SERVICES OFFERED BY BANK

DETAILS / CHARGE

COLLECTIONS

Bills paid in Instalments

$50.00 each instalment

Certification of transfer of title of goods

$40.00 per set

Collection commission - Documentary

< $25,000 – 1%, Min $50.00, ¾% on excess balance

Collection commission – Clean

$50.00 per set

Delivery Order and Airway Bill
(received after main set of documents)

$50.00 each

Cheques on Collection

Up to $500 - $10.00 + $5.00 postage or $50.00 cable costs
> $500 - $30.00 + $5.00 postage or $50.00 cable costs

Endorsement of shipping documents

$40.00 per set

Extending due date or altering tenor of bill

$50.00 each

Holding commission – Sight Bills

$50.00 per month or part thereof per item

Holding commission – Matured Bills

$50.00 per month commencing immediately after maturity

Insurance of Goods

$5.00 per $100 per month or part thereof

Parcel Post notice
(received after main set of documents)

$25.00 per notice

Payment of Agent’s commission

$30.00 per payment

Protesting Fee

$10.00 + legal costs

Reshipping of Goods

$150.00 + holding and return chgs

Bill for Acceptance

$40.00

Return Charge

$50.00 per Bill + costs

Shipping Guarantee - Lost Bill of Lading

0.1% for first 3 months or part thereof, min $50.00
$40.00 for each additional month; expiry one year after issue date.

Indemnity – Airway Bill

0.1% for first 3 months or part thereof, min $50.00
$40.00 for each additional month; expiry one year after issue date.

Storage of Goods

$50.00 flat rate + costs

Performance Bonds (Transfer to Loans)

2% per annum, Min $50.00

Airmail charges

$5.00 per advice / letter

Providing listing of outstanding Bills at customer’s request

$40.00

Cable / Telex / Fax

Region - $30.00
Outside region - $50.00