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Get to know what you should be aware of when deciding to buy a car, build a house, investing for your retirement and many other activities.
Effective From 15th July 2019
FEE | |
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1.1 Monthly Service Charge: | |
Business Account - Monthly Average Balance < Rs 25,000/- | Rs 300/- Per Month |
Personal Account - Monthly Average Balance < Rs 10,000/- | Rs 200/- Per Month |
Achiever's Account - Monthly Average Balance < Rs. 10,000/- | Rs 200/- Per Month |
1.2 Outward Cheque Returns | |
Refer To Drawer | Rs 3,500/- |
Effects Not Realized | Rs 750/- |
Technical Reasons | Rs 100/- |
1.3 Inward Cheque Returns (Deposited Cheque Returns) | |
Handling Charges Per Cheque | Rs 100/- |
Postage | Rs 45/- |
1.4 Transfer Cheque Represented - Refer to Drawer | Rs 500/- |
1.5 Cheque Marked For Payment | |
(a) Inward | Rs 2,500/- |
(b) Outward | Rs 4,000/- |
1.6 Stop Payments | |
Due To Lack Of Funds | Rs 4,000/- |
Others | Rs 750/- |
Loss Of A Cheque Book | Rs 3,000/- |
Cancellation | Rs 500/- |
1.7 Current Account Statements - Monthly Service Charge | |
Daily Statements | Rs 2,000/- |
Weekly Statements | Rs 1,000/- |
e-Statements | No Charge |
1.8 Printed Copies Of Statements | |
If Available In The System (Per Statement) | Rs 250/- |
If Not Available In The System (Per Statement) | Rs 1,500/- |
Extra Copies (Per Statement) | Rs 250/- |
1.9 Local Bills Purchased (Including Pay Orders Issued by Other Banks) | 0.75% Of Transaction |
Minimum | Rs 750/- |
Salary Cheque's Drawn By The Government Or Reputed Private Companies Acceptable To The Bank | No Charge |
1.10 Cost Of Cheque Books | |
Per Leaf, Including VAT | Rs 20/- |
Postage (Actual Cost) | Rs 45/- |
Continuous Cheque Leaves | Rs 18/- Per Leaf + Printing Charges |
1.11 SWEEP/ZBA Facility Monthly Service Charge | |
Business Accounts | Rs 250/- Per Month |
Personal Accounts | Rs 100/- Per Month |
1.12 Closure Of Current Accounts | |
For Bad Conduct | Rs 1,500/- |
On Customer Request | Rs 1,000/- |
Additional Fee For Unreturned Cheque Leaves (Per Leaf) | Rs 50/- |
1.13 Preparation Of Cash Orders | 0.250% Of The Cash Order Plus Transport Cost |
Minimum | Rs 1,000/- |
1.14 Balance Inquiry | Rs 100/- Per Slip |
1.15 Excess in Current Accounts (Above The Limit Or Without Approved Limits) | |
Personal Accounts | Rs 2,000/- |
Business Accounts | Rs 2,500/- |
Effective From 28th October 2020
FEE | |
---|---|
2.1 Closure of Savings Accounts | |
Rupee Accounts | Rs 500/- |
Foreign Currency Accounts | Rs 500/- |
2.2 Printed Copies of Statements | |
Statement Accounts - Per Statement | Rs 300/- |
Passbook Accounts - Per Page | Rs 200/- |
2.3 Issue of Duplicate Passbooks | Rs 500/- |
2.4 Savings Accounts Monthly Service Charges | |
Monthly Average Balance < Rs 1,000/- | Rs 25/- Per Month |
2.5 Fee On No Book Withdrawals (Any Amount) | Rs 15/- |
