Fees & Charges - Trade Service-i

Trade Service-i

Description Commission Service Charge Stamp Duty Cost of Wire Postage Others Remarks
LETTER OF CREDIT-i (LC-i)

Pre- advice

 

NIL

 

NIL

 

NIL

 

RM40.00 flat (by SWIFT)

 

NIL

Telefax –

 

RM2.00 flat if Customer requested to fax the copy of advice to them.

After completed pre-advice, full

LC-i issuance charges will be imposed.

Issuance

 

NIL

RM10.00

(if any)

RM35.00 (Local)

 

 

RM80.00 (foreign)

by SWIFT

Courier company’s rate (by courier)

RM5.00 flat per issuance

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

Amendment

 

NIL

NIL

RM20.00 (Local)

 

RM40.00 (foreign)

by SWIFT

Courier company’s rate (by courier)

RM5.00 flat per amendment

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

Cancellation

 

RM50.00 flat.

   NIL

RM30.00 per message (by SWIFT / telex – local / foreign).

RM5.00 flat per cancellation

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

 

 

 

Description

Commission

Service Charge

Stamp Duty

Cost of Wire

Postage

Others

Remarks

 

SHIPPING GUARANTEE-i (SG-i)

Issuance

 

NIL

RM20.00

NIL

 

 

 

 

 

RM5.00 flat

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

Cancellation (If SG-i is not returned within 3 months from date of issuance)

 

 

NIL

NIL

NIL

 

 

NIL

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

 

ENDORSEMENT OF BILL OF LADING (B/L) OR AIRWAY BILLS (AWB) OR PARCEL RECEIPT OR RAILWAY RECEIPT

Advance endorsement of B/L or AWB or parcel Receipt or railway Receipt prior to receipt of original documents

0.1% flat on invoice value.

 

Min RM50.00

No maximum

 

 

NIL

 

 

 

 

RM10.00

 

 

 

 

NIL

 

 

 

 

 

 

 

RM5.00 flat

 

 

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

Description

Commission

Service Charge

Stamp Duty

Cost of Wire

Postage

Others

Remarks

 

INWARD BILLS UNDER LETTER OF CREDIT-i (IBLC-i)

If Documents Are Presented Through Another Bank

 

RENTAS payment (see remarks)

Or

RM2.00 per Inter-Bank Giro (IBG) payment,

Or

RM2.00 per Inter-Branch direct credit,

And

RM10.00 or its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i)

NIL

RM30.00 per SWIFT payment

RM5.00 flat

 

 

RM0.50 cheque processing fee

(if any)

 

Telefax –

RM 2.00 flat if Customer requested to fax the copy of advice to them.

 RENTAS payment

 a) SME – RM5.00

 b) Non-SME

  •   RM14.00 (1st party)
  •   RM15.00 (Bank to Bank)

If Documents Are Presented Directly To HLISB by the LC-i Beneficiary

 

RENTAS payment (see remarks)

 

Or

 

RM2.00 per Inter-Bank Giro (IBG) payment,

 

Or

 

RM2.00 per Inter-Branch direct credit,

 

And

 

RM10.00 or

Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency

Current Account-i (FCCA-i)

NIL

RM30.00 per SWIFT payment.

RM5.00 flat

 

 

 

Documents handling fee – RM50.00 flat (to deduct from proceeds)

 

 

RM0.50 cheque processing fee

(if any)

 

Telefax -RM2.00 flat if Customer requested to fax the copy of advice to them

 RENTAS payment

 a) SME – RM 5.00

 b) Non-SME

  •  RM 14.00 (1st party)
  •  RM 15.00 (Bank to Bank)

Description

Commission

Service Charge

Stamp Duty

Cost of Wire

Postage

Others

Remarks

 

USANCE BILLS UNDER LETTER OF CREDIT-i (UBLC-i)

If Documents Are Presented Through Another Bank

 

RENTAS payment (see remarks)

 

Or

 

RM2.00 per Inter-Bank Giro (IBG) payment,

 

Or

 

RM2.00 per Inter-Branch direct credit,

 

And

 

RM10.00 or

Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i)

 

RM30.00 per SWIFT payment

RM5.00 flat

 

RM0.50 cheque processing fee

(if any)

 

 

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them

RENTAS payment

 a) SME – RM 5.00

 b) Non-SME

  • RM14.00 (1st party)
  •  RM15.00 (Bank to Bank)
     
  • Commission will be charged upon acceptance.
     
