GENERAL BANKING
GENERAL BANKING
B. REMITTANCES (Domestic)
A. INWARD/OUTWARD REMITTANCES (Foreign)
AND CHEQUE PURCHASE
1.a)
Outward T.T. through Debit of Account
US$ 25 or eqv PKR plus SWIFT
charges US$ 5 or eqv PKR
0.3% will also be applicable if the
amount is not retained in the
account for 15 days.
1.b)
Demand Draft through Debit of
Account
1.b) Cancellation of Pay Order
1.c)
1.d)
1.e)
1.f )
1.g)
Issuance of duplicate FDD
US$ 10 or equivalent PKR plus Actual
SWIFT Charges
Cancellation of FDD/FTT/FMT
US$ 10 or equivalent PKR plus Actual
SWIFT Charges
Stop payment of FDD
US$ 5 or equivalent PKR plus Actual
SWIFT Charges
Inward:
If proceeds are credited to an account
maintained with us Others
Nil
US$ 5 or equivalent
Received from abroad or local bank's
branches & where payment is
demanded in Foreign Currency
Home Remittance
Others
Minimum US$ 3 - Maximum US$ 6
plus Actual SWIFT charges are
recoverable from collecting bank to
be deducted from the proceeds
Nil, if proceeds are credited to an
account with us
Rs. 200/- (flat)
Stop Payment of Pay Order
Rs. 300/- (flat)
Issuance of Duplicate Pay Order
Rs. 200/- (flat)
i) Drawn on us:
(ii)
i)
ii)
iii)
iv)
v)
Drawn on other banks:
Up to Rs. 10,000/From Rs. 10,001/- to Rs. 100,000/From Rs. 100,001/- to Rs. 1,000,000/From Rs. 1,000,001/-to Rs. 2,000,000/Over Rs. 2,000,000/-
i) Small
ii) Medium
(Courier / Postage charges are not
applicable in case of issuance of
DD/MT/TT)
Above Rs. 1 Million - Nil
iii) Large
0.25% Minimum Rs. 50/0.20% Minimum Rs. 100/0.10 % Minimum Rs. 200/0.075% Minimum Rs. 500/0.015% Minimum Rs. 1,000/-
DD for payment of fees/dues in
favour of educational institution,
HEC/Board etc.
0.50% of fees/dues or Rs. 25/- per
instrument which ever is less
i) Cancellation of DDs / TTs/MCs
ii) Issuance of Duplicate DD/MCs
iii) Stop Payment of DD/MCs
Rs. 200/- (flat) per cancellation
Rs. 200/- (flat) per item
Rs. 300/- per instrument
1.f )
Issuance of SBP / NBP Cheque (if
permissible by SBP)
1.g) RTGS Charges
Monday to Friday
Rs. 50/- plus Money Order/Telegram
charges
Saturday
B. REMITTANCES (Domestic)
Rs. 500/- per transaction
9.30 am to 1.30 pm - Rs. 220/1.30 pm to 3.00 pm - Rs. 330/3.00 pm to 4.00 pm - Rs. 550/(Subject to Treasury approval)
9.30 am to 11.30 am - Rs. 220/11.30 am to 12.30 pm - Rs. 330/(Subject to Treasury approval)
1.c)
1.d)
1.e)
Key Deposit (in advance to be
refunded on termination)
Breaking
Late Fee (Locker Rental)
Locker facility for staff of Bank
Alfalah Ltd.
Pay Order
2.a)
Sale / Purchase of shares
DD(Demand Draft)
or A/c Holders:
Rs. 75 upto of Rs. 1M
Above Rs. 1M - Free
For Non A/c Holder : 0.2% or
Minimum Rs. 1,500/-.
PO for payment of fees / dues in
favour of educational institution,
HEC / Board etc.
If a Party Maintaining Average Monthly Balance of Rs. 100,000/- in a
Current Account, No charges will be deducted for the issuance of PO, DD,
MCS and TT drawn on any Bank Alfalah's Branch.
