OTHERSERVICES
Charges for Corporate Customers
Schedule of Charges
Charges for Corporate Customers
| Services | Charges |
|---|---|
Cheque Processing |
|
| Issuing a cash withdrawal form to draw cash, in the absence of cheque leaf (Corporate accounts) | QR 50 |
| Cheque sent in special clearing (Outward clearing only applicable for QR 250,000 and above) | QR 100 per cheque |
| Cheque returned (Inward) due to present again | QR 400* |
| Cheque returned (Inward) due to insufficient funds / No funds | QR 400* |
| Cheque returned (Inward) due to legally accepted reasons (Difference in word & amount, missing / incorrect signatures, incorrect date format) | QR 200 |
| Cheque returned (Inward) effects not realized, present again | QR 500 per cheque |
| Cheque returned (Inward) due to any other reason | QR 250 per cheque |
| Cheque sent in collection locally | QR 50 per cheque |
| Stop payment of cheques | QR 50 per cheque |
| Stop payment of cheque book of any number of leaves | QR 500 for each cheque book (Corporate accounts) |
| Cheque books for corporate accounts | QR 40 (Per cheque book – 25 leaves) QR 60 (Per cheque book – 50 leaves) |
| Cheque books with specific design according to the desire of the customer | Actual cost + QR 500 |
| Delivery of cheque book by mail | QR 50 + Actual postage charge |
| Late payment fees for all past due payments | QR 100 (QR 25 per cheque) |
| Post-dated cheque any amount | Commission of .25% of the cheque amount (Minimum QR 25 and maximum QR 500) – Not applicable if it is a requirement under terms of approval for credit facilities |
| Replacement or cancellation of PDC | QR 25 per cheque |
| Cheque returned (Outward) | QR 100 per cheque |
| Outstanding PDC report | QR 50 |
Signature Verification on Cheque and Good for Payment Cheque |
|
| Signature verification based on the client request | QR 150 against each letter |
Instructions to Transfer from Accounts |
|
| Balance (Sweep) orders | Setup fee: QR 100 + Monthly: QR 40 p.m. |
| Sweep – Amendment / Cancellation / Closure | QR 50 |
| Note: (Transfer instruction on humanitarian reasons for Zakat, Red Crescent etc. will be free of charge) | |
Statement of Accounts, Balance Certificate & Advice |
|
| Issuing a monthly (Periodic) statement of Account | QR 50 |
| Statements endorsed by banks other than the periodic one | QR 50 per statement |
| Statements that show transactions for the past one to five years | QR 50 per statement |
| Statements that show transactions for more than five years ago | QR 50 per statement |
| Corporate Accounts statements that show transactions within one year | QR 50 per month |
| Corporate Accounts statements that show transactions more than one year | QR 100 per month |
| Duplicate copy of credit / debit advice | QR 75 per item |
| Charges for statements sent through MT 940 / MT950 | QR 500 per month |
Requesting Copies of Previously Paid Cheques |
|
| Less than one year | QR 100 per cheque (Corporate accounts) |
| More than one year | QR 200 per cheque (Corporate accounts) |
Issuing Certificates |
|
| Issuing of liability letter to other banks | QR 500 |
| Clearance letter (No liability certificate) | QR 500 (Corporate accounts) |
| Customer’s balance certificate / or another letter | QR 150 corporate accounts |
| Balance confirmation certificate to auditors | QR 500 corporate accounts |
| Issuing letters for companies under establishment to Ministry of Business & Trade (MBT) | QR 500 |
| Any duplicate credit / debit advice | QR 25 each |
| Online statement verification (Submitted by customer) | QR 50 (Within a year fixed) |
| Any other A/c investigation by customer | QR 150 |
| Hold mail (For bank statements) | QR 50 |
| Credit bureau reports (Per facility application / annual review) | QR 100 per request |
Accounts Maintenance Services |
|
Non-compliance with minimum average balance requirement in corporate current accounts:
Note:
|
QR 500 |
| Period of maintenance (Monthly average or quarterly average) | Monthly average |
| Charge for change in account title | QR 250 |
