Credit Facilities Ordinary Loans: (Interest by maturity not related to LIBOR) Interest index (1): USD 9% 11% A yearly commission shall be calculated provided it does not exceed 1% of the yearly balance and not more than 4% of the life of the loan JOD 9% 11% A yearly commission shall be calculated provided it does not exceed 1% of the yearly balance and not more than 4% of the life of the loan Euro 7% 9% A yearly commission shall be calculated provided it does not exceed 1% of the yearly balance and not more than 4% of the life of the loan 1. Bank of Palestine Lending Program for Real Estate Mortgage (Interest by maturity related to LIBOR + interest by maturity not related to LIBOR) Commission index (4): الفوائد العموالت USD 5.5% )Libor + 4%( 12% 1% one-time grant commission deducted in advance when disbursing the loan on payment index (4) JOD 7.5% - 1% one-time grant commission deducted in advance when disbursing the loan on payment index (4) 2. Loans offered to institutions as follows: These loans are granted with annual interest + LIBOR according to the offer proposed by companies or institutions. Disbursed in USD. Payment index (5) shall be adopted. Index (1) shall be adopted. An annual commission shall be calculated and deducted in advance or by maturity provided that it does not exceed 1% of the existing balance annually and not more than 4% throughout the life of the loan. The minimum interest on loans (3% + LIBOR with a 5% minimum) and a maximum of 9%. Ordinary loans shall be granted by maturity to private sector employees starting from 12020 times the salary with 8% interest and decreasing for the loans disbursed in USD, and an interest of 1% to be deducted in advance when granted for one time only on commission index (4). Decreasing loan commission shall be calculated as follows: Loan Life :Limit for Commission Rate 6 years until 7 years 1% (unchanging) 7 years until 8 years 0.8% 8 years until 9 years 0.7% 9 years until 10 years 0.66% Older than 10 years 0.57%
3. Loans: (Deducted interest) Commission index (1): USD 9% 11% Commission deducted in advance provided it does not exceed 1% of the annual balance and not more than 4% throughout the life of the loan JOD 9% 11% Commission deducted in advance provided it does not exceed 1% of the annual balance and not more than 4% throughout the life of the loan Euro 9% 9% Commission deducted in advance provided it does not exceed 1% of the annual balance and not more than 4% throughout the life of the loan 4. Fixed Interest Loans: Commission on fixed interest loans on commission index (4) USD - 7.5% FLAT (on date of maturity) JOD - 7.5% FLAT (on date of maturity) ILS - 8% FLAT (on date of maturity) Commission deducted in advance provided it does not exceed 1% of the annual balance and not more than 4% throughout the life of the loan Commission deducted in advance provided it does not exceed 1% of the annual balance and not more than 4% throughout the life of the loan Commission deducted in advance provided it does not exceed 1% of the annual balance and not more than 4% throughout the life of the loan 01/07/2014 5. Production Loans: USD 6. French Grant Loans 6% 9% Annual commission deducted in advance or by maturity provided it does not exceed 1% of the annual balance and not more than 4% throughout the life of the loan Euro - 6% at maturity date and decreasing 1 Annual commission deducted in advance or by maturity provided it does not exceed 1% of the annual balance and not more than 4% throughout the life of the
7. Development Loans (ARIZ): Maximu8m USD 6% 9% Annual commission deducted in advance Euro 6% 9% or by maturity provided it does not exceed 8. Operational Loans 9European Guarantee Fund) (EPCGF) USD 9. Green Loans: 6% 9% Loan commissions (1%) lump sum Loan management commission (1%) lump sum USD - 5% at maturity date and decreasing 10. Personal Loans for Housing Purposes: - USD - 6% decreasing 1% with a maximum of 3% deducted in advance upon grant for one time on payment index (4) JOD 7.5% decreasing 1% with a maximum of 3% deducted in advance upon grant for one time on payment index (4) 11. Italian Loans: Euro - 55% at maturity date and decreasing (0,5%) lump sum 12. Housing Loans Program: (Amal Program for Real Estate Mortgage): USD 4.99% specified monthly based on the global interest price 5 Year Interest Rate Swap 13. Microfinance Unit: 1. Granting of Loans Policy at the Microfinance Unit 1% paid for one time in advance when loan is disbursed 2
