Trade Finance
| TRADE FINANCE | ||
|---|---|---|
| 3.1 | Import Documentary Letter of Credit | |
| 3.1.1 | LC Issuance Commission |
For Trading : 0.375% p.q. or min. Rs. 2,000 For Industry : 0.30% p.q. to 0.375% p.q. or min. Rs. 1,500 Plus Communication Charge as per STC |
| 3.1.2 | L/C Amendment Commission | |
| a) For increase in LC value or extension of | a) Charges shall be as per 3.1.1 (plus communication charges as per KBL STC) | |
| b) For decrease in LC value or extension of validity within a quarter | b) Rs. 1,000 (plus communication charges as per KBL STC) | |
| c) Amendment other than a) or b) | c) Rs. 1,000 (plus communication charges as per KBL STC) | |
| 3.1.3 | Revolving L/Cs reinstatement | Charges shall be as per 3.1 (plus communication charges as per KBL STC) |
| 3.1.4 | Acceptance Booking Commission | For Trading and Industries : 0.30% p.q. to 0.375% p.q.or minimum Rs. 2,000 per booking |
| 3.1.5 | Placement charge against LC Confirmation As per Treasury Deal | |
| 3.1.6 |
Discrepancy Fees |
|
| (a) | FCY LC | a) USD (Discrepancy fee USD 60 + Communication Charge USD 25) |
| b) EUR (Discrepancy fee EUR 60 + Communication Charge EUR 25) | ||
| c) GBP (Discrepancy fee GBP 60 + Communication Charge GBP 25) | ||
| d) JPY (Discrepancy fee JPY 8000 + Communication Charge JPY 3000) | ||
| e) CNY (Discrepancy fee CNY 450 + Communication Charge CNY 180) | ||
| f) Other FCY (Discrepancy fee Equivalent USD 60 + Communication Charge Equivalent USD 25) | ||
| (b) | INR LC | INR (Discrepancy fee INR 3,000 + Communication Charge INR 1,000) |
| (c) | Domestic LC | NPR (Discrepancy fee NPR 4,000 + Communication Charge NPR 1,000) |
| 3.1.7 | Document Settlement Fee Rs. 1,000 for each set of document (plus communication charge as per KBL STC) | |
| 3.1.8 | Discrepant Documents held for more than 30 days from document receive date and settlement request received |
Rs. 1,000 for each set of document settlement (additional) |
| 3.1.9 | LC/DAP/DAA Documents returned unpaid/unaccepted |
Rs. 3,000 per document plus communication charges as per KBL STC and actual courier cost |
| 3.1.10 |
LC Overdrawn Commission 0.75% on overdrawn amount or Rs. 2,000 whichever is higher. |
|
| 3.1.11 | LC Cancellation Charge | Rs. 2,500 (plus other Bank's charge and communication charge as er KBL STC and upon receipt of advising Bank's consent) |
| 3.1.12 | Forced conversion of contingent liability | 0.75% |
| 4.1 | Export Documentary Letter of Credit | |
| 4.1.1 | Advising Commission : | |
| - For LC to be negotiated with us : | ||
| a) | LC Advising Commission | Rs 2,000/- plus communication charges as per KBL STC. |
| b) | Amendment Advising Commission | Rs 2,000/- plus communication charges as per KBL STC. |
| - For LC not to be negotiated with us : | ||
| a) | LC Advising Commission | Rs 5,000/- plus communication charges as per KBL STC. |
| b) | Amendment Advising Commission | Rs 3,000/- plus communication charges as per KBL STC. |
| 5. | Confirming Commission (To be confirmed by us) | 0.75% per quarter or minimum Rs. 5,000 (plus communication charges as per KBL STC) |
| 6. | L/C Transferring Charge | Rs. 3,000/- flat (plus communication charges as per KBL STC) |
| 7. | Documentary Purchase | |
| a) | Under LC issued by KBL | a) Upto 3 months 1.5% per month and after 3 months applicable interest rate shall be applied (plus communication charges as per KBL STC) |
| b) | Under LC issued by other BFIs | b) 2% per month for 3 months and after that applicable interest rate shall be applied (plus communication/courier charges as per KBL STC) |
| 8. | Documents sent for collection | |
| a) | Under LC issued by KBL | a) 0.20% of document value or minimum Rs. 3,000 plus communication/courier charges as per KBL |
| b) | Under LC issued by other BFIs | b) 0.30% of document value or minimum Rs. 5,000 plus communication/courier charges as per KBL |
