SONERI BANK LIMITED

SCHEDULE OF BANK CHARGES

Soneri  Bank  Limited

Schedule of Bank Charges

FOR THE PERIOD FROM JANUARY 01, 2010 TO JUNE 30, 2010

Instruction Circular No:  985

INTERNATIONAL  BANKING

A]

I M P O R T S

i].

a)

Cash Letters of Credit

First Quarter

Each subsequent quarter

upto Rs. 10 M

0.40%

0.25%

over Rs. 10 M uptp Rs. 100 MM

0.30%

0.20%

over Rs. 100 M

0.20%

0.15%

Minimum Rs. 750/=

Note:

The above commission is subject to adjustment after obtaining approval of

competent authority based on annual volumes/values & arrangements with

customers.

b)

Revalidation Commission

On expiry of Letter of Credit when the

same is revalidated, revalidation

commission should be recovered as

is applicable for opening fresh Letter

of Credit, as in (i-a) above

c)

Transfer Commission

When a Letter of Credit is transferred

to a new beneficiary, transfer

commission should be charged as

applicable in case of fresh Letter of

Credit, as in (i-a) above.

ii]

a)

Non-reimbursable Letters of Credit

1% per quarter or part thereof. 0.30%

under Barter / Aid / Loans.

for each subsequent quarter or part

thereof. Minimum Rs.250/=.

b)

L/C under-Suppliers/Buyers Credit,

Commission @ 0.40% per quarter

Pay As You Earn Scheme and

or part thereof. (At the time of opening

Deferred Payment L/Cs for period

of L/C to be charged on full amount

over one year.

of L/C liability plus interest payable

thereon for the period from the date of

opening of L/C till the expiry of L/C,

thereafter commission is to be

recovered on six monthly basis on

reducing liability).

iii]

If bills are to be drawn at usance under

1]

Rs.300/= per bill (flat) to be charged at

the Letters  of  Credit  other  than

the time of retirement of bills.

PAYES (Pay as you Earn Scheme)

and Suppliers / Buyers Credit and

2]

Extra Commission @ 0.125 % per month is to

Deferred Payment Letters of Credit on

be recovered / charged for the usance Import

yearly basis.

Bills for any period beyond validity of Letter of

Credit  or  period  for  which  LC  opening

commission charged.

iv]

Amendments

Rs.500/= per transaction (Flat) or commission

under items (i) or (ii) above, if amendment

involves increase in amount or extension in

period of shipment.

v]

For each application/revalidation

Rs.500/= (Flat).

made to the Export Promotion

In case of subsequent transfer of import

Bureau / any other Govt. Agency on

authorization to another bank Rs.100/=.

behalf of the customers.

vi]

a)

Mark-up on import bills under

1]

if retired within 20

50  paisas per

Letters of Credit

days from date of

Rs.1,000/= daily

negotiation /

product.

remittance.

2]

if retired after 20

53 paisas per

days but within

Rs.1,000/= daily

35 days from date

product.

of negotiation /

remittance subsequent

to the period at 1] above

3]

if retired after 35

57 paisas per

days from date of

Rs.1,000/= daily

negotiation /

product.

remittance subsequent

period at 1] & 2] above

b)

Bank's commission if documents are not

Paisas 25 per Rs.100/= on outstanding

retired within 20 days from date of

amount beyond a period of 20 days.

negotiation / remittance.

c)

Overdue Commission in case DA Bills not

57 Paisas per Rs. 1,000/= per day from date

paid by Importers on Due Date

of maturity till date of payment.

N O T E : -

-

No Mark-up to be charged from the date of negotiation to the date of Lodgement if 100%

interest /return free cash margin is provided before the date of negotiation of documents.

-

Where value date of debit to our account is mentioned on the covering Schedule/Telex/

Swift intimation, mark-up to be charged from such effective value date.

-

Rates  are  subject  to  adjustment  after  obtaining  approval  of  competent  authority  in

consideration of business volumes/values & arrangements with the customers.

-

When reimbursement is made upon receipt of documents mark-up is to be charged

from the date of remittance.

vii]

Import Bills returned unpaid

US$ 50/= (Flat) from forwarding Bank plus

Courier charges.

viii]

a)

Collections

Rs.300/= (Flat) per collection

b)

Consignments

1)

0.20% Flat handling charges at the time of

registration of contracts / purchase order /

proforma invoice etc. Minimum Rs.500/=.

