| Cheque Processing |
| Issuing a cash withdrawal form to draw cash, in the absence of cheque leaf (Corporate accounts) |
QR 50 |
| Cheque sent in special clearing (Outward clearing) |
QR 150 per cheque |
| Cheque returned (Inward) due to present again |
QR 650 per cheque |
| Cheque returned (Inward) due to insufficient funds / no funds |
QR 900 per cheque |
| Cheque returned (Inward) due to legally accepted reasons |
Nil |
| Cheque returned (Inward) due to any other reason |
QR 250 per cheque |
| Cheque sent in collection locally |
QR 50 per cheque |
| Stop payment of cheques |
QR 50 per cheque (Personnel accounts) |
| Stop payment of cheque book of any number of leaves |
QR 500 for each cheque book (Corporate accounts) |
| First Cheque book issued upon opening the account |
QR 10 (10 leaves) QR 25 (25 leaves) |
| Cheque books for corporate accounts |
QR 50 (50 leaves) |
| Cheque books with specific design according to the desire of the customer |
Actual cost + QR 30 (25 leaves only) |
| Re-issuance of new cheque book (First cheque book remains free) |
QR 10 (10 leaves) / QR 25 (25 leaves) |
| Delivery of cheque book by mail |
QR 50 per delivery |
| Late payment fees for all past due payments |
QR 100 (QR 25 per cheque) |
| Replacement or cancellation of PDC |
QR 25 per cheque |
| Cheque referral charges |
QR 100 per referral |
| Cheque returned (Outward) |
Free |
|
|
| Signature Verification on Cheque and Good for Payment Cheque |
| Signature verification |
QR 150 against each letter |
|
|
| Instructions to Transfer from Accounts |
| Transfer from one account to another inside the bank |
QR 5 (Corporate accounts) |
| Balance (Sweep) orders |
QR 40 p.m. |
| Transfer instruction on humanitarian reasons for Zakat, Red crescent etc |
Free |
|
|
| Statement of Accounts, Balance Certificate & Advices |
| Issuing a monthly (periodic) statement of account |
QR 50 |
| Statements endorsed by banks other than the periodic one |
QR 50 per statement |
| Statements that show transactions for the past one to five years |
QR 50 per statement |
| Statements that show transactions for more than five years ago |
QR 50 per statement |
| Corporate accounts statements that show transactions within one year |
QR 50 per month |
| Corporate accounts statements that show transactions more than one year |
QR 100 per month |
| Duplicate copy of credit / debit advices |
QR 25 per each |
| Charges for statements sent through MT 940 / MT950 |
QR 500 per month |
|
|
| Requesting Copies of Previously Paid Cheques |
| Less than one year |
QR 100 per cheque (Corporate accounts) |
| More than one year |
QR 200 per cheque (Corporate accounts) |
| Uncollected and destroyed cheque books (more than 90 days) |
QR 1 per cheque leaf (QR 25 for 25 leaf cheque book) Similar to cheque book cost / pricing |
| Uncollected and destroyed ATM cards (more than 60 days) |
QR 50 |
|
|
| Issuing Certificates |
| Issuing of liability letter to other banks |
QR 150 (Corporate accounts) |
| Clearance letter (No liability certificate) |
QR 500 (Corporate accounts) |
| Customer’s balance certificate / or another letter |
QR 150 (Corporate accounts) |
| Balance confirmation certificate to auditors |
QR 500 (Corporate accounts) |
| Issuing letters for companies under establishment to Ministry of Business & Trade (MBT) |
QR 500 |
| Any duplicate credit / debit advices |
QR 25 each |
| Online statement verification (Submitted by customer) |