| Dormant accounts below QR 500 balance or its equivalent in other currencies | QR 250 |
| Search account number as per request of the customer | QR 20 |
| Penalty charges for breaking FDR before maturity | 1% less interest to be paid for the period from start date to break date |
| Re opening of closed accounts | QR 200 |
| Activation of dormant accounts (Corporate) | QR 250 |
| Cash withdrawal from / deposit to foreign currency account | 1.00% |
| Fees of service invoice payment | QR 5 |
| Bulk salary processing for third bank (Exceed 20 transactions) | QR 10 per item maximum QR 500 |
| Phone banking services | Free |
| Log in to account services through internet | Free |
Closing of Accounts |
|
| Fees of closing a corporate current account after 3 months from date of opening | QR 250 |
| Fees of closing a corporate current account within 3 months from date of opening | QR 300 |
Manager’s Cheques / FCY Draft |
|
| Issuing commission | QR 150 (Corporate accounts) |
| Stop payment / Cancellation | QR 100 |
| Postages charges | QR 50 |
| Courier charges | QR 125 |
Lost or Stop Payment Cheques |
|
| Charges for lost / stop payment cheques | QR 50 per cheque |
| Charges for lost / stop payment whole cheque book | QR 500 per book |
Power of Attorney |
|
| Recording fees | QR 50 |
| Amendment fees | QR 50 |
| Cancellation fees | QR 50 |
Uncollected and Destroyed Items |
|
| Cheque Books (more than 90 days) | Similar to cheque book cost / pricing at the time of issuance |
| ATM Cards | QR 50 |
E-Channels |
|
| Transfers to another bank inside Qatar through online channels | QR 10 |
| Transfers to another bank inside Qatar through branches | QR 35 |
| Phone banking services | Free |
| Log in to account services through internet | Free |
| Web Salary Charges – Corporate Accounts (As per QCB) | |
| 10 workers or less | QR 50 |
| 11-50 workers | QR 100 |
| 51-100 workers | QR 200 |
| 101-200 workers | QR 300 |
| 201-300 workers | QR 400 |
| 301-500 workers | QR 500 |
| 501-1,000 workers | QR 600 |
| 1,001-2,000 workers | QR 700 |
| 2,001-3,000 workers | QR 800 |
| 3,001-4,000 workers | QR 900 |
| 4,001-5,000 workers | QR 1,000 |
| 5,001 workers and above | QR 1,100 |
Safe Deposit Lockers |
|
| Security deposit for any size of locker (Refundable at the time of surrendering locker) | QR 1,000 (One time) |
| 12 x 33 x 51 (small size) | QR 500 p.a. |
| 24 x 33x 51 (medium size) | QR 750 p.a. |
| 32 x 33x 51 (large size) | QR 1,000 p.a. |
| 48 x 33x 51 (extra size) | QR 1,250 p.a. |
| On loss of key | QR 150 handling charge + Actual cost of breaking locker and making new key |
Accounts Mandate & Information / Documents Update |
|
| Non submission of valid establishment / computer card if not collected within one month of request | QR 995 |
| Non submission of FATCA / CRS certification form if not collected within one month of request | QR 995 |
| Non submission of valid QID / passport for authorized signatories if not collected within one month of request | QR 995 |
| Non submission of valid QID / passport for account holders if not collected within one month of request | QR 995 |
| Missing information (Invalid email / mobile / PO box) if not collected within one month of request | QR 995 |
| Missing / expired information update charge (CR) if not collected within one month of request | QR 995 |
Fund Transfer (Remittance) |
|
| Foreign Remittances (Outward) | |
| Transferring to another bank outside Qatar (If done manually else 25% discount for online) | QR 175 |
| Transferring to other countries (Full payment) (If done manually else 25% discount for online) | QR 250 |
| Local Remittances (Outward) | |
| Transferring to another bank inside Qatar (If done manually else 25% discount for online) |
QR 100 |
| Charges for Foreign Demand Drafts (FDD) | |
| G.C.C., middle east and asian countries | QR 100 |
| Rest of the world | QR 100 |
| Stop Payment, Cancellation, and Miscellaneous Charges | |
| Issuance of duplicate draft | QR 100 |
| Stop payment and cancellation of FDDs | QR 100 |
| Stop payment and cancellation | QR 100 |
| Misc. charges (For additional services required by remitters) | QR 100 |
