Trade Finance

No Product Description Tariff/Charges Fees Amount With Goods And Services Tax (GST) Effective 1/4/2015
1 LETTER OF CREDIT (LC) Letter of credit issuance/Pre Advice Commission/Fee As per Letter of Offer (LO) terms on LC plus 6% GST or min=RM53 incl 6% GST
Letter of credit ECR DLC issuance Commission/Fee As per LO terms on LC amt plus 6% GST or min=RM53 incl 6% GST
Letter of credit amendment (on amount increase) Commission/Fee As per LO terms on LC amt on the increased amount plus 6% GST or min=RM53 incl 6% GST
Letter of credit amendment (on extension of expiry date) Commission/Fee As per LO terms on LC amt on the extension period plus 6% GST or min=RM53 incl 6% GST
Letter of credit amendment (on extension of expiry date and amount increase) Commission/Fee As per LO terms on LC amt based on the new expiry date/ new amount plus 6% GST or min=RM53 incl 6% GST
Letter of credit Amendment (others) Commission/Fee RM53 incl 6% GST
Note : Opening commission is calculated at a prescribed rate from the date of LC issuance and payable in full from the time from establishment of all LCs. If there is any subsequent extension to the expiry date/increase in the amount of the LC, additional commission will be imposed based on extended period or the increase LC amount and will be collected when the LC is extended or the amount increased
2 INWARD BILL COLLECTION Inward Bills Collection Issuance (Immediate settlement by customer) Commission/Fee 0.1% flat on bill amt plus 6% GST or min. RM10.60 incl 6% GST max.
RM530 for Local Bill incl.6% GST or max RM106 for Foreign Bill incl 6%. GST
Inward Bills Collection ‐Acceptance (for usance bill) Commission/Fee 0.1% flat on bill amt plus 6% GST or min. RM10.60 incl 6% GST max.
RM530 for Local Bill incl.6% GST or max RM106 for Foreign Bill incl 6% GST
Inward Bills Collection‐ Amendment (increase in amount) Commission/Fee 0.1% flat on bill amt plus 6% GST or min. RM10.60 incl 6% GST max.
RM530 for Local Bill incl.6% GST max RM106 for Foreign Bill incl 6%GST
Inward Bills Collection‐ Cancellation (if dishonour) Commission/Fee Service charge = RM53 per advice incl. 6% GST
3 USANCE BILL UNDER LC Usance Bill under LC Issuance/Acceptance Commission/Fee As per LO terms on UBLC amt plus 6% GST or min=RM53 incl 6% GST from acceptance date till expiry date.
Also to charge LC comm on overdrawn or expired LC plus 6% GST
Usance Bill under LC settlement (Overdue bill) Interest 3.5% + BLR or as quoted as per LO terms
4 INWARD BILL UNDER LC Inward Bills under Letter of Credit Issuance‐Immediate Payment (Documents present after LC expired) Commission/Fee As per LO terms on Bill amt plus 6% GST or min=RM53 incl.6% GST from expiry date till presentation /nego date
Inward Bills under Letter of Credit Issuance‐Immediate Payment (Overdrawn Bill Amount i.e Bill amount more than LC amount) Commission/Fee As per LO terms on Overdrawn amt plus 6% GST or min=RM53 incl 6% GST from LC issue date till presentation /nego date
Interest Transit Interest as quoted by Treasury
5 FBED NON LC/FBED LC FBED‐Non LC Commission/Fee 0.1% flat or min RM10 max RM100
FBED‐LC Commission/Fee 0.1% flat or min RM10 max RM100
Interest FCY‐as quoted by Treasury LCY‐as per LO terms
Document Checking Fee RM100
Interest Charges 3.5% + BLR or as quoted as per LO terms
6 DBED‐NON LC/DBED LC DBED‐NON LC Commission/Fee 0.1% flat plus 6% GST or min RM10.60 incl 6% GST or max RM530 incl 6% GST
DBED‐LC Commission/Fee 0.1% flat plus 6% GST or min RM10.60 incl 6% GST or max RM530 incl 6% GST
Interest FCY‐as quoted by Treasury LCY‐as per LO terms
Document Checking Fee RM53 incl 6% GST
Interest Charges 3.5% + BLR or as quoted as per LO terms
7 FBEP LC/FBEP non LC FBEP ‐NON LC Commission/Fee 0.1% flat or min RM10 max RM100
Interest FCY‐as quoted by Treasury LCY‐as per LO terms
FBEP‐LC Commission/Fee 0.1% flat or min RM10 max RM100
