uae
International Presence | Uae | Service Charges
General conditions:
- Any fees listed herein apply only to normal transactions. The Bank reserves the right to levy charges for any services rendered at its sole discretion.
- Accounts may also attract some additional charges when the operating costs exceed the value of the account.
- Other expenses, such as stamps, postages, cable, fax ,courier charges etc. not included in this schedule will be charged as and when incurred.
- Charges for any services not mentioned in this booklet will be available upon request.
- All terms and conditions mentioned in this schedule are subject to amendment without any prior notice.
- Updated tariff of our T&C are available on our website: www.blomfrance.com
- These charges are valid from June 1st 2010
| |
Charges |
additional description |
-
-
1- Fees on Deposit Accounts & Min Balance Requirement
| Current Account in AED or Foreign Currencies |
AED 100 or Equivalent per month if Min balance is below AED 25,000 |
|
| |
Free if over AED 25,000 |
|
| Call Accounts |
AED 50,000 Minimum or Equivalent |
No interest will be paid if balance falls below the minimum required |
| A - Overdrafts will be as per the FSL advised to the customer and subject to change |
|
B - The Bank reserves the right to raise the minimum balance requirement and /or impose a transaction charge on an account if the number of transactions exceed an acceptable level
|
-
2- Fixed Deposits
| |
AED 100,000 Minimum or Equivalent |
|
| Withdrawal before maturity in All Currencies |
A 2% penalty will be applied as per the prevailing rate at the time of withdrawal |
|
| |
The Penalty will be at the Bank's discretion in line with market rates |
|
-
3- Facilities and Loans
| Set up & Renewal of facilities |
Credit facilities would attract charges left at the sole discretion of the Bank and which will be advised at the time to the sanction of these facilities |
|
| Commitment Fee only on Loans |
A fee on unutilized facility will be charged on quarterly basis or as per agreement |
|
-
4- Documents
| External Auditors Confirmation |
AED 150 |
|
| Certificate of Balances Held |
AED 75 |
|
| No Liability Letter |
AED 150 |
|
| Release Letter |
AED 100 |
|
Liability Letter issued to Government or Embassies
|
AED 150 |
|
| Liability Letter issued to Financial Institutions |
AED 150 |
|
| Status Report |
AED 100 |
|
-
5- Cheques
| Cheque Book Issuance |
|
|
| First Checkbook |
Free |
AED 50 will be levied per cheque book if not collected within 2 Months |
|
Additional
- 10/25 Leaves
- 50 Leaves
|
-
AED 10
AED 15
|
|
| Returned Unpaid Cheques |
|
|
| - Deposited in the account and returned unpaid from clearing |
AED 25 |
|
| - Cheques drawn on us and returned unpaid for "Insufficient funds" |
AED 200 |
|
| * Accounts which have more than 4 cheques returned unpaid for Insufficient funds will be closed and account holder name will be reported to the UAE Central Bank for blacklisting |
| |
|
|
| Stop Payment Lost Cheque |
AED 100 per item |
|
| Copies of Paid Cheques or other document |
AED 25 |
Up to Six Months |
| |
AED 150 |
Over 6 Months |
| Special Clearing |
|
|
| - Drawn on us |
AED 75 |
Settled by Managerial Cheque |
| |
AED 125 |
Settled by SWIFT Transfer |
| - Drawn on Other Banks |
AED 250 |
If presented by our representative |
| |
AED 125 |
If presented directly by customer |
| AED Cheques for Clearing |
Free |
|
| AED Cheques for Collection (PDC) |
AED 15 per item |
|
| AED Cheques Discounted |
AED 10 per item (Minimum AED 25 per schedule) |
In addition to interest a 1/8% commission is levied on full amount |
| Cheques in Foreign Currencies |
AED 50 or equivalent per item |
Plus Agent's commission if any |
| Certification of Cheque |
