Fi & Caj - Perkhidmatan Perdagangan-i

Perkhidmatan Perdagangan-i

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
1. LETTER OF CREDIT-i (LC-i) – in RM 2.00 p.m.
1.1. Pre-advice
Cost of Wire

By SWIFT

RM40.00 flat

After completed pre advice, full LC-i issuance charges willbe imposed

Telefax (if any)

 

RM2.00 flat

If customer requested to fax the copy of the advice to them.

1.2. Issuance

Stamp Duty (if any)

 

RM10.00

 

Cost of Wire

By SWIFT

• RM35.00 (Local)

• RM80.00 (Foreign)

 

Cost of Wire

By Courier

Courier company’s rate

 

Postage

 

RM5.00 flat per issuance

 

Telefax (if any)

 

RM2.00 flat

If customer requested to  fax the copy of theadvice to them
1.3. Amendment

Cost of Wire 

By SWIFT 

• RM20.00 (Local) • RM40.00 (Foreign)

 

Cost of Wire 

By Courier 

Courier company’s rate

 

Postage 

 

RM5.00 flat per amendment

 

Telefax (if any)

 

RM2.00 flat 

If customer requested to  fax the copy of theadvice to them.
1.4. Cancellation

Service Charge 

 

RM50.00 flat 

There will be no refund of commission

Cost of Wire 

By SWIFT/Telex – local /  foreign

RM30.00 per message

 

Postage 

 

RM5.00 flat per 

cancellation

 

Telefax (if any) 

 

RM2.00 flat 

If customer requested to  fax the copy of theadvice to them

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
2. SHIPPING GUARANTEE-i (SG-i) – in RM 2.00 p.m.
2.1. Issuance
Stamp Duty (if any)

 

RM10.00

Stamp Duty RM10 as per item 23 First Schedule of Stamp Act 1949. 

Postage

 

RM5.00 flat

 

Telefax (if any)

 

RM2.00 flat

If customer requested to  fax the copy of theadvice to them
2.2. Cancellation (If SG-i is not returned within 3 months from date of issuance)

Telefax (if any)

 

RM2.00 flat 

If customer requested to  fax the copy of theadvice to them.
2.3. Endorsement of Bill of Lading (B/L) or Airway Bills (AWB) OR Parcel Receipt or Railway Receipt – in RM

Commission

 

0.10% flat on invoice 

value. 

• Min RM50.00 

• No maximum

 

Stamp Duty

 

RM10.00

 

Postage 

 

RM5.00 flat

 

Telefax (if any) 

 

RM2.00 flat 

If customer requested to fax the copy of theadvice to them

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
3. INWARD BILLS UNDER LETTER OF CREDIT-i (IBLC-i) – in RM

RENTAS – 12:00 PM 

NON-RENTAS – 2:00 PM

3.1. If documents are presented through another Bank
Service Charge

 

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

 

Service Charge (if any)

Involved Foreign 

Currency Current Account

RM10.00 or its equivalent per transaction  

Cheque Processing Fee (if any)

 

RM0.50 per cheque

 

Cost of Wire

By SWIFT

RM30.00 per payment

 
Postage   RM5.00 flat  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of theadvice to them
3.2. If documents are presented directly to HLISB by the LC-i Beneficiary

Service Charge

 

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

 
Service Charge(if any) Involved Foreign Currency Current Account RM10.00 or its equivalent per transaction  
Cheque Processing Fee (if any)  

RM0.50 per cheque

 

 
Cost of Wire By SWIFT RM30.00 per payment  
Postage   RM5.00 flat  
Documents Handling Fee   RM50.00 flat (To deduct from proceeds)  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of theadvice to them

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
4. USANCE BILLS UNDER LETTER OF CREDIT-i (UBLC-i) – in RM

RENTAS – 12:00 PM 

NON-RENTAS – 2:00 PM

4.1. If documents are presented through another Bank
Cheque Processing Fee (if any)

 

RM0.50 per cheque

 

Service Charge

 

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

 

Service Charge (if any)

Involved Foreign 

Currency Current Account

RM10.00 or its equivalent per 

transaction

 

Cost of Wire

By SWIFT

RM30.00 per payment

 
Postage   RM5.00 flat  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of theadvice to them
4.2. If documents are presented directly to HLISB by the LC-i Beneficiary

Cheque Processing Fee (if any)

 