Document Checking Fee RM100
FBEP‐LC/ FBEP
Non LC/ Settlement/Cancellation
Interest FCY‐as quoted by Treasury LCY‐as per LO terms
8 DBEP LC/DBEP non LC DBEP‐Non LC Commission/Fee 0.1% flat plus 6% GST or min RM10.60 incl 6% GST or max RM530 incl 6% GST
Interest FCY‐as quoted by Treasury LCY‐as per LO terms
DBEP LC Commission/Fee 0.1% flat plus 6% GST or min RM10.60 incl 6% GST or max RM530 incl 6% GST/td>
Document Checking Fee RM53 incl 6% GST
DBEP‐LC/DBEP‐Non LC Settlement / Cancellation Interest FCY‐as quoted by Treasury LCY‐as per LO terms
9 INWARD LETTER OF CREDIT Inward Letter of Credit Advising (without adding confirmation) Commission/Fee RM42.40 incl 6% GST
Inward Letter of Credit Advising (with confirmation) Commission/Fee To be quoted by Fin. Institution Dept plus 6% GST.(for local)
Inward Letter of Credit Advising (pre‐advice confirmation) Commission/Fee RM42.40 incl 6% GST
Inward Letter of Credit Amendment (Any amendments) Commission/Fee RM42.40 incl 6% GST
10 ECR ‐ POST SHIPMENT ECR ‐ Post Shipment Issuance Commission/Fee Transaction Fee = RM10 per transaction
Interest EXIM Bank funding rate + spread as per LO terms
ECR ‐ Post Shipment Liquidation Commission/Fee Transaction Fee=RM10 per transaction
ECR ‐ Post Shipment Settlement (overdue bill) Interest 3.5% + BLR or as quoted as per LO terms
11 ECR‐PRE SHIPMENT ECR ‐ Pre Shipment Domestic Purchase Order (DPO) issuance / acceptance Commission/Fee 0.05% FLAT on DPO amountplus 6% GST
Min. = RM10.60 incl 6% GST
Max. = RM530.00 incl 6%GST
ECR ‐ Pre Shipment Lodgement/Drawdown/Liquidation/Cancellation Commission/Fee Transaction Fee=RM10.60 per transaction incl 6% GST
ECR ‐ Pre Shipment Settlement (Overdue Bill) Interest 3.5% + BLR or as quoted as per LO terms
ECR ‐ Pre Shipment Monthly Interest (Performing) Interest EXIM Bank funding rate + spread as per LO terms
12 BANK GUARANTEE (BG) Bank Guarantee Issuance Commission/Fee As per LO terms on BG amount plus 6% GST or Min. = As per LO plus 6% GST
Document Checking Fee (if any) RM265 ‐BG format vetting fee incl. 6% GST
Bank Guarantee Amendment (increase in amount) Commission/Fee As per LO terms on the increased BG amount plus 6% GST or Min. = As per LO plus 6% GST
Bank Guarantee Amendment (Extend expiry date) Commission/Fee As per LO terms on new expiry date plus 6% GST or Min. = As per LO plus 6% GST
Bank Guarantee Amendment (Increased amount and Extend Expiry date) Commission/Fee As per LO terms on increased BG amount and new expiry date plus 6% GST or Min. = As per LO plus 6% GST
Bank Guarantee Amendment (Terms Only) Commission/Fee RM53 incl. 6% GST
BG Assignment Commission/Fee RM53 incl. 6% GST
Note : Opening commission is calculated at a prescribed rate from the date of BG issuance and payable in full from the time from establishment of all BGs. If there is any subsequent extension to the expiry date/increase in the amount of the BG, additional commission will be imposed based on extended period or the increase BG amount and will be collected when the BG is extended or the amount increased
13 AD HOC BG Ad‐Hoc Bank Guarantee Issuance Commission/Fee 0.125% per month or part of a month in plus 6% GST or Min. = RM265 incl 6% GST
Document Checking Fee (if any) RM265 ‐BG format vetting fee incl. 6% GST
Ad‐Hoc Bank Guarantee Amendment (increase in amount) Commission/Fee 0.125% per month or part of a month on the increased BG amount plus 6% GST or Min. = RM265 incl. 6% GST
Ad‐Hoc Bank Guarantee Amendment (Extend expiry date) Commission/Fee 0.125% per month or part of a month in RM equivalent on the new expiry date plus 6% GST or Min. = RM265 incl. 6% GST
Ad‐Hoc Bank Guarantee Amendment (Amount and Extend Expiry date)

Ad‐Hoc Bank Guarantee Amendment (Terms Only)
Commission/Fee 0.125% per month or part of a month on BG increased amount and the new expiry date plus 6% GST or Min. = RM265 incl. 6% GST.
