and Conditions Corporate Banking

Transcription

1 Standard Terms and Conditions Corporate Banking

2 Content 3 I. Account Service Charges 3-4 II. Payment Services 5 III. Electronic Banking Software 5 IV. Internet Banking Companyworld Payment 5 V. Cash desk 5 VI. Credit 6 VII. Deposit 6-7 VIII. International Transactions 7 IX. MasterCard

3 Standard Terms and Conditions for Corporate Banking 3 Standard Terms and Conditions Corporate Banking i. Account Service Charges Establishing an account: Cancellation of an account: Account maintenance monthly fee: 250, Account statement confirmation domestic, post: 10, Account statement confirmation foreign, post: 15, Account statement to be collected personally: 20, Account statement confirmation via Companyworld PAYMENT (CWP): included in CWP monthly fee Account statement confirmation per SWIFT MT940 for SWIFT-file: 50, Duplicate of account statement: 100, Account balance confirmation (for audit purposes): min , II. Payment Services Domestic Payments Incoming CZK payments Incoming CZK payments: 5, Outgoing CZK payments Electronic payment order: 6, Payment order (hard copy): 50, Payment order within the bank: Urgent electronic order with specific value date, eg. same day value: Urgent payment (hard copy) with specific value date, eg. same day value: 200, incl. CNB system costs 300, incl. CNB system costs Confirmation of execution for payments not older than 6 month: 100, Confirmation of execution for payments older than 6 month: 300, Cancellation / Amendment of payment instructions before execution of payment by customer s requests: Cancellation / Amendment of payment instructions after execution of payment by customer s request: Unjustified complaint: 300, 100, 300, Direct debits Passive Establishment of a direct debit authorization: 200, Amendment / Cancellation of a direct debit authorization: 100, Repeated execution of direct debit: Active Direct debits:

4 4 Standard Terms and Conditions for Corporate Banking Standing payment order Establishment / Amendment: 200, Cancellation: Cheques collection Payable in CZK (domestic): 1,0% min. 100, max , Foreign payment and services Incoming payments Incoming CZK and foreign currency payments: up to EUR 50, or equivalent in foreign currency: 0,5% min. 150, max.1.000, Outgoing payments Outgoing CZK and foreign currency payments: Payment in electronic form: Charges: SHA, BEN Charges: OUR Payment in paperbased form: 1,0% min. 300, max.3.000, 1,0% min. 300, max , plus 500, charges of the foreign bank Charges: SHA, BEN 1,5% min. 300, max , Charges: OUR up to EUR 50, or equivalent: Payment within the branch: Conversions between CZK and foreign currencies: 1,5% min. 300, max , plus 500, charges of the foreign bank Other services Confirmation of execution for payments not older than 6 month: 100, Confirmation of execution for payments older than 6 month: 300, Cancellation / Amendment of payment instructions before execution of payment by costumer s request: Cancellation / Amendment of payment instructions after execution of payment by customer s requests, unjustified complaint: 300, min. 300, max. 600, plus 500, charges of the foreign bank Repair charges for non STP payments: CZK 150, ; EUR 5, ; USD 6, Cheques Issuance of a cheque in CZK or other currencies: 1,0 % min. 500, max , Cheque collection for credit after final payment: 1,0 % min , max , plus postage 150, Cheque collection for intermediate credit-cash letter: 1,0 % min , max , plus postage 150, Returned cheque fee: 300,

5 Standard Terms and Conditions for Corporate Banking 5 III. Electronic Banking software Multicash Standard Multicash installation: 8.000, Network Multicash: , Service fee incl. updates / hotline (monthly): 1.000, Gemini Standard Gemini installation: 4.000, Network Gemini: 6.000, Service fee Gemini incl. updates / hotline (monthly): 500, IV. internet banking Companyworld Payment Setup fee: 1.500, Service fee incl. updates / hotline and 2 users (monthly): 400, Additional user monthly fee: 100, V. cash desk Deposits and withdrawals:* Cash deposit third party account: 100, Foreign currency notes exchange fee:* 1,0% min. 100, * please inform us two days in advance if you wish to withdraw more than CZK 500,000 or equivalent in other currencies. VI. Credit Guarantees Guarantee provision: 2,5 % p.a. min , p.q. in advance Issuance fee for standard wording: 2.000, Issuance fee for non standard wording: Amendment fee: 1.000, Commission for claims under a Guarantee: 0,2 % min , Confirmation / protections commitment: Commission for advising a guarantee without any responsibility on our part: 0,1 % min , max , Commission for advising an amendment of a guarantee without any responsibility on our part: 1.250, Loans Interest rates: Administrative fee: 0,5 % one-time

