| 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$60 (or S$105) |
| e. Import LC Amendment |
|
| - Extension of LC expiry / Validity |
1/8% per mth on outstanding balance. Min S$80 * |
| - Amount |
1/8% p.m. on the difference between increased amt & original amt.
Min 2 mths. 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 mth on excess portion. Min 2 mths or S$80 * |
| b. Drawing against expired LC |
1/8% per mth, 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 |
Accountee: 1/8% flat. Min S$80 * per transfer
Non-Accountee: 1/4% flat. Min S$110 * per transfer |
| (II) Transfer with substitution (full/partial) |
Accountee: 1/8% flat. Min S$130 * per transfer
Non-Accountee: 1/4% flat. Min S$210 * per transfer |
| (III) Amendment |
Increase in amt: Same charges as LC transfer (d[I] or d[II]). Text
only: S$80 * |
| (D) DOCUMENTARY COLLECTIONS |
| a. Import |
|
| - Commission |
1/8% flat. Min S$80 * |
| - Representation 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 *
Non-Accountee: 1/8% flat, Min S$110 * |
| Holding / Maintenance Fees for unpaid or returned items |
S$50 * per mth
Sight bills: after 2 mths' 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:
Up to 2 years : 1% p.a.
> 2 years : 1.5% p.a.
Min charge: S$100 (Std format) S$200 (Non-Std 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 |
| (H) OTHERS |
| Comm-in-lieu |
1/8% flat. Min S$80 * |
| Reimbursement |
S$80 * flat |
| Assignment of proceeds to third party |
1/8% flat. Min S$80 * |
