fees & charges for foreign currency business · fees & charges for foreign currency...

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MAYBANK CHINA BRANCH

FEES & CHARGES FOR FOREIGN CURRENCY BUSINESS Products/Services Fees & Charges Pricing Reference Customer Type

A) IMPORTS

1. Issuance of Documentary L/C

0.25% on 1

st USD50,000.00

0.125% on balance in excess of USD 50,000.00 Minimum USD50.00 Cable charge – USD60.00

Based on adjusted market price

Corporation

2. Issuance of Revolving L/C

As A) 1 above (When face value is fully negotiated, commission on subsequent drawings on reinstated amount is 0.125% flat, Minimum USD50.00) Cable charge – USD60.00


Corporation

3. Transferable L/C

i) A simple straight forward transfer without any alteration to the terms and conditions

ii) Partial transfer or transfer which require

substitution of documents

USD50.00 flat (Transfer within China) USD70.00 flat (Transfer outside China) 0.25% on partial transfer amount, Minimum USD50.00 Cable charge – USD60.00


Corporation

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iii) Transferable L/C Amendment • For amendment on general terms and conditions

• For amendment of amount increase

• For extension of validity

USD50.00 flat per amendment USD50.00 flat (Transfer within China) USD70.00 flat (Transfer outside China) USD50.00 flat (Transfer within China) USD70.00 flat (Transfer outside China) Cable charge – USD20.00


Corporation

4. Documentary LC Amendment

i) For amendment on general terms and conditions or extension of validity

ii) For amendment of amount increase

USD35.00 flat per amendment Commission same as Issuance of Documentary L/C Cable charge – USD20.00


Corporation

5. Standby Letter of Credit/Bank Guarantee

i) Issuance

ii) For amendment on general terms and conditions or extension of validity

iii) For amendment of amount increase

0.125% per month or part thereof (inclusive of claim period), Minimum USD50.00 US35.00 flat per amendment Commission same as Issuance of Standby LC/BG Cable charge – USD60.00 (if by SWIFT) for issuance Cable charge – USD20.00 (if by SWIFT) for amendment


Corporation

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6. Shipping Guarantee/Airway Bill endorsement

In event that the Shipping Guarantee is not returned for cancellation within 3 months from date of issue.

USD30.00 flat per item Additional 0.50% for every 3 month, Minimum USD35.00


Corporation

7. Inward Bills Under L/C

i) Documents handling ii) Amount overdrawn

iii) Usance bill drawn under L/C iv) Discrepancy fee for documents

presented

0.125% , Minimum USD30.00 0.25% of the overdrawn amount, Minimum USD30.00 0.0625% per month, Minimum USD30.00 USD50.00 flat


Corporation

8. Inward Bills for Collection (Documentary)

i) Documents handling ii) Presentation

• 1st presentation

• Subsequent presentation

iii) Documents delivered free of payment iv) Protest v) Dishonored bills vi) Overdue bills

0.125%, Minimum USD25.00 Free USD25.00 flat for each presentation USD25.00 flat USD35.00 flat plus cost 0.125% flat, Minimum USD35.00 USD30.00 per month


Corporation

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9. Inward for Collection (Clean)

0.125%, Minimum USD25.00


Corporation

10. Issuance of Bank of Payment (BPO)

0.25% on 1st USD50,000.00 0.125% on balance in excess of USD 50,000.00 Minimum USD50.00


Corporation

11. BPO amendment

i) For amendment of amount increase

ii) For amendment on general terms and

conditions or extension of validity

Commission same as Issuance of BPO USD35.00 flat


Corporation

12. Usance commission under BPO

0.0625% per month, Minimum USD30.00


Corporation

13. BPO amount overdrawn

0.25% of the overdrawn amount, Minimum USD30.00


Corporation

14. Import Invoice Financing

Documents handling



Corporation

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B) EXPORTS

1. L/C Advising

i) Advising commission ii) Advising amendment commission

iii) Confirmation commission

USD35.00 flat or RMB200.00 flat USD25.00 flat or RMB150.00 flat 0.125% per month or part thereof, Min USD60.00


Corporation

2. Export Bills Purchased With/Without L/C

i) Negotiation commission ii) Discount commission

0.125%, Minimum USD30.00 PRIME RATE + margin p.a. or MBB’s cost of fund / SIBOR/LIBOR + margin p.a. (Interest is collected for the period between our negotiation and receipt of reimbursement from the issuing bank / importer).