Handling Fee RM53. incl 6% GST
Adhoc‐BG Assignment Handling Fee RM53 incl 6% GST
Note : Opening commission is calculated at a prescribed rate from the date of adhoc BG issuance and payable in full from the time from establishment of all adhoc BGs. If there is any subsequent extension to the expiry date/increase in the amount of the adhoc BG, additional commission will be imposed based on extended period or the increase adhoc BG amount and will be collected when the adhoc BG is extended or the amount increased
14 BG PLUS BG Plus Issuance Commission/Fee As per package. Package A(Cash margin as collateral plus insurance) = 1.15%p.a plus 6% GST, Package B (FD as collateral plus insurance) =1.25% p.a plus 6% GST, Package C(Cash margin/FD as collateral without insurance) = 1.50% p.a plus 6% GST or Min. = RM265 incl . 6% GST
BG Plus Amendment (increase in amount) Commission/Fee As per package. Package A=1.15%p.a plus 6% GST, Package B=1.25% p.a plus 6% GST, Package C = 1.50% p.a plus 6% GST on the increased BG amount or Min. = RM265 incl 6 % GST.
BG Plus Amendment (Extend expiry date) Commission/Fee As per package. Package A=1.15%p.a plus 6% GST, Package B=1.25% p.a plus 6% GST, Package C = 1.50% p.a plus 6% GST on the new expiry date or Min. = RM265 incl 6 % GST.
BG Plus Amendment (Amount and Extend Expiry date)

BG Plus Amendment (Terms Only)
Commission/Fee As per package. Package A=1.15%p.a plus 6% GST, Package B=1.25% p.a plus 6% GST, Package C = 1.50% p.a plus 6% GST on the increased BG amount and new expiry date or Min. = RM265 incl 6 % GST.
Handling Fee RM53 incl 6% GST
BG Plus Assignment Handling Fee RM53.00 incl 6% GST
Note : Opening commission is calculated at a prescribed rate from the date of BG Plus issuance and payable in full from the time from establishment of all BG Plus. If there is any subsequent extension to the expiry date/increase in the amount of the BG Plus, additional commission will be imposed based on extended period or the increase BG Plus amount and will be collected when the BG Plus is extended or the amount increased
15 BANKERS ACCEPTANCE (BA) BA (Issuance/Discount) Commission/Fee Acceptance commission as prescribed in LO
16 OUTWARD BILLS COLLECTIONDOMESTIC Outward Bills Collection‐Domestic Issuance ‐ New lodgement of bill Commission/Fee 0.1% flat plus 6% GST or min. RM10.60 incl. GST and maxRM530 incl 6% GST
Outward Bills Collection‐Domestic Amendment ‐ On amount (increase) Commission/Fee 0.1% flat plus 6% GST or min. RM10.60 incl. GST max.and RM530 incl 6% GST
17 OUTWARD BILLS COLLECTIONFOREIGN Outward Bills Collection‐Foreign Issuance ‐ New lodgement of bill Commission/Fee 0.1% flat or min. RM10 and max. RM100
Outward Bills Collection‐Foreign Amendment ‐ On amount (increase) Commission/Fee 0.1% flat or min. RM10 and max. RM100
18 TRUST RECEIPT (TR)/FOREIGN TR Trust Receipt Settlement ‐ before or on maturity date Interest Prescribed rate as per LO terms
Trust Receipt Settlement ‐ (Overdue Bill) Interest 1% above prescribed rate as per LO terms
19 GENERAL CHARGES General charges ( if applicable) Courier W.M'sia=RM15.90 incl 6% GST
E.M'sia=RM26.50. incl 6% GST
S'pore=RM47.70 incl GST
Others : RM90.00 or higher depending on destination plus 6% GST
Rentas RM 9.54 incl 6% GST
Postage & Stamping RM10.60 incl 6% GST
Swift RM15.90 incl 6% GST (if applicable)
Stamp Duty RM10 per stamp
Tariff Charges insert_drive_file
Rates & Charges attach_money
Calculator phonelink_ring