2)

Rs.200/= for each subsequent

amendment in the registration.

NOTE:

The above commission is subject to adjustment after obtaining approval of competent

authority based on annual volumes/values & arrangements with customers.

c)

Remittance against import without LC /

Rs.300/= flat plus FDD / FTT charges.

Registering of Contract and/or handling

of documents thereunder

ix]

Service charges for arranging

Rs.500/=

transportation of consignments from

Karachi to Dry ports on specific

instructions of the importers.

x]

Service Charges against import

@ Paisas 10 per Rs.100/= or Re.1/= Per

transactions i.e. import bills (IFB) /

Mille.

collection (IB).

xi]

Re-imbursement charges (payable to

At actual.

re-imbursing Banks).

xii]

Obtaining credit reports on foreign

Rs.250/= plus foreign bank/agency charges

supplier.

at actuals plus telex charges.

xiii]

Discrepancy fee

U.S.$. 10/= plus Swift/Telex Charges

if discrepant documents are presented.

B]

E X P O R T

i]

LETTERS OF CREDIT

a)

Advising

Rs. 750/= (Flat)

b)

Amendment Advising

Rs. 500/= (Flat)

c)

Negotiation of Rupee Bills

0.35%

Min. Rs. 500/=

under Letters of Credit

d)

Confirmation

0.35% per quarter

Min. Rs.500/=

e)

Transfer of Export LCs

Rs. 600 (Flat)

f)

Reimbursement payment to / from other

Rs.250/= (Flat)

local banks from N.R. Rupee Accounts

ii]

If the documents are sent to other banks

Rs. 600/= (Flat)

for negotiation under restricted letters of

credit.

iii]

Negotiation of Foreign Currency Bills

OD Buying Rate to be applied.  If proceeds not

under Sight Letter of Credit.

realised within 12 days then 50 paisas per day

per Rs. 1,000/= to be charged for any delay

beyond 12 days.

iv]

Export Refinance Application Handling

Charges

Rs. 500/= per application

v]

LTF (Long Term Facility under SBP Scheme)

Handling Charges

Rs. 500/= per case

vi]

COLLECTIONS

a)

Clean / Cheques

Rs. 150/= per collection

b)

Documentary (on which bank does not

Rs.300/= per collection

earn any exchange difference)

c)

Service charges against Export

@ Paisas 10 Per Rs.100/= or Re.1/= per

documents sent on collection basis/

mille.

Advance Payment of Export

vii]

Handling of Duty Draw Back Claims

0.35%

Min. Rs.350/= per claim

viii]

Handling of Research & Development

0.30%

Min. Rs. 300/= per claim

Support Claims with S.B.P.

ix]

Collection of Export Development Surcharge

Rs. 80/= per transaction to be charged to exporters

C]

REMITTANCES

i]

OUTWARD

a)

Issue of Foreign Currency

Travellers' Cheques

i].

From Foreign Currency Accounts

1% (Selling Agents' Commission) from

or Against Travel Quota.

the purchaser

ii].

Against surrender of Foreign

1% (Selling Agents' Commission) plus

Currency Notes as per limit

0.50% Service Charges.

prescribed by S.B.P.

b)

Issuance of FMT / FTT / FDD

Rs.250/= (Flat) + Telex Charges of

against Pak Rupees

Rs. 400/= in case of FTT.

c)

Service Charges against issuance of

@ Paisas 10 per Rs.100/= or Re.1/= per

Foreign Mail Transfers (FMTs) /

mille.

Teletransfers (FTTs) or Foreign

Demand Drafts (FDDs).

d)

DD/TT and MT (for remittances

@ US$ 1/= per US$ 1,000/= or part thereof

abroad through F.C. A/cs.)

Minimum US$ 2/=

Maximum US$ 20/= or equivalent

in other Foreign Currencies plus

Telex Charges of US$ 8/= in case of TTs.

e)

Remittances/Encashment from Foreign

0.15% Flat

Currency Accounts within 7 days after

(Min. Rs. 100/=)

deposit of Foreign Currency Notes. (For

our regular customers)

Remittances/Conversions upto amount of U.S.$. 5,000/= shall be exempt from the above

referred charges.

f)

Deposit of Euro, Pound Sterling

i).

