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Old January 7th, 2016, 04:27 PM
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Default union bank of india lc opening charges

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  #2  
Old May 29th, 2017, 05:30 PM
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Default Re: union bank of india lc opening charges

I want to know the opening charges of Letter of Credit LC in Union Bank Of India so can you please tell me?
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  #3  
Old May 29th, 2017, 05:32 PM
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Default Re: union bank of india lc opening charges

I am telling you the charges of Revolving Letter of Credit LC in Union Bank Of India

Union Bank Of India Revolving Letter of Credit LC charges w.e.f. 01-06-2016

LC opening charges plus on each reinstatement, usance charge according to tenor and
commitment charge @ 0.293% + Service Tax will be charged on the reinstated amount, Min. Rs.250/- + Service Tax (Total : Rs.288/-).

Rate of charge-

Usance charges/Commitment Charges

LC opening charges plus on each reinstatement, usance charge according to tenor and commitment charges @ 0.293% will be charged on the
reinstated amount. Minimum - Rs.250.00 + Service
Tax (Total : Rs.288/-).

Transferable Letter of Credit-

Rs.270.00 + Service Tax (Total: Rs.311/-) per transfer except when the name of the beneficiary is changed under instructions from opening Bank.

When reimbursement under LC is claimed by an AD in India from our Bank-
Rs.888/- per reimbursement

Commission for joining in customers’
guarantee/indemnity on behalf of the customer to
other banks in India in respect of discrepancies in
documents negotiated under LC.
@ 0.262% with a minimum of
Rs.626/-.


Union Bank Of India Service Charges (w.e.f. 01-06-2016)






For more details here is the attachment
Attached Files
File Type: pdf Union Bank Of India Service Charges.pdf (371.7 KB, 0 views)
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