|
Imports
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 24 |
For establishing an Import Letter of Credit/ Revolving Letter of Credit/ Letter of Credit covering imports of goods on deferred payment terms/ Back to Back letter of credit and Reinstatement charges (upon the reinstatement under a Revolving letter of Credit)
|
- 0.35% for the first quarter
- 0.15% p.m. thereafter
(Min. Rs. 1500.00)
- Usance
- 1.5% p.a. or part thereof
- For LC amount exceeding INR 5.00 crore commission @ 0.40% p.a. or part thereof.
(Min. Rs. 2000.00)
(These charges i.e. @ 0.40% p.a. are applicable on the entire LC amount whenever the LC amount exceeds Rs. 5 crore)
Charges applied for actual number of days per annum basis.
|
a.Sight
- 0.35% for the first quarter
- 0.15% p.m. thereafter
(Min. Rs. 1500.00)
- Usance
- 1.5% p.a. or part thereof
- For LC amount exceeding INR 5.00 crore commission @ 0.40% p.a. or part thereof.
(Min. Rs. 2000.00)
(These charges i.e. @ 0.40% p.a. are applicable on the entire LC amount whenever the LC amount exceeds Rs. 5 crore)
Charges applied for actual number of days per annum basis.
|
| 25 |
In case of a Letter of Credit established against 100% cash deposit as Security.
|
25% of the charges as mentioned in Serial No 24
|
25% of the charges as mentioned in Serial No 24
|
| 26 |
STANDBY LETTER OF CREDIT
|
Discontinued
Included under point 81
|
Discontinued
Included under point 81
|
| 27 |
Extension of validity of LC
|
Rs.1000/- per amendment plus charges applicable as per point 24
|
Rs.1000/- per amendment plus charges applicable as per point 24
|
| 28 |
In case of enhancement of value of credit
|
Rs.1000.00 per amendment
In case of enhancement of the value of a letter of credit, charges as per point No. 24 for establishing a letter of credit shall be recovered for the additional amount, for the remaining period.
In case of both enhance of value of Credit and extension of validity for a particular LC at a time, amendment charges will be recovered for one event. Other charges shall be recovered as per norms.
|
Rs.1000.00 per amendment
In case of enhancement of the value of a letter of credit, charges as per point No. 24 for establishing a letter of credit shall be recovered for the additional amount, for the remaining period.
In case of both enhance of value of Credit and extension of validity for a particular LC at a time, amendment charges will be recovered for one event. Other charges shall be recovered as per norms.
|
| 29 |
In case of amendment extending the tenor of the Bills of Exchange
|
Rs.1000.00 amendment charges In the case of amendment altering the tenor of the Bill of Exchange, additional charges as per point no 24 shall be collected on the outstanding liability under the LC
|
Rs.1000.00 amendment charges In the case of amendment altering the tenor of the Bill of Exchange, additional charges as per point no 24 shall be collected on the outstanding liability under the LC
|
| 30 |
Amendment other than extension of validity or enhancement of tenor of the bill of exchange
|
Rs.1000.00 per amendment.
|
Rs.1000.00 per amendment.
|
| 31 |
For revival of expired LCs within 3 months for the date of expiry
|
Any revival or reinstatement of an expired LC shall be at the option of the bank but within 3 months from the date of expiry and shall be subject to recovery of charges as per point 24 from the date of expiry upto the validity period of the revival Letter of Credit.
|
Any revival or reinstatement of an expired LC shall be at the option of the bank but within 3 months from the date of expiry and shall be subject to recovery of charges as per point 24 from the date of expiry upto the validity period of the revival Letter of Credit.
|
| 32 |
Letter of Comfort issued for availing Buyer’s Credit
|
Facility Discontinued as of now as per RBI directives.
|
Facility Discontinued as of now as per RBI directives.
|
| 33 |
Deferred Imports
Commission on Letter of Credit covering import of goods on deferred payment terms involving payments beyond a period of six months from the date of shipment over a period of time as defined in Exchange Control.
|
|
LC Amount
|
% per quarter
|
|
Upto 1 crore
|
0.25
|
|
>1 crore upto 5 crore
|
0.18
|
|
>5 crore
|
0.10
|
Calculated on the amount of liability under such credit at the beginning of every quarter.
