Fees and Charges-Consumer

 

Accounts

Current Account Minimum Opening Balance. EGP 2500 or its equivalent
Saving Account Minimum Opening Balance. EGP 1500 or its equivalent
Current account opening fees EGP 35 in addition to applied stamps
Saving account opening fees without having other opened accounts EGP 35 in addition to applied stamps
Account annual fees EGP 8 Monthly for resident clients.
EGP 18 Monthly for non resident clients.
Statement of Account fees. EGP 9 for every sub account for each periodic statement of account
Cash withdrawal from current account in EGP using counter cheque. Equivalent to USD 3.5 if the amount is equal or less than EGP 5,000
Cash withdrawal from Saving account  in EGP using counter cheque. Equivalent to USD 1.5 if the amount is equal or less than EGP 5,000
Cash withdrawal from current account in USD using counter cheque.   USD 3 if the amount is equal or less than USD 800
Cash withdrawal from Saving account  in USD using counter cheque.  USD 2 if the amount is equal or less than USD 800
Cash Withdrawals in other Foreign currencies using counter cheque are free Except USD.
Commission on Non-Updated Accounts after one month EGP 10 calculated monthly
Minimum balance Commission EGP 30 for every current account below EGP 2000 / USD 350 during the month.  
high debit interest commission  1/1000 from highest debit interest on the monthly statement 
Golden Insurance Program EGP 9/ month
Account Closing Fees. EGP 100
Account opening Fees at AB External Branches.  EGP 200

Account Services

Re-print a statement of account for the current year EGP 20 for each paper
Re-print a statement of account for a past year EGP 30 for each paper
payment order  EGP 100 regardless the withdrawal amount 
Issuance of a certificate for a Current year EGP 50 
Issuance of a certificate for a past year EGP 100 
Request for documents  EGP 25 for every single document 
Standing Instructions for transfers on Accounts EGP 75 at Subscription
EGP 50 Annual Fees
EGP 25 for each transaction done outside the Account
Standing Instructions on Time Deposits EGP 75 at Subscription
EGP 50 Annual Fees
free for each transaction done outside the Account
Standing Instructions (Other) EGP 75 at Subscription
Free Annual Fees
EGP 40 for each transaction 
No commission on Standing Instructions related to internal Transfers between sub-accounts under the same account number.
Signature Verification EGP 25
Hold Mail fees in branch EGP 250 monthly

Power of attorney

Power of attorney issuance EGP 100 other than the applied stamps
Power of attorney annual renewal  EGP 75
Power of attorney cancellation EGP 50

Safe Deposit Box

Small size EGP 500/ annually
Small medium size EGP 750 / annually
Medium size EGP 1250/ annually
Large size EGP 2500/ annually
According to Law, 10% sales tax is deducted annually on all sizes 

Client Mail Issuance

Mail fees (Local Registered Mail) EGP 50

Mail fees (International Registered Mail) international Mail ( Based on the Country )
Express Mail ( DHL ) (Inside Egypt) EGP 150 / kg    
Express Mail ( DHL ) (Outside Egypt) international Mail ( Based on the Country )

Cheques and Remittance

Client Cheques

Cheque book issuance fee (25 cheques) Branches / ATMs EGP 75 Reduced by 50% in the case requested through Arabi Online Service
Cheque book issuance fee (50 cheques) Branches / ATMs EGP 150 Reduced by 50% in the case requested through Arabi Online Service
Stop payment EGP 60/cheque. In addition to EGP 40/annum for each subsequent year
Stop payment cancellation EGP 50/ cheque

Draft / Certified Cheques

Foreign currency cheques issuance fees 3/1000 with a minimum of USD 12 and a maximum of USD 100
Local currency cheques issuance fees 2/1000 with a minimum of USD 5 and a maximum of USD 65
Cheques issued to Governmental entities, Taxes, Tariffs:  2/1000 with a minimum of
 USD 5 and a maximum of USD 15
Draft / Certified Cheques cancellation  EGP 25
Cancellation of foreign Draft Cheques  on Local Bank USD 5
on foreign bank USD 20

Collection of Cheques 

Cheques for collection (Clearing House)  2/1000 with a minimum of EGP 20 and a maximum of EGP 500 (In addition to EGP 2 for each un-coded cheque)
Cheques drawn on Local Banks (Sight /Post dated) 3/1000 with a minimum EGP 20 and maximum EGP 375
Cheques in foreign currency 3/1000 with a minimum of USD 7 and maximum USD 150 + $ 5 Admin Fees ( In addition to any other collection fees by correspondent)
withdraw - postpone cheque/ bill collection EGP 25
Returned Cheques EGP 30

Collection of Bills 

Bills 3/1000 with minimum EGP 20 and maximum EGP 500  + EGP 15 mailing fees
Protesto fees EGP 50

Inward Remittance

Cash Payment 3/1000 with a minimum of USD 10 and maximum of USD 50 or without commission if paid in EGP
For a customer account at one of our branches USD 5 for transfers up to USD 1,000
USD 10 for transfers above USD 1,000
outward and inward remittance for any external AB branch is free for the following Countries only 
( Egypt / Lebanon / Jordon / Palestine / Algeria / UAE / Qatar / Yemen / Bahrain / Morocco ) 
Remittance Cancellation Admin Fees  EGP 30