At upcountry branches

0.50%

& UAE Dirhams Notes in FC Accounts

Min. Rs. 150/=

of Exchange Companies.

ii).

At Karachi branches

0.25%

Min. Rs. 150/=

ii]

INWARD

a)

Home Remittances

Rs.3/= Plus cost of Money Order or

telegram charges when T.T. is requested.

No charges to be recovered if the funds are

remitted to one of our own branches.

b)

Others

Nil, if the proceeds are credited to an

account with the drawee bank. In other

cases a flat charge of Rs.10/=.

c)

Indenting Commission

Service charges @ paisas 10 per Rs. 100/=

Min. Rs. 100/=.

d)

Commission / Handling Charges on

As prescribed by State Bank of Pakistan.

deposit of currency notes for the credit

of Foreign Currency Account.

iii]

Purchase of clean instruments like TCs,

Rs. 50/= Handling Charges.

Bank Drafts etc.

OD Buying Rate to be applied. If proceeds

not realised within 12 days then paisas 50

per day per Rs.1,000/= to be charged for

any delay beyond 12 days.

D]

MISCELLANEOUS

i]

Handling Charges in lieu of exchange

0.30% with a minimum of Rs.500/=.

earnings where importer buys foreign

exchange from some other bank for LC

opened / contract registered with us.

ii]

Correspondent's Charges

Actual

iii]

For verification of test on behalf

Rs. 250/=

of other local banks.

iv]

POSTAGE / COURIER / CABLE / TELEX / SWIFT / FAX CHARGES

a)

Postage Inland

Rs.  50/=

Postage Overseas (Ordinary)

Rs. 150/=

Postage Overseas (Registered)

Rs. 200/=

b)

Courier Inland

Rs.75/=

(or actual whichever is higher)

Courier Foreign

Rs. 1,000/=

(or actual whichever is higher)

c)

Cable / Telex Inland

Rs.75/=

Cable / Telex Overseas/Swift

Rs.400/= for short messages

Cable / Telex Overseas/Swift

Rs.1,000/= or actual whichever is higher for

full text LCs etc.

d)

Fax Overseas

Rs.250/= per page

Inland (from one city to another)

Rs.100/= per page

Local (within same city)

Rs.  10/= per page

v]

Inward Collections (including F.C. A/cs)

US$ 1/= per US$ 1,000/=

received from abroad or local banks

or part thereof

where the payment is demanded in

Minimum US$ 3/=

Foreign Currency.

Maximum US$ 6/=

vi]

Inward Cheques received from

0.15% Commission

upcountry or local banks for payment in

If payment through teleadvise, cable / telex /

Pak Rupees. (Convert the relevant

fax charges to be recovered.

Foreign Currency at the T.T. Buying Rate).

vii]

NOC to other banks for "E" Forms

Rs. 250/=

verified by us.

viii]

Handling of Transactions of indirect

Rs. 250/= per transactions

exporters.  (SPO)

ix]

COLLECTIONS:

a)

For Credit to Rupee A/c.

Service Charges @ paisas 10 per Rs. 100/=

Min. Rs. 100/= per collection.

b)

For Credit to Foreign Currency A/c.

i).

US$ 2/= or equivalent Foreign Currency

per instrument.

ii).

In case of Travellers Cheques US$ 2/=

per collection.

iii).

For Collection through Local U.S. Dollar

Collection Service and Cheque Return

Charges.  Rs. 300/= per instrument.

c)

Foreign Bills for Collection returned unpaid

Rs.250/= plus telex / courier charges

x]

Standing instructions in Foreign

US$ 1.00 per transaction.

Currency Accounts

xi]

Issuance of Proceeds Certificate of

Rs.200/= per certificate

remittance dated beyond one year.

xii]

Submission of Application for freight subsidy

Rs.100/= per case.

xii]

Issuance of Realisation Certificates

Rs.50/= per certificate.

(Annex:  A or B) for rebate claims.

xiv]

Stop Payment of Cheques

U.S.$. 1/= or equivalent

(Foreign Currency Accounts)

xv]

FDD Cancellation

U.S.$. 1/= or equivalent

xvi]

Any other out of pocket expenses on any

At actuals

transaction not covered under the schedule.

xvii]

Frozen Foreign Currency Accounts

A maximum of US$ 10/= or

equivalent.  To be recovered

from the account where the

balances therein is upto

US$ 10/= or equivalent.

