Trade Finance & Services Fees

 Letters Of Credit (LCs)

 Issuance Of LCs:

    • Sight /Usance LC

1/8% per month, min ¼% (min. S$75)

    • Usance LC Acceptance

1/8% of bill amount per month, from LC expiry date to due date (min. S$75)

 LC Amendments:

   • Increase of LC value

1/8% per month, min. ¼% (min. S$75)

   • Extension of LC Expiry

1/8% per month of outstanding balance (min. S$75)

   • Other Amendment

S$75 flat *

* New Rates (effective 1 May 2008)

Payment of Local Letter of Credit (LC) Issued by UOB

Local LC in Singapore Dollar

1/8%, min. S$75

Local LC in Foreign Currency

1/8%, min. S$75

Shipping Guarantees

Handling Fee

S$50 flat
For documents not under LC, the charges for inward bill for collections of 1/8%, min. S$75 will be collected upfront

Unredeemed Shipping Guarantees

½% for every three months, min. S$75*

* New Rates (effective 1 May 2008)

Banker's Guarantees

Local Issuance

1% per annum, min. S$100

Others

Subject to arrangement

Amendment

   • Amount

1% p.a., min. S$100

   • Tenor

1% p.a., min. S$100

   • Other Amendment

S$75 flat*

* New Rates (effective 1 May 2008)

Trust Receipt

   Interest rate

Subject to arrangement

Clean Invoice Financing

   Handling fee

1/8%, min. S$75

   Interest rate

Subject to arrangement

Other Charges for Imports and Exports

** Commission in lieu of exchange
** Commission in lieu of exchange is applicable to all transactions when there is no foreign exchange involved.

1/8%, min. S$50

Fax message (on request)

S$5 per fax

Tracer for investigation

S$30

Advising Of Letters Of Credit (LCs)

Pre-advice of LC (Brief Cable) / Advising Original LC / Advising LC Amendment

   • Account Holder

S$30 flat *

   • Non-account Holder

S$50 flat

Confirmation of Letters of Credit (LC)

Subject to arrangement

Negotiation under Letters of Credit (LC)

Export Bill Negotiation

1/8%, min. S$75

Bank Acceptance

Subject to arrangement

Countersign Letter Of Indemnity To Other Banks (subject to arrangement)

1/8% for two months, min. S$75*

* New Rates (effective 1 May 2008)

Transferable Letters of Credit

Transfer (subject to approval):

   • Full Transfer (without substitution)

Subject to arrangement

   • Partial Transfer

Subject to arrangement

Outward Documentary Collections

Collection Bill in Singapore Dollar

1/8%, min. S$70

Collection Bill in Foreign Currency

1/16%, min. S$70

Unpaid & Returned items

1/8%, min. S$70

Holding Fee for Unpaid Items

S$20 per month (after 2 months’ grace period)

Other Charges for Imports and Exports

** Commission in lieu of exchange
** Commission in lieu of exchange is applicable to all transactions when there is no foreign exchange involved.

1/8%, min. S$50

Fax Message (on request)

S$5 per fax

Tracer For Investigation

S$30