2.6 Savings Withdrawals Presented With Passbook And Statement Savings Withdrawals | |
Up to Rs 200,000/- (Except For Senior Citizens) | Rs 15/- |
Above Rs 200,001/- | No Charge |
2.7 Same Day Transaction Fees | |
If a deposit is made to a savings account and the similar amount is withdrawn from the account during the day and if the number of similar transactions carried out during a particular month, is between 5 to 10 (subject to monthly turnover of Rs 100,000/- and above) | Rs 1,500/- |
If a deposit is made to a savings account and the similar amount is withdrawn from the account during the day and 10 or more such transactions are carried out during a particular month (subject to monthly turnover of Rs 100,000/- above) | Rs 2,500/- |
Note:This fee will be recovered from the savings account in the subsequent month if the transactions carried out during a particular month fall under one of the above categories | |
3 Fixed Deposits | |
Duplicate Fixed Deposit Certificate | Rs 3,000/- |
Effective From 08th January 2021
FEE | |
---|---|
4.1 Balance Confirmations To Embassies, Auditors And Other Institutions (Per Confirmation) |
|
Embassies, Auditors - (Standard Format) | Rs 350/- |
Other Formats (With Approval) | Rs 500/- |
Self Addressed Confirmation Letters | Rs 350/- |
Other Institutions (Per Confirmation) | Rs 500/- For Current Year |
Search Fee For Collection Of Data For Tax Purposes, Interest Recovered /Paid etc | Rs 1,000/- For Each (Previous Year) |
4.2 Inquiries On Transactions Savings Or Current Accounts |
|
Less Than 01 Year - Per Transaction | Rs 750/- |
More Than 01 Year - Per Transaction | Rs 1,500/- |
4.3 Pay Orders - Issuance | |
(a) Customer | Rs 500/- |
(b) Non Customer | Rs 1,000/- |
Cancellations | |
(a) Customer | Rs 500/- |
(b) Non Customer | Rs 750/- |
Issuance Of Duplicate Pay Orders | |
(a) Customer | Rs 1,000/- |
(b) Non Customer | Rs 1,500/- |
4.4 Transfer Orders | |
(a) Setting Up Charges - External & Internal | Rs 250/- |
(b) External - (Including Postage) | Rs 125/- |
(c) Amendments | Rs 100/- |
(d) Non Sufficient Funds | Rs 50/- |
4.6 SLIPS Transfers (Per Transaction) | |
On Customer Request | Rs 50/- |
Transfer Orders | Rs 50/- |
Fixed Deposit Interest | No Charge |
4.7 CEFTS Transfers (Per Transaction) |
|
On Customer Request | Rs 100/- |
Online Banking / Mobile Banking | Rs 30/- |
4.8 RTGS Transfers (Per Transaction) |
Rs 400/- |
4.9 Manual Fund Transfers |
|
Between Own, Related Or Unrelated Rupee Accounts |
Rs 150/- |
From Personal Foreign Currency Accounts |
Rs 150/- |
From Non Personal Foreign Currency Accounts | Rs 200/- |
4.10 Online Banking | |
Personal Customers - Joining Fee | No Charge |
Personal Customers - Annual Fee (Applicable From Year 2) | Rs 500/ |
Corporate Customers - Annual Fee Per User (Applicable From Year 1) | Rs 1,000/- |
Online To Sri Lanka Customs (Per Transaction) | Rs 50/- |
