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Exports


LC Advising/Confirmation
Pre-Advise (Brief Cable):
  • Account holder:
S$40
  • Non-account holder:
S$50 (includes advising of original LC)
Original LC:
  • Account holder:
S$30
  • Non-account holder:
S$50
LC amendment:
  • Account holder:
S$30
  • Non-account holder:
S$50
Confirmation of LC: Subject to approval

 

Export LC Handling/Negotiation
Collection Commission 0.125% subject to minimum of S$80 (Account holder) / S$100 (Non-account holder)
Commission-in-lieu of exchange 0.125% subject minimum of S$50 (Account holder)
0.25% subject to minimum of S$80 (Non-account holder)

 

Outward Documentary Collections
Collection Commission 0.125% subject to minimum of S$80
Commission-in-lieu of exchange 0.125% subject minimum of S$50 (Account holder)
0.25% subject to minimum of S$80 (Non-account holder)
Holding Fees (for unpaid bills) after sight/due dates: S$50 per month (3 months grace)

Handling Commission (change in collection instruction):

S$30 flat

 

Applicable for all products/services:

a. Out-of-pocket expenses (e.g. agent fee, cable charges, courier, etc.) may apply where applicable.

b. CILE is applicable where the foreign currency trade transactions are settled without foreign currency conversion.

c. All fees/charges listed above are indicative and subject to the Bank's further discretion.

NOTE: This pricing guide is effective from 15 July 2009.