Fees and Commissions

Should you have questions or need any advice on our Trade Finance tools, please contact ABA International Operations Team via [email protected]remove-this.ababank.com.

Import Letter of Credit

Issuance fee
  • Under cash cover
0.1% p.m. (min. 25 USD) plus cable fee 40 USD
  • Under credit limit
0.12% p.m. (min. 50 USD) plus cable fee 40 USD
Amendment of amount and validity Same as issuance fee
All other amendments 50 USD each
Cancellation fee 50 USD
Acceptance fee (Usance Bill)
  • Under cash cover
0.1% p.m. (min. 25 USD)
  • Under credit limit
0.12% p.m. (min. 50 USD)
Settlement fee 0.1% (min. 25 USD) plus cable fee 15 USD
Reimbursement fee 40 USD (deducted from proceeds)
Discrepancy fee 50 USD (deducted from proceeds) plus cable fee 20 USD

Export LC

Advising LC45 USD
Confirmation under cash cover0.1% p.m.1 (min. 50 USD)
Confirmation under credit limitBy agreement
Acceptance (Usance Bill)0.125% p.m. (min. 25 USD) 
Documents examination / Negotiation0.20% (min. 50 USD) per set of documents
Courier fee50 USD per set of documents

1per month

Documentary Collection

Collection handling fee0.2% (min. 100 USD)
Collection settlement fee 25 USD
Courier fee50 USD per set of documents
Delay in Payment40 USD (Cable fee for each delay)

Bank Guarantee / Standby Letter of Credit

Shipping guarantee under LC50 USD p.m.
Issuance fee
  • Under cash cover
0.1% p.m. (min. 25 USD)
  • Under credit limit
0.125% p.m. (min. 50 USD)
Amendment of amount and validitySame as issuance fee
All other amendments35 USD each
Cancellation fee50 USD
Cable fee40 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)

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