Simplify your international transactions

Together towards new markets

Choose BEA

A global network with more than 1200 banking correspondents.
Specialists with extensive international expertise.


Our International Payment Methods

Our International Payment Methods


Documentary Credit

Enhance the commitment and security of your transactions with foreign partners.

Documentary Collection

Secure your transactions with foreign clients.

Free Transfer and Cheque Collection

Optimal fund transfer security via the SWIFT network.

Repatriation of Your Foreign Currencies

Facilitate your import-export activity by opting for international transfers.


Our Rates

9 - Foreign Trade Operations
10 - Foreign Trade wallet Operations
11 - Foreign Correspondent Fees

9 - Foreign Trade Operations

9-1. Import Operations

Nature of OperationsFeeValue Date
Import Domiciliation3.000 DAOpening Date
Opening of the Letter of CreditFixed commission 3,000 DZD + Swift fees 3,000 DZDDay before the operation
Modification or cancellation of the Letter of CreditFixed commission 3,500 DZDDay before the operation
Provisioned commitments2.5‰ (min 2,500 DZD)Per indivisible rolling quarter
Partially provisioned commitments at 90%2.90‰
Partially provisioned commitments at 85%3.10‰
Partially provisioned commitments at 80%3.30‰
Partially provisioned commitments at 75%3.50‰
Partially provisioned commitments at 70%3.70‰
Partially provisioned commitments at 50%4.50‰
Partially provisioned commitments at 30%5.30‰
Partially provisioned commitments at 25%5.50‰
Partially provisioned commitments at 20%5.70‰
Partially provisioned commitments at 15%5.90‰
Partially provisioned commitments at 10%6.10‰
Non-provisioned commitments6.50‰
Exchange and settlement commissionSwift fees 3,000 DZDOpening Date
Recovery of transfer commission Bank of Algeria (excluding currency accounts)1‰Settlement Date
Import Remdoc - Exchange and settlement commissionSwift fees 3,000 DZDSettlement Date
Import Remdoc - Acceptance commissionCommission 3,500 DZDDate d'acceptation
Import Remdoc - Recovery of transfer commission Bank of Algeria1‰Settlement Date
Transfer operations - Exchange and settlement commission0.25% (min 2,500 DZD) + Swift fees 1,500 DZDSettlement Date
Transfer operations - Recovery of transfer commission Bank of Algeria1‰Settlement Date

9-2. Export Operations

Nature of OperationsFeeValue Date
Domiciliation1,500 DZD per fileOpening Date
Confirmation commission (Export Letter of Credit)1‰ (min 5,000 DZD) per indivisible quarterConfirmation Date
Notification commission0.50‰ (min 2,500 DZD) per indivisible quarterNotification Date
Negotiation commission (payment)1‰ on invoiced amount (min 2,500 DZD per shipment)Negotiation Date
Deferred payment commission1‰ per month on invoiced amount (min 2,500 DZD)Invoicing Date
Modification fees2,000 DZD per modificationModification Date
Mail charges (DHL, etc.)As invoiced-
Export Remdoc0.1% (max 2,000 DZD per file)-

* All commissions are subject to VAT at the applicable rate.

10 - Foreign Trade wallet Operations

Nature of Operations Fee Value Date
10-1. Collection of foreign checks 0.15% (min 1,000 DZD, max 3,000 DZD) Date the check is presented
Return notice / Unpaid check 1,500 DZD per item -
10-2. Issuance of checks payable abroad 0.25% Date the check is presented
10-3.a. Collection of free drafts credited after cashing
  • Drawn on BEA branches: 0.15% per item (min 600 DZD, max 2,400 DZD)
  • Drawn on another bank: 0.15% per item (min 1,200 DZD, max 2,400 DZD)
-
10-3.b. Bills or documentary remittances for collection or acceptance
  • Drawn on one of our branches: 0.25% per item (min 2,000 DZD, max 10,000 DZD)
  • Drawn on another bank: 0.25% per item (min 2,000 DZD, max 15,000 DZD)
-
10-3.c. Possible additional charges
  • Non-domiciled drafts: 1,000 DZD per item
  • Additional presentation or at acceptance: 600 DZD
  • Overdue drafts (one month after receipt or after due date): 0.1% per month (min 600 DZD/item)
  • Draft extension, return notice: 1,000 DZD/item
  • Return of unpaid claimed drafts:
    • Unprotested: 1,000 DZD/item
    • Protested: 1,000 DZD/item + fees
-

* All commissions on Bank operations are subject to VAT at the applicable rate.

11 - Fees applied to foreign correspondents (International Guarantees)

Type of Fees Amount / Rate Remarks
File processing fee 3,500 DZD -
Commitment fee 1% per year, min 2,000 DZD
0.25% per full and indivisible quarter
-
Management fee 1,500 DZD Starting from the 2nd quarter
Modification fees 2,000 DZD -
Call fee 2,000 DZD -
Research fee 2,000 DZD -
Miscellaneous fees (Swift, fiscal stamps...) Varies depending on case -

* Commissions are stated in Dinars and collected in foreign currency.
* All commissions are subject to VAT at the applicable rate.

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8. Contact details of The Foreign Bank of Algeria (BEA)

HEAD OFFICE: 11 Boulevard Colonel Amirouche – ALGIERS BP 323 – ALGIERS GARE R.C. 0011452 B 00

HEADQUARTERS: 42 Rue des Frères Bouadou – 16005 Bir Mourad Raïs, ALGIERS – ALGERIA

🌐 Website: https://www.bea.dz