RM0.50 per cheque

 
Service Charge  

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

 
Service Charge(if any) Involved Foreign Currency Current Account RM10.00 or its equivalent per transaction  
Cost of Wire By SWIFT RM30.00 per payment  
Postage   RM5.00 flat  
Documents Handling Fee   RM50.00 flat (To deduct from proceeds)  
Telefax (if any)   RM2.00 flat If customer requested to  fax the copy of theadvice to them

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
5. TRUST RECEIPT-i – in RM

RENTAS – 12:00 PM 

NON-RENTAS – 2:00 PM

5.1. Upon Creation
Cheque Processing Fee (if any)

 

RM0.50 per cheque

 

Service Charge

 

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

 

Service Charge (if any)

Involved Foreign 

Currency Current Account

RM10.00 or its equivalent per 

transaction

 
Stamp Duty   RM10.00 flat  

Cost of Wire

By SWIFT

RM30.00 per payment

 
Postage   RM5.00 flat  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of theadvice to them

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
6. ACCEPTANCE BILLS-i (AB-i) (SALE AND PURCHASE)

RENTAS – 12:00 PM 

NON-RENTAS – 2:00 PM

6.1. Upon Creation
Cheque Processing Fee (if any)

 

RM0.50 per cheque

 

Service Charge

 

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

 

Service Charge (if any)

Involved Foreign 

Currency Current Account

RM10.00 or its equivalent per 

transaction

 

Cost of Wire

By SWIFT

RM30.00 per payment

 
Postage   RM5.00 flat  
Handling Fee   RM100.00 per AB-i Purchase (If AB-i Purchase for face value of  less than RM100,000)

• Not applicable to  AB-i Purchase to finance import purchase under LC i or supported by Inward Documentary Collections. 

• Not applicable to  AB-i Sale

Telefax (if any)   RM2.00 flat If customer requested to  fax the copy of theadvice to them
Trading Fee  

• For SME Customer – RM 3.50 for every RM1.0 million of financing amount on a pro-rated basis 

• For Non-SME  Customer – RM 7.00 for every RM 1.0 million of financing amount on a pro rated basis.

• Applicable for AB-i  Sale

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
7. INVOICE FINANCING-i (IVF-i) – in RM

RENTAS – 12:00 PM 

NON-RENTAS – 2:00 PM

7.1. Upon Creation
Cheque Processing Fee (if any)

 

RM0.50 per cheque

 

Service Charge

 

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

 

Service Charge (if any)

Involved Foreign 

Currency Current Account

RM10.00 or its equivalent per 

transaction

 

Cost of Wire

By SWIFT

RM30.00 per payment

 
Postage   RM5.00 flat  
Handling Fee  

RM100.00 per IVF-i

• if IVF-i invoice value  is less than RM50,000 

• Not applicable to  IVF-i to finance import purchases under own LC-i or supported by inward / outward documentar collections channelled through HLISB)

Telefax (if any)   RM2.00 flat If customer requested to  fax the copy of theadvice to them
Trading Fee  

• For SME Customer – RM 3.50 for every RM1.0 million of financing amount on a pro-rated basis. 

• For Non-SME  Customer – RM 7.00 for every RM 1.0 million of financing amount on a pro rated basis.

 

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
8.  Bank Guarantee-i (BG-i) – in RM

WITHOUT 

STAMPING - 

2:00 PM (same day turnaround)
 

WITH STAMPING - 

2:00 PM (turnaround within 2 working days)

8.1. Issuance of Financial Guarantee-i
Stamp Duty(if any)

 

RM10.00

Stamp Duty RM10 as per Item 23  First Schedule of Stamp Act 1949

Postage   

RM5.00 flat

 

Telefax (if any)

 

RM2.00 flat

If customer requestedto fax the copy of the advice to them.
8.2. Issuance of Non-Financial Gurantee-i
Stamp Duty (if any)   RM10.00 Stamp Duty RM10 as per Item 23 First Schedule of Stamp Act 1949
Postage   RM5.00 flat  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them.
8.3. Issuance Under Cash Margin / Hong Leong Term Deposit-i (HLTD-i)
Stamp Duty (if any)   RM10.00 Stamp Duty RM10 as per Item 23 First Schedule of Stamp Act 1949
Postage   RM5.00 flat  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them
8.4. BG-i that cannot be cancelled on expiry date
Service Charge   RM 50.00 for each reminder sent to beneficiary of the BG-i Service charge per reminder is charged on the applicant’s amount.
Cost of Wire Courier Courier company’s counter rate  
Telefax (if any)   RM 2.00 flat If customer requested to fax the copy of advice to them.
8.4. Amendment (if related to extension of the validity or increase in the amount of the BG-i)
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of theadvice to them
8.5. Amendment (if not related to extension of the validity or increase in the amount of the BG-i) 
Service Charge   RM20.00  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them.
8.6. Passing on the Issuing Authentication without any engagement on HLISB part
Service Charge   RM50.00  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
9. OUTWARD BILLS FOR COLLECTION-i (OBC-i) – in RM

