Fees and Charges > Trade Product and Services

Export Documentary Credit : Letter of Credit Transfer-i (LCT-i)

 
Onshore

Subject

Charges

Rate / Amount

1.   As per collection
Commission / Transfer fee Issuance and Amendment Local:
0.1% of Inward Letter of Credit (ILC) value
Min: RM250.00
Max: RM500.00

Foreign:
0.1% of Inward Letter of Credit (ILC) value
Min: RM250.00
Max: RM500.00

All ILC from any Arab and India continents shall be charged;
Min: RM300.00
Max: RM500.00

2.  Foreign / Local LC
Issuance SWIFT MT720 Malaysia (Local): RM60.00
Outside (Foreign) : RM60.00
Amendment SWIFT MT799 Malaysia (Local): RM50.00
Outside (Foreign) : RM50.00
Other SWIFT   Malaysia (Local): RM25.00
Outside (Foreign) : RM50.00
3.   Letter of Instruction Transfer (BB36) Stamp duty RM10.00
4.   Mailing Charges
Local LC Transfer Postage Actual direct cost incurred
  Courier Actual direct cost incurred
Foreign LC Transfer Courier Actual direct cost incurred
5.   Other Charges  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 / Transfer fee Issuance and Amendment Local:
0.1% of Inward Letter of Credit (ILC) value
Min: USD250.00
Max: USD500.00

Foreign:
0.1% of Inward Letter of Credit (ILC) value
Min: USD250.00
Max: USD500.00

All ILC from any Arab and India continents shall be charged;
Min: USD300.00
Max: USD500.00

2.  Foreign / Local LC
Issuance SWIFT MT720 USD60.00
Amendment SWIFT MT799 USD50.00
Other SWIFT   Malaysia (Local): USD25.00
Outside (Foreign) : USD50.00
3.   Mailing Charges
Local LC Transfer Postage Actual direct cost incurred
  Courier Actual direct cost incurred
Foreign LC Transfer Courier Actual direct cost incurred
Note:
Conversion from RM to USD is based on buying TT counter rate
4.   Other Charges  Fax / Photocopy USD100 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