Online To SLPA (Per Transaction) | Rs 50/- |
ETC (Electronic Toll Card Top Ups) | Rs 50/- |
4.11 Mobile Phone Banking (Com SMS) Registration Fee | No Charge |
4.12 SMS Alert (Conditions Apply) | |
(a) Joining Fee | No Charge |
(b) Annual Fee - Charged Upfront | Rs 250/- |
4.13 e-Passbook Facility | |
(a) Joining Fee | No Charge |
(b) Annual Fee | No Charge |
4.14 Mobile Reload (Com e-Load) Registration Fee | No Charge |
4.15 Salary Remittance Package (PayMaster ) | |
IntraBank Accounts | Rs 1,000/- |
Including Other Banks Accounts | Rs 2,000/- + LCPL Charges |
Other Bank Accounts Only | Rs 2,000/- + LCPL Charges |
Inward SLIPS Recalled By Other Banks (Per Transactions) | Rs 100/- |
PayMaster Stop Payments / Recalls (Per Transactions) | Rs 250/- |
Outward SLIPS / CEFTS Recalls (Per Transactions) | Rs 100/- |
Direct Debit - Registration Fee | Rs 500/- |
Direct Debit - Returned Fee | Rs 250/- |
4.16 Salary Schedules | |
Per Credit Item | Rs 100/- |
Minimum | Rs 1,000/- |
4.17 Utility Bill Payments | |
Telecom Bills - (SLT) | Rs 25/- |
Electricity Bills - (CEB) | Rs 25/- |
Electricity Bills - (LECO) | No Charge |
Water Bills | Rs 25/- |
Effective From 15th July 2019
FEE | |
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5.1 Issue Of Foreign Currency Notes | |
Rupee Account | 1% On Transaction Amount |
Minimum | Rs 500/- |
DBU / FCBU Accounts | 1% on Transaction Amount |
Minimum | Rs 500/- |
Personal Foreign Currency Accounts | No Commission |
5.2 Documentation Charges for Migration | Rs 1,000/- |
Effective From 15th July 2019
FEE | ||
---|---|---|
6.1 Outward Remittances | ||
6.1.1 SWIFT Payments | ||
(a) Customers | 1) From Foreign Currency Account | Equivalent to Rs 4,000/- |
2) From Rupee Accounts | Rs 4,000/- | |
Foreign Bank Charges |
USD 10/- - 47.20 EUR 5/- - 35/- GBP 15/- AUD 25/- 40/- JPY 2,500/- - 6,500/- SGD 20/- CAD 14/- NZD 25/- HKD175/- |
|
Other Currencies | Contact Travel Department | |
(b) For Migration Purposes | Rs 5,000/- | |
6.1.2 Amendment And Re-Effect - Outward Remittances | (a) Amendment | Rs 1,000/- |
(b) Re-Effect | Rs 2,000/- | |
6.1.3 Issue of Foreign Drafts | (a) Personal Customers And Exam Fees | Rs 500/- |
Business Customers | Rs 1,000/- | |
For Migration Purposes | Rs 5,000/- Plus Rs 1,500/- (SWIFT Confirmation Charges) |
|
Foreign Bank Charges | Standard Chartered Bank- London | GBP 5/- (On MICR Encoded GBP Drafts) GBP 40/- (On Non MICR Encoded GBP Drafts) |
Commerz Bank, Frankfurt | EUR 30/- | |
(b) Non Customers (Only For Education Purpose) | ||
Minimum | Rs 1,000/- | |
If Postage Required | Rs 100/- | |
Foreign Bank Charges | Standard Chartered Bank- London |
GBP 5/- (On MICR Encoded GBP Drafts) |
National Australia Bank - Melbourne |
AUD 15/- |
|
Commerz Bank, Frankfurt |
EUR 30/- |
|
(c) Stop Payment | Rs 1,000/- Plus | |
Foreign Bank Charges | USD 25/-, GBP 50/-, SGD 30/- | |
Other Currencies |
Contact Travels Department | |