DOMESTIC  BANKING

A]

REMITTANCES:

i]

a]

Drafts, MTs and TTs drawn & payable on our own branches:

These charges are to be waived for not more than two transactions in one week if the remitter/

purchaser is your depositor & maintaining a minimum unencumbered balance of Rs. 200,000/=

with you for the past six months.

A customer maintaining an Average Balance of Rs. 250,000/= Un-encumbered in Current Account,

throughout the past six months will be allowed four remittances in a week to our branches free of

cost.  Additionally, he will be allowed two remittances for every Rs. 100,000/= further credit in the

account.  It means a customer maintaining a balance of Rs. 350,000/= will be entitled to six free

remittances in a week and the one maintaining Rs. 450,000/= balance will get the facility of eight

free remittances, and so on.  This facility is allowed only in Current Accounts.

Also to be waived in case the remitter/purchaser is a co-operative society, charitable organisation

or welfare organisation.

However, any out of pocket expenses like telex/postal charges and government levies/taxes etc.

are to be recovered.

upto Rs.10,000/=

Rs.10,001/= to Rs.100,000/=

Over Rs.100,000/=

Rs. 30/= flat

0.20% Minimum Rs.50/=

0.075% Minimum Rs.200/=

(Charges to be rounded of to the nearest Rupee)

b]

The above charges would also apply on DDs, MTs & TTs payable on branches of other banks under

arrangements where commission is shared.  For drawings on branches of other banks waiver

mentioned under (a) above would not apply.

c]

In case of drawings on other banks where the minimum amount to be charged under arrangements

with the bank is higher than our minimum charges than such minimum charges as prescribed

under the arrangements would be charged.

d]

Demand Drafts against cash will be issued only upto maximum amount of Rs. 25,000/=.

Demand Drafts for amounts in excess of Rs. 25,000/= will be issued to the debit of purchaser's

account.

e]

Telegram / Telex Charges on TTs

Rs.50/= (Flat)

Postages on MTs

Rs.30/= (Flat).

f]

Transfers from Collection Accounts

No charges if funds are transferred on or after

with one branch to main account with

next working day otherwise Rs.100/= per

another branch.

transfer - No other charges by way of postal

telex charges  etc. to be recovered.

However, in case of Collection Accounts in the

name of "Individuals" fax charges of Rs. 100/=

in addition to above would be levied.

g]

DD / TT Cancellation

Rs. 100/=

h]

Issuance of Duplicate DD

Rs. 100/=

Where remittance by TT is requested on Telephone then telephone charges of Rs.100/= would

be recovered.

ii]

PAY ORDER

a]

Issuance of Pay Order

i]

Through A/c with us

Rs.25/= (Flat)

ii]

Through Cash maximum upto

Rs. 100/= (Flat)

Rs. 25,000/= only

b]

Cancellation

Rs. 100/= (Flat)

c]

Issuance of Duplicate

Rs. 50/= (Flat)

iii]

Issuance of State Bank of Pakistan

Rs. 500/= (Flat)

Cheque on specific request of

customer.

iv]

ON-LINE FUNDS TRANSFER SERVICE

a]

Inter-city Transfer:-

upto Rs. 500,000/=

Rs. 100/=

over Rs. 500,000/=

Rs. 200/=

plus with-holding tax at prevalent

rates wherever applicable.

b]

Within City Transfer

Rs. 50/=   (This does not apply to transfer delivery)

v]

Same Day Outward Clearing

a]

In towns where clearing is through NIFT

Rs. 300/= per instrument

b]

For other Branches

Rs. 200/= per instrument

vi]

INLAND LETTERS OF CREDIT

a]

Opening Commission

0.40% per quarter of part thereof

Minimum Rs. 500/= for the first quarter.

For each subsequent quarter or

part thereof 0.20%.

b]

Amendments

Rs.350/= Flat or commission as at (a) above

if amendment involves increase in amount

or extension in validity.

c]

Others

In case an Inland LC is opened through

another bank, then actual charges of the

bank opening the letter of credit would be

recovered in addition to our own charges

prescribed above. The same would apply

to amendments to LCs opened through

other banks.

d]

Advising

Rs. 750/= (Flat)

e]

Amendment Advising

Rs. 500/= (Flat)

NOTE:

i.

