Pricing Guide
If you have recently applied for our trade finance products and services, you should check out our pricing guide.
Select the section you'd like to find out more about:
 |
Imports Letter of Credit (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 |
|
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 |
|
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. |
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 |
|
Documentary Collections |
|
| a. |
Import/Inward Bills Collection |
|
|
|
- Commission |
|
1/8% flat. Min S$80 |
|
- Amendment |
|
Accountee: S$30
Non-Accountee: S$60 |
|
- Re-presentation Charge |
|
Charge as a new transaction |
|
- Handling comm for Protest |
|
Protest function discontinued |
| b. |
Export/Outward Bills Collection |
|
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) |
|
Shipping Guarantees/ Air Waybill (AWB) |
|
| 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) |
|
Banker's Guarantees (BG) / Standby Letter of Credit (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 |
|
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 |
Notes:
- The above pricing schedule applies to trade fees & commissions charges only.
- All incidental charges such as postage, courier & 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 our Trade Operations' hotline at +(65) 6878-8881 (selection option 2).
*Rates are effective from 21 May 2009