| A) |
LG ISSUANCE COMMISSIONS: |
CORPORATE |
COMMERCIAL |
BUSINESS/RETAIL |
| 1 |
Commission on Issuance of Contract Finance Guarantees (Bid Bonds, Performance Bonds, Advance Payment, Retention & Maintenance) |
1.25% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
1.25% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
2% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 500/- |
| 2 |
Commission on Issuance of Open Ended LGs |
1.5% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
1.5% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
2.5% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 500/- |
| 3 |
Commission on Issuance of Financial LGs - Fixed maturity |
1.5% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
1.75% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
2.75% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
| 4 |
Commission on Issuance of Financial LGs - Open Ended |
1.75% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
2% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
3% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
| 5 |
Commission on Issuance of LGs
Against 100% (Not Partially) Cash Margin |
50% Commission as per above
mentioned rates
With Minimum Commission
Per LG AED 300/- |
50% Commission as per above
mentioned rates
With Minimum Commission
Per LG AED 300/- |
50% Commission as per above
mentioned rates
With Minimum Commission
Per LG AED 500/- |
| 6 |
Commission on Issuance of LGs
Against 100% (Not Partially) Cash Collateral |
80% Commission as per above
mentioned rates
With Minimum Commission
Per LG AED 300/- |
80% Commission as per above
mentioned rates
With Minimum Commission
Per LG AED 300/- |
80% Commission as per above
mentioned rates
With Minimum Commission
Per LG AED 500/- |
| 7 |
Commission on Issuance of LGs
(Other Guarantees not mentioned above including Labour Gtee) |
1% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
1% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 300/- |
2% Per Annum
(Min. 3 Months)
With Minimum Commission
Per LG AED 500/- |
|
| B) |
LG AMENDMENT COMMISSION: |
CORPORATE |
COMMERCIAL |
BUSINESS/RETAIL |
| 1 |
Amendment Commission for Increase in LG Amount |
Additional Commission Charged on Increased Amount Same as LG Opening Commission
With Minimum Commission Per Amendment AED 250/-
Plus Fax/SWIFT/Courier Charges |
| 2 |
Amendment Commission for Extension in Expiry Date |
Additional Commission Charged for Extended Period
Same as LG Opening Commission
With Minimum Commission Per Amendment AED 250/-
Plus Fax/SWIFT/Courier Charges |
| 3 |
Other Amendments
(Changes in LG Terms & Conditions, Clauses etc.) |
AED 250/- Per Amendment
Plus Fax/SWIFT/Courier Charges |
|
| C) |
LG RELATED OTHERS CHARGES: |
CORPORATE |
COMMERCIAL |
BUSINESS/RETAIL |
| 1 |
For International Issuance |
LG Issuance Commission As Above
Plus Additional Fee AED 200/-
Plus Swift/Courier Charges
Plus Actual Correspondent Bank Charges |
| 2 |
Advising Other Bank Guarantees to Customers |
AED 200/- |
| 3 |
Advising Other Bank Guarantees to Non Customers |
AED 350/- |
| 4 |
Handling Charges for Claims Made on Behalf of Our Customers on
Other Banks |
AED 300/- Plus Swift/Fax/Courier Charges |
| 5 |
Courier Charges - Local |
AED 50/- |
| 6 |
Courier Charges - International |
AED 150/- |
| 7 |
SWIFT Charges - Local |
AED 50/- |
| 8 |
SWIFT Charges - International |
AED 100/- |
| 9 |
Reminder Charges - Local |
AED 25/- Per Letter Plus Courier/Fax Charges &
AED 50/- Per SWIFT |
| 10 |
Reminder Charges - International |
AED 25/- Per Letter Plus Courier/Fax Charges &
AED 100/- Per SWIFT |
| 11 |
Fax Charges - Local |
AED 25/- |
| 12 |
Fax Charges - International |
AED 50/- |
