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Home/ Rates Fees & Charges/ Documentary credit
Documentary credit

Service / Product

By arrangement / Minimum Fees

 

COMMITMENT BY SIGNATURE (L/G's etc..)

Issuance

0.125 % per month

Min 3 months or AED 200

Amendment

AED 100

Extension/ Renewal

0.125 %/per month

Min 3 months, or AED 200

Avals / Direct payment

0.125 %/per month

Min 3 month, or AED 100

 

DOCUMENTARY CREDIT

IMPORT

Opening

0.125 % per month

Min 3 month or AED 250

Amendment

AED 100 + SWIFT 75

Acceptance

0.1875% per month

Min AED 100

Shipping guarantees

0.375 % per month

Min 2 month, or AED 100

EXPORT

Advising

0.01% Min AED 250,

Non Customer AED 400

Confirmation

0.5% Charged quarterly in advance

Min 3 Months or AED 500

Amendment

AED 100, Non Customer AED 250

Negotiation

0.125% Flat, Min AED 100

Reimbursement

AED 200

Exchange

0.25% Min AED 200

Assignment of proceeds under L/C's

0.125% Flat, Min AED 250

LOCAL

Payment commission

AED 200 per payment

Negotiation 0.125% Flat Min AED 100
Assignment of proceeds under L/C's 0.125% Flat, Min AED 250
SWIFT charges

AED 100 per message

SWIFT / COURIER

SWIFT Charges

MT 700 - AED 250,

MT 707 - AED 75

Courier

AED 150

 

The Bank may debit the Account and the Customer will on demand pay the Bank’s charges and fees for the operation of the Account and other facilities and services provided to the Customer by the Bank. The Bank may amend, at any time without prior notice, its charges, commissions or fees.


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