Note: Charges will be recovered as mentioned above on the basis of LC amount coming under the particular slab. (For example, if LC amount is Rs. 4 crore, then charge will be @ 0.18% on entire amount.)
|
|
LC Amount
|
% per quarter
|
|
Upto 1 crore
|
0.25
|
|
>1 crore upto 5 crore
|
0.18
|
|
>5 crore
|
0.10
|
Calculated on the amount of liability under such credit at the beginning of every quarter.
Note: Charges will be recovered as mentioned above on the basis of LC amount coming under the particular slab. (For example, if LC amount is Rs. 4 crore, then charge will be @ 0.18% on entire amount.)
|
| 34 |
If the validity period of a Letter of Credit covering import on deferred payment terms is extended.
|
Flat amendment commission of Rs. 750/-, However, for any amendment extending the validity of the letter of Credit beyond 3 month period, commission at the applicable rate shall be recovered.
|
Flat amendment commission of Rs. 750/-, However, for any amendment extending the validity of the letter of Credit beyond 3 month period, commission at the applicable rate shall be recovered.
|
| 35 |
Amendment Enhancement
|
When the amount of an import letter of credit covering import on deferred payment terms is enhanced, commission at the applicable rate shall be recovered on the amount so enhanced. Note: For purposes of levying charges under this Rule value of each enhancement will ordinarily be considered separately without adding it to the outstanding liability of the letter of credit. However, branches may, at their discretion “add” the value of enhancement to outstanding liability of the letter of credit for purpose of levying charges depending upon the circumstances of each case.
|
When the amount of an import letter of credit covering import on deferred payment terms is enhanced, commission at the applicable rate shall be recovered on the amount so enhanced. Note: For purposes of levying charges under this Rule value of each enhancement will ordinarily be considered separately without adding it to the outstanding liability of the letter of credit. However, branches may, at their discretion “add” the value of enhancement to outstanding liability of the letter of credit for purpose of levying charges depending upon the circumstances of each case.
|
| 36 |
Credit Opinion Report
|
Actual cost of report
|
Actual cost of report
|
| 37 |
Shipping Guarantee for clearance of goods pending production of bill of lading.
- Relating to imports under LCs opened by the banks
|
Flat Rs. 1000.00 per Shipping Guarantee
0.05% p.m. for the period of guarantee, Minimum Rs. 1000.00
|
Flat Rs. 1000.00 per Shipping Guarantee
0.05% p.m. for the period of guarantee, Minimum Rs. 1000.00
|
| 38 |
Foreign currency Import bills under LC at the time of crystallization or retirement whichever is earlier
( where exchange benefit accrues)
|
0.125% of the bill amount-
Minimum of Rs. 1000.00 – Maximum Rs. 25000.00
|
0.125% of the bill amount-
Minimum of Rs. 1000.00 – Maximum Rs. 25000.00
|
| 39 |
Foreign currency bills under LC where no exchange benefit accrues
|
0.25% of the bill amount.
Minimum of Rs. 1000.00 – Maximum Rs. 30000.00
|
0.25% of the bill amount.
Minimum of Rs. 1000.00 – Maximum Rs. 30000.00
|
| 40 |
Discrepancy charges in case of non-confirming documents under LC
|
USD 50, EUR 50, GBP 50, JPY 5000 for LCs issued in USD, EUR, GBP and JPY; respectively. For all other currencies equivalent to USD 50.
|
USD 50, EUR 50, GBP 50, JPY 5000 for LCs issued in USD, EUR, GBP and JPY; respectively. For all other currencies equivalent to USD 50.
|
| 41 |
Import bill (not under LC) drawn in foreign currency on which bank earns exchange benefit.
|
0.15% of the bill amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 25000.00
|
0.15% of the bill amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 25000.00
|
| 42 |
Import bill (not under LC) drawn in rupees and in foreign currency on which bank earns no exchange benefit.
|
0.30% of the bill amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 50000.00
|
0.30% of the bill amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 50000.00
|
| 43 |
For foreign currency import bill required to be forwarded to another bank required for remitting proceeds to the remitting bank abroad
|
Rs. 1000.00 per bill as handling charges
|
Rs. 1000.00 per bill as handling charges
|
| 44 |
For each bill received by importer directly from the overseas exporter/bank at the time of effecting remittance.
