Fees & Charges - BCB-i Financing

Commodity Trading Fee

For SME Customer

RM3.50 for every RM1.0million of financing amount (and its equivalent in another currency e.g. USD3.50/ USD 1.0million) on a pro-rated basis. 

For Non-SME Customer

RM7.00 for every RM1.0 million of financing amount (and its equivalent in another currency e.g. USD7.00/ USD 1.0million) on a pro-rated basis. 

Note: In the event where the facility currency and fee settlement currency are different, the exchange rate used by the commodity trading platform provider shall apply.

Redemption statement fee

RM50 per request

Security document retrieval fee

(request for photocopy)

RM 2 per page (min. RM10 and max. RM60)

• For Non-SME, the maximum capping does not apply

Additional financing statement fee

RM10 per request

• For Non-SME, there will be additional RM2 per page if statement is for one year or lesser; or RM5 per page if statement is more than a year

Early settlement charges

(via reducing rebate)

Actual cost not recovered:

• Cost not recovered due to discount elements at initial period; and/or
• Initial cost not recovered (e.g. zero moving cost)

Changes to approval terms and conditions that has been accepted by the customer

RM300 per request

• Applicable for customer initiated changes only

​Stamp Duty

As per Stamp Duty Act 1949 (including any revisions made to it)

​Legal and Disbursement Fee

Solicitor fee as per the Solicitor’s Remuneration Order 2005 (including any revisions made to it) including fees for registration of charge, land search, bankruptcy search, related government tax and other tax or levy as per the scale fees charged by the respective authorities

​OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

• Applicable for Non-SME only

Compensation Charges for Late Payment (Ta’widh)

1% or IIMM rate

A) For default instalment payment(s) during facility tenure = 1% p.a. on the overdue amount;

B) For default causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);

C) For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);

D) For default payment after court judgment has been obtained against you = BNM IIMM rate on the basic judgment sum.

Commodity Trading Fee

For SME Customer

RM3.50 for every RM1.0million of financing amount on a pro-rated basis.

For Non-SME Customer

RM7.00 for every RM1.0 million of financing on a pro-rated basis.

Redemption statement fee

RM50 per request

Security document retrieval fee

(request for photocopy)

RM 2 per page (min. RM10 and max. RM60)

• For Non-SME, the maximum capping does not apply

Additional financing statement fee

RM10 per request

• For Non-SME, there will be additional RM2 per page if statement is for one year or lesser; or RM5 per page if statement is more than a year

Early settlement charges

(via reducing rebate)

Actual cost not recovered:

• Cost not recovered due to discount elements at initial period; and/or
• Initial cost not recovered (e.g. zero moving cost)

Changes to approved terms and conditions that has been accepted by Customer

RM300 per request

• Applicable for customer initiated changes only.
• Applicable for Non-SME only
  

​Stamp Duty

As per Stamp Duty Act 1949 (including any revisions made to it)

Legal and Disbursement Fee

Solicitor fee as per the Solicitor’s Remuneration Order 2005 (including any revisions made to it) including fees for registration of charge, land search, bankruptcy search, related government tax and other tax or levy as per the scale fees charged by the respective authorities

​OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

• Applicable for Non-SME only

Compensation Charges for Late Payment (Ta’widh)

1% or IIMM rate

A) For default instalment payment(s) during facility tenure = 1% p.a. on the overdue amount;

B) For default causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);

C) For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);

D) For default payment after court judgment has been obtained against you = BNM IIMM rate on the basic judgment sum.

Commodity Trading Fee

For SME Customer

RM3.50 for every RM1.0million of financing amount (and its equivalent in another currency e.g. USD3.50/ USD 1.0million) on a pro-rated basis for tenure of 22 days and above.

For Non-SME Customer

RM7.00 for every RM1.0 million of financing amount (and its equivalent in another currency e.g. USD7.00/ USD 1.0million) on a pro-rated basis for tenure of 22 days and above.

Note: In the event where the facility currency and fee settlement currency is different, the exchange rate used by the commodity trading platform provider shall apply.

Early Settlement charges

(via reducing rebate)

Actual cost not recovered:

• Cost not recovered due to discount elements at initial period; and/or
• Initial cost not recovered (e.g. zero moving cost)
• Business loss (if any)

​Stamp Duty

As per Stamp Duty Act 1949 (including any revisions made to it)

Legal and Disbursement Fee

Solicitor fee as per the Solicitor’s Remuneration Order 2005 (including any revisions made to it) including fees for registration of charge, land search, bankruptcy search, related government tax and other tax or levy as per the scale fees charged by the respective authorities

​OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

• Applicable for Non-SME only

​Compensation Charges for Late Payment (Ta’widh)

​1% or IIMM rate

A) For default instalment payment(s) during facility tenure = 1% p.a. on the overdue amount;

B) For default causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);

C) For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);

D) For default payment after court judgment has been obtained against you = BNM IIMM rate on the basic judgment sum.

Commodity Trading Fee

For SME Customer

RM3.50 for every RM1.0million of financing amount on a pro-rated basis.

For Non-SME Customer

RM7.00 for every RM1.0 million of financing on a pro-rated basis.

Additional Statement  fee

RM10 per request

• For Non-SME, there will be an additional RM2 per page is statement is for a period of one year or less than a year and RM5 per page if statement is more than a year

Security Documents Retrieval fee

(Request for photocopy)

RM 2 per page (min. RM10 and max. RM60)

• For Non-SME, the maximum capping does not apply

Changes to approved terms and conditions that has been accepted by the customer

RM300 per request

• Applicable for Customer initiated changes only

Request on reinstatement of suspended banking facilities

RM300 per request

• Applicable for Non-SME only

Early Settlement charges

(via reducing rebate)

Actual cost not recovered:

• Cost not recovered due to discount elements at initial period; and/or
• Initial cost not recovered (e.g. zero moving cost)

​Stamp Duty

As per Stamp Duty Act 1949 (including any revisions made to it)

​Legal and Disbursement Fee

Solicitor fee as per the Solicitor’s Remuneration Order 2005 (including any revisions made to it) including fees for registration of charge, land search, bankruptcy search, related government tax and other tax or levy as per the scale fees charged by the respective authorities

​OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

• Applicable for Non-SME only

Compensation Charges for Late Payment (Ta’widh)

1% or IIMM rate

A) For default instalment payment(s) during facility tenure = 1% p.a. on the overdue amount;

B) For default causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);

C) For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);

D) For default payment after court judgment has been obtained against you = BNM IIMM rate on the basic judgment sum.

Stamp Duty

As per Stamp Duty Act 1949 (including any revisions made to it)

Documentation charges

RM200

Applicable for Non-SME only

OA / OR / ROC searches – for registration of charge and land search, bankruptcy search

Charges as per actual amount incurred

Applicable for Non-SME only

Legal and Disbursement Fee

Solicitor fee as per the Solicitor’s Remuneration Order 2005 (including any revisions made to it) including fees for registration of charge, land search, bankruptcy search, related government tax and other tax or levy as per the scale fees charged by the respective authorities

Compensation Charges for Late Payment (Ta’widh)

1% or IIMM Rate

A) For default instalment payment(s) during facility tenure = 1% p.a. on the overdue amount;

B) For default causing the facility to be terminated or brought to court = 1% p.a. on the outstanding balance (outstanding principal plus accrued profit);

C) For default payment after expiry of facility tenure = BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);

D) For default payment after court judgment has been obtained against you = BNM IIMM rate on the basic judgment sum.

Trade Services-i

https://www.hlisb.com.my/en/personal-i/help-support/fees-and-charges/trade-service-i.html