(d) Cancellation Of Drafts |
||
Customers | Rs 1,000/- | |
Non Customers | Rs 1,500/- | |
(e) Foreign Bank Charges On Drafts Returned | GBP 50/- | |
Other Currencies | Contact Travels Department | |
6.2 Inward Remittances (Except for e-remittances) |
||
6.2.1 Payment In LKR | (a) Customers |
Rs 300/- |
(b) Transfer Through SLIPS To Other Banks | Rs 500/- | |
6.2.2 Payment In Foreign Currency |
||
(a) Customers (PFC) | No Charge | |
(b) (Personal / Non Personal Foreign Currency Accounts ) |
USD 5/- |
|
(b) Non Customers - SWIFT |
USD 25/- |
|
-Draft |
USD 10/- |
|
6.3 Inquiries (Inward) | Rs 1,000/- | |
6.4 Personal Foreign Currency Accounts - Quarterly Service Charge | ||
Monthly Average Balance <USD 25/- | USD 5/- | |
6.5 Off Shore Banking Centre | ||
6.5.1 Current Or Savings Accounts: Remittances | (a) Inward Remittances (b) Outward Remittances |
USD 7/- USD 30/- |
6.5.2 Inquiries And Amendments On Outward Remittances | USD 10/- | |
6.5.3 Drafts | (a) Local USD Drafts | USD 10/- |
(b) Foreign Drafts ( All Currencies ) | USD 10/- | |
(c) Stop Payments On Drafts | USD 10/- | |
6.5.4 Standing Orders | USD 5/- | |
6.5.5 Balance Confirmations | USD 5/- | |
6.5.6 RTGS | Rs 1,000/- Equivalent In USD |
|
6.5.7 Copies Of Statements | (a) If Available In The System (Per statement) | USD 1/- |
(b) If Not Available In The System (Per statement) | USD 5/- | |
6.5.8 Closure Of Accounts | USD 10/- | |
6.5.9 Internal Rupee & Foreign Currency Transfers | USD 2/- | |
6.5.10 Issuance Of Foreign Currency Notes, SLIPS/CEFT Transfers And Rupee Pay Orders | Same Charges As Domestic Unit |
Effective From 15th July 2019
ADVANCES | FEE |
---|---|
7.1.1 New Facility | |
Up to Rs 250,000/- |
Rs 2,000/- |
Rs 250,001/- to Rs 500,000/- |
Rs 3,000/- |
Rs 500,001/- to Rs 1,000,000/- |
Rs 5,000/- |
Rs 1,000,001/- to Rs 5,000,000/- |
Rs 7,500/- |
Rs 5,000,001/- to Rs 10,000,000/- |
Rs 10,000/- |
Rs 10,000,001/- to Rs 25,000,000/- |
Rs 15,000/- |
Rs 25,000,001/- to Rs 50,000,000/- |
Rs 20,000/- |
Rs 50,000,001/- to Rs 100,000,000/- |
Rs 30,000/- |
Rs 100,000,001/- to Rs 500,000,000/- | 0.04% Of The Facility |
Rs 500,000,001/- to Rs 1,000,000,000/- |
0.05% Of The Facility |
Over Rs 1.0 Bn |
Contact Nearest Branch |
Home Loans |
As Above |
Personal Loans Setting Up Charges |
|
Up To Rs 1,000,000/- |
Rs 5,000/- |
Rs 1,000,001/- to Rs 3,000,000/- |
Rs 7,500/- |
Rs 3,000,001/- to Rs 5,000,000/- |
Rs 10,000/- |
Over Rs 5,000,000/- |
Rs 20,000/- |
Personal Loans Top-up Charges |
|
Up To Rs 1,000,000/- | Rs 2,500/- |
Rs 1,000,001/- to Rs 3,000,000/- | Rs 3,750/- |
Rs 3,000,001/- to Rs 5,000,000/- | Rs 5,000/- |
Over Rs 5,000,000/- | Rs 10,000/- |
Short Term Cultivation Loans Under NCRCS | |
Loans Up To Rs 200,000/- | Rs 2,000/- |
Loans Above Rs 200,000/- To Rs 500,000/- | 1% Of The Facility |
Note : Additional Rs 300/- Will Be Charged As CRIB Charges | |
Microfinance Loans Under All Products | |