QR 50 (within a year fixed) |
| Any other a/c investigation by customer |
QR 150 |
| Credit bureau reports (Per facility application / annual review) |
QR 100 per request |
| TOD Overdrawing commission |
QR 150 |
| Charges for Non-Submission of attested authorization letter |
QR 100 per month |
| Safe custody sealed envelope or Box (depends on size) |
QR 100 to QR 500 p.a. |
|
|
| Accounts Services |
| Current Account minimum daily Balance Requirements |
QAR 50,000 or QAR 450 monthly charges if the balance drops below. |
| Wage Protection System “WPS” Corporate Account |
Free |
| Charge for change in account title |
QR 250 |
| Charge for non submission of CR before expiry date |
QR 250 per month |
| Search account number as per request of the customer |
QR 20 |
| Penalty charges for breaking FDR before maturity |
1% less interest to be paid for the period from start date to break date. |
| Re opening of closed accounts |
QR 150 |
| Activation of dormant accounts (Corporate) |
QR 250 |
| Cash withdrawal / deposit from / to foreign currency account |
1% |
| Fees of service invoice payment |
QR 5 |
| Bulk salary processing for third bank (exceed 20 transactions) |
QR 10 per item maximum QR 500 |
| Phone banking services |
Free |
| Log in to account services through internet |
Free |
| Security deposit for any size of locker (Refundable at the time of surrendering locker) |
QR 1,000 (one time) |
| 12 x 33 x 51 (Small size) |
QR 500 p.a. |
| 24 x 33 x 51 (Medium size) |
QR 750 p.a. |
| 32 x 33 x 51 (Large size) |
QR 1,000 p.a. |
| 48 x 33 x 51 (Extra size) |
QR 1,250 p.a. |
| On loss of key |
QR 150 handing charge + actual cost of breaking locker and making new key |
|
|
| Closing of Accounts |
| Fees of closing a corporate current account after 3 months from date of opening |
QR 250 |
| Fees of closing a corporate current account within 3 months from date of opening |
QR 300 |
|
|
| Manager’s Cheques / FCY Draft |
| Issuing commission |
QR 150 (Corporate accounts) |
| Stop payment / cancellation |
QR 100 |
| Postages charges |
QR 50 |
| Courier charges |
QR 125 |
|
|
| Lost or Stop Payment Cheques |
| Charges for lost / stop payment cheques |
QR 50 per cheque |
| Charges for lost / stop payment whole cheque book |
QR 500 per book |
|
|
| Handling Charges / Fees |
| Rate of interest |
At the discretion of Credit Committee |
| Past dues on loans |
5% additional interest or of the discretion at Credit Committee |
| Late payment fee on overdue / past due on loans |
QR 250 |
| Excess over limit on O/Ds |
5% additional interest with a floor rate of 14.5% |
| Handling charges on car loans |
1% up front commission |
| Postponement of loan instalment |
QR 1000 per instalment |
| Extension of repayment period of loan / LTR |
0.50% |
| Prepayment penalty on terms of loan |
2.0% commission or as per the approving authority |
| Casual OD for accounts overdrawn at any point of the month |
TOD at any one point to attract a penal rate 14.5% p.a. |
| Interest rate on Casual overdraft / TOD (with prior internal approval) to be applied as per committee approval. |
| Casual overdraft without prior arrangements |
13.5% p.a. to 14% p.a. |
| Unutilized overdraft charges |
Commitment fee of 0.xx%* p.a will be calculated and charged at the time of renewal on average unutilized amount, in case the average facility utilization is less than 80% of the sanctioned limit.
*standard is 0.5% however, it may vary subject to management approval.
