#1
2nd June 2015, 12:28 PM
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State Bank of India Forex Services
Please give details about Foreign Exchange (Forex) Related Service Charges of State Bank of India? I am searching for all information about this Service, but there is no sufficient information about it. so please provide me official file released by State Bank of India for Foreign Exchange (Forex) Related Service Charges.
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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 ?
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#3
22nd December 2015, 12:12 PM
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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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