The above commissions at (a) (b) & (c ) is subject to adjustment after obtaining approval of

competent authority based on annual volumes/values & arrangements with customers.

ii.

In case commission is for account of beneficiary, it should be recovered upfront from the

openers at the time of opening the LC.  On receipt of proceeds + LC Opening commission,

the LC commission so received should be credited to opener's A/c.

vii]

Authorities to encash cheques

No commission by issuing branch but

charges on purchase of cheque will be

recovered as per item B(ii)  (b) below.

Minimum Rs.15/= plus courier charges.

B]

B I L L S

i]

COLLECTIONS:

a]

Documentary:

1]

through our own branches

0.30%

Min. Rs.35/= plus postage /

Courier charges

2]

through branches of other banks

0.50%

Min. Rs.60/= plus postage /

under  arrangements  where

Courier charges

commission is shared.  These

charges will also apply in case a

collection is sent to the drawee

branch of another bank.

b]

Clean [Including cheques]:

1]

through our own branches

0.20%

Min. Rs.25/= plus postage /

Courier charges

2]

through branches of other banks

0.35%

Min. Rs.45/= plus postage /

under arrangements where

Courier charges

commission is shared.  These

charges will also apply in case a

collection is sent to the drawee

branch of another bank.

3]

a]

through NIFT where up-country

Rs. 500/= per collection

collection facility is available

b]

Cheques Return Charges for

Rs. 300/= per collection

up-country collections through NIFT.

ii]

PURCHASE OF BILLS, CHEQUES ETC.

a]

Documentary Bills other than those

Same charges as for collection as indicated

drawn against Letters of Credit and

at (i)(a) and (b) above plus Mark-up from

Clean Bills / Trade Cheques.

date of purchase to the date of payment

plus postage / courier charges from  drawer

or drawee as per arrangements between them.

b]

Other cheques / demand instruments

0.40%

Min. Rs.15/= plus postage /

[like dividend warrants etc.]

courier charges

NOTE:

Collection agent's charges if the collection bank is other than the bank, will be extra.

Telegram/Long Distance call charges will be extra, if fate of the instrument is asked for by bank.

c]

Mark-up shall be applied as under on bills purchased

i]

If retired upto 21st day, from the date

50 Paisas per Rs.1,000/= daily product.

of purchase.

ii]

If retired after 21 days

53 Paisas per Rs.1,000/= daily product.

d]

Storage Charges

i]

No charges, if cleared within 3 days of

its receipt by the Branch

ii]

Rs. 0.50 per packet per day.

Min. Rs.10/=.

iii]

Returning Charges

Returning Charges for Documentary

Documentary Rs. 60/=

plus postage /

and Clean Collections in case the

courier charges

instruments are returned unpaid.

Clean Rs. 50/=

-- do --

iv]

DOCUMENTARY BILLS DRAWN AGAINST

INLAND LETTERS OF CREDIT:

1]

Sight Bills

i]

Negotiating End

a]

Negotiation Commission

0.39% Min. Rs.250/=.

If not realised within 12 days then 50 paisas per day per Rs. 1,000/= to be

charged for any delay beyond 12 days.

b]

Collection charges for restricted

Flat Rs.350/= per bill.

L/Cs [where negotiation is

restricted to some other bank

and presented to us for

forwarding].

ii]

At opening end [at the time

of retirement] rates of Mark-up.

a]

If retired within 3 days from the

Mark-up @ 50 Paisas per Rs.1,000/= daily

date of lodgement.

product from the date of negotiation.

b]

If retired after 3 days of lodgement

Mark-up @ 53 Paisas per Rs.1,000/= daily

but within 30 days from the date of

product plus Bank's Commission @ 0.20%.

negotiation.

c]

If retired after 30 days from the

Mark-up @ 57 Paisas per Rs.1,000/= daily

date of negotiation.

product plus Mark-up and Bank's

commission as in [a] and [b] above.

2]

Usance Bills:

i]

At Negotiating End:

a]

Negotiation Commission

0.39% Min. Rs.100/=.

b]

In case of purchase

Usual Commission as in [a] above and

paisas 50 per day per Rs.1,000/= from the

date of purchase till the date of maturity.

ii]

At Opening End:

a]

If bill matures after expiry of L/C.