Note:- These charges are subject to, ITD automation is done (These cannot be recovered manually) |
| Draw down fees |
1% of drawdown amount subject to max cap of QR 5,000 |
| Registration of Mortgage per title deed |
QR 1,000 |
| Breach of financial covenants as per terms of credit facility approval |
Flat fee of 0.15% of the outstanding facility amount, under relevant facility payable immediately upon the lapse of grace period |
| Non submission of audited financials with in 4 months of the financial year end |
Up to 4 months no charge |
| 4 to 6 months QR 10,000 |
| More than 6 months QR 25,000 |
| Breach of non financial covenants as per terms of credit facility approval |
For CCB QR 10,000 / For SME QR 2,500 for delay above 4 months |
| Delay in submission of facility and security documents as stipulated in approval terms |
QR 100 per day per pending document (30 days after issuance of FOL) |
| Late submission of adequate insurance and endorsement of policy |
QR 5,000/- per month or part there of |
| Non maintenance of approved facilities to value of securities ratio |
Default interest of 2% PA daily on the value of the shortfall in security cover as per approved terms |
| Valuation report from external valuers |
Actual valuer charges |
| Valuation report from in house resources |
QR 1,500 |
| Management Fee / Commissions & Fees on Funded Facilities |
|
| (To be Applied for Overall Facilities for Fresh and Annual Renewal of Facilities) |
|
| Up to QR. 50 million |
1% flat |
| QR 50 million – QR 100 million |
1% flat |
| Above QR 100 million |
1% flat |
|
|
| Commercial Loans (Includes Refinance /* Bridge Loans/* Syndication Loans) |
|
| Up to QR 50,000,000 |
1% flat |
| QR 50,000,000 to QR 100,000,000 |
1% flat |
| Above QR 100,000,000 |
1% flat |
| Late payment fee on overdue / past due loan |
5% additional interest with a floor rate of 14.50% |
|
|
| Re-Finance Loans |
|
| Extension of refinance loans |
upto 90 days – 1% flat fee, >90 days – 1.5% flat fee |
| Management fee |
As agreed up on |
| Fee unfunded facility |
As agreed up on |
|
|
| Contract/ Project Finance |
|
| Up to QR 50,000,000 |
1% flat |
| QR 50,000,000 to QR 100,000,000 |
1% flat |
| Above QR 100,000,000 |
1% flat |
|
|
| Commission on Project Finance |
|
| Commission on discounting on progress invoices |
1.0% flat |
| LC loan – proposed commission on loan portion |
1.0% flat |
|
|
| Equipment Financing |
|
| At limit level |
1.0% flat |
|
|
| Mortgage Finance (Annual Review Fee) |
|
| Up to QR 50,000,000 |
0.75% flat |
| QR 50,000,000 to QR 100,000,000 |
@0.5% flat max QR 375k |
| Above QR 100,000,000/- |
@0.25% flat max QR 500k |
|
|
| Revision of Handling Charges on Registration of Lien |
|
| Transaction Charges / Fees |
|
| Preparation and registration of mortgage of properties per title deed / Ind. Plot + POA |
QR 1,000 |
| Preparation and registration of Hawalatul Haq |
QR 300 |
| Release of charges on properties / shares or vehicles |
QR 400 |
| Amendment in mortgaged properties |
QR 200 |
| Registration of pledge of shares + POA |
QR 400 |
|
|
| Commission on Project Finance |
|
| Commission on discounting on progress invoices |
0.25% p.a. |
| LC loan – proposed commission on loan portion |
0.25% p.a. |
|
|
| Financing Equipment and vehicles, for Companies under Wholesale Banking Dept |
|
| Commission |
2% on loan amount |
| Handling charges |
QR 550 per drawdown |
| Prepayment penalty |
1% on outstanding amount |
| Additional charges for insurance, in case insurance is not obtained from Sharq Insurance |