AED 50 per cheque |
|
| Hold Mail Charges |
AED 50 per Month |
|
-
6- Cash Deposits
| in AED |
Free |
|
| in US$ |
An Exchange commission of 1% (Min AED 50) will be charged |
|
-
7- Other Account Fees
| Closure of Account |
AED 400 |
If closed within 3 months of opening |
| Dormant Account |
No Fees |
|
| Duplicate/Copy of Statement of Account |
|
|
| - Up to Three Months |
AED 25 |
|
| - Up to Six Months |
AED 50 |
|
| - Up to 1 Year |
AED 100 |
|
| - Over than 1 Year |
AED 300 |
|
-
8- Other Payment Fees
| Standing Order |
AED 100 |
|
| Wages Protection System |
|
|
| - Per Batch |
AED 75 |
|
| - Per transfer charges |
AED 1 |
|
-
9- Personal & Auto Loans
| Interest Rate |
As per prior agreement |
|
| Arrangement Fees |
As per prior agreement |
Minimum AED 350 |
| Commission |
1% flat |
|
| Insurance |
As per prior agreement |
|
| Penalty rate for repayment prior to maturity |
As per prior agreement |
|
| Penalty rate in case of default or late payment |
2% over the existing loan rate |
|
| Instalment default fee |
AED 150 |
|
| Instalment deferral fee |
AED 100 |
+ interests |
-
10- Inward Transfers
| (All Inward Transfers are subject to AML clearance) |
| In UAE Dirhams |
|
|
| - Credit to Customer's account with us |
Free |
|
| In foreign currency |
|
|
| - Credit to Customer's account with us |
US$ 15 or Equivalent |
|
| - Paid Cash |
1% (Min AED 50 or Equivalent) |
|
| - Transferred to Another Bank |
US$ 30 or Equivalent |
|
| |
|
|
-
11- Outward Transfers
| UAE Dirham / Central Bank |
AED 75 |
|
| Foreign Currency (1 Message) |
AED 75 or Equivalent |
Plus Agent's commission in any |
| Foreign Currency (2 Messages) |
AED 125 or Equivalent |
Plus Agent's commission in any |
| Beneficiaries account with BLOM Group |
Special rate will be applied |
|
-
12- Banker’s Cheque
| Managerial Cheques in AED |
0.10% of cheque amount or Min AED 50 – Max 100 |
|
| Cheques in US$, STG, EUR, Etc… |
0.10% of cheque amount or equivalent Min AED 50 – Max 100 |
|
-
13- Outward Documentary Collection
| At Sight or Term |
1/8% flat, Minimum AED 200 plus postage & Swift |
|
| Free of Payment |
¼% flat, Minimum AED 200 plus postage & Swift |
|
-
14- Inward Documentary Collection
| At Sight or Acceptance |
1/8% flat, Minimum AED 150 plus postage & Swift |
|
| Free of Payment |
¼% flat, Minimum AED 150 plus postage & Swift |
|
| If document are not withdrawn after 1 month of receipt |
AED 150 per month |
|
| If Acceptance not settled within 1 month of receipt |
AED 150 per month |
|
-
15- Import Letters of Credit
| L/C’s up to and including AED 300,000 or equivalent |
1/8% per month (minimum 3/8%) or AED 250 whichever is higher |
|
| L/C’s over AED 300,000 or equivalent |
1/8% per month on AED 300,000 plus 1/16% per month on balance. (minimum charge for a 3 month period) |
|
| |
|
|
| SWIFT charges |
| Opening |
AED 300 |
|
| If L/C is over 3 pages |
AED 50 per page additional page (Min 100) |
|
| Amendment |
AED 100 |
|
| Postage & Handling charges |
AED 25 |
|
| Amendment |
AED 250 per amendment; for extensions & increases, same commissions as opening applies |
|
| Acceptance |
3/16% per month (Min AED 300) |
|
| Un-utilized L/C |
AED 350 |
|
| Excess Drawing commission |
1/8% on excess (minimum AED 250) |
|
| Discrepant Documents |
US$ 75 or Equivalent (to be deducted from the proceeds) |
|
| Back to Back L/C’s issuance |
3/8% Additional processing fee AED 500 |
|
| |
|
|
| |
| Revolving L/C Commission |
3/8% of L/C value irrespective of amount and validity. Min AED 250 plus 1/8% on each negotiation |
|
| Transferable L/C's |
AED 500 flat + Issuance charges |
|
| Standby L/C's - Issuance |
2% p.a. Min AED 250 |
|
| |
|
|
-
16- Export Letters of Credit
| Advising commission |
AED 250 or equivalent |
|