  • Other charges, if any, will be charged upon settlement.

 

 

 

 

 

 

 

 

 

 

 

If Documents Are Presented Directly To HLISB by the LC-i Beneficiary

 

 

RENTAS payment (see remarks)

 

Or

 

RM2.00 per Inter-Bank Giro (IBG) payment,

 

Or

 

RM2.00 per Inter-Branch direct credit,

 

And

 

RM10.00 or Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i)

 

 

 

 

RM30.00 per SWIFT payment

RM5.00 flat

 

 

Documents handling fee - RM50 flat

(to deduct from proceeds)

 

 

RM0.50 cheque processing fee

(if any)

 

 

 

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

 RENTAS payment

a)  SME -RM5.00

 

b)  Non-SME

 

  • RM14.00(1st party)
  • RM15.00 (bank to bank)

 

  • Commission will be charged upon acceptance.
  • Other charges, if any will be charged upon settlement.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description

Commission

Service Charge

Stamp Duty

Cost of Wire

Postage

Others

Remarks

TRUST RECEIPT-i (TR-i) 

 

Upon Creation

 

 

RENTAS payment (see remarks)

 

Or

 

RM2.00 per Inter-Bank Giro (IBG) payment,

 

Or

 

RM2.00 per Inter-Branch direct credit,

 

And

 

RM10.00 or Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i)

 

 

RM10.00 flat

RM30.00 per SWIFT payment

RM5.00 flat

 

 

RM0.50 cheque processing fee

(if any)

 

 

 

Telefax -RM2.00 flat if Customer requested to fax the copy of advice to them

 RENTAS payment

 

 a) SME-RM5.00

 

 b) Non-SME

 

  • RM14.00 (1st party)
  •   RM15.00 (bank to bank)

 

  • Commission will be charged upon acceptance.

 

  • Other charges, if any, will be charged upon settlement.

 

Compensation charges

Applicable after expiry or maturity of facility tenure.

 

  • For default payment exceeding tenure:

 

­ BNM Islamic Interbank Money Market (IIMM) rate x Net Proceed Amount x 1/ 365.

 

  • For default payment where judgment amount has been awarded by the court:

 

­ IIMM rate x Judgment sum x 1/365

 

Description

Commission

Service Charge

Stamp Duty

Cost of Wire

Postage

Others

Remarks

ACCEPTED BILLS-i (AB-i)(SALE & PURCHASE)

 

Upon Creation

 

RENTAS payment (see Remarks)

 

Or

 

RM2.00 per Inter-Bank Giro (IBG) payment,

 

Or

 

RM2.00 per Inter-Branch direct credit,

 

And

 

RM10.00 or

Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i)

 

RM30.00 per SWIFT payment

RM5.00 flat

RM0.50 per cheque processing fee (if any)

 

 

Telefax -RM2.00 flat if Customer requested to fax the copy of advice to them.

 

 

Trading Fee (applicable for AB-i Sale only)

 

Note: The revised Commodity Trading fee for AB-i Sale to be effected from 1st December 2023:-

 

 

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 amount on a pro-rated basis.

 RENTAS payment

 

a) SME - RM5.00

 

b) Non-SME

  

  • RM14.00 (1st party)
  • RM15.00 (bank to bank
     
  • Processing Fee of RM100.00 per AB-i Purchase for face value of less than RM100,000 and not applicable to AB-i Purchase to finance import/ purchase under LC-i or supported by Inward Documentary Collections.

 

  • The Processing Fee is not applicable to AB-i Sale.

 

 

Compensation charges

Applicable after expiry or maturity of facility tenure.

  • For default payment exceeding tenure:


­ BNM Islamic Interbank Money Market (IIMM) rate x Net Proceed Amount x 1/ 365.

 

  • For default payment where judgment amount has been awarded by the court;
     

IIMM rate x Judgment sum x 1/365

 

Description

Commission

Service Charge

Stamp Duty

Cost of Wire

Postage

Others

Remarks

HONG LEONG INVOICE FINANCING-i (IVF-i)

 Upon Creation

 

 

 

 

 

 

 

RENTAS payment:

(See remarks)

 

Or

 

RM 2.00 per Inter-Bank Giro (IBG) payment;

 

Or

 

RM 2.00 per Inter-Branch direct credit.

