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IBG Fee Schedule
IBG Fee Schedule
STANDARD PRICING (Effective June 1, 2007)
Standby Letters of Credit:
Drafted, But Not Issued
$250
L/C Issuance
2% p.a. min. $300
Amendment (Increase)
2% p.a. min. $300
Amendment (Narrative)
$100 flat
Exam / Payment Fee
1/4% min. $200
Auto-Renewal Fee
2% p.a. min. $300
Discrepancy Fee (A/C Benef)
$100 flat
Confirm Others Standby L/C
By arrangement, min. $300
Transfer Own Standby L/C
1/4% min. $250
Transfer Amendment
$100 flat
Consultation Fee
$200/hr., min. $100
"All fees subject to change without prior notice."
Import Letters of Credit:
Issuance of Import L/C
1/8% min. $125 (per qtr.)
Amendment (Increase)
1/8% min. $125 (per qtr.)
Amendment (Narrative)
$100 flat
Exam / Payment Fee
1/4% min. $125
Acceptance Fee
2% p.a. min $125
Deferred Payment
2% p.a. min. $125
Discount of Time Draft
By arrangement, min. $200
Expired/Unutilized L/C
$100
Shipping Guarantee
1/4% min. $100
"All fees subject to change without prior notice."
Export Letters of Credit:
Pre-advice
$65
Advising
$90
Amendment
$75
Confirmation
By arrangement, min. $150
Examination / Negotiation Fee
1/8% min. $125
Handling Fee / Unexam
$100 flat
Re-exam / Pre-Exam Docs.
$100 flat
Transfer L/C
1/4% min. $250
Transfer L/C Doc. Exam
1/4% min. $250
Assignment of Proceeds
1/4% min. $250
Discrepancy Fee
$75 flat
Acceptance Fee
2% p.a. min. $150
Deferred Payment
2% p.a. min. $150
Discount of Time Draft
By arrangement, min. $200
Reimbursement Fee
$80 flat
Expired/Unutilized L/C
$100
Consultation Fee
$200/hr., min. $100
"All fees subject to change without prior notice."
Collection (Incoming & Outgoing):
D/P
$100
D/A
$120
Amend Instructions
$50
Partial Payment
$60
Maintenance Fee
$50 (per month)
Direct Collection (Outgoing)
$80
Protest Fee
$250 + Legal Fee
Cancellation / Unpaid Item
$50
"All fees subject to change without prior notice."
Other Fees:
Swift or Telex (Long /Short)
$60 / $40
Courier (Domestic/Overseas)
$25 / $50
Fedwire
$35
Fax (Domestic/Overseas)
$10 / $20
"All fees subject to change without prior notice."
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