Fees

Exchange list
Business category Type Fees and Charges Remarks
Exports L/C advice fee
  • 25,000 KRW for advice through the Bank's form
  • 15,000 KRW for advice by EDI
  • 30,000 KRW for L/C loss report
 
L/C Transfer fee
  • 20,000 KRW per transaction
  • Transfer LC amend
    • Amount amend : 20,000 KRW per transaction
    • Other amend : 15,000 KRW per transaction
 
L/C confirmation fee 0.45% ~ 3.20% p.a.by Credit Grade US$30 (minimum)
Trading services commission From 1M LIBOR + 1.50% to 12M LIBOR + 3.00% ± credit spread By period
Discrepancy rate Trading services commission + 1.5%  
Export bill negotiation handling fee 20,000 KRW per item  
Imports Fee for opening an L/C 0.35% ~ 1.75% p.a. by Credit Grade 15,000 KRW (minimum)
Fee for amending the L/C conditions 10,000 KRW per item 15,000 KRW to increase the amount or to extend the expiry period (minimum)
Acceptance fee 0.40% ~ 3.70% p.a. by Credit Grade 15,000 KRW (minimum)
Fee for issuing the letter of guarantee (LG) 10,000 KRW per item  
Fee for the letter of guarantee 3% p.a. 10,000 KRW (minimum)
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