| Advance Import Payment: | Charges |
|---|
| Commission for foreign currency remittance towards advance payment for Imports |
0.25%, minimum 1500/- |
| Commission in lieu of exchange (in addition to charges at the time of payment) |
0.125%,minimum 1000/- |
| Foreign Currency Conversion Charges |
NIL |
| SWIFT charges |
750/- |
Direct Import Bills:
|
| Commission for foreign currency remittance towards payment of bills directly received by Importers |
0.25%, minimum 1500/- |
| Commission in lieu of exchange (in addition to charges at the time of payment) |
0.125%,minimum 1000/- |
| Foreign Currency Conversion Charges |
NIL |
| SWIFT charges |
750/- |
Import Bills under Collection:
|
| Import bills on Collection on retirement (payment) |
0.25%, minimum 1500/- |
| Commission in lieu of exchange (in addition to charges at the time of payment) |
0.125%,minimum 1000/- |
| Foreign Currency Conversion Charges |
NIL |
| SWIFT charges |
1000/- |
| Courier - International |
750/- |
| Courier - Domestic |
250/- |
Import Bills under LC:
|
| Bills drawn under LCs : |
|
| At the time of retirement (payment) |
0.15%, minimum 1500/- |
| At the time of Devolvement (in addition to normal charges) |
0.25%, minimum 5000/- |
| Discrepancy Fee per bill - Import Bill / FCY |
USD 75 or equivalent |
| Discrepancy Fee per bill - INR LC Bill |
1500/- |
| Commission in lieu of exchange (in addition to charges at the time of payment) |
0.125%,minimum 1000/- |
| Bill handling charges |
1500/- |
| SWIFT charges |
750/- |
| Courier - International |
750/- |
| Courier - Domestic |
250/- |
Import LC Issuance/Amendment/Cancellation:
|
| FCY LC : |
| Commitment Fees |
0.15% per quarter or part thereof, minimum 2000/- |
| Usance Fees - |
|
| Upto 10 days |
0.15% |
| Between 11days and 3 months |
0.30% |
| Over 3 months |
0.075% per additional month or part thereof |
| INR LC - IBA PRICING: |
| Commitment Fees |
0.20% per quarter or part thereof, minimum 2000/- |
| Usance Fees - |
|
| Upto 7 days |
0.20% |
| Between 7 days and 3 months |
0.40% |
| Over 3 months |
0.20% per additional month or part thereof |
| LC Amendments: |
| Extension of validity |
Repeat as Commitment Fees and Usance Charges |
| Other amendments |
2000/- |
| Cancellation of LCs (on request of customer / foreign bank before auto closure) |
1500/- |
| SWIFT for issuance of LC/ LC Amendment |
750/- |
| SWIFT(Others) |
500/- |
| SBLC Charges - as agreed with customer on case by case basis |
As agreed/- |
Imports - Others:
|
| Return of Documents |
1500/- |
| Courier - International / Domestic |
750/-/ 500/- |
| SWIFT / Tracers / Reminders |
500/- |
| Delivery Order / Shipping Guarantee |
2000/- |
| Loans |
0.25%, minimum 1500/- |
| Out-of-Pocket expenses |
on actual |
| Invoice attestation and miscellaneous certificates |
200/- |
Exports Bill Negotiated / Discounted / Realized:
|
| Negotiation/Discounting of export bills under LCs |
0.075%, minimum 2000/- |
| Export collection bills presented for Purchase / Discount |
1500/- |
| Foreign Currency Conversion Charges |
100/- per transaction |
| Return of Funds to Foreign Banks |
0.125%, minimum 1500/- |
| Handling charges for documents containing more than 3 sets |
2000/- |
| Bank Realization Certificate Charges |
200/- per certificate |
| Courier - International |
750/- |
| Courier - Domestic |
500/- |
| SWIFT charges |
500/- |
Exports Bill Collection / Realised / Direct Exports:
|
| Export collection bills including bills against which advance has been granted |
| (i) Foreign Bills |
0.0625%, min 1500/- |
| (ii) Inland Bills |
0.25%, min 1500/- |
| Handling GR of bills directly dispatched by drawers |
2000/- |
| SOFTEX Realization / Handling charges |
2000/- |
| Foreign Currency Conversion Charges |
100/- per transaction |
| Return of Funds to Foreign Banks |
0.125%, minimum 1500/- |
| Handling charges for documents containing more than 3 sets |
2000/- |
| Bank Realization Certificate Charges |
200/- per certificate |
| Cancellation of LCs (on request of customer / foreign bank before auto closure) |
1500/- |
| SWIFT charges |
500/- |
Advising & Confirmation Charges
|
| Advising of Foreign/ Local LCs including LC amendments |
2000/- |
| Pre advising of Foreign/ Local LCs |
2000/- |
| Transfer of Letters of Credit |
3000/- per transfer |
| Cancellation of LCs (on request of customer / Foreign Bank before auto closure) |
1500/- |
| Foreign Bank Charges - For LC advising where charges are to be recovered from Foreign Bank |
USD 100 or its equivalent |
| Courier - International |
750/- |
| SWIFT charges |
500/- |
| LC Confirmation charges |
Shall be quoted on a case by case basis and will depend on Country/ Bank risks and BASEL guidelines |
Exports - Others:
|
| Issuance of GR waiver Certificate |
2000/- |
| Invoice attestation and miscellaneous certificates |
200/- |
Guarantees - Issuance / Amendment:
|
| Financial Guarantee Issuance |
1.8%, minimum 3000/- |
| Performance Guarantee Issuance |
1.8%, minimum 3000/- |
| Amendments( extensions/value) |
1.8%, minimum 3000/- |
| Non Financial Amendment |
3000/- |
| SWIFT charges |
750/- |
| Courier - International |
750/- |
| Courier - Domestic |
500/- |
| Cancellation |
1500/- |
Guarantees - Advising:
|
| Advising of Inward Guarantees : |
|
| Pre advising / Advising / Amendment of Guarantees |
1500/- |
| Cancellation of Guarantees |
1500/- |
| Foreign Bank Charges - For Guarantee advising where charges are to be recovered from Foreign Bank |
USD 100 or its equivalent |
| Issuance of indemnity for missing Bill of Lading - relating to LCs opened by us |
2000/- |
| Amendment to Guarantees - others |
2000/- |
| Invocation / Intimation Charges |
1500/- |
| Stamp duty |
As per Govt regulations from time to time |
| Courier - International |
700/- |
| Courier - Domestic |
500/- |
| SWIFT charges |
750/- |
Remittances - Outward:
|
| On all foreign currency remittances other than for payment of imports |
0.25%, minimum 1500/- |
| Commission in lieu of exchange (in addition to charges at the time of payment) |
0.125%,minimum 1000/- |
| Outward remittance wherein the foreign bank charges are to the account of applicant in India (MT103 states charges are "OUR or SHA") |
minimum 1000/-(depending on the currency remitted) |
| Foreign Currency Conversion Charges |
100/- per transaction |
| SWIFT charges |
750/- |
Remittances - Inward:
|
| Return of Funds to Foreign Banks |
0.125%, minimum 1000/- |
| Third Party Inward Remittance |
2000/- |
| Processing of Inward Remittance without (i) Account Number or (ii) Beneficiary Name |
100/- |
| Processing charges for FCY Inward Remittances |
100/- |
| Commission in lieu of exchange (in addition to charges at the time of payment) |
0.125%,minimum 2000/- |
| FIRC issuance charges |
500/- |
| SWIFT charges |
750/- |
| |
|
|
NOTE: Applicable Government Service Taxes will be levied on the above Tariff
|
