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International Banking Charges

a. DOCUMENTARY LETTER OF CREDIT-IMPORT (both Foreign Currency & Indian Rupee)
Bill charge 0.15% (Min. Nu. 200) as opening commission
Commitment charge 0.75% on actual number of days up to the validity of the credit (Min. Nu. 200)
Usance charge 1.00% on actual number of days up to the validity of the credit ( Min. Nu. 200)
b. FOREIGN CURRENCY REMITTANCES
Foreign Currency drafts 0.20% plus SWIFT charges if any
Transfer via Swift 0.20% (Min. Nu. 100) plus transmission charges of Nu. 200 for TTs & Nu. 700 for LCs
Inward TT/Swift remittance Free of Charge
Postage charge Actual basis
c. BANK GUARANTEE CHARGES
Bank guarantee charge EMD/Bank Guarantee 2% & 3% performance guarantee (Min. Nu. 500). 1% commission with EMD
Cancellation of bank guarantee Free of charge

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