| Letter of Credit (LC) |
| Opening Commission | | 0.125% per month, subject to minimum of 0.25% (not less than S$80) |
|
| Amendment Fees | | • | Amendment in LC value | | 0.125% per month, subject to minimum of 0.25% (not less than S$80) | | • | Extend expiry date | | 0.125% per month, subject to minimum of S$80 | | • | Others (Cancellation/withdrawn before expiry) | | S$80 flat |
|
| Inward Documentary Bills |
| Term Bills Acceptance Commission | | 0.125% per month, subject to minimum of S$80 |
|
| Amount Overdrawn | | 0.125% per month, subject to minimum of S$80 |
|
| Expired LC | | 0.125% per month, subject to minimum of S$80 (no grace period allowed) |
|
| Discrepancy fees | | S$80 for bills in SGD and US$80 or equivalent for bills in foreign currency (levied on negotiating bank/LC beneficiary) |
|
| Payment under our own LC | | S$80 or equivalent |
|
| Commission-in-lieu of Exchange (CILE) | | 0.125% subject to minimum S$50 |
|
| Collection Bills |
| Collection commission | | 0.125% subject to
Account holder: minimum of S$80
Non-account holder: minimum of S$100 |
|
| Presentation fee for DP and DA bills | | S$30 flat |
|
|
| Protesting of Bills | | S$100 plus legal fees |
|
| Shipping Guarantees (SG)/ Endorsement of Transport Documents |
|
| Under Collection Bills | | 0.125% subject to minimum of S$80 |
|
| Outstanding SG | | 0.5% per month subject to minimum S$80 (after 1 month) |
|
| Banker's Guarantee/ Standby |
| Issuance Commission | | 1% p.a. up to 2 years and 1.5% p.a. for tenure exceeding 2 years, subject to minimum of S$100 p.a. |
|
|
* TT, cable charge applies. Where applicable, Agent Fee may also apply.
This pricing guide is effective from 15 July 2009.