Outward Remittance

Transfer Foreign Currency inside or outside the country 3/1000 with minimum of USD 10 and a maximum of USD 150 + $ 5 admin fees ( In addition to any other collection fees by correspondent)
outward and inward remittance for any external AB branch is free for the following Countries only 
( Egypt / Lebanon / Jordon / Palestine / Algeria / UAE / Qatar / Yemen / Bahrain / Morocco ) 
Transfers Between banks in Local Currency (RTGS) 2/1000 with a minimum of EGP 25 and a maximum of EGP 300 + EGP  25 admin fees
External Swift fees USD 35
Local Swift fees EGP 35
Above Commissions and expenses are reduced by 50% in case they are requested through Arabi Online Service
outward Remittance cancellation as per Customer request  USD 30 + correspondent fees
outward Remittance cancellation as per correspondent  request (National Remittance) USD 5 
outward Remittance cancellation as per correspondent  request (international Remittance) USD 20

Cards

Visa Electron

Cards ( Primary / Supplementry )
issuance
Annual
Reissuance 
EGP 40
Pin Code Re- issuance Fees  EGP 20
Card usage on Arab Bank ATMs Free
Card usage on Visa local network ATMs EGP 4 for Cash withdrawal
Equivalent to USD 0.30 + EGP 0.50 for inquiries or any transactions 
Overseas cash withdrawal commission 0.50% from withdrawal amount + USD 2.75
Adding USD account on the Card (Primary/Supplementary) USD 5 or its equivalent

Blue, Gold and Black / platinum Visa Credit Cards 

Primary Cards Annual / Issuance Fees  Blue - no fees
 Gold - EGP 250
Black - EGP 350
Platinum - EGP 750
supplementary cards Issuance fees
( first year up to 5 Cards )
Free
  supplementary cards Annual fees Blue - no fees
Gold - EGP  125
 Black - EGP  175
Platinum - EGP 375
Cards Re-issuance Fees  Blue - EGP 50
Gold - EGP  125
 Black - EGP  175
Platinum - EGP 375
Pins Re issuance Fees  EGP 20
Cash Advance Fees  Blue- no fees
Gold/Black/platinum  3% from the amount withdrawn with a minimum of EGP 30
Late payment fees Blue- 125 EGP monthly
 Gold/Black/ platinum - 100 EGP monthly
Over limit Fees  Blue - EGP 125 Monthly
Gold - EGP  75 Monthly
 Black - EGP  100 Monthly
Platinum - EGP 150 Monthly
Clearance Letter EGP 100
I - Score Fees  EGP 30
Finance charge (Retail Transaction) : 
 1.99%  Monthly

Finance charge (Cash Transaction) :   2.49 % Monthly 

Internet Shopping Card

Issuance / annual fees (Primary/supplementary cards) EGP 75
Re-Issuance fees (Primary/supplementary cards) EGP 30
Over limit charges EGP 50 Monthly
Late payment fees

Other fees for cards (Electron, Credit Card)

international courier Fees ( cards & pins ) EGP 175 for each 
charge back Request  USD 25 or its equivalent in EGP 

Electronic Services

SMS Alerts

SMS 5 free monthly SMS,  EGP 0.50 for  each extra SMS

Internet Banking (Arabi Online)

Annual Subscription fees free
Re-issuance of pin code EGP 20
E-statement Free Through Arabi Online service

Phone Banking (Hala Arabi)

Annual subscription fees Free
Re-issuance of pin code EGP 20

Phone bills (per line)

Annual Subscription fees landline (National / international) EGP 25
Annual subscription fees (Mobinil) EGP 25

Personal/ Auto/Used Auto Loans

Admin fees Ranges from 1.50% to 2.25%
Penalty Pastdue Installments 2% in addition to the applied loan interest rate (minimum of EGP 100 ) 
Early settlement fees (Partially, Fully) 5% for All Loans except 3% for Secured Loans
License renewal letter authentication EGP 25
Clearance Letter Issuance EGP 100

Securities

Custody 

Transactions Custody Fees (Buy/Sell) 1/1000 of the total invoice
Coupons Collection Fees 6/1000 from coupons value
Annual Custody Fees 1/1000 from the portfolio Market Value (annually collected according to "Misr for Central Clearing" invoices)
Transfer of Custody EGP 100 for every type of securities
Issuing a Statement of account/ transaction/ Freezing Securities EGP 5 
Request for Issuing a Unified Code  EGP 10 
Adding Unified Codes EGP 20
Request for Issuing a List of Shareholders.  EGP 50
Depositing Securities in Custody 1/1000 from market value in the depositing stage with a minimum of EGP 10

EURO BOND

Buying/ Selling fees of EURO BOND USD 1,000 - USD 50,000 (2.5/1000 with minimum of USD 100)
USD 50,001 - USD 100,000 (2/1000)
USD 100,001 - USD 250,000 (1.5/1000)
USD 250,001 - USD 500,000 (1/1000)
more than USD 500,000 (0.75/1000)
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

Others

IPO Subscription Fees 0.25/1000 with a minimum of EGP 20 and maximum of EGP 500
Youmaty Account - Intial Subscription Fees EGP 150
Youmaty Account - Monthly Fees EGP 10