Loans Up To Rs 250,000/- | Rs 2,000/- |
Loans Above Rs 250,001 To Rs 500,000/- | Rs 3,000/- |
7.1.2 Renewal Of Facility |
|
Up to Rs 250,000/- |
Rs 750/- |
Rs 250,001/- to Rs 500,000/- |
Rs 1,000/- |
Rs 500,001/- to Rs 1,000,000/- |
Rs 2,000/- |
Rs 1,000,001/- to Rs 5,000,000/- |
Rs 3,000/- |
Rs 5,000,001/- to Rs 10,000,000/- |
Rs 5,000/- |
Rs 10,000,001/- to Rs 25,000,000/- |
Rs 7,500/- |
Rs 25,000,001/- to Rs 50,000,000/- |
Rs 10,000/- |
Rs 50,000,001- to Rs 100,000,000/- |
Rs 20,000/- |
Rs 100,000,001/- to Rs 500,000,000/- | Rs 35,000/- |
Rs 500,000,001/- to Rs 1,000,000,000/- | Rs 50,000/- |
Rs 1,000,000,001/- to Rs 2,000,000,000/- | Rs 75,000/- |
Rs 2,000,000,001/- to Rs 3,000,000,000/- | Rs 100,000/- |
Over Rs.3.0 Bn | Rs 125,000/- |
Loans Where There Are No Changes |
No Fees |
Loans Where The Change Is Only The Rate Of Interest |
No Fees |
Note: |
|
7.1.3 Facilities Secured By Cash |
|
New Facility |
|
Up to Rs 500,000/- |
Rs 1,000/- |
Above Rs 500,000/- | Rs 2,000/- |
Renewal Of Facilities |
|
Up to Rs 500,000/- |
Rs 500/- |
Above Rs 500,000/- |
Rs 1,000/- |
7.1.4 Leasing |
|
New Facility (Per Facility) | |
Up to Rs 500,000/- | Rs 2,500/- |
Rs 500,001 - Rs 1,000,000/- | Rs 3,500/- |
Rs 1,000,001 - Rs 2,500,000/- | Rs 5,000/- |
Rs 2,500,001 - Rs 5,000,000/- | Rs 6,000/- |
Rs 5,000,001 - Rs 10,000,000/- | Rs 7,500/- |
Above Rs 10,000,000/- | Rs 10,000/- |
For Registered Vehicles - Additional | Rs 1,500/- |
7.1.5 Hire Purchase |
|
New Facility (Per Facility) |
|
Up to Rs.500,000/- | Rs 2,500/- |
Rs 500,001/- to Rs 2,500,000/- | Rs 3,500/- |
Over Rs 2,500,000/- | Rs 5,000/- |
7.1.6 Temporary Facility | |
Up to Rs 100,000/- | Rs 1,000/- |
Rs 101,000/- to Rs 250,000/- | Rs 2,000/- |
Rs 250,001/- to Rs 500,000/- | Rs 3,000/- |
Rs 500,001/- to Rs 1,000,000/- | Rs 5,000/- |
Rs 1,000,001/- to Rs 5,000,000/- | Rs 10,000/- |
Rs 5,000,001/- to Rs 10,000,000/- | Rs 15,000/- |
Rs 10,000,001/- to Rs 50,000,000/- | Rs 20,000/- |
Rs 50,000,001/- to Rs 100,000,000/- | Rs 30,000/- |
Rs 100,000,001/- to Rs 500,000,000/- | 0.04% of Facility |
Over Rs 500.00 Mn | 0.05% of Facility |
7.1.7 Investment Banking | |
Prepayment Charges Considering a Tenure Of 8 Years | 1 Year 3.00% - 5 Year 1.00% |
2 Year 2.50% - 6 Year 0.75% | |
3 Year 2.00% - 7 Year 0.50% | |
4 Year 1.50% - 8 Year 0.25% | |
Commitment Fees | 1% Of The Amount Not Drawn Down After A Specific Time |
(Set According To A Expected Draw Down Schedule) | |
Cancellation Fees | 0.75% Of The Amount Cancelled |
7.2 Off-Shore Banking Centre |
|
7.2.1 New Facility Will Be Applicable For Permanent As Well As Temporary Facilities |
|
Up to USD 100,000/- |
USD 150/- |
USD 100,001/- to USD 500,000/- |
USD 250/- |
USD 500,001/- to USD 1,000,000/- |
USD 400/- |
USD 1,000,001/- to USD 1,500,000/- |
USD 500/- |
USD 1,500,001 to USD 3,500,000/- |
0.04% Of The Facility, Rounded Off To The Next 10 Dollars |
Over USD 3,500,000/- |
