retail tariff of charges

1 CURRENT ACCOUNTS (RESIDENT / NON RESIDENT)

A. Local Currency

(i) Interest;

a) Credit Balance Nil

b) Debit Balance Rate subject to arrangement

b1) Personal Account Minimum charge (monthly) OMR5

b2) Corporate Account Minimum charge (monthly) OMR10

(ii) a) Cheques for collection (Local) (Incorrect or absent MICR) Per item NIL

b) Cheques for collection(Foreign) Per itemOMR 10 + corespondant bank

charges

(iii) Special Clearing Each item OMR 10

(iv) a) Cheques drawn on us returned for insufficient funds Each item OMR 15

b) Cheques drawn on other bank accounts returned for insufficient funds Each item NIL

(v) Certified Cheques Disontinued

(vi) Manager's Cheque - (waived if issued to Sayyarati dealers) Each item OMR 2

(vii) Stop Payment Instructions Per RequestOMR 5 per cheque /

contineous series

Stop Payment cancellation Per RequestOMR 5 per cheque /

contineous series

(viii) Semi-Annual Account Charges

a) Personal Accounts Per account semi-annually Nil

b) Corporate (All Others) Per account semi-annually Nil

(ix) Low Balance Charges:

a) For the month an account (personal/corporate) is opened with minimum balance ( OMR 200) Nil

b) From the second month onwards;

b1) On personal accounts when minimum balance dropps below OMR 200 during any given month Bz. 500

No charges will be levied if the account is held for the purpose of receiving Pension & other Social Support Allowance granted by Government to Pensioners &

disabled persons and accounts receiving monthly salary of less than RO500/-.No charges shall be levied resulting in balance becoming debit.

b2) On corporate accounts whose minimum balance dropps below OMR 200 during any given month Bz. 500

c) Credit facility accounts and accounts overdrawn during the month. (if the balance exceeds the approved limit) Bz. 500

d) Dormant accounts (if the account balance is below the minimum stipulated OMR 200)

d1) Personal Account Per account semi-annually OMR 1

d2) Corporaate Per account semi-annually OMR 1

(x) Closing of Account - If account is less than 1 year old OMR 3

(xi) Counter-Cheques/Counter-Receipts Charge per cheque leaf / receipt issued Not Applicable

(This charge is imposed to discourage such drawings and encourage customers to utilise their own Cheque Book/ATM Services).

(xii) Standing Order Payments

a) Establishment Fee (Personal and Corporate) Nil

b) Effecting Payment Fee

b1) Intra Bank transfers Nil

b2) By means of Demand Draft, Payment order OMR 2 + postage

b3) By means of ACH/RTGS/SWIFT (plus applicable Charges of ACH/RTGS) OMR 2 + postage

b4) By means of Transfer in foreign currency (plus applicable Charges of SWIFT) (Queries OMR 5 ) OMR 5 + Communication

charges

c) Amendment Fee (excluding requests to defer/postpone payments) Nil

(xiii) Specially designed Cheques - which must comply with Bank's specification Cost of cheque book +

administrative charges

(xiv) Minimum deposit to open accounts

a) Personal accounts

a1) Salaried Not specified

a2) Non-Salaried Not specified

b) Corporate accounts Not specified

(xv) Cheque books requests

25 Leaves Per Cheque book OMR 2

50 Leaves Per Cheque book OMR 3

(xvi) For cheque books despatched by mail / courier (Personal and Corporate) Per Cheque book Cost of Registered Post /

Courier charges

(xvii) Cautionary List removal processing (To be taken up with Central Bank of Oman on exceptional basis on merits)

a) Personal OMR 10

b) Corporate OMR 20

B. Foreign Currency

No charges are to be levied , if the account is more than one year old.

(i) Interest;

a) Credit Balance Nil

b) Debit BalanceRate subject to

arrangement

b1) Personal Account Minimum charge (monthly) OMR5

b2) Corporate Account Minimum charge (monthly) OMR10

(ii) a) Cheques for collection (Local) Per itemEquivalen of OMR 5 in

account currency

b) Cheques for collection(Foreign) Per itemEquivalent OMR 10 +

corespondant bank charges

(iii) Special Clearing Each item Not Applicable

(iv) a) Cheques drawn on us returned for insufficient funds Each item Equivalent of OMR 15 in

account currency

b) Cheques drawn on other bank accounts returned for insufficient funds Each item NIL