DA Commission @ 0.10% per month on bill

amount for any period beyond validity of

letter of credit.

b]

If bill remains unpaid after due date

Mark-up @ 50 paisas per Rs.1,000/= per day

from due date till date of payment.

NOTE:

All other charges as per notes [a] to [c] and [e] above, where applicable, will be extra.

C]

ADVANCES:

Following charges may be recovered in addition

to interest / return on investment.

i]

Miscellaneous charges [i.e. charges

Actual, in addition, project Examination Fee

for documents, evaluation of Security,

@ 1% and Commitment Fee @ 0.50%

Search, Mortgage charge registration

[where applicable in each case].

and maintenance thereof etc.]

ii]

Legal Advice

i).

In-House

Min. Rs. 3,000/=

Max. Rs. 5,000/=

( As per Legal Dept. Advice  )

ii).

Outside

At Actuals

iii]

Legal Documentation Cost

Cost at actual plus any out of pocket expenses

iv]

Processing Fee for New Credit Proposals

for Business Accounts:-

a]

Facilities upto Rs. 1 M

Rs. 500/= flat

b]

Over Rs. 1 M upto Rs. 25 M

Rs. 1,250/= flat

c]

Over Rs. 25 M

Rs. 2,500/= flat

v]

Renewal of Credit Facilities

Rs. 500/= flat

vi]

AGRICULTURE FINANCE:

Following are one time processing fee:

a]

Finance upto Rs. 0.100 Million

N I L

b]

Above Rs. 0.100 Million to Rs. 0.500 Million

Rs. 500/=

c]

Above Rs. 0.500 Million to Rs. 1.000 Million

Rs. 750/=

d]

Above Rs. 1.000 Million to Rs. 5.000 Million

Rs. 1,500/=

e]

Above Rs. 5.000 Million

Rs. 5,000/=

vii]

FOR ADVANCES AGAINST PLEDGE /

HYPOTHECATION THE VARIOUS

CHARGES MAY BE LEVIED AS FOLLOWS:

a]

Movement out of shares pledged.

Rs.500/= per transaction.

b]

Godown Rent

Actual.

c]

Godown Staff Salaries:

Salaries of Godown

Actual.

Keepers / Chowkidars

d]

Godown / Stocks Inspection Charges

Rs. 1,000/= for facility upto Rs. 10 M and

Rs. 2,000/= for facility over Rs. 10 M plus

out of pocket expenses at actuals.

e]

Inspection of vessels for scrapping /

Rs. 1,000/= for facility upto Rs. 10 M and

inspection of stock of scrap of vessels.

Rs. 2,000/= for facility over Rs. 10 M plus

conveyance charges.

f]

Delivery Charges:

If Godown Keeper is not posted,

Actual

conveyance charges will be recovered.

g]

Other incidental expenses:

Insurance Premium, Legal Charges etc.

Actual

h]

FIM Commission

1% Flat Min. Rs.500/=.  In case of

un-serviceable ships for scrapping

no commission to be charged.

i]

Penal charges on overdue FIM / FTR

Paisas 6 per Rs. 1,000/= per day for the

overdue period in addition to normal mark-up.

NOTE:

While recovering the Miscellaneous charges like godown rent, godown staff salary,

inspection charges etc. the amount recovered from the borrowers shall not exceed the

total rent of the godown, salary of the godown staff etc.  In other words, Miscellaneous

Charges should be levied as per actuals and should not become a source of profit to the bank.

j]

For the issuance of N.O.C. on the request

Rs.2,500/= Flat

of Customers/Clients for creating additional/

pari-passu charge/second charge on their

fixed assets for acquiring further financing

from other banks/financial institutions.

k]

Redemption fee to be recovered from

Rs. 1,000/= Flat

party when bank officers are required

to go before Registrar for redemption

of the mortgage.

l]

Obtaining report from CIB, S.B.P.

Rs. 200/= per report

D]

CONSUMER FINANCING:

i]

Soneri Ghar Finance

a).

Miscellaneous charges for documents

Actual

evaluation of security, search and .

mortgage registration

b).

Processing Fee

0.50% of Finance Amount

Min. Rs. 2,500/=

c).

Mortgage Protection Insurance Premia

Actual

ii]

Soneri Car Finance

a).

Miscellaneous charges for documents,

Actual

Vehicle Registration & Comprehensive

Insurance Policy Premia

b).