PO/ Manager Cheque
for A/c Holders:
Rs. 75 upto of Rs. 1M
Above Rs.1M - Free
For Non A/c Holder : 0.2% or
Minimum Rs. 1,500/-
0.50% of fees / dues or Rs. 25/- per
instrument which ever is less
2.b)
A. SALE / PURCHASE OF SECURITIES, SAFE CUSTODY,
ARTICLES IN SAFE DEPOSIT AND SAFE DEPOSIT LOCKERS
1. Safe Deposit Locker
1.a)
Fee for safe deposit lockers
(To be recovered in advance or at
commencement of the period for a year)
*Rent Rs. 3,000/- per annum
or life time free locker facility on
deposit of Rs. 40,000/- Key Deposit.
Refundable in case of surrender of
the locker facility
*Rent Rs. 4,000/- per annum
or life time free locker facility on
deposit of Rs. 50,000/- Key Deposit.
Refundable in case of surrender of
the locker facility
Withdrawal Fee
i) Withdrawal fee on shares/securities
held in safe custody (to be recovered
at time of withdrawal)
ii) Withdrawal fee on Govt. securities
where shares and / or securities sold
are from those held in safe custody,
either commission on sale of share
securities as shown against item 2.a)
or withdrawal fee, as shown against
item 2b) i) and ii) whichever is
higher, will be charged
2.c)
2.d)
2.e)
Collection of profit/return and
dividend
0.5% on the amount of interest/
return/dividend collected/paid
including deposit certificate Issued
by Government agencies Minimum Rs. 50
Handling charges for (convensing
renewal / consideration /
subdivision of [Link].)
Rs. 25/- per script. Rs. 50/- (flat) in
case of Deposit Certificate issued by
Government agencies
Issuance of Rupee Travellers Cheque
Rs. 10/- per RTC
3.a)
Share custodial services of Central
Depository Company of Pakistan Ltd.
Actual charges charged by CDC, plus
1.0% of share value on the first of
every month or Rs. 5/- per share each
month, which ever is higher (payable
up-front, in advance)
Rs. 1.00/- per 100 cubic inches or any
part thereof with a Minimum of Rs. 200/-
Equivalent to annual rent of three
years according to the size of the
locker. Not applicable in case of life
time free locker facility.
3.c)
Envelopes
Rs. 0.50/- per 25 square inches or any
part thereof with a minimum of Rs. 100/-
Actual Cost of breaking Plus Rs. 1,000
per locker for all locker Sizes.
4.a)
Staff will be allowed one locker free
of key deposit while rent will be 50%
of the prescribed rate. Late payment
fees will however be charged at
regular rates.
2.a)
2.b)
B. MISCELLANEOUS CHARGES
2. Statements/Advices
5. Issuance, Retrieval, etc. of Statements / Certificates / Documents
Statement of account on request
(including duplicate)
Rs. 35/- per statement
Duplicate Advice Charges
Rs. 50/- per copy
Rs. 1,000/- (flat)
5.
Investment Portfolio Securities
5.a)
Balance upto Rs.1million
Nil
Balance above Rs.1million
Nil
5.b)
Transaction charges
Nil
5.c)
IPS Statement
Nil
3.a)
3.b)
3.c)
3.d)
Issuance of New Cheque Book
Form B charges
Stop payment of Cheques
0.50% on the first Rs. 10,000/- of the
paid up value Minimum Rs. 50/- and
0.15% on amount exceeding
Rs. 10,000/- Minimum Rs. 100/Rs. 5/- per scrip
4 a)
Rs. 250/- (flat)
1.b)
Balance confirmation to auditors
Rs. 500/-
1.c)
SMS Alerts charges for branch
banking customers.
Rs. 50/- Per Month
Rs. 1,000/- or US$ 12 or equivalent
PKR for FCA
Rs. 300/- per instrument
"As per Actual"
iii) Cheque Returned Unpaid
Inward Clearing (applies on
Intercity Clearing as well)
Rs. 400/- per cheque
Inward bill for collection,
NIL
Rs. 400/- per cheque
Rs. 200/- per cheque returned
(Postage / courier charges are not
applicable)
Rs. 400/- per cheque
returned unpaid
4 b)
Balance confirmation certificate
Rs. 300/- per cheque maximum
Rs. 1,000/- per request (if all cheques
pertain to same cheque book). No
returned Cheque charges shall be
deducted from customers for
instruments on which Stop Payment
has been marked.
