UOB Trade Finance & Services

Fees

Amount / Rate
IMPORT & DOMESTIC PURCHASE
Letter of Credit
Issuance Fee* 0.1% p.m. or part thereof with min RM100.00
Amendment Fee* involving increased amount and/or extended validity 0.1% p.m. or part thereof with min RM50.00
Other Amendment Fee* RM50
X'Press Letter of Credit
Issuance Fee* 0.1% p.m. or part thereof with min RM100.00
Amendment Fee* involving increased amount and/or extended validity 0.1% p.m. or part thereof with min RM50.00
Other Amendment Fee* RM50
Inward Bills under Letter of Credit
Usance Acceptance Fee* 0.1% p.m. or part thereof with min RM100.00

Discrepancy Fee* (deduct from bill amount)

  • Ringgit

  • Foreign Currency

 

RM100

USD75.00 equivalent

Shipping Guarantee
Issuance Fee* (first 3 months) 0.1% flat with min RM100.00
Late Redemption Fee (after 3 months) 0.5% p.a. with min RM100.00
Advance Endorsement Fee*

0.1% flat with min RM100.00

Documentary Collection

Collection Fee*

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM50.00 max RM500.00

0.1% flat with min RM50.00 max RM100.00

Re-Direct Fee*

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM50.00 max RM500.00

0.1% flat with min RM50.00 max RM100.00

Protest Fee*

RM300.00 plus Legal cost

Dishonored Fee*

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM50.00 max RM500.00

0.1% flat with min RM50.00 max RM100.00

EXPORT
Letter of Credit

Advising Fee

RM60

Confirmation Fee

Rate quoted on case to case basis with min RM200.00

Letter of Credit Transfer
Issuance Fee* 0.1% flat with min RM100.00
Amendment Fee* involving increased amount and/or extended validity 0.1% flat with min RM50.00
Other Amendment Fee*

RM50

Letter of Credit Drawing

Document Examination Fee

RM50

Presentation Fee

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM50.00 max RM500.00

0.1% flat with min RM50.00 max RM100.00

Negotiation Fee

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM100.00 max RM500.00

RM100.00

Documentary Collection

Colleciton Fee

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM50.00 max RM500.00

0.1% flat with min RM50.00 max RM100.00

Purchase Fee

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM100.00 max RM500.00

RM100.00

DOMESTIC SALE
Letter of Credit

Advising Fee*

RM60.00

Confirmation Fee*

Rate quoted on case to case basis with min RM200.00

Letter of Credit Transfer
Issuance Fee* 0.1% flat with min RM100.00
Amendment Fee* involving increased amount and/or extended validity 0.1% flat with min RM50.00
Other Amendment Fee*

RM50

Letter of Credit Drawing
Document Examination Fee* RM50

Presentation Fee*

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM50.00 max RM500.00

0.1% flat with min RM50.00 max RM100.00

Negotiation Fee*

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM100.00 max RM500.00

RM100.00

Docementary Collection

Collection Fee*

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM50.00 max RM500.00

0.1% flat with min RM50.00 max RM100.00

Negotiation Fee*

  • Ringgit
  • Foreign Currency

 

0.1% flat with min RM100.00 max RM500.00

RM100.00

GUARANTEE
Bank Gurantee
Issuance Fee* From 0.1% p.m. or part thereof, inclusive of any claim period with min RM100.00
Amendment Fee* involving increased amount and/or extended validity From 0.1% p.m. or part thereof, with min RM100.00
Other Amendment Fee*

RM100

Reissuance Fee*

RM100

Non-Cancellation Fee, 3 months after expiry/claim end date

From 0.1% p.m. or part thereof

X'Press Bank Gurantee
Issuance Fee* 1.25% p.a. with min RM100.00
Amendment Fee* involving increased amount and/or extended validity 1.25% p.a. with min RM100.00
Other Amendment Fee*

RM100

Reissuance Fee*

RM100

Standby Letter of Credit
Issuance Fee* 0.1% p.m. or part thereof with min RM100.00
Amendment Fee* involving increased amount and/or extended validity 0.1% p.m. or part thereof with min RM100.00
Other Amendment Fee*

RM100

TRADE FINANCING
Bankers Acceptances
Direct Reimbursement Charge*, where prior settlement of Invoices was made with other bank RM100.00
Trust Receipt
Direct Reimbursement Charge*, where prior settlement of Invoices was made with other bank RM100.00
Invoice Financing
Direct Reimbursement Charge*, where prior settlement of Invoices was made with other bank RM100.00

Handling Fee*

  • Transactions below RM50,000.00
  • Bunching of invoices exceeding 5 copies or more than 3 disbursement to be made under one transaction

 

RM100

RM50.00

Prepayment Fee*

RM100

Vendor Financing
Handling Charge* 0.1% flat, with Min RM50.00 and Max RM500.00
Packing Credit
Handling Charge* RM100
Export Credit Refinancing
Handling Charge* RM5.00
Domestic Purchase Order (DPO) Charge* 0.05% flat min RM20.00 max RM500.00
Local Purchase Order (LPO) Charge* 0.05% flat min RM20.00 max RM500.00
Factoring

Service Charge*

  • Recourse Structure


  • Non-Recourse Structure

 

0.1% - 1.0% invoice value, determined against invoice tenor and invoice value, subject to monthly min RM500.00

0.25% - 1.25% invoice value, determined against invoice tenor and invoice value, subject to monthly min RM1,000.00

GENERAL CHARGES
Charges in lieu of foreign exchange* 0.125% flat on invoice amount, subject to min RM10.00 for Import and Export bills

SWIFT - Full text or Amendment of LC / BG*

  • Domestic
  • International

 

RM20.00

RM80.00

Tracer / Notice / Advice*

  • Domestic
  • International

 

RM20.00

RM50

IBG* RM1.00
RENTAS* RM9.00
Cashier Order* RM2.65

Courier Service*

  • Domestic
  • International

 

RM20.00

RM50.00 to RM150.00

Postage* RM10.00
Cut-Off times for SWIFT Payments on Cross-Border Trade Settlements
Import services using Outward Telegraphic Transfer/SWIFT

Same day processing if documents are received before 3.00 p.m.

Export Services receiving from Inward Telegraphic Transfer/SWIFT (USD)

Same day processing if received before 2.00 p.m.

Inward Telegraphic Transfer/SWIFT(Other Currencies)

Same day processing if received before 4.00 p.m.

*Effective 1st June 2018, these fees and charges are inclusive of GST at 0%

The information expressed in this document is for reference only and subject to changes from time to time. United Overseas Bank (Malaysia) Bhd does not assume any responsibility for any loss that may result from the reliance by any person upon any information set out hereunder.

 

Copyright © United Overseas Bank (Malaysia) Bhd. (271809-K). All Rights Reserved.