Fees and Charges > Trade Product and Services

Documentary Collections : Inward Bills for Collections-i (IBC-i)

Onshore

Subject	Charges	Rate / Amount
1. As per collection	Commission	0.1% flat on the bill amount with: Min: RM50.00 (Local & Foreign currency) Max: RM500.00 (Local currency) Max: RM100.00 (Foreign currency)
2. For free of payment transaction	Commission	0.1% flat on the bill amount with
Local collection (Local currency)	Commission	Min : RM50.00 Max : RM500.00
Foreign collection (Foreign currency)	Commission	Min: RM50.00 Max: RM100.00
Foreign Collection (FCY)	Charges in lieu of foreign exchange	0.2% flat on the bill amount with: Min: RM50.00 Max: RM750.00 Note: Conversion rate should be based on the issuance rate
3. Payment	SWIFT	Malaysia (Local): RM25.00 Outside (Foreign): RM50.00
4. Bill dishonored after arrival of goods	Holding charges	RM50.00 per month or part thereof if bill remains unpaid for more than 60 days after first maturity date (DA)/ first presentation (DP). Note: Any revised maturity date must be based on the first maturity date.
	Representation commission	RM10.00 will be levied for each representation plus actual direct cost incurred.
	Protest charges	RM200.00 plus legal expenses
	Other charges	RM5.00 on each bill dishonoured after arrival of goods or for each representation after the due date.
5. Redirecting documents	Commission	RM50.00 flat
6. Mailing Charges
Local Collection	Postage	Actual direct cost incurred
	Courier	Actual direct cost incurred
Foreign Collection	Courier	Actual direct cost incurred
7. Others	Fax / Photocopy	RM1.00 for the 1st 5 copies, subsequent pages, RM0.10 per copy up to max 100 copies
Other direct cost	Out of pocket expenses	Actual direct cost incurred

Offshore

Subject	Charges	Rate / Amount
1. As per collection	Commission	0.1% flat on the bill amount with: Min: USD50.00 Max: USD500.00
2. For free of payment transaction	Commission	0.1% flat on the bill amount with Min: USD50.00 Max: USD500.00
	Charges in lieu of foreign exchange	0.2% flat on the bill amount with: Min: USD50.00 Max: USD750.00
3. Bill dishonored after arrival of goods	Holding charges	USD20.00 per month or part thereof if bill remains unpaid for more than 60 days after first maturity date (DA)/ first presentation (DP). Note: Any revised maturity date must be based on the first maturity date.
	Representation commission	USD10.00 will be levied for each representation plus actual direct cost incurred.
	Protest charges	USD200.00 plus legal expenses
	Other charges	USD5.00 on each bill dishonoured after arrival of goods or for each representation after the due date.
4. Redirecting documents	Commission	USD50.00 flat
5. Payment	SWIFT	USD25.00
6. Mailing Charges
Local Collection	Postage	Actual direct cost incurred
	Courier	Actual direct cost incurred
Foreign Collection	Courier	Actual direct cost incurred
7. Others	Fax / Photocopy	USD1.00 for the 1st 5 copies, subsequent pages, USD0.10 per copy up to max 100 copies
Other direct cost	Out of pocket expenses	Actual direct cost incurred