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:

Types of services

Price for the service

1. Government Bonds

Auction

One month

The amount of the deal 0.045%

Three months

The amount of the deal 0.045%

Six months

The amount of the deal 0.045%

One year up

The amount of the deal 0.045%

Secondary market

The amount of the deal 0.045%

2. Central Bank short-term notes

Auction

The amount of the deal 0.045%

Secondary market

The amount of the deal 0.045%

3. Mortgage bonds

Initial placement(Regardless of the period of circulation)

The amount of the deal 0.045%

Secondary market

The amount of the deal 0.045%

4.Shares

Initial placement

The amount of the deal 0.045%

Secondary market

The amount of the deal 0.045%

5. Corporate bonds

Initial placement(Regardless of the period of circulation)

The amount of the deal 0.045%

Secondary market

The amount of the deal 0.045%

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

5 manats for one type of JV, 20 manats for a full account

Warehouse account opening

It's free

Consulting services(monthly)

100 manat

To other organizations preparation of submitted documents (annual)

800 manat

Additional information guarantee (monthly)

100 manat

Currency exchange

The amount of the deal 0.3%

 

2. BSE and NDC commission fees related to the transaction not included. The minimum amount of commission fee is set at 10 manat for over-the-counter 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