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currency denominated payment guarantee | Payment guarantee fee | 1.0% p.a. ±credit spread by corporation | 15,000 KRW (minimum) |
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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 |
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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 |