CREDIT DATE AMOUNT IN USD WORKING CAPITAL FIXED ASSETS Less than 6-12 12-18 None 1,000 1,000-5,000 6-12 12-18 6 1,000-6,500 6-12 12-24 12 1,000-8,000 6-12 12-36 24 1,000-6-12 12-36 10,000 30 1,000-6-12 12-36 12,500 36 & 1,000-6-12 12-36 above 15,000 FIXED MONTHLY INTEREST FRACE PERIOD COMMISSION 1.1 None 1% in advance 1.1 None 1% in advance 1.3 None 1% in advance 3.0 None 1% in advance 3.0 None 1% in advance 3.0 None 1% in advance 3.0 None 1% in advance 2.1 Microfinance Housing Loans: AMOUNT IN USD MINIMUM DURATION MAXIMUM DURATION FIXED MONTHLY INTEREST GRACE PERIOD COMMISSION 1,000-5,000 12 36 1.2% None 1% in advance 5,001-10,000 12 42 1.2% None 1% in advance 10,001-15,000 12 48 1,2% None 1% in advance 2.2 Personal Loans: LOAN AMOUNT MAXIMUM MONTHLY GRACE COMMISSION LIMIT IN USD DURATION INTEREST PERIOD Personal 00333 18 1.2% None 1% in advance 14. University Loans: USD - 8% (at date of maturity) - JOD - 8% (at date of maturity) - 11. University Loans IFC: 16. Car Loans: JOD - 9.25% decreasing - Car Status USD - 4% FLAT New - - 5% FLAT Used - 3
11. Installment Loans for the National insurance Company: Commission Index (4): ILS - 8% FLAT Commission deducted in advance provided it does not exceed 1% of the existing annual balance and not more than 4% throughout the life of the loan. Overdraft: 1. Commission of 0.25% with a minimum of ILS 50 or its equivalent in other currencies upon granting temporary facilities provided that the duration of facilities does not exceed 1 month. Facilities with 100% cash insurance guarantee shall be exempt of this commission, and facilities granted to commissions, ministries and government institutions where the facilities are provided to this category with 100% insurance guarantee. ILS 11.00% 16.00% 1.0% USD 9% 11.00% 1.0% JOD 9% 11.00% 1.0% EURO 7% 9.00% 1.0% 2. Overdraft commission for employees an annual of 1% from the granted limit deducted monthly. 3. Revolving overdraft interests shall be calculated as overdraft interest. 4. An interest 21% shall be imposed in ILS and 15% on all other currencies for the following accounts. Accounts Receivable Balances Symbol On demand 033300331003310033000334 Exceeding overdraft limit 1033010310103001034 Overdraft documentary 1031 Guaranteed paid withdrawals/credits 1011 Guaranteed withdrawals Incoming collection policies 1011 Paid guarantees/customers 1013 Mature overdraft 1013 Type pf Commission Clarifications الرقم 1 Commission on submittal of facilities form 2 Commission on deferment of one or more installments 3 Commission on early payment 4 Scheduling commission in case of default 5 Commission ion replacement of guarantor USD 2 for individuals USD 5 for companies and institutions 1% of the installment value Aد maximum of USD 10 for individuals 1.5% From the value of the balance to be paid (partially or wholly) 1% For each schedule USD 5 6 Unused ceiling or limit 1% per year Collected from the debtor for each guarantor 4
7 Commission on cancellation of facilities after administrative approval and before implementation 8 Commission on changing or amending the guarantee (change of mortgage) USD 5 for individuals USD 10 for companies and institutions USD 10 01 /07//2014 Tenth: Miscellaneous Services Type of Commission Clarifications الر قم 1. Collection of bills and payment of tax Collected if individual wishes to pay via USD 0.5 vouchers the teller 3. Metal boxes (deposits) USD 50 per year USD 75 per year USD 120 per year Small box Medium size box Large box 4. Depositing of metal cash 2% ILS 5 for each bag as commission for the correspondent bank and shipment cost 5
5. 6. Depositing of damaged cash in USD (in case of the approval of the Monetary Management Department) Depositing of damaged cash in ILS (in case of the approval of the Monetary Management Department) Cash withdrawal at the counter 7. Postal costs 8. Request of an account statement (nonperiodical and based on the request of customers) 10% with a maximum of USD 20 10% with a minimum of ILS 20 ILS 3 / Withdrawal USD 50 USD 0.125 per page 6 Added to it any commission for the correspondent bank Includes correspondent bank Collected from all customers except those not eligible to have an ATM card including people with special needs (deaf, dumb, blind) and the illiterate. Withdrawals of customers exceeding the daily withdrawal limit of the ATM card