(v) Certified Cheques Disontinued

(vi) Manager's Cheque - (waived if issued to Sayyarati dealers) Each item Equivalent of OMR 2 in

account currency

(vii) Stop Payment Instructions Per Request

Equivalent of OMR 5 per

cheque / contineous series

in account currency

Stop Payment cancellation Per Request

Equivalent of OMR 5 per

cheque / contineous series

in account currency

(viii) Semi-Annual Account Charges

a) Personal Accounts Per account semi-annually Nil

b) Corporate (All Others) Per account semi-annually Nil

(ix) Low Balance Charges:

a) For the month an account (personal/corporate) is opened with minimum balance ( equivalent to OMR 200) Nil

b) From the second month onwards;

b1) On personal accounts when minimum balance dropps below equivalent to OMR 200 during any given month Equivalent to Bz. 500 in

account currency

b2) On corporate accounts whose minimum balance dropps below equivalent to OMR 200 during any given month Equivalent to Bz. 500 in

account currency

c) Credit facility accounts and accounts overdrawn during the month. (if the balance exceeds the approved limit) Equivalent to Bz. 500 in

account currency

d) Dormant accounts (if the account balance is below equivalent to OMR 200)

d1) Personal Account Per account semi-annually Equivalent to OMR 1 in

account currency

d2) Corporaate Per account semi-annually Equivalent to OMR 1 in

account currency

(x) Closing of Account - If account is less than 1 year oldEquivalent to OMR 3 in

account currency

(xi) Counter-Cheques/Counter-Receipts Charge per cheque leaf / receipt issued Not Applicable

(This charge is imposed to discourage such drawings and encourage customers to utilise their own Cheque Book/ATM Services).

(xii) Standing Order Payments

a) Establishment Fee (Personal and Corporate) Nil

b) Effecting Payment Fee

b1) Intra Bank transfers Nil

b2) By means of Demand Draft, Payment order (postage included)Equivalent to OMR 2 in

account currency

b3) By means of ACH/RTGS/SWIFT (plus applicable Charges of ACH/RTGS) Equivalent to OMR 2 in

account currency

b4) By means of Transfer in foreign currency (plus applicable Charges of SWIFT) (Queries OMR 5 )

OMR 5 + Communication

charges equivalent in

account currency

c) Amendment Fee (excluding requests to defer/postpone payments) Nil

(xiii) Specially designed Cheques - which must comply with Bank's specification

Cost of cheque book +

administrative charges in

account currency

(xiv) Minimum deposit to open accounts

No charges will be levied if the account is held for the purpose of receiving Pension & other Social Support Allowance granted by

Government to Pensioners & disabled persons and accounts receiving monthly salary of less than RO500/-.No charges shall be levied


a) Personal accounts

a1) Salaried Not specified

a2) Non-Salaried Not specified

b) Corporate accounts Not specified

(xv) Cheque books requests

25 Leaves Per Cheque book Equivalent to OMR 2 in

account currency

50 Leaves Per Cheque book Equivalent to OMR 3 in

account currency

(xvi) For cheque books despatched by mail / courier (Personal and Corporate) Per Cheque book Cost of Registered Post /

Courier charges

(xvii) Cautionary List removal processing (To be taken up with Central Bank of Oman on exceptional basis on merits)

a) PersonalEquivalent to OMR 10 in

account currency

b) CorporateEquivalent to OMR 20 in

account currency

(xviii)Deposits in Currency notes in account currencyFlat 1 % (minimum

equivalent to OMR 1)

(xix) Withdrawals in Currency notes in account currency ( Minimum 2 working days notice required ) Flat 1% (minimum


(xx) Other transaction Charges applicable to local

currency Current Accounts

in account currency

2 SAVINGS ACCOUNTS (RESIDENT / NON RESIDENT)

A. Local Currency

(i) Interest

a) Rate as published from time to

timeb) The minimum balance (during any one Calendar month) for the purpose of earning interest OMR 100

c) Interest frequency Semi Annually 30 June & 31 December

(ii) Issuance of a substitute for a lost/stolen Passbook OMR 5

(iii) Closing of accounts- if the account is less than 1 year old. OMR 3

(iv) Minimum deposit to open accounts

a) Salaried Not specified

b) Non-Salaried Not specified

(v) Low balance charges when balance falls below OMR 100 during any given month bz. 500

