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Access information on our rates and fees
| Fees | Amount / Rate | |
| Issuance Commission | 0.1% of LC-i Amount per month or part thereof or RM100, whichever higher | |
| Type of Charges | Amount | |
| Amendment Commission (amount / tenor) | If related to extension or increase in amount | 0.1% per month or part thereof, Min RM50 |
| Amendment Commission (others) | If not related to extension or increase in amount | RM50 |
| Acceptance Commission on Usance Credits | 0.1% per month or part thereof or RM100, whichever higher | |
| Fees | Amount / Rate |
| Issuance Commission | From 0.1% per month or part thereof, inclusive of any claim period, with minimum of RM100, whichever is higher |
| Amendment Commission (amount / tenor) | From 0.1% per month or part thereof, with minimum of RM100, whichever is higher |
| Non-Return of Bank Guarantee-i (3 months after expiry / claim date) | From 0.1% to 0.125% per month or 1.5% per annum on the guaranteed amount, or RM100, whichever is higher |
| Local Bank Guarantee-i (BG-i) | Stamp Duty; RM10 |
| Letter of Indemnity (BG-i) | Stamp Duty; RM10 |
| Fees | Amount / Rate |
| Bunching Fee; Bunching of invoices exceeding 5 copies or more than 3 payments to be made under one transaction | RM50 |
| Direct reimbursement, where prior settlement of invoices was made with other banks | RM100 |
| Fees | Amount / Rate |
| Direct Reimbursement Charge, where prior settlement of Invoices has been made with other bank | RM100 |
| Brokerage Fee (Imposed by Bursa) | RM15 for every transaction of RM1 Million or part thereof in the currency of transaction (The Agency Fee is related to the brokerage cost. This fee is payable directly to Bursa Malaysia. The imposition of agency fee is as follows: It is based on actual brokerage cost imposed by broker/commodity platform) |
| Fees | Amount / Rate |
| 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 |
| Brokerage Fee (Imposed by Bursa) | RM15 for every transaction of RM1 Million or part thereof in the currency of transaction (The Agency Fee is related to the brokerage cost. This fee is payable directly to Bursa Malaysia. The imposition of agency fee is as follows: It is based on actual brokerage cost imposed by broker/commodity platform) |
| Fees | Amount / Rate |
| Charges in lieu of foreign exchange | 0.125% flat on invoice amount, subject to min RM10 for Import bills |
| SWIFT - Full text or Amendment of LC-i / BG-i | • Domestic: RM20 • International: RM80 |
| Tracer / Notice / Advice | • Domestic: RM20 • International: RM50 |
| IBG | RM0.30 |
| RENTAS | RM5 |
| Cable Charges | RM50 |
| Cashier Order | RM5.65* |
| Courier Service | • Domestic: RM20 • International: RM55 to RM150 |
| Postage | RM10 |
| Fees |
| Charges in lieu of foreign exchange |
| SWIFT - Full text or Amendment of LC-i / BG-i |
| Tracer / Notice / Advice |
| IBG |
| RENTAS |
| Cable Charges |
| Cashier Order |
| Courier Service |
| Postage |
| Fees | Amount / Rate |
| 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. |
| Fees |
| Import services using Outward Telegraphic Transfer/SWIFT |
| Export Services receiving from Inward Telegraphic Transfer/SWIFT (USD) |
| Inward Telegraphic Transfer/SWIFT(Other Currencies) |
*Effective 1 July 2022
Effective 1 October 2025, the above trade related charges will be subject to an 8% Service Tax (SST), or any prevailing rate by the Malaysian Government, and will be payable by you, where applicable.
Trade services involving importation / exportation of goods (except courier & postage charge) are non-taxable.
For more details, please refer to our public announcement here.
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.
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