Following charges may relate with letter of credit. All charges mentioned as under may not apply at the same time. However, here is complete list of charges that may apply.
| Charges, Commissions and Fees |
|
| Commission Name |
When applied |
| LC Advising Charges |
Advising the LC |
| LC Transfer fee |
Transferring the LC |
| SWIFT charges |
Advising & Transfer of LC, reminders for export proceeds, opening of LC |
| Document negotiation charges |
Negotiating the documents |
| Postage/DHL charges |
Sending the documents |
| Document collection charges |
Collecting the documents |
| LC Amendment commission |
Amendment of LC |
| LC Cancellation charges |
Cancellation of LC |
| Discrepancy Charges |
Informing discrepancies |
| Acceptance commission |
Acceptance of deferred LC |
| DD/PO commission |
Local payment |
| Stationery charges |
Opening Import LC |
| IRC renewal fee |
Renewal of IRC |
| Other charges |
Any time |
| LC opening commission |
Opening of LC |
| FCC |
Opening of LC & amendment |
| VAT |
Opening of LC & amendment & Local payment |
| Source Tax |
Export proceed realization |
| Handling charges |
Export proceed realization |
|