Letter of Credit (LC) Related Service Charges (effective from 15th Ashwin 2080)
S.N. | Particulars | Proposed for Revision | |
Documentary Credits (Import) | |||
1 | LC Opening Charges/Booking Commission | Commission | 0.25% p.q. |
Minimum Charge | Rs. 2000.00 | ||
2 | LC Ammendment Charges | Commission | 1. Amendment in Value and Time: 0.25% p.q. |
Minimum Charge | 1. Rs. 2000.00 | ||
2.Ammendment in LC not affecting value and & expiry : Rs.2000.00 Flat per ammendment | |||
3 | Revolving LC/s Reinstatement | Commission | 0.25% p.q. of reinstatement value |
Minimum Charge | Rs.2000.00 per re-instatement | ||
4 | L/C Cancellation | Rs.2000.00 (Flat) | |
5 | Document Handling Charge(For Each Set of Document and BIBINI Issue) | Rs.1500.00 per document(original document) | |
Rs.2000.00 per document (copy document) | |||
6 | Discrepancy Charge | FCY | USD 70.00 or equivalent to USD 70.00 for other FCY |
INR | INR 2500.00 | ||
NPR | NPR. 3000.00 | ||
7 | Usance Commission/Acceptance Booking Commission | Commission | 0.25% p.q. |
Minimum Charge | Rs2,000.00 | ||
8 | LC Documents Returned/Unpaid/Unaccepted | Rs. 2500.00 Plus Courier Charge | |
9 | BCI (Business Credibility Information) | Actual Cost + Rs.1500.00 | |
10 | L/C Overdrawn Commission | Rs. 2000.00 (Flat) | |
11 | LC Settlement Charge by booking Force Loan/BLC | Rs.3000.00 plus regular charges | |
12 | SWIFT Charge | a. Opening:Rs.2000.00 (Flat) | |
b. Ammendment:Rs.1500.00 (Flat) | |||
c. Local LC -Ammendment:Rs.500.00 (Flat) | |||
d. Settlement:Rs.1500.00 (Flat) | |||
e. Acceptance:Rs.1000.00 | |||
13 | Re-issuance charge for NRB cheque under LC | Rs.500.00 | |
14 | Re-imbursement Authorization/ Re-imbursement Claim on behalf of other banks | Minimum Charge | NPR- NPR.2000.00 |
INR-INR 2000.00 | |||
USD and FCY-USD 50.00 and equivalent convertible currency | |||
Documentary Credits (Export) | |||
1 | For Advising Original LC | a. Own Customers-Rs.2000.00 per LC | |
b. Other Customers-Rs.3000.00 per LC | |||
2 | For Advising Ammendment | a. Own customers-Rs.2000.00 per amendment | |
b. Other customers-Rs.3000.00 per amendment | |||
3 | Confirming a LC | Commission | 0.25% p.q. |
Minimum Charge | Rs.2000.00 | ||
4 | L/C Transferring Charge | Commission | a. Own customers-0.10% p.q. |
b. Other customers-0.20% p.q. | |||
Minimum Charge | a. Own customers-Rs.1500.00 | ||
b. Other customers- Rs.2000.00 | |||
5 | Negotiation Commission | Commission | BR+3% from the date of purchase till the date of payment |
Minimum Charge | |||
6 | Documents sent for Collection | Commission | 0.15% p.q. |
Minimum Charge | Rs2,000.00 | ||
7 | Overdue Export Bills(Sight/Usance) | 2% additional interest on overdue period | |
8 | Export LC Cancellation | Rs.2000.00 | |
DAA/DAP/DOCUMENTARY BILLS COLLECTION OR CAD (CASH AGAINST DOCUMENTS) | |||
1 | DAP/DAA/CAD Intimation Charge | INR/NPR | Rs.1000.00 (Flat) |
FCY | |||
2 | Settlement DAA/DAP/ DOCUMENTARY BILLS COLLECTION OR CAD PAYMENT | Commission | 0.25% p.q. |
Minimum Charge | DAA and DAP:Rs.2000.00 | ||
3 | DAP/DAA/CAD Doc Return Charge | Rs.2000.00+Courier | |
4 | Outward Collection Bills | Commission | 0.15% p.q. |
Minimum Charge | within Nepal-Rs.1000.00 | ||
FCY/INR-Rs.2000.00 | |||
5 | Duplicate CAD Certificate | RS.1500.00 | |
MISCELLANEOUS | |||
1 | Any Letter on Request of Applicant to Customs/NRB/Beneficiary Bank/ or Government Agency in Nepal | Rs.1500 flat | |
2 | SWIFT Charge | Rs.1500 flat | |
3 | Communication Charge For Follow Up Against Documents (LC/DAP/DAA/EXPORT/BILLS COLLECTION) | RS.1000.00/follow up |