(vi) Semi-annual Account Charges Per account semi-annually Nil

(vii) Dormant accounts

a) Minimum balance required to avoid low balance charges throughout the calendar monthEquivalent to OMR 100 in

account currency

b) Low balance charges Per account monthlyEquivalent to OMR 0.500 in

account currency

(viii) Deposits in Foreign Currency notes

Purchased at day's currency

buying rate determined by

Bank

(ix) Withdrawals in Foreign Currency notes ( Minimum 2 working days notice required )

Sold at day's currency

selling rate determined by

Bank

(x) Other transaction Charges applicable to local


B. Foreign Currency

(i) Interest


a) Rate based on money market

rates

b) The minimum balance (during any one Calendar month) for the purpose of earning interestEquivalent to OMR 5000 in

account currency

c) Interest frequency Monthly last day of the month

(ii) Issuance of a substitute for a lost/stolen Passbook Equivalent to OMR 5 in

account currency

(iii) Closing of accounts- if the account is less than 1 year old. Equivalent to OMR 3 in

account currency

(iv) Minimum deposit to open accounts

a) Salaried Not specified

b) Non-Salaried Not specified

(v) Low balance charges when balance falls below OMR 100 during any given monthEquivalent to bz. 500 in

account currency

(vi) Semi-annual Account Charges Per account semi-annually Nil

(vii) Dormant accounts

a) Minimum balance required to avoid low balance charges throughout the calendar monthEquivalent to OMR 100 in

account currency

b) Low balance charges Per account monthly Equivalent to OMR 0.500 in

account currency

(viii) Deposits in Currency notes in account currencyFlat 1 % (minimum


(ix) Withdrawals in Currency notes in account currency ( Minimum 2 working days notice required ) Flat 1% (minimum


(x) Other transaction Charges applicable to local


in account currency

3 DEPOSIT ACCOUNTS (RESIDENT / NON RESIDENT)


A. Local Currency - Fixed, Call & Notice

(i) Interest Rate subject to arrangement

(ii) Minimum balance on Fixed Deposit to earn interest OMR 5,000

(iii) Minimum balance on Call & Notice Accounts to earn interest, (If balance falls below minimum on any day interest will not be paid for that day) OMR 1,000

(iv) Semi-Annual Account Charge on Call & Notice Accounts Nil

(v) Low Balance Charges for Call & Notice Accounts Nil

(vi) Closing of Call & Notice Account charges Nil

(vii) Deposits in Currency Notes Flat 1% (minimum equivalent

to OMR 1)

(viii) Withdrawals in Currency Notes (2 working days advance notice required) Flat 1% (minimum equivalent

to OMR 1)

(ix) Other transaction (Call and Notice Accounts) Charges applicable to local


(x) Premature Closure of Deposits

(i) Deduction from Principal No deduction

(ii) Interest Payment may be reduced by 1 % p.a.

B. Foreign Currency - Fixed, Call & Notice

(i) Interest Rate subject to arrangement

(ii) Minimum balance on Fixed Deposit to earn interest USD 5000.- or equivalent

(iii) Minimum balance on Call & Notice Accounts to earn interest, (If balance falls below minimum on any day interest will not be paid for that day) equivalent of USD 5,000

(iv) Semi-Annual Account Charge on Call & Notice Accounts Nil

(v) Low Balance Charges for Call & Notice Accounts Nil

(vi) Closing of Call & Notice Account charges Nil

(vii) Deposits in Currency Notes Flat 1% (minimum equivalent

to OMR 1)

(viii) Withdrawals in Currency Notes (2 working days advance notice required) Flat 1% (minimum equivalent

to OMR 1)

(ix) Other transaction (Call and Notice Accounts) Charges applicable to local

currency Current Accounts in

account currency

(x) Premature Closure of Deposits

(i) Deduction from Principal No deduction

(ii) Interest Payment may be reduced Based on elapsed period

4 TRANSFERS/PAYMENT ORDERS

A Outward

(i) Demand Drafts OMR 2

(ii) If Demand Draft is mailed by the Bank to the beneficiary on behalf of the purchaser Cost of registered postage

(iii) Stop Payment charges for Demand Drafts Per item OMR 5 + Corr. Bank charges

(iv) Cancellation of Demand Draft & Manager's cheque Per item OMR 5 and at buying rate

(v) Domestic transfers by RTGS / ACH OMR 3.500

(vi) International transfers by SWIFT (Actual out of pocket expenses/other bank charges extra)OMR 5 + communication

charges

B. Inward

(i) If paid in cash or credited to beneficiary's account with NBAD NIL

(ii) If remitted to beneficiary's account in Oman at another bank in local currency OMR 5