| Foreign Remittances (Inward TT / Swift) | |
| If paid to account holder | QR 50 |
| If paid to beneficiary’s A/c in 3rd bank | QR 100 |
| In F/C and paid in QR to local banks | Buying rate less QR 50, our charges |
| Foreign Remittances (Inward FDD) | |
| In QR payable to A/c holder | No charge |
| In F/C to be paid in QR to local banks | Buying rate less QR 50 |
| Standing Instructions | |
| Recording Fees | QR 100 |
| Amendment Fee | QR 100 |
| Cancellation Fee | QR 100 |
| If sufficient fund is not available on due date | QR 150 |
| Transfer from one account to another inside the bank | QR 5 |
| Transferring to another bank inside Qatar | QR 100 |
| Transferring to another bank outside Qatar (Full) | In full QR 275 |
| Transferring to another bank outside Qatar | QR 175 |
| Instructions to Transfer from Accounts | |
| Transfer from one account to another inside the bank | QR 5 |
| Transfer to another bank inside Qatar | QR 100 |
| Transfer Salaries to other banks in Qatar | QR 10 per item maximum QR 500 |
| Outward Foreign Remittance – Quires and Investigation | |
| Inquiry for outward remittance | QR 100 + Other bank charges / QR 50 for each subsequent chaser |
| Recall of outward remittance | QR 150 + Other bank charges |
| Amendment of outward remittance | QR 100 + Other bank charges / QR 50 for each subsequent chaser |
| Copy of outward remittance | < 6 months QR 50 / > 6 months QR 150 |
Lending |
|
| Loans | |
| Rate of interest | At the discretion of credit committee. As per DOA |
| Loan commission | 1% of loan amount (No cap) |
| Past due interest on loans | 5% additional interest |
| Late payment fee on overdue / past due on loans | QR 250 |
| Postponement of loan instalment | QR 1,000 per instalment |
| Extension of repayment period of loan / LTR | 0.50% p.a. with minimum QR 1,000 |
| Prepayment penalty on terms of loan | 2% commission |
| Loan cancellation after approval (If not taken) |
0.1% of approved limit with a ceiling of QR 10,000 (Max) – If existing customer: Debit authority to be collected prior to processing |
| Commitment fee on unutilized loan amount after availability period | 1%; may be deducted directly from the loan value |
| Loan commission – Bridge loans | 1% flat |
| Loan commission on syndication loan | As per other agent bank proposal. However, deviation to be noted in credit proposal |
| Real estate financing (Annual review fee) | – Up to QR 50,000,000: 0.75% flat, – QR 50,000,000 to QR 100,000,000: @0.5% flat max QR 375K – Above QR 100,000,000: @0.25% flat max QR 500K |
| Refinancing full loan (New repayment schedule) | 1% flat |
| Extension of specific payments under refinance loans | – Up to 90 days – 1% flat fee on refinanced amount min QR 1,000 – Above 90 days – 1.5% flat fee on refinanced amount, min. QR 1,000 |
| Refinanced loan – Management fee | As agreed up on |
| Fee unfunded facility when loan is refinanced | As agreed up on |
| LC loan – Proposed commission on loan portion | 1.0% flat |
| Invoice Discounting | |
| Rate of interest | At the discretion of credit committee. As per DOA. |
| Commission on discounting of PPC – Contract financing | Commission 1% flat on each discounting |
| Management fee on discounting of invoices / cheques general limits | Commission 1% flat on each discounting |
| Commission on discounting of PPC / Cheques one off | Commission 1% flat on the limit |
| Overdraft | |
| Rate of interest | At the discretion of credit committee. Not less than RAROC hurdle requirement |
| Excess over limit on O/Ds without prior approval | 5% additional interest |
| Excess over limit on O/Ds with prior approval | – Interest rate: Applied as per committee approval – Comm: 1% flat on approved amount |
| Casual OD (TOD) for accounts overdrawn at any point of the month without prior approval | – Interest: penal rate 14.5% p.a. – Comm: For tenors more than 15 days, QR 5,000 |
| Casual overdraft with prior approval | – Interest rate: Applied as per committee approval – Comm: 1% flat on approved amount |