Where exchange benefit accrues to the bank
|
0.125% of the bill amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 10000.00
|
0.125% of the bill amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 10000.00
|
| 45 |
For each bill received by importer directly from the overseas exporter/bank at the time of effecting remittance.
Where no exchange benefit accrues to the bank
|
0.20% of the bill amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 25000.00
|
0.20% of the bill amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 25000.00
|
| 46 |
Import documents covering project imports under Inter-Government Aid Scheme and Schemes (including projects those financed by International Agencies like World Bank, IMF, ADB etc.) where no LC is opened.
|
To be charged as applicable on import bills as per point no. 41, 42, 44 and 45.
|
To be charged as applicable on import bills as per point no. 41, 42, 44 and 45.
|
| 47 |
If foreign currency remittances are received in advance from the overseas buyer, and the specific request of merchanting trade customer hold the foreign currency funds in their Nostro A/C without converting the amount into Indian Rupee till the date of payment to the overseas supplier & the bank would not apply buying and selling rate of exchange.
Serial 41
|
Discontinued
( We have charged for Merchanting Trade transaction separately)
|
Discontinued
( We have charged for Merchanting Trade transaction separately)
|
| 48 |
Issuance of Delivery Order pending receipt of Import Bill ( document not under LC)
|
Rs. 1000.00 per delivery order.
|
Rs. 1000.00 per delivery order.
|
| 49 |
Advance remittance against imports
Where exchange benefit accrues to the bank
|
0.15% of the remittance amount.
Minimum of Rs. 500.00 – Maximum of Rs. 10000.00
|
0.15% of the remittance amount.
Minimum of Rs. 500.00 – Maximum of Rs. 10000.00
|
| 50 |
Advance remittance against imports
Where no exchange benefit accrues to the bank
|
0.20% of the remittance amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 15000.00
|
0.20% of the remittance amount.
Minimum of Rs. 1000.00 – Maximum of Rs. 15000.00
|
| 51 |
Net off/Set off of import bills against export of goods.
Other than these charges, no Import Bill collection charges to be recovered.
|
Rs. 2000.00 per bill.
|
Rs. 2000.00 per bill.
|
| 52 |
Custody charges for overdue import bills
|
Rs. 500.00 per bill per quarter or part thereof, after the due date.
(Overdue charges will be recovered at the end of every quarter. However, pro rata charges to be taken in first quarter and in the quarter when bill is realized)
|
Rs. 500.00 per bill per quarter or part thereof, after the due date.
(Overdue charges will be recovered at the end of every quarter. However, pro rata charges to be taken in first quarter and in the quarter when bill is realized)
|
| 53 |
Follow up for submission of BOE
|
Rs. 500.00 per bill of entry per quarter after 90 days from the date of transaction/remittance.
This charge will be applicable from 01.04.2019 onwards.
|
-1. Advance remittance for Import - Rs. 1000.00 if the BOE is not submitted within 180 days from the date of last remittance.
-2. Payment against Import Bill- Rs.1000 per bill of entry if not submitted within 90 days from the date of remittance.
(Charges to be recovered at the time of submission of Bill of Entry)
|
| 54 |
Merchanting trade transactions for Import transaction
(Other than applicable charges for import bill i.e. collection charges, overdue charges, etc.)
|
Flat Rs. 500.00 per import bill
|
Flat Rs. 500.00 per import bill
|
| 55 |
Counter signing/ Co-acceptance/ Availisation of Import bills
|
0.085% per month for the tenor of bills subject to minimum of 0.25%.
|
0.085% per month for the tenor of bills subject to minimum of 0.25%.
|
| 56 |
Recovery of commission in lieu of exchange on import bills payment of which are settled out of foreign currency loans arranged abroad, foreign currency accounts and EEFC accounts
|
Discontinued.