| Amendment advising commission |
AED 150 |
|
| Confirmation (subject to approval by the Bank) |
On case by case basis |
|
| Negotiation / Acceptance commission |
3/16% flat (Min AED 300) |
|
| Out of Pocket Expenses |
Min US$ 25 or Equivalent & other charges |
|
| Courrier Charges |
|
|
| - Within UAE |
AED 75 |
|
| - Other Countries |
Between AED 200 & 250 |
Depending on Country Destination |
| |
|
|
-
17- Letters of Guarantee
| Issuance |
1.50% p.a. (Min 3 months) subject to a minimum of AED 150 up to 1 year validity. 2% p.a. for auto renewable |
|
| Extensions/amendment in amount |
Same as issuance |
|
| Shipping Guarantees |
1/8% of the invoice value less margin held. Min AED 150 |
|
| Labour Guarantees |
|
|
| - 100% Margin |
1% p.a. Flat - Min AED 150 |
|
| - if less than 100 Margin |
2% p.a. Flat - Min AED 150 |
|
| Postage |
AED 25 |
|
| |
|
|
| Courier Charges |
| Within UAE |
AED 75 |
|
| Other Countries |
Depending on Country & on Courier provider – Minimum AED 200 |
|
| Set up & Renewal of Facilities |
Credit facilities would attract charges left at the sole discretion of the Bank and which will be advised at the time to the sanction of these facilities |
|
| Commitment Fee only on Loans |
A fee on un-drawn facility will be charged on quarterly basis, as per agreement |
|
-
18- Safe Deposit Lockers
| Refundable Deposit |
AED 1000 |
|
| Replacement of Lock/Key |
At cost |
|
| |
|
|
| Annual Charges |
| Small |
AED 500 |
|
| Medium |
AED 600 |
|
| Big |
AED 700 |
|
| Large |
AED 900 |
|
-
19- eBanking
| Subscription |
Free |
|
| Token Security Deposit |
AED 200 |
|
| Token Replacement |
AED 200 |
|
-
20- Cards
| BLOM BANK SAL, LEBANON Credit Cards |
| Type |
Issuance Charge (US$) |
Suplementary |
| Platinum |
150 |
250 |
| Gold |
Free |
100 |
| Classic |
Free |
40 |
| Internet |
Free |
20 |
| |
|
|
| BLOM BANK FRANCE - U.A.E. Marstercard Direct Debit Card |
| Issuance Premium or Classic |
Free |
Free |
| Replacement |
AED 50 |
AED 50 |
| PIN reissue |
AED 25 |
AED 25 |
| Charge back process per case |
AED 100 |
AED 100 |
| Copy of Transaction |
AED 35 |
AED 35 |
|
| |
| |
| |
| |
Charges |
additional description |
-
-
1- Fees on Deposit Accounts & Min Balance Requirement
| Current Account in AED or Foreign Currencies |
AED 25 or Equivalent per month if Min balance is below AED 3,000 |
|
| |
Free if over AED 3,000 |
|
| Call Accounts |
AED 20,000 Minimum or Equivalent |
No interest will be paid if balance falls below the minimum required |
| A - Overdrafts will be as per the FSL advised to the customer and subject to change |
|
B - The Bank reserves the right to raise the minimum balance requirement and /or impose a transaction charge on an account if the number of transactions exceed an acceptable level
|
-
2- Fixed Deposits
| |
AED 50,000 Minimum or Equivalent |
|
| Withdrawal before maturity in All Currencies |
A 2% penalty will be applied as per the prevailing rate at the time of withdrawal |
|
| |
The Penalty will be at the Bank's discretion in line with market rates |
|
-
3- Facilities and Loans
| Set up & Renewal of facilities |
N/A |
|
| Commitment Fee only on Loans |
N/A |
|
-
4- Documents
| External Auditors Confirmation |
AED 150 |
|
| Certificate of Balances Held |
AED 50 |
|
| No Liability Letter |
AED 100 |
|
| Release Letter |
AED 50 |
|
| Liability Letter issued to Government or Embassies |
AED 100 |
|
| Liability Letter issued to Financial Institutions |
AED 100 |
|
Status Report
|
AED 100 |
|
-
5- Cheques
| Cheque Book Issuance |
|
|
| First Cheque Book |
Free |
AED 50 will be levied per cheque book if not collected within 2 Months |
|
Additional
- 10/25 Leaves
- 50 Leaves
|
-
AED 10
AED 15
|
|
| Returned Unpaid Cheques |
|
|
| - Deposited in the account and returned unpaid from clearing |
