Soneri Bank

SONERI BANK LIMITED

SCHEDULE OF BANK CHARGES

Soneri  Bank  Limited

Schedule of Bank Charges

FOR THE PERIOD FROM JANUARY 01, 2008 TO  JUNE 30, 2008

Instruction Circular No: 808

INTERNATIONAL  BANKING

A]

I M P O R T S

i].

a)

Cash Letters of Credit upto Rs.5 Million

0.30% per quarter or part thereof

Over Rs.5 Million but upto Rs.20 Million

0.20% per quarter or part thereof

Over Rs.20 Million

0.15% per quarter or part thereof

For the first quarter-Minimum Rs.400/=

For each subsequent quarter or part

thereof 0.15%.

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 @ 0.10% 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.400/= 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

39 paisas per

Letters of Credit

days from date of

Rs.1,000/= daily

negotiation /

product.

remittance.

2]

if retired after 20

42 paisas per

days but within

Rs.1,000/= daily

35 days from date

product.

of negotiation /

remittance.

3]

if retired after 35

46 paisas per

days from date of

Rs.1,000/= daily

negotiation /

product.

remittance.

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.

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.

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]

Processing Charges for Export Registration

Rs.200/=

ii]

LETTERS OF CREDIT

a)

Advising

Rs.500/= (Flat)

b)

Amendment Advising

Rs.400/= (Flat)

c)

Negotiation of Rupee Bills

0.35%