(iii) If remitted to beneficiary's account in Oman at another bank in FCY (Only if amount is equivalent or above OMR 3000) OMR 5

(iv) If paid in cash (only USD, AED & EUR) subject to availability of FCY 1 % (Minimum OMR 10 )

5 BILLS PURCHASED & TRAVELERS CHEQUES

A Clean Foreign Currency Bills Purchased

(i) Travellers Cheques at prevailing buying rate, less postage Per Schedule N / A

(ii) Cheques/Clean Bills at prevailing buying rate less

a) Postage Per Schedule OMR 10

b) Interest for Transit Period Nil

B Travelers cheques sold

(i) Sale of Visa Travellers Cheques N / A

(ii) Sale of other Travellers Cheques N / A

6 LOCAL BILLS DISCOUNTED

(i) Handling charges RO0.5 per Bill or RO2.5 per schedule (minimum) 1/8%

(ii) Interest (for calculations of tenor maturity add 3 days for in-town Bills and 7 days for up-country Bills). Rate subject to arrangement.

7 INWARD BILLS FOR COLLECTION

A. Cheques and Clean Bills

(I) Rials Omani

a) Drawn on NBAD branches in Oman. OMR 10

b) Drawn on other banks within OmanOMR 10 (if incorrect or absent

MICR)

d) Post-dated cheques

handling charge additional AED 10 per item

e) Cheques returned unpaid Postages AED10 per item

(ii) Other Currencies

a) If credited to OMR Account - at our buying rate for the currency OMR 10

b) If credited to an account maintained in the same foreign currency OMR 10

c) If remitted to senders account abroad OMR 10 + charges related to

outward transfers / payents

B. Documentary

(I) Collection Commission

(ii) Acceptance advising Commission1/8% flat (Minimum OMR 20)

Additional

(iii) Free of payment 1/4% flat (Minimum OMR 20)

(iv) Presenting Bank ChargesAt Actuals as claimed by

presenting bank

(v) Documents returned unpaid 1/4% flat (Minimum OMR 20)

(vi) Postage OMR 2

(vii) SWIFT Charges MT202/103/499/999

(viii) Exchange Compensation (when bills paid in F/C) 1/8% (Minimum OMR 10)

(ix) Avalising Commission Per month 1/8% (Minimum

OMR 20)

(Aval commitments may only be made with credit approval granted under (Minimum initial period 3 months)

discretionary power limits delegated for unsecured lending)

(x) Shipping Guarantees:

Commission on gross invoice value

- If redeemed within one month

(Where 100% cash margin is held and redeemed within one month)

- Thereafter

(to be charged even though 100% margin held)

Postage OMR 2

8 OUTWARD BILLS FOR COLLECTION

A. Dirham Cheques/Clean Bills

Please refer Section 7A(i) under "Inward Bills for Collection".

Handling charges for Sight payment 1/8% flat & Usance 1/8% flat (Minimum OMR.20/-)

OMR.10/- for local OMR.5/-

LC OMR.10/- per quarter - Collection 0.125% p.m.

LC OMR.10/- per quarter - Collection 0.125% p.m.

B. Cheques/Clean Bills Payable Outside U.A.E.

(I) If paid in Rilas Omani at our buying rate

Postage OMR 1 + any correspondent

charges

(ii) If credited to customer's account maintained in same foreign currency. Exchange Compensation 1/8%

(Minimum OMR 1)

Postage OMR 1 + any correspondent

charges

C. Documentary

(I) Commission Flat 1/8% flat (Minimum OMR

20)

(ii) Postage OMR 2

(iii) Courier OMR 20

(iv) Amendment to Collection BillsFlat OMR 7.500 per

amendment

9 LETTERS OF CREDIT - EXPORTS FROM OMAN

A. Normal Commercial Cargoes (Non-Oil)

(i) Advising Commission

(ii) Amendment Commission

(iii) Confirmation Commission:

Per 3 months or part thereof

1/8% (Min. OMR 50)

BANKS - (All other countries) Per 3 months or part thereof

1/4% (Min. OMR 100)

a) Enhancements of Confirmed L/C:

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada, Japan & GCC) Min. 3 monthsPer 3 months or part thereof

1/8% (Min. OMR 50)

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada, Japan & GCC) Min. 3 months