| Management fee / commissions on general funded facilities – New & renewal (Refer section 20.2 invoice discounting. SN 3) | 1% on general limits from time of last system renewal (New / Rnewal except inv discounting) |
| Commitment fee on unutilized overdraft charges | 0.5% p.a calculated and charged at the time of renewal on average unutilized amount in case the average facility utilization is less than 60% of the sanctioned limit. Note:-These charges are subject to ITD automation |
| Facility cancellation after approval (If not taken) | – 0.1% of approved limit with a ceiling of QR 10,000 (Max) per facility – If existing customer: Debit authority to be collected prior to processing – If new customer: Cheque drawn on other bank to be collected prior to processing |
| Annual review fee | 1% of total facility limit OD up to 50 Mn (No cap) OD over 50 Mn (Cap of 750K) |
| Car Loan / Equipment Financing | |
| Handling charges on car loans – Persons | 1% up front commission |
| Financing equipment and vehicles, for companies under wholesale banking dept | – Commission 2% on loan amount – Handling charges QR 550 per drawdown – Prepayment penalty 1% on outstanding amount – Additional charges for insurance, in case insurance is not obtained from Sharq Insurance : QR 500 |
| Postponement of car loan instalment | 1% of each postponed instalment (Min QR 50) |
| General Issues | |
| Non-submission of audited financials within 4 months of the financial year end or after time-period specified in FOL (Whichever later) |
– Up to 3 months late to cure QR 1,000 p.m. |
| Breach of financial covenants as per terms of credit facility approval | – Up to 3 months late to cure: 0.15% – More than 3 months late to cure: 0.30% – Flat fee per month or part thereof on outstanding facility amount |
| Breach of non-financial covenants as per terms of credit facility approval | – Up to 3 months late to cure: 0.15% – More than 3 months late to cure: 0.30% |
| Delay in submission of facility and security documents as stipulated in approval terms | QR 100 per day per pending document (30 days after issuance of FOL) |
| Delay in submission of adequate insurance and endorsement of policy | QR 5,000 per month or part there of |
| Breach of LTV ratio (Security coverage) ratio | Default interest of 2% p.a. daily on the value of the shortfall in security cover (After cure period) as per approved terms |
| Valuation report from external valuers | Actual valuer charges + QR 2,000 per report |
| Valuation report from in house resources | Actual valuer charges + QR 2,000 per report |
| Preparation and registration of mortgage of properties per title deed / Ind.plot + POA | – QR 1,000 – QR 1,500 for urgent mortgage (Per title deed) |
| Preparation and registration of Hawalatul Haq | QR 300 per transaction document |
| Release of charges on properties / shares or vehicles | QR 400 per transaction document |
| Amendment in mortgaged properties | QR 200 per transaction document |
| Registration of pledge of shares + POA | QR 400 per transaction document |
| Monthly charges if minimum average balance not met (Current accounts) | Covered under section 8.0, Account maintenance, SN 01 |
| Issuance of reference letters by WSB | QR 100 |
Trade Finance Services |
|
| Import Letters of Credit & Amendments | |
| A. Import Letters of Credit | |
| Up to QR 500,000 validity less than 3 months | Min of QR 500 or 0.50% per quarter whichever is higher |
| If the validity of L/C is more than 3 months and L/C amount is not more than QR 500,000 | |
| – For 1st quarter | 0.50% per quarter |
| – For remaining period | 0.125% per month |
| Where L/C amount exceeds QR 500,000 with validity within 3 months | |
| – 1st QR 500,000 | 0.50% per quarter |
| – Remaining amount | 0.125% per quarter |
| IF L/C amount is more than QR 500,000 and its validity is also more than 3 months | |
| – 1st QR 500,000 | 0.50% per quarter. For minimum 3 months (Minimum QR 300) |
| – Remaining amount | 0.125% per quarter. for minimum 3 months (Minimum QR 300) |
| – For additional 3 months, commission will be calculated on whole L/C amount | 0.0625% (1/16) per month for minimum 3 months (Minimum QR 300) |