Processing Fee

Rs. 2,000/= (flat)

c).

Vehicle Repossession charges

Actual

iii]

Soneri Personal Finance

a).

Miscellaneous charges for documents

Actual

iv]

Soneri Aasaish Finance

a).

Miscellaneous charges for documents

Actual

b).

Repossession charges

Actual

Late payment charges for all products

Where repayment installments are not

Rs. 500/= per installment per month.

received by the relative due dates

E]

COMMERCIAL FINANCING OF CARS/VEHICLES

a).

Miscellaneous charges for documents

Actual

evaluation of security, search and .

mortgage registration

b).

Processing Fee

0.50% of Finance Amount

Min. Rs. 2,500/=

c).

Mortgage Protection Insurance Premia

Actual

F]

STANDING INSTRUCTIONS FEE:

i]

Standing instructions fee will be recovered

Rs. 25/= per transaction.

in addition to the usual charges on

remittances, if any.

ii]

If funds transfer is in same branch from

Rs. 25/= per transfer

one A/c to another.  Will however not

apply in following cases:-

a).

If funds are transferred from one account

to another account with the same title.

b).

If funds are transferred from one account

to another account within the same group.

G]

SALE AND PURCHASE OF SECURITIES SAFE CUSTODY

ARTICLES IN SAFE DEPOSIT AND SAFE DEPOSIT LOCKERS:

i]

Sale and purchase of shares and securities.

0.15% upto Rs.10,000/= of purchase price or

cost thereof. Min. Rs.10/=.

0.10% on amount exceeding Rs.10,000/=.

Min. Rs.20/=.

NOTE:

a]

The above charge is in addition to brokerage.

b]

Commission is not to be recovered on purchased of newly floated securities, where it is

payable by the Government/Government Agencies, and from the Subcribers to new share

floatation.

c]

When orders for purchase or sale of share/securities are executed through the bank's other

offices, all incidental expenses, such as postage, insurance charges, etc. incurred will be

recovered in addition to the commission / brokerage charges.

ii]

Withdrawal fee on shares and securities held

0.25% upto Rs.10,000/= of the paidup or face value

in safe custody [to be recovered at the time

Min.  Rs.50/=    0.125%  on  amount  exceeding

of withdrawal]

Rs. 10,000/= Min. Rs.100/=.

iii]

Withdrawal fee on Government Securities.

Rs.10/= per scrip.

Where shares and/or securities sold are from

those held in safe custody, either commission

on sale of shares and securities, as shown

against item [i] or withdrawal fees, as shown

against item [ii] and [iii] whichever is higher,

will be charged, but not both.

iv]

Charges for collection of interest / return

0.30% on the amount of interest / return /

/ dividend.

dividend collected / paid. Min. Rs.20/=.

v]

Handling charges for conversion, renewal,

Rs.10/= per scrip.

consolidation or subdivision of Government

securities.

vi]

a)

Sale of Government Securities like SSC

Transport / Handling Charges of Rs.50/=

/ DSC etc. at a branch other than an

per sale per customer.

Authorised branch.

b)

Encashment of profit coupons / Govt.

Transport / Handling Charges of Rs.50/=

securities like SSC / DSC by a branch

per encashment per customer

other than Authorised Branch.

vii]

Articles in Safe Deposits:

Fee for Articles in Safe Deposits

[To be recovered in advance at the time of

deposit or at commencement of each quarter].

a]

Boxes and Packages

Rs.2.00 per 100/= Cubic inches or any part

thereof with a minimum of Rs.100/= per quarter.

b]

Envelopes

Re.1.00 per 25 square inches or any part

thereof with a minimum of Rs.40/= per quarter

viii]

Safe Deposit Lockers Fee for Safe Deposit Lockers: [to be recovered in advance or at the commencement

of the period-yearly, half yearly, quarterly] as the case may be:

No rent against following

Normal

with Tray & Box

refundable key deposit

a]

Upto 0.40 cft.