Min. 3 months

Customer OMR.10/- and Non customer OMR.20/-

Customer OMR.10/- and Non customer OMR.20/-

BANKS - (All other countries) Min. 3 monthsPer 3 months or part thereof

1/4% (Min. OMR 100)

b) Extension of Confirmed L/C:

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada, Japan & GCC) Min. 3 monthsPer 3 months or part thereof

1/8% (Min. OMR 50)

BANKS - (All other countries) Min. 3 monthsPer 3 months or part thereof

1/4% (Min. OMR 100)

(iv) Examining Documents/Payment/Negotiation:

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada, Japan & GCC countries) 1/10% (Min. OMR 25 Flat)

BANKS - (All other countries) 1/5% (Min. OMR 50 Flat)

Others:

Amendment Commission (not related to a) & b) above) OMR 25

Postage OMR 2

Courier charges Gulf or other countries

Negotiation commission

Acceptance Commission (if its confirmed LC)

(v) Acceptance/Deferred Payment Commission (Applied only if L/C already confirmed by NBAD):

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada, Japan & GCC countries) Per month or part thereof

1/10% (Min.OMR 50)

BANKS - (All other countries) Per month or part thereof

1/5% (Min. OMR 50)

(vi) Handling of discrepant documents Flat OMR 10

B. Oil and Other Petroleum Based Cargoes

OMR 20/-

1/8% flat Min OMR.15/- SWIFT + courier

1/8% PER QR. Min OMR.15/-

(i) Advising Commission $100

(ii) Amendment Commission $100

(iii) Confirmation Commission:


1/10% (Min. $200)


1/5% (Min. $400)

a) Enhancements of Confirmed L/C:


1/10% (Min. $200)


1/5% (Min. $400)

b) Extension of Confirmed L/C:

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada, Japan & GCC) Per 3 months or part thereof

1/10% (Min. $200)


1/5% (Min. $400)

(iv) Examining Documents/Payment/Negotiation:

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada, Japan & GCC countries) 1/10% (Min. $150)

BANKS - (All other countries) 1/5% (Min. $250)

Others:

Amendment Commission [not related to a) & b) above] $100

Postage $10

Courier $30

Min. 3 months

Min. 3 months


Min. 3 months

Min. 3 months


(v) Acceptance/Deferred Payment Commission (Applied only if payment due after expiry of L/C already confirmed by NBAD):

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada, Japan & GCC countries) Per month or part thereof

1/10% (Min. $200)

BANKS - (All other countries) Per month or part thereof

1/5% (Min. $400)

(vi) Handling of discrepant documents Flat $51

C. Bank to Bank Reimbursements

(i) a) SWIFT As per Bank Tariff

b) Postage OMR 2

10 LETTERS OF CREDIT - IMPORT

A. Standard

(i) Opening (Sight L/C)

a) Amounts of up to and including OMR 1M

- First OMR 10,000 Min. 3 months

- Above OMR 10,000 Min. 3 months

b) Amount exceeding OMR 10,000Subject to negotiation, with

the approval

(ii) Opening (Usance L/C)

a) Amounts of up to and including OMR 1M Min. 3 months

b) Amount exceeding OMR 1M

Subject to negotiation, with

the approval of HoDBD or his

designate

(iii) Amendment Commission

Per month or part thereof 1/8 % p.m (Min OMR 37.500, if customer having credit facility then

rates will be applied as per the sancation with a Min OMR 20/-)(Min 3 months)





a) Enhancements (Sight L/C)

- First OMR 10,000 (L/C amount) Min. 3 months

- Above OMR 10,000 (L/C amount) Min. 3 months

Enhancements (Usance L/C) Min. 3 months

LC overdrawn commmission

b) Extensions

- Extension of credit within the period for which commission is already recovered Flat OMR 10

- Beyond such period (Sight L/C)

First OMR 10,000 Min. 3 months

Above OMR 10,000 Min. 3 months

- Beyond such period (Usance L/C) Min. 3 months

c) Others Flat OMR 10

(iv) Discrepancy Charges

Reimbursment charges

USD 80/- or equivalent to OMR plus SWFIT charges for FCY LCs & for OMR LCs OMR 25/- plus SWIFT charges.

Per month or part thereof 1/8 % p.m (Min OMR 10/-)(on the actual period on monthly basis) if

customer having credit facility then rates will be applied as per the sancation.









Note:- All Commission/Charges to be recovered at Card rate of exchange and not at rate agreed with customer (Customer rate to be applied only for payments).

