Fees and charges

Contact us

Request a callback

Every customer enquiry is important to us. By providing details about your business interests we can direct your enquiry to our most relevant team member.

Please don’t enter confidential information such as your bank account details here.
All fields are mandatory unless otherwise indicated as optional.

  1. Current: Step 1 of 2 01
  2. 02 Step 02

Reason for contacting us

Enter a topic
Enter a topic

Contact details

Please enter your name
Please enter your telephone number

When may we call you?

Preferred time of day

We will call you within the next 3 business days

Back

Request a call-back - Your business interests (optional)

Every customer enquiry is important to us. By providing details about your business interests we can direct your enquiry to our most relevant team member.

Please don’t enter confidential information such as your bank account details here.
All fields are mandatory unless otherwise indicated as optional.

  1. 01 Completed Step 01
  2. 02 Current Step 02

Business size (optional)

Your business turnover

Your industry sector (optional)

Your market interest (optional)

Which international markets interest you?

Add your business interests

Please don’t enter confidential information such as your bank account details here.
All fields are mandatory unless otherwise indicated as optional.

Business size

Your business turnover

Your industry sector

Your market interest

Which international markets interest you?

Request a callback

  • Sorry

We’ve encountered a problem

We couldn’t send your message. Please try again, return later or call us on

Request a callback

  • Thank you

We’ll be in touch

A Relationship Manager from HSBC Bahrain will give you a call within three business days.

Your interests

  • Business name:
  • Turnover:
  • Sector:
  • Location:
  • International markets:

Add your business interests

We won’t sell your data or misuse it. Read how we handle your details in our cookie policy.

HSBC Corporate Services Price Guide

Important:

  • This tariff will be effective from 1 March 2021 all HSBC business customers in the Kingdom of Bahrain
  • The Bank reserves the right to amend, at any time, its charges, commission or fees and may notify the customer in any manner it deems appropriate
  • All fees apply to normal banking transactions. The Bank reserves the right to levy additional charges for services provided, at its sole discretion
  • The tariff for any services not mentioned will be available on request

Account Services

Current Accounts

Service Charges Inclusive of VAT (BHD)
Monthly service charge BHD50 BHD52.500

 

Call Deposits

    Inclusive of VAT (BHD)
Below minimum balance No interest -

 

Time Deposits

    Inclusive of VAT (BHD)
Minimum balance BHD1,000 -
USD10,000 -
GBP5,000 -
EUR10,000 -
Early withdrawal service charge BHD40 plus cost of funds (cost of borrowing)

 

Account Mandate and Maintenance

    Inclusive of VAT (BHD)
Change of Account Title BHD5 BHD5.250
Account Closure (within 6 months of opening) BHD10 BHD10.500
Reactivation of Dormant / Unclaimed Account BHD100 BHD105
Amendment of Signatories Record BHD5 BHD5.250

 

Account Transaction Charges

    Inclusive of VAT (BHD)
Cash Deposit Transactions through Direct Banking Channels Free -
Cheque Deposit Transactions through Direct Banking Channels Free -
Bulk Deposit / Withdrawals of coins BHD10 per transaction BHD10.5
Deposit / Withdrawal of foreign currency notes 1% of the transaction amount (min BHD10) 1.05% (Inclusive of VAT) of the transaction amount (min BHD 10.5)

 

Issuance of Certificates / Statements (a)

    Inclusive of VAT (BHD)
Balance Letter BHD20 BHD21
Trade & Credit Information BHD20 BHD21
Initial Capital confirmation to Ministry of Commerce BHD10 BHD10.500
Audit Confirmation BHD30 BHD31.500
Duplicate Statements BHD5 per month (Up to 3 months) BHD5.250
BHD10 per month (Over 3 months and upto 10 years history) BHD10.500
Retrieval of Old Record/Transaction BHD10 per month(Up to 3 months) BHD10.500
BHD15 per month (Over 3 months and upto 10 years history) BHD15.750

 

