SBS - Schedule of charges

Transcription

1 Account charges Minimum balance required Fall below fee on breach of minimum balance Debit card issuance Debit card replacement Cheque book issuance Customized cheque book Fixed deposit (premature closure) in addition to the applicable penalty Under formation letter Managers Cheque Issuance Cancellation Stop payment Per cheque page Per cheque book Standing Order Set up / amendment Penalty for insufficient funds Business Credit Card Annual Fee Purchase Interest Cash advance fee Supplimentary Card(s) Over limit fee Late payment fee Card replacement fee Duplicate ststement less than 3 months old Duplicate statement less than 3 months old Returned Cheque Charge Outstation Cheque Processing Charge Copy of Sales Voucher (up to max of 30 days) AED 20,000/- (Free of charge for the customers having a business loan with FGB) Free of Charge AED 100 Free for the first time then AED 1 per cheque leaf for additional request As per actual cost AED 500 AED 30/- AED 500/- AED 75/- Free of charge if applied with the loan, if applied standalone (free for the first year) AED 500 from second year onwards 1.99% per month 3% of cash advance or AED 50 whichever is higher 6 free, additional AED 50 per card AED 159 AED 159 AED 100 (free once a year) AED 25 AED 50 AED 100 AED 50 AED 25 Key Person Protection Scheme (for every AED 100) Dispute Verification Charge (transaction proven valid by the merchant) Processing fee for transaction outside UAE Loan Charges Loan Processing Fee Rate of Interest Liability Certificate Early settlement of Loan * Late Payment Fees Loan Re-scheduling fee * AED 0.89 AED % Minimum 2% of the loan amount Starting from 21% AED 500 5% of the O/S AED 400

2 REMITTANCES Outward remittance Local currency (LCY) Transfer from other bank LCY Transfer from other bank FCY Foreign current (FCY) Enquiries {Refer ( c ) } Cancellation / amendments Inward remittance Account within FGB Enquiries {Refer } return (deductible from remitter) Others SWIFT remittance message copy Internal account to account transfer Inward cheque between (cash / transfer / clearing) Cheque processing fees Cheque copy Outward clearing return Post dated cheques (PDC) Lodgment(per cheque) Withdrawal (per cheque) Outstanding PDCs report Cheque certification Cheque sent under collection Additional fee for purchasing per cheque Cheque return fee ICCS CLEARING AND POST DATED CHEQUES Clearing IMPORTS AED 80/- Free NIL NIL AED 20/- AED 25/- OUTWARD CLEAN CHEQUE COLLECTION / PURCHASING 0.125% flat on the cheque value (min ) AED 150/- Letter of Credit (LC) - Issuance LC issuance commission for Normal irrevocable LCs 0.125% pm (Min of 3 months) or AED 500/- whichever is Up to AED /- or equivalent higher % pm (Min of 3 months) or AED 500/- whichever More than AED /- or equivalent is higher LC issuance commission for Standby LCs 0.167% pm (Min of 3 months) or AED 2500/- whichever On the full LC value is higher LC issuance commission for other types of LCs (Revolving, As per arrangement with the customer Letter of Credit - amendments Commission for increase in value As calculated for issuance of LCs Commission for extension for the expiry date As calculated for issuance of LCs Other amendment fee AED 350 /- Letter of credit - cancelation fee of unexpired LCs Note - LC commission is calculated for the number of months between the issue date and the expiry date of the LC, rounded off to the next higher month

3 Swift charges relating to LCs Pre-advice Issuance Amendments Courier charges related to LCs Local Foreign Import Bills under LCs Bill processing fee for sign and usance bills AED 125/- Acceptance commission (for each bill drawn under a usance lace) 0.125% pm on the bill value for the full usance period (Min ) without consideration to the due date of the bill falling within LC expiry or after Discrepancy fee Reimbursement fee Commission on the bills presented under expired LCs Commission on the bills presented which exceeds the LC Fee for issuance of manager's cheque for agents Fee for safe keeping of documents (after 1 month from USD 150/- or equivalent per set of discrepant bill (levied as specified in LC terms) USD 150 /- or equivalent per bill 0.125% pm on the bill value (Min AED 500/-) 0.125% pm on the bill value (Min AED 500/-) AED 125/- per cheque per document per month Import bill sunder collection (Documentary / clean) Processing fee per bill Handling commission 0.125% flat on the bill value (Min ) Avalisation commission Financing fee ( validation finance) Reimbursement fee Processing fees for amendement of instructions from remitting bank Commission on bills to be delivered free of payment Commission on dishonored bills that are returned to the remitting bank Commission on transfer of bill to a third bank Fee for safe keeping of bills 0.167% pm (Min 3 months or AED 1000/- whichever is higher) for the full usance period of the bill AED 400/- per bill USD 100/- per amendment for each bill 0.125% flat on the bill value (Min ) 0.125% flat on the bill value (Min ) 0.125% flat on the bill value (Min ) AED 150/- pm for each bill DP bills - after 1 month from the date of presentation DA Bills - after 1 month from due date Other charges relating to Import bills under collection Pre / part settlement fee for each settlement Shipping guarantee and delivery orders Commission on issuance under LC or collection 0.125% on the invoice value (min ) 0.25% on the invoice value (Min AED 500/-) (levied after Commission on the outstanding item beyond one month 30 days from the date of issuance and every 30 days thereafter) Processing fee for payment of legalization fee on special AED 150/- per request request

