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= CURRENT ACCOUNTS =

Services Provided Individuals Legal Entities
Opening GEL current account no charge 5 GEL
Opening one foreign currency current account US$15 US$50
Opening an additional foreign currency account US$5 US$5
Account advises no charge no charge
Issuing a Personal Identification Number (PIN) * US$5 US$5
* Required to enable account holder to obtain account balance by telephone


= CASH SERVICES =

Services Provided Individuals Legal Entities
Deposit of coins or exchange of coins to banknotes
-- up to 100GEL no charge no charge
-- above 100GEL 1% 1%
Cash withdrawal from a current account No withdrawal charges for amount
which were deposited in cash
-- in GEL 0.15% 0.15%
-- in foreign currency 0.7% 0.7%
Armored car services by agreement by agreement
Safe custody service by agreement by agreement
Worn-out banknote exchange 5-10%


= MONEY TRANSFERS =

Services Provided Individuals Legal Entities
Incoming money transfer to the
customer's account
no charge no charge
Outgoing money transfers from the customer's current account
-- in GEL 0.07%
min 0.50 GEL
0.07%
min 0.50 GEL
-- in foreign currency 0.35%
min US$30
0.35%
min US$30
-- interbank transfer no charge no charge
Outgoing money transfers for non-customers
-- in GEL 0.07%
min 3 GEL
 
-- in foreign currency 0.6%
min US$50
 


= FOREIGN EXCHANGE OPERATIONS =

Buy/sell foreign currency for GEL Absolute Bank's Rate
Buy/sell one foreign currency for
another foreign currency
Absolute Bank's Rate
Conversion operations on Tbilisi Interbank Foreign Exchange
-- up to US$500.000 1%
-- over US$500.000 0.75%


= CHECK OPERATIONS =

Personal check collection 2% of the amount collected by the
correspondent bank + courier charges *
Traveler's checkcollection 1.2%
Issuing a bank check US$5 for each check
up to US$ 1.500 face value
0.35% for each check
over US$ 1.500 face value
* If several checks are presented at the same time,
courier charges apply to all checks together


= DOCUMENTARY LETTERS OF CREDIT – IMPORTS =

Pre-advising US$100 *
Issuing 0.3%, min US$100 *
Amending US$80
Paying 0.3%, min US$100
Canceling US$100
Other As debited
* Assumes adequate collateral


= DOCUMENTARY LETTERS OF CREDIT – EXPORTS =

Advising 0.15%, min US$100, max US$500
Amending US$80
Confirming
-- for up to 3 months 0.5%, min US$120
-- for up to 6 months 0.7%, min US$200
-- for each additional month 0.2%, min US$100
Negotiating 0.25%, min US$120
Paying 0.2%, min US$100
Other As debited


= ADDITIONAL SERVICES =

Issuing any certificate 5 GEL
Mail services
-- around Tbilisi 0.50 GEL
-- around Georgia 1 GEL
Courier Services Courier charges + US$5
Fax Service
-- to Tbilisi No charges
-- within Georgia 1 GEL per page
-- abroad US $3 PER PAGE
Telex/SWIFT transmission US$5
Phone calls abroad 3 GEL per minute
Issuing a telegraphic test-key US$ 15
Additional or consolidated account statements 5 GEL


= GUARANTEES =

Issuing Determined case by case
Amending US$50.00
Canceling US$50.00
Paying 0.2%, min. US$100


= TIME DEPOSITS =

Time Deposits are accepted in US Dollars and GEL at competitive interest rates.

Visit or call current rates for deposits of one month to one year.


= SAVINGS ACCOUNTS =

---- Accounts in dollars or Lari
---- Minimum account balance $ 150 or equivalent in GEL
---- Interest at competitive rates, paid monthly
Services Provided
Opening a GEL savings account no charge
Opening a foreign currency savings account no charge
Account advises no charge
Issuing a Personal Identification Number (PIN) * US$5
Cash deposit in a savings
account in foreign currency
no charge
Cash withdrawal from a Savings Account No withdrawal charges
for amounts which were
deposited in cash
-- in GEL 0.15%
-- in foreign currency 0.7%
* Required to enable account holder to obtain account balance by telephone


= PAYMENT CARDS =

Absolute Bank issues VISA Cards as well as its own UFC Card. VISA is the premier international card, accepted almost everywhere. The UFC Card for Lari payments is accepted by many merchants and the offices of five banks throughout Georgia. Ask for information at any Absolute Bank office.