LC Issuance/Amendment/Acceptance Commission if for account of beneficiary, to be charged as per Standard Tariff and not at the rate applicable for our customer.



1/8%p.m , Minimum OMR 10/-

Within Oman OMR 10/- outside Oman USD 80/- or equivalent to OMR.

B. Revolving Letters of Credit

(i) Opening (Sight L/C)

- First OMR 10,000 Min. 3 months

- Above OMR 10,000 Min. 3 months

(ii) Opening (Usance L/C) Min. 3 months

(iii) Replenishment (Provided that each replenishment does not exceed the face value) Flat 1/8 %( Min OMR 10)

If it exceeds the face value, then commission to be applied as per (i) and (ii) above

(iv) Amendment Commission

a) Enhancement

b) Extension (Same as standard L/C)

c) Others

C. Acceptance

(i) Normal Commission on L/C plus:

Commission & Handling charges of each draft (Comm. Charged per Draft tenor)

Negotiation commmission (Both our Parties)

(ii) Postage OMR 2

D. Trust Receipts

Opening (Interest rate as agreed)Flat OMR 25 per T/R

application

per month or part thereof 1/8 % p.m (Min OMR 37.500, if

customer having credit facility then rates will be applied as per the

sancation with a Min OMR 20/-)(Min 3 months)



sancation with a Min OMR 20/-) (Min 3 months)



sancation with a Min OMR 20/-)(Min 3 months)

per month or part thereof 1/8 % p.m and if non customer 1/4% p.m (Min OMR

20/-)(Min 3 months)

1/8% flat and if non custmer 1/4% flat

E. Shipping Guarantee (relative to L/C's)

(i) Commission on invoice value less cash margin held

- if redeemed within one month

- thereafter

'** AWB or B/L endorsment

(ii) Postage OMR 2

F. Insurance Charges

(i) Insurance charges on goods in Customs per annum 2/1000 (Min OMR

100)

Note: Insurance charges on the invoice value plus 10% from the date of arrival of goods or

end of liability of the Insurance Company, whichever is earlier, until the release of

goods, if it is covered by the Bank's Comprehensive Insurance Policy

G. Others (General)

(i) Settlement commission on each drawing Flat 1/8 % (MinOMR 10)

(ii) Interest on drawings Interest rate as agreed

(iii) Handling charges for Discrepant Document

- Up to 1 Million Flat OMR 30 + swift cost

- Over 1 Million Flat OMR 50 + swift cost

(iv) Postage OMR 2

(v) Courier OMR 20

(vi) Swift Charges:

- L/C by Full Swift OMR 25

- L/C by Brief Swift OMR 10 for local OMR 5

- Amendment (short) OMR 10

- Amendment (detailed) OMR 15

(vii) Facsimile Services

LC-OMR.10 per quarter - Not under LC 0.125% per month.

LC-OMR.10 per quarter - Not under LC 0.125% per month.

Flat OMR.10/-

- For Local faxes (within Oman made at customer's request a charge of OMR 2.500 will be levied)

- For overseas faxes made at the customer's request, a Charge of OMR 2.500 will be made

for the first two pages and OMR 2.500 per page for each additional page thereafter

(viii) Cancellation of L/C prior to the expiry date with the beneficairy bankers acceptance. Flat OMR 15 + SWIFT cost

11 LETTERS OF GUARANTEE

A. (Inward) [Guarantees issued against Counter Guarantees/Standbys of Banks]

(i) Issuance Commission:

Min. 3 months

BANKS - (All other countries) Min. 3 months

(ii) Amendments

a) Enhancements:

Min. 3 months


b) Extensions:

Min. 3 months


c) Others:

Quarterly renewal commission on open-ended/auto renewable Guarantees

- On banks operating in selected countries as stated in (i)above Min. 3 months

per month or part thereof 1/24 % p.m plus counter guarantee period (Min OMR

30) (Min 3 months)

per month or part thereof 1/24 % p.m plus counter guarantee

period (Min OMR 15) (on the actual period on monthly basis)


40) (Min 3 months)

BANKS - (US, West Europe, Czech Republic, South Africa, Australia, Canada,

Japan & GCC)


Japan & GCC)


30) (on the actual period on monthly basis)








Japan & GCC)

- On banks operating in all other countries as stated in i) above Min. 3 months

Amendments not related to (a) & (b) above

(iii) Advising - Without responsibility

(iv) Other Charges:

