ICICI Bank ICICI Bank

Schedule of Charges for IBU GIFT City branch

 

 

Imports
S. No Description of charges Charges
1 Import Bill Payment (Collection, LC, Direct)  0.125% Minimum Tx_FCY 50
2 Return of documents/Dishonour  Tx_FCY 100
3 Liquidation of Import Bills under LC  0.125% Minimum Tx_FCY 50
4 Overdue charges for Import Bills  Tx_FCY 25 per month(After 1st Month)

Exports
S. No Description of charges Charges
1 Bill Handling (Including for Regularisation, Negotiation) As Arranged
2 Export LC Advising (Including amendments) Tx_FCY 50
3 Return of documents/Dishonour Tx_FCY 100
4 Write-off As Arranged
5 Crystallisation As Arranged
6 Confirmation of LC  As specified by IFIG/FIG
7 Overdue charges for Export Bills Tx_FCY 25 per month(After 1st Month)
8 Negotiation / Discounting of Export Bills As Arranged
9 Export Bills on Collection - Sight / Usance  0.0625% Minimum Tx_FCY 50

Letter of credit
S. No Description of charges Charges
1 Import LC Issuance - Sight / Usance (If not defined in CAL)  CAL
2 LC issuance SWIFT Charges (If not defined in CAL) Tx_FCY 50
3 LC amendment (for extension in period or enhancement in value, LC issuance charges will be additionally recovered) CAL
4 Amendment of LC - Other than Amount & Validity Tx_FCY 50 
5 LC Cancellation  Tx_FCY 50 
6 Devolvement of bills (If not defined in CAL) Tx_FCY 50 
7 Discrepancy Fee per drawing Tx_FCY 100 
8 Acceptance of overdrawn bill under LC LC issuance charges will be applicable for overdrawn amount
9 Transfer of LC  In case of credit client charges applicable for LC facility, otherwise 1% p.a. or min. Tx_FCY 100

Bank Guarantee/SBLC
S. No Description of charges Charges
1 SBLC / Guarantee Issuance (If not defined in CAL)  0.40 % PA or min. Tx_FCY 50
2 BG amendment (for extension in period or enhancement in value, BG/SBLC issuance charges will be additionally recovered)  Tx_FCY 50
3 Invocation Claim Processing Tx_FCY 50
4 SBLC / Guarantee advising  Tx_FCY 50
5 BG Advising Tx_FCY 50

SWIFT
S. No Description of charges Charges
1 Applicable for non-financial messages - Customer induced. If not defined in CAL or not mentioned in “arrangement”)  Tx_FCY 15

Courier
S. No Description of charges Charges
1 Courier Charges - Within India Tx_FCY 10
2 Courier Charges - Overseas Tx_FCY 50

Miscellaneous
S. No Description of charges Charges
1 Fund transfer between ICICI Bank GIFT city accounts of same or different clients NIL
2 Solvency/Net-worth certificate Tx_FCY 15
3 Inward remittance NIL
4 Outward fund transfer - SWIFT Charges Flat Tx_FCY 10
5 Outward / Swift charges for proceeds of loan disbursements  NIL
6 Outward / Swift charges for fund transfer on maturity of deposits NIL

General Banking Charges
S. No Description of charges Charges
1 Statement of account NIL
2 Additional Statement of account - Customer induced Flat Tx_FCY 5
3 Account maintenances charges - GIFT City registered Entity  NIL
4 MT 940 statement setup  Flat Tx_FCY 5
5 Branch based transactions including Bankers' Report, Certificate of Balance, Signature Verification or any other certificate – Customer Induced”  Flat Tx_FCY 10

Correspondent bank charges
S. No Description of charges Charges
1 Correspondent Banking Charges will be recovered:  At Actuals

“All charges/fees/commission are exclusive of GST as applicable from time to time.”

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