No commission in lieu of exchange to be charged in case import bills (under LC or otherwise) are realized out of foreign currency loans arranged abroad/ buyers credit.
No extra charge to be taken in case of EEFC funds too.
|
Discontinued.
No commission in lieu of exchange to be charged in case import bills (under LC or otherwise) are realized out of foreign currency loans arranged abroad/ buyers credit.
No extra charge to be taken in case of EEFC funds too.
|
| 57 |
IMPORT BILLS FOR COLLECTION
Usually in respect of foreign currency collection bills the bank shall be entitled to exchange and commission. If for any reason the bank is required to forward the documents to another bank which will be required to remit the proceeds to the remitting bank abroad.
|
Discontinued.
Already covered under point no 43
|
Discontinued.
Already covered under point no 43
|
|
Outward Remittances other than Imports
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 58 |
Outward remittance in foreign currency for Non-individuals (other than advance payment against import)
Where exchange benefit accrues to the bank
|
0.10% of the transaction amount.
Minimum of Rs. 500.00 – Maximum Rs. 5000.00
|
0.10% of the transaction amount.
Minimum of Rs. 500.00 – Maximum Rs. 5000.00
|
| 59 |
Outward remittance in foreign currency for Non-individuals (other than advance payment against import)
Where no exchange benefit accrues to the bank
|
0.25% of the transaction amount.
Minimum of Rs. 1000.00 – Maximum Rs. 10000.00
|
0.25% of the transaction amount.
Minimum of Rs. 1000.00 – Maximum Rs. 10000.00
|
| 60 |
Outward remittance in foreign currency under LRS and remittance from NRO accounts
|
Rs. 500.00 – up to Rs. 25000.00
Rs. 750.00 – above Rs. 25000.00
|
Rs. 500.00 – up to Rs. 25000.00
Rs. 750.00 – above Rs. 25000.00
|
| 61 |
Outward remittance in foreign currency from NRE account
|
Rs. 500.00 – up to Rs. 25000.00
Rs. 750.00 – above Rs. 25000.00
|
Rs. 500.00 – up to Rs. 25000.00
Rs. 750.00 – above Rs. 25000.00
|
| 62 |
Issuance of Foreign Currency Demand Draft
|
For Individuals - Rs. 500.00 per draft
For Non-Individuals – 0.10% of the instrument amount (min. Rs. 500.00 – max. Rs. 5000.00)
0.25% for non-individual where exchange benefit does not accrue to the bank (min. Rs. 1000.00 – max. Rs 10000.00)
|
For Individuals - Rs. 500.00 per draft
For Non-Individuals – 0.10% of the instrument amount (min. Rs. 500.00 – max. Rs. 5000.00)
0.25% for non-individual where exchange benefit does not accrue to the bank (min. Rs. 1000.00 – max. Rs 10000.00)
|
| 63 |
Cancellation of Demand Draft
|
Rs. 100.00 per draft
|
Rs. 100.00 per draft
|
| 64 |
Issue of Foreign Currency Travellers Cheques commission
|
1% on rupee equivalent payable by the customer.
|
1% on rupee equivalent payable by the customer.
|
| 65 |
Where at the request of the beneficiary, foreign currency travelers cheques are issued by the Authorised Dealers against foreign currency remittances received from abroad.
|
0.25%
(Min.Rs.200.00)
|
0.25%
(Min.Rs.200.00)
|
| 66 |
Payment of foreign currency draft by the drawee bank by issuing their own draft in the same currency in favour of the beneficiary bank with whom the relative foreign currency amount is to be deposited in a FCNR account.
|
Rs. 500.00 per draft
|
Rs. 500.00 per draft
|
|
Inward Remittances other than Exports
|
|
Sr. No.
|
Services
|
Existing charges
|
Proposed Charges
|
| 67 |
Inward Remittances
|
Nil where proceeds are to be credited to our account.
In all other cases – Rs. 100.00
|
Nil where proceeds are to be credited to our account.
