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 Inward Bills for Collection  
  • In Foreign Currency
  • 0.10% flat (Min. RM50.00, Max. RM100.00)
  • In Ringgit Malaysia
  • 0.10% flat (Min. RM50.00, Max. RM500.00)
  • Dishonored bill after the arrival of the goods or for each representation after due date
  • RM5.00 for each bill
  • Protest charges
  • Actual cost
5 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
6 Export Bills  
  • Local  and Foreign Inward LC (Advising Commission)
  • RM50.00
7 Domestic and 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
  • 0.10% flat (Min. RM50.00,Max. RM500.00)
9 Foreign BEP/AP &Foreign BEP/Documentaty  
  • 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
  • 0.10% flat (Min. RM20.00, Max. RM500.00)
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
  • 0.10% flat (Min. RM30.00, Max. RM100.00)
13 Charges in lieu of foreign exchange on inward bills
(e.g. debiting/crediting to Foreign Currency Account)
  • 0.10% flat (Min. RM10.00, Max. RM50.00)
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)
  • RM50.00