DBS Trade Finance Service Fees & Pricing Guide

Trade Finance Pricing Guide

Trade Finance Service Fee Schedule

Trade Finance Pricing Guide

Trade Finance Service Fee Schedule

At a glance

We offer a comprehensive range of trade financing and products. This pricing schedule reflects the standard trade pricing applicable to our products.

Please note that the pricing schedule applies to trade fees and commissions charges only. All incidental charges such as postage, courier & SWIFT are excluded.

Import Letter of Credit

LC Issuance (Sight / Usance)	1/8 % per month. Min 2 months but not less than S$80.
Usance LC Acceptance / Deferred Payment Commission	Usance LC: 1/8 % of bill amount per month, from LC expiry date to LC maturity date (Min S$80).
Discrepancy Fee	US$80 (or S$110)
Import LC Amendment	Extension of LC expiry / validity	1/8 % per month on outstanding balance. Min S$80.
	Amount	1/8 % per month on the incremental amount. Min 2 months but not less than S$80.
	Others, including LC cancellation	S$80
Withdrawal of Application before Issuance	S$50
LC SWIFT cost	S$100
Processing Fee under Advance Payment Arrangement **	S$100

** Processing fee is chargeable when LC/BG/SBLC amount if paid in full to the bank upfront for the bank to issue the instrument under advance payment arrangement

Drawings under Import Letter of Credit
Excess Drawing	1/8 % per month on excess portion. Min 2 month but not less than S$80.
Drawing against Expired LC	1/8 % per month, from LC expiry date to payment date. Min S$80.
Commission-in-lieu of Exchange *	1/8% flat. Min S$80.

* Commission-in-lieu of exchange is applicable where foreign currency trade transactions are settled without foreign currency conversion

Export Letter of Credit

Letter of Credit Advising
Commission	Client: S$30 Non-Client: S$60
Advising through LC/Amendment (to 2nd Advising Bank)	Client / Non-client: S$125

Letter of Credit Confirmation
Subject to quotation

Negotiation / Handling
Commission	Client: 1/8 % flat, Min S$80 Non-Client: 1/8 % flat, Min S$200
For Restricted LC: Issuance of Indemnity in favour of Restricted Bank	1/8 %. Min 2 months but not less than S$80
Commission-in-lieu of Exchange *	1/8 % flat. Min S$80.

* Commission-in-lieu of exchange is applicable where foreign currency trade transactions are settled without foreign currency conversion

Export proceeds remittance in favour of:
Own account with another bank	S$80
Third party account with another bank	1/8 % flat, Min S$125

Letter of Credit Transfer

Full / Partial Transfer with / without Substitution	Subject to arrangement (Min 0.25%, but not less than S$500)
Amendments	Increase in amount: Same charges as LC transfer Text only: S$80

Documentary Collection

Import Documentary Collection
Commission	1/8 % flat. Min S$80.
Re-presentation Charge	Charge as a new transaction
Document Released Free of Payment	1/8 % flat. Min S$80.
Holding Fee	S$50 per month after 2 months
Tracers for Import Collections	S$30 each (all-in)
Commission-in-lieu of Exchange *	1/8% flat. Min S$80.

* Commission-in-lieu of exchange is applicable where foreign currency trade transactions are settled without foreign currency conversion

Export Documentary Collection
Commission	1/8 % flat. Min S$80.
Holding / Maintenance Fees for Unpaid or Returned items	S$50 per month Sight bills: After 2 months’ grace Term bills: After 2 weeks’ grace from maturity date
Amendment to Collection Instructions	S$30 flat
Tracers for Export Collections	S$30 each (all-in)
Commission-in-lieu of Exchange *	1/8% flat. Min S$80.

* Commission-in-lieu of exchange is applicable where foreign currency trade transactions are settled without foreign currency conversion

Shipping Guarantee / Air Waybill Endorsement

Where documents to be presented under LC issued by DBS	S$80
Where documents to be presented under Import Documentary Collection	1/4 % flat, min S$80
Guarantees Outstanding / Unredeemed Guarantee	1/4 % per month. Min S$80 (Outstanding after 30 days)

Bankers Guarantee / Standby Letter of Credit

Issuance (Direct)	Financial Guarantee: 2% p.a.
	Performance Guarantee: 1% p.a. up to 2 years
	1.5% p.a. above 2 years
	Min commission: S$150 (BG – Standard format) S$250 (BG – Non-standard format)
Issuance (Indirect)	Subject to quotation Min commission: US$500 (Standard format) US$1000 upwards (Non-standard format) depending on complexity Plus, overseas bank issuance charges
Issuance (Against Incoming Counter Guarantee / Counter Standby)	Subject to quotation

Amendment of:
Tenor	Same as Issuance Commission, min S$150
Amount	Same as Issuance Commission, min S$150
Others	S$100

Other fees:
Handling of Inward Claims under BG / SBLC issued by us (Pay or Extend)	Same as Issuance Commission, min S$200 (Min S$200 is payable whether extended or not)
Request for Transfer / Acknowledgement of Notice of Assignment or Transfer of BG / SBLC	Subject to arrangement (Min 0.25% but not less than S$500)
Vetting fee	Where applicable at min S$200 upwards
Cancellation fee	Where applicable at min S$200 upwards
Certified true copy	Where applicable at min S$200 upwards
Re-issue of guarantee (incorporating amendments)	Where applicable at min S$200 upwards
Tracer fees	S$10
Postage	S$2
Courier	Local: S$10 Overseas: Min S$25 upwards
Processing fee under Advance Payment Arrangement **	S$100

** Processing fee is chargeable when LC/BG/SBLC amount if paid in full to the bank upfront for the bank to issue the instrument under advance payment arrangement

Bankers Guarantee / Standby Letter of Credit Advising
BG / SBLC Advising	Client: S$30 Non-Client: S$60
Authentication of hardcopy BG / SBLC (Issued by another bank)	S$200 flat

Standby Letter of Credit Confirmation
Subject to quotation

Demand Presentation to Guarantor / Issuing Bank
1/8% flat, min S$200

Trade Financing

Import Financing

Import financing includes Purchase Invoice Financing (PIF), Advance Payment loan.

Handling fees

1/8 % flat. Min S$100

Export Financing

Export financing includes Sales Invoice Financing, Loan Packing Credit / Export Pre-shipment Financing).

Handling fees	1/8 % flat. Min S$100

Others

Trade solution fee for Structured Facility	Up to 0.25% flat. Min SGD10,000
Past due handling charge	S$80 flat per item
Commission-in-lieu of Exchange *	1/8% flat. Min S$80.
Reimbursement	S$100 flat
Assignment of proceeds to third party	1/8 % flat. Min S$80
SWIFT cost	S$30 per SWIFT
Withdrawal of application before financing	S$50