Bank Drafts , Certified Checks and Purchased Checks |
Bank Drafts and Certified Checks |
Issuance in Local Currency |
0.2% Min EGP 25 - Max EGP 350
* Max EGP 50 for Governmental Authorities (Taxes and Customs) |
Issuance in Foreign currency |
0.3% Min USD 20 Max USD 100 |
Bank Draft (Buy Out Loans) |
Free |
Draft / Certified Check settlement |
LCY EGP 10 - FCY USD 5 |
Purchased Checks |
Local Currency |
0.6% Min EGP 15 with no Max |
Foreign Currency |
0.6% Min USD 10 with no Max |
Traveler Checks |
Issuance (Sale) |
1% Min USD 5 with no Max |
Purchase |
1% with no Max |
Collection of Traveler Checks |
0.5% Min USD 10 Max USD 65 |
Bills and Post dated checks |
Protest |
Actual cost (Legal fees) + Postage Charges + EGP 20 |
Custody commission (LCY) |
0.3% Min EGP 20 Max EGP 500
(note: Corporate credit clients special tariff to be approved by HOCC) |
Custody commission (FCY) |
0.3% Min USD 10 Max USD 100 or equivalent
(note: Corporate credit clients special tariff to be approved by HOCC) |
Withdrawal of bill / check (LCY) |
EGP 20 (no refund for custody commission) |
Withdrawal of bill/ check (FCY) |
USD 5 or equivalent |
Postponement charges (LCY) |
EGP 10 |
Postponement charges (FCY) |
USD 5 or equivalent |
Inward Bills Collection |
0.2% Min 20 Max 350 + SWIFT Charges |
Inward Bills Returning |
Protesto Fees + Postage Charges + EGP 20 |
Letters of Credit |
L/C - Import Transactions |
Issuance of Letters of Credit : |
Preparing a Draft of LC issuance or amendments |
USD 40 Flat |
Form-4 Issuance (under LC Import) |
EGP 100 Flat |
Discrepancies fees (on correspondent account) |
USD 150 Flat |
Fully covered cash margin |
1.25% Min USD 75 or equivalent |
Covered against Facility |
1.25% Min USD 75 or equivalent |
Usance or deferred payment (Acceptance) |
Opening commission + 0.75% P/Q Min USD 50 |
Revolving |
Opening commission + 0.25 % Min USD 50 once on outstanding balance |
Amendment (except increase and extension) |
USD 25 Per item |
Extension (within period) |
0.2% Min USD 50 |
Extension (another period) |
0.25% with a maximum of 3 consecutive periods, then full commission to be applied (1.25%) |
Issuance of marine LG |
USD 100 |
Endorsement (B/L - AWB) |
0.1% Min USD 15 with no Max |
Swift charges :- Full Swift |
USD 75 |
Short Swift |
USD 25 |
Postage / Courier |
USD 10 |
Documents for Collections |
Keeping draft at our custody |
USD 100 Flat |
Endorsement commission of B/L to our order |
USD 50 Flat |
Credit advices for Export Proceeds |
EGP 20 Per advice |
Import Documentary Collection commission including transfer fees |
1.25% Min USD 80 with no Max |
Export documentary collection |
0.25% Min USD 50 |
Avalized (could vary based on country / Bank risk) |
Collection Commission + 0.75% per quarter Min USD 50 |
Deferred payment without responsibility |
USD 25 / EGP 150 |
Postage |
USD 10 |
Swift charges |
USD 25 |
L/C - Export Transactions |
Advising L/C |
USD 100 |
Confirming L/C |
0.3% Min USD 50 or based on FI approval (not less) |
Acceptance |
0.25% Min USD 50 |
Negotiation (could vary based on country / Bank risk) |
0.25% Min USD 100 |
Transfer L/C |
Advising commission + 0.1% Min USD 50 |
Amendments (per item) |
USD 25 |
International Fast Courier |
USD 60 |
Local Fast Courier |
USD 75 |
Swift charges - Full Swift |
USD 75 |
Short Swift |
USD 25 |
Documents / Bills sent for collection |
0.25% Min USD 50 |
Assign of Export proceeds |
0.2% Min USD 100 with no Max |
Examination of Shipping documents negotiated under unconfirmed LC |
0.2% Min USD 100 with no Max |
Letters of Guarantee |
International |
Bid bonds |
0.3% Min USD 100 quarterly |
Performance and Advance payment |
0.6% Min USD 100 quarterly |
Advising without responsibility on our part |
USD 100 |
Amendment (excluding extension and increase) |
USD 25 per item |
Extension (within period) |
USD 50 |
SWIFT Charges |
USD 50 |
Local |
Bid bonds |
0.4% Min EGP 150 quarterly |
Performance - advance payment |
0.6% Min EGP 150 quarterly |
Extension (within period) |
EGP 100 or Equivalent in USD |
Fully covered cash margin |
EGP 150 P/Q |
Amendment (excluding increase and extension ) |
EGP 100 |
Postage Fees + Local Swift |
EGP 25 |
Issuance Commission for Non-operative LGs |
EGP 150 |
Capital Market Operations |
Book Keeping Contract |
EGP 20 |
Securities Deposit |
0.3% Min EGP 10 |
Annual Custody Charges |
0.001 |
Transfer to another Book Keeper |
0.1% Min EGP 100 with no Max (per security) |
Statement |
EGP 5 per request |
Coupons Commission |
0.5% Min EGP 5 Max EGP 500 |
Certificate Issuance |
EGP 5 |
Commission of sell or purchase |
0.1% Min EGP 5 with no Max |
Transfer from another Book Keeper |
Free |
Pledge Release |
0.075% Max EGP 3,000 |
Capital Subscription |
EGP 200 or equivalent per transaction |
Annual Holding fees |
0.0075% Min EGP 5 with no Max |
Investor Protection Fund |
0.15% Max EGP 150 per security |
GDR Sell / Purchase |
USD 35 per transaction or equivalent |
GDR Coupon collection |
0.5% Min USD 5 with no Max |
GDR Conversion |
USD 100 per transaction or equivalent in addition to International Custodian, ESE, Depository bank and other fees |
Monthly GDR Custody Fees |
0.25% with no Max |
Custody fees of board membership guarantee shares |
EGP 50 flat or equivalent per month |
Izdehar Fund Fees |
0.025% Marketing fees on sub. With Max EGP 0.25 per IC |
Margin Trading Charges |
4.25% + H. Corridor |