Business banking schedule of charges

1.	Documentary Credit (Import)	Charges
1.1	L/C Opening	0.375% per quarter or part thereof - Min £200 (or equivalent USD/EUR)
1.2	Amendment
	Simple	£60.00
	Extension in expiry/enhancement in the value of credit	0.375% per quarter or part thereof - Min £75 (or equivalent USD/EUR)
1.3	Acceptance Commission	0.375% per quarter or part thereof - Min £100 (or equivalent USD/EUR) (Commission will be charged at the time of acceptance from the acceptance date to maturity date)
1.4	Cancellation Commission	No refund of previously charged commission - Min £100 (or equivalent USD/EUR)
1.5	Payment Against Documents	Negotiation/ppayment - 0.15% flat - Min £100 (or equivalent USD/EUR)
1.6	Documents Received on Inward Collection
	Sight Documents
	Amount up to £100,000	£70.00
	Amount over £100,000	£100.00
	Usance Documents (D/A Acceptance)
	Amounts up to £100,000	£100.00 per set of documents for equivalent USD/EUR
	Amounts Over £100,000	£150.00 per set of documents for equivalent USD/EUR
	Delivery Order	£40.00
	Overdue/Unpaid/Unaccepted Bills	£40.00 per set of documents or equivalent USD/EUR
	Cost of Follow-Up SWIFT Messages	£15.00 each message

2.	Documentary Credit (Export)	Charges
2.1	L/C Advising
	Value under £5,000	Flat* £225.00 (or equivalent USD/EUR)
	Value between £5,001 and £100,000	£55.00
	Value over £100,000	£85.00
2.2	Amending Advising	£35.00 (or equivalent USD/EUR)
2.3	L/C Negotiation (Sight)	0.25% or £100.00 (or equivalent USD/EUR) - includes advising, negotiation and postage, except amendment
2.4	L/C Negotiation (Usance)	0.25% or £100.00 (or equivalent USD/EUR)
2.5	Discrepancy Charges	£45.00 (or equivalent USD/EUR)
2.6	Reimbursement Claims
	Payment under £100,000	£50.00
	Payment under £100,000	£100.00
	Payments over £1,000,000 or above	£200.00
	Cost of Follow-Up SWIFT Messages	£15.00 each
2.7	Confirmations
	Negotiable	Min £300.00 (or equivalent USD/EUR) - Charges may vary upon cross border risk
	L/C Transfer	0.375% flat or min £250.00 (or equivalent USD/EUR)
	L/C Agreement	0.375% flat or min £250.00 (or equivalent USD/EUR)
	Indemnities Issued To Other Banks For:
	Discrepant Documents	£45.00 (or equivalent USD/EUR)
	L/C Cancellations	£50.00 (or equivalent USD/EUR)
2.8	Outward Documentary Collections (Export)
	Sight Documents
	Amounts Up To £100,000	£70.00 (or equivalent USD/EUR)
	Amounts Over £100,000	£100.00 (or equivalent USD/EUR)
	Usance Documents (D/A Acceptance)
	Amounts Up To £100,000	£100.00 (or equivalent USD/EUR)
	Amounts Over £100,000	£150.00 (or equivalent USD/EUR)
	*Includes advising, negotiating and postage, except amendment commission at the rate of £35.00 per amendment which is charged separately.

3.	Standard Transaction Charges	Charges
3.1	Debits
	Cheque Processing/Payment	50p
	Direct Debit Processing/Payment	50p
	Standing Order*	£1.00
	Transfer of Funds Within UBL UK	Free of charge
	Other Debits	50p
3.2	Credits
	Automated Credits	50p
	Cheque Deposits	50p
	Cash Deposits	50p
3.3	Unpaid Items
	Cheques Deposited Returned to You	£20.00
	Cheques Return Due to Insufficient Funds in Your Account	£35.00
	Direct Debit Return Due to Insufficient Funds in Your Acocunt	£35.00
3.4	Other Services
	Account Maintenance	£5.00 per month
	CHAPS/Same Day UK Payment	£25.00
	International Payment - Other Currencies	£25.00
	Foreign Currency Demand Draft	£10.00
	Usance Documents (D/A Acceptance)
	Bankers Cheque	£10.00
	Duplicate Statement	£4.00 per statement
	Audit/Reference Letters	£25.00
	Stop Cheques	£10.00
	Special Cheque Presentations	£10.00
	Special Cheque Presentation Payment	£10.00
3.4	Credit
	Subsequent Reminder (Letter)	£10.00
	Temporary Overdraft	Min £50 or 1% whichever is higher
	Renewal of Overdraft	Case by case basis
3.5	Remittances (Incoming/Outgoing)
	For Credit to a Customers Account With a Bank Amount up to £1,000.00	£10.00
	For Credit to a Customers Account With a Bank Amounts over £1,000.00	£25.00
	Payments against MT202 Incoming or Outgoing are free. As these payments are for own Account.
3.6	Clean Collections
	Amounts Up To £100.00	£5.00
	Amounts Over £100.00 But Less Than £1,000.00	£10.00
	Amounts Over £1,000.00	£15.00
3.7	Cheque Drawn On Your Account With UBL UK
	Payments	Free of charge
	Stop Payments	£10.00
3.8	Query Handling Charges
	For Transactions Involving Up To 3 Months Old	Free of charge
	Over 3 months Old	£25.00
3.9	Letter of Guarentee
	Issuance/Extension in Expiry	0.50% per quarter or part therof (min £400.00 or equivalent USD/EUR)
	N.B. The above charges are UBL UK's standard Account charges for Business Current Accounts. There is no account maintenance charge for Personal Current/Savings/Fixed Deposit Accounts.

Please note that UBL UK may change the charges in future. We will notify you before any changes take effect.

Business Banking Schedule of Charges