| 9. | Documentary Collection (Not under LC) | |
| 9.1 | Inward Collection | |
| a) | Documents Against Payment (DAP) | a) 0.375% of the document value or minimum Rs. 2,000 (plus courier/communication charges as per KBL STC) |
| b) | Documents Against Acceptance (DAA) | b) 0.30% of the document value or minimum Rs. 5,000 (plus courier/communication charges as per KBL STC) |
| 9.2 | Outward Collection (including CAD) | 0.15% of the document value or minimum Rs. 2,000 (plus courier/communication charges as per KBL STC) |
| 10. | Issuance of Multiple Bi. Bi. Ni. under single settlement request | Rs. 1,000 for each additional Bi. Bi. Ni. issuance |
| 11. | Correspondence made to regulatory bodies for approval at request of applicant | Rs. 1,500 per correspondence |
| 12. | Correspondence made to Beneficiary's Bank at request of applicant | Rs. 1,000 plus communication charge per message |
| 13. | Business Credit Information of Foreign Importers and Exporters/Rating Agencies | Rs. 500 plus communication charge per message |
| 14. | Advising of BCI to third party | Rs. 2,000 |
| 15. | Document return handling charge | Rs. 3,000 per document plus actual courier charge |
| 16. | Payment where charges are on account or applicant (MT 202), (charges OUR) | USD 15 per payment |
| 17. | DAP/DAA Intimation Charge | Rs. 500 |
| GUARANTEES | ||
| Gurantee Type | ||
| 1.1 | Bid Bond | 0.35% - 0.75% p.q. or min. Rs. 1,500 per quarter |
| 1.2 | Performance Bond | 0.375% p.q. or min. Rs. 1,500 per quarter |
| 1.3 | Performance Bond - Supply Credit Guarantee | 0.50% p.q. or min. Rs. 3,000 per quarter |
| 1.4 | Advance Payment Guarantee | 0.65% p.q. or min. Rs. 2,500 per quarter |
| 1.5 | Other Guarantee not covered above | 0.65% p.q. or min. Rs. 2,500 per quarter |
| 1.6 | Issuance of Third Party Guarantee | Additional 0.05% in issuance commission |
| 1.7 | EXIM Code Guarantee | Rs. 3,000 p.q. (Issuance & Renewal) |
| 1.8 | Issuance of Recommendation letter for EXIM code | Rs. 500 |
| 1.9 | Court Guarantee | 0.75% p.q. or min. Rs. 5,000 |
| 1.10 | Guarantee Against Counter Guarantee | |
| 1.11 | Counter Guarantee Issuance | 0.75% p.q or Min USD 100 p.q. plus commission/charge of other Bank and communication charges as per KBL STC |
| 1.12 | Amendments of Counter Guarantee (other than time extension and value increment) | USD 50 or equivalent plus communication charges as per KBL STC |
| 1.13 | Amendment for time extension and value increment | The same rate as fresh issuance |
| 1.14 | Expired Guarantee Holding Charge | Upto 7 days: Nil |
| Above 7 days - 3 months = Rs 1000 | ||
| More than 3 monhts = Rs 1500 | ||
| (To be applied at the end of each quarter-end data.) | ||
| 1.15 | Shipping Indemnity | |
| For Issuance | 0.60% p.q. or Min. Rs. 3,500/- plus commission charge as per KBL STC and other Bank's charges | |
| Amendment not affecting value & validity | Rs. 3,500/- plus commuication charge as per KBL STC and other Bank's charges | |
| Amendment affecting value & validity | The same rate as fresh issuance | |
| 2. | Line of Credit (LOC) | Upto 1 Year |
| 1% - 1.5% p.a. or min. Rs. 10,000 whichever is higher | ||
| 3. | Amendment of terms other than value increase and/or validity extension | Rs. 1,000 per amendment |
| 4. | Amendment for value/validity extension | Same as issuance |
| 5. | Guarantee Claim Handling/Settlement Charges | Rs. 2,000 plus other related charges |
| 6. | Expired Guarantee Holding Charge | Upto 7 days |
| Nil | ||
| Above 7 days | ||
| 0.25% p.q. or Min 2,000 till release/ surrender of guarantee | ||
| 7. | Advising Guarantee to other Banks/Beneficiary | Rs. 3,000 flat |
| 8. | Endorsing Guarantee to other Banks | USD 75 per event |
| 9. | Bank Guarantee Amendments advisig charge to other commercial Banks | Rs. 75 flat |
| 10. | Duplicate Guarantee Re-Issuance Charge | Rs. 1,500 each issuance |