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SCB Costing Guide 1 & 20 - Standard Chartered Bank

SCB Costing Guide 1 & 20 - Standard Chartered Bank

SCB Costing Guide 1 & 20 - Standard Chartered Bank

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Export Bills Sent for CollectionExport bills sent for collectionA commission of 0.125% of the bill value,subject to a minimum of AED 150Acceptance processed under collection AED 100 flat fee for each collectionAmendments to collection instructionsAED 100 plus costGeneralSettlement of proceeds of exportsbills, whole or in partDiscrepancy feeA commission of 0.25% of bill valuein lieu of exchange where proceeds ofexport bills are settled, in whole or in partin the same foreign currency as therelative documentsUSD 60 for each discrepant documentpresented under a creditPostal charges AED 25Telex within UAE AED 50Telex outside UAE USD 25Packing credits(pre shipment finance)Assignments processed under an L/CBills transferred to past due /returned unpaidAED 500 plus interest as applicableAED 350 flat feeAED 100 flat feeBills released free of payment AED 250Unpaid documents for more thanone month - sight documentsUnpaid documents for more thanone month after maturity - usancedocumentsAED 100 flat feeAED 100 flat feeCourier charges AED <strong>20</strong>0Correspondent bank chargesUSD 15 or equivalent in any other currency

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