Swift OMR 10 for local OMR 2

Postage OMR 2

Courier OMR 20

(v) Claim Processing Charge Per claim OMR 15 plus swift charges

B. (Outward) [Guarantees issued against customer request/indemnity]

(i) Issuance Commission

a) Fixed validity Guarantees less than 12 months Min. 3 months

b) Fixed validity Guarantees more than 12 months Min. per annum

c) Auto renewable/open-ended Guarantees – excluding Labour Guarantees Min. 3 months

d) Guarantees favouring Ministry of Labour and Immigration Department Min. per annum

(ii) Amendments

a) Enhancements Min. 3 months

per month or part thereof 1/8 % p.m (Min OMR 25, if

customer having credit facility then rates will be

applied as per the sancation) (Min 3 months)

per month or part thereof 1/8% p.m (Min OMR 25, if



per month or part thereof 1/4 % p.m (Min OMR 25, if



per month or part thereof 1/12 % p.m (Min OMR 15)

(on the actual period on monthly basis)

per month or part thereof 1/12 % p.m plus counter guarantee

period (Min OMR 15) (on the actual period on monthly basis)

OMR 15

OMR 15

per month or part thereof 1/8 % p.m(Min OMR 25, if



b) Extensions

- Up to 1 year (fixed) Min. 3 months

- More than 1 year As per (i) b) above

- Auto/Open As per (i) c) above

c) Others

not covered in a) & b) above OMR 10

(iii) Other charges:

Postage OMR 2

Swift Regular OMR 10

Swift Counter Guarantee

Courier

(iv) Claim Processing Fee Per claim

(v) Re-issue Charges

12 NIGHT SAFES

13 DEPOSIT LOCKERS

Deposit

(i) Small (approximately 11 cm x 24 cm x 60 cm { height x width x depth } Nil

(ii) Large (approximately 22 cm x 24 cm x 60 cm { height x width x depth } Nil

14 SAFE CUSTODY

Rent per annum

OMR 80

OMR 60

Not Applicable

Not Applicable

MT760 OMR 25 AND MT767 OMR 10

OMR 20

OMR 15 plus swift charges

OMR 10/- If there is no extension/increase in vlaue,

otherwise will be calcualted as per the above tariff.

per month or part thereof 1/10 % p.m (Min OMR 15)

(on the actual period on monthly basis)

15 PERSONAL INSTALMENT LOAN

A. PERSONAL INSTALMENT LOANS (PIL)

(i) a) Interest Rates (General) - on Reducing balance Basis Rate subject to arrangement

b) Applicationcompounded montly on last

calender day

(ii) Deferred Loan Instalment Fee:

Postponing the payment of monthly Loan Instalments Per Instalment OMR 5

(No charges will be levied if the deferment was allowed by the Bank for Eids Al Adha & Eid Al Fitar)

(iii) Topping up / Re-scheduling of exisiting loan OMR 5

(iv)Loan Processing Fees

OMR25/- Per applicaion (

collected upfront)

(v) Charges for pre-payment or pre-closure of loan before actual due date1 % of prepaid / foreclosed

amount

(vi) Interest chrages for overdues 1 % on the overdue amount for

the overdue period.

16 SAYYARATI LOAN

(i)Loan Processing Fees


collected upfront)

(ii) Charges for pre-payment or pre-closure of loan before actual due date1 % of prepaid / foreclosed

amount

(iii) Interest chrages for overdues 1 % on the overdue amount for

the overdue period.

17 ESCAN LOANS

(i)Loan Processing Fees


collected upfront)

(ii) Charges for pre-payment or pre-closure of loan before actual due date1 % of prepaid / foreclosed

amount

(iii) Interest chrages for overdues 1 % on the overdue amount for

the overdue period.

18 TERM LOANS

19 DEBIT CARDS

(i) ATM Cards:

a) Issuing Fee (For Principal plus Supplementary Cards) OMR 1 card account

b) Replacement Fee (For lost/stolen Cards. Not applicable if Card is damaged due to normal wear and tear) OMR 2 per Card

c) Annul charge/fees OMR 1 card account

20 ATM TRANSACTIONS

A WITHIN OMAN AT NBAD MACHINES

a) Cash withdrawals Nil

b) Balance inquiry Nil

c) Mini statements Nil

B WITHIN OMAN AT OMAN NATIOMAL SWITCH

a) Cash withdrawals NIL


c) Mini statements Nil

C WITHIN GCC SWITCH INCLUDING UAE

a) Cash withdrawals Bz. 588

b) Balance inquiry Bz. 257

c) Mini statements (Not Applicable)