Contact Nearest Branch / Off-Shore Banking Department |
7.2.2. Renewal Of A Facility Will Be Applicable For Permanent As Well As Temporary Facilities |
|
Up to USD 500,000/- |
USD 100/ |
USD 500,001/- to USD 1,000,000/- |
USD 200/- |
USD 1,000,001 to USD 2,000,000/- |
USD 300/- |
USD 2,000,001 to USD 4,000,000/- |
USD 400/- |
USD 4,000,001 to USD 10,000,000/- |
USD 500/- |
Over USD 10,000,000/- | USD 1,000/- |
Loans Where There Are No Changes | No Fees |
Loans Where The Change Is Only The Rate Of Interest | No Fees |
Note: When a facility is renewed with additions, the following criteria will be followed a) For the quantum of additional facilities, charges as per 7.2.1 will be applied b) For the renewal of existing facilities charges as per 7.2.2 will be applied |
|
7.2.3 Facility Secured By Cash |
|
New Facilities |
USD 100/- |
Renewal of A Facility |
USD 50/- |
Effective From 15th July 2019
FEE | ||
---|---|---|
DOMESTIC | OBC | |
(A) Letter of Credit | ||
1. Issuing Commission (Including Tolerance) | ||
1.1 Sight L/C | ||
Up to 90 Days | 0.25% | 0.25% |
Minimum | Rs 5,000/- | USD 50/- |
For Each Additional 30 Days Or Part There Of | 0.125% | 0.125% |
Note : |
||
1.2 Usance L/C | ||
Up to 90 Days | 0.375% | 0.375% |
Minimum | Rs 5,000/- | USD 50/- |
For Each Additional 30 Days Or Part There Of | 0.1% Per Month | 0.1% Per Month |
Maximum For Each Additional 90 Days Period is Calculated Inclusive of Usance Period | 0.25% Per Quarter | 0.25% Per Quarter |
i.e Expiry Date Plus Usance Period | ||
1.3 Standby Doc Credit | 0.2% Per Month | |
Minimum | Rs 5,000/- | |
1.4 Back To Back LC | ||
Additional Handling Charge | Rs 5,000/- | USD 50/- |
1.5 Entreport Trade Based L/C | ||
Additional Handling Charge | Rs 5,000/- | USD 50/- |
1.6 SWIFT Charges - Full SWIFT | Rs 3,000/- | USD 55/- |
If Any Annexure (Per Page) | Rs 500/- | USD 10/- |
Local Courier | Rs 1,000/- | USD 10/- |
Foreign Courier | Rs 4,000/- | USD 40/- |
2 Amendment Commission (Including Tolerance) | ||
2.1 Extensions | ||
(i) Extension Within Same Month (30 Days) | Rs 3,000/- | USD 30/- |
(ii) Extension Exceeding Previously Charged Month For Each Additional 30 Days On Unutilized Balance | ||
Sight L/C | 0.125% Per Month | 0.125% Per Month |
Usance L/C | 0.1% Per Month | 0.1% Per Month |
Maximum For Each Additional 90 Days | 0.25% Per Quarter | 0.25% Per Quarter |
Minimum | Rs 3,000/- | USD 30/- |
SWIFT Charges | Rs 2,000/- | USD 25/- |
2.1.1 Sight L/C Extension After Expiry | ||
For Each Additional 30 Days | ||
-On Unutilized Balance - | 0.125% Per Month | 0.125% Per Month |
Maximum For Each Additional 90 Days | 0.25% Per Quater | 0.25% Per Quater |
Minimum | Rs 3,000/- | USD 30/- |
SWIFT Charges | Rs 2,000/- | USD 25/- |
2.1.2 Usance L/C Extension After Expiry | ||
For Each Additional 30 Days | ||
-On Unutilized Balance - | 0.1% Per Month | 0.1% Per Month |
Maximum For Each Additional 90 Days | 0.25% Per Quarer | 0.25% Per Quarer |
