USD *Note: All GST is collected in respective currency and converted to MYR for the purposes of payment to the Royal Malaysian Customs Department

Transcription

1 . This booklet lists the tariff and charges for transactions and services offered by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan bank, Licence No. 9000C) ( the Bank ). Unless specified otherwise, all figures quoted in this booklet are in United States Dollars ( ), and apply to each transaction undertaken by the Bank. The Bank reserves the right to impose and/ or revise from time to time such fees and charges as the Bank in its discretion sees fit. 0 Definition Act 0, The designated areas ( designated area ) means the islands of Labuan, Langkawi, or Tioman Labuan means the Island of Labuan and its dependent island viz. Rusukan Besar, Rusukan Kechil, Keraman, Burong, Papan and Daat. Langkawi means Langkawi Island and all adjacent islands lying nearer to Langkawi Island than to the mainland. Tioman means the Island of Tioman and the islands of Soyak, Rengis, Tumok, Tulai, Chebeh, Labai, Sepoi and Jahat. TO Act 0, Malaysia excludes the designated areas. Designated area means the islands of Labuan, Langkawi, or Tioman. Act 0, Overseas means wholly outside Malaysia. Currency () **Note: All tariffs and fees inclusive of GST Outward. Transfers between acccounts within the Bank 5.0. Telegraphic Transfers (TT) a. Cable Charges - HSBCnet account Non-HSBCnet account.0 b. Commission 0.065% with minimum of 5 to a maximum of 00 on remittance amount 0.065% with minimum of 7.0 to a maximum of on remittance amount 0.065% with minimum of 5 to a maximum of 00 on remittance amount. Correspondent Bank Investigation/ Cancellation of TT a. for transactions dating back less than months Mininum 6.60 b. for transactions dating back more than months Min 0 Mininum.0 Min 0 page main next Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

2 . TO Inward. Telegraphic Transfers. Correspondent bank investigation a. for transactions dating back less than months.00. Min a. for transactions dating back more than months Min 0 Min.0 Min 0 0 Penalty charge Time Deposits Pre-Mature Upliftment of TMD No interest payable on completed periods. Premature withdrawal is only allowed under exceptional circumstances at the discretion of the Bank and is subject to the availability of funds. Any funding loss incurred by the Bank arising from the premature withdrawals will be borne by the depositors, which will be deducted from the proceeds of the deposits. Account Opening Fees Service Charge based on Minimum Balances a. (Minimum Amount 0,000) 7.0 b. EUR (Minimum Amount EUR 0,000).0 c. GBP (Minimum Amount GBP 5,000) 6.50 d. CHF (Minimum Amount CHF 5,000) 7.0 e. AUD (Minimum Amount AUD 5,000) f. JPY (Minimum Amount JPY million),500.00,70.00, g. SGD (Minimum Amount SGD 5,000) 5.00 h. HKD (Minimum Amount HKD 50,000) * If at any time in a month the outstanding balance of the primary account falls below the minimum amount, the respective monthly service charge will be levied/deducted from the account. page Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

3 . TO Duplicate Statements a. < months per page 5.0 b. > months per page. Audit Confirmation - Automail Audit Confirmation - Manual Copy of payment instruction. Courier charge 5. Postage Min 50 Min Min 5.00 Min 5.0 Min 50 Min 5 6. Fax (local per page) Fax (overseas per page) 5.0. SWIFT per message.0 9. Standing Instructions per annum Undelivered mail per mail 5.0 HSBCnet Charges - Initial set-up fees Monthly service fees page Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

4 . TO Definition Act 0, The designated areas ( designated area ) means the islands of Labuan, Langkawi, or Tioman Labuan means the Island of Labuan and its dependent island viz. Rusukan Besar, Rusukan Kechil, Keraman, Burong, Papan and Daat. Langkawi means Langkawi Island and all adjacent islands lying nearer to Langkawi Island than to the mainland. Tioman means the Island of Tioman and the islands of Soyak, Rengis, Tumok, Tulai, Chebeh, Labai, Sepoi and Jahat. Act 0, Malaysia excludes the designated areas. Designated area means the islands of Labuan, Langkawi, or Tioman. Act 0, Overseas means wholly outside Malaysia. 0 Currency () **Note: All tariffs and fees inclusive of GST Documentary Credit (DC) Irrevocable DC a. Opening commission 0.% per month or part of (min 70) 0.06% per month or part amount (min 7.0) 0.% per month or part amount (min 70) b. Handling fee for same day processing received after noon Min 6.60 c. Marginal deposit handling fee Min 6.60 Back to Back DC a. Opening commission 0.% per month or part of (min 70) 0.06% per month or part amount (min 7.0) 0.% per month or part amount (min 70) b. Handling fee Min 6.60 Revolving DC a. Opening commission 0.% per month or part of (min 70) 0.06% per month or part amount (min 7.0) 0.% per month or part amount (min 70) b. Handling fee Min 6.60 Usance DC a. Opening commission 0.% per month or part of (min 70) 0.06% per month or part amount (min 7.0) 0.% per month or part amount (min 70) b. Opening charge on Usance period 0.% per month or part of month for usance period of the credit 0.06% per month or part of month plus GST of 6% for usance period of the credit 0.% per month or part of month for usance period of the credit page Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

