Import & Export
Documentary Credit
LETTER OF CREDIT (IMPORT)
Responsibility of the issuing bank: The documentary credit is a separate transaction independent from the sale contract. The issuing Bank is bound only by the content of the DC, the bank is not linked by the stipulation of the sale contract between the customer and the seller.
L/C Fees:
|
1. Import |
|
|---|---|
|
Issuing Letter of Credit |
0.1% P.M+SWIFT 50.00 USD(Min. USD 50.00) |
|
L/C Cancellation |
USD 50.00 |
|
Telecommunication Fee For Issuing L/C |
USD 30.00 |
|
Amendment Letter of Credit |
USD 50.00 |
|
Telecommunication Fee of Amendment L/C |
USD 30.00 |
|
Document Handling Fee |
0.20%+SWIFT USD 50.00 (Min. USD 50.00) |
|
Acceptance of Usance Draft |
0.10% P.M |
|
Documentary Collection (not under L/C) |
0.15% (Min. USD 30.00) |
|
Telecommunication Fee |
L/C USD 15.00 |
|
DA/DP USD 30.00 |
|
LETTER OF CREDIT (EXPORT)
Export Letter of Credit is documentary credit or banker commercial credit issued by foreign bank in favor of domestic exporter at the request of foreign Importer.
L/C Fees:
|
2. Export |
|
|---|---|
|
Services |
Charge |
|
Advising L/C |
USD 50.00 |
|
Advise Amendment |
USD 30.00 |
|
Document Handling Fee |
0.2% (Min. USD 50) |
|
Courier Fee |
USD 100 Per Set of Documents |
|
Telecommunication/SWIFT Fee |
USD 50.00 |