Free |
|
| - Cheques drawn on us returned unpaid for "Insufficient funds" |
AED 100 |
|
| * Accounts which have more than 4 cheques returned unpaid for Insufficient funds will be closed and account holder name will be reported to the UAE Central Bank for blacklisting |
| Stop Payment lost Cheque |
AED 50 per item |
|
| Copies of Paid Cheques or other document |
AED 10 |
Up to 1 Year |
| |
AED 20 |
Over 1 year |
| Special Clearing |
|
|
| - Drawn on us |
AED 75 |
Settled by Managerial Cheque |
| |
AED 125 |
Settled by SWIFT Transfer |
| - Drawn on Other Banks |
AED 250 |
If presented by our representative |
| |
AED 125 |
If presented directly by customer |
| AED Cheques for Clearing |
Free |
|
| AED Cheques for Collection (PDC) |
AED 15 per item |
|
| AED Cheques Discounted |
AED 10 per item (Minimum AED 25 per schedule) |
In addition to interest a 1/8% commission is levied on full amount |
| Cheques in Foreign Currencies |
AED 50 or equivalent per item |
Plus Agent's commission if any |
| Certification of Cheque |
AED 50 per cheque |
|
| Hold Mail Charges |
AED 50 per Month |
|
-
6- Cash Deposits
| in AED |
Free |
|
| in US$ |
An Exchange commission of 1% (Min AED 50) will be charged |
|
-
7- Other Account Fees
| Closure of Account |
AED 100 |
If closed within 1 year of opening |
| Dormant Account |
No Fees |
|
| Duplicate/Copy of Statement of Account |
|
|
| - Up to Three Months |
Free |
|
| - Up to Six Months |
AED 50 |
|
| - Up to 1 Year |
AED 100 |
|
| - Over than 1 Year |
AED 300 |
|
-
8- Other Payment Fees
| Standing Order |
AED 50 |
|
| Wages Protection System |
|
|
| - Per Batch |
N/A |
|
| - Per transfer charges |
N/A 1 |
|
-
9.1- Personal Loans
| Interest Rate |
As per prior agreement |
|
| Processing Fees |
1% of Loan Amount |
Min AED 500 Max AED 2500 |
| Credit Life Insurance |
At Bank's discretion |
|
| Penalty rate for repayment prior to maturity |
AED 100 Flat |
|
| Penalty rate in case of default or late payment |
2% of delayed amount |
Min AED 50 Max 200 |
| Loan Top Up |
1% of the top up amount |
Min AED 500 Max AED 2500 |
| Deferment of installment |
AED 100 per deferment |
+ interests |
| Loan Resheduling Fee |
AED 250 |
|
| Revolving Overdraft Fees |
AED 200 |
|
| Loan Cancellation Fee |
AED 100 |
|
-
9.2- Auto Loans
| Interest Rate |
As per prior agreement |
|
| Processing Fees |
1% of Loan Amount |
Min AED 500 Max AED 2500 |
| Credit Life Insurance |
At Bank's discretion |
|
| Early sefftlement of Car Loans |
AED 100 Flat |
|
| NOC to Trafic Department |
|
|
| Payment of Installment in Advance |
Free |
|
| Penalty rate in case of default or late payment |
2% of delayed amount |
Min AED 50 Max 200 |
| Loan Resheduling Fee |
AED 250 |
|
| Revolving Overdraft Fees |
AED 200 |
|
| Loan Cancellation Fee |
AED 100 |
|
-
10- Inward Transfers
| (All Inward Transfers are subject to AML clearance) |
| In UAE Dirhams |
|
|
| - Credit to Customer's account with us |
Free |
|
| In foreign currency |
|
|
| - Credit to Customer's account with us |
US$ 15 or Equivalent |
|
| - Paid Cash |
1% (Min AED 50 or Equivalent) |
|
| - Transferred to Another Bank |
US$ 30 or Equivalent |
|
| |
|
|
-
11- Outward Transfers
| UAE Dirham / Central Bank |
AED 75 |
|
| Foreign Currency (1 Message) |
AED 75 or Equivalent |
Plus Agent's commission in any |
| Foreign Currency (2 Messages) |
AED 125 or Equivalent |
Plus Agent's commission in any |
| Beneficiaries account with BLOM Group |
Special rate will be applied |
|
-
12- Banker’s Cheque
| Managerial Cheques in AED |
AED 30 |
|
| Cheques in US$, STG, EUR, Etc… |
Equivalent of AED 30 |
|
-
13- Outward Documentary Collection
| At Sight or Term |
1/8% flat, Minimum AED 200 plus postage & Swift |
|
| Free of Payment |