ii) Intercity clearing charges
Outward Clearing (excluding OBC)
Cash Cheques returned
OBC return charges
B. MISCELLANEOUS CHARGES
1.a)
Rs. 250/- plus same as above new
cheque book charges
Pak Rupee Clearing
i) Same day clearing charges
Commission will not be recovered on purchase of newly floated
securities, where it is not payable by the Government / Agencies /
and from the subscribers to new share floatation
When orders for purchase / sale of share / securities are executed
through the bank's other offices, all incidental expenses will be
recovered in addition to commission / brokerage
The above charges are in addition to brokerage
1. Balance Confirmation
Stop payment of lost Cheque Book
CA (LCY / FCY) & AKK, Basic Banking:
Rs. 6/- per leaf
(waiver for AKK & CA-PKR as per
product grid)
Alfalah Kifayat: Rs. 7/- per leaf
Saving (LCY / FCY) & Royal Profit:,
Pocket Money Account & Care Account:
Rs. 8/- per leaf
4. Clearing
Note
0.125% on the first Rs. 10,000/- of
purchase price or cost thereof.
Minimum Rs. 50/- and 0.10% on
amount exceeding Rs. 10,000/- or
Minimum Rs. 75/-
5.a)
5.b)
US$ Clearing
Outward Clearing
US$ 10/- or Rs. 800/- per instrument
plus actual postage charges
Inward Clearing returned
US$ 12 or Rs. 1,000/- per instrument
plus actual postage charges
Outward Clearing Returned
US$ 10/- or Rs. 800/- per instrument
plus actual postage charges
Account Maintenance Certificate
i) Certificate regarding profit and
tax deducted during other financial years
iii) Issue of other certificates
Rs. 200/- per certificate
5.c)
IPS Statement
NIL
5.d)
Documents retrieval fee (subject to
availability of record)
5.f )
5.g)
5.h)
B. MISCELLANEOUS CHARGES
5.j)
NIL
6.
Dormant Account
NIL
7.
Account Opening Charges
NIL
8.
"Cash Management Transaction
Banking Collection/Disbursement/
Electronic Banking"
All Charges for Transaction Banking
products (Collection, Disbursemsnt
and Electronic Banking) will be
decided on a case-to case basis
through agreement between the
customer and the bank.
i) Up to 2 Years
ii) Over 2 Years
Rs. 500/- per document
Rs. 1000/- per document
Arrangement of stamp paper
Actual plus Rs. 100/- (flat)
Deposits obtained from Federal
Govt, Provincial Govt, Public Sector
Enterprises,autonomous bodies and
other Govt Agencies, Bodies and
Corporations
Rates quoted and agreed between
both parties
Purchase, Sale of PIBs being a
primary dealer to and from
customers of our branches
Charges NIL
9.
ii) FCY Current Accounts (monthly
average balance) USD 100 / EURO
100 / GBP 100 / JPY 5,000
Rs. 50/- or equivalent FCY per month
iii) **Saving LCY (account opening
balance Rs. 100/-)
Opening b alance Rs. 100/-
iv) Saving FCY Account
USD/GBP/EUR 250 or JPY 10,000minimum deposit
NIL
v) Royal Profit Rs. 50,000/- average
monthly balance
Rs. 43/- per month
vi) Alfalah Kifayat Account
Rs. 10,000/- monthly minimum
Rs. 43/- per month
vii) BBA (account opening balance
Rs. 1,000/-)
Nil
viii) Care Account (Opening balance
Rs.1,000/=)
Nil
ix) Pocket Money PKR account
(Opening balance Rs 1,000) & USD
account(opening balance US$ 100/=)
Nil
10.
