SCB Costing Guide 1 & 20 - Standard Chartered Bank

TRADE SERVICESTrade Services: ImportsIrrevocable Documentary CreditsOpening commission, balancesof AED 100,000 or equivalentin other currenciesA commission of 0.125% of the creditvalue per month (a minimum of 0.375% forthree months or AED 250, whichever isgreater)For each additional month or part thereofcommission of 0.125% per month of thecredit value is applicableBalance in excess of AED 100,000or equivalent in other currenciesDeferred Payment CreditsDocumentary credit calling forusance drafts, or stipulatedeferred payment termsBack to Back Documentary CreditsA commission of 0.1875% covering avalidity of three monthsFor each additional month or part thereof,commission of 0.0625% per month of thecredit valueIn addition to the opening commission,where documentary credits call forusance drafts, or stipulate deferredpayment terms and where the maturityfalls beyond the expiry date, 0.20% permonth or part thereof, from the date ofexpiry of the credit to the maturity ofthe draft or date of payment is applicableIn any event, a minimum of AED 150 willbe leviedOpening commission within balances A commission of 0.125% of the creditof AED 100,000 or equivalent value per month (a minimum of 0.375%in other currenciesfor three months or AED 600, whichever isgreater) covering a validity of threemonthsFor each additional month or part thereof,commission of 0.125% per month of thecredit value is applicable