New 18% VAT on Selected Financial Services
In line with Ministerial Order No. 001/25/10/TC of 16/04/2025, which specifies financial and insurance services exempted from Value Added Tax (VAT), please note that an 18% VAT will now apply to certain banking services.
AFFECTED SERVICES |
ACCOUNT MAINTENANCE FEES |
ATM BALANCE INQUIRY FESS - VISA |
ATM INTERNATIONAL ACQUIRING FEES |
ATM MINI STATEMENT FEES - VISA |
ATM VISA CASH WITHDRAWAL CHARGES |
BANKERS’ CHEQUE REQUEST |
PAYMENT ORDER REQUEST |
STANDING ORDER INITIATION |
OTHER CHEQUE-RELATED COMMISSION |
STANDING ORDER AMENDMENT |
CHEQUE BOOK REQUEST |
BRANCH CASH WITHDRAWAL |