I.

EXPORTS

1.

Inward overseas remittance

1.1

Receiving inward remittance from overseas

0.05%

USD2

USD100

1.2

Fee applicable to return of payment orders to foreign banks

USD10

2.

Collection

2.1

Sending documents for collection

USD3

2.2

Settlement for trade collection

0.15%/value of the set of documents

USD10

USD136.36

2.3

Settlement for cheque collection

0.2%

USD2

USD100

2.4

Amendment of collection instructions upon request

USD10/time

2.5

Investigation of collection documents

USD5/time

3.

Export Letters of Credit (L/Cs)

3.1

Advising L/Cs

a.

Directly to customers

USD15/LC

b.

EIB is the first advising bank

USD20/LC

c.

EIB is the second advising bank

USD10+ Fee charged by the first advising bank

3.2

Advising of L/C amendment

a.

Directly to customers

USD5/amendment

b.

EIB is the first advising bank

USD15/amendment

c.

EIB is the second advising bank

USD5/amendment + Fee charged by the first advising bank

3.3

L/C transfer and amendment

a.

Domestic transfer

 USD20

b.

Overseas transfer

USD30

3.4

Negotiation of set of documents under L/C

0.15%/value of the set of documents 

USD10

USD136.36

3.5

Processing sets of documents

a.

Sets of documents presented at EIB

Free

b.

Sets of documents checked by EIB but presented at another bank

USD20

3.6

Confirmation added to L/C issued by correspondent bank

0.15%/month

USD50

3.7

L/C cancellation at customer’s request

10USD

3.8

Preparation of L/C set of documents at customer’s request

0.1%/set of documents

USD20

USD200

II.

IMPORTS

1.

Outward overseas remittance

1.1

Remittance by wire transfer

a.

Remittance fee

 0.20%-5.0%

USD5

b.

Fees for amendment, investigation and cancellation of payment orders (excluding telecommunication fee)

Agreeable

USD10

1.2

Remittance by Bankdrafts

a.

Issuance of Bankdrafts

+ Supply of Bankdrafts

 Free

+ Service fee

 0.20%-5.0%

USD5

b.

Cancellation of Bankdrafts

+ Cancellation of Bankdrafts in USD

Agreeable

USD10/ bankdraft

+ Cancellation of Bankdrafts in other foreign currencies

Agreeable

USD10/ bankdraft

2.

Collection

2.1

Receiving and advising collection

USD5

2.2

Settlement for trade collection

a.

In case fee is incurred by the buyer

0.15%-5%/paid amount

 USD10

b.

In case fee is incurred by the seller

 0.2% - 5%/paid amount

 USD20

2.3

Settlement for cheque collection

0.2% 

USD2 

USD100  

2.4

Relaying documents to another bank at the request of the collecting bank/buyer

20 USD + actual arising cost

2.5

Cancellation of collection at customer’s request/payment refusal/ unpaid documents delivery

USD10 + actual arising cost

3.

Import L/Cs

3.1

L/C issuance

a.

100% margin

0.075% - 2%/LC value

USD20

b.

Below 100% margin

Maximum 2%/LC value

 USD20

+ Deposit amount

Minimum 0.075%/deposited amount

+ Non-deposit amount

 Minimum 0.15%/non-deposited amount

3.2

L/C amendment

a.

Amendment to increase amount

The same as L/C issuance

b.

Others

USD10/time

3.3

Cancellation of L/C at customer’s request

 USD20/time + Fee charged by foreign banks (if any)

3.4

Settlement of L/Cs

0.2% - 2%/LC value

USD20

3.5

Issuance of pre-advising L/Cs

 USD20/ LC

3.6

Returning documents under L/C

 USD20 + actual arising cost

4.

B/L endorsement for receipt of goods

4.1

In case fee is incurred by the buyer

USD5/BL

4.2

In case fee is incurred by the seller

USD20/BL

5.

Issuing letter of guarantee on receipt of goods

 USD50/ guarantee

III

.

TELECOMMUNICATION FEE

1.

Telecommunication fee for SWIFT messages

1.1

L/C

USD20

1.2

Other types of messages

USD5

2.

Test verification or authentication

USD10

3.

Test verification or authentication and relay of messages to other banks

USD25