QR 500, To be waived in the event the insurance is provided as a package by the dealer |
|
|
| Foreign Remittances (Outward) |
|
| Transferring to another bank outside Qatar |
QR 150 |
| Transferring to other countries (In full) |
QR 250 |
|
|
| Local Remittances (Outward) |
|
| Transferring to another bank inside Qatar |
QR 75 |
|
|
| Charges for Foreign Demand Drafts (FDD) |
|
| G.C.C., Middle East and Asian countries |
QR 75 each FDD |
| Rest of the world |
QR 75 each FDD |
|
|
| Stop Payment, Cancellation and Miscellaneous Charges |
|
| Issuance of duplicate draft |
QR 75 |
| Stop payment and cancellation of FDDs |
QR 100 |
| Stop payment and cancellation |
QR 100 |
| Misc. charges (For additional services required by remitters) |
QR 100 |
|
|
| Foreign Remittances (Inward) |
|
| Inward TT / Swift |
|
| If paid to account holder |
QR 50 |
| If paid to beneficiary’s a/c in 3rd bank |
QR 100 |
| In F/C and paid in QR to local banks |
Buying rate less QR 50, our charges |
|
|
| Inward FDD |
|
| In QR payable to a/c holder |
No charge |
| In F/C to be paid in QR to local banks |
Buying rate less QR 50 |
|
|
| Standing Instructions |
|
| Recording fees |
QR 100 |
| Amendment fee |
QR 100 |
| Cancellation fee |
QR 100 |
| Transfer from one account to another inside the bank |
QR 5 |
| Transferring to another bank inside Qatar |
QR 100 |
| Transferring to another bank outside Qatar (Full) |
In full QR 275 |
| Transferring to another bank outside Qatar |
QR 175 |
|
|
| Instructions to Transfer from Accounts |
|
| Transfer from one account to another inside the bank |
QR 5 |
| Transfer to another bank inside Qatar |
QR 75 |
| Transfer Salaries to other banks in Qatar |
QR 75 per transaction |
|
|
| Outward Foreign Remittance – Quires and Investigation |
|
| Inquiry for outward remittance |
QR 100 + Other bank charges |
| Recall of outward remittance |
QR 150 + Other bank charges |
| Amendment of outward remittance |
QR 100 + Other bank charges |
| Copy of outward remittance |
< 6 months QR 50, > 6 months QR 150 |
|
| Note: 25% rebate on charges for transactions originated from non-credit limit accounts and done through E Channels |
|
|
| Trade Finance Services |
|
| Import Letters of Credit & Amendments |
|
| Import Letter of Credit |
|
| Up to QR 500,000 validity less than 3 months |
Min of QR 500 or 0.50% per quarter whichever is higher |
| If the validity of L/C is more than 3 months and L/C amount is not more than QR 500,000 |
|
| For 1st quarter |
0.50% per quarter |
| For remaining period |
0.125% per month |
| Where L/C amount exceeds QR 500,000 with validity within 3 months |
|
| 1st QR 500,000 |
0.50% per quarter |
| Remaining amount |
0.125% per quarter |
| IF L/C amount is more than QR 500,000 and its validity is also more than 3 months |
|
| 1st QR 500,000 |
0.50% per quarter |
| Remaining amount |
0.125% per quarter |
| For additional 3 months, commission will be calculated on whole L/C amount |
0.0625% (1/16) per month |
| Any increase in amount of L/C or extension in validity period rates of commission will be charged as above. |
|
|
|
| Amendments to Import Letters of Credit |
|
| Any amendments other than amount increase |
QR. 350 |
| Increase in value |
Same as LC issuance |
| Postages |
QR 125 |
| Revolving letter of credit |
Normal charges for I quarter |
| Commission on revolving L/Cs (reinstatement of amount) |
1/8% QR 500 |
| Commission on revolving L/Cs (government) |
1/8% (flat) |
| QR 500,001 and above |
1/16% (flat) |
|
|
| SWIFT / Postage |
|