Corporation

3. Outward Bills for Collection (Documentary)

i) Documents handling

ii) Overdue bills

0.125%, Minimum USD25.00 USD30.00 per month


Corporation

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4. Outward Bills for Collection (Clean)

i) Cheque, Draft, Travellers cheque ii) Returned items

0.0625%, Minimum USD10.00 USD10.00 flat per item


Corporation

5. BPO Advising

0.10%, Minimum USD25.00, Maximum USD40.00


Corporation

6. BPO cancellation before expiry date

USD15.00 flat


Corporation

7. BPO negotiation



Corporation

8. Export Invoice Financing

Documents handling



Corporation

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C) REMITTANCE

1. Outward Remittance (TT & Demand Draft)

i) Overseas (through SWIFT system)

ii) Domestic (through SWIFT system)

iii) Cancellation/Report Lost of Demand Draft

0.125%, Minimum USD25.00, Maximum USD125.00 0.125%, Minimum USD25.00, Maximum USD125.00

USD10.00 per item Note: The above charges for Outward Remittance do not contain any charge that may be imposed by overseas correspondent banks.


Corporation Individual

2. Inward Remittance

i) For credit to customer’s account ii) For account of non-customer

iii) Returned at the request of customer

Note : For encashment of inward remittance denominated in foreign currency or local currency for payment to customer / non-customer will subject to prevailing exchange rate, where applicable.

Free 0.125%, Minimum USD25.00, Maximum USD60.00 USD25.00 flat



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D) DEMAND DEPOSITS (CURRENT ACCOUNT)

1. Half-yearly Service Charge

USD20.00 if minimum average balance during the half year is below USD10,000.00 Exemptions for:- i) Maybank branches ii) Bank Negara Malaysia iii) Malaysia Statutory Bodies iv) Bank’s a/cs v) Staff a/cs vi) Personal a/cs of Maybank’s Directors vii) New a/cs opened in June & December for the respective

half-year


Corporation

2. Statement of account

NIL



3. Returned Cheque

USD50.00 flat


Corporation

4. Closing of account within 3 months from date

of opening at customer’s request

USD150.00 Based on adjusted market

price Corporation Individual

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E) GENERAL CHARGES

1. Commission in lieu of Exchange (Drawing

Charge)

0.125%, Minimum USD20.00 (Payable when import / export transactions are paid out in the same currency as the related Bill of Exchange) Note: Up to branch’s absolute discretion respectively.


Corporation

2. Cable Charges (unless otherwise specified)

i)For Remittance T/T: USD25.00 flat regardless of which country ii)For L/C or BPO payment: USD30.00 flat iii)Others: USD25.00 flat



3. Courier Charges

Out-of-pocket charges will be applied.



4. Audit Certification

USD20.00 flat


Corporation

5. Credit enquiry received from:-

Customer

Other banks

Credit card companies (excluding Maybank credit card center)

Correspondent banks

USD50.00 flat USD50.00 flat USD50.00 flat USD50.00 flat


Corporation

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6. Letter of Reference requested by Customers:-

In respect of Banker’s opinion on the financial capability of the customer to support his child’s education overseas

As reference for customer’s application for a travel visa

USD100.00 flat USD100.00 flat


Individual

Note:

a) The listed service fees and charges are effective from Jun 2015. b) Fees & charges are subject to change at the discretion of the bank as per market price or as required by the laws and regulations and/or directives of the governing authorities. c) For newly added & increased fees & charges, the bank will implement from 17 Sep 2015. d) Hotline for fees and charges complaint handling: 86-21-60287688-8208.

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FEES & CHARGES FOR CREDIT RELATED BUSINESS Products/Services Fees & Charges Pricing Reference Customer Type

1. Facility Fee/ Arrangement Fee / Upfront Fee

(1) <2.0% on facility amount

(2) <1.0% on facility amount


(1) Large & Medium Enterprise

(2) Small Enterprise

2. Processing Fee

(For mortgage loans )

<1.5% on facility amount


Applicable to Foreign Individual

3. Commitment Fee

0.1%-1.0% p.a. on unutilized balance payable on quarterly basis


Applicable to Large & Medium Enterprise only

4. Prepayment Fee

<0.25% on the amount prepaid


Applicable to all Enterprise

5. Syndication Loan Fees

Case-to-case based on fees proposed by arrangers In accordance to the fee structures proposed by arrangers

Case-to-case

Note:

a) The listed service fees and charges are effective from Jun 2015. b) Fees & charges are subject to change at the discretion of the bank as per market price or as required by the laws and regulations and/or directives of the governing authorities. c) For newly added & increased fees & charges, the bank will implement from 17 Sep 2015. d) Hotline for fees and charges complaint handling: 86-21-60287688-8208. .

