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15th November 2017, 12:57 PM
Super Moderator
 
Join Date: Aug 2012
Re: Oriental Bank of Commerce Exchange Rate

The Foreign Exchange Schedule of Charges Forex of OBC (Oriental Bank of Commerce) are as follows:

For each FC & INR export bill purchased/discounted / negotiated
Upto Rs 10.00 lacs - Rs 750.00 per bill
Above Rs 10.00 lacs bill-Rs1000/- per bill

Where the bank sends an export bill for negotiation to another AD in India (due to reason such as LC being restricted to the later or the LC has been confirmed by later
Rs 1000.00 per bill

Where the reimbursement under a L/C is claimed by the bank with another AD in India
Rs 1000.00 per claim

Commission on joining in Customers guarantees and for giving guarantees / Indemnities on behalf of customers to other banks in India in respect of discrepancies, etc. in documents negotiated under L/c
0.10% with min of Rs 400.00 for each transaction

Export bills sent for collection and exports under consignment arrangements
Rs 750.00/bill upto Rs 10.00 lac
Above Rs 10.00 lacs bill-Rs1000/- per bill
If entire sets of export documents have been sent by the exporter directly to the overseas buyer after complying with Foreign Exchange guidelines
Rs 1000.00 per document

Export L/C including, standby L/C, Letter of authority, Orders to negotiate, orders for payment and all type of documents of similar nature.
Advising Commission
Rs 1000.00 (for our customer);
Rs 1500/- (for other for each L/c);
Rs 500 for each amendment (for customers and other)

Foreign Exchange Schedule of Charges Forex Oriental Bank of Commerce






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