¼% flat, Minimum AED 200 plus postage & Swift |
|
-
14- Inward Documentary Collection
| At Sight or Acceptance |
1/8% flat, Minimum AED 150 plus postage & Swift |
|
| Free of Payment |
¼% flat, Minimum AED 150 plus postage & Swift |
|
| If document are not withdrawn after 1 month of receipt |
AED 150 per month |
|
| If Acceptance not settled within 1 month of receipt |
AED 150 per month |
|
-
15- Import Letters of Credit
| L/C’s up to and including AED 300,000 or equivalent |
1/8% per month (minimum 3/8%) or AED 250 whichever is higher |
|
| L/C’s over AED 300,000 or equivalent |
1/8% per month on AED 300,000 plus 1/16% per month on balance. (minimum charge for a 3 month period) |
|
| |
|
|
| SWIFT charges |
| Opening |
AED 300 |
|
| If L/C is over 3 pages |
AED 50 per page additional page (Min 100) |
|
| Amendment |
AED 100 |
|
| Postage & Handling charges |
AED 25 |
|
| Amendment |
AED 250 per amendment; for extensions & increases, same commissions as opening applies |
|
| Acceptance |
3/16% per month (Min AED 300) |
|
| Un-utilized L/C |
AED 350 |
|
| Excess Drawing commission |
1/8% on excess (minimum AED 250) |
|
| Discrepant Documents |
US$ 75 or Equivalent (to be deducted from the proceeds) |
|
| Back to Back L/C’s issuance |
3/8% Additional processing fee AED 500 |
|
| |
|
|
| |
| Revolving L/C Commission |
3/8% of L/C value irrespective of amount and validity. Min AED 250 plus 1/8% on each negotiation |
|
| Transferable L/C's |
AED 500 flat + Issuance charges |
|
| Standby L/C's - Issuance |
2% p.a. Min AED 250 |
|
| |
|
|
-
16- Export Letters of Credit
| Advising commission |
AED 250 or equivalent |
|
| Amendment advising commission |
AED 150 |
|
| Confirmation (subject to approval by the Bank) |
On case by case basis |
|
| Negotiation / Acceptance commission |
3/16% flat (Min AED 300) |
|
| Out of Pocket Expenses |
Min US$ 25 or Equivalent & other charges |
|
| Courrier Charges |
|
|
| - Within UAE |
AED 75 |
|
| - Other Countries |
Between AED 200 & 250 |
Depending on Country Destination |
| |
|
|
-
17- Letters of Guarantee
| Issuance |
1.50% p.a. (Min 3 months) subject to a minimum of AED 150 up to 1 year validity. 2% p.a. for auto renewable |
|
| Extensions/amendment in amount |
same as issuance |
|
| Shipping Guarantees |
1/8% of the invoice value less margin held. Min AED 150 |
|
| Labour Guarantees |
|
|
| - 100% Margin |
1% p.a. Flat - Min AED 150 |
|
| - if less than 100 Margin |
2% p.a. Flat - Min AED 150 |
|
| Postage |
AED 25 |
|
| |
|
|
| Courier Charges |
| Within UAE |
AED 75 |
|
| Other Countries |
Depending on Country & on Courier provider – Minimum AED 200 |
|
| Set up & Renewal of Facilities |
Credit facilities would attract charges left at the sole discretion of the Bank and which will be advised at the time to the sanction of these facilities |
|
| Commitment Fee only on Loans |
A fee on un-drawn facility will be charged on quarterly basis, as per agreement |
|
-
18- Safe Deposit Lockers
| Refundable Deposit |
AED 1000 |
|
| Replacement of Lock/Key |
At cost |
|
| |
|
|
| Annual Charges |
| Small |
AED 500 |
|
| Medium |
AED 600 |
|
| Big |
AED 700 |
|
| Large |
AED 900 |
|
-
19- eBanking
| Subscription |
Free |
|
| Token Security Deposit |
AED 200 |
|
| Token Replacement |
AED 200 |
|
-
20- Cards
| BLOM BANK SAL, LEBANON Credit Cards |
| Type |
Issuance Charge (US$) |
Suplementary |
| Platinum |
150 |
250 |
| Gold |
Free |
100 |
| Classic |
Free |
40 |
| Internet |
Free |
20 |
| |
|
|
| BLOM BANK FRANCE - U.A.E. Marstercard Direct Debit Card |
| Issuance Premuim or Classic |
Free |
Free |
| Replacement |
AED 50 |
AED 50 |
| PIN reissue |
AED 25 |
AED 25 |
| Charge back process per case |
AED 100 |
AED 100 |
| Copy of Transaction |
AED 35 |
AED 35 |
|