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Features & Benefits

Assurance
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Certainty

Eligibility

Applicable for all customers with a Standby Letter of Credit-i requirement

Fees and Charges

Type of Product/Service

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 - 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

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

 

Note: 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.

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