Other Services

    Inclusive of VAT (BHD)
Statement reporting through SWIFT (monthly) BHD20 BHD21

 

Payments

Internal Transfer

    Inclusive of VAT (BHD)
Internal Transfer within HSBC Bahrain - Electronic Free -

 

Telegraphic transfer (TT)

    Inclusive of VAT (BHD)
Cross Border Telegraphic Transfer - Electronic BHD3.75 BHD3.94
Cross Border Telegraphic Transfer - Manual BHD20 BHD21
Local/Central Bank Telegraphic Transfer - RTGS BHD0.400 BHD0.42
Local/Central Bank Telegraphic Transfer - EFTS Salary Payments: BHD 0.005 per transaction BHD0.005
Non-salary Payments: BHD 0.100 per transaction BHD0.105
Correspondent bank charges BHD10 BHD10.500
Payment Amendments / recall of Funds / Fate Enquiry / Payment investigation BHD 15 ( Up to 3 SWIFTS ) BHD 15.750

 

Cashiers Order / Demand Draft

    Inclusive of VAT (BHD)
Issuance - Manual BHD10 BHD10.500
Issuance - Electronic BHD2 BHD2.100
Cashiers Order Cancellation / Stop Payment BHD25 BHD26.250
Demand Draft Cancellation / Stop Payment BHD25 + Correspondent Bank charges BHD26.25 + 1.05% correspondent bank Charges (Inclusive of VAT)

 

Standing Instruction (SI)

    Inclusive of VAT (BHD)
Set up BHD5 BHD5.250
Amendment BHD5 BHD5.250
If Standing Instruction failed BHD25

 

Salaries & Bulk Payments

E-Channels Inclusive of VAT (BHD)
Transaction Fee - E-Channels - HSBC Free -
Transaction Fee - e-Channels- Non HSBC - EFTS Salary Payments: BHD 0.005 per transaction BHD0.005
Non-salary Payments: BHD 0.100 per transaction BHD0.105

 

Return Fees Inclusive of VAT (BHD)
Returned Items (per item) BHD 15 Returned Items (Per item - for outward by HSBC and returned by other banks ) BHD 15.750
BHD 25 retunred Items (per transaction - for inward by other banks and returned by HSBC ) BHD 26.250

 

Inward Payments Inclusive of VAT (BHD)
Credited to HSBC BHD account Free -
Paid in the same currency to the beneficiary account
(per transaction)
0.2% of remittance amount (Minimum BHD5 & Maximum BHD200) 0.21% ( Inclusive of VAT- Minimum BHD 5.250 and Maximum BHD 210)

 

Notes:

Please be advised that HSBC continues to review our tariff on an ongoing basis with a view to reducing, where possible, the cost of electronic transactions and bringing the advantages of technology to your business.

  1. Electronic: Transactions originating from HSBCnet and internet banking.
  2. Manual: Transactions originated through branches and telephone banking.
  3. The above charges are for HSBC Bahrain only. Other banks, including HSBC offices, may deduct their charges from the remittance amount.
  4. The value date is subject to the respective currency cut-off time and holidays.

 

Cheques

    Inclusive of VAT (BHD)
Issuance of Cheque Book (Issued at HSBC's Discretion) BHD10 BHD10.500
Specially designed cheque books BHD50 administrative fee plus print costs BHD52.500

 

BHD Cheques

    Inclusive of VAT (BHD)
Incoming Cheques and Outgoing Cheques Free -
Returned Cheque drawn on own account, due to Technical Reasons BHD10 BHD 10.500
Returned Cheque due to reasons - Refer to Drawer, Not Arranged For, Represent the Cheque Again and insufficient fund BHD 14 BHD 14.700
Stop Payment of Cheques BHD10 per cheque BHD 10.500

 