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FEES & CHARGES FOR RMB CURRENCY BUSINESS Products/Services Fees & Charges Pricing Reference Customer Type

A) RMB ACCOUNT MANAGEMENT

1. Account Opening - Corporation Free of charge (FOC) Based on adjusted market price

Corporation

- Individual Free of charge (FOC) Based on adjusted market price

Individual

2. Cash Deposit / Withdrawal Free of charge (FOC) Based on adjusted market price


3. Lost of Receipt / Passbook Commission: RMB20.00 per book Based on adjusted market price

Individual

4. Account Closing Free of charge (FOC) Based on adjusted market price


B) RMB DRAFT / BILLS

1. Issuance of Bank Draft (Outside Shanghai) 0.03% Minimum:RMB7.00 Per Agent Bank ‘s Fee Corporation

2. Issuance of Cashier's Order (Within Shanghai) Collection of Cashier’s Order (Within Shanghai)

0.03% Minimum RMB20.00, Maximum RMB500.00 0.02% Minimum RMB20.00, Maximum RMB500.00

Per Agent Bank ‘s Fee Corporation

C) REMITTANCE (INWARD / OUTWARD)

1. Outward T/T Remittance Commission : RMB0.50 flat

PBOC standard Corporation Individual

0 - RMB10,000.00 (inclusive)

Cable Charge: RMB5.00 flat

RMB10,000.00 - RMB100,000.00 (inclusive) Cable Charge: RMB10.00 flat

RMB100,000.00 - RMB500,000.00 (inclusive) Cable Charge: RMB15.00 flat

RMB500,000.00 - RMB1,000,000.00 (inclusive)

Cable Charge: RMB20.00 flat

Above RMB1,000,000.00 Cable Charge: 0.002%, maximum RMB200.00 flat

2. Urgent Payment Service Additional 30% on top of standard CNAPS charges per transaction

PBOC standard Corporation Individual

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FEES & CHARGES FOR RMB CURRENCY BUSINESS Products/Services Fees & Charges Pricing Reference Customer Type

3. Inward Remittance Free of Charge(FOC) Based on adjusted market price


D) SALE OF DOCUMENTS / VOUCHERS

1. Cheque Book Flat Cost : RMB5.00 per book PBOC standard Corporation

Commission: RMB25.00 per book

2. Payment Voucher Flat Cost : RMB5.50 per book PBOC standard Corporation

Commission: RMB25.00 per book

3. Wages Book Flat Cost: RMB10.00 per book Based on adjusted market price

Corporation

4. Loss of Receipt Commission: 0.1% Minimum RMB5.00 per transaction Based on adjusted market price

Corporation

E) BANKER’S ACCEPTANCE DRAFT (BAD)

1. BAD Collection RMB1.00 flat Based on adjusted market price

Corporation

Note:


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Note:



FEES & CHARGES FOR LOCAL RMB LC Products/Services Fees & Charges Pricing Reference Customer Type

1. Issuance of L/C

0.15% Minimum RMB100.00

PBOC standards

Corporation

2. LC Amendment

i) For amendment on general terms and



RMB100.00 flat per amendment 0.15% Minimum RMB100.00

PBOC standards

Corporation

3. LC Advising


RMB50.00 flat RMB50.00 flat

PBOC standards

Corporation

4. Negotiation commission

0.1%, Minimum RMB100.00

PBOC standards

Corporation

5. Discrepancy fee

RMB300.00 flat


Corporation

6. Postage

RMB20.00 flat


Corporation

7. Payment charge

According to commission & cable charges standards through CNAPS

PBOC standards

Corporation

8. SWIFT charge

RMB150.00 flat


Corporation

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FEES & CHARGES FOR RMB CROSS-BORDER BUSINESS Products / Services Fees & Charges Pricing Reference Customer Type