2:00 PM

9.1. Upon Settlement
Commission

 

0.10% flat on bill amount  

• Min RM50.00 

• Max RM150.00

 

Cost of Wire (if any) By SWIFT RM30.00 per message  

Cost of Wire

By Courier Courier company’s rate  

Postage

 

RM5.00 flat

 
Documents Handling Fee  

RM50.00 flat 

(applicable to bills 

under LC-i only)

 

 
Service Charge (if any) Involved Foreign Currency Current Account RM10.00 or its equivalent per transaction  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them
9.2. Documents released ‘Free of Payment’ to Drawee
Service Charge   RM50.00 flat  
Cost of Wire (if any) By SWIFT RM30.00 per message  
Cost of Wire By Courier Courier company’s rate  
Postage   RM5.00 flat  
Documents Handling Fee   RM50.00 flat (applicable to bills under LC-i only)  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them
9.3. Holding Fee if remains unpaid after 2 months grace period (Calculated from the issuance date)
Service Charge   RM10.00 flat  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them
9.4. After collection process, documents returned to us due to non-payment or non-acceptance
Commission  

0.10% flat on bill amount

• Min RM50.00

• Max RM150.00

 
Cost of Wire(if any) By SWIFT RM30.00 per message  
Cost of Wire By Courier Courier company’s rate  
Postage   RM5.00 flat  
Documents Handling Fee   RM50.00 flat (applicable to bills under LC-i only)  
Service Charge (if any) Involved Foreign Currency Current Account RM10.00 or its equivalent per transaction  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
10. INWARD BILLS FOR COLLECTION-i (IBC-i) – in RM

RENTAS – 12:00 PM

NON-RENTAS – 2:00 PM

10.1.Acknowledgement
Cost of Wire

By SWIFT (MT410)

RM30.00

 

10.2. Upon Settlement
Commission For bills denominated in foreign currency

0.10% flat.

• Min RM50.00

• Max RM150.00

 
For bills denominated in local currency

0.10% flat.

• Min RM50.00

• Max RM500.00

 
Cheque Processing Fee (if any)   RM0.50 per cheque  
Service Charge  

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

 
Service Charge(if any) Involved Foreign Currency Current Account RM10.00 or its equivalent per transaction  
Cost of Wire By SWIFT RM30.00 per payment  
Postage   RM5.00 flat  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them
10.3. Redirecting of documents to another Bank with HLISB liabilities fully discharged or release documents free of payment to Drawee without going through collection process
Service Charge   RM50.00 flat  
Cost of Wire By SWIFT RM30.00 per message  
Cost of Wire By Courier Courier company’s rate  
Postage   RM5.00 flat  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them
10.4. Holding Fee if remains unpaid after 2 months grace period (Calculated from issuance date)
Service Charge  

RM10.00 flat

 
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them
10.5.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
Service Charge   RM50.00 flat  
Cost of Wire By SWIFT RM30.00 per message  
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

Type of Services Additional Info Fees / Charges(In RM) Remarks    Cut-off time for transaction to be processed
11. ONSHORE FOREIGN CURRENCY FINANCING-i (OFCF-i) – in RM 

2:00 PM

11.1.Upon Creation 
Cheque Processing Fee (if any)

 

RM0.50 per cheque 

 

Service Charge   

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 

 
Service Charge(if any) Involved Foreign Currency Current Account RM10.00 or its equivalent per transaction  
Cost of Wire By SWIFT

RM30.00 per message 

 
Postage  

RM5.00 flat 

 
Telefax (if any)   RM2.00 flat If customer requested to fax the copy of the advice to them
Trading Fee  

• For SME Customer

RM 3.50 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

RM 7.00 for every RM 1.0 million of financing amount (and its equivalent in another currency e.g. USD7.00/USD 1.0 million) on a pro-rated basis

 

Note

• All fees, commission, charges and other monies payable shall be exclusive of and subject to any Government Tax, where applicable. • Trade Transaction Status is accessible via Hong Leong ConnectFirst Trade inquiry module and information displayed is on real-time basis. • Turnaround time for Inwards Payments - Estimated timeframe for crediting of funds received is One (1) working day.

 

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