Rs. 150 or Actual, which ever is higher
(Not applicable for DD issunace)
Rs. 250 or Actual, which ever is higher
11.c) Postage Charges
i) Inland
ii) Foreign
Rs. 100 (Not applicable for DD issunace)
Rs. 200
12. Other Charges
12.a) Account Closing
12.b) Out of pocket Expenses (not covered
by Schedule of Charges)
As per Actual
12.c) i) Standing Instructions
Frequency
Charges/Instance
of transaction
upto 6 days
Rs. 100
from 7-13 days
Rs. 200
from 14 days Rs. 250
less than monthly
monthly & above or eqv
Rs. 400
FCY for relevant slab
Cash Transaction At Service Branch:
a) Current Account / Alfalah Kamyab
Karobar:
Within city: Free
Intercity: Free
12.d) Online transaction charges
b) Saving Account/Royal Profit /
Alfalah Kifayat:
Within city: Free
Intercity: Rs. 150 for each
deposit/withdrawal
PKR 300/= per annum
PKR 50/= per transaction
Online Clearing/ Funds Transfer
transaction at Service Branch:
a) Current Account / Alfalah Kamyab
Karobar/Alfalah Kifayat:
Within city: Free
Intercity: Free
Note
**Following categories of PLS Accounts (LCY) would be exempted from
requirement of initial Deposit
Students, Staff, Mustahiqeen of Zakat, Employees of Government / Semi
Government Institutions for Salary and Pension Purpose, Merchant
accounts of Bank Alfalah Acquiring Business.
Widows / Children of deceased employees of government / Semi
Government, Institutions eligible for family pension / benevolent fund, grant.
* For life time free lockers facility, minimum retention period is one year. If
the locker is surrendered before one year, one year rental according to the
size of the locker will be recovered before refunding the key deposit.
*If the depositor do not maintain mentioned average balance criteria for
Small / Medium free locker given for one year, annual rent will be recovered.
b) Saving Account/Royal Profit:
Within city: free
Intercity: Rs. 100
Rs 40/- per report (recoverable at the
time of processing of fresh facilities OR
at the time of renewal OR limit
enhancement OR through EOL & OTT)
or at the time of Restructuring /
Rescheduling of the facility.
12.e) C.I.B Report
11. Communication
11.a) Courier Charges
i) Inland
Rs. 100 Inland (Not applicable for
DD issunace)
Rs. 1250 or actual whichever is higher
ii) Foreign
07
13.
Payroll Accounts
Fees and charges will be levied on
payroll accounts and associated
services as per arrangement with the
client, on a case to case basis.
14.
Term Deposit encashment penalty
If the term deposit is en-cashed
prematurely i.e. within a month, Profit
shall be paid as per prevailing rates for
saving accounts for the number of days
deposit held with the branch.
If the term deposit is en-cashed after any
specific tenure e.g. one month, three
months, six months etc. profit shall be
paid as per the present rate declared, for
the specific tenure completed for e.g.
one month, three months, six months
etc. Profit for the broken days (above the
specific tenure) shall be paid as per
prevailing rates for saving accounts.
NOTE:
Profit shall be paid after netting off
any amount of profit already paid. (in
case of profit payable on monthly,
quarterly, etc basis) Whenever a
request for partial withdrawal of term
deposit is allowed the entire amount
of deposit shall be treated as
premature encashment"
Rs. 500
ii) Default in performing standing
Instructions due to lack of funds
Mobile Banking Charges
a) Annual Fee
b) IBFT Transaction
B. MISCELLANEOUS CHARGES
Rs. 200 (for lcy accounts) or US$ 3 or
eqv (for fcy accounts). NIL for PLS and
AQF accounts
No fee is charged from customer
No fee is charged from customer
b) Utility Bill Payment at agents
c) Mobile Airtime Top-ups
Rs. 50/- per month
B. MISCELLANEOUS CHARGES
Branchless Banking
a) Pricing for Domestic Remittance (CNIC TO CNIC Transfer)
Slab Start
Slab End
FEE
FED*(PKR)
Total Charges(PKR)
1
1,000
51.72
8.28
60
1,001
2,500
103.45
16.55
120
2,501
4,000
150
24
174
4,001
6,000
205
32.8
238
6,001
8,000
258.62
41.38
300
8,001
10,000
310.34
49.65
360
10,001
13,000
360
57.6
418
13,001
15,000
405
64.8
470
Service Charges for not maintaining
requisite balance, as defined below
for all products:
i) PKR Current Accounts & Alfalah
Kamyab Karobar Rs. 5,000/- monthly
average balance
Rs. 50/-per withdrawal
GENERAL BANKING
GENERAL BANKING
11.b) Fax charges
i) Inland
ii) Foreign
Basic Banking
Cash withdrawal
a) Two withdrawals per month by
cheque
b) Above two withdrawals per
month by cheque
Rs. 100/- per certificate
Rs. 100/- per certificate
5.e)
GENERAL BANKING
Rs. 100/- per certificate
ii) Certificate of tax withheld on cash
withdrawals
3. Cheques / Cheque Books
4. Issuance of Certificate for Safe Items
Issuance of Duplicate Securities
GENERAL BANKING
B. MISCELLANEOUS CHARGES
3. Articles in Safe Custody
Boxes & Packages
Rs. 200/- per month or part thereof
for all locker sizes.
