Consolidated Schedule of Charges/Commissions on Foreign Exchange

Business Transactions/Services
Import

SL Types of Nature of charge commission Rate of charge/ commission

services/commission

1. L/C Opening 1.1 General Rate 0.40% for each quarter.

Commission for Cash For client having yearly import
L/C (at sight) including performance below Tk.200 million.
Inland Cash L/C
1.2 Special Rate
N.B. 1.2.1 For clients having yearly import For 1st qtr.0.40%
If in a calendar year a performance of Tk.200 million and For each subsequent qtr. or part
client reaches a certain above. thereof 0.20%
slab, special rate/rebate 1.2.2 For clients having yearly import For 1st qtr.0.35%
may be allowed on total performance of Tk.400 million and For each subsequent qtr. or part
above. thereof 0.20%
performance. For fresh
year, rate to be applied on 1.2.3 For clients having yearly import For 1st qtr.0.30%
performance of Tk.600 million and For each subsequent qtr. or part
the basis of previous
above. thereof 0.15%
years performance.
1.2.4 For clients having yearly import For 1st qtr.0.25%
performance of Tk.1000 million For each subsequent qtr. or part
and above. thereof 0.15%

2. L/C opening For 1st qtr.0.60%

Commission under For each subsequent qtr. or part
Loan/Aid/Barter/STA thereof 0.30%
etc. (where designated Min. Tk.500/-
by Bangladesh Bank to
handle transaction under
such sources.)

3. Back to Back L/C 0.40% for each quarter

opening com.
(Foreign/Inland/EPZ)
4 L/C opening commission Applicable for all clients no 0.50% for each quarter
under deferred payment/ special rate is allowed
usance L/C including ILC
(other than Back to Back)
5. L/C opening commission All types of L/C 0.25% per quarter or part
when 100% cash security thereof.
realized prior to opening
L/C

6. Amendments of L/Cs 6.1 For value increase/time extension Commissions as per L/C
against L/Cs. opening rate.

6.2 For all amendments other than Tk.400/- per Amendment

value increase and time extension

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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 1 of 10
SL Types of Nature of charge Rate of charge/
services/commission commission commission

7. Cost of stationary in L/C Tk.300/- per L/C

opening (LCAF, IMP Form
and others)
8. Dispatch/Transmission of 8.1 By Registered Mail
L/C
8.2 By DHL Courier
At actual
8.3 By SWIFT
8.4 Short form/pre advice through
SWIFT
9. Dispatch/Transmission of 9.1 By Registered Mail
L/C Amendment 9.2 By DHL Courier At actual
9.3 By SWIFT
10.1 Charges on opener’s A/C Foreign Bank Charges
10. Third Bank Confirmation at actual + 0.20%
10.2 Charges on beneficiary A/C 0.20%

11. Cancellation of L/C 11.1 Commission Nil

11.2 SWIFT/ At actual.
11.3 By Air mail
11.4 Foreign bank charges
12. Charges for issuance of Applicable for all usance L/Cs SWIFT/mail At actual
Acceptance (Cash/BB/ILC).
letter/message
13 Acceptance Commission Charges under DP LCs 0.40 % for each quarter
under Deferred Payment including BB LC and ILC to
L/cs including Back to Back be realized at the time of
and Inland L/Cs. payment

Clearance of goods
SL Types of Nature of charge Rate of charge/
services/commission commission commission
14. Certification of import Tk.500/- per Documents
documents for customs
assessment purpose only
15. Issuance of shipping Tk.1000/- per Guarantee
Guarantee for release of
consignment
16. Endorsement charge for 16.1 For endorsement of copy Nil
clearance of goods against documents
deposit of full value of 16.2 For original document Tk.500/-
documents.
17. Commission on clearance of To be shared equally by the 0.20% Max.Tk.20,000/-
Imported consignment (MPI L/C opening and Clearing/Port Min.Tk.500/-
& BB L/C) attached Branch. If opening
and clearing branch are same
full amount to be realized by
opening Branch.
18. TR processing Charge In case where the clients 0.10% Max. Tk.20000/-
directly take delivery of Min. Tk.500/-
shipping docs. & enjoy MPI
(TR)/MIB facility.
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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 2 of 10
 Payment of Documents

