RHB Bank Singapore :: Bank Charges

Trade Finance

	Import LC
	LC Issuance Foreign (Sight / Usance)	1/8% p.m. Minimum 2 months or ¼% or Minimum S$80
	LC Issuance Local (Sight / Usance)	1/8% p.m. Minimum 2 months or ¼% or Minimum S$90
	Pre-Advise of LC (Telex / SWIFT)	S$50 flat
	Amendment of LC
	- Extension of Expiry Date	1/8% p.m. Minimum S$80
	- Increase in value	1/8% p.m. Minimum S$80
	- Others	S$60 flat
	- Withdrawal of application before issuance	No charge
	- Cancellation	S$60 flat
	Inward Documentary Bills
	- Amount Overdrawn	1/8% p.m. on excess portion Minimum S$80
	- Drawing against Expired LC	1/8% p.m. from LC expiry date to payment date Minimum S$80
	- Usance LC Acceptance / Deferred Payment commission	1/8% p.m. or part thereof from expiry date of LC to due date Minimum S$80
	- Discrepancy Fee	S$80 flat or US$60
	Payment Of Local LCs Issued By The Bank
	- Local LC in SGD	1/8% on bill amount Minimum S$90 or equivalent
	- Local LC in Foreign Currency
	- Payment in SGD	1/8% p.m. Minimum S$90
	- Payment in Foreign Currency	1/8% p.m. Minimum S$80 + 1/8% p.m.in-lieu-of exchange Minimum S$50 or USD35

	Inward Collection Bills
	Handling Commission
	Local Collections	1/8% Minimum S$90
	Overseas Collections in Foreign Currency
	- Account Holder	1/8% Minimum S$80
	- Non-Account Holder	1/8% Minimum S$100
	Presentation Fee
	- 1st Presentation	Free
	- 2nd Presentation	S$30
	Documents released free of payment	1/8% Minimum S$80
	Others
	Protest Fees (in addition to collection & legal fees)
	- Account Holder	S$100 flat plus protest fees
	- Non-Account Holder	S$150 flat plus protest fees
	Reminders	S$10
	Tracers / Dishonoured Bills	S$30
	Holding / Maintenance Fees for Unpaid or Returned Items	S$30 p.m. after 2 month’s grace
	Invoice Financing
	Handling Commission	1/8% Minimum S$90

	Shipping Guarantee (SG) / Endorsement of Transport Documents
	Handling Charges
	- Under LC	S$50 flat
	- Under collection	S$80 flat
	Collection not routed to Bank	1/8% Minimum S$80 A further charge ½% every 3 months till SG returned for cancellation
	Unredeemed Shipping Guarantee	¼% Minimum S$80 after 2 months

	Banker's Guarantees
	Issuance	1% p.a. Minimum S$90 for Standard format, S$150 for non-standard format
	Increase in BG Value	1% p.a. Minimum S$90
	Increase in Tenor	1% p.a. Minimum S$90
	Others Amendments	S$50 flat

	Export LC Advising
	Brief LC
	- Account Holder	S$25 flat
	- Non-Account Holder	S$50 flat
	Full LC
	- Account Holder	S$30 flat
	- Non-Account Holder	S$60 flat
	Amendment
	- Account Holder	S$30 flat
	- Non-Account Holder	S$60 flat
	Confirmation of LC (Subject to Arrangement)
	- Account Holder	1/8 p.m. or part thereof. Minimum S$100
	- Non-Account Holder	Market Rate from 1/8% - 5%. (case-to-case). Minimum S$150

	Transfer of LC
	Full Transfer Without Substitution
	- Account Holder	1/8% flat Minimum S$90
	- Non-Account Holder	1/8% flat Minimum S$110
	Full / Partial With Substitution
	- Account Holder	1/8% flat Minimum S$150 Partial Minimum S$150
	- Non-Account Holder	1/8% flat Minimum S$180 Partial Minimum S$180
	Amendment
	- Increase in Amount	1/8% flat Minimum S$100
	- Text Only	S$80 flat
	- Negotiation	1/8% flat
	- Account Holder	Minimum S$90
	- Non-Account Holder	Minimum S$100

	Outward Collection Bills
	Clean Collection / Cheque	1/8% flat Minimum S$20 Max S$100
	Commission-in-lieu	1/8% Minimum S$50 or USD35
	Documentary Collection
	- Account Holder	1/8% flat Minimum S$80
	- Non-Account Holder	Minimum S$100
	Holding / Maintenance Fees for Unpaid / Returned Items	S$50 p.m.
		Sight Bills – after 3 months
		Term Bills – after 3 months from maturity date

	Others
	Dishonour Advice for OBC, EBP & IBC	S$30 per item
	Commission-in-lieu of Exchange	1/8% flat Minimum S$50
	FCTR	Minimum USD35
	Assignment of Proceeds to Third Party	1/8% flat Minimum S$90
	Fax Message (on request)	Free