Service Charges for Trade Finance Inner Page Slide

Deposit Protection Scheme

Deposit Protection Scheme

Notification About Deposit Protection Scheme

Service Charges for Trade Finance

Service Charges for Trade Finance

Service Charges – Imports

Item Current Charges
LC Opening Charges 0.25% for validity period of every 6 months or part thereof, Min. USD 100.00
Processing Fee
(Back to Back LCs)
0.25% of the LC Limit
Max. USD 2,500.00
Increasing Credit Value 0.25% for validity period of every 6 months or part thereof, Min. USD 100.00
Extension of LC Period
(Including Revolving LCs)
 0.25% for validity period of every 6 months or part thereof,
Min. USD 100.00
Revolving LCs Same as LC Opening Charges.
On each reinstatement, 0.25% for validity period of 06 months or part thereof (on reinstated amount),
Min. USD 100.00
LC Amendment (other than validity period or increase in LC Value) USD 100.00 per amendment
Discrepancy Fee USD 80.00 per discrepancy
Retirement of Bills under LC 0.25% upto USD 50K and 0.125% on the balance, Min. USD 100.00
Inward Bills for Collection 0.25% upto USD 50K and 0.125% on the balance, Min. USD 100.00
Service Charges – Exports
Item Current Charges
Bills Checking Fee Flat charges of USD 100.00
Outward Collection Bills under LC 0.25% upto USD 50K and 0.125% on the balance, Min. USD 100.00
Outward Collection Bills not under LC 0.25% upto USD 50K and 0.125% on the balance, Min. USD 100.00
Bills purchased/ Discounted USD 390.00 Handling Charges
Reimbursement Finance USD 250 handling Charges
Buyers Credit USD 50 Handling Charges (min)
Service Charges for Trade Finance – LC Advising
Item Current Charges
LC Transfer 0.25% for each validity of 06 months
Min. USD 100.00 and
Max. USD 1000.00
Advising of LCs i) Advising through a Bank or direct advising to the beneficiary:
USD 100.00 for USD LCs
HKD 400.00 for HKD LCs

ii) Direct advising to our customers
USD 50.00 for USD LCs
HKD 350.00 for HKD LCs

Other currencies : equivalent USD for both i) and ii)
Advising of Amendments

USD 100.00 for USD LCs. 

HKD 400.00 for HKD LCs.

Confirmation charges 0.50% of LC amount from the confirmation date to discounting date (Min 7 days and minimum USD 250)
Service Charges for Trade Finance – Other Trade Services
Item Current Charges
Commission in lieu of Exchange
(chargeable when foreign currency is paid to or received from our customer)
0.25% upto USD 50K and 0.125% on the balance
Min. USD 100.00
SWIFT charges USD 80.00
Tracers USD 25.00 per item on customer request
Postage USD 80.00
Min. Reimbursement charges USD 100.00
Handling Charges USD 80.00
Service Charges for Trade Finance – Bank Guarantees
Item Current Charges
Inland BGs
Performance Guarantees
as well as Financial Guarantees
0.125% flat per month or part thereof (min)
Minimum Guarantee Commission

 

USD 100.00

 

Please feel free to contact us for any clarifications required.