Trade Service-i
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
LETTER OF CREDIT-i (LC-i) |
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Pre-Advice |
NIL | NIL |
NIL |
RM 40.00 (by SWIFT) |
Telefax – RM 2.00 flat if customer Requested to fax the copy of advice to them. | After completed pre-advice, full LC-i issuance charges will be imposed. |
Full Issuance |
0.1% per month or part thereof
Min RM 50.00
No maximum. |
NIL |
RM 10.00, if any. |
RM 35.00 (Local) RM 80.00 (Foreign) by SWIFT or Courier Company’s rate (by Courier). |
Postage – RM 5.00 flat per issuance
And
Telefax – RM 2.00 flat if customer requested to fax the copy of advice to them. |
|
Amendment |
If related to extension or increase in amount - 0.1% per month or part thereof,
Min RM50.00,
No maximum
If not related to extension or increase in amount - RM 50.00 flat. |
NIL |
NIL |
RM 20.00 (Local)
RM40.00 (Foreign) by SWIFT or Courier Company’s rate (by Courier). |
Postage - RM 5.00 flat per amendment
And
Telefax – RM 2.00 flat if customer Requested to fax the copy of advice to them. |
|
Cancellation |
NIL |
RM 50.00 flat. |
NIL |
RM 30.00 per message by SWIFT / telex – local / foreign). |
Postage - RM 5.00 flat per cancellation
And
Telefax – RM 2.00 flat if customer requested to fax the copy of advice to them. |
|
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
SHIPPING GUARANTEE-i (SG-i) |
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Issuance |
0.1% flat on invoice value
Min RM50.00,
No maximum. |
NIL |
RM 20.00 |
NIL |
Postage – RM 5.00 flat
And
Telefax – RM 2.00 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)
|
Additional 0.5% per annum, calculated on daily basis and collected monthly, from the 4th month until date of return of SG. No minimum |
NIL |
NIL |
NIL |
Telefax – RM 2.00 flat if customer requested to fax the copy of advice to them. |
Not applicable if SG-i is returned for cancellation within 3 months from date of issuance. |
ENDORSEMENT OF B/L OR AWB OR PARCEL RECEIPT OR RAILWAY RECEIPT |
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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 |
RM 10.00 |
NIL |
Postage – RM 5.00 flat
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
|
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
INWARD BILLS UNDER LETTER OF CREDIT-i (IBLC-i) |
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If Documents Are Presented Through Another Bank |
RM 5.00 commission per Bankers Cheque issued, if any.
|
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 Account, WAIVED for Foreign Currency Current Account-i (FCCA-i) |
RM 0.15 stamp duty per Bankers Cheque issued, if any. |
RM 30.00 per SWIFT payment. |
Postage – RM 5.00 flat
RM 0.50 per cheque processing fee, if any
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
RENTAS a) SME – RM 5.00 b) Non-SME
|
If Documents Are Presented Directly To HLISB by the LC-i Beneficiary |
Collection Commission of 0.1% flat
Min RM 50.00,
Max RM 150.00 (to deduct from proceeds)
And
RM 5.00 commission per Bankers Cheque issued, if any. |
RENTAS payment (see Remarks)
Or
RM 2.00 per Inter-Bank Giro (IBG) payment,
Or
RM 2.00 per Inter-Branch direct credit,
And
RM 10.00 or Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i) |
RM 0.15 stamp duty per Bankers Cheque issued, if any. |
RM 30.00 per SWIFT payment. |
Postage – RM 5.00 flat
And
Documents handling fee – RM 50.00 flat (to deduct from proceeds)
RM 0.50 per cheque processing fee, if any
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
RENTAS a) SME – RM 5.00 b) Non-SME
|
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
USANCE BILLS UNDER LETTER OF CREDIT-i (UBLC-i) |
||||||
If Documents Are Presented Through Another Bank |
Acceptance Commission of 0.1% per month or part thereof.
Min RM 50.00,
No maximum
And
RM 5.00 commission per Bankers Cheque issued, if any. |
RENTAS payment (see Remarks)
Or
RM 2.00 per Inter-Bank Giro (IBG) payment,
Or
RM 2.00 per Inter-Branch direct credit,
And
RM 10.00 or Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i) |
RM 0.15 stamp duty per Bankers Cheque issued, if any. |
RM 30.00 per SWIFT payment. |
Postage – RM 5.00 flat
RM 0.50 per cheque processing fee, if any
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
|
If Documents Are Presented Directly To HLISB by the LC-i Beneficiary |
Acceptance Commission of 0.1% per month or part thereof.