A) IMPORTS

1. Issuance of Documentary L/C 0.15% Minimum – RMB300.00 Cable charge – RMB170.00


Corporation

2. Issuance of Revolving L/C

As (1a) above (When face value is fully negotiated, commission on subsequent drawings on reinstated amount is 0.125% flat, Minimum RMB300.00) Cable charge – RMB170.00


Corporation

3. Transferable L/C

i) A simple straight forward transfer without any

alteration to the terms and conditions ii) Partial transfer or transfer which

require substitution of documents

iii) Transferable L/C Amendment

• For amendment on general terms and conditions or extension of validity

• For amendment of amount increase

RMB300.00 flat 0.15% on partial transfer amount, Minimum RMB300.00 Cable charge – RMB170.00 RMB200.00 flat per amendment 0.15% on amount increase, Minimum RMB300.00 Cable charge – RMB150.00


Corporation

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4. Documentary L/C Amendment

i) For amendment on general terms and conditions or extension of validity


RMB200.00 flat per amendment Commission same as Issuance of Documentary L/C Cable charge – RMB150.00


Corporation

5. Standby Letter of Credit/Bank Guarantee

i) Issuance

ii) For amendment on general terms and


iii) For amendment of amount increase

0.125% per month or part thereof (inclusive of claim period), Minimum RMB300.00 RMB200.00 flat per amendment Commission same as Issuance of Standby LC/BG Cable charge – RMB170.00 (issuance by SWIFT) Cable charge – RMB150.00 (amendment by SWIFT)


Corporation

6. Shipping Guarantee/Airway Bill endorsement

In event that the Shipping Guarantee is not returned for cancellation within 3 months from date of issue.

RMB200.00 flat per item Additional 0.50% for every 3 month, Minimum RMB200.00


Corporation

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7. Inward Bills Under L/C

i) Documents handling

ii) Amount overdrawn

iii) Usance bill drawn under L/C

iv) Discrepancy fee for documents presented

0.125%, Minimum RMB200.00 0.15% of overdrawn amount, Minimum RMB200.00 0.1% per month, Minimum RMB150.00 RMB300.00 flat


Corporation

8. Inward Bills for Collection (Documentary)

i) Documents handling ii) Overdue bills

0.125%, Minimum RMB150.00 RMB200.00 per month


Corporation

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B) EXPORTS

1. L/C Advising


iii) Confirmation commission

RMB200.00 flat RMB100.00 per amendment 0.125% per month or part thereof, Minimum RMB300.00


Corporation

2. Export Bills Purchased With/Without L/C

i) Negotiation commission

ii) Discount commission

0.125%, Minimum RMB200.00 PRIME RATE + margin p.a. or MBB’s cost of fund / SIBOR /LIBOR+ margin p.a. (Interest is collected for the period between our negotiation and receipt of reimbursement from the issuing bank / importer)


Corporation

3. Outward Bills for Collection (Documentary)

i) Documents handling ii) Overdue bills

0.125%, Minimum RMB150.00 RMB200.00 per month


Corporation

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C) REMITTANCE

1. Outward Remittance i) Through CNAPS 0 - RMB10,000.00 (inclusive) RMB10,000.00 - RMB100,000.00 (inclusive) RMB100,000.00 - RMB500,000.00 (inclusive) RMB500,000.00 - RMB1,000,000.00 (inclusive) Above RMB1,000,000.00 ii) Cable charge (SWIFT)

Commission: RMB0.50 flat Cable Charge: RMB5.00 flat Cable Charge: RMB10.00 flat Cable Charge: RMB15.00 flat Cable Charge: RMB20.00 flat Cable Charge: 0.002%, Maximum RMB200.00 flat RMB150.00

PBOC Standard Based on adjusted market price


Corporation

2. Inward Remittance

i) For credit to customer’s account ii) For account of non-customer

iii) Returned at the request of customer Note: For encashment of inward remittance denominated in foreign currency for payment to customer / non-customer will subject to prevailing exchange rate, where applicable.

Free 0.125%, Minimum RMB150.00, Maximum RMB300.00 RMB150.00 flat


Corporation

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D) GENERAL CHARGES

1. SWIFT Charges (unless otherwise specified)

RMB150.00


Corporation

2. Courier Charges

Out-of-pocket charges will be applied. Based on adjusted

market price Corporation

Note:
