PARTICULARS CHARGES
REMITTANCES
Inward

Telegraphic Transfers

Free

Cash Deposit

1% (Min-USD10)

Cheques for collection

USD 15 per cheque

Outward

Telegraphic transfers
(including swift charges but excluding overseas bank charges if on account of Remitter)

0.15% (Min-USD30, Max-USD75)

Drafts

USD 25 flat

Travellers Cheques

1% ( Min USD 15 )

Cash Withdrawal

1% (Min USD10)

INTERNET BANKING

– Corporate (each batch of 3 Users)

Per Month USD EUR GBP
View 9 6 5.5
View and transact 18 12 11

TRADE SERVICES / LC’s

Imports

Issuance

0.50% for first 6 months or part thereof
Min USD50 +0.25% for each additional quarter or part thereof

Amendment others

USD 40 flat

Amendment/ increase in amount

0.50% for first 6 months or part thereof
Min USD50 + 0.25% for each additional quarter or part thereof

Transmission cost By SWIFT

Acceptance

0.125% per month ot part thereof
Min USD50

Negociating charges

Local fee

SWIFT charges

LC negociating commission

Acceptance commission (under usance LC)

Exports

Advising

0.1% flat (Min USD 40, Max USD 500)

Advising of Amendment

USD 50

Confirmation (subject to arragement)

0.25% flat (Min USD 100)

Negociation

0.25% (Min-USD30, Max-USD50)

DOCUMENTARY COLLECTIONS

Import & Export

For release against acceptance, payment or free of payment

0.25 % flat (Min USD 50)

Transmission costs

Courrier service

Min USD50 per mail

Fax Overseas

USD5 per page

Fax local

Free

Other (Swift, Telex etc.)

USD20

Sundry Charges

Ledger fees

USD 50 semi annually

Investigation with Correspondent Bk

USD 25 per request

Bank reference

USD 50

Information from archives

Search fee of $10 + $5 per page

Balance Audit confirmations

(within 12 months)

USD 20 per request

(after 12 months)

USD 25 per request

KYC report

USD 40

Duplicate statements

6 months old or less

USD 10 per monthly statement

More than 6 months

USD 20 per monthly statement

Standing orders

USD 10 per order

Closure of account

USD 25

Bank Guarantees

AVAL’ of negotiable Instruments (Bill of exchange)

1% flat min USD 100

Performance Bonds

1.25% p.a min USD150

Tender Bonds

Advance Payment Guarantee

1% p.a min USD150

Shipping Guarantee

USD 50

Customs and others

1% p.a min USD150

Loans and Advances

Amendment fee

USD 25

Cancellation fee
Search and MCIB fee

USD 500
Equivalent Rs 600/-

***The bank reserves the right of recourse to the customer if the cheque: draft is returned unpaid and a fee of USD 15 will be charged; Intermediary banks’ charges if any will be for customer’s account.

NB: All transaction costs are for customer’s account. The bank reserves the right to charge an additional handling fee for import and export bills for collection that are settled after the due date. The bank reserves the right to recover out of pocket expenses wherever application.