Min RM 50.00,
No maximum
And
Collection Commission of 0.1% flat
Min RM 50.00
Max RM 150.00 (to deduct from proceeds)
And
RM 5.00 commission per Bankers Cheque issued, if any. |
RENTAS payment (see Remarks)
Or
RM 2.00 per Inter-Bank Giro (IBG) payment,
Or
RM 2.00 per Inter-Branch direct credit,
And
RM 10.00 or Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i) |
RM 0.15 stamp duty per Bankers Cheque issued, if any. |
RM 30.00 per SWIFT payment. |
Postage - RM 5.00 flat
And
Documents handling fee – RM 50.00 flat (to deduct from proceeds)
RM 0.50 per cheque processing fee, if any
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
|
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
TRUST RECEIPT-i (TR-i) |
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Upon Creation |
If documents presented directly by Customer - 0.1% flat on bill amount
For bills denominated in foreign currency – Min RM 50.00, Max RM 150.00
For bills denominated in local currency
And
RM 5.00 commission per Bankers Cheque issued, if any. |
RENTAS payment (see Remarks)
Or
RM 2.00 per Inter-Bank Giro (IBG) payment,
Or
RM 2.00 per Inter-Branch direct credit,
And
RM 10.00 or Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i) |
RM 10.00 RM 0.15 stamp duty per Bankers Cheque issued, if any. |
RM 30.00 per SWIFT payment. |
Postage - RM 5.00 flat
RM 0.50 per cheque processing fee, if any
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
RENTAS a) SME – RM 5.00 b) Non-SME
Commission will be charged upon acceptance.
Other charges, if any, will be charged upon settlement.
Compensation Charges After Expiry or Maturity of Facility Tenure
For default payment exceeding tenure:
a. 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:
b. IIMM rate x Judgment sum x 1 / 365
Profit Rate
Islamic Financing Rate (IFR) + Customer Spread |
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
ACCEPTED BILLS-i (AB-i)(SALE & PURCHASE) |
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Upon Creation |
Acceptance Commission - Rate as specified in the Letter of Offer
Min RM 50.00
No maximum
And
RM 5.00 commission per Bankers Cheque issued, if any. |
RENTAS payment (see Remarks)
Or
RM 2.00 per Inter-Bank Giro (IBG) payment,
Or
RM 2.00 per Inter-Branch direct credit,
And
RM 10.00 or Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i) |
RM 10.00 RM 0.15 stamp duty per Bankers Cheque issued, if any. |
RM 30.00 per SWIFT payment. |
Postage - RM 5.00 flat
And
RM 0.50 per cheque processing fee, if any
And
Telefax – RM 2.00 flat if customer requested to fax the copy of advice to them.
Trading Fee (applicable for AB-i Sale ONLY)
|
RENTAS a) SME – RM 5.00 b) Non-SME
Processing Fee of RM 100.00 (applicable to AB-i Purchase Only)
If AB-i face value is less than RM 100,000 and not applicable to AB-i Purchase to finance import / purchases under LC-i
or
supported by Inward Documentary Collections.
The Processing Fee is not applicable to AB-i Sale.
Compensation Charges After Expiry or Maturity of Facility Tenure For default payment exceeding tenure:
a. 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:
b. IIMM rate x Judgment sum x 1 / 365
Profit Rate Islamic Cost of Fund (ICOF) + Accepted Commission |
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
HONG LEONG INVOICE FINANCING-i (IVF-i) |
||||||
Acceptance Commission - Rate as specified in the Letter of Offer
Min RM 50.00
No maximum
And
RM 5.00 commission per Bankers Cheque issued, if any. |
RENTAS payment (see Remarks)
Or
RM 2.00 per Inter-Bank Giro (IBG) payment,
Or
RM 2.00 per Inter-Branch direct credit,
And
RM 10.00 or Its equivalent per transaction, if involved Foreign Currency Account, WAIVED for Foreign Currency Current Account-i (FCCA-i) |
RM 0.15 stamp duty per Bankers Cheque issued, if any. |
RM 30.00 per SWIFT payment. |
Postage - RM 5.00 flat
And
RM 0.50 per cheque processing fee, if any
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them.
Trading Fee
|
RENTAS a) SME – RM 5.00 b) Non-SME
Processing Fee of RM 100.00 per IVF (if IVF-I INVOICE VALUE is less than RM 50,000 and not applicable to IVF to finance import purchases under own LC or supported by inward / outward documentary collections channeled through us).
Compensation Charges After Expiry or Maturity of Facility Tenure For default payment exceeding tenure:
a. 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:
b. IIMM rate x Judgment sum x 1 / 365
Profit Rate IVF-i ICOF + AC where, IVF ICOF = Effective Profit Rate (EPR) – AC |
|
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
BANK GUARANTEE-i (BG-i) |
||||||
Issuance of Financial Guarantee |
0.175% per month or part thereof or rate specified in the Letter of Offer
Min RM 50
No maximum
|
NIL |
RM 20.00 if any. |
NIL |
Postage – RM 5.00 flat
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
Compensation Charges After Expiry or Maturity of Facility Tenure For default payment exceeding tenure:
a. 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:
b. IIMM rate x Judgment sum x 1 / 365
|
Issuance of Non-Financial Guarantee-i |
0.1% per month or part thereof or rate specified in the Letter of Offer
Min RM 50.00
No maximum |
NIL |
RM 20.00 if any. |
NIL |
Postage – RM 5.00 flat
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
|
Issuance Under Cash Margin / Hong Leong Term Deposit-i (HLTD-i) |
Rate as specified above/ Letter of Offer
Min RM 200
No maximum |
NIL |
RM 20.00 if any. |
NIL |
Postage - RM 5.00 flat
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them.
|
|
BG-i that cannot be reversed on expiry date |
Same commission as per issuance rate charge from expiry date till return of BG or receipt of letter of discharge, whichever is earlier.
|
RM 50.00 for each reminder sent to the beneficiary of BG-i.