GENERAL BANKING
A. SALE / PURCHASE OF SECURITIES, SAFE CUSTODY,
ARTICLES IN SAFE DEPOSIT AND SAFE DEPOSIT LOCKERS
3.b)
2. Sale / Purchase of Securities
Note
1.a)
*Rent Rs. 2,000/- per annum
or life time free locker facility on
deposit of Rs. 30,000/- Key Deposit.
Refundable in case of surrender of
the locker facility
*Depositor maintaining deposit monthly average balance of Rs. 2 million or US$ 25,000
in current account or monthly average balance of Rs. 5 million or US$50,000 in regular
saving account or Alfalah Kifayat account or average monthly balance of Rs. 8million in
Royal Profit account will be provided free Small / Medium locker for a year.
1.b)
1.e)
GENERAL BANKING
A. SALE / PURCHASE OF SECURITIES, SAFE CUSTODY,
ARTICLES IN SAFE DEPOSIT AND SAFE DEPOSIT LOCKERS
1.d) Issuance of Drafts, MTs, & TTs
US$ 15 or equivalent PKR + SWIFT
Charges
0.3% will also be applicable if
amount is not retained in the
account for 15 days
1.c)
GENERAL BANKING
12.f ) Hold mail
Rs. 600/- p.a. , to be recovered at start
of the year.
12.g) Wateen Bill Paymety through ATMs
Rs. 25/- per payment
08
15.
Alfalah Kamyab Karobar
Features
Average Monthly Balance
Requirement
Online Banking transaction
per day (Pan Pakistan)
Pay Orders/ DD (should be made
through debit of account)
Cheque book
Over the counter cash deposit
Online Clearing
Silver
Rs. 5,000 to
Rs. 50,000/Free
Gold
Above Rs. 50,000/to Rs. 100,000/Free
Platinum
Above Rs. 100,000/-
2 Free PO/DD only
Unlimited PO/DD
per Month
1 Free 25 leaf
every Month
Free (In to AKK acct
only PAN Pakistan)
Free
Unlimited PO/DD
per month
Unlimited
25 leaf Check Book
free one time
Free (In to AKK acct
only PAN Pakistan)
Free
Free
Free (In to AKK acct
only PAN Pakistan)
Free
Note
These are our standard charges and concessions may be granted at the
discretion of management.
Excise duty & other government charges where applicable are in
addition to mentioned charges.
The Bank reserves the right to determine the applicability of above
charges and commission as per arrangement with the customers
The Bank reserves the right to make a charge on those accounts which
involve unusual work
Quarter wherever mentioned in this SOC means three calendar months.
THE TARIFF IS VALID FOR SIX MONTHS AND IS APPLICABLE TO
ALL CONVENTIONAL BANKING BRANCHES IN PAKISTAN
B.A. Building, Bank Alfalah Limited,
Head Office, Karachi
Ph: 111-777-786, Fax: 021-32411136
SCHEDULE OF
BANK CHARGES
(Excluding FED)
FROM 1ST JANUARY 2013 TO 30TH JUNE 2013
General
Banking
SAFE DEPOSIT LOCKER
SALE/PURCHASE OF SECURITIES
ARTICLES IN SAFE CUSTODY
MISCELLANEOUS
MINIMUM BALANCE REQUIREMENTS
FOREIGN
DOMESTIC
