Fees and Charges > Trade Product and Services

Export Documentary Credit : Inward Letter of Credit-i (ILC-i)

 
Onshore

Subject

Charges

Rate / Amount

1.   Advising commission for pre advise, issuance and amendment Commission Customer:
Malaysia (Local): RM50.00
Outside (Foreign): RM50.00

Non-Customer:
Malaysia (Local): RM100.00
Outside (Foreign): RM100.00

2.  Confirmation Commission 0.125% of the ILC amount per month (Ringgit Malaysia equivalent) or part thereof up to the expiry date or rate as advised by Correspondent Banking whichever is higher with minimum of RM250.00
  Handling charges (for ILC Confirmed) USD50.00 or Ringgit Malaysia equivalent
3.   Other Charges SWIFT Malaysia (Local): RM25.00
Outside (Foreign): RM50.00
  Local (Postage) Actual direct cost incurred
  Local (Courier) Actual direct cost incurred
  Foreign (Courier) Actual direct cost incurred
  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.   Advising commission for pre advise, issuance and amendment Commission Customer:
Malaysia (Local): USD50.00
Outside (Foreign): USD50.00

Non-Customer:
Malaysia (Local): USD100.00
Outside (Foreign): USD100.00

2.  Confirmation Commission 0.125% of the ILC amount per month (Ringgit Malaysia equivalent) or part thereof up to the expiry date or rate as advised by Correspondent Banking whichever is higher with minimum of
USD250.00
  Handling charges (for ILC Confirmed) USD50.00 or equivalent to USD50.00 for other foreign currency
3.   Payment and other charges SWIFT Malaysia (Local): USD25.00
Outside (Foreign): USD50.00
  Local (Postage) Actual direct cost incurred
  Local (Courier) Actual direct cost incurred
Note:
Conversion from RM to USD is based on buying TT counter rate
  Foreign (Courier) Actual direct cost incurred
  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