| Note: Any increase in amount of L/C or extension in validity period rates of commission will be charged as above. | |
| Draft LC | QR 350 |
| B. Amendments to Import Letters of Credit | |
| Any Amendments other than amount increase and LC expiry date extension | QR 350 |
| Increase in value | Same as LC issuance |
| Postages | QR 125 |
| Revolving letter of credit | Normal charges for I quarter |
| Commission on revolving L/Cs (Reinstatement of amount) | 1/8% QR 500 |
| Commission on revolving L/Cs (Government) | 1/8% (Flat) |
| QR 500,001 and above | 1/16% (Flat) |
| SWIFT / Postage | |
| Brief cable charges | QR 365 |
| Swift | QR 350 |
| Postages | QR 125 |
| Courier charges | QR 300 |
| Draft LC | QR 350 |
| Deferred Payment
(Calculated from the date of expiry or first quarter from the date of issue of LC, whichever is the latest) |
|
| Deferred payment commission | 1/8 % p.m. irrespective of value min. QR 350 |
| Swift Charges | QR 250 |
| Negotiation commission for local bills | 0.125% of invoice amount (Minimum QR 500) |
| Accepted guaranteed draft | – 1/8% (0.125%) minimum QR 350 – 1/16% (0.0625%) minimum QR 350 |
| Advising commission | – Up to QR 100,000: QR 200 – Over QR 100,000: QR 350 |
| Advising amendment | QR 150 |
| Shipping Guarantee / Delivery Orders | |
| Shipping guarantees / Delivery orders | QR 375 + Postages + Handling (Minimum QR 500) |
| Postages | QR 50 |
| Handling | QR 100 |
| Bills Under Documentary Overdraft | |
| Advising L/C | – Up to QR 100,000 or equivalent: QR 300 – Over QR 100,000: QR 350 |
| Advising amendment | QR 250 |
| Negotiation Commission – For Local Bills | |
| Bill Amount up to QR 500K | 1/8% minimum QR 350 |
| Bill amount more than QR 500K | 1/16% minimum QR 500 |
| Payment charges | QR 200 |
| Swift charges | QR 250 |
| Postages | QR 75 |
| Export Letter of Credit | |
| Pre-Advising | QR 150 |
| Advising L/C | – Up to QR 100,000 or equivalent: QR 300 – Over 100,000: QR 350 |
| Advising amendment | QR 250 |
| Adding confirmation | As per arrangement |
| Extension of validity period if credit is confirmed | Same as L/C advising of a confirmed L/C |
| Negotiation commission | 0.125% p.a. of invoice amount (Minimum QR 500) |
| SWIFT payments transfers (Local banks) | QR 350 |
| SWIFT payments transfers (Foreign banks) | QR 350 |
| Transferring L/C charges | ¼% min. of QR 750 |
| Transferring L/C swift charges | QR 365 |
| Amendment advised through local banks | QR 200 |
| L/C advised through local banks / foreign banks swift charges | QR 365 |
| Swift charges | QR 350 |
| Advising discrepancies to negotiating bank | QR 350 |
| Postages | QR 100 |
| Reimbursement / remittance commission | QR 350 per negotiation |
| Discounting commission | As per arrangement |
| Outward Documentary Bills for Collection (OFDBC) | |
| Commission | 1/8% min. QR 350 |
| Courier | QR 150 |
| Swift | QR 350 |
| Postages | QR 100 |
| Letter of Guarantee (Local) / Customer Enjoying L/G Facility | |
| Bid bond / Tender bond | 1.5% p.a. minimum QR 500, + Handling QR 100, + Postage QR 50 |
| Performance bond / Other bonds | 2% p.a. minimum QR 500, + Handling QR 100, + Postage QR 50 |
| Amendment charges | Same as issuance |
| Letter of Guarantee (Local) / Customer Who do Not Enjoy L/G Facility | |
| Bid bond / Tender bond / Performance bond / Adv. bond / Other bonds | 2% p.a. minimum QR 500, + Handling QR 100, + Postage QR 50 |
| Further extensions of maturity of guarantees | Commission for extended period (As per tariff of issuance) minimum QR 500, + Handling QR 100, + Postage QR 50 |
| Other amendment | Handling QR 100, + Commission QR 100, + Postage QR 50 |
| Customer who does not enjoy L/G facility (BB / PB / ADV / Other bonds) | – 0.5% p.a. (This is against 100% cash margin) – 100% against lien on deposit comm will be 0.75% p.a. |
| Other L/G Charges for the Customer Who Enjoys / Does Not Enjoy Facility | |
| Handling | QR 100 |
| Postages | QR 50 |
| Issuance of 3rd party G tees | Standard charges + QR 250 |
