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

• Issuance Acceptance Fee



0.1% p.m. or part thereof with min RM100.00
Discrepancy Fee (deduct from bill amount)
• Ringgit

RM100
• Foreign Currency 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

 


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

• Foreign Currency 0.1% flat with min RM50.00 max RM100.00

Re-Direct Fee
• Ringgit


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

• Foreign Currency

0.1% flat with min RM50.00 max RM100.00
Protest Fee RM300.00 plus Legal cost

Dishonored Fee
• Ringgit


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

• Foreign Currency

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

 

Fees Amount / Rate
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


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

• Foreign Currency

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

Negotiation Fee
• Ringgit


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

• Foreign Currency

RM100.00

Documentary Collection

Collection Fee
• Ringgit

 


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

• Foreign Currency 0.1% flat with min RM50.00 max RM100.00

Purchase Fee
• Ringgit


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

• Foreign Currency

RM100.00

 

Fees Amount / Rate
Domestic Sale

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

Letter of Credit Drawing

Document Examination Fee

 

RM50

Presentation Fee
• Ringgit


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

Negotiation Fee
• Ringgit


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

• Foreign Currency

RM100.00

Documentary Collection

Collection Fee
• Ringgit

 


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

• Foreign Currency 0.1% flat with min RM50.00 max RM100.00

Negotiation Fee
• Ringgit


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

• Foreign Currency

RM100.00

 

Fees Amount / Rate
Guarantee

Bank Guarantee

• 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

RM100.00

• Reissuance Fee

RM100.00

• 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 RM100.00
• Reissuance Fee RM100.00

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

RM100.00

 

Fees Amount / Rate
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


RM100

• Bunching of invoices exceeding 5 copies or more than 3 disbursement to be made under one transaction

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

RM50.00

Factoring

Service Charge
• Recourse Structure

 


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

• Non-Recourse Structure

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

 

Fees Amount / Rate
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


RM20.00

• International

RM80.00

Tracer / Notice / Advice
• Domestic


RM20.00

• International

RM50.00

IBG

RM1.00

RENTAS

RM9.00

Cashier Order

RM5.65*

Courier Service
• Domestic


RM20.00

• International

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 1 March 2019.

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.