Minimum | Rs 3,000/- | USD 30/- |
SWIFT Charges | Rs 2,000/- | USD 25/- |
2.2 Enhancement Commission | ||
(On Enhanced Amount-Inclusive of Tolerance) |
||
2.2.1 Sight L/C | ||
Up to 90 Days | 0.25% Per Quarter | 0.25% Per Quarter |
For Each Additional 30 Days | 0.125% Per Month | 0.125% Per Month |
Minimum | Rs 3,000/- | USD 30/- |
SWIFT Charges | Rs 2,000/- | USD 25/- |
2.2.2 Usance L/C | ||
Up to 90 Days | 0.375% Per Quarter | 0.375% Per Quarter |
For Each Additional 30 Days | 0.1% Per Month | 0.1% Per Month |
Maximum For Each Additional 90 Days | 0.25% Per Quarter | 0.25% Per Quarter |
Minimum | Rs 3,000/- | USD 30/- |
SWIFT Charges | Rs 2,000/- | USD 25/- |
2.3 Other Amendments | Rs 3,000/- | USD 30/- |
2.3.1 Other Amendments / Extensions / Enhancements / Charges On Beneficiary Accounts | USD 75/- | USD 75/- |
2.4 Local LC Advising Charges - Beneficiary | ||
Non Customer | Rs 3,000/- | USD 30/- |
Customer | No Charge | No Charge |
2.5 LC Cancellation Handling Fee | Rs 3,000/- | USD 30/- |
SWIFT Charges | Rs 2,000/- | USD 25/- |
2.6 Confirmation Fee | Rs 3,000/- | USD 30/- |
2.7 LC Issuing Drafts | ||
2.7.1 L/C | Rs 1,000/- | USD 10/- |
2.7.2 Amendments | Rs 1,000/- | USD 10/- |
(B) Import LC & Collection Bills Settled In Foreign currency | ||
Commission In Lieu of Exchange - On Bill Value On Account Of Foreign Currency Sourced From Other Banks etc. For Settlement Of Import Bills | 0.125% | 0.125% |
Settlement Of Bills Under Foreign Currency Loans | 0.125% | 0.125% |
Minimum | USD 30/- | USD 30/- |
(C) Collection | ||
1.1 Documents Against Payment (D/P) | ||
Commission | 0.375% of Value | 0.375% of Value |
Minimum | Rs 4,000/- | USD 40/- |
SWIFT Charges | Rs 2,500/- | USD 30/- |
Postages | Rs 100/- | USD 5/- |
1.2 Documents Against Acceptance (D/A) | ||
Commission | 0.5% of Value | 0.5% of Value |
Minimum | Rs. 4,000/- | USD 40/- |
SWIFT Charges | Rs 2,500/- | USD 30/- |
Postages | Rs 100/- | USD 5/- |
1.2.1 Overdue DA Bills Commission | Rs 2,000/- Per Month | USD 25/- Per Month |
1.2.2 Reinstate Charges Of Closed DA Bills | Rs 3,000/- | USD 30/- |
1.3 Endorsement Of B/L Consigned To Bank | Rs 2,000/- | USD 20/- |
1.4 Collection Bills Amendments Charges | Rs 2,000/- | USD 20/- |
1.5 Entrepot Trade Based - DP/DA Bills | ||
Additional Handling Charges | Rs 2,000/- | USD 20/- |
(D) Shipping Guarantees / Advance Documents | ||
1.1 Shipping Guarantee Commission | ||
On Invoice Value | 0.383% +VAT | 0.383% +VAT |
Minimum | Rs 4,100/- | USD 40/- |
1.1.1 Shipping Guarantees Outstanding Beyond One Month Of Issuance | Rs 2,000/- | USD 20/- |
1.2 Advance Documents - Commission | Rs 4,000/- | USD 40/- |
1.2.1 Advance Released & Not Received Originals For Payment / Acceptance Per For Month (Outstanding Over 30 Days) | Rs 1,000/- Per Month | USD 10/- Per Month |
(E) SWIFT Payments | ||
1.1 Advance Payments Under Mixed Payment Terms | ||
