Business Banking

International Trade Account

INLAND • Issuance of various Export
A. Inland Letter of Credit Performance Certificates `2000 `1800 `1600
• LC Issuance p.a. 2.40% `2500 2.16% `2250 1.92% `2000 • ITT Nil Nil Nil
• LC Amendment IMPORT
• Non Financial Amendment `1000 `900 `800 A. Import letters of Credit
• Financial / Validity • LC Issuance 2% 2500 1.80% 900 1.60% 800
Amendment p.a. 2.40% `1000 2.16% `900 1.92% `800 • LC Amendment
B. Inland Bills under LC issued • Non Financial Amendment 1000 900 800
by us • Financial / Validity Amendment 2% 1000 1.80% 900 1.60% 800
• Document Retirement Charges `2000 `1800 `1600 B. Import Bills under LC
C. Inland Bills under collection • Document Retirement Charges 2000 1800 1600
• Bills received for / sent on C. Import Bills under Collection
collection 0.25% `2000 0.23% `1800 0.20% `1600 • Bills received on collection 1200 500 250
D. Inland Bills Discounting C. Direct Remittances
• Bills processing fee 0.25% `2000 0.25% `2000 0.21% `1700 • QTT 500 250 100
E. Miscellaneous E. Advance Remittances
• Overdue commission on • QTT 500 250 100
Inland Bills p.m. `500 450 400
F. Misellaneous
• Documents returned unpaid `1000 `900 `800
• Issuance of Delivery Order
• Discrepancy Handling Free `1000 `900 `800
• Under Letters of Credit 2000 1800 1600
EXPORTS • Not under Letters of credit p.m. 0.15 2000 0.11% 1400 0.09% 1200
• Overdue commission on
A. Export letters of Credit
• Import Bill - collin p.a/ 250 225 200
• Export LC Advising `1000 `500 `250
• Retirement of crystallised
• Advising amendments `500 `250 `100
import bills 0.15% 1000 0.105% 700 0.09% 600
• LC and Amendment advising
• Discrepancy handing fee to
- applicant (USD) `50 `45 `40
bene’s a/c (USD) 75 68 60
• LC transfer `2000 `1800 `1600 • Discrepancy handing fee to
LC Confirmation (base on applicant’s a/c 2500 2250 2000
Country - Bank Risk) • Documents returned unpaid
Charges base on Country - (USD) 100 90 80
Bank Risk
G. Commission in lieu of Exchange
B. Export Document • (INR Bills, payments made out
• Document handling charges `1200 `500 `250 of EEPFC accounts, Fcy Loans,
( Negotiation / Purchase / Forward contract booked
Collection / Advance Payment with other banks etc.) 1000 500 250
C. Commission in Lieu of exchange
• (Applicable for Export Bills GUARANTEES
denominated in INR, contracts A. Financial Guarantees Allahabad, Amritsar, Bhopal, Bhubaneshwar,
with other banks, Fcy • Issuance p.a. 3% 2500 2.70% 2250 2.40% 2000 Chandigarh, Cochin/ Ernakulam, Coimbatore, Indore,
Remittances for other purposes) `1000 `500 `250 • Amendments
Jaipur, Jalandhar, Kanpur, Lucknow, Ludhiana,
D. Export Loans ( Pre and Poster • Non Financial 1000 900 800
Nagpur, Patna, Rajkot, Surat, Vadodara
Shipment) • Enhancement / Extension p.a. 3% 1000 2.70 900 2.40 800
• Grant of loans `2000 `1800 `1600 B. Performance Guarantees Ahmadabad, Bangalore, Chennai, Delhi, Hyderabad,
• Extention of loans `2000 `1800 `1600 • Issuance p.a. 2.40 2500 2.16 2250 1.92 2000 Kolkata, Mumbai, Pune
• Comm, on liquidation of PC out • Amendments
of Direct Inward Remittance `1000 `900 `800 • Non Financial 1000 900 800 Gurgaon & Naida
• Comm, on liquidation of PC by • Enhancemtn / Extension p.a. 2.40 1000 2.16 900 1.92% 800
proceeds received in INR from Jalgaon, Guwahati, Cuttack, Mysore,
OTHERS
other banks 0.15% `1000 0.14% `900 0.12% Thiruvananthapuram, Vishakhapatnam, Proddatur,
E. Miscellaneous services Other Charges Dehradun, Mathura, Saharanpur, Siliguri Version - Nov 2016
