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Bank Guarantee (BG)

Types of Products / Services

Fees & Charges

Cut-off time for transaction to be processed

Issuance and Amendment

0.1% per month or part thereof – Minimum RM100*
(*Minimum RM200 for BG favouring Immigration)

Monday to Friday: 4.00 p.m same day

Replacement of lost Bank Guarantee

RM100 flat

Bank Guarantee Claims

RM100 flat

Note:
For General Charges, please refer to General Charges@Trade

Quick Guarantee (QG)

Types of Products / Services Fees & Charges Cut-off time for transaction to be processed
Issuance & Amendment 0.15% Per month (including claim period) or minimum RM150.00 

Monday to Friday : 12pm 

(*For same day issuance, you need to submit your application by 12:00 p.m. for collection by 4:00 p.m. Issuance is subject to you completing the application and getting the stamping of bank guarantee by yourself. It takes up to 3 working days for you to receive the stamped bank guarantee if you request the Bank to stamp the bank guarantee.)

Note:
For General Charges, please refer to General Charges@Trade

Standby Letter of Credit (SBLC)

Types of Products / Services

Fees & Charges

Cut-off time for transaction to be processed

Issuance and amendment involving increase in amount and / or extension of expiry date

0.1% per month or part thereof – Minimum RM100

Monday to Friday: 4.00 p.m. same day
 

It is estimated that funds will be credited by the receiving Bank on the next business day.

Amendments - others

RM50 flat

Acceptance 0.1% per month or part thereof - Min RM100

Cancellation prior to expiry date

RM100 flat

Documents Discrepancy Fee

RM denominated Documentary Credit - RM50 flat

FCY denominated Documentary Credit - USD50 flat or equivalent

Note:
For General Charges, please refer to General Charges@Trade

CIMB Bank Berhad reserves the right to vary the fees and charges stated above with prior notice or as agreed with the customer in the Letter of Offer.