shall be exempt from the commission The customer s account shall bear the commission within the cost limits only For the first 20 activities per month customers shall be offered free statement of account for one time upon their request. Periodic statement of account shall be given to all customers (individuals, companies and institutions) for free once every 6 upon their request or according to agreed mechanism between the bank and customersا 9. Request of a historic statement of USD 1 per page with a account for a closed account minimum of USD 10 10. Photocopying of cheques and bills ISD 0.5 per page For bills less than 1 year old 12. Issuance of balance certificate, solvency, volume of trade, clearance and auditing certificates in Arabic and English USD 5 for individuals USD 10 for companies and institutions 14.. Matching signatures of third parties USD 5 15 Cash withdrawal 0.05% or a maximum of USD 300 1. A commission may be collected on daily cash withdrawals exceeding USD 30,000 or its equivalent in other currencies with a ceiling or limit of USD 300,000 per month. 2. A bank reserves the right to refrain from carrying out daily cash withdrawal operations exceeding USD 100,000 or its equivalent in other currencies except after two days of being notified by the customer who wishes to make the withdrawal. 3. A commission may be collected on monthly withdrawal operations exceeding USD 300,000 or its equivalent in other currencies with a maximum limit (to be collected
only in the event the owner of the account has withdrawn cash from his personal account)..10.10 Cash deposit in ILS 0.2% Cash deposit in one branch and withdrawal in another branch.025% or USD 10 whichever is less The bank may collect commission on daily deposits in ILS for the amount exceeding ILS 100,000. The bank may collect commission on the overall monthly deposits exceeding ILS 500,000 provided that the calculation of deposits for which commission had been paid is not repeated within the daily limit or ceiling Collected in the event of cash deposit at one branch and cash withdrawal at.another branch on the same day. 11 Acceptance of instructions by fax USD 5 Commission collected for one time. 12 Acceptance of delegation for individuals USD 5 Commission collected for one time.13 Disbursement of grants and financial aid USD3 Collected from the institution or donor according to statements.11 Disbursement of grants and financial aid USD 5 Collected from the institution or donor to special agreements according. 11 Dividing shares of heirs USD 5 For each share except for minors.10 Amending, adding and cancelling persons USD 3 delegated to sign. 14 Machine payment collection of bills ILS 4 Note: In case of losing deposit box key, the customer shall bear the cost of a new key and box reparation. 01 /07/ 13/ 4 Deposit Accounts Instructions Paid Time Deposits and Immediate Deposits USD Deposits Amount 1 Month 3 Months 6 Months 9 Months 1 Year 1,000-49,999 0.1000 0.1500 0.2000 0.2500 3.1333 50,000-149,999 0.1500 0.2000 0.2500 0.5000 3.0133 1130333 & above 0.2000 0.2500 0.5000 0.7500 1.3333 JOD Deposits Amount 1 Month 3 Months 6 Month 9 Months 1 Year 7
700-49,999 1.1133 1.1333 1.0133 0.3333 0.1133 1420222 130333 1.1333 1.0133 0.3333 0.1133 0.1333 150,000 & above 1.0133 0.3333 0.1133 0.1333 0.0133 Euro Deposits Amount 1 Month 3 Months 6 Months 9 Months 1 Year 1,000-49,999 0.0100 0.0200 0.0500 0.1000 0.1500 50,000-149,999 0.0200 0.0500 0.1000 0.1500 0.2000 150,000 & above 0.0500 0.1000 0.1500 0.2000 0.2500 ILS Deposits Amount 1 Month 3 Months 6 Months 9 Months 1 Year 5,000-99,999 0.7500 1.0000 1.2500 1.5000 1.7500 100,000-499,999 1.0000 1.2500 1.5000 1.7500 2.0000 500,000 & above 1.2500 1.1333 1.0133 1.3333 1.1133 Savings Deposits 2 Years 3 Years 4 Years 5 Years USD 2.25% 2.50% 3.00% 3.5% JOD 4.50% 4.75% 5.00% 5.25% ILS 3.50% 3.75% 4.00% 4.25% The above mentioned ratios may change according to global process or the prices of the local market. All branches have to obtain permission from the Employment Department to obtain a special interest price or to change the interest price for customers who receive a daily interest on their current accounts. The minimum to fix a savings deposit is USD 10,000 or its equivalent in other currencies. 01 /07//2014 Paid on Balances between Administration and Branches Creditor Debtor ILS 2.5000 4.0000 USD 3.1333 1.3333 JOD 3.2500 5.2500 EURO 3.1333 1.1133 8