In all other cases – Rs. 100.00
|
| 68 |
Commission on Clean Instruments sent for collection abroad
|
0.1% of the instrument amount
(min. Rs. 250.00 – max. Rs. 5000.00)
|
0.1% of the instrument amount
(min. Rs. 250.00 – max. Rs. 5000.00)
|
| 69 |
Foreign currency instruments favouring resident beneficiary and sent for collection in India
|
Discontinued
Already included in point 68
|
Discontinued
Already included in point 68
|
| 70 |
Charges for dishonoured of clean instruments sent on collection
|
0.1% of the instrument amount
(min. Rs. 250.00 – max. Rs. 2000.00)+ any cost/charges incurred by our correspondent
|
0.1% of the instrument amount
(min. Rs. 250.00 – max. Rs. 2000.00)+ any cost/charges incurred by our correspondent
|
| 71 |
Encashment of TTs/ purchase of MTs/ DDs in respect of which cover has been received in NOSTRO accounts
|
NIL, since cover has been received in NOSTRO accounts.
|
NIL, since cover has been received in NOSTRO accounts.
|
| 72 |
Where the inward remittance has to be paid in foreign currency by way of a Demand Draft/ Mail Transfer/ Payment Order/ Telegraphic Transfer
|
Discontinued.
Already covered at point 65
|
Discontinued.
Already covered at point 65
|
| 73 |
Where the inward remittance has to be executed in foreign currency by issuing a demand draft/ mail transfer/ payment order/ telegraphic transfer commission shall be recovered from beneficiary/ beneficairy’s bank as the case may be.
|
0.1% min. Rs. 500.00 and max Rs. 5000.00
|
0.1% min. Rs. 500.00 and max Rs. 5000.00
|
| 74 |
Follow-up of submission of export documents against advance remittance
|
Rs. 500.00 per remittance per quarter after one year from the date of receipt of advance.
Not applicable for export orders to be executed on deferred terms.
|
-Advance remittance received up to 31.12.2018 – Nil
-Advance remittance received on or after 01.01.2019 – Rs.250 per remittance per quarter after one year from the date of receipt of advance.
Not applicable for export orders to be executed on deferred terms.
(Charges to be recovered at the end of every quarter. However, pro rata charges to be taken in first quarter and in the quarter when bill is realized)
|
|
Foreign Bank Guarantees
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 75 |
Export performance guarantees for Project Exports which include:
- Bid-bond
- Bond for earnest money
- Guarantee for advance payment made by foreign buyers to Indian exporters/contractors
|
|
Guarantees covered by ECGC cover to the extent of 75%
|
1.25% p.a. including ECGC premia
|
|
Guarantees covered by ECGC cover to the extent of 90%
|
1.30% p.a. including ECGC premia
|
|
Guarantees covered by counter guarantee of the GOI
|
0.30% p.a.
|
|
Guarantees not covered by ECGC/GOI counter guarantee
|
1.00% p.a.
|
Commission in respect of Bid Bonds: Commission for issuing bid bonds for supplies to projects carried out abroad shall be recovered to the extent of 25% thereof for the full period of validity of the bonds at the time of issue. If the bid materializes the balance 75% of the commission shall be recovered, else the commission previously collected will be refunded..
|
|
Guarantees covered by ECGC cover to the extent of 75%
|
1.25% p.a. including ECGC premia
|
|
Guarantees covered by ECGC cover to the extent of 90%
|
1.30% p.a. including ECGC premia
|
|
Guarantees covered by counter guarantee of the GOI
|
0.30% p.a.
|
|
Guarantees not covered by ECGC/GOI counter guarantee
|
1.00% p.a.
|
Commission in respect of Bid Bonds: Commission for issuing bid bonds for supplies to projects carried out abroad shall be recovered to the extent of 25% thereof for the full period of validity of the bonds at the time of issue. If the bid materializes the balance 75% of the commission shall be recovered, else the commission previously collected will be refunded.
|
| 76 |
Export Performance Guarantee (other than Project Exports) covering:
- Bid Bond, etc.
