opening Fees at any of our External Branches EGP 200
High debit interest comission 1/1000 from highest debit interest on the monthly statement
closure account fees EGP 75

Securities

Buying and Selling fees 1/1000 of the total bill
Coupons Collection 6/1000 from coupon
Custodian Annual fees 1/1000 from the portfolio Market Value
Transfer of portfolio EGP 100 for every type of bond
Statement of account/ transaction/holding stocks EGP 5 
Coding a client EGP 10 
Annexation request EGP 20
Request of a list of Share holders EGP 50
Depositing Shares 1/1000 from market value in the depositing stage with a minimum of EGP 10
Buying/ Selling fees of EURO BOND 2.5/1000 with a minimum of USD 100
Coupon Collecting fees of EURO BOND 1% of the nominal value of the coupon
Custodian Commission of EURO BOND 1/1000 of the nominal value of bonds
Prospectus fees 0.25/1000 with a minimum of EGP 20 and maximum of EGP 500

Safe Deposit Box

Small size EGP 350/ annually
Small medium size EGP 550/ annually
Medium size EGP 1000/ annually
Large size EGP 2000/ annually
In addition to 10% sales tax to be deducted annually on all sizes

Miscellaneous and special requests

Certificate of the current year EGP 30 
Issuance of a certificate for a past year EGP 60 
Signature Verification EGP 20 
Re-print a statement of account for the current year EGP 10 for each paper
Re-print a statement of account for a past year EGP 10 for each paper
Payment order EGP 30 regardless the withdrawad amount
Request for documents EGP 20 for every single document
Mail fees EGP 35 for registered local Mail
internationa Mail ( upon Country )
Express Mail ( DHL ) EGP 100 / kg ( inside Egypt )
upon destination ( outside Egypt)
Credit facilities balances statement ---- EGP 20 for each time the statement of balance is issued

Cards

Blue, Gold and Black Visa Credit Cards 

Annual fees primary cards Blue no fees
Gold EGP 250
Black EGP 350
Platinum EGP 750
Issuance fee supplementary card Free
Annual fees for the supplementary card Blue no fees
Gold EGP 125
Black EGP 175
Platinum EGP 375
Reissuance fees Free
Reissuance fees of the pin code EGP 10 
Cash withdrawal fees Blue- no fees
Gold/Black 3% from the amount withdrawn with a minimum of EGP 30
Late payment fee Blue- 100 EGP monthlyGold/Black- 50 EGP monthly
Over limit charges Blue- EGP 100 monthlyGold/Black- EGP 50 monthly
Clearance Letter EGP 15
Credit bureau fees EGP 25
Finance charge Retail transactions- monthly 2.25% Cash transactions- monthly 2.49%

Internet Shopping Card

Primary/supplementary cards annual fees EGP 50
Primary/ supplementary cards re-issuance fees Free

Visa Electron

Issuance fees/ Annual/ re-issuance (primary card) EGP 40 ---
Issuance fees/ Annual/ re-issuance (supplementary card) EGP 40 ---
Re-issuance of pin code EGP 20 ---
Card usage on Arab Bank ATM’s Free ---
Card usage on Visa local network ATMs EGP 4 for cash withdrawalEquivalent to USD 0.30 + EGP 0.50 for inquiries ---
Overseas cash withdrawal commission 0.50% from amount+ USD 2.75 ---
Charge back Request $ 10 or equivilant in EGP  
International courrier Fees (cards & pins) EGP 175 for each  

Loans

Personal/ Auto/Used Auto

Processing fees Ranges from 1.50% to 2% ---
Penalty overdue interest (minimum of EGP 100) 2% in addition to the loan interest rate ---
Early settlement fee Ranges from 1% to 5% ---
License renewal authentication letter EGP 25 ---
Credit bureau fees EGP 25 ---

Electronic Services

SMS Alerts

SMS 5 free monthly SMS, afterwards EGP 0.30 for each SMS

Internet Banking (Arabi Online)

Annual fees Free for first year ( EGP 10 every 3 months )
Re-issuance of pin code EGP 10

Phone Banking (Hala Arabi)

Annual fees Free
Re-issuance of pin codeً 10

Phone bills (per line)

Annual Subscription fees land line(normal/ international) EGP 15
Annual subscription fees (Mobinil) EGP 15

Above Fees & Charges are effective as of 26/6/2011