| Brief cable charges |
QR 365 |
| Swift |
QR 350 |
| Postages |
QR 125 |
| Courier charges |
QR 300 |
| Draft LC |
QR 350 |
|
|
| Deferred Payment (Calculated from the date of expiry or first quarter from the date of issue of LC, whichever is the latest) |
|
| Commission |
|
| Deferred payment commission |
1/8% p.m. irrespective of value min. QR 350 |
| Swift charges |
QR 250 |
| Negotiation commission for local bills under |
0.125% of invoice amount (Minimum QR 350)* |
| Accepted guaranteed draft |
1/8% (0.125%) minimum QR 350 |
|
1/16% (0.0625%) minimum QR 350/- |
| Advising Commission |
up to 100,000 QR.200 |
|
Over 100,000 QR.350 |
| Advising Amendment |
QR.150 |
|
|
| Shipping Guarantee / Delivery Orders |
|
| Shipping guarantees / Delivery orders |
QR 375 + Postages + Handling |
| Postages |
QR 50 |
| Handling |
QR 100 |
|
|
| Bills under Documentary Over Draft |
|
| Advising L/C |
Up to QR 100,000 or equivalent QR 250 |
|
Over QR 100,000 QR.350 |
| Advising amendment |
QR 200 |
|
|
| Negotiation Commission – For Local Bills |
|
| Bill amount up to QR 500K |
1/8 % minimum QR 350 |
| Bill amount more than QR 500K |
1/16 % minimum QR 500 |
| Payment charges |
QR 200 |
| Swift charges |
QR 250 |
| Postages |
QR 75 |
|
|
| Export Letter of Credit |
|
| Pre-Advising |
QR 100 |
| Advising L/C |
Up to 100,000 or equivalent – QR 250 |
|
Over 100,000/- QR 350 |
| Advising amendment |
QR 200 |
| Adding confirmation |
As per arrangement |
| Extension of validity period ,if credit is confirmed |
Same as L/C advising of a confirmed L/C |
| Negotiation commission |
1/8% minimum QR 350 |
| SWIFT payments transfers (local banks) |
QR 250 |
| SWIFT payments transfers (foreign banks) |
QR 250 |
| Transferring L/C charges |
¼% min. of QR750 |
| Amendment advised through local banks |
QR 200 |
| L/C advised through local banks |
QR 350 |
| Swift charges |
QR 365 |
| Advising discrepancies to negotiating bank |
QR 350 |
| Postages |
QR 50 |
| Reimbursement / Remittance commission |
QR 350 per negotiation |
|
|
| Outward Doc. Bills (OFDBC) |
1/8% min. QR 350 |
| Courier |
QR 150 |
| Swift |
QR 250 |
| Postages |
QR 50 |
|
|
| Letter of Guarantee (Local) |
|
| Customer enjoying L/G facility |
|
| Bid bond / Tender bond |
1.5% p.a. minimum QR 500 |
| Performance bond / Other bonds |
2% p.a. minimum QR 500 + handling QR 100 + postage QR 50 |
| Handling and amendment charges |
Same as issuance |
|
|
| Customer who do not enjoy L/G Facility |
|
| Bid bond / Tender bond / Performance bond / Adv. bond |
2% p.a. minimum QR 500 + Handling QR 100 + Postages QR 50 |
| Postages |
QR 50 |
| Further extensions of maturity of guarantees |
Commission for extended period (as per tariff of issuance) |
| Other amendment |
Handling QR 150 + Commission QR 100 |
| Customer who do not enjoy L/G facility BB & PB & ADv |
0.5% p.a. (this is against 100% cash margin) |
|
100% against line on deposit comm will be 0.75% p.a. |
|
|
| Letter of Guarantee (Foreign) |
|
| For all foreign guarantees Bid bond / Tender bond / Performance bond / Payment guarantees |
As per arrangements |
| Telex charges / Swift charges |
QR 200 |
| In addition to commission, further commission will be recovered as handling charge in all the above cases. |
QR 200 |
|
In both local / foreign guarantee ,if secured 100% against lien on deposit, our commission will be 0.75% p.a. or minimum QR 50 |
| Charges for reinstatement of expired guarantees |
Min of QR 500 commission rate to be guided as per facility sanction terms |
| Early cancellation of guarantees |
QR 300 |
