Trade Bills

Trade Bills

No. Type of Charges Amount
1 Import Bills  
  • Issuance of Letter of Credit (LC)
  • 0.106% per month (Min. RM79-50)
  • Amendment of LC (Extension of LC validity/increase of amount)
  • 0.106% per month (Min. RM53-00)
  • Other amendments of LC
  • RM53-00 flat
  • LC Discrepancy Fee:
 
  • Foreign
  • RM100-00 equivalent
  • Local
  • RM50-00
2 Transfer of LC  
  • Full or partial transfer
  • 0.106% flat (Min. RM106-00)
  • Amendment of Transferred LC
  • RM106-00 flat
3 Shipping Guarantee  
  • Under Bank's LC
  • 0.159% flat (Min. RM53-00)
  • Under Collection Bills
  • 0.212% flat (Min. RM53-00)
4 Inward Bills for Collection  
  • In Foreign Currency
  • 0.106% flat (Min. RM53-00, Max. RM106-00)
  • In Ringgit Malaysia
  • 0.106% flat (Min. RM53-00, Max. RM530-00)
  • Dishonored bill after the arrival of the goods or for each representation after due date
  • RM5-30 for each bill
  • Protest charges
  • Actual cost
5 Banker's Guarantee       
  • Tender Guarantee
  • 1.272% - 1.59% p.a (Min. RM106-00)
  • Performance Guarantee
  • 1.59% - 2.12% p.a (Min. RM106-00)
  • Financial Guarantee
 
  • Government
  • 1.855% - 2.12% p.a (Min. RM106-00)
  • Non-Government
  • 2.12% -2.385% p.a (Min. RM106-00)
  • Guarantee for employment of domestic servants & foreign servants
  • RM53-00 flat per guarantee of RM1,000-00 (Min. RM106-00)
  • Handling fee for non-standard format
  • 0.053% flat (Min. RM21-20,Max. RM530-00)
  • Amendment of Banker's Guarantee
  • Min. RM106-00
6 Export Bills  
  • Local Inward LC (Advising Commission)
  • RM53-00
  • Foreign Inward LC (Advising Commission)
  • RM50-00
7 Domestic and Foreign Bills Sent for Collection  
  • Domestic Bills Sent for Collection:
  • 0.106% flat (Min. RM53-00,Max. RM106-00)
  • Foreign Bills Sent for Collection:
  • 0.10% flat (Min. RM50-00,Max. RM100-00)
8 Domestic Bills of Exchanged Purchased (BEP)/
AP & Domestic BEP/Documentary
  • 0.106% flat (Min. RM53-00, Max. RM530-00)
9 Foreign BEP/AP & Foreign BEP/Documentary  
  • In Foreign Currency
  • 0.10% flat (Min. RM50-00, Max. RM100-00)
  • In Ringgit Malaysia
  • 0.10% flat (Min. RM50-00, Max. RM500-00)
10 Inland Trade Bills Discounted
  • 0.106% flat (Min. RM21-20, Max. RM530-00)
11 Foreign Trade Bills Discounted  
  • In Foreign Currency
  • 0.10% flat (Min. RM20-00, Max. RM100-00)
  • In Ringgit Malaysia
  • 0.10% flat (Min. RM20-00, Max. RM500-00)
12 Outward Bills for Collection Clean
  • 0.106% flat (Min. RM31-80, Max. RM106-00)
13 Charges in lieu of foreign exchange on inward bills
(e.g. debiting/crediting to Foreign Currency Account)
  • 0.106% flat (Min. RM10-60, Max. RM53-00)
14 Checking fee for examination of documents under Domestic Bill of Exchange Purchased/AP (DBEP/AP) and Foreign Bill of Exchange Purchased/AP (FBEP/AP)         DBEP/AP
  • RM53-00
     
        FBEP/AP
  • RM50-00