 

And

 

RM10.00 or its equivalent per transaction, if involved Foreign Currency Current Account-i, waived for (FCCA-i)

 

RM30.00 per SWIFT payment

RM5.00 flat

RM0.50 per cheque processing fee (if any)

 

Telefax - RM2.00 flat if Customer requested to fax the copy of advice to them.

 

Trading Fee

Note: The revised Commodity Trading fee for IVF-i to be effected from 1st December 2023:-

 

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 amount on a pro-rated basis.

 

 

 

 RENTAS payment

 

a) SME- RM5.00

 

b)  Non-SME

    

  •  RM14.00 (1st party)
  •  RM15.00 (bank to bank)

 

  • Processing Fee of RM 100.00 per IVF-i (if IVF-i invoice value is less than RM 50,000) and not applicable to IVF-i to finance import purchases under own LC-i or supported by inward/ outward documentary collections channeled through HLISB.

 

Compensation charge

Applicable after expiry or maturity of facility tenure.

 

  • For default payment exceeding tenure:
     

­ BNM Islamic Interbank Money Market (IIMM) rate x Net Proceed Amount x 1/ 365.

 

  • For default payment where judgment amount has been awarded by the court;
     

IIMM rate x Judgment sum x 1/365

Description

Commission

Service Charge

Stamp Duty

Cost of Wire

Postage

Others

Remarks

BANK GUARANTEE-i (BG-i)

 

Issuance of Financial Guarantee

 

NIL

RM20 if any.

NIL

RM5.00 flat

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

 

Compensation Charges

 

Applicable after Expiry or Maturity of Facility Tenure

 

  • For default payment exceeding tenure:
     

­ BNM Islamic Interbank Money Market (IIMM) rate x Net Proceed Amount x 1/ 365.

 

  • For default payment where judgment amount has been awarded by the court:
     

­ IIMM rate x Judgment sum x 1/365

 

Issuance of Non-Financial Guarantee

 

NIL

RM20 if any.

NIL

RM5.00 flat

 

 

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

Issuance Under Cash Margin / Hong Leong Term Deposit-i (HLTD-i)

 

NIL

RM20 if any.

NIL

RM5.00 flat

 

 

 Telefax –

 RM 2.00 flat if Customer requested to fax the copy of advice to them.

 

 

BG-i that cannot be cancelled on expiry date

 

RM50.00 for each reminder sent to the beneficiary of BG-i.

NIL

Courier charges for reminder as per courier company’s counter rate

NIL

Telefax –

RM 2.00 flat if Customer requested to fax the copy of advice to them.

Service charge per reminder is charged on the applicant’s amount.

Amendment (if related to extension of the validity or increase in the BG-i amount)

 

 

NIL

NIL

NIL

NIL

Telefax –

RM 2.00 flat if Customer requested to fax the copy of advice to them.

 

 Amendment (if not related to extension of the validity or increase in the BG-i amount)

 

RM 20.00

NIL

NIL

NIL

 Telefax –

 RM 2.00 flat if Customer requested to fax the copy of advice to them.

 

Passing on the Issuing Authentication without any engagement on HLISB part

 

 

RM 50.00

NIL

NIL

NIL

 Telefax –

RM 2.00 flat if Customer requested to fax the copy of advice to them.

 

Backdating of BG-i

 

RM 100.00 per month

NIL

NIL

NIL

Telefax-

 RM2.00 flat if Customer requested to fax the copy of advice to them.

 

Replacement of Lost of BG-i

 

RM 200.00

 

 

 

 

 

 

RM20 if any

NIL

RM5.00 flat

Telefax –

 

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

Description

Commission

Service Charge

Stamp Duty

Cost of Wire

Postage

Others

    Remarks

OUTWARD BILL FOR COLLECTION-i (OBC-i)

Upon Settlement

0.1% flat on bill amount

 

Min RM50.00

 

Max RM150.00

RM10 or its equivalent per transaction if involved Foreign Currency Current Account, waived for FCCA-i

NIL

Courier charges as per Courier company’s rate

 

SWIFT message –RM 30.00

(if any)

RM5.00 flat

Documents Handling fee –RM50.00 flat (applicable to bills under LC-i only)

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them.

