When issuing a letter of credit with tolerance (permissible variation) in relation to the amount of the letter of credit, a fee is charged from the amount of the letter of credit with a per cent upward tolerance. If the letter of credit is issued for an "approximate" amount, the fee is charged from the amount increased by 10 %.
If a letter of credit is canceled, a paid fee is not refundable.
If a fee is to be paid by the beneficiary under the import letter of credit, by the applicant under the export letter of credit, by the principal under the received bank guarantee and is not paid by the latter at the time of execution/expiry without execution of the letter of credit/bank guarantee, the amount of the calculated fee pursuant to paragraph 4.4 of this Fee Schedule is payable by the customer.
A fee for services can be charged to the correspondent bank in a currency other than the currency in which the transaction is performed, at the cross-rate of the National Bank on the day of the fee charged and is paid by the correspondent bank in the currency of the invoice not later than the day of payment under the letter of credit/guarantee/counter-guarantee/collection or not later than the 10th day from the expiry date of the letter of credit/guarantee.
The current fee’s amount for transactions that use the SWIFT system applies to transactions that use the Telex system and other alternative systems for transmitting financial information.
|
№ |
Transaction name |
Fee amount |
Note |
|
5.2.1. |
Documentary collection: |
|
|
|
5.2.1.1. |
documents and promissory notes: - with issuance against acceptance or payment (checking and sending by export, issuance by import) - execution of a collection order; - with transfer without payment and return of unpaid documents |
0,2 % of the amount, |
|
|
5.2.1.2. |
modification of terms of a collection order or its cancelation |
USD 40 |
|
|
5.2.2. |
Documentary letters of credit |
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|
5.2.2.1. |
Import letters of credit |
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|
|
5.2.2.1.1. |
Issuance of a letter of credit: |
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When a letter of credit is issued with a partial coverage submitted by the applicant at the moment when such letter of credit is issued, the fee for issuing a letter of credit is calculated as follows: for the covered part – in accordance with sub-clause 5.2.2.1.1.1 of this Fee Schedule; for the uncovered part – in accordance with sub-clause 5.2.2.1.1.2 of this Fee Schedule. |
|
5.2.2.1.1.1. |
covered |
0.15 % of the amount, |
|
|
5.2.2.1.1.2. |
uncovered |
2 % p.a. of the amount, |
When an uncovered letter of credit is issued, the fee is calculated from the amount of a letter of credit for actual amount of days from the day when such letter of credit was issued up to its maturity. |
|
5.2.2.1.2. |
Payment under a letter of credit, acceptance and checking of documents: |
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|
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5.2.2.1.2.1. |
the Bank is a nominated bank; after receiving documents from a nominated bank without checking or if discrepancies aren't listed |
0.15 % of the amount, |
|
|
5.2.2.1.2.2. |
if the Bank is not a nominated bank
|
0.02 % of the amount, |
|
|
5.2.2.1.3. |
Acceptance of discrepant documents
|
USD 50 for each document’s package |
|
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5.2.2.1.4. |
Amendments to a letter of credit: |
|
|
|
5.2.2.1.4.1. |
unrelated to prolongation of term and increase in amount
|
USD 50 |
The fee is collected for each amendment of any field in the text of the letter of credit irrespective of the number of amendments to be made to this field. |
|
5.2.2.1.4.2. |
Prolongation of terms: |
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A fee is calculated from the amount of unpaid balance as of the moment when an amendment is made. |
|
5.2.2.1.4.2.1. |
covered |
0.1 % of the amount |
|
|
5.2.2.1.4.2.2. |
uncovered |
2 % p.a. of the amount |
The fee is applied without regard to partial coverage submitted by the applicant during the validity period of the letter of credit |
|
5.2.2.1.4.2.3. |
with a "red clause", unpaid balance for which is equal to zero |
USD 50 |
|
|
5.2.2.1.4.3. |
increase in the amount: |
|
|
|
5.2.2.1.4.3.1. |
covered |
0.1 % of the amount of increase, min. USD 30 |
|
|
5.2.2.1.4.3.2. |
uncovered |
2 % p.a. of the amount of increase, min. USD 50 |
|
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5.2.2.2. |
Export letters of credit |
|
|
|
5.2.2.2.1. |
Pre-advising of the letter of credit; advising of the letter of credit to a Bank customer |
0.1 % of the amount, |