SL Types of Nature of charge Rate of charge/

services/commission commission commission
19. Import document processing If relevant clause incorporated US$50 per documents
charge to be realized from in the L/C.
bill value

20. Charges for processing 20.1 For documents value upto USD 30/-+ Swift
discrepant import documents USD 10,000/- Charges At actual
(Local and Foreign)
(Condition for deduction of 20.2 For documents value above USD 50/-+ Swift
discrepancy fee if USD 10,000/- Charges At actual
incorporated in L/C.)

21. Overseas Banks If charges are on Applicants Foreign Bank Charges at

Reimbursement/ Negotiation A/C actual + our Charges $20/-
charges

22. Settlement of L/C payment Applicable for all types of Tk.1000/- per instance
through Payment import payment including BB
Instruction/ Reimbursement
Authority /payment L/C.
Intimation

23 Issuance of Back to Back Tk. 500.00 per instance.

L/C Certificate

24. Charges for Inward Applicable for DP/Import H.C @ 0.25%

Documentary Collection against LCAF. Min. Tk.500/-+ Swift
without LC
charge At actual
25. Payment charges against 25.1 For documents value upto USD 15, To be realized from
inward collection documents
without L/C. US$5000 Bill value
25.2 For documents value above USD 30, To be realized from
US$5000 Bill value

26 Issuance of import Tk 300/- per certificate

performance Certificate

27 All other charges not At actual Min-Tk.500/-

mentioned above in
connection with opening
and advising L/Cs.

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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 3 of 10
 Export

SL Types of Nature of charge Rate of charge/

services/commission commission commission
1. Advising of L/Cs. Advising of all types of L/Cs Tk.750/- per LC
including re-advising and
advising of pre-advice L/C.
2. Advising of Amendments. Advising of Amendments of Tk.750/- per Amendment.
All types of L/Cs.
3. Authentication of transfer For Transfer/Authentication of Tk.750/- for each
of LCs/Amendment. all types of L/c & amendments transfer/authentication.

4 Adding confirmation to For all types of LC

Foreign Bank L/Cs 0.20 %
Locally.
5. Cancellation of lien of 5.1 Cancellation charges Tk.500/-
export L/C

5.2 Swift charges At actual

(if communication made)
6. Issuance/Certifying of Exp. Tk.200/- per set.
Form

7. Issuance of C& F certificate Per instance Tk. 500/-

8. Charges for encashment of For Advance Payment Receipt Tk.500/- per case
TT against Export.
9. Obtaining negotiation 9.1 Charges / fees for negotiation Tk.500/- per authentication
authority from Foreign Bank authority
for discrepant Bills.
9.2 Foreign Bank Charges. At actual

9.3 Swift At actual

10 Bai-as-Sarf (Negotiation/ Commission 0.15%

Purchase) against Export
Bills under export
LC/Contract (Inland and
Foreign).
11 Commission for Collection 0.15%
of Local Export Bills under
Inland Bills for Collection
(IBC) including IBC against
which MDB allowed
12 Documentary Collection Commission 0.15%
under export LC/Contract
(FBC)
13 Mailing of export documents 13.1 By post/Mail
(Local/Foreign)
13.2 By courier At actual
13.3 For Local Mailing
14 For claiming reimbursement 14.1 By Mail
against export bills 14.2 By Swift

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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 4 of 10
SL Types of Nature of charge Rate of charge/
services/commission commission commission