| Fax indemnity service |
QR 250 per month or a one-time fee QR 3000 |
|
|
| Inward Documentary Collections (IDBC) and Clean Bills (IBC) |
|
| Up to QR 10,000 |
QR150 |
| QR 10,000 to 100,000 |
1/4% min. QR 200 |
| Over QR 100,000 |
1/8%min. QR 350 |
| Import documentary drawn on other banks |
Same as above |
| Inward clean collection (financial document) |
Same as above |
| Onward collection to other banks in Qatar |
Same as above |
| Swift charge |
QR 250 |
| Postages |
QR 50 |
| Courier |
QR 150 |
| Returned bills |
Comm. + Cost of swift + Handling charges of QR 150 |
| Cheques received in IBC and returned unpaid |
QR 500 each cheque |
|
|
| Clean Bills (Cheques) |
|
| Up to QR 10,000 |
QR 100 flat |
| From QR 10,001 to QR 100,000 |
QR 150 flat |
| Over QR 100,000 |
QR 200 flat |
|
|
| Post Dated Cheques |
|
| a. Commission – if cheque amount up to QR 10,000 |
Commission of 0.25% of the cheque amount (minimum QR 25 and maximum QR 500) |
| b. Post dated cheque commission up to QR 100,000 |
Same as above |
| c. Post dated cheque commission up to QR 500,000 |
Same as above |
| d. Post dated cheque commission up to QR 1 mil. |
Same as above |
| Postages |
QR 50 |
| Safe keeping of a postdated cheque |
Postdated cheques as per our own criteria |
| Loan cancellation after approval |
QR 250 |
|
|
| Local Bills Discounted (Bills under Import LC) |
|
| a. Commission – document value up to QR 100,000 |
QR 200 |
| b. Commission – for document value between QR 100,001 to QR 250,000 |
QR 300 |
| c. Commission – for document value between QR 250,001 to QR 500,000 |
QR 400 |
| d. Commission – for document value between QR 500,001 to QR 1,000,000 |
QR 500 |
| e. Commission – for document value more than QR 1,000,001 |
QR 600 |
| Postages |
QR.50 |
|
|
| Loan against Local Bills (Cheques) |
|
| a. Up to QR 10,000 |
QR 30 |
| b. From QR 10,001 to QR 50,000 |
QR 60 |
| c. For more than QR 50,000 |
QR 125 |
| d. Returned cheques |
QR 50 |
|
|
| Outward Foreign Bills Collection (OFBC) |
|
| Up to QR 500 |
Commission QR 15 + Postage QR 50 |
| From QR 501 to QR 10,000 |
Commission QR 25 + Postage QR 50 |
| From QR 10001 to QR 50,000 |
Commission QR 40 + Postage QR 50 |
| From QR 50,001 to QR 100,000 |
Commission QR 50 + Postage QR 50 |
| From QR 100,001 to QR 500,000 |
Commission QR 100 + Postage QR 50 |
| More than QR 500,000 |
1/32% (0.03125%) + Postage QR 50 |
| Postages |
QR 50 |
| Courier |
QR 185 |
| Swift |
QR 250 |
|
|
| Returned Cheques |
|
| Cheques sent in OBC and returned unpaid |
QR 100 each cheque + F/B charges |
|
|
| Foreign Bills Purchased |
|
| Travelers cheque, foreign demand draft and cheques drawn on foreign banks. |
|
| Cash payment or credit to account (T.C) |
QR 5 per instrument (minimum QR 30) |
| Cash payment or credit to account in same currency (T.C) |
0.50% exchange compensation or minimum QR 50 |
| Cheques, Draft drawn on Foreign Bank to be credited to account only and if: |
|
| Proceeds credited to account in QR |
Buying rate + postage (minimum QR 50) |
| Proceeds credited to F/C account |
0.50% exchange comp. + postage min. US$ 15, or equivalent |
| Cheques purchased & returned unpaid on presentation |
QR 100 each cheque + correspondents charges, if any |
|
|
| Corporate Card Fees & Charges |
| Replacement of Credit Card |
QR 100 |
| Overseas Payment Transaction |
2.50% of transaction amount |
| Cash Advance Fees |
4.5% of transaction amount OR QR 20, whichever is higher |
| Interest Rate |
1% p.m. (12% per annum) as per QCB guidelines |
| Late Payment Fee |
QR 50 |