Fee chargeable on applicant’s account.
|
|
Courier charges as per Courier Company’s counter rate (Courier of reminder) |
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them. |
|
Amendment (if related to extension of the validity or increase in the amount of the BG-i) |
0.175% per month or part thereof or rate specified in the Letter of Offer
Min RM 50.00
No maximum
|
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 amount of the BG-i)
|
NIL |
RM 20.00 |
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
|
NIL |
RM 50.00 |
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 |
|
|
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them.
|
|
Replacement of lost of BG-i service charge |
RM 200.00 |
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
Outward Bill for Collection-i (OBC-i) |
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Upon Settlement |
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) |
Postage – RM 5.00 flat
Documents Handling Fee – RM 50.00 flat (applicable to bills under LC only)
and
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them |
|
Documents released ‘Free of Payment’ to Drawee |
NIL |
RM 50.00 flat |
NIL |
Courier charges as per Courier company’s rate
SWIFT message – RM 30.00 per Message (if any) |
Postage – RM 5.00 flat
And
Documents Handling Fee – RM 50.00 flat (applicable to bills under LC-i only)
and
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them |
|
Holding Fee |
NIL |
Holding Fee of RM 10.00 flat (if remains unpaid after 2 months grace period – calculated from issuance date) |
NIL |
NIL |
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them |
|
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) |
Postage – RM 5.00 flat
and
Documents Handling Fee – RM 50.00 flat (applicable to bills under LC-i only) and
Telefax – RM 2.00 flat if customer requested to fax the copy of advice to them |
|
Description |
Commission |
Service Charge |
Stamp Duty |
Cost of Wire |
Others |
Remarks |
---|---|---|---|---|---|---|
Inward Bill for Collection-i (IBC-i) |
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Acknowledgement |
|
|
|
RM 30.00 per SWIFT (MT410) |
|
|
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
And
RM 5.00 commission per Banker’s Cheque issued, if any |
RENTAS payment (see remarks)
Or
RM 2.00 per InterBank Giro (IBG) payment;
or
RM 2.00 per Inter-Branch Direct credit
and
RM 10.00 or its equivalent per transaction, if involved Foreign Currency
Account, WAIVED for Foreign Currency Current Account-i (FCCA-i) |
RM 0.15 stamp duty per Banker’s Cheque issued, if any |
RM 30.00 per SWIFT payment |
Postage – RM 5.00 flat
RM 0.50 cheque processing fee (if any)
And
Telefax – RM 2.00 flat if Customer requested to fax the copy of advice to them |
RENTAS a. SME – RM 5.00 b. Non-SME
|
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 |
RM 50.00 flat |
|
Courier charges as per Courier company’s rate
SWIFT message – RM 30.00 per Message (if any) |
Postage – RM 5.00 flat
Telefax – RM 2.00 flat if customer requested to fax the copy of advice to them |
|
Protest |
|
|
|
|
|
Strictly not allowed.
|
Holding Fee |
NIL |
Holding Fee of RM 10.00 flat (if remains unpaid after 2 months grace period – calculated from issuance date) |
NIL |
NIL |
Telefax – RM 2.00 flat if customer requested to fax the copy of advice to them. |
|
After collection process, documents returned to Drawer/ Remitting Bank due to nonpayment/ Non acceptance by the Drawee or documents released to Drawee free of payment |
NIL |
RM 50.00 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
Actual charges (protest fee or Other handling charge) incurred by the Notary Public. Please refer to Trade Services, H.O. if and when situation arises |
|
Avalisation Commission | 0.1% per month from avalisation date to expiry date. Min RM 50.00 |
|||||
Onshore Foreign Currency Financing-i (OFCF-i) |
||||||
Upon creation |
RM5.00 commission per Banker’s Cheque issued, if any |
RENTAS payment a) SME - RM5.00 b) Non-SME - RM14.00 (1st party) - RM15.00 (Bank to Bank)
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 (FCA), but WAIVED for Foreign Currency Current Account-i (FCCA-i)
|
RM0.15 stamp duty per Bankers Cheque issued, if any |
RM30.00 per swift payment, if any |
Postage –RM5.00 flat
RM0.50 per cheque processing fee, if any
And
Telefax RM2.00 flat If Customer request to fax the copy of advice to them.
And
Trading Fee
*Each non-USD transaction is converted to USD for the purposes of deriving the commodity trading fee, as the commodity trading fee is based on USD basis. This commodity trading fee is subject to the exchange rate that is used by the commodity trading platform provider.
|
Compensation Charges
|
Note: All fees & charges are subject to Government Tax, if applicable