| Charge Description | Pricing | Remarks | ||
|---|---|---|---|---|
| Export Letter of Credit | LC Advising | Advising fee for export L/C | KRW25,000 (per transaction) | If beneficiary pays, |
| KRW15,000 (per transaction) | If beneficiary pays via electronic method (EDI, E-LC and other) | |||
| USD30 | If applicant pays for SCB Group | |||
| USD125 | If applicant pays for Latin America | |||
| USD100 | If applicant pays for other regions | |||
| KRW30,000 (per handling) | Lost export L/C registration fee (including re-issuance) | |||
| Confirmation fee | Refer to Remarks |
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| Transfer L/C | Transfer fee for export L/C | KRW20,000 (per transaction) | overseas transfer fee, KRW30,000 | |
| Fee for amendment after transfer | KRW20,000 (per handling) | Change of amount | ||
| KRW15,000 (per handling) | Other amendments | |||
| Purchase L/C | At sigh negotiation Discount interest | Discount Interest of the negotiation date and standard postal delivery period applied for collection | ||
| Usance negoication Discount interest | Time sight draft |
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| Issuance date time draft and stated date draft |
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| Others | Discrepancy Rate | Discount Interest + 1.5% | ||
| Telegraphic charge for Enquiry message | KRW10,000 | |||
| Telegraphic charge for Nego Tracer | KRW8,000 | Automatic tracer for non-payment | ||
| Courier via DHL | Differential rate by region and weight | |||
| Negotiation of Export Bills | Nego | Negotiation Fee | 0.20% | Minimum KRW10,000 Negotiating export bills denominated in KRW (including cases of collection) |
| Handling fee for negotiation of export bill of exchange | KRW20,000 per handling | |||
| Spread for tenor extension for non-L/C-based usance export bill | Spread of 1.5% | For first tenor extension | ||
| Spread of 1.5% from the first tenor extension | For second tenor extension | |||
| Renego Export bills | In the case of negotiation at sight | Exchange Commission | 1M Term SOFR + 1.6% p.a | Minimum fee for spread is USD100 |
| Payment Commission | 0.05% | |||
| Discrepancy fee | USD30 | It is charged when discrepancy is found and rectified by the Bank | ||
| Telegraphic charge | USD25 | |||
| Postal charge | USD20 | |||
| Additional handing fee | USD30 (Maximum USD50) |
It will be charged in addition to interest for overdue days if deposit is delayed for period in excess of discount interest days with notification of discrepancy by the issuing bank. Provided, however, that it is confined to cases where overdue interest is USD10 or more. | ||
| In the case of collection handling | Handling fee | USD60 | ||
| Payment Commission | 0.10% | CBN (Credit Bill Negotiation) Without recorse | ||
| Telegraphic charge | USD25 | |||
| Postal charge | USD20 | |||