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Service Charges
IMPORT SERVICES

OPENING DOCUMENTARY CREDIT(L/C) AND AMENDMENTS

Items Charges Minimum Charges for General L/C Minimum Charges for Back-to-Back L/C
A. Opening L/C 1/4% on L/C amount for each validity period of six months HK$500 HK$900
B. Amendment(s) ------ HK$400 HK$500
C. Extension of validity

1. If the extension is still within the six-month period which had been charged.

2. If the extension is beyond the six-month period, 1/4% on L/C outstanding amount for each validity period of six months

HK$400

HK$500

HK$500

HK$900

D. Increase in L/C amount On the same basis as for opening of a new L/C HK$500 HK$900

IMPORT BILLS AND OTHER CHARGES / COMMISSIONS

Items Charges / Commissions Minimum
A. H.K. Dollar Import Bills under L/C 1/4% on bill amount HK$350
B. Foreign currency bills / collection settled in original currency Commission in lieu of exchange:
1/4% on bill amount
HK$350
C. Import collection 1/8% on bill amount HK$350
D. Acceptance commission for usance import bills under L/C 1/16% on bill amount per month for the validity of acceptance HK$350
E. Drawing commission for revolving L/C 1/8% on bill amount per drawing shall be charged after the original amount of the L/C has been drawn HK$500
F. Shipping guarantee

1. Commission on each guarantee issued
2. In case the original transport documents are not ultimately received through our Bank or not received by our Bank within the first three months, an additional commission shall be charged at 1/4% on invoice value
3. Commission shall be charged for each consecutive two months until our Bank receives the original transport documents

HK$300
HK$350

HK$300

G. Import invoice financing 1/4% on invoice amount HK$450

OPENING GUARANTEE OR BOND / STANDBY LETTERS OF CREDIT(L/C)

Items Charges / Commissions Minimum
A.Opening Guarantee /Standby L/C 1/8% on Guarantee /Standby L/C amount for each validity period of one month HK$800
B.Amendment(s) ------ HK$400
C.Extension of validity 1.If the extension is still within the period which had been charged.
2.If the extension is beyond the charged period, 1/8% on Guarantee /Standby L/C amount for each new validity period of one month.
HK$400
HK$500
D.Increase in amount 1/8% on increased amount to be charged on the same basis as for opening a new Guarantee / Standby L/C HK$500
E. Payment Commission will be charged on the basis as shown in II. A. and B. under Import services