| Charges for reinstatement of expired guarantees | Min of QR 500 commission rate to be guided as per facility sanction terms |
| Early cancellation of guarantees | QR 300 |
| Fax indemnity service | QR 250 per month or a one-time fee QR 3000 |
| Letter of Guarantee (Foreign) | |
| For all inward foreign guarantees bid bond / Tender bond / Performance bond / Payment guarantees / Other bonds | As per arrangements |
| Telex charges / Swift charges | QR 200 |
| In addition to commission, further commission will be recovered as handling charge for foreign LG cases. | QR 200 |
| Outward foreign guarantee issuance and amendment | Pricing same as Local Minimum QR 500, + Handling QR 200, + Postage QR 50 |
| Inward Documentary Collections (IDBC) and Clean Bills (IBC) | |
| Up to QR 10,000 | QR 150 |
| QR 10,000 to 100,000 | 1/4% min. QR 200 |
| Over QR 100,000 | 1/8% min. QR 350 |
| Import documentary drawn on other banks | Same as above |
| Inward clean collection (Financial document) | Same as above |
| Onward collection to other banks in Qatar | Same as above |
| Swift charge | QR 250 |
| Postages | QR 50 |
| Courier | QR 150 |
| Returned bills | Comm.(Same as above, S/N 1,2,3) + Cost of swift (QR 250) + Handling charges of QR 150 |
| Cheques received in IBC and returned unpaid | QR 500 each cheque |
| Clean Bills (Cheques) | |
| Up to QR 10,000 | QR 100 flat |
| From QR 10,001 to QR 100,000 | QR 150 flat |
| Over QR 100,000 | QR 200 flat |
| Post Dated Cheques | |
| Commission – If cheque amount up to QR 10,000 | Commission of 0.25% of the value of the cheque with a minimum of QR 25 and a maximum of QR 500 per cheque |
| Post dated cheque commission up to QR 100,000 | Same as above |
| Post dated cheque commission up to QR 500,000 | Same as above |
| Post dated cheque commission up to QR 1 Mn | Same as above |
| Postages | QR 50 |
| Safe keeping of a postdated cheque | Postdated cheques as per our own criteria |
| Loan cancellation after approval | QR 250 |
| Local Bills Discounted (Bills under Import LC) | |
| Commission – Document value up to QR 100,000 | QR 200 |
| Commission – For document value between QR 100,001 to QR 250,000 | QR 300 |
| Commission – For document value between QR 250,001 to QR 500,000 | QR 400 |
| Commission – For document value between QR 500,001 to QR 1,000,000 | QR 500 |
| Commission – for document value more than QR 1,000,001 | QR 600 |
| Postages | QR 50 |
| Loan against Local Bills (Cheques) | |
| Up to QR 10,000 | QR 30 |
| From QR 10,001 to QR 50,000 | QR 60 |
| For more than QR 50,000 | QR 125 |
| Returned cheques | QR 50 |
| Postage | QR 100 |
| Local Bills Discounted (Cheque / Invoice) | |
| Interest (Local bills discounted) | Interest rate to be guided as per facility sanction terms |
| Commission | QR 25 each cheque |
| Postage | QR 50 |
| Outward Foreign Currency Cheques for Collection (FCCC) | |
| Up to QR 500 | Commission QR 15 + Postage QR 100 |
| From QR 501 to QR 10,000 | Commission QR 25 + Postage QR 100 |
| From QR 10,001 to QR 50,000 | Commission QR 40 + Postage QR 100 |
| From QR 50,001 to QR 100,000 | Commission QR 50 + Postage QR 100 |
| From QR 100,001 to QR 500,000 | Commission QR 100 + Postage QR 100 |
| More than QR 500,000 | 1/32% (0.03125%) + Postage QR 100 |
| Postages | QR 100 |
| Courier | QR 185 |
| Swift | QR 350 |
| Returned Cheques | |
| Cheques sent in OBC and returned unpaid | QR 100 each cheque + F/B charges |
| Foreign Bills Purchased | |
| A. Travelers Cheque, Foreign Demand Draft and Cheques Drawn on Foreign Banks | |
| Cash payment or credit to account (T.C) | QR 5 per instrument (Minimum QR 30) |
| Cash payment or credit to account in same currency (T.C) | 0.50% exchange compensation or minimum QR 50 |
| B. Cheques, Draft drawn on Foreign Bank to be credited to account only and if: | |
| Proceeds credited to account in QR | Buying rate + Postage (Minimum QR 50) |
| Proceeds credited to F/C Account | 0.50% exchange comp. + Postage min. US$ 15, or equivalent |
| Cheques purchased & returned unpaid on presentation | QR 100 each cheque + Correspondents charges, if any |