Fees & Commissions
Fees & Commissions
Commissions
|
Type of Banking Service |
Banking Fee Amount/Rate |
Explanations |
|
Outward transfer with wrong or no IBAN code |
USD 5 |
USD 2 minimum deducted from the outward transfer net value. |
|
Inward transfer from banks outside Palestine
|
USD 4 |
Over USD 5000. |
|
Inward transfer from banks outside Palestine |
USD 2 |
Less than USD 5000. |
|
Inward transfers (between accounts within the bank) |
USD 2 |
Up to USD 3000. |
|
USD 4 |
From USD 3.000 to USD 20.000 |
|
|
USD 20 |
Over USD 20.000 |
|
|
Outward transfers inside Palestine
|
USD 5 + USD 1 (Buraq and Swift fees)
|
Up to 3000 USD |
|
USD 8 + USD 1 (Buraq and Swift fees) |
From USD 3.000 to USD 20.000
|
|
|
USD 20 + USD 1 (Buraq and Swift fees) |
From USD 20.000 to USD 100.000
|
|
|
Max. 5% + USD 1 (Buraq and Swift fees) |
Over to 100.000 USD.
|
|
|
Outward transfers outside Palestine |
USD 5 + USD 1 (Buraq & Swift fees) Correspondent banks not included |
Up to 3000 USD |
|
USD 20 + USD 1 (Buraq & Swift fees) Correspondent banks not included |
From USD 20.000 to USD 100.000
|
|
|
USD 70 + USD 1 (Buraq & Swift fees) Correspondent banks not included |
Up to 100.000 USD. |
|
|
Max. 5% + USD 1 (Buraq & Swift fees) Correspondent banks not included |
Over to 100.000 USD. |
|
|
Outward transfers outside Palestine enquiry |
USD 7 |
Correspondent banks not included |
|
Re-dircting a transfer between banks |
Treated as outward transfer; the commission is determined depending on the type of transfer up to the maximum commission for an outward transfer |
|
|
Outward transfers amendment |
Treated as outward transfer commission with maximum value of USD 15. |
Treated as an outward transfer |
|
Request of retrieval of outward transfer |
50% of the issuance commission + Correspondent bank fees |
It must not exceed the bank’s actual spending’s Correspondent banks not included |
|
Outward remittances on the same day |
USD 5 + commission and fees for Correspondent Bank |
|
|
Issue an entitled remittances |
USD 30 |
|
|
Western Union Transfers |
Subject to Western Union's pricing policies which are disclosed by the Company on its official website. |
|
|
Type of Banking Service |
Banking Fee Amount/Rate |
Explanations |
|
Cheque Book issuance (20 leaves) |
USD 7 |
For books more or less than 20 pages; USD 0.35 per leave |
|
Commercial Cheque Book issuance (20 leaves) |
USD 15 |
USD 2 + printing costs |
|
Collection of local cheques; with an amount less than USD 10,000 or its equivalent in other currencies |
USD 0.5 per cheques |
Charges of Buraq system included. |
|
Collection of local cheques; with an amount above USD 10,000 and above USD 100,000 or its equivalent in other currencies |
5 USD |
Charges of Buraq system included. |
|
Collection of local cheques; with an amount above USD 100,000 or its equivalent in other currencies |
15 USD |
Charges of Buraq system included. |
|
Collection of cheques drawn fromIsraeli banks |
0.5 USD per cheque |
Purchased and Postponed. |
|
Returned cheque due to insufficient balance |
USD 15 |
Collected from cheque issuer |
|
Suspension of cheque payments |
10 USD |
Commission charged to cheque owner in the case of an incorrectly written or signed cheque |
|
Stop payment of cheques (suspend) |
USD 0.5 / Cheque |
Charged on cheques books with serial numbers |
|
USD 5 / Cheque |
Charged on cheques books without serial numbers |
|
|
Traveler cheques purchase/issuance |
0.001 of the cheque value, with minimum. USD 25 charge or its equivalent in other currencies |
|
|
Deposit of collection cheques |
0.5 USD/ Cheque |
|
|
Withdrawal of collection cheques |
0.5 USD/ Cheque |
|
|
Bank draft issuance |
USD 20 |
Without amount limits |
|
Cheque clearance |
USD 5 or its equivalent in other currencies |
|
|
Collection of foreign cheques |
0.001 of the cheque value , with min. USD 10 charge or its equivalent in other currencies |
Postal costs and correspondent bank commissions not included |