5 . TO Documentary Credit (DC) Standby DC a. Opening commission b. Handling fee for same day processing received after noon 0.% per month or part of (min 70) 0.06% per month or part amount (min 7.0) Min % per month or part amount (min 70) c. Cable cost per DC issued under SWIFT d. Courier charges Min 0 Min.0 Min 0 0 Bank Guarantee a. Issuance 0.% per month or part of (min 70) 0.06% per month or part of (min 7.0) 0.% per month or part of (min 70) Documentary Credit in Progress Amendments to DC a. Charge 0 for st amendment and 60 for subsequent amendment.0 for st amendment and 6.60 for subsequent amendment 0 for st amendment and 60 for subsequent amendment b. Increase in DC value 0.% per month 0.06% per month 0.% per month c. Extension of DC validity 0.% per month 0.06% per month 0.% per month d. Cable cost per DC issued under SWIFT Min 0 Min.0 Min 0 e. Courier charges Amendments to Bank Guarantee a. Charge 60 for every bank guarantee amendment 6.60 for every bank guarantee amendment 60 for every bank guarantee amendment Cancellation of DC a. Cancellation Fee 5.00 b. Communication Charge by cable Min 0 Min.0 Min 0 c. Courier charges Acceptance Commission on Usance Documentary Credits Issued a. Acceptance Commission - foreign b. Acceptance Commission - local page 5 Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

6 . TO Shipping Guarantees/ airway Bill/Bill of Landing Endorsement a. Issuance/Endorsement commission b. Unredeemed Shipping Guarantee/Airway Bill/Bill of Landing Endorsement 0.% of invoice value of the goods. Min % of the invoice value if SG is not released within months from date of issue. Min % of invoice value of the goods. Min 5 0.5% of the invoice value if SG is not released within months from date of issue. Min 5 0.% of invoice value of the goods. Min % of the invoice value if SG is not released within months from date of issue. Min 50 Import Bills Inward Bills for Collection 0 a. Collection Bills commission b. Handling fee imposed on each set of usance bills c. Direct settlement charge (documents released fee of payment 0.%. Min 50 and Max 50 Min %. Min 50 and Max 50 d. Import loans financing charge 0.5% 0.65% 0.5% e. Snag bill handling charge 60 per month 6.60 per month 60 per month f. Protest fee 50 plus legal fee and postage plus legal fee and postage 50 plus legal fee and postage Import Bills Receivables a. Transit Interest Prevailing rate of FCY for customer s prescribed rate for bills Prevailing rate of FCY for customer s prescribed rate for bills Prevailing rate of FCY for customer s prescribed rate for bills b. Payment advice cable cost 0 for account of drawee.0 for account of drawee 0 for account of drawee c. Discrepancy d. Past Due Bills Handling fee 00 per bill. One time fee 06 per bill. One time fee 00 per bill. One time fee Other Settlement Charges a. Rates for retirement of inward bills Selling rate of exchange of the day or forward sales contract Selling rate of exchange of the day or forward sales contract Selling rate of exchange of the day or forward sales contract b. Commission in lieu of exchange 0.% of bill amount.min 50 and maximum of 50 0.% of bill amount.min 5 and maximum of 65 0.% of bill amount.min 50 and maximum of 50 Import Loans Loans against imports a. Financing charge 0.5% for non-dc bills 0.65% for non-dc bills 0.5% for non-dc bills b. Penalty for Early Retirement Penalty interest quoted by Treasury Penalty interest quoted by Treasury Penalty interest quoted by Treasury c. Commission in lieu of Exchange 0.% of loan amount. Min 50 and Max % of loan amount. Min 5 and Max 65 0.% of loan amount. Min 50 and Max 50 page 6 Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

7 . TO Document Credit Advising/Amendments a. Advising commission 5.90 b. Handling fee imposed on each set of usance bills Loans against imports i. with safe custody ii. without safe custody c. Subsequent advising commission (amendment) d. Handling fee e. Pre-advising commission f. Handling fee 5.90 g. Confirmation commission 0.% per month or part of month or as determined by the Bank 0.06% per month or part of month or as determined by the Bank 0.% per month or part of month or as determined by the Bank h. Transfer commission 0.% flat on the face amount of credit. Min % flat on the face amount of credit. Min 65 0.% flat on the face amount of credit. Min 50 Inward Counter Guarantee Advising a. Handling fee page 7 Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

