| Trade Finance Service Fees |
| (A) Imports LC |
| a. LC Issuance (Sight / Usance) |
1/8% pm. Min 2 mths, but not less than S$80 |
| b. Pre-Advice of LC (Telex/SWIFT) |
S$50 |
| c. Usance LC acceptance / deferred payment commission |
Usance LC: 1/8% of bill amt per mth, from expiry date of LC to due date. Min S$80 |
| d. Discrepancy Fee |
US$80 (or S$110) |
| e. 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 |
| f. Withdrawal of application before issuance |
S$50 |
| (B) Drawings under Import LC |
| a. Excess drawing |
1/8% per month on excess portion. Min 2 mths or S$80 |
| b. Drawing against expired LC |
1/8% per month, from LC expiry date to payment date. Min S$80 |
| (C) Export LC |
| a. Advising |
|
| - 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 |
| b. Negotiation/Handling |
|
| - Commission |
Accountee: 1/8% flat, Min S$80
Non-Accountee: 1/8% flat, Min S$110 |
| - For restricted LCs: Issuance of Indemnity in favour of restricted bank |
1/8%
Min 2 mths or S$80 |
| c. Export LC Confirmation |
Market rate |
| d. LC Transfer |
|
| (I) Full Transfer (without substitution) |
1/8% flat Min S$80 per transfer |
| (II) Full/Partial Transfer (with substitution) |
1/8% flat. Min S$130 per transfer |
| (III) Amendment |
Increase in amt: Same charges as LC transfer
Text only: S$80 |
| (D) DOCUMENTARY COLLECTIONS |
| a. Import |
|
| - Commission |
1/8% flat. Min S$80 |
| - Re-presentation Charge |
Charge as a new transaction |
| - Handling comm for Protest |
Protest function discontinued |
| b. Export / Outward Doc Collections |
Accountee: 1/8% flat, Min S$80
|
| - Holding / Maintenance Fees for unpaid or returned items |
S$50 per mth
Sight bills: after 2 months' grace
Term bills: after 2 weeks' grace from maturity date |
| - Amendment to collection instructions |
S$30 flat |
| c. Tracers for import / export collections |
S$30 each (all-in) |
| (E) SHIPPING / AWB GUARANTEES |
| a. Where banks handles doc under DBS LC |
S$70 |
| b. Guarantees Outstanding / Unredeemed Guarantee |
1/4% per mth. min S$80 (outstanding after 30 days) |
| (F) BANKER'S GUARANTEES / SBLC |
| a. Issuance |
Financial Guarantee: 2% p.a.
Performance Guarantee: 1% p.a. to 1.5% p.a
Min charge: S$100 (Standard format), S$200 (Non-Standard format) |
| b. Amendment |
|
| - Tenor |
Same as issuance commission |
| - Amount |
Same as issuance commission |
| - Others |
S$80 |
| c. BG / SBLC Advising |
Accountee: S$30
Non-Accountee: S$60 |
| (G) OTHERS |
| For other financing transactions such as BRS, BRD (Open account financing),
Loan Packing Credit, EBP, Direct BRP etc., a handling fee is applicable in
addition to interest charges. |
Handling fees: 1/8% flat. Min S$80 |
| Past due handling charge |
S$80 flat per item |
| Comm-in-lieu |
1/8% flat. Min S$80 |
| Reimbursement |
S$100 flat |
| Assignment of proceeds to third party |
1/8% flat. Min S$80 |