D International ATMs excluding GCC SWITCH - (VISA ELECTRON Transactions)

Please refer to branch for details

a) Cash withdrawals

2.5 % of the withdrawal

amount & not less than OMR

1.500


c) Mini statements (Not Applicable)

21 CREDIT CARDS

VISA CARDS

(i) Eligibility Criteria - Applicant Income

Classic Cards

Gold Cards

Platinum Cards

(ii) Enrollment Fee NIL

(iii) Annual Fee

Platinum Visa Card

Principal

Supplementary*

Classic Visa

Principal

Supplementary*

Premium Visa

Principal

Supplementary*

Classic Visa

Principal

Supplementary*

NBAD Customers

NIL

NBAD & Non-NBAD

Customers

NBAD Staff

N / A N / A

N / A N / A

OMR 500 p.m. AED 7,000 p.m.

OMR 700 p.m. AED12,500 p.m.

OMR 2500 p.m AED20,000 p.m.

N / A N / A

OMR 35 p.a. Free

Free Free

OMR 25 p.a. Free

Free Free

N / A N / A

Premium Visa and Master Cards (Gold)

Principal

Supplementary*

(iv) Additional Supplementary Cards are charged as follows:

Classic - Visa/MasterCard

Gold - Visa/MasterCard

(v) Replacement Fee

a) For Lost/Stolen Cards

b) Due to normal wear and tear

(vi) Interest Rate

a) NBAD Customers (for salary mandated)

b) Non-NBAD Customers 1.66

%

N/

A(vii) Interest Free Period

(viii) Cash Advance Limit

(ix) Cash Advance Fee

(x) Choice of Monthly Payment

(xi) Minimum Monthly Payment

a) All Cards except Platinum

b) Platinum

OMR 15/- p.a. Free

OMR 10/- NIL

OMR 10/- NIL

N / A N / A

N / A N / A

OMR 10/- p.a. Free

2.5% or OMR 5/-

whichever is higher

2.5% or OMR 5/-

whichever is higher

5% to 100% 5% to 100%

1.5% p.m. 1.25% p.m.

Up to 55 days Up to 55 days

80% of Credit limit

80% of Credit limit

5% or OMR 10 whichever

is higher

5% or OMR 10

whichever is higher

5% or OMR 10 whichever

is higher

5% or OMR 10

whichever is higher

(xii) Late Payment Fee

(xiii) Over Limit Fee

(xiv) Photocopy request for transactions slips

(xv) Credit Shield Fee

22 SWIFT COMMUNICATION CHARGES

Oman

Elsewhere

Collection Bills (Advice of Payment)

Letters of Credit (Advice by Short Form SWIFT)

Letters of Credit (Advice by Long Form SWIFT)

23 OTHER MISCELLENEOUS ITEMS

A. OTHERS

(i) Copies of old records retrieved:

a) Photocopy of paid cheques

1. If the cheque is within 1 year period OMR 2

2. If the cheque is more than 1 year period OMR 3

b) Duplicate Statements

1. Up to 6 months old statements OMR 1

2. Between 6 - 12 months old statements OMR 3

3. More than 12 months old statements OMR 5

c) Bank Statement (Other than normal periodicity as agreed)

1. For monthluy statements OMR 5 p.a.

2. For weekly statements OMR 20 p.a.

OMR 7.500 OMR 7.500

N/A N/A

N/A N/A

OMR 7.500 OMR 7.500

Rates as above

OMR 10

OMR 20

OUTWARD TRANSFERS CHARGE

OMR 3.500

OMR 5

3. For daily statements OMR 50 p.a.

(ii) Issuance of Bank Certificates/Letters in relation to Customer's deposit/Facility Accounts:

a) Any Certificate/Letter issued by the Bank against Customer's written request Per Certificate/Letter OMR 2

b) Certificates/Letters issued to Employers/other Banks for the purpose of Nil

transferring Customer's salary to NBAD

(iii) Service charges to be collected from other Banks on reciprocal basis when Credit

Information/Status Report on our customers are furnished at their request

(i.e. to claim such charges only from those Banks that claim from us). Per Report OMR 3

(iv) NOTE: Above Tariffs will be applicable on Transactions performed through Online Banking and Cash Deposit Machines

(v) Replacement Fee

a) For Online Banking Token per item OMR 5