Fees

Exchange list
currency denominated payment guarantee Payment guarantee fee 1.0% p.a. ±credit spread by corporation 15,000 KRW (minimum)
Fee for amending conditions 15,000 KRW per item Increasing the amount or extending the expiry
Fee for amending other conditions 10,000 KRW per item Amending conditions other than increasing the amount or extending the expiry
Fees for issuing certificates Purchase confirmation issuance fee 10,000 KRW per item 5,000 KRW via EDI
Export/import performance issuance fee 2,000 KRW per copy  
Foreign currency purchase certificate issuance fee 1,000 KRW per copy  
Others In-lieu-of commission 0.1% for the in-lieu-of amount Interbank in-lieu-of charge : 0.05%
Foreign currency cash handling feee
  • USD, JYP: 1.5%
  • Other currencies: 2.5%
  • Coins (purchase): 50.0%
 
Postage charges Express delivery 8,000 - 22,000 KRW Depends on the region
Air Mail 1,500 - 4,500 KRW Depends on the region and weight
Telecommunication charge Telegraphic transfer 8,000 KRW Remittance check
Amendment of L/C conditions 10,000 KRW Includes inquiry messages
L/C opening KRW 20,000 for sight
KRW 30,000 for usance
Assuming 150 characters, 210 characters or less
Special L/C opening KRW 40,000 Assuming 390 characters or less
Negotiation tracer KRW 8,000 per item  
Travelers Cheque Sales fee 0.7% of sales amount Charged only when paid in foreign currency other than KRW
Sales commission fee 0.55% of sales amount  
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