| I |
|
|
| 1. |
BILLS PURCHASED/
DISCOUNTED/NEGOTIATED |
CHARGES |
| a. # |
Processing charges for
each foreign currency export bills: |
For Bills upto USD
5000 - Rs. 600/=
For Bills above USD 5000 - Rs. 1200/= |
| b# |
Processing charges for
Rupee export bill |
0.30% Min. Rs. 600/=
per bill. |
| c# |
For forwarding export
documents on which no collection commission or exchange accrues to the bank
(i.e. from one bank to the other in India) |
0.30% Min. Rs. 1000/=. |
| d.# |
Reimbursement charges
under L/C |
Upto USD 5000 -
Rs.600/=
Over USD 5000 & upto USD 1 lac Rs.1200/= Over USD 1 lac Rs.1500/=
per reimbursement
|
| e. |
Forwarding documents
to another bank for negotiation to whom L/C is restricted by the bank which
has booked the forward contract |
0.30% Min. Rs. 1000/=. |
| f. |
For joining customer’s
guarantees and giving guarantees on behalf of customers in respect of
discrepant documents |
0.20% Min. Rs. 1000/=. |
| g. |
In case of overdue export bill
purchased/discounted/negotiated where proceeds are not received within the
stipulated period of 6 months.
NOTE (i) For export
bills (in foreign currency/rupees) purchased/ negotiated- In addition to the
above charges, interest at the appropriate rate prescribed by HO from time
to time will also be recovered |
Rs. 700/= per quarter
or part thereof. |
| h. |
Charges for discrepancies in
export documents under L/C |
USD 25/= |
| |
COLLECTION OF BILLS |
|
| a. |
Both Foreign currency
& Rupee export bills |
0.15% Min. Rs. 600/=.
Maximum Rs. 25000/=. |
| b. |
Overdue
export bills sent for collection Rs. 250/- per quarter where proceeds are
not received within 6 months I |
Rs. 600/= per quarter
or part thereof. |
| c. |
For each complete set of export documents
sent by the exporter directly to overseas buyer with the approval of RBI,
while disposing of the relative GR forms. |
Rs. 700/= per bill. This charges
is in addition to commission recovered while crediting proceeds of advances
payment in the customer’s account. |
| d. |
Additional charges where proceeds of bills
are received through a bank other than the collecting bank at the instance
of exporter/overseas buyer additional charges. |
0.15% Min. Rs. 600/=. |
| e. |
Certificates/ Issuance of certificates/
attestations in respect of export transactions. |
Rs. 120/= per certificate. |
| f. |
Registration of export contracts |
Rs. 700/= flat per registration.
Rs. 400/= flat per amendment |
| g. |
For advance against duty drawback
entitlements |
0.50% Min. Rs. 500/= Maximum Rs.
25000/= |
| |
EXPORT LETTER OFCREDIT |
|
|
| a. |
Advising Letter of Credit |
Rs. 1500/= flat per LC. |
|
| b. |
Advising amendment |
Rs. 600/= per amendment. |
|
| c. |
Confirmation Charges
a) Commitment charges
b) Usance charges
c) Plus processing fee Rs.1500/- for adding confirmation |
a) 0.175% for every quarter or part thereof
b) (i) 0.175% for bills up to 10 days sight
(ii) 0.35% for bills over 10 days and up to
3 months sight
(iii) 0.35% for the first three month plus 0.090% for every month
in excess of three months, for bills over 3 months sight.
Note : Applicable on both a &b above
LC upto Rs.5.00crores: normal rate
LC above Rs.5.00crores & upto Rs.10.00 crores -Upto
Rs.5.00 crores - Normal rate + For amount in excess of Rs.5.00 crores - 50%
of normal rate
LC above Rs.10.00crores -upto Rs.5.00 crores - normal rates + For amount
in excess of Rs.5.00 crores & upto Rs. 10.00 crores - 50% of the normal
rates + For amount in excess of Rs.10.00
crores - 25% of normal rates.
Min. Rs. 600/= for all customers. |
| d. |
Transfer of L/C |
Rs. 700/= flat for each advice of
transfer. |
| e. |
Acceptance commission for accepting usance
drafts to be drawn on and accepted by banks in India |
0.1750% per quarter and part
there of Min.Rs.1500/=. |