15 Overdue export Bills 15.1 If the documents are presented as

per Export policy-2006-2009 i.e.
“If products are exported on the
basis of sight –payment under Nil
irrevocable letter of credit, then
commercial banks will not impose
overdue interest provided that the
exporter submits necessary export
documents.”
15.2 In other cases including Difference between Exchange
discrepant docs. Rate of Sight Bill & DP Bill
from the date of negotiation to
the date of realization.
16 Issuance of PRC Cash Assistance and for any
Tk. 500/- per instance
other purpose
17 Possessing Fees for each 17.1 Claim value upto Tk. 2.00 Lac Tk.1000/-
Cash Assistance file if
QSCA is not availed 17.2 Upto Tk.5.00 lac Tk.2000/-

17.3 Above Tk.5.00 lac Tk. 3000/-

18 Possessing Fees for each 18.1 Claim value upto Tk. 2.00 Lac Tk.2000/-
Cash Assistance file if
QSCA is availed 18.2 Upto Tk.5.00 lac Tk.4000/-

18.3 Above Tk.5.00 lac Tk. 6000/-

19 Issuance of Export 19 All other charges Tk. 500/-per certificate

performance/transaction
certificate

20 Any other charges not 20.1 Swift At actual

mentioned above and / or For
each swift correspondences 20.2 mail At actual
abroad

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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 5 of 10
 Bid/Performance Bond

SL Types of services/commission Nature of charge Rate of charge/

commission commission
1. Advising of Foreign Bank Guarantee Tk.750/-

2. Advising the amendment of Guarantee Tk.750/-

3. Advising of guarantee in original by 3.1 Advising charges Tk.750/-

adding our confirmation 3.2 Commission 0.50% Min.
Tk.2000/-
4. Issuance of Bid Bonds /Performance 4.1 Commission 0.50% per quarter
Guarantee/Stand by letter(s) of credit Min. $ 75/-
favoring local beneficiary against 4.2 Stamp duty & other expenses ( if At actual.
100% and irrevocable counter any)
Guarantee of Foreign Correspondents 4.3 Swift At actual
/banks

5. Issuances of bid bonds / performance 5.1 Commission 0.50% Per quarter

guarantee favoring overseas Min. Tk.5000/-
beneficiary (s) through foreign 5.2 Foreign Bank Charges At Actual.
correspondents at the request of local 5.3 Swift At actual
customers.
3.1 mission
6. Commission for Bank guarantee of 6.1 Commission 1.50 % PA
Foreign bank against which add 6.2 Foreign Bank Charges At Actual.
confirmation is required for ship 6.3 Swift At actual
building industry. 3.1 mission

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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 6 of 10
Foreign Remittance

S Type of Nature of Rate of

L Service/Commission charges/criteria Charges/commission

1. Issuance of FDD/FTT drawn on 1.1 Commission Tk.300

overseas NOSTRO A/C
1.2 Swift At actual

2. Issuance of F.C Draft drawn on Commission @ 0.10% Min-US$5/-

Bangladesh Bank clearing A/C Max-USD 50/- per FDD

3. Issuance of Counter Drafts at USD 5 per FDD from the

the request of Local banks remitted fund.

4. Issuance of Duplicate FDD 4.1 Commission Tk.200/-

4.2 Swift per message At actual

4.3 Foreign Bank Charges At actual.

5. Cancellation of FDD/TT/MT 5.1 Cancellation Fee Tk.200/-

5.2 Swift per message At actual

5.3 Foreign Bank Charges At actual.

6. Sale of TC 6.1 Commission @ 1.00% on F.C amount

6.2 Endorsement Fee per pass Tk. 100 for upto US$500 &
port Tk. 200 for above US$500.

7. Sale of Cash F.C 7.1 Commission Nil

7.2 Endorsement Fee per pass Tk. 100 for upto US$500 &
port Tk. 200 for above US$500.

8. Collection of Refund Warrant USD 5/- per instrument from

in FC Proceeds.
9. Commission against Purchase 9.1 Per USD Tk.0.25/-
of Foreign Bank Draft under 9.2 Per Euro Tk.0.40/-
Bai-As-Sarf Mode
9.3 Per GBP Tk.0.50/-

