Fees

Exchange list
Local L/C Fee for opening an L/C 0.35% ~ 1.75% by Credit Grade 10,000 KRW minimum
Fee for amending the L/C conditions 8,000 KRW per item  
Fee upon collection Amount X 0.1% 10,000 KRW (minimum) 30,000 KRW (maximum)
Fee for a lost report or a reissuance 30,000 KRW per item  
Negotiation interest Korean won : P ± credit spread by corporation Foreign currency: Trading services commission + 0.5% ± credit spread 8,000 KRW (minimum)
Discrepancy rate Negotiation interest + 0.5%  
Local L/C negotiation handling fee 10,000 KRW per item  
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