1/4% on L/C amount for each validity period of six months
HKD500.00
HKD900.00
B. Amendment(s)
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HKD400.00
HKD500.00
C. Extension of validity
1. If the extension is still within the six-month period which had been charged.
2. If the extension is beyond the six-month period, 1/4% on L/C outstanding amount for each validity period of six months
HKD400.00
HKD500.00
HKD500.00
HKD900.00
D. Increase in L/C amount
On the same basis as for opening of a new L/C
HKD500.00
HKD900.00
II. IMPORT BILLS AND OTHER CHARGES / COMMISSIONS
ITEMS
CHARGES / COMMISSIONS
MINIMUM
A. H.K. Dollar Import Bills under L/C
1/4% on bill amount
HKD350.00
B. Foreign currency bills / collection settled in original currency
Commission in lieu of exchange: 1/4% on bill amount
HKD350.00
C. Acceptance commission for usance import bills under L/C
1/16% on bill amount per month for the validity of acceptance
HKD350.00
D. Drawing commission for revolving L/C
1/8% on bill amount per drawing shall be charged after the original amount of the L/C has been drawn
HKD500.00
E. Import collection
1/8% on bill amount
HKD350.00
F. Shipping guarantee
1. Commission on each guarantee issued 2. In case the original transport documents are not ultimately received through our Bank or not received by our Bank within the first three months, an additional commission shall be charged at 1/4% on invoice value 3. Commission shall be charged for each consecutive two months until our Bank receives the original transport documents
HKD300.00 HKD350.00
HKD300.00
G. Import invoice financing
1/4% on bill amount
HKD450.00
EXPORT SERVICES
I. EXPORT BILLS AND OTHER CHARGES / COMMISSIONS
ITEMS
CHARGES / COMMISSIONS
MINIMUM
A. Advising L/C or amendment(s)
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HKD300.00
B. Confirming L/C
1/8% on L/C amount for each validity period of one month (May vary by country/district)
HKD500.00 (May vary by country/district)
C. Export collection
1/8% on bill amount
HKD350.00
D. Negotiation / purchase / advance under H.K. Dollar Export Bills
1/4% on bill amount
HKD350.00
E. Foreign currency bills paid in original currency
Commission in lieu of exchange: 1/4% on bill amount
HKD350.00
F. Checking documents under L/C
Shall be charged per each set of documents(If documents contain two sets or more transport documents or L/Cs , an addition of HKD150 per each set of transport documents or L/C will be charged.)
HKD300.00
G. Packing loan
1/8% on Packing Loan amount
HKD350.00
H. Pre-shipment Financing
1/8% on Financing amount
HKD350.00
I. Export invoice financing
1/4% on bill amount
HKD450.00
II. TRANSFER OF DOCUMENTARY CREDITS
ITEMS
CHARGES / COMMISSIONS
A. Whole transfer
Commission: HKD500.00
B. Partial transfer
Commission: 1/4% on transfer amount shall be charged with a minimum of HKD800.00
Amendment
Increase of credit amount: 1/4% on transfer amount shall be charged with a minimum of HKD800.00
Other terms and conditions: HKD500.00
OTHER SERVICES
I. OPENING GUARANTEE OR BOND/STANDBY LETTERS OF CREDIT(L/C)
ITEMS
CHARGES/ COMMISIONS
MINIMUM
A. Opening Guarantee or Bond/Standby L/C
1/8% on Guarantee or Bond/Standby L/C amount for each validity period of one month
HKD500.00
B. Amendment(s)
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HKD400.00
C. Extension of validity
1. If the extension is still within the period which had been charged. 2. If the extension is beyond the charged period, 1/8% on Guarantee or Bond/Standby L/C amount for each new validity period of one month.
HKD400.00
HKD500.00
D. Increase in amount
1/8% on increased amount to be charged on the same basis as for opening a new Guarantee or Bond/Standby L/C
HKD500.00
E. Payment
Commission will be charged on the basis as shown in II. A. and B. under Import services
II. FACTORING
ITEMS
CHARGES/ COMMISIONS
MINIMUM
A. Import Factoring
1. 1% of gross turnover
HKD300.00
2. Handling charge USD10 / HKD80 per invoice
B. Export Factoring
1. 0.5% of gross turnover
HKD300.00
2. Plus charges levied by Import Factor
OTHER CHARGES/INTEREST
ITEMS
CHARGES / COMMISSIONS
A. Telecommunication charges
Charges will be levied at current rates
B. Postal charges
Charges based on mailing weight, method and location
C. General bills interest rate
Import / Export Bills and Loans are subject to our current interest rate
D. Stop cheque payment order (Through Corporate Internet Banking)
HKD100 / USD 13 / RMB 80 per instruction
REMARKS:
Calculation of the validity period: For validity period of six months, a period of less than six months is also charged as one validity period. For validity period of one month, a period of less than a full month is also charged as one validity period.
The charges detailed in the schedule are general charges only and are subject to change without prior notice. If customers request other services, additional charges may be levied.
If you have any questions or require special arrangements, please contact our Trade Products Hotline at (852) 3988 2288.
IMPORT SERVICES
