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Trade Finance - Fees and Commissions


S.no Fees Charged for FX Services Import and Service Payment from Local Currency Account Import and Service Payment from Foreign Currency Account Import and Service Payment from FDI Account Holder
Import Service Payments Cash Sales Import Service Payments Cash Sales Import Service Payments Cash Sales
LC CAD TT Invisible LC CAD TT Invisible LC CAD TT Invisible
1 LC Opening Commission 2% NA NA NA NA 1.5% NA NA NA NA NA NA NA NA NA
2 Service Charge 2% 4% 4% 4% 4% 1.5% 3% 3% 3% 2% 1% 1% 1% 1% 1%
3 Confirmation Charge NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
4 Amendment Fee NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
5 Extension Before Expiry Fee NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
6 Extension After Expiry Fee NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA
7 LC Cancellation Commission NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA

*All charges and interest rates are subject to change as per bank regulations.

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