Excluding VAT BANK OF AFRICA APPROVED TARIFF GUIDE - JULY 2015 DOMESTIC SERVICES G E N E R A L S E R V I C E S T A R I F F S

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1 BANK OF AFRICA APPROVED TARIFF GUIDE - JULY 2015 Excluding VAT DOMESTIC SERVICES G E N E R A L S E R V I C E S T A R I F F S INITIAL DEPOSIT Current account corporate Not less than GH Current account sole proprietorship Not less than GH Crrent Account Personal Not less than GH Savings account - Personal Not less than GH Savings account - Club and Society Not less than GH KIDS AND TEENS ACCOUNT (KITSAC) GH Non Resident account GH Executive Savings account Individual GH 100; Corporate GH 200 Pearl account Individual GH 1000, Enterprise GH 5000 Student Savings GH 10 Church account-current GH 200 Church account-fixed deposit/call GH 1000 COMMISSION ON TURNOVER (COT) Current account Forex/ FCA (Charges in the currency of the account- $; ; ; ) Individual GH 5.00 SMEs GH Corporates GH Individual 2 SMEs 10 PEARL ACCOUNT Corporates 10 No COT charge with respect of the following daily balance

2 Individual Sole Proprietorship SMEs with annual turnover of less than GHS5m SALARY PROCESSING Internal customers (Employer/Employee/ Pensioner) External customers GH 1, GH 5, GH 10, GH 1.50 per staff GH per bank STANDING ORDER Set up free Internal (eg: same account name) From Parent/Guardian account to KITSAC from a BOA account to another BOA account External (through ACH) GH 3.00 per transaction GH per transaction PAYMENT ORDER (DRAFT) Students Others Non customers Senior Citizens account Holder GH 5.00 flat 0.75% (GH 8.00 min/ GH max) 1.0% (GH min/ GH max) free TRANSFERS Customer to customer account Customer to Non customers 1% (GH min/ GH max) TRANSFERS TO OTHER BANKS (through ACH) GH TRANSFERS TO OTHER BANKS (through ACH Express) GH TRANSFERS TO OTHER BANKS (through Swift) GH STOPPED CHEQUE GH per order ACH direct debit with insufficiant balance GH 5.00 free COUNTER TRANSACTIONS Counter cash withdrawal for amount less than GH on individual accounts (current and saving) Withdrawals on non-boa ATMs STATEMENT REQUEST Monthly Off cycle Off cycle above one year GH 2.00 on account holder GH 1.50 on account holder GH 5.00 per sheet Gh per sheet Certificate of balance GH Auditors Questionaires GH Statements confirmation GH 20.00

3 OTHER REQUEST Less than 3 months GH Between 3 and 12 months GH More than 12 months GH Changing or adding new signature on the account GH CHEQUE BOOKS Personal A/C (25 leaflets) GH 5.00 Personal A/C (50 leatlets) GH Corporate A/C (50 leaflets) GH Corporate A/C (100 leaflets) GH Counter cheque GH CLEARING CHARGES Local clearing Special Clearing (Sameday Clearing) GH Returned cheques inwards Returned cheques outwards (No funds) 10% of face value Returned cheques over the counter (unsificiant funds) 10% of face value SESAME DEBIT CARD New Card issuance Transaction Fee per withdrawal GH 0.50 Renewal of the Card GH 5.00 Replacement of damage card GH 5.00 Replacement of lost card GH Forgotten PIN GH 5.00 Destruction of ATM card after months GH POINT OF SALE On every transaction (merchant account) 2.50%

4 CASH PICK UP CHARGES Cash pick up (On client's request) GH per month above GH per collection (on average) GH per month equal and under GH per collection (on average) E BANKING CHARGES SMS Alert B-WEB (view) B-WEB Perso (for transactions) B-WEB Pro (for transactions) B-MOBILE GH 5.00 per month GH per month GH 2.00 per month OTHER ACCOUNT MAINTENANCE FEE Confirmation letter of administration GH flat Garnishee proceedings GH flat CREDIT PRODUCTS Invoice Discounting/LPO Financing IPC (Certificate) Discounting Advance Payment (Mobilization) Guarantee 0.5% a year monitoring fee debited quaterly 2% guarantee fee per quarter Performance Guarantee/Bond

5 0.5% a year monitoring fee debited quaterly 2% guarantee fee per quarter Retention Guarantee 2% guarantee fee per quarter Bank Guarantee 2% guarantee fee per quarter Bid Bond/ Security 2% of face value. Min-GH Overdraft and Loan Only for Loan 0.5% a year monitoring fee debited quaterly Cash Backed Facility Interest Charge (Min: Base Rate) 1% Processing Fee 1% Commitment Fee Cash Backed Facility (Blue Chip Corp. Clients) Interest Charge (not below cost of funds) Bank Credit Letter 0.10% of face value. Min - GH Max - GH Letter of Intent/ Comfort Letter GH Vehicle Financing/Leasing Scheme Employee Personal Loan D.A.U.E 2% processing fee minimum 20

6 Approved overstepping facility 2% processing fee minimum 20 FOREIGN OPERATIONS INTERNATIONAL OPERATIONS Account Opening USD / GBP / EUR (Foreign) Min. Amounts NIL USD (Forex) Min. Amounts $500 GBP (Forex) Min. Amounts 300 EUR (Forex) Min. Amounts 500 Foreign Equity confirmation Letter GH 100 Special Customer's enquiries GH 100 Cheque Lodgements Local Cheques Offshore Cheques 1.5% of face value (min $30) Stop Payment Order $5 Returned Inwards Returned Outwards $10 Dishonoured cheques (offshore) $100 + correspondant bank fee CASH WITHDRAWAL Foreign Currency Acct. (on Transfer Deposits) Foreign Exchange Acct.(on Trsf./Chq.Deposits) 2.5% of face value 1.5% of face value FX DRAFTS Foreign Currency Account 1% of face value (min $20) Foreign Exchange Account 1% of face value (min $20) Bank Of Ghana Draft 0.50% of face value (min $10) INWARD REMITTANCES