6 6 Standard Terms and Conditions for Corporate Banking VII. Deposit Deposit interest rates: VIII. International Transactions Documentary collections Import / Export (abroad / domestic) Collection commission (payment / acceptance): 0,3 % min , Amendment fee: 750, Delivery of documents free of payment: 750, Release of goods: 0,1 % min. 750, Prompt-note, Complaint: 500, Payment commission Export: 0,5 % min. 300, max , Payment commission Import: 1,0 % min. 500, max , Documentary Letters of Credit Import (abroad / domestic) Pre-advice: 500, Issuance fee: 1.500, Irrevocable fee: up to 6 months: 0,3 % p.q. min , p.q. from the 7 th month: 0,15 % p. M. min.2.000, p.m. Deferred payment commission / Acceptance commission: 0,15 % p. M. min.1.000, p.m. Handling fee: 0,3 % min , Amendment fee: 1.000, Release of goods: 0,1% min , Cancellation fee: 1.000, Payment commission: 1,0 % min. 500, max , The Irrevocability fee will be calculated on the amount of the Letter of Credit for the entire validity and is payable, together with the Issuance fee, upon opening of the Letter of Credit. Documentary Letters of Credit Export (abroad / domestic) Pre-advice: 500, Advising commission: 0,1 % min , max , Confirmation commission: Handling fee: 0,3 % min , Deferred payment commission / Acceptance commission: Supervisory commission: 0,1 % min , Fee for transfer of Letters of Credit: 0,3 % min , Amendment fee: 1.000, Fee for Irrevocable Payment Orders: 0,3 % min , Payment commission: 0,5 % min. 300, max , Documents first pre-checking: Documents second pre-checking: 0,05 % min , max ,

7 Standard Terms and Conditions for Corporate Banking 7 Forfaiting / without recourse transaction Interest rates and terms: Trade Finance Contract structure and terms: Telex, SWIFT-costs as well as postage and courier costs will be charged separately No courtage will be charged. IX. MasterCard Annual fees for a card MasterCard Gold Business Card: 4.000, MasterCard Silver Business Card: 2.500, Fees and tariffs express issue of card within 24 (or 48) hours: 2.000, reissuing of PIN: 200, additional statement of card transactions request: 100, unauthorized claimed transaction: 300, placement of card on stop list: 1.000, card blocking: 0, issue of a replacement card due to loss or theft (with new number): 300, issue of a replacement card due to damage (with the same number and primary validity) - in ČR: 500, issue of a replacement card due to damage (with the same number and primary validity) - abroad: 4.000, immediate change of card limit: 500, change of data on card: 500, Fees for card transaction Place of transaction Cash withdrawal at ATM Cash withdrawal at a bank Purchases Commerzbank AG, Praha + Brno no charge _ no charge in ČR by an other bank CZK ,22% of the amount 25, CZK + 0,22% z částky no charge in ČR by ČSOB, Oberbank, Volksbank, LBBW Bank no charge 25, CZK + 0,22% z částky no charge abroad 2,5% of the amount, min. CZK 80 2,5% of the amount, min. CZK 80 no charge All transactions realized via the payment card will be charged to your CZK-account. In the case of the return of claimed payments in foreign currencies, the bank is not responsible for exchange rates differences. As regards the payment for services not specified herein which are rendered pursuant to the client s instructions or in the presumed interest of the client, and which may, with respect to the given circumstances, be expected to be rendered for payment only, the bank shall proceed in accordance with valid legal regulations, unless agreed otherwise. The bank is authorized to request the client s reimbursement of expenses incurred as a consequence of the bank s activities carried out pursuant to the client s instructions or in the presumed interest of the client (especially as regards long-distance calls & postal/courier fees), as well as expenses associated with the establishment, administration, release and/or realization of a security (especially as regards notary fees, storage fees, & fees for guarding the property serving as a security). Valid as of October 31 st, 2009

8 Your Commerzbank branch: Commerzbank Aktiengesellschaft Prague branch Jugoslávská Praha 2 Telefon: Fax: