UT-Bank

Reliability,
Relevance,
Speed.

International Trading

GENERAL PROVISIONS:

  • Cancellation, total or partial non-utilization of a letter of credit and also non-realization or non-execution of the transaction does not necessitate the surrender of collected commissions.
  • Eventual postage or cable charge rates, stamp duties etc. will be added to the commission indicated in this list.
  • All Charges indicated herein are minimum.

 


1CHEQUES AND PAYMENT ORDERS
  1.1 Collection of Foreign Bank`s Cheques 1.50% (USD 30)
 
2DOCUMENTARY CREDITS
  2.1 Pre-advising USD 50
  2.2 Issuing Documentary Credits (Per Three Months or Fraction) 0.75% (USD 75)
  2.3 Advising Commission 0.10% (USD 50)
  2.4 Payment/Negotiation/Taking-up Comm. 0.20% (USD 50)
  2.5 Confirmation Commission (Per three months or Fraction) 1.00% (USD 50)
  2.6 Discrepancy Fee/td> USD 50
  2.7 Amendments / Cancellations USD 50
  2.8 Increasing (from the sum of increasing) 0.75% (USD 50)
 
3DOCUMENTARY COLLECTIONS
  3.1 Collection Commission 0.20% (USD 50)
  3.2 Delivery Against Acceptance and Payment 1.00% (USD 50)
  3.3 Acceptance or Avalization 0.20% (USD 50)
  3.4 Delivery Free of Payment 0.10% (USD 50)
  3.5 Return of Unpaid Documents 0.20% (USD 50)
  3.6 Amendments/Cancellations on Collection Order USD 50
 
4GUARANTEES
  4.1 Bid Bonds (Per months or fraction) 0.50% (USD 50)
  4.2 Performance Bonds and Advance Payment Guarantee (per three months or fraction) 1.50% (USD 150)
  4.3 Amendments (For increasing of amounts commission charged) USD 50
  4.4 Handling Claims Under a Guarantee 0.10% (USD 50)

Internet-banking Explanation