GH Bank announcement Subject: Mortgage Fees

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1 GH Bank announcement Subject: Mortgage Fees No. Types of fees Fee Rate (Baht) Terms / Remarks 1 Appraisal Fees 1.1 General retail loans; Refinancing and welfare loans without Bank deposits Appraisal fees will not be refunded if loans not approved - Loan amounts not exceeding Bt500,000 1,900 per appraisal - Loan amounts Bt500,001 3,000,000 2,800 per appraisal - Loan amounts exceeding Bt3,000,000 3,100 per appraisal Borrower with more than one property as collateral - Collateral in same area or district, appraisal fee will be increased by 50 %. - Collateral in different area or district, appraisal fee will be increased 100%. 1.2 Appraisal fees (valuation companies) for Regional Branch Business Units as follows; (1) Reviewing Nor Sor 3 Kor, title deed before completing juristic act (2) Reviewing collateral for Highway Department connection request (3) Reviewing collateral - to split title deed and release part of mortgage (4) Reviewing collateral when deed borrowed for use as collateral (5) Reviewing collateral when property subject to rental agreements. 1,000 1,200 1,200 1,200 1,200

2 1.3 Reviewing appraisal value fees. When borrower appeals appraisal values and Bank determines property value. 1.4 Appraisal fees Flats and rental housing Project development 1.5 Appraisal fees Purchasing Legal Execution Department assets 1.6 Appraisal fees - NPL properties 1.7 Appraisal fees - debt restructuring properties Appraisal fees - GHB 2U restructuring program Appraisal fees refinancing 1.8 Appraisal fees Bank NPAs 500 5,000 5,000 1,600 1,600 1,600 1,600 1,600 (Rate effective June 16, 2009) (Rate effective June 25, 2009) 2 Appraisal fees rental properties Fees as follows: 2.1 Rental income valued as collateral 2.2 Determining construction progress for loan disbursements 3 Project inspection costs Appraisal fees not refunded after appraisals begin

3 (for long-term funding) 3.1 New project inspection 3.2 Project extensions 3.3 Changing building designs or costs 3.4 Public utility checks 3.5 Certificate - of land for building, construction, land use and condominium development 3.6 Document reviews (Aor Chor2, Aor Chor10 or use of property deed owned by others 3.7 Reviewing project developer appraisal values. The Bank will determine appraisal values 4 Fees for extending project completion dates (long-term funding) - If project has fewer than 20 customers and loan amounts not exceeding Bt20 million 10,000 5,000 2,500 1, / room 500 5,000 10,000 (can be from more than one project) (Rates effective June 2, 2008) (Rates effective June 2, For projects from December 31, 2010 (effective October 10, 2011) 5 Appraisal fees for project developments (flat and house rentals) including new and additional loans Fees charged per project 6 Reviewing building construction costs for loan disbursal 6.1 General retail loans and all welfare project loans 6.2 Loans for flats and project developments 6.3 Rental housing loans Exception: if more than one collateral 7 Fees for registering rights and juristic acts (lump sum turnkey rates) 0.25 per cent of loan amount (amount of loan approved) 800 each time 1,200 each time 1,200 each time 1,200 per collateral Bank collects fee on legal transaction date (effective October 10, 2011) (Effective June 2, Pay at or before review date (effective June 9, 2009) 1,000 per case (Effective January 5,

4 8 Application fees 8.1 Retail loans, project retail loans and refinancing loans (1) Fees for verifying property boundaries (2) Fees for partial release of mortgage collateral (3) Mortgage amendment fees, paying off existing debt, taking on new mortgage, changing joint borrower or changing ownership. Exception: Restructuring loans, changing borrowers or joint borrowers due to borrower death (4) Fees for borrowing title deed from third party, cancellation of mortgage and survey of property boundaries. (5) Fees for loan certification (6) Fees for construction permit verification (7) If borrowers requests to repay mortgage and asks Bank to receive proceeds at Land Office but transaction cannot be completed, Bt3,000 will be charged for additional appointments. (8) Fees for copies of important documents (9) Fees for refinancing letters of credit consent (10) Fees for loan statements (11) If customer requests multiple applications, Bank will only charge the highest fee (one amount). (12) Fee for issuing consent letters for boundary surveys 8.2 Retail project loans 1,500 each time 3,000 each time 5,000 each time 2,000 each time 200 each time 200 each time 3,000 each time 200 per set per year 200 each time (Effective July 2, 2008) (Effective March 24, 2010) Exception: redemptions for changing borrowers or refinancing Exceptions : copies of loan payment invoices (Effective October 5, 2011)