Commission | 0.25% On Invoice Value | USD 30/- Fixed |
Minimum | Rs 4,000/- | |
Maximum | Rs 15,000/- | |
1.2 Open Account Terms | ||
Commission | 0.25% On Invoice Value | USD 30/- Fixed |
Minimum | Rs 4,000/- | |
Maximum | Rs 15,000/- | |
(F) LC Bills Payment | ||
(1) Foreign Bills | ||
1.1 Sight | ||
Commission | Rs 3,000/- | 0.25% |
SWIFT Charges | Rs 2,000/- | USD 35/- |
1.2 Usance | ||
Acceptance Commission | 0.2% | 0.2% |
Minimum | Rs 3,000/- | USD 30/- |
SWIFT Charges | Rs 2,000/- | USD 35/- |
(2) Local Bills | ||
2.1 Handling Fee | Rs 5,000/- | |
2.1 Remittance Of Proceeds Direct Credit CBC Account | NIL | Equivalent To Rs 1,000/- |
RTGS Commissions | Rs 1,000/- | Rs 1,000/- |
(3) Unpaid L/C Bills (Sight / Usance) | ||
Handling Fee (After One Month Of Receipt ) | Rs 2,000/- | USD 20/-Per Month |
(4) Non Submission Of Accepted SOLA Draft | ||
Handling Fee (Charged After Two Weeks Of Release) | Rs 1,000/- Per Week | USD 10/- Per Week |
(5) Documents Transferred To Local Banks | Rs 5,000/- | USD 50/- |
(G) Guarantees | ||
All types Of Guarantees Issued | ||
1 Issuing Commission | ||
1.1 Against 100% Cash Margin For Each Guarantee | 1.021% Per Annum + VAT | 1.021% Per Annum + VAT |
1.2 Against A Lien On Interest Bearing Deposit | 1.531% Per Annum + VAT | 1.531% Per Annum + VAT |
1.3 Against Other Securities | 2.041% Per Annum + VAT | 2.041% Per Annum + VAT |
1.4 Minimum Commission For Issuance | Rs 3,100/- + VAT | USD 50/- + VAT |
2 Amendments | ||
2.1 Extension Within Same Quarter - Commission | Rs 2,100/- + VAT | USD 50/- + VAT |
Extension Exceeding Previously | Cash 1.021% Per Annum + VAT | Cash 1.021% Per Annum + VAT |
Charged Quarter For Each 90 Days On Available Balance | Lien 1.531% per Annum + VAT | Lien 1.531% per Annum + VAT |
Other 2.041% Per Annum + VAT | Other 2.041% Per Annum + VAT | |
Minimum | Rs 2,100/- +VAT | USD 50/- + VAT |
2.3 Other Amendments | Rs 2,100/- + VAT | USD 50/- + VAT |
2.4 Processing Fee | ||
Bank and Approved Formats | NIL | NIL |
Other Formats | Rs 1,050/- + VAT | USD 10/- + VAT |
2.5 Claims Handling Charge (Including Customs Guarantees) | Rs 2,100/- + VAT | USD 10/- + VAT |
2.6 Cancellation Of Guarantees | ||
Non Submission Of Original Guarantee Bond After Expiry | Rs 250/- + VAT | USD 25/- + VAT |
Submission Of Original Guarantee Bond | No Charge | No Charge |
3 Guarantees Issued At The Request Of Foreign Bank Against their Counter Guarantees | ||
General Charges - Rates Of Commission | 2.041% Per Annum + VAT | |
Minimum Commission - For Issuance | USD 200/- + VAT | |
SWIFT Charges | USD 20/- | |
Courier Charges If Requested To Deliver To Beneficiary | USD 10/- | |
Minimum Commission - For Amendments | USD 50/- + VAT | |
SWIFT Charges | USD 20/- | |
Courier Charges If Requested TO Deliver TO Beneficiary | USD 10/- | |
4 Advising Guarantees Issued By Foreign Banks Without Any Responsibility of Bank | USD 50/- + VAT |