- Export Obligations in terms of import trade control regulations
Guarantees linked to deemed exports
|
0.10% p.m. for the specified period of liability. For any part of the month, the period will be reckoned as full month. A month will be considered to have 30 days.
In case of early redemption of the guarantees beyond a period of 3 months from the date of issue, 50% of the commission for the unexpired period i.e. from the date of redemption to the expiry date shall be refunded.
Commission for issuing bid bonds for supplies connected with deemed export/direct exports other than project exports shall be recovered to the extent of 25% thereof for the full period of validity of the bonds at the time of issue. If the bid materializes the balance 75% of the commission shall be recovered, else the commission previously collected will be refunded.
|
0.10% p.m. for the specified period of liability. For any part of the month, the period will be reckoned as full month. A month will be considered to have 30 days.
In case of early redemption of the guarantees beyond a period of 3 months from the date of issue, 50% of the commission for the unexpired period i.e. from the date of redemption to the expiry date shall be refunded.
Commission for issuing bid bonds for supplies connected with deemed export/direct exports other than project exports shall be recovered to the extent of 25% thereof for the full period of validity of the bonds at the time of issue. If the bid materializes the balance 75% of the commission shall be recovered, else the commission previously collected will be refunded.
|
| 77 |
Deferred Payment Guarantees covering import of goods into India/repayment of foreign currency loans
|
0.50% per quarter or part thereof for the specified period of liability calculated on the amount of liability under such guarantees at the beginning of every quarter.
Minimum charges for a quarter to be charged.
|
0.50% per quarter or part thereof for the specified period of liability calculated on the amount of liability under such guarantees at the beginning of every quarter.
Minimum charges for a quarter to be charged.
|
| 78 |
Advising of Guarantee
|
Rs. 500.00 per advice
|
Rs. 500.00 per advice
|
| 79 |
Enhancement of Value/ Extension of Tenor of the Guarantee
|
Charges as per point no. 75,76 and 77 are applicable.
|
Charges as per point no. 75,76 and 77 are applicable.
|
| 80 |
Guarantees issued against 100% cash margin/ 100% counter guarantee of the GOI
|
25% of the charges as per point no. 75,76 and 77 applicable.
|
25% of the charges as per point no. 75,76 and 77 applicable.
|
| 81
|
Standby Letter of Credit against trade credits
From the date of opening of LC to last date of its validity including usance period.
|
-1.8% p.a. or part thereof.
-Min. Rs. 2000.00
-A month to comprise of 30 days and a year of 360 days.
|
-Below INR 5 Crore - 1 % p.a. or part thereof
- INR 5 Crore & above – 0.40% p.a. These charges i.e. @ 0.40% p.a. are applicable on the entire SBLC amount whenever the SBLC amount exceeds Rs.5 crore.
|
|
81a Standby Letter of Credit others
|
-1.8% p.a. or part thereof.
-Min. Rs. 2000.00
-A month to comprise of 30 days and a year of 360 days.
|
No change
|
| 82 |
All other guarantees
|
0.15% per month for the specified period of liability
Where the guarantee period is less than 2 months, commission recoverable shall be 0.25%.
In case of early redemption of the guarantee after a period of 2 months.
50% of the commission for unexpired period may be refunded at the discretion of bank.
|
0.15% per month for the specified period of liability
Where the guarantee period is less than 2 months, commission recoverable shall be 0.25%.
In case of early redemption of the guarantee after a period of 2 months.
50% of the commission for unexpired period may be refunded at the discretion of bank.
|
| 83 |
Minimum charges for any guarantee shall be
|
Discontinued
|
Discontinued
|
|
Overseas Direct Investment
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 84 |
Processing of ODI transaction including generation of UIN
|
Rs. 10000.00 per UIN. (one time charges)
In addition to this, charges for the remittance will be levied as applicable.
|
Rs. 10000.00 per UIN. (one time charges)
In addition to this, charges for the remittance will be levied as applicable.
|
|
Foreign Direct Investment
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 85 |
Processing of (FCGPR, FCTR (to be taken at the time of first reporting to RBI like Annex 6)
|
Rs. 10000.00 (one time charges- where funds have been received by Bank of Baroda)
Rs. 25000.00 (one time charges- where funds have been received by other banks)
In addition to this, charges for the remittance will be levied as applicable.
|
Rs. 10000.00 (one time charges- where funds have been received by Bank of Baroda)
Rs. 25000.00 (one time charges- where funds have been received by other banks)
In addition to this, charges for the remittance will be levied as applicable.
|
|
Project Export Approvals
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 86 |
Approval for Project Exports
|
Rs. 5000.00 per project. (one time charges) at the time of granting approval.