5 Loan commitment fee for long term loans 8.3 Loans to buy Bank assets If original purchaser assigns contract to new buyers - must pay for new Sale and Purchase Contracts 9 Penalties paid at loan application submission: 9.1 Penalties for 3 years or more floating rate loans: (1) Within 1 year from initial loan agreement date (2) Within 2 years from initial loan agreement date (3) Within 3 years from initial loan agreement date (4) Loan to construct flats (repayments after three years). (Effective November 26, 2012) Remarks: Floating interest rate loans (9.1) mean Bank special floating interest rate loans 9.2 Loans with 1 or 2 year floating interest rates and more than 3 year loan terms. Bank charges following penalties. (1) Within 2 years from initial loan 0.50 per cent of longterm loan amount 0.25 per cent of selling price but not lower than 2,000 3 per cent of loan amount 2.5 per cent of loan amount 2 per cent of loan amount 1 per cent of principle balance 2.5 per cent of loan - Fees charged for unused loan amounts will be refunded. - No commitment fees for projects not requiring long-term loans 1.Penalities waived if borrowers qualify under one or more following conditions: 1.1 The Bank has filed lawsuit to enforce the mortgage 1.2 Reorganization 1.3 Accounts closed because of Bank operational rules ie closing initial account when requesting for larger loan, closing accounts to increase number of borrowers (new loan account still has existing borrowers name) 1.4 Closing accounts to change borrowers 1.5 If borrowers with existing accounts request to open new accounts: Bank issues new mortgage but old loans repaid and accounts closed Request for new loans. Old mortgage loans repaid and Bank issues new mortgage. (effective March 8, 2010)

6 agreement (2) Within 3 years from initial loan agreement date 9.3 Floating interest rate loans. prepayments incur following penalties: (1) Within 1 year from initial loan agreement date (2) Within 2 years from initial loan agreement date (3) Within 3-5 years from initial loan agreement date 9.4 Borrowers changing to fixed interest rate loans rates incur following prepayment penalties. (1) Within 1 year from initial loan date. (2) Within 2 years from initial loan date. (3) Within 3-5 years from initial loan date. Exception: Loans for rental housing. Bank charges following prepayment penalties: 1.8 Pre-payments within first year 1.9 Pre-payment within second amount per loan agreement 2 per cent of loan amount followed with agreement 3 per cent of loan 2.5 per cent of loan 2 per cent of loan 3 per cent of loan 2.5 per cent of loan 2 per cent of loan 4 per cent of loan agreement 3.5 per cent of loan 1.6 Borrowers with Kum Nirun Insurance : either died or became disabled. The Bank has received insurance proceeds to repay loans. (Effective September 28, 2009) 1.7 If borrowers have fire insurance, and houses or collateral totally or partially uninhabitable and Bank has received insurance proceeds to repay loans. (effective September 4, 2014) 2. The Bank refunds penalties if loan adjustment requests denied. 3. The Bank charges no. 9.1 and 9.2 penalties for loan applications from April 9, 2001) 4. Borrowers that pay loans before due dates must pay penalties if they close accounts during the first three years of loan term. 5. Borrowers pay penalties if repaying construction or renovation loans before due date. Penalties shall be based on total loan amount disbursed.

