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Trade Finance Services Fees

Trade Finance Services Fees

Access information on our rates and fees.

Import & Domestic Purchase

Letter of Credit
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Letter of Credit Fees
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 RM50.00
X'Press Letter of Credit Fees
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 RM50.00
Inward Bills under Letter of Credit Fees
Issuance Acceptance Fee 0.1% p.m. or part thereof with min RM100.00
Discrepancy Fee (deduct from bill amount)

Ringgit: RM100.00

Foreign Currency: USD75.00 equivalent
Shipping Guarantees Fees
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 Fees
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
Dishonoured Fee

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


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

Export

Letter of Credit
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Letter of Credit Fees
Advising Fee RM60.00
Confirmation Fee Rate quoted on case to case basis with min RM200.00
Letter of Credit Transfer Fees
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 RM50.00
Letter of Credit Drawing Fees
Document Examination Fee RM50.00
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 RM50.00 max RM500.00 


Foreign Currency: RM100.00
Documentary Collection Fees
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

Domestic Sale

Letter of Credit
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Letter of Credit Fees
Advising Fee RM60.00
Confirmation Fee Rate quoted on case to case basis with min RM200.00
Letter of Credit Transfer Fees
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 RM50.00
Letter of Credit Drawing Fees
Document Examination Fee RM50.00
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 Fees
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

Guarantee

Bank Guarantee
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Bank Guarantee Fees
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 Guarantee Fees
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 Fees
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

Trade Financing

Bankers Acceptances
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Bankers Acceptances Fees
Direct Reimbursement Charge, where prior settlement of Invoices was made with other bank RM100.00
 
 
Trust Receipt Fees
Direct Reimbursement Charge, where prior settlement of Invoices was made with other bank RM100.00
 
 
Invoice Financing Fees
Direct Reimbursement Charge, where prior settlement of Invoices was made with other bank RM100.00
Handling Fee

• Transactions below RM50,000.00: RM100.00


• Bunching of invoices exceeding 5 copies or more than 3 disbursement to be made under one transaction: RM50.00
Prepayment Fee RM100.00
 
 
Vendor Financing / Buyer Financing Fees
Handling Charge 0.1% flat, with Min RM50.00 and Max RM500.00
Bunching of invoices RM20.00 (only to Buyer Financing)
 
 
Packing Credit Fees
Handling Charge RM100.00
 
 
Export Credit Refinancing Fees
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
 
 
uFactor Fees
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
 

General Charges

Applicable to all Trade products
  • Services
  • Fees
Services Fees
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 RM0.30
RENTAS RM5.00
Cashier Order RM5.65*
Courier Service • Domestic: RM20.00 • International: RM50.00 to RM150.00
Postage RM10.00
Services
Charges in lieu of foreign exchange
SWIFT - Full text or Amendment of LC / BG
Tracer / Notice / Advice
IBG
RENTAS
Cashier Order
Courier Service
Postage

*Effective 1 March 2019.

Others

Cut-Off times for SWIFT Payments on Cross-Border Trade Settlements
  • Services
  • Fees
Services Fees
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.
Services
Import services using Outward Telegraphic Transfer/SWIFT
Export Services receiving from Inward Telegraphic Transfer/SWIFT (USD)
Inward Telegraphic Transfer/SWIFT(Other Currencies)

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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