|
Returned foreign cheques (outside Palestine) |
NIS 40 charge per cheque or its equivalent in other currencies |
NIS 25 of the NIS 40 charge is paid to the corresponding bank |
|
Type Of Banking Service |
Banking Fee Amount/Rate |
|
Credit application (Cancellation or issuance of a new Letter of Credit) |
0.625% with minimum USD 100 charge |
|
Credit coverage |
USD 50 |
|
Credit notification |
USD 200 |
|
Credit transfer |
USD 50 |
|
Alteration of credit terms (Issued/received) |
USD 50 |
|
Special Credit Certificate request |
USD 50 |
|
Increase of credit limits |
USD 50 Minimum |
|
Cancellation of credit |
USD 100 |
|
Trading of credits facilities |
USD 100 |
|
Presentation of documents that violate accreditation requirements |
USD 50 |
|
Extension of credits facilities |
0.625% with min USD 50 |
|
Type Of Banking Service |
Banking Fee Amount/Rate |
| Issuance of a bill for collection | 0.625% with a minimum of $50 |
| Notification of Inward bills for collection | 0.625% with a minimum of $50 |
| Bill amendment fees (non-financial amendment) | $30 |
| Bill amendment fees (financial amendment) | 0.625% with a minimum of $50 |
| Transfer fees for withdrawals of inward/outward bill | $50 |
| Return of bill documents for non-payment or non-acceptance | $50 |
| Transfer fees for inward cheques bills to another bank | $50 |
| Collection fees for inward checks under clean collection from Jordanian banks | 35 Jordanian Dinars |
| Government bond - Safe custody | 20$ |
| Government bond - Collection at maturity | 40$ |
| Transfer fees for inward cheques from Jordan to another local bank for collection | 20 Jordanian Dinars |
|
Type Of Banking Service |
Banking Fee Amount/Rate |
|
Acceptance of a timely cash withdrawal (guaranteed/ not guaranteed) |
0.625% with a minimum USD 100 charge |
|
Incoming deferred withdrawal |
0.625% with a minimum USD 100 charge |
|
Type Of Banking Service |
Banking Fee Amount/Rate |
|
Issuance of a guarantee letter of all kinds and / or Extended |
From 0.02 to 0.04 of the guarantees value, with a minimum USD 35 charge or its equivalent in other currencies |
|
Partially covered guarantess |
From 0.02 to 0.04 of the guarantees value, with a minimum USD 35 charge or its equivalent in other currencies |
|
not covered guarantees |
35 dollars or its equivalent, and no commissions are charged upon liquidation the guarantee |
|
Amendment of a guarantee |
USD 35 or its equivalent in other currencies |
|
Altering a guarantee |
USD 35 or its equivalent in other currencies |
|
Type Of Banking Service |
Banking Fee Amount/Rate |
Explanations |
|
Issuance and renewal of main or additional credit card (Tayseer) or of a replacement card due to loss or damage |
Issuance and renewal are free of charge Fee for issuance of new card due to damage is USD 20 |
The Bank shall collect the Visa card fees on a monthly basis according to the terms of the customer's account. |
|
Credit card issue or renewal (Gold Card), or the issue of a replacement card due to loss or damage |
Annual issuance charge is USD 70, an additional card is USD 35 annually, the charge to issue a replacement card (lost or damaged) is USD 35 |
|
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Cash withdrawal using a credit card |
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Cancellation fees of the Tayseer credit card |
USD 20 |
|
|
ATM (debit card) card issuance and renewal |
USD 5 annually |
Billed annually |
|
ATM card replacement in case of loss or damage |
USD 5 |
|
|
Credit and ATM cards issuance of new PIN code |
USD 4 |
Pin code can be changed for free through an ATM |
|
Cash withdrawal from other banks’ ATMs inside Palestine |
USD 0.25 or equivalent in other currencies |
Exemptions are subject to the policies of other banks within Palestine. |
|
Balance inquiry through non-PIB ATMs within Palestine |
NIS 0.5 or its equivalent in other currencies |
|
Type Of Banking Service |
