Services Price List

Services Price List in Bank of Commerce & Development

Prices of internal clearing transactions:

Statement Price of service
1-Deposit of instruments drawn on the same branch or agency .1% One per thousand
2- Deposit of instruments drawn to other branches and agencies .15% One and a half per thousand
3- Conversion between two accounts within the branch or agency .1% One per thousand
4- Transfer between two accounts outside the branch or agency .15% One and a half per thousand

(Note commission deducted from accounts payable)



Local remittance transaction prices:

Statement Price of service
1. Deposit of clearing instruments on local banks within the city 5.000 dinars for the transaction
2. Deposit of clearing instruments on local expenses outside the city 10.000 dinars for the transaction
3. Payroll 3.000 dinars
4. Transfers to local banks (national payments system)
RTGS · Less than 10.000.000 dinars ·
More than 10.000.000 dinar.

0.25% Two and a half per thousand
0.25% Two and a half per thousand
· Transfers from local banks (RTGS) · Less than 10.000.000 dinars ·
More than 10.000.000 to 100.000.000 dinars ·
More than 100.000.000 to 200.000.000 dinars ·
More than 200.000.000 dinars.

12.000 dinars 24.000 dinars
36.000 dinars
50.000 dinars


Check Transaction Rates:

1. Issuance of check books (individuals)
Statement Price of service
24 papers 15.000 dinars
- 28 papers 30.000 dinars


Issuance of check books (companies)
Statement Price of service
24 papers 30.000 dinars
- 28 papers 60.000 dinars
(Note commission inclusive of stamp duty 10 AED per sheet)


Certified check
Issuing a certified check from a current account in the branch or agency (2.5 per thousand) at least
Statement Price of service
Individuals 10.000 dinars
Companies 20.000 dinars


- Issuing a certified instrument from a current account outside the branch or agency (2.5 per thousand) at least
Statement Price of service
Individuals 15.000 dinars
- Companies 30.000 dinars


Returned checks
Statement Price of service
Returned checks 10.000 dinars
Lost checks 1.000 dinar / paper


Current accounts:

1. Open a current account
Statement Price of service
Individuals 50.000 dinars
National companies 250.000 dinars
Foreign companies 300.000 dinars


The annual commission
Statement Price of service
Individuals 30.000 dinars
National companies 100.000 dinars
Foreign companies 100.000 dinars


Request for an account statement
Statement Price of service
annual Free
More than a year AED 100 / sheet


A bank statement for others 1.000 dinar
Request a copy of the discount or add-on document
- Less than 6 Months 5.000 dinars
- More than 6 Months 10.000 dinars
Rental of personal safes:
Statement Price of service
Large wardrobes 400.000 dinars per year
Medium wardrobes 350.000 dinars per year
Small wardrobes 250.000 dinars per year


Periodic payments to third parties:

Statement Price of service
Electricity, water and telephone bills 3.000 dinars for each installment
Payment of purchase installments 5.000 dinars for each installment


Prices of local e-cards (Kenzi)

Statement Price of service
Fees for issuing Kenzi cards 25.000 dinars
Fees for issuing Kenzi cards instead of lost 25.000 dinars


Prices of international electronic card services

1. Release Fees and Annual fee

Statement Price of service
- Visa / MasterCard Platinum 250.000 dinars
Visa / MasterCard Gold 110.000 dinars
Visa / MasterCard Electron 85.000 dinars
Visa / MasterCard prepaid 75.000 dinars
American Express Gold 150.000 Dollars
American Express Green 75.000 Dollars
American Express Platinum 850.000 Dollars
Reprint fees
Statement Price of service
Visa / MasterCard Platinum 250.000 dinars
Visa / MasterCard Gold 110.000 dinars
Visa / MasterCard Electron 85.000 dinars
Visa / MasterCard prepaid 75.000 dinars
American Express Gold 150.000 Dollars
American Express Green 75.000 Dollars
American Express Platinum 850.000 Dollars


Password Reprint Fees:

A commission to reprint the PIN for all types of local and international cards 25.000 dinars

Electronic bank card services (E-BANKING)

The annual fees for the E-banking services related to the cards are 50.000 dinars annually



Prices of electronic banking services

Individuals

Statement Price of service
Wathba Service 50.000 dinars per year
Mobile banking service 30,000 dinars per year (compulsory service)
E-Banking service 40.000 dinars per year
Notification of operations 10.000 dinars per year


Companies
Statement Price of service
Wathba Service 60.000 dinars per year
Mobile banking service 50,000 dinars per year (compulsory service)
E-Banking service 100.000 dinars per year
Notification of operations 20.000 dinars per year


Swift commissions:

External remittances and collection documents

Statement Price of service
From 0001 to 50.000.000 dollars 50.000 dinars
More than 50.000.000 dollars 100.000 dinars


Documentary Credits :