7 Return of funds $50 OUTWARD REMITTANCES Forex Account 1% of face value (min GH 45/ or $15) + $30 for swift 1% on the amount transferred on CEDIS account LETTERS OF CREDIT-IMPORTS Establishment Commission 1% per Quarter (min $100) Drawing Commission Swift $40 Amendments to amount 0.5% per quarter on LC amount 1.5% of increase (Per Quarter) Extension of period 1.5% per Quarter (GH 120 if extension is within same quarter) Other amendments $50 Cancellation fee $100 + $30 SWIFT Letter of guarantee for absence of bill of lading for a L/C $100 LETTERS OF CREDIT-EXPORT Advising Commission Customers GH 50 Non-Customers GH 70 Export Document Negotiation 1% of invoice value (mini $150) Export Document Handling 0.25% of invoice value Confirmation Commission 0.5% per quarter Postage / Courier $50 Expired / Unutilized LC $100 DOCUMENTARY BILLS FOR COLLECTION IMPORT Handling Charges $50 Payment Commission 0.5% of face value Swift $30 Accepted Bills of Exchange Reminder on Overdue Bills GH 30

8 DOCUMENTARY BILLS FOR COLLECTION EXPORT Handling Commission 0.75% of face value (max $100) Courier $50 P AC K A G E P R O D U C T S PUBLIC SERVICE PACKAGE Minimum deposit GHc Commission On Turnover (COT) CHEQUE BOOK CHARGES Initial Cheque Book (max 50 leaves) ATM CHARGES ATM card (SESAME) e-banking CHARGES SMS alert B-MOBILE B-WEB (view) B-WEB Perso (for transactions) GH 5.00 per month LOANS & OVERDRAFTS (when agreed) Processing fee on loan (50% discount) 0.75% flat fee Commitment fee on loan (50% discount) 0.75% flat fee Interest on loan *GH Base rate + 3% p. a. Processing + commitment fee on overdraft GH Interest rate on overdraft *GH Base rate + 3% p. a. MEMBERSHIP FEE

9 Monthly flat fee debited at end of each month GH 3.00 Minimum net monthly salary **GH EMPLOYEE PACK Minimum deposit GHc COMMISSION ON TURNOVER (COT) CHEQUE BOOK CHARGES Initial cheque book (max 50 leaves) Renewal of cheque book (max 50 leaves) Replacement of lost cheque book GH per (50 leaves) booklet ATM CHARGES ATM card (SESAME) e-banking CHARGES SMS alert B-MOBILE B-WEB (view) B-WEB Perso (for transactions) GH 5.00 per month LOANS & OVERDRAFTS (when agreed) Processing fee on loan (33% discount) 1% flat fee Commitment fee on loan (33% discount) 1% flat fee Interest on loan *GH Base rate + 3% p. a. Processing + commitment fee on overdraft GH Interest rate on overdraft *GH Base rate + 3% p. a. MEMBERSHIP REQUIREMENT Monthly flat fee debited at end of each month GH 4.00 Minimum net monthly salary **GH

10 *Interest rates are subject to change at the Bank's sole discretion **Salary of Customer must be channeled directly through BOA-Gh account MY BUSINESS PACK ACCOUNT BALANCE Minimum deposit GHc COMMISSION ON TURNOVER (COT) ATM CHARGES ATM card (SESAME) e-banking CHARGES SMS alert B-MOBILE B-WEB (view) B-WEB Perso (for transactions) GH 2.00 per month GH 5.00 per month MEMBERSHIP FEE Monthly flat fee debited at end of each month AMBITIOUS SAVINGS PLAN COMMISSION ON TURNOVER (COT) ACCOUNT BALANCE Minimum deposit GH e-banking CHARGES SMS alerts

11 Internet Banking view option DISCOUNTS ON AMBITIOUS SAVINGS PLAN LOAN Standard processing fee of 1.5% disc. at 50% Standard commitment fee of 1.5% disc at 50% 0.75% flat fee 0.75% flat fee INTEREST RATE ON LOANS Interest rate on Ambitious Savings Plan Loan * GHc base rate + 3% p.a. MEMBERSHIP REQUIREMENTS Minimum monthly savings amount Minimum account opening balance Minimum contract period for Ambitious Savings Plan GH GH months ELITE BANKING SERVICE CHARGE ON TURNOVER (COT) Elite Current Account Savings Account Elite Pearl Account Flat of Ghc50 for Executive and for Elite GH New Elite Card issuance and replacement GH INITIAL DEPOSIT Elite Current Account Elite Ghc3,000 Executive Ghc500 Elite Call GH 10, Elite Fixed Deposit GH 10, Elite Save Account GH 1, Elite Pearl Account GH 5, Elite KIDS and TEENS Account (KITSAC) GH 1,000; $500; 500; 500 Non Resident Account GH 1,000; $500; 500; 500 ELITE FOREIGN OPERATIONS

12 INTERNATIONAL OPERATIONS Account Opening USD (Foreign) Min. Amounts NIL GBP (Foreign) Min. Amounts NIL EUR (Foreign) Min. Amounts NIL USD (Forex) Min. Amounts $1,000 GBP (Forex) Min. Amounts 500 Eur (Forex) Min. Amounts 500