Edaa’s membership and service fees are as follows:
Service | Fees(SAR) | Frequency |
---|---|---|
Initial Membership | 60,000 |
One Time |
Annual Membership | 30,000 |
Annual |
Securities Pledge / Un-Pledge | 20 |
Per Transaction |
Securities Transfer for same NIN | 20 |
Per Transaction |
Transfer the ownership of the securities from Murabaha portfolios to the clients' portfolios | 35 |
Per Transaction |
Transfer the ownership of the securities from portfolio of Legal Personal to his employees portfolios | 70 |
Per Transaction |
Securities Transfer between family members | 50 |
Per Transaction |
Securities Transfer for endowments purpose | 50 |
Per Transaction |
Securities Transfer for wills purpose | 50 |
Per Transaction |
Securities Transfer for charities purpose | 50 |
Per Transaction |
Securities Transfer for inheritance purpose | For Free |
Per Transaction |
Securities Transfer Cross-Market | 50 |
Per Transaction |
Securities Transfer - to/from nominee account under the DR bank for DR creation/cancelation purposes | 20 |
Per Transaction |
Securities Transfer - to/from Dealing AP's account for DR creation/cancelation purposes | 20 |
Per Transaction |
Independent Custody | 1bps of average monthly holding; Maximum of SAR 250,000 per annum |
Per NIN |
SBL Initiation | 500 |
Per Transaction |
SBL Termination | 250 |
Per Transaction |
Fails Management - Late Confirmation | 250 |
Per Transaction |
Creation / Redemption for ETF units | (0.04%) of NAV of the Number of Transaction during trading session (0.08%) of NAV of the Number of Transaction after trading session |
Per Transaction |
Tender Offer | (15 bps) of total transaction Value Minimum of SAR 250,000; Maximum of SAR 2,000,000 |
Per Transaction |
Safekeeping for Listed SUKUK & Bonds | (0.4 bps) of nominal value of bonds in the portfolio(1) |
Annual |
Repo Collateral Transfer | (0.5 bps) of repo transaction amount on each participant Minimum of SAR 100 |
Per Transaction |
Employee Compliance Service | 1,000 for every added employee with an annual cap of 150,000 |
Annual |
For more information, please contact the Customer Service team via email: cc@edaa.sa
Copyright © 2024 - Edaa