7 year 1.10 Pre-payments within third year 3 per cent of loan 10 Fees for interest rate adjustments 10.1 Borrowers with fixed interest rate loans: (1) From fixed interest rate to long-term floating interest rates (2) From existing fixed interest rates to new fixed interest rates (3) From fixed interest rates to welfare project without deposit rates 10.2 Borrowers with long-term floating rate loans: (1) From long-term floating rate to new long-term floating rates (Bank s announced rates) (2) From long-term floating rates to fixed interest rates 1 per cent of principle balance on date customer requests interest rate adjustment 1 per cent of principle s balance on date that customer requests interest rate adjustment The Bank will waive fees under following conditions: (1) Qualified good retail customers eligible for fee waiver adjustments: (1.1) Excellent monthly repayment records and all previously outstanding loans paid before due date. No agreements to increase loan amounts of any previous loans. (1.2) If MRR is being used (MRR or MRR per cent) (1.3) The purpose of loan is not for loan payments or to purchase home appliances (1.4) Collateral used is not raw land or commercial buildings (2) Interest rate adjustments under Bank interest rate announcement for general customers (3) Excellent retail

8 customers requesting use of welfare projects without deposit rates: Bank will waive loan interest adjustment fees in the following cases; (3.1) Last year of special floating loan interest rate or floating loan interest rate loans (3 rd, 5 th, 7 th or 10 th year) for general customers (3.2) The purpose of loan is not for debt payment or to purchase home appliances (3.3) Collateral is not raw land (3.4) Loan interest rates adjusted as follows; -Collateral: singledetached houses, twin houses, townhouses and condominium, loan interest rate should be adjusted to Interest rate for existing customers who request to adjust interest rates (Bank loan interest rate announcement for welfare projects without deposits). - If commercial buildings used as collateral: loan interest rate can only be adjusted only one time (must have right to use welfare project loans without deposits): interest rate adjusted to Loan interest rates for commercial buildings using

9 welfare project loans without deposit 11 Fee for letters of guarantee and avals (Effective August 25, 2010) 11.1 Fees for avals 11.2 Fees to issue letter of guarantee If letter of guarantee fee is not paid promptly - If payment delay does not exceed 15 days. - If the delay is more than 15 days, penalty will be Bank s default rate (loan interest rate announcement) 12 Loan application fees 12.1 New and additional loans - Loan amounts not exceeding Bt500,000 - Loan amounts exceeding Bt500, Loans for purchasing auction assets Entrepreneurs buying Bank assets at auction for renovation and sale to retail buyers. 2.5 per cent per annum 2 per cent per annum No fee Fee charged: Default interest rate (13.5 per cent) x letter of guarantee fee x no. of days of delayed payment (not exceeding Bt1,000) No fees 0.1 per cent of loan amount 1,500 per account Due date means the specific date in letter of guarantee

10 13 Fees for adjusting loan conditions 13.1 Fees for adjusting loan conditions after approval but prior to closing legal transaction Exceptions: - Changing loan amounts - changing loan periods - changing interest rate types - changing loan objectives - changing collateral - changing of borrowers, joint borrowers or ownership 13.2 Fees for adjusting loan conditions after executing legal transaction - reducing installment payments - adjusting loan amounts - adjusting loan terms - changing loan objectives - changing of collateral 500 per adjustment 2,000 each time 2,000 each time 5,000 each time (Effective July 2, 2008) 14 Fees to extend Legal Execution Department closing date 15 Fees to hold title deed Borrowers completing legal transaction from January 2007 onwards: when loan account closed, must contact Bank within 90 days from loan account closing date. Title deed holding fees charged if borrowers don t contact Bank ,000 per year If period less than one year, Bank charges fee for whole year. 16 Fees to issue cashier cheques 100 per cheque (Effective January 1, 2008) 17 Fees for legal transactions when Bank borrowers buy the assets from other banks if cashier s cheques can be used at Legal Execution Department / Legal Execution Office 5,000 per transaction (Effective July 2, 2008)

11 18 Fees for redemption payment notice 300 per notice Bank charges fees to borrowers requesting reorganization 19 Fees to collect loan amounts due from defaulted customers 1,000 per person

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