Statement Price of service
Opening documentary credit 150.000 dinars
Amendments 50.000 dinars
Extension 50.000 dinars
Inquiries 50.000 dinars


Local documentary credits

Letters of credit received

Statement Price of service
Notification of accreditation without adding the promotion for a period not exceeding (3) months .00125 % One-quarter per thousand
Notification of credits with the addition of promotion for a period not exceeding (3) months .0005 % Half per thousand
Payment commission for submitting documents .0015 One-half per thousand
Any amendment to the accreditation 40.000 dinars
Acceptance for each month or part thereof 00125 % One-quarter per thousand


Local issued letters of credit

Statement Price of service
Local issued letters of credit 0.03% Three per thousand
Extension for each month or part thereof .001% One per thousand
Any amendment to the accreditation 40.000 dinars
Transfer to the accreditation to another beneficiary 50.000 dinars

The stamp duty shall be added to the amount of (2) two thousandth of the value of the contract of accreditation



External documentary credits

Credits received (export)

Statement Price of service
Notification of accreditation without adding the promotion for a period not exceeding (3) months 0.005% Five per thousand
Notification of credits with the addition of promotion for a period not exceeding (3) months .001% One per thousand
Extension for each additional month or part thereof .001% One per thousand
Any amendment to the accreditation 50.000 dinars
Payment commission for submitting documents .0015 One-half per thousand
Acceptance for each month .001% One per thousand
Cancellation of accreditation without use 150.000 dinars
Documentary credits issued (import)

Statement Price of service
Enhanced credit for a period not exceeding (3) months 1% One per thousand
Extension for each month or part thereof .001% One per thousand
Any amendment to the accreditation 25.000 dinars
Transfer to the accreditation to another beneficiary 100.000 dinars
The deferred commission from the date of submission of the documents to the trading date to maturity .001% One per thousand

The stamp duty shall be added to the opening contract of the credit (.002%) two per thousand of the value of the credit



Letters of guarantee issued
Statement Price of service
Cash deposit of 25% 4% or 1.5 per thousand on the entire letter of guarantee which is better for the bank
With a cash deposit of 50% 5% or 2.5 per thousand on the entire letter of guarantee, whichever is better for the bank
100% cash deposit One per thousand per month
Bills of payment


Bills received from foreign sources

Statement Price of service
From 1.000 to 5.000.000 dinars 3 per thousand + currency difference 3 per thousand
From 5.001.000 to 10.000.000 dinars 2 per thousand + currency difference 2 per thousand
From 10.001.000 and above 1 per thousand + currency difference 2 per thousand


Of bills drawn out of Libya

Statement Price of service
From 1.000 to 5.000.000 dinars 3 per thousand + currency difference 3 per thousand
From 5.001.000 to 10.000.000 dinars 2 per thousand + currency difference 2 per thousand
From 10.001.000 and above 1 per thousand + currency difference 2 per thousand


Bills returned without payment (Without protest)
Statement Price of service
From 1. to 5.000.000 dinars 5.000 dinars
From 5.001.000 to 10.000.000 dinars 15.000 dinars
From 10.001.000 and above 25.000 dinars


Foreign bills received from local banks and demanding expenses
Statement Price of service
From 1. to 5.000.000 dinars 3 per thousand + currency difference 3 per thousand
From 5.001.000 to 10.000.000 dinars 1 per thousand + currency difference 2 per thousand
From 10.001.000 and above 1 per thousand + currency difference 2 per thousand

Taxation of bills in two per thousand of the value of the bill of exchange and a reduction to half of the tax due on the bill of exchange and on-line documents established abroad if the tax was paid in accordance with the legislation in force in his country.



Documents collection fees
Statement Price of service
Delivery with payment 4%
Delivery without payment 2%
Returning unpaid documents 100.000 dinars


Foreign instruments

Purchased instruments drawn from banks abroad

Statement Price of service
From 1.000 to 5.000.000 dinars 4.5 per thousand + currency difference 2 per thousand
More than 5.000.000 dinars 3 per thousand + currency difference 2 per thousand

Including withdrawals under periodic letters of credit



Instruments sent with collection fees
Statement Price of service
To 5.000.000 dinars 3 per thousand
More than 5.000.000 dinars 2.5 per thousand


Sold instruments drawn on expenses abroad
Statement Price of service
From 1.000 to 5.000.000 dinars 1.5 per thousand + currency difference 3 per thousand
More than 5.000.000 dinars Currency difference 3 per thousand


Foreign remittances

Transfers received from banks abroad

Statement Price of service
2.5 per thousand to 5.000.000 dinars Not less than 5,000 dinars
2 per thousand from 5.001.000 dinars Not less than 15,000 dinars


Transfers to foreign banks
Statement Price of service
To 100.000.000 dinars 10 per thousand
From 100.000.000 to 200.000.000 dinars 7.5 per thousand
More than 200.000.000 dinars 5 per thousand
Transfers issued from foreign currency accounts 5 per thousand