Foreign Currency Cheques and Cheques Drawn on Overseas Banks

    Inclusive of VAT (BHD)
Cheque sent for collection BHD10 per cheque* BHD10.500
- collection will be only for cheques drawn on HSBC , HSBC affiliates or local banks BHD5 per cheque plus 0.1% (Minimum BHD5 - Maximum BHD200)* BHD 5.250 per cheque plus 0.105% (Inclusive of VAT Minimum BHD 5.250 - Maximum BHD 210)
*Courier charges may apply on USD cheques drawn on HSBC entities and affiliates for clearing through physical collection outside Bahrain. Courier Charges plus 5% VAT
Return cheque charges BHD 10 plus other bank charges if any BHD10.500

 

HSBCnet

    Inclusive of VAT (BHD)
Set up (Accounts set up; Initial Training) FREE -
Box of 5 Security Devices BHD30 BHD31.500
Monthly Service Charges BHD10 BHD10.500
Monthly file upload option charge (incorporated in monthly service charge) BHD20 BHD21.000
Linking additional accounts BHD5 per account BHD5.250
Adding System Administrator Free -
Additional phone training Free -

 

Cheque Outsourcing ( COS) / Adhoc COC / DD Issuance

    Inclusive of VAT (BHD)
Cheque Outsorcing One Time Set Up Fee BHD20.000 BHD21.000
Cheque Outsourcing Monthly Fee BHD10.000 BHD10.500
Cashier Order via COS BHD0.750 BHD0.790
Demand Draft via COS BHD1.500 BHD1.575
Company Cheque via COS BHD0.900 BHD0.945

 

Receivable Management Services (RMS)

    Inclusive of VAT (BHD)
RMS Set-up Fee BHD 50 BHD 52.500
RMS Monthly Maintenance Fee (Flat) BHD 25 BHD 26.250
Advising (Email) per instruction BHD 0.050 BHD 0.052
RMS Amendment Fee BHD 10 BHD 10.500

 

Balance Inquiry ( ATM )

    Inclusive of VAT (BHD)
HSBC Bahrain ATMs Free -
GCC countries at GCCNet ATM BHD0.500 BHD0.525
Internationally at HSBC ATMs on GATS network* Free -
Internationally at HSBC ATMs and Non HSBC ATMs on PLUS / CIRRUS (VISA) Networks Free -

 

Cash Withdrawals

    Inclusive of VAT (BHD)
HSBC Bahrain ATMs Free -
GCC countries at GCCNet ATMs BHD1.000 BHD1.050
Internationally ATMs on GATS network* BHD1 BHD1.050
Internationally at HSBC ATMs and Non HSBC ATMs on PLUS / CIRRUS (VISA) Networks BHD2.000 BHD2.100

 

Note:
* Additional other bank's charges (if any, including HSBC outside Bahrain) may be applied.

Global Liquidity Solutions

Cross Border Cash Concentration

Service Charges Inclusive of VAT (BHD)
Set Up Fee (one time per structure) USD 2,500 / BHD 900 BHD 945.000
Sweep Fee (monthly per sub-master relationship) USD 150 / BHD 50 BHD 52.500
Amendment Fee (per amendment) USD 250 / BHD 90 BHD 94.500

 

Domestic Cash Concentration

Service Charges Inclusive of VAT (BHD)
Set Up Fee (one time per structure) USD 2,500 / BHD 900 BHD 945.000
Sweep Fee (monthly per sub-master relationship) USD 100 / BHD 30 BHD 31.500
Amendment Fee (per amendment) USD 250 / BHD 90 BHD 94.500

 

Interest Enhancement Facility

Service Charges Inclusive of VAT (BHD)
Set Up Fee (one time per structure) USD 2,500 / BHD 900 BHD 945.000
Monthly Service Charge (per account) USD 150 / BHD 50 BHD 52.500
Amendment Fee (per amendment) USD 250 / BHD 90 BHD 94.500

 

Commercial Credit Cards

Commercial Cards Tariff Guide

Corporate

Description Charges Inclusive of VAT (BHD)
Annual Fee per Card BHD 30 BHD31.5
Account set up Fee (one off) No Charge NA
Finance charges On Purchases (interest) 2% NA
Finance charge on Cash W/D (