International Services

Transcription

1 International Services Effective Date: 01 April 2015 No. Details of Service Fees Fees 1 International transfers via Electronic Fund Transfer (EFT) 0.1% Minimum 5 USD or 30 CNY Maximum 700 USD or 4,300 CNY + Cable charge 15 USD or 95 CNY /transaction 2 Transfer in THB to Thailand 0.25% Minimum 200 THB Maximum 500 THB Charge OUR 1,300 THB /transaction 3 Issuance of cheque or bank draft of overseas correspondent bank 0.1% Minimum 5 USD Maximum 700 USD 4 Incoming Transfers to Deposit Account in BCEL 4.1. Fund Transferred to LAK Deposit Accounts None

2 4.2. Fund Transferred to Foreign Currency Deposit Account % Minimum 2 USD, 60 THB Maximum 250 USD, 7,500 THB/ transaction 5 Incoming Transfers to BCEL and further Transfer to other banks 5.1. Incoming Transfers to BCEL and further Transfer to other banks - 0.1% Minimum 5 USD, 150 THB, 15,000 THB/ transaction 6 Outward Bills 6.1. Buy a traveler's cheque (TC) in USD 2% Minimum 3 USD Maximum 1,200 USD 6.2. Buy a traveler's cheque (TC) in LAK 1% Minimum 1 USD 6.3. Buy a traveler's cheque (TC) in EUR, GBR, 2% CAD, AUD, CHF. Minimum 3 unit of the currency Maximum 1,200 unit of the currency

3 6.4. Money Order, Demand Draft, Post 1% Receipt in USD Minimum 3 USD Maximum 1,200 USD 6.5. Money Order, Demand Draft, Post 1% Receipt in currencies other than USD Minimum 5 unit of the currency Maximum 1,200 unit of the currency 6.6. Clean collection (cheques): fee in advance 20 USD /cheque - Fee after collection 0.1% Minimum 2 USD Maximum 1,000 USD 6.7. Buy Bank Draft 0.2% Minimum 2 USD Maximum 1,200 USD 6.8. Buy cheques of the Japanese embassy 0.3%, Minimum 2 USD + 25 USD (charged by confirming bank overseas) 6.9. Buy cheques from international organisations 0,3% Minimum 2 USD

4 6.10. Buy a traveller's cheque (TC) in JPY in an amount of 10,000 JPY or over 2% + 1,000 JPY 7 Dishonored cheques 20 USD /cheque + fees charged by banks overseas 8 Letter of Credit and demand documents 8.1. Visa of promissory letter for payment of goods via the Bank 20,000 LAK /letter 8.2. Letter of demand with payment on demand or on fixed term 20 USD /letter 8.3. Letter of demand from domestic banks 20 USD 8.4. Release of documentation 10 USD 8.5. Purchase of documents (D / A, D / P) 0.05% Minimum 20 USD Maximum 1,000 USD 8.6. Document that failed to get reimbursed on demand 10 USD 8.7. Extension of a due date 10 USD 8.8. Document for partial payment in many installments 5 USD 8.9. Noting/Protesting/Storing 10 USD /item + associated costs 9 Under value purchase of bill of exchange 9.1. Fee for payment as per document 1.5%, Minimum 50 USD 10 Letter of Credit (Export)

5 10.1. Advising Credits 20 USD Notification of amendment directly to the customer 10 USD Notification of amendment to the customer via other banks 20 USD Additional Confirmation of Credits As per approval, Minimum 50 USD Process transactions as correspondent bank Minimum 50 USD /transaction 11 Transferable Credits Transfer of non-certified letter of credit 0.1% Minimum 20 USD Transfer of certified letter of credit 0.1% Minimum 20 USD 12 Purchase of documents in accordance with letter of credit Based service fees (term of 7 days). For terms exceeding 7 days, fees are charged as per loan interest 0.2%, Minimum 20 USD 13 Additional charge of fees Documents with mistakes or deficiencies 50 USD Approval of payment conditions with BCEL with Lao P.D.R. 0.5% Minimum 20 USD Verification of document and submission of letter of demand 20 USD /transaction 14 Additional service fees Post / Fax, SWIFT, and EMS As per actual costs

6 15 Credits for export (subject to approval of credits) Before export As loan interest After export As loan interest 16 Letter of Credit (Import) Issuance of letter of credit using cash deposit as a collateral 0.1%/ 3 months, Minimum 20 USD Maximum 100 USD Issuance of letter of credit using credit line of BCEL as a collateral 0.1%/ 3 months, Minimum 20 USD, Maximum 100 USD Letter of credit guaranteed by BOL or MOF, or secured by government's loans and grants. 0.1%/ 3 months, Minimum 20 USD, Letter of credit with a fixed account as security or guaranteed by other commercial banks in Lao P.D.R. 0.2%/month, Minimum 20 USD 17 Amendments Base 10 USD Increase the amount Same as new opening Extension of due date Same as new opening 18 Telecommunication charges

7 18.1. Post / EMS As per actual cost Regular post 5 USD Correction of outward transfers 20 USD/time Cancellation of outward transfers 20 USD/time Fee for SWIFT (Letter of Credit, money transfer, amendments) 15 USD Fee for claim of inward money transfer 5 USD Fee for return the money to the bank of origin 10 USD 15 AUD 10 EUR (13 EUR - applicable for BANQUE DE FRANCE) 19 Guarantee for taking goods out of a customs warehouse Initial stage 0.2% / 3 months, Minimum 20 USD Semi-annual fees 1%, Minimum 10 USD Air Bill of Lading 20 USD /page 20 Notification or amendment of letter of guarantee of correspondent banks 200,000 LAK /time

8 21 Fees for gold trading via bank account 35 USD /transaction 22 Buy cheque or bank draft of overseas correspondent banks issued by BCEL 5 USD /page Remark: The Bank reserves the right to change fees without prior notice