INTERNATIONAL BANKING DEPARTMENT

SCHEDULE OF SERVICE CHARGES

1. SERVICE CHARGES FOR L/C NEGOTIATION:

A. CHARGED TO THE BENEFICIARY OR APPLICANT AS PER THE TERMS OF THE L/C :

ADVISING FEE : USD 125.00
CONFIRMATION FEE 	: USD 0.20% PER QUARTER, MINIMUM USD 100.00
AMENDMENT FEE : USD 85.00
NEGOTIATION FEE : USD 0.125%, MINIMUM USD 110.00
REIMBUSEMENT FROM ANOTHER BANK : USD 150.00
FROM SBI (DEBIT IDA) : USD 75.00
POSTAGE : USD 60.00
WIRE TRANSFER FEE : USD 30.00 FLAT
PAYMENT BY CHECK : USD 10.00 FLAT
ACCEPTANCE FEE (IF ANY) : BY AGREEMENT
DISCREPANCY : USD 75.00 FLAT
CABLE/TELEX CHARGES : MINIMUIM USD 25.00 PER TELEX/CABLE OR ACTUAL CHARGES
DISCOUNT FEE : BY AGREEMENT


B. CHARGES ALWAYS TO THE BENEFICIARY :


WIRE TRANSFER (WHEREVER APPLICABLE) : USD 30.00 FLAT
DISCREPANCY CHARGES : USD 75.00 FLAT
CABLE/TELEX CHARGES(IF ANY ) : MINIMUM USD 25.00 PER TELEX/CABLE OR ACTUAL CHARGES
COURIER FEE (IF ANY) : USD 25.00 (DOMESTIC) / USD 60.00 (INTERNATIONAL)
PAYMENT BY CHECK : USD 10.00 FLAT


2. IMPORT LETTERS OF CREDIT (L/C) :


L/C OPENING FEE : USD 0.25 % OF THE L/C VALUE PER QUARTER. MINIMUM USD. 150.00
LC AMENDMENT FEE : USD 75.00 PLUS CABLE
DISCREPANCY FEE : USD 75.00 FLAT
P & T CHARGES : USD 60.00 
REIMBURSEMENT FEE : USD 75.00 
CANCELLATION FEE FOR UNUTILISED L/C : USD 75.00 


3. BANK RELEASE REALATING TO BILLS UNDER L/C / NON L/C :

RELEASE : USD 30.00
IF WITHOUT AUTHORISATION FROM THE REMITTER (ONLY FOR CREDIT CUSTOMER) : USD 50.00 FLAT


4. EXPORT / IMPORT COLLECTIONS AND BILLS UNDER IMPORT L/C : 


UP TO USD 5,000.00 : USD 75.00 
ABOVE USD 5,000.00 TO 100,000.00 : USD 125.00
ABOVE USD 100,000.00 : USD 200.00 
P & T CHARGES : USD 60.00 OR ACTUAL RATE WHICHEVER IS HIGHER. 


5. BANK GUARANTEE / STAND BY LETTERS OF CREDIT (SLC) :



ISSUANCE FEE : USD 0.25 % OF THE GUARANTEE / SLC VALUE PER QUARTER, MINIMUM USD 150.00
P & T : USD 60.00 (INTERNATIONAL) / USD 25.00 (DOMESTIC)/ ACTUAL IF HIGHER .
SWIFT / CORRESPONDENCE CHARGES : USD 25.00 PER MSG OR AT ACTUALS IF HIGHER THAN USD 25.00. 
AMENDMENT FEES : USD 75.00 PER AMENDMENT PLUS CABLE / TELEX CHARGES 


6. OTHER CHARGES (IF ANY) : 


COURIER CHARGES : USD 25.00 (DOMESTIC) / ACTUALS IF HIGHER.
REMINDER BY SWIFT / EMAIL AT THE REQUEST OF THE LODGER OF THE BILL : USD 50.00

7. ASSIGNMENT OF PROCEEDS : 


USD 500 FLAT