Trade finance service fee schedule dbs

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Title: Trade Finance Service Fee Schedule
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  • Fee Schedule
  • FEE SCHEDULE - colorado.gov
  • BMO Harris Bank Business Service Fee Schedule

BMO Harris Bank Business Service Fee Schedule

Trade Finance Service
Fee Schedule
(A) Import LC
i. LC Issuance (Sight / Usance) 1/8% per month. Min 2 months, but not less
than S$80.
ii. Pre-Advice of LC (Telex/SWIFT) S$50
iii. Usance LC acceptance / Deferred payment Usance LC: 1/8% of bill amt per month, from
commission expiry date of LC to due date. Min S$80
iv. Discrepancy Fee US$80 (or S$110)
v. Import LC Amendment
- Extension of LC expiry / validity 1/8% per month on outstanding balance. Min
S$80
- Amount 1/8% per month on the difference between
increased amount & original amount. Min 2
months. Min S$80
- Others, including LC cancellation S$80
vi. Withdrawal of application before issuance S$50
vii. LC swift/cable cost S$100
viii. Processing fee under advance payment S$100
arrangement**
(B) Drawings under Import LC
i. Excess drawing 1/8% per month on excess portion. Min 2
months or S$80
ii. Drawing against expired LC 1/8% per month, from LC expiry date to
payment date. Min S$80
iii. Commission-in-lieu of exchange* 1/8% flat. Min S$80
(C) Export Doc LC / Incoming SBLC
i. Advising Doc LC/SBLC
- Commission Accountee : S$30
Non-Accountee : S$60
- Amendment Accountee : S$30
Non-Accountee : S$60
- Pre-Advice Accountee : S$30
Non-Accountee : S$60
Co. Reg. No. 196800306E Mar 2019
ii. Negotiation/Handling Doc LC
- Commission Accountee : 1/8% flat, Min S$80
Non-Accountee : 1/8% flat, Min S$110
- For restricted LC: Issuance of indemnity in favour 1/8%
of restricted bank Min 2 months or S$80
- Commission-in-lieu of exchange* 1/8% flat. Min S$80
iii. Export Doc LC/SBLC Confirmation Subject to quotation
iv. Export Doc LC
- Full / Partial Transfer with / without substitution Subject to arrangement (Min 0.25%, but not
less than S$500)
- Amendments Increase in amount : Same charges as LC
transfer
Text only: S$80
v. Collection Service - Presentation of Demand 1/8% flat. Min S$200
& Documents under SBLC through DBS
(D) Documentary Collections
i. Import / Inward Doc Collections
- Commission 1/8% flat. Min S$80
- Re-presentation Charge Charge as a new transaction
- Document released free of payment 1/8% flat. Min S$80
- Holding fee $50 per month after 2 months
ii. Export / Outward Doc Collections 1/8% flat, Min S$80
- Holding / Maintenance fees for unpaid or returned S$50 per month
items Sight bills: After 2 months' grace
Term bills: After 2 weeks' grace from maturity
date
- Amendment to collection instructions S$30 flat
iii. Tracers for import / export collections S$30 each (all-in)
iv. Commission-in-lieu of exchange* 1/8% flat. Min S$80
(E) Shipping Guarantee / Air Waybill Endorsement
i. Where banks handles documents under DBS S$80
LC
ii. Where bank handles documents under Inward 1/4% flat min S$80
Bill Collection
iii. Guarantees Outstanding / Unredeemed 1/4% per month. min S$80 (outstanding after
Guarantee 30 days)
Co. Reg. No. 196800306E Mar 2019
(F) Bankers Guarantee / Standby Letter of Credit
Banker's Guarantees / SBLC
i. Issuance (Direct) Financial Guarantee: 2% p.a.
Performance Guarantee:
1% p.a. up to 2 years
1.5% p.a. above 2 years
Min commission:
S$100 (BG-Standard format)
S$200 (BG-Non-Standard format)
Issuance (Indirect) Subjected to quotation
Min commission:
US$500 (Standard format)
US$1000 upwards (Non-standard format)
depending on complexity,
plus overseas bank issuance charges
Issuance (against Incoming Counter Subject to quotation
Guarantee/Counter Standby)
ii. Amendment
- Tenor Same as Issuance Commission, subject min
S$100
- Amount Same as Issuance Commission, subject min
S$100
- Others S$80
iii. BG Advising Accountee : S$30
Non-Accountee : S$60
Authentication of hardcopy BG S$200 flat
(issued by other bank)
iv. Handling of Inward Claims under BG/SBLC Same as Issuance Commission, subject to
issued by us (Pay or Extend) min S$200 (min. S$200 is payable whether
extended or not)
v. Collection Service
- Presentation of Demand & Documents under 1/8% flat, Min S$200
BG through DBS
vi. Request for Transfer /Acknowledgement of Subject to arrangement (min 0.25% but not
Notice of Assignment or Transfer of BG/SBLC less than S$500)
vii. Miscellaneous fees Vetting Fee, Cancellation Fee, Certified true
copy, Re-Issue of Guarantee (incorporating
amendments), where applicable at min S$200
upwards
viii. Others Tracer Fees S$10, Postage S$2, Courier
S$10 (local) min S$25 upwards (overseas),
Co. Reg. No. 196800306E Mar 2019
ix.. Processing fee under advance payment S$100
arrangement**
(G) Other charges
For other financing transactions such as BRS, Handling fees: 1/8% flat. Min S$80
BRD (Open account financing), Loan Packing
Credit, EBP, Direct BRP etc., a handling fee is
applicable in addition to interest charges.
Past due handling charge S$80 flat per item
Commission-in-lieu of exchange* 1/8% flat. Min S$80
Reimbursement S$100 flat
Assignment of proceeds to third party 1/8% flat. Min S$80
Swift/cable cost S$30 per swift/cable
Withdrawal of application before financing S$50
Notes:
*Commission-in-lieu of exchange is applicable where foreign currency trade transactions are
settled without foreign currency conversion.
**Processing fee is chargeable when LC/BG/SBLC amount is paid in full to the bank upfront in
order for the bank to issue the instrument under advance payment arrangement.
The above pricing schedule applies to trade fees & commissions charges only.
All incidental charges such as postage, courier & swift/cable are excluded.
Please note that all pricings mentioned above are for indicative purpose only and are subject
to the bank's discretion
For more information on these charges, please contact DBS BusinessCare at 1800 222 2200.
Co. Reg. No. 196800306E Mar 2019

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