9.4 All other currencies As per USD rate

9.5 P&T At actual

10. Encashment of/disbursement 10.1 In Taka Nil

against any foreign remittance
through TT/DD at our counter. 10.2 In FC Tk.100/- per TT

11. Collection of proceeds from Tk.300/- per instrument

local banks for any draft in FC
which is not primarily
collected through clearing.
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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 7 of 10
SL Type of Nature of charges/criteria Rate of
Service/Commission Charges/commission
12. Collection of Foreign currency 12.1 Commission 0.10% Min. Tk.200/-
draft from abroad
12.2 P&T At actual

12.3 Foreign Bank Charges At actual

13. Encashment /Refund of TC 13.1 Commission 0.10% Min. Tk.250/-

13.2 P&T At actual

13.3 Foreign Bank Charges At Actual.

14. Processing of application of Tk.500/- + Applicable

remittance of profit/dividend. Remittance Charges

15. Payment of indenting Tk.500/- per case + applicable

commission / Technical know collection charge
how fees/ Royalty etc.

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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 8 of 10
 Other Services
SL Type of Nature of charges/criteria Rate of
Service/Commission Charges/commission
1. Opening of student file for 1.1 Service charge for opening Tk.2000/-
study abroad
1.2 For subsequent transaction Tk.1000/-

1.3 Remittance charges for both cases As per schedule of

remittance charge.
2. Issuance for NOC for study and Tk.300 per case
other purpose
3. Collection of credit report of 3.1 Through Dun & Bradstreet Actual cost involved +
the beneficiary / Buyer Tk.500/- as bank charge per
case.
3.2 By other source Swift charges At actual
4. Issuance of certificate relating Tk. 500/- per certificate.
to bond license

5. Enlistment of C&F Agents 5.1 Enlistment fee Category

A1 & A Tk.10,000/-
Note : All charges will be B Tk.9,000/-
credited to the branch C Tk.8,000/-
A/c. D Tk.7,000/-
E Tk.6,000/-
F&G Tk.5,000/-

5.2 Upgradation/ Degradation/ Tk.3000/- for all categories.

Cancellation
5.3 Yearly Renewal Fee Tk.3000/- for all categories.

6. Processing charges for Duty 6.1 Up to Tk. 0.5 Lac Tk. 500/-
Draw Back per case 6.2 Above Tk 0. 5 Lac to Tk. 1.00 Lac Tk.1000/-

6.3 Above Tk. 1.00 lac Tk.2000/-

7. Application /Confirmation of Applicable for other bank’s clients. Tk.500/- per instance;
Test. To be realized from the
requesting bank.

8. Credit information on local 8.1 At the request of Local Bank Tk.1000/- per instance
firm/companies.
8.2 At the request of Foreign Bank US$50/- per instance

9. Issuance of FC balance/ Tk.300/- per instance

Encashment Certificate

10. Processing fee for obtaining 10.1 New Tk.3000/-

license from Bangladesh Bank
or any other regulatory bodies 10.2 Renewal / principal inclusion Tk.2000/-
(Indenting/Buying agent/
Shipping Agent others) 10.3 Yearly Fee Tk.1000/-

11. IRC /ERC renewal charge Govt. fee As per IPO + Our
charges Tk.500/-

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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 9 of 10
SL Types of Nature of charge commission Rate of charge/
services/commission commission
12. Indentors Registration Govt. fee As per IPO + Our
Certificate (IRC) renewal charges Tk.1000/-
charge

13. Document Processing charges Tk.1000/- per instance

of Money Exchange
Companies for sending to
Bangladesh Bank.

14. Issuance of NOC for 2nd lien Tk.1000/- per instance

banks (Bond Licence and other
purpose)

15. Issuance of lien confirmation on 15.1 New Tk.500/-

FC balance for international
credit card. 15.2 Renewal Tk.300/-

16. Swift charges for all other At actual

correspondence.

17. Issuance of any other Tk.500/- per certificate.

Certificate.

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Circular on schedule of Charges/Commission on Foreign Exchange Business Transactions/Services. Page 10 of 10