8 . TO Definition Act 0, The designated areas ( designated area ) means the islands of Labuan, Langkawi, or Tioman Labuan means the Island of Labuan and its dependent island viz. Rusukan Besar, Rusukan Kechil, Keraman, Burong, Papan and Daat. Langkawi means Langkawi Island and all adjacent islands lying nearer to Langkawi Island than to the mainland. Tioman means the Island of Tioman and the islands of Soyak, Rengis, Tumok, Tulai, Chebeh, Labai, Sepoi and Jahat. Act 0, Malaysia excludes the designated areas. Designated area means the islands of Labuan, Langkawi, or Tioman. Act 0, Overseas means wholly outside Malaysia. 0 Currency () **Note: All tariffs and fees inclusive of GST Bills Purchase/ Negotiation a. DC Bills Checking fee Min. 50 Min. 5 Min. 50 b. Presentation with discrepances including DC bills sent on Approval & Payment basis 50 per sent of documents 5 per sent of documents 50 per sent of documents Foreign Currency DC & Non-DC Bills Pruchased a. Commission 0.% flat. Min 50 and Max % flat. Min 5 and Max 65 0.% flat. Min 50 and Max 50 b. Urgent Processing Charge 5.00 c. Interest charge At prevailing FCY interest rate At prevailing FCY interest rate At prevailing FCY interest rate d. TT Reimbursement Claim 0 for account of beneficiary.0 for account of beneficiary 0 for account of beneficiary Foreign Currency DC Non Purchased a. Checking Fee Min 50 Min 5 Min 50 b. Commission 0.% flat. Min 50 and Max % flat. Min 5 and Max 65 0.% flat. Min 50 and Max 50 c. Interest charge 5.00 d. TT Reimbursement Claim 0 for account of beneficiary.0 for account of beneficiary 0 for account of beneficiary page Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

9 . TO Others a. Rate of exchange b. Delivery charges c. Other Bank charges Bills for Collection Outward Bills for Collection a. Commission Prevailing rate or contracted rate Based on courier rates All correspondents or agents charges for account of beneficiary 0.% flat. Min 50 and Max 50 Prevailing rate or contracted rate Based on courier rates All correspondents or agents charges for account of beneficiary 0.06% flat. Min 50 and Max 50 Prevailing rate or contracted rate Based on courier rates All correspondents or agents charges for account of beneficiary 0.% flat. Min 50 and Max 50 b. Urgent Processing Charge Max. 50 Max. 5 Max c. Cancellation charge Max. 60 Max. 6 Max. 60 d. Snag Bill Handling Fee 60 per month or part of month 60 per month or part of month 60 per month or part of month Export Loans Red Clause Credit a. Handling Fee Clean Export Loan a. Financing Commission 0.5%. Min %. Min 5 0.5%. Min 50 Export Settlement Charges a. Commission in lieu of exchange 0.% flat. Min 50 and Max % flat. Min 5 and Max 65 0.% flat. Min 50 and Max 50 b. Past Due Bills 60 per bill 6.60 per bill 60 per bill c. Reimbursement Bank page 9 Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05

10 . TO Definition Act 0, The designated areas ( designated area ) means the islands of Labuan, Langkawi, or Tioman Labuan means the Island of Labuan and its dependent island viz. Rusukan Besar, Rusukan Kechil, Keraman, Burong, Papan and Daat. Langkawi means Langkawi Island and all adjacent islands lying nearer to Langkawi Island than to the mainland. Tioman means the Island of Tioman and the islands of Soyak, Rengis, Tumok, Tulai, Chebeh, Labai, Sepoi and Jahat. Act 0, Malaysia excludes the designated areas. Designated area means the islands of Labuan, Langkawi, or Tioman. Act 0, Overseas means wholly outside Malaysia. 0 Currency () **Note: All tariffs and fees inclusive of GST Assignment of DC proceeds 0.% or 50 whichever is higher 0.06% or 50 whichever is higher 0.% or 50 whichever is higher Avalisation a. Commission 0.% per month or part thereof the amount avalised and for the period of existance of the avalised bill. Min % per month or part thereof the amount avalised and for the period of existance of the avalised bill. Min 65 0.% per month or part thereof the amount avalised and for the period of existance of the avalised bill. Min 50 Faxing of Advices - Local per page. per page per page Faxing of Advices - Foreign 5 per page 5.0 per page 5 per page Photostating documents 5 per page 5.0 per page 5 per page Statement/Advice Request 5 per page 5.0 per page 5 per page Past Due Chaser - To Collecting Bank (auto) 5 per chaser 6.50 per chaser 5 per chaser Past Due Chaser - To Collecting Bank (manual) 50 per chaser 5 per chaser 50 per chaser page 0 main back Issued by The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan (Licensed Labuan Bank, Licence No. 9000C Updated: 7 September 05