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Bank Guarantee

Fees and Commission

BANK GUARANTEE 

Fees and commission

Guarantee, standby LC risk premium (non-cash covered)

2% – 4% (annual)

Issuance of guarantee, standby LC

USD 100.00

Amendment to extend or increase guarantee, standby LC amount

USD 30.00

Amendment on terms and condition

USD 30.00

Checking of document and payment of claim made under the guarantee, standby LC

USD 50.00

Cancellation of guarantee, standby LC by request of the customer

USD 50.00

Adding confirmation on standby LC

1% – 3% (USD 300)

Advising of bank guarantee, standby LC

USD 20.00

Advising of amendment to terms and condition

USD 10.00

Inquiries by request of the customer

USD 10.00

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