Banking Fee Amount/Rate |
Explanations |
|
Set-up fees for individuals |
USD 1 |
Sub-account |
| Set-up fees for corporates or institutions accounts |
USD 6 |
Commission charged once only regardless of the number of sub-accounts |
| Commission on the reopening of a main account for corporates or institutions |
USD 2 |
|
|
Current account maintenance fee |
USD 2 for individuals USD 4 for corporates and institutions |
Monthly |
|
Administration fees for a dormant account (An account is classified as dormant in case of no DR/CR transactions observed for one year, except for interests or commissions) |
USD 1.5 |
Monthly; the charging of other commissions and charges related to account administration will be waived. No commission will be charged on the decedents’ saving accounts until transferred to heritor(s) |
|
Type of Banking Service |
Banking Fee Amount/Rate |
Explanations |
|
Postponement of repayment(s) |
USD 10 |
|
| Altering/dropping guarantor |
USD 5 |
|
|
Request a credit report |
NIS10 |
According to the Palestinian Monetary Authority Instruction No. (3/2017) |
|
Amendment or alteration of collateral (e.g., change of mortgage) |
USD 10 |
|
Type Of Banking Service |
Banking Fee Amount/Rate |
Explanations |
|
Bills and Tax vouchers payment |
USD 0.5 |
At the counter |
|
Standing Orders |
USD 5 |
Collected once a year when requesting periodic standing order or its amendment, excluding standing orders for facilities due payments |
|
Safe Boxes/small/medium/ large |
Small Box |
|
|
USD 75 annually |
Medium size Box |
|
|
USD 120 annually |
Large size Box |
|
|
Mail expenses |
Within cost limits |
|
|
Coin deposit |
0.02 |
Subject to additional correspondent bank’s commission |
|
Account statement request (nonperiodical) upon the client’s request |
USD 0.15 per page |
|
|
Account statement request for a closed account |
USD 5 |
|
|
Copy of documents/cheques |
USD 0.5 per document |
For documents less than 1 year old |
|
Certificates; volume of transactions, balance, solvency, quittance, interests and commissions for tax purposes, Confirmation letter for audit purposes |
USD 5 for individuals |
|
| USD 10 for corporates and institutions | ||
|
Damaged Cash deposit |
0.05 |
correspondent bank’s commission or any other shipment cost |
|
Fees for signature authentication, upon the request of internal/external bodies |
USD 5 |
|
|
Online Banking Services for corporates and institutions |
Bank must obtain prior written consent before the services is activated. |
|
| Cash withdrawals over the counter |
USD 1 per withdrawal |
Collected from all clients except those not eligible to obtain ATM card and those with physical disabilities (deaf, dumb, blind) and illiterate clients. |
|
Cash deposit in ILS |
0. 2% |
Daily cash deposits for amounts exceeding ILS 100,000 are subject to a commission fee. The Bank may collect the commission on the total monthly deposits worth more than 2 million shekels, provided that deposits that have already been charged a commission within the daily limit are not included in the calculation |
|
Deposit in one branch and withdrawal from another |
0.025% or USD 10, whichever is less |
Commission charged if deposit is in one branch and withdrawal is from another on the same day |
|
Commission of deposit or withdrawal in any currency except (JOD, USD, NIS) |
0.002 |
Commission payable on amounts exceeding 20,000 ( no charge for amounts under 20,000 or for the first 20,000 deposited or withdrawn) |
|
Instruction acceptance by fax |
USD 5 |
One-time commission |
|
Commission for Power of Attorney for individuals |
USD 5 |
|
|
Disbursement of grants and aids by means of the names of beneficiaries |
USD 3 |
|
|
Commission for dividing heirs' shares |
USD 5 |
Per share excluding minors |
|
Modify or add or delete authorized signatories |
USD 3 |
For each signature that is modified, added or canceled. |
Rate
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