Fees and Commissions

Below you can find our main fees and commissions on Trade finance facilities.

Should you have any questions or need any advice please contact our International Team using one of the following contacts:

Import LC

Issuance under cash cover0.1% p.m. (min. 25 USD p.m.) plus cable fee 40 USD
Issuance under credit limit0.12% p.m. (min. 50 USD p.m.) plus cable fee 40 USD
Amendment of amount and validitySame as issuance fee
All other amendments50 USD each
Cancellation feeUS$ 50
Acceptance (Usance Bill)Same as issuance fee
Settlement fee25 USD each
Reimbursement fee40 USD (deducted from proceeds)
Discrepancies fee50 USD (deducted from proceeds) plus cable fee 20 USD

Export LC

Advising LCUS$ 45
Confirmation under cash cover0.1% p.m.* (min. 50 USD p.m.)
Confirmation under credit limitBy agreement
Acceptance (Usance Bill)0.125% p.m. (min. 25 USD p.m.) 
Documents examination / Negotiation0.20% (min. 50 USD) per set of documents
Courier fee50 USD per set of documents

* per month

Documentary Collection

Collection handling fee0.125% (min. 40 USD)
Collection settlement fee 25 USD
Courier fee50 USD

Bank Guarantee / Standby Letter of Credit

Shipping guarantee under LC50 USD p.m.
Guarantee issuance under cash cover0.1% p.m. (min. 25 USD p.m.)
Guarantee issuance under credit limit0.125% p.m. (min. 50 USD p.m.)
Guarantee amendment of amount and validitySame as issuance fee
All other guarantee amendments35 USD each
Guarantee cancellation fee50 USD
Payment of claim/drawing (deducted from beneficiary)0.1% (min. 100 USD)

Others

Foreign bank's confirmation
(Indicative only, subject to revision from time to time)
0.5% for 90 days period
Sourcing for international buyers/sellers0.1% of the contract amount in case of success
(success fee)