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Documentary Credit-i (DC-i)

Type of products / services

Fees & Charges

Cut-off time for transaction to be processed

Issuance & 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

(Crediting of funds by receiving Bank on the next business day - estimation)

Amendment - others

RM50 flat

Acceptance

0.1% per month or part thereof -
Minimum RM100

Cancellation prior to expiry date

RM100 flat

Document discrepancy fee

RM denominated Documentary Credit-i - RM50 flat

FCY denominated Documentary Credit-i - USD50 flat

Endorsement RM50 flat.  

Note:

For general charges, please refer to General Charges@Trade.

Inward Bills for Collection-i (IBC-i)

Type of products / services

Fees & Charges

Cut-off time for transaction to be processed

Collection Service

0.1% flat on Collection value
 

RM denominated Collection –
Minimum RM50 ; Maximum RM500 
 

FCY denominated Collection –
Minimum RM50 ; Maximum RM100

Monday to Friday: 4:00 p.m. same day

(Crediting of funds by receiving Bank on the next business day - estimation)

Commission in Lieu of Exchange

0.1% flat on FCY Settlement value –
Minimum RM50 ; Maximum RM300

Note:

For general charges, please refer to General Charges@Trade.

Shipping Guarantee-i (SG-i)

Type of products / services

Fees & Charges

Cut-off time for transaction to be processed

Issuance

0.1% flat on Invoice value for 3 months – Minimum RM50

Monday to Friday: 4:00 p.m. same day

Cancellation after 3 months

0.5% p.a. on Invoice value, upfront for 3 months and subsequently 3 months thereafter until Shipping Guarantee-i is returned – Minimum RM50

Note:

For general charges, please refer to General Charges@Trade.

Accepted Bills (AB-i)

Type of products / services

Fees & Charges

Cut-off time for transaction to be processed

Accepted Commission

As per Letter of Offer

 - Monday to Friday: 4:00 p.m.

- For transactions involving RENTAS payment, the cut-off time is 12:00 p.m.

Note:

For general charges, please refer to General Charges@Trade.

Trust Receipt-i (TR-i)

Type of products / services

Fees & Charges

Cut-off time for transaction to be processed

As per Letter of Offer

- Monday to Friday: 4:00 p.m.
- For transactions involving RENTAS payment, the cut-off time is 12:00 p.m.

Note:

For general charges, please refer to General Charges@Trade.

Multi Currency Trade Financing-i (MCTF-i)

Type of products / services

Fees & Charges Cut-off time for transaction to be processed
Handling Commission
(for open account only)

0.1% flat on financing value -

Minimum RM50 ; Maximum RM100

- Monday to Friday: 4:00 p.m.
- For transactions involving RENTAS payment, the cut-off time is 12:00 p.m.

Note:

For general charges, please refer to General Charges@Trade.

CIMB Islamic 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.