Settlements and payment rules for services
1. The commissions paid by the Client to the Investment Company in accordance with Clause 1.5 of the Agreement are as follows:
10 manats|
Types of services |
Price for the service |
|
1. Government Bonds |
|
|
Auction |
|
|
One month |
The amount of the deal 0.05% |
|
Three months |
|
|
Six months | |
|
One year up |
|
|
Secondary market |
|
|
2. Central Bank short-term notes |
|
|
Auction |
The amount of the deal 0.05% |
|
Secondary market |
|
|
3. Mortgage bonds |
|
|
Initial placement(Regardless of the period of circulation) |
The amount of the deal 0.05% |
|
Secondary market |
|
|
4.Shares |
|
|
Initial placement |
The amount of the deal 0.05% |
|
Secondary market |
|
|
5. Corporate bonds |
|
|
Initial placement(Regardless of the period of circulation) |
The amount of the deal 0.05% |
|
Secondary market |
The amount of the deal 0.06% |
|
6.REPO |
|
|
CBA notes with REPO / reverse REPO |
Every 0.0012% of the transaction amount for the day |
|
Other valuable conducting REPO / reverse REPO transactions with securities |
Every 0.0015% of the transaction amount for the day |
|
Government Bonds with REPO / reverse REPO |
Every 0.0012% of the transaction amount for the day |
|
7. Other services |
|
|
From the warehouse account receipt of the extract |
10 manats for one type of JV, 30 manats for a full account |
|
Warehouse account opening | |
|
Consulting services(monthly) |
100 manat |
|
To other organizations preparation of submitted documents (annual) |
500 manat |
|
Additional information guarantee (monthly) |
50 manat |
|
Currency exchange |
The amount of the deal 0.5% |
2. BSE and NDC commission fees related to the transaction not included. The minimum amount of commission fee is set at 10 manat for stock exchange transactions and 15 manat for over-the-counter transactions. If the transaction amount exceeds AZN 100,000.00, the commission fee for the services rendered may be determined by mutual agreement of the parties.
3. The Client pays a commission in Azerbaijani manats (AZN) for brokerage services to the Investment Company. The commission fee for transactions in foreign currency must be paid in AZN equivalent in accordance with the exchange rate set by the Central Bank of the Republic of Azerbaijan on that day.
4.On the basis of the reports sent by the Investment Company to the Client on the operations carried out after the execution of the Orders, the Investment Company pays the commission and other services related expenses until the last working day of the calendar month in which the reports are submitted. If the submission of the report falls on the last two working days of the calendar month, the expenses incurred in carrying out the transaction commission and mediation services reflected in the report shall be reimbursed until the last working day of the next calendar month.
5.The tariffs mentioned in the price table do not include value added tax. Transactions related to the circulation of securities are exempt from value added tax