| Foreign Bill of Exchange Purchased |
| Payment to customer in Singapore Dollars | | 0.125% subject to
Account holder: minimum of S$80
Non-account holder: minimum of S$100 |
|
| Payment to customer in foreign currency | | 0.125% subject to
Account holder: minimum of S$80
Non-account holder: minimum of S$100
plus commission-in-lieu of exchange |
|
| Commission-in-Lieu of Exchange (CILE) | | Account holder: 0.125%
Subject to minimum of S$50
Non-account holder: 0.25%
Subject to minimum of S$80 |
|
| LC Advising/Transfer Commission |
| Pre-Advise (Brief Cable) | | Account holder: S$40
Non-account holder: S$50 (includes advising of original LC) |
|
| Original LC | | Account holder: S$30
Non-account holder: S$50 |
|
| LC amendment | | Account holder: S$30
Non-account holder: S$50 |
|
| Confirmation of LC (subject to approval) | | 0.125% per month or part thereof
Account holder: minimum of S$80
Non-account holder: minimum of S$100 |
|
| Transfer in full (without substitution) | | 0.125% subject to minimum of S$80 |
|
| Export LC Bill for Negotiation |
| In Singapore Dollars | | 0.125% subject to
Account holder: minimum of S$80
Non-account holder: minimum of S$100 |
|
| In foreign currency | | • | Credit to customer's Singapore Dollar account | | 0.125% subject to
Account holder: minimum of S$80
Non-account holder: minimum of S$100 | | • | Credit to customer's foreign currency account | | 0.125% subject to
Account holder: minimum of S$80
Non-account holder: minimum of S$100 plus commission-in-lieu of exchange |
|
| Acceptance commission on usance bills | | 0.125% per month subject to
Account holder: minimum of S$80
Non-account holder: minimum of S$100 (subject to prior arrangement) |
|
| Outward Documentary Collections |
| Proceeds received in Singapore Dollars | | 0.125% subject to minimum of S$80 |
|
| Proceeds received in foreign currency for: | | • | Payment to customer in Singapore Dollars | | 0.125% subject to minimum of S$80 | | • | Payment to customer in foreign currency | | 0.125% subject to minimum of S$80 plus commission-in-lieu of exchange |
|
| Holding Fees (for unpaid bills) after sight/due dates | | S$50 per month (3 months grace) |
|
| Handling Commission (change in collection instruction) | | S$30 flat |
|
* TT, processing fee applies. Where applicable, Agent Fee may also apply.
This pricing guide is effective from 15 July 2009.
