• CIMB Insights
  • Solutions & Products
  • Digital Banking
  • Promotions
  • Help & Support
  • Quicklinks

Issue of Documentary Credit
(minimum 2 months)

Products / Services Fees & Charges
Per month or part thereof  0.125% or minimum S$75, whichever is higher
Via SWIFT or courier  S$100 or as per destination

Back to Back Documentary Credit
(minimum 2 months)

Products / Services Fees & Charges
Per month or part thereof  0.125% or minimum S$300, whichever is higher
Via SWIFT or courier  S$100 or as per destination

Full/Partial Transfer of Documentary Credit (minimum 2 months)

Products / Services Fees & Charges
With or without substitution  0.125% per month or minimum S$150, whichever is higher.
Via SWIFT or courier  S$100 or as per destination

Amendment to Sight/Usance/Back to Back/Transfer of Documentary Credit

Products / Services Fees & Charges
General amendment S$75
Increase in amount (minimum 2 months) 0.125% on the increased amount or minimum S$75, whichever is higher.
Extension in validity 0.125% per month on the outstanding amount or minimum S$75, whichever is higher.
Via SWIFT or courier S$40 or as per destination.

Cancellation of Documentary Credit

Products / Services Fees & Charges
Cancellation fee S$75

Inward Bills for Collection

Products / Services Fees & Charges
DA/DP handling commission 0.125% or minimum S$75, whichever is higher.
Commission in lieu 0.125% or minimum S$75, whichever is higher.
Out-of-pocket expenses Refer to the section on ‘Miscellaneous’.

Note : Financing of import bills are subject to the Bank's interest rate.

Import Bills for Documentary Credit (Overseas/Local)

Products / Services Fees & Charges
Payment fees

Note : To be borne by beneficiary unless otherwise stated by applicant
S$150
Commission in lieu 0.125% or minimum S$75, whichever is higher.
Acceptance commission for usance documentary credit only (from expiry date of the letter of credit until maturity date) 0.125% per month (or part thereof) or minimum S$75, whichever is higher.
Out-of-pocket expenses Refer to the section on ‘Miscellaneous’.

Note : Financing of import bills are subject to the Bank's interest rate.

Discrepancy

Products / Services Fees & Charges
Expired letter of credit 0.125% per month on the amount drawn or minimum S$75, whichever is higher.
Amount overdrawn on letter of credit (minimum 2 months) 0.125% per month on overdrawn amount or minimum S$75, whichever is higher.
Discrepancy fees
S$75 (or USD60 equivalent)

Note : To be borne by beneficiary unless otherwise stated by applicant.

Import Invoice Financing

Products / Services Fees & Charges
Handling commission 0.125% or minimum S$75, whichever is higher.
Commission in lieu of exchange 0.125% or minimum S$75, whichever is higher.
Out-of-pocket expenses Refer to the section on ‘Miscellaneous’.

Note : Financing of import loans are subject to the Bank's interest rate.

Trust Receipt

Products / Services Fees & Charges
Currency change S$30
Extension S$30
Partial payment S$10