Trade Bills

Trade Bills

No. Type of Charges Amount
1 Import Bills  
  • Issuance of Letter of Credit (LC)
  • 0.10% per month (Min. RM75.00)
  • Amendment of LC (Extension of LC validity/increase of amount)
  • 0.10% per month (Min. RM50.00)
  • Other amendments of LC
  • RM50.00 flat
  • LC Discrepancy Fee:
 
    • Foreign
    • Local
  • RM100.00 equivalent
  • RM50.00
2 Transfer of LC  
  • Full or partial transfer
  • 0.10% flat (Min. RM100.00)
  • Amendment of Transferred LC
  • RM100.00 flat
3 Shipping Guarantee  
  • Under Bank's LC
  • 0.15% flat (Min. RM50.00)
  • Under Collection Bills
  • 0.20% flat (Min. RM50.00)
 
  • Shipping Guarantee returned after 3 months from issuance date
  • 0.5% p.a. (from the 4th month onwards up to the date of return of the Shipping Guarantee)
4 Banker's Guarantee       
  • Tender Guarantee
  • 1.20% - 1.50% p.a (Min. RM100.00)
  • Performance Guarantee
  • 1.50% - 2.00% p.a (Min. RM100.00)
  • Financial Guarantee
 
  • Government
  • 1.75% - 2.00% p.a (Min. RM100.00)
  • Non-Government
  • 2.00% -2.25% p.a (Min. RM100.00)
  • Guarantee for employment of domestic servants & foreign workers
  • RM50.00 flat per guarantee of RM1,000.00 (Min. RM100.00)
  • Handling fee for non-standard format
  • 0.05% flat (Min. RM20.00,Max. RM500.00)
  • Amendment of Banker's Guarantee
  • Min. RM100.00