4 Import financing - Trust receipt TR loan TR processing fee for bills under an LC or on collection TR processing fee for bills under Open account basis TR extension fee TR pre / part settlement fees SWIFT charges relating to imports other than LCs Any outward message Courier charges relating to imports other than LCs Local Foreign per bill 0.125% on the bill value or min per bill AED 500/- per bill per loan for each message AED 125/- EXPORTS Exports LC Advising Advising any attachments under LC Exports LC amendment advising Exports LC - adding confirmation Risk based pricing Exports LC - Transferring full or part LC AED 350/- AED 300/- Min AED 1000/ % flat on the full value of the LC (Min AED 500/-) Exports LC amendment to transferred LC Exports LC - Assignment of proceeds Commission Other charges relating to exports LC advising Reimbursement claim Advising of LC / LC amendment to another bank (by swift or post) Export bill under LCs and on Collection Processing Fee for checking documents under LC Commission for handling a bill Commission for discounting a bill Part settlement of collection bill Commission for receiving any amendments Charges for tracers / reminders sent on unpaid bills (upon specific customer requests only) Commission on bills released free of payment 0.25% flat on the full value of the LC (Min AED 1000/-) 0.125% flat on the increased value of the LC (Min AED 500/-) 0.25% flat on the increased value of the LC (Min AED 500/-) flat (Min AED 500/-) Local - AED 125/- Foreign 0.125% flat (Min AED 500/-) AED 400/- per bill per bill 0.125% flat (Min AED 500/-)

5 Other charges relating to Exports bills under LCs and on collection Local - AED 125 /- Dispatch of documents Foreign Charges for SWIFT messages per message Invoice Discounting Commission for handling the bill 0.125% on the invoice value (min aid 250/-) Part settlement / pre-settlement per each settlement Outward cheques sent on collection Commission for handling the cheque 0.125% on the cheque value (min ) Fee for purchasing the cheque AED 150/- per cheque Fee in case of return of the cheque per cheque Local bill discounted (cheques) Commission 0.125% on the cheque value (min aid 35/-) GUARANTEES Letters of guarantee (LG) Commission at the time of issuance (charges A) Fixed ended guarantee A) 0.125% pm (min 3 months) or AED 750/- (Whichever is higher) B) Open ended guarantee B) 0.167% pm (min 3 months) or AED 750 /- (whichever is higher) (Commission is calculated on a quarterly basis for the number of quarters between the issue date and the expiry date of the guarantee, rounded off to the next higher quarter) Commission on the amendment to an LG A) for increase in value of the LG A) As calculated for issuance of an LG B) for extension to the LG expiry date B) As calculated for issuance of an LG C) for all other amendments C) Commission on settlement of LG Claims Handling commission on third party LG claims AED 1000/- Commission on advising an LG / and / or any amendment thereof Other charges relating to LG Issuance by SWIFT Amendment by SWIFT Reissuance Reduction in Value

6 OTHER CHARGES SWIFT Charges Local or foreign (per message) Courier charges Local (per document) Foreign (per document) Audit purpose Balance confirmation Account statement Per account Per account - beyond 1 year MT 940 format - per account per month (not applicable to SWIFT MA-CUG / SCORE channels) AED 125/- (Per each months' statement) (per each months statement) AED 150/- * Terms and conditions apply All charges are per transaction processed. Other bank charges, wherever applicable, will be levied in actual as per their claim on us. *Inquiries Charges not applicable in case of error on the part of bank/correspondents. *Charges may vary as per desired frequency of service. These are FGB-UAE charges only. FGB reserves the right to levy additional charges for services provided at our sole discretion. This schedule of service charges may change without prior notice. Rates of interest charged on bills financed and loans are subject to prior arrangement and are applicable from the date of financing until the date of settlement. Wherever exchange rate is applicable, FGB reserves the right to apply the cross currency rates and value date as determined by the bank.