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  #2  
22nd December 2015, 12:12 PM
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Re: State Bank of India Forex Services

Hello Buddy , Here Will you please Provide me State Bank of India Forex Services Charges Details ?
  #3  
22nd December 2015, 12:12 PM
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Join Date: Apr 2013
Re: State Bank of India Forex Services

Friend on your Asking Here Given below is Present Charges Structure for all the Remittances Sent Using our SBI Express Remit Services Offered .

Foreign Exchange Related Service Charges

Exports Related Transactions

Processing charges for each foreign currency export bill:

For bills upto US$5000 Rs.600/-

For bills over US$5000 Rs.1200/-

Processing charges for each rupee export bill
0.30%; Min. Rs.600/- per bill .

For forwarding export documents on which no collection commission or exchange accrues to the bank (i.e. from one bank to the other in India)
0.30%; Min. Rs.1000/-

Reimbursement charges under Letter of Credit

Upto US$5000

Above US$5000 & upto US$ 1 lac.

Above US$ 1 lac

Per reimbursement.


Forwarding export documents toto another bank for negotiation toto whom L/C is restricted by the bank which has booked the forward contract.


0.30% Min. Rs.1000/-.

Charges for discrepancies in export documents under L/CUS$ 50/-

Collection of Bills.

a. (Both foreign currency and Rupee export bills)
0.15%; Min. Rs.600/-
Max. Rs.25,000/-

Export bills sent for collection where proceeds are not received within 6 months

Rs.300/- per month or part thereof.
Certificates
Issuance of certificates/ attestation in respect of export transactions.

Rs.250/- per certificate.

Registration of export contracts
Rs.700/- flat per registration.

Rs.400/- flat per amendment.

Guarantees:-

LCs opened by us
Rs.700/- flat

0.30% for 3 months

Plus 0.150% for each Addl. month

Guarantees for Project Exports

a) ECGC Cover

i) 75%

0.50%p.a. +ECGC Premia

0.40% p.a. + ECGC Premia


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