 

Documents released

‘Free of Payment’ to

Drawee

NIL

RM50.00 flat

NIL

Courier charges as per Courier company’s rate

 

SWIFT message –RM 30.00 per Message(if any)

RM5.00 flat

 

Documents Handling fee –RM50.00 flat (applicable to bills under LC-i only)

 

Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them

 

Holding Fee

NIL

RM 10.00 flat

 

NIL

NIL

RM5.00 flat

 Telefax –

RM2.00 flat if Customer requested to fax the copy of advice to them

Applicable if OBC-i remains unpaid after 2 months grace period -calculated from the issuance date

After collection process, documents returned to us due to non-payment or non-acceptance

0.1% flat on bill amount

Min RM 50.00

Max RM 150.00

RM 10.00
or
 
its equivalent
per
transaction if
involved
Foreign
Currency
Account, WAIVED for Foreign Currency Current Account-i (FCCA-i)

NIL

Courier charges as per Courier company’s rate

 

SWIFT message –RM 30.00 per message (if any)

RM5.00 flat

 

 Documents Handling Fee – RM50 flat (applicable to bills under LC-i only)

 

 

Telefax –

 

RM2.00 flat if Customer requested to fax the copy of advice to them

 

Description Commission Service Charge Stamp Duty Cost of Wire Postage

Others

Remarks

INWARD BILL FOR COLLECTION-i (IBC-i)

Acknowledgement

NIL

NIL

NIL

RM30.00 per SWIFT (MT410)

NIL

NIL

 

Upon Settlement

0.1% flat.

For bills denominated in foreign currency -

Min RM 50.00

Max RM 150.00

 

 

For bills denominated in local currency -

Min RM 50.00 Max RM 500.00

RENTAS payment (See remarks)

Or

RM 2.00 per Inter-Bank Giro (IBG) payment;

 

Or

 

RM 2.00 per Inter-Branch direct credit.

 

And

RM10.00 or its equivalent per transaction, if involved Foreign Currency Current Account, waived for FCCA-i

NIL

RM30.00 per SWIFT payment

RM5.00 flat

RM0.50 cheque processing fee (if any)

And

Telefax –

 RM 2.00 flat if Customer requested to fax the copy of advice to them

RENTAS payment

 

a) SME-RM5.00

 

b) Non-SME 

  • RM14.00 (1st party)

  • RM15.00 (bank to bank)

Redirecting of documents to another Bank with our liabilities fully discharged or release documents free of payment to Drawee without going through collection process

NIL

RM50.00 flat

NIL

Courier charges as per Courier company’s rate
(if any)

RM 30.00 per SWIFT message
(if any)

RM5.00 flat

Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them

 

 

 

Protest

NIL

NIL

NIL

NIL

NIL

NIL

Strictly not allowed

Holding Fee

NIL

RM10.00 flat

 

NIL

 

NIL

NIL

Telefax –

RM 2.00 flat if Customer requested to fax the copy of advice to them.

Applicable if IBC-i remains unpaid after 2 months grace period-calculated from the issuance date

After collection process, documents returned to Drawer/Remitting Bank due to non-payment/non-acceptance by the Drawee or documents released to Drawee free of payment

NIL

RM50.00 flat

NIL

RM 30.00 per SWIFT message
(if any)

 

Telefax –

RM 2.00 flat if Customer requested to fax the copy of advice to them

 

 

ONSHORE FOREIGN CURRENCY FINANCING-i (OFCF-i)

Upon creation

 

RENTAS payment

(See remarks)

Or

RM2.00 per Inter-Bank Giro (IBG) payment,

Or

RM2.00 per Inter-Branch direct credit

And

RM10.00 or its equivalent per transaction if involved FCA, waived for FCCA-i

 

NIL

RM30.00 per swift payment

RM5.00 flat

 

RM0.50 cheque processing fee, if any

 

Telefax RM2.00 flat If Customer request to fax the copy of advice to them.

 

Trading Fee

Note: The revised Commodity Trading fee for OFCF-i to be effected from 1st December 2023:-

 

For SME Customer

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

 

RENTAS payment

a) SME - RM5.00

b) Non-SME

  • RM14.00 (1st party)
  • RM15.00 (Bank to Bank)

 

Compensation

Charges

  • For default payment after expiry of facility tenure

 

  • BNM Islamic Interbank Money Market (“IIMM”) rate on the outstanding balance (outstanding principal plus accrued profit);

 

  • For default payment post judgment
 
  • IIMM rate on the basic judgment sum.

Note:

i)         For Pricing / Commission, please refer to the Product Disclosure Sheet (PDS)

ii)        All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable.

iii)      Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis.

iv)      Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is one (1) working day.

For enquiries connect with us online or drop by your nearest Hong Leong Bank Branch.