In addition to this, charges for the remittance will be levied as applicable.
|
Rs. 5000.00 per project. (one time charges) at the time of granting approval.
In addition to this, charges for the remittance will be levied as applicable.
|
|
External Commercial Borrowing
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 87 |
ECB (Form 83 Scrutiny)
|
Rs. 5000.00 per LRN. (one time charges) where loan is arranged from Bank of Baroda
Rs. 10000.00 per LRN (one time charges) where loan is arranged from other sources/banks.
In addition to this, charges for the remittance will be levied as applicable.
|
Rs. 5000.00 per LRN. (one time charges) where loan is arranged from Bank of Baroda
Rs. 10000.00 per LRN (one time charges) where loan is arranged from other sources/banks.
In addition to this, charges for the remittance will be levied as applicable.
|
|
Establishing Warehouses/ Setting up Liaison/ Branch Offices
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 88 |
Setting up liaison/branch offices in India
|
Rs. 10000.00 per request
|
Rs. 10000.00 per request
|
| 89 |
Establishing warehouses/ offices abroad
|
Rs. 10000.00 per request
|
Rs. 10000.00 per request
|
| 90 |
Opening of accounts abroad
|
Rs. 2000.00 per request
|
Rs. 2000.00 per request
|
|
Forward Contracts
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 91 |
Charges for Booking of forward contracts
|
Rs. 500.00 per contract
|
Rs. 500.00 per contract
|
| 92 |
Charges for Early Delivery/Extension of Forward Contracts Including NRIs)
Cancellation of forward contract
|
Rs. 500.00 per contract
Nil
|
Rs. 500.00 per contract
Nil
|
| 93 |
Booking of forward sale contract in respect of import bills drawn under letter of credit opened by another bank. (Where an importer has arranged for fixation of a forward contract with a bank other than the one through whom the letter of credit has been opened).
|
0.15% commission in lieu of exchange in addition to swap cost and interest from the date of negotiation till the date of credit of proceeds in the Bank’s Nostro a/c (min Rs. 1000.00)
|
0.15% commission in lieu of exchange in addition to swap cost and interest from the date of negotiation till the date of credit of proceeds in the Bank’s Nostro a/c (min Rs. 1000.00)
|
|
Miscellaneous Charges
|
|
Sr. No.
|
Services
|
Existing Charges
|
Proposed Charges
|
| 94 |
Swift Charge
|
Rs. 500.00 for every SWIFT message
|
Rs. 500.00 for every SWIFT message
|
| 95 |
Courier Charges
|
Dispatches outside India – Rs. 1000.00 or actual whichever is higher; per document
Dispatches within India – Rs. 250.00 per document
|
Dispatches outside India - Rs. 1200.00 per document
Dispatches within India – Rs. 250.00 per document
|
| 96 |
Processing of applications /representation to RBI
|
Rs. 500.00 per application/representation.
|
Rs. 500.00 per application/representation.
|
| 97 |
Issuance of NOC for permitted cases in respect of capital account transactions
|
Rs. 1000.00 per NOC
|
Rs. 1000.00 per NOC
|
| 98 |
Transfer of existing UIN/LRN to other AD
|
Rs. 5000.00 per transfer
|
Rs. 5000.00 per transfer
|
| 99 |
Non submission of APR/ proof of ODI/FCGPR/FCTRS/ARF/ Project Export progress report
|
Rs. 2500.00 on a half yearly basis
|
Rs. 2500.00 on a half yearly basis
|