Small

Rs.1,200/=

Rs.1,500/=

Rs. 15,000/=

per annum

From 0.41 to 0.80 cft

Medium

Rs.1,700/=

Rs.2,000/=

Rs. 20,000/=

From 0.81 to 1.35 cft

per annum

From 1.36 to 1.75 cft

Large

Rs.3,500/=

Rs.4,000/=

Rs. 40,000/=

From 1.76 to 2.00 cft

per annum

In case of already rented out lockers where key deposit is less than the above mentioned

amounts, deficit amount should be made up according to the size of the locker at the time

of next renewal.

b]

Key Deposit

Rs.2,000/= per locker

c]

Breaking charges

Rs.2,000/= per locker

H]

GUARANTEES:

i]

Guarantees issued to shipping companies in lieu

Rs. 750/= (Flat).

of Bills of Lading/Endorsement of Airway Bills.

ii]

Guarantees issued to Collector of Custom in

0.50% per quarter or part thereof

lieu of payment of Export Duty which are valid

Min. Rs.500/=.

upto 6 months.

iii]

Other Guarantees

0.40% per quarter or part thereof

Min. Rs.500/=.

iv]

Guarantees outside Pakistan

0.40% per quarter or part thereof

Min. Rs.500/= + charges of correspondents.

v]

Parking Guarantees (if issued at bank's own

Nil

instance)

vi]

Consortium Guarantees

As per Agreement.

vii]

Guarantees issued in Pakistan against 100%

Nil

Cash Margin on which no return/profit is paid.

NOTE:

a]

All Guarantees issued by banks must contain specific amount and expiry date and a date by

which the claims are to be lodged.  Commission would be charged for the period inclusive

of the claim period.

b]

For issuance of Guarantees on the counter guarantee of foreign correspondents / banks,

varying rates can be offered based on volume of business received.

c]

Guarantee commission will continue to be charged for expired guarantees until return of

original guarantee/release.

d]

For Letters of Guarantee issued upto 1 year validity commission should be recovered

upfront at the time of issuance of the guarantee for the full period.

e]

For letters of Guarantees with validity of more than 1 year it should be endeavoured to

recover commission for the full period upfront.  However, if the customer is a valued

client & is not willing to pay commission for the full period, commission for the first year

to be recovered upfront at the time of issuance of the guarantee & subsequently for the

second full year/broken period as the case may be at the expiry of the first year.

I]

VISA DEBIT CARDS

Classic Cards

Gold Cards

i]

a)

Joining Fee

NIL

NIL

b]

Annual Fee

Rs. 150/= per card

Rs. 500/= per card

c]

Supplement Cards Annual Fee

Rs. 150/= per card

Rs. 500/= per card

d]

Card Replacement Fee

Rs. 200/= per card

Rs. 200/= per card

ii]

Cash Withdrawal Charges

a]

From Soneri Bank ATMs

N I L

& POS at Soneri Bank

designated branches.

b]

From ATMs displaying

Rs. 15/= per transaction

1 LINK & M Net Logo

c]

From ATMs displaying

Rs. 300/= per transaction  OR

plus Logo

3% of each Cash withdrawal

whichever is higher.

iii]

Purchase/Services availed at POS displaying VISA Logo.

a]

Within Pakistan

N I L

b]

Outside Pakistan

i]

Purchase made/

Rs. 300/=  OR  2% of transaction amount

Services availed

whichever is higher.

ii]

Cash Back

-do-

iv]

Funds Transfers Through Soneri Bank ATMs

a]

To accounts with Soneri Bank

Rs. 25/=

b]

To accounts with 1 LINK

Rs. 50/= per transaction

participating banks

v]

Balance Enquiry Through ATMs

a]

ATMs located in Pakistan

NIL

b]

ATMs located outside Pakistan

PKR equivalent US$ 2/=

vi]

Other Charges

Local Transactions

a]

Arbitration charges in case of

PKR equivalent of US$ 500/= per case

false charge back.

b]

Document Retrieval Charges

Rs. 250/= per retrieval

International Transactions

a]

Arbitration charges in case

PKR equivalent of US$ 500/= per case

of false charge back

b]

Document Retrieval

PKR equivalent of US$ 15/= per retrieval.

J]

ATM CARDS

(i)

Replacement

Rs. 200/=

(ii)

Use of Soneri ATM Card on

a).

1 Link Switch

Rs. 15/= per transaction

Switch with other banks.

b).

M Net Switch

Rs. 15/= per transaction

(iii)

Balance Enquiry on Switch of other Banks

Rs. 5/= per enquiry

(iv)

Funds transfer thru ATMs.

a]

To accounts with our own branches

N I L

b]

To accounts with other banks.

Rs. 50/= per transfer