|
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5.2.2.2.2. |
Advising of a letter of credit to a resident/non-resident bank |
0.1 % of the amount, |
|
|
5.2.2.2.3. |
Advising of amendments |
USD 40 |
|
|
5.2.2.2.4. |
Authentication of a letter of credit/amendments to a letter of credit
|
USD 80 |
|
|
5.2.2.2.5. |
Confirmation of the letter of credit by the Bank |
|
|
|
5.2.2.2.5.1. |
covered/against guarantee of international financial organizations |
0.2 % of the amount, |
|
|
5.2.2.2.5.2. |
uncovered |
3.5 % p.a. of the amount, min. USD 125 per month |
|
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5.2.2.2.6. |
Acceptance, checking and sending of documents under letters of credit of other banks, bank institutions (at the customer’s request): |
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|
|
5.2.2.2.6.1. |
not more than 2 banking days |
0.2 % of the amount, |
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5.2.2.2.6.2. |
within 5 banking days |
0.15 % of the amount, |
|
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5.2.2.2.7. |
Acceptance, checking and sending of documents under letters of credit of other banks, institutions of banks where the Bank is a nominated bank
|
0.2 % of the amount, |
|
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5.2.2.2.8. |
Acceptance and sending of documents without checking under the letter of credit of another bank or institution of the bank |
USD 50 for each document’s package |
|
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5.2.2.2.9. |
Issue of a repayment (reimbursement) requirement |
USD 30 |
|
|
5.2.2.2.10. |
Issue of a reimbursement undertaking: |
|
|
|
5.2.2.2.10.1. |
covered/against guarantee of international financial organizations |
0.2 % of the amount, |
|
|
5.2.2.2.10.2. |
uncovered |
3.5 % p.a. of the amount |
|
|
5.2.2.3. |
Cancellation of the letter of credit prior to maturity |
USD 40 |
|
|
5.2.2.4. |
Transfer of a letter of credit |
0.2 % of the amount, |
|
|
5.2.2.5. |
Checking the documents replaced or additionally submitted in order to reconcile discrepancies detected upon primary checking |
USD 35 for each document’s package |
|
|
5.2.2.6. |
Issuance of a standby counter-commitment |
2 % p.a. of the amount |
|
|
5.2.3. |
Bank guarantees and counter-guarantees issued by the Bank by order of correspondent banks |
|
|
|
5.2.3.1. |
Operations on bank guarantees and counter-guarantees issued by the bank on behalf of correspondent banks |
|
|
|
5.2.3.1.1. |
Issuance of a bank guarantee/counter-guarantee: |
|
|
|
5.2.3.1.1.1. |
covered |
0.2 % of the amount, |
|
|
5.2.3.1.1.2. |
uncovered |
3.5 % p.a. of the amount, min. USD 125 per month |
|
|
5.2.3.1.2. |
Amendment of a guarantee/counter-guarantee: |
|
|
|
5.2.3.1.2.1. |
not related to the prolongation of the term and an increase in the amount |
USD 50 |
|
|
5.2.3.1.2.2. |
prolongation of terms: |
|
|
|
5.2.3.1.2.2.1. |
covered |
0.2 % of the amount |
|
|
5.2.3.1.2.2.2. |
uncovered |
3.5 % p.a. of the amount |
|
|
5.2.3.1.2.3. |
increase in the amount: |
|
|
|
5.2.3.1.2.3.1. |
covered |
0.2 % of the amount of increase, min. USD 100 |
|
|
5.2.3.1.2.3.2. |
uncovered |
3.5 % p.a. of the amount of increase |
|
|
5.2.3.1.3. |
Acceptance, checking the payment request and documents under a guarantee/counter-guarantee |
0,2 % of the amount of payment request, |
|
|
5.2.3.1.4. |
Payment under a guarantee /counter-guarantee |
0.2 % of the amount of payment request, |
|
|
5.2.3.1.5. |
Cancellation of a guarantee /counter-guarantee prior to maturity |
USD 50 |
|
|
5.2.4. |
Transactions under received bank guarantees |
|
|
|
5.2.4.1. |
Pre-advising of the guarantee; advising or transfer of a guarantee without obligations of the Bank |
0.15 % of the amount, |
|
|
5.2.4.2. |
Advising of amendment to a guarantee without obligations of the Bank |
USD 50 |
|
|
5.2.4.3. |
Confirmation of the authenticity of the guarantee/amendment to a guarantee issued by another bank |
USD 80 |
|
|
5.2.4.4. |
Acceptance, checking of a payment request and documents under a guarantee issued by another bank (at the customer’s request) |
0.2 % of the amount of payment request, |
|
|
5.2.4.5. |
Sending a request for payment under a guarantee issued by another bank |
USD 100 |
|
|
5.2.5. |
Sending a message to the correspondent bank at the customer’s request (under a letter of credit/guarantee/counter-guarantee/collection) |
USD 20 for each message |
|
|
5.3.3. |
Sending a message under documentary operations using the SWIFT system (other alternative systems for transmitting financial information) on instructions from resident and non-resident banks |
USD 100 (incl. VAT) |
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