• Past the comm. on Export • Telex - Full LC 2000 1800 1600
Bills (per quarter) `250 `225 `200 • Telex - Other International (Swift) 500 250 Free
• Indemnity issued for bills • Telex - within the country 250 225 200 customercare.business@sc.com
negotiated by another bank under • Intra City Courier 100 90 80 www.sc.com/in
reserve (under restricted LC) 3% `500 2.70% `450% 2.40% `400 • International Courier 1500 750 500
• Return of export documents • Postage within the country 50 45 40
- Handling charges `1000 `900 `800 • Postage Overseas 750 675 600
• Issue of GR waiver `2500 `2250 `2000 • FIRC Issuance charge Nil Nil Nil
Remittance of Agency • Fee for application made to RBI
• Commission / Export Claim 0.25% `2000 0.23& `1800 0.20% `1600 on client behalf and follow
• Charges on Extension of tenor `2000 `1800 `1600 up there of 1500 1350 1200
• Bank Realization Certificate 100 100 100 In case of unresolved grievances email us at: head.service@sc.com
MINIMUM TRADE THROUGHPUT • Cheque collection • Balance Enquiry / All kind of Please Note:
Other currencies (min `121) 0.28% 0.28% 0.28% enquiry request FREE FREE FREE • Standard Chartered Bank, India, has produced this brochure to keep you informed of
Quarterly Trade Throughtput (QTP) `25 Lacs `50 Lacs `100 Lacs
• Other Foreign Currency Cheque • Logistic services - if register for Same as Same as Same as our broad range of services.
Trade Non-Maintenance Charges
(Min.fee `(100) 0.28% 0.28% 0.28% phonebanking services branch branch branch • Our fees and charges reflect our commitment to providing our customers with
< `10 Lacs `4000 (Charges as per service) banking banking banking
quality service at competitive prices.
>= `10 Lacs & < `25 Lacs `2600
DOORSTEP BANKING SERVICES • The Bank reserves the right to amend the terms, conditions or rate stated in the
< `25 Lacs `7500 `16000 MISCELLANEOUS SERVICES
brochure and to assess charges on transactions which are not covered by this
>= `25 Lacs & < `35 Lacs `4500 Cheque Pickup (within municapal limits) schedule.
Standing Instruction
Fixed Time Services (Daily) FREE FREE FREE
>= `35 Lacs & < `50 Lacs `2600 • The latest SOSC is available on our website. Clients are advised to refer to the
(1000 per month if minimum AQB/QTP is not ONCE ONCE ONCE • Setting up charge FREE FREE FREE website for the latest SOSC.
>= `25 Lacs & < `50 Lacs `12000
maintained DAY DAY DAY • Execution fee FREE FREE FREE
>= `50 Lacs & < `75 Lacs `8800 • Safe Deposit Lockers are available at certain branches and can be offered to a
Charges / commission on transaction
additional
customer upon request. Charges for the same are available at the respective
>= `75 Lacs & < `100 Lacs `4400
STRAIGHT2BANK - CORPORATE INTERNET BANKING branches.
• Banker's Report FREE FREE FREE
PAYMENT SERVICES • Installation Charges • Effective 1 June 2016, in addition to existing service tax rate @ 14%, and SBC
• Signature Verification FREE FREE FREE @0.5% there would be an additional levy of Krishi Kalyan Cess (KKC) @0.5% on the
(One-Time set up Charges) FREE FREE FREE
value of taxable service thereby the total rate of service tax applicable would be
• Intra-Bank Fund Transfer at Branch FREE FREE FREE • NEFT / RTGS / Online Payroll Upload / FREE FREE FREE Stop Payment `50/ FREE FREE
15% (inclusive of SBC & KKC). The revised rate of 15% is applicable on all Bank
• RTGS Payment FREE FREE FREE Funds Transfer across SCB Branches *FREE (net banking, mobile and phone instruction* products & services offered.
banking)
• NEFT Payment FREE FREE FREE • Online DD issuance (SCB locations)# FREE FREE FREE • Service tax on purchase and sale of foreign currency effective 1st June 2015 would
• Cash Withdrawl FREE FREE FREE • Online DD issuance (non SCB locations)# FREE FREE FREE Cheque / ECS Return be as per table given below:-
• DD payable at Bank location FREE FREE FREE • Due to Insufficient Funds - Transaction Amount Service Tax Payable
• Cheque Printing at SCB locations#
(per instruments/instruction) `500 `500 `500
Cash Deposit Limits *per instrument `3* `2* `2* Upto INR 0.1 mn 0.14% of the transaction amount subject to
• Online Tax Payment (per transaction) FREE FREE FREE
• Cheque return due to other reasons FREE FREE FREE the minimum amount of INR 35
• Maximum free limits: 1.5 times of actual `100 lacs* `200 lacs* `200 lacs*
QTP Transacted in the quarter subject • Cheque Deposited and Returned FREE FREE FREE > INR 0.1 mn but < INR 140 + 0.07% of the transaction amount
• Payment Advice & Invoice details
to a maximum cap of -*per quarter or = INR 1 mn
via e-mail to Customer FREE FREE FREE • Foreign Currency cheque return `250 `250 `250
• Charges (Above free limits) `3/1000 `3/1000 `3/1000 (Other Bank's charges additional) > INR 1 mn INR 770 + 0.014% of the transaction amount
(minimum of 100 Per transaction For Subject to maximum amount of INR 7000
DEBIT CARD • Foreign Inward Remittance
more than 3 lac cash deposit kindly give Certificate/Form 10H FREE FREE FREE
1 day notice to branches SME Banking World Debit Card • Additionally there would be applicable SBC and KKC which would be service tax
Certificate of Balance / Certificate
amount computed as per table above multiplied by 0.5/14 respectively. In other
Teller transaction frequency (Cash txn/ Issuance / Annual Fee per card / words for maximum amount of service tax of INR 7000 the SBC applicable would
NEFT/RTGS/DD/PO/funds transfer) of Interest
Replacement of PIN FREE FREE FREE
be INR 7000* 0.5/14 = INR 250 and KKC applicable would be INR 7000*
• #
of FREE transaction/month Beyond • Certificate upto one year FREE FREE FREE 0.5/14 = INR 250/-. The maximum service tax including SBC and KKC would
Foreign currency transaction on debit cards therefore be INR 7500/-.
free limit `50/ txn Upto 50 Upto 75 Upto 100 are charged inclusive of commission or fees • Certificate more than one year Old `250 `250 `250
Terms & conditions apply.
• Payable At Par Cheque Issuance levied by VISA / MasterCard and 2.5%
leaves Free per month Upto 300 Upto 750 Upto 1000 # conversion commission.
IOTP & AQB fungibility
Cheque Charges above the free
limit - 2/cheque leaft ATM Card
Customer will not be charged the QTP/Trade
• Cancellation/Revalidation of Demand • Lost card re-issuance FREE FREE FREE Non Maintenance Charges If the account
Draft/ Pay Order `100 `75 `Free has maintained an AQB of `5 Lacs `10
Cash Withdrawl (within India) Lacs
• Foreign Currency Draft `300 `200 `100
• SCB ATMs
SCB = Standard Charted Bank
COLLECTION SERVICES • Other VISA / MasterCard ATMs FREE FREE FREE AQB = Average Quaterly Balance
Charges Above first 5 transaction
if AQB is not maintained* `20* `20* 20*
Outstation Cheque Collection
Cheque drawn on any SCB branch location FREE FREE FREE Cash withdrawal (outside India) - VISA /
MasterCard ATMs* `140 `140 `140
Cheque drawn on another bank at other location `50 `50 `50
• Balance Enquiry (at all locations) FREE FREE FREE
*Per instrument
*Subject to Reserve Bank of India
Foreign Currency Cheque collection guidelines
• Cheque collection (USD)
PHONE BANKING SERVICES
< USD 50k `35 `35 `35
> USD 50k `55 `55 `55 Transaction through PhoneBanking
Cleared overseas (Reject) `15 `15 `15
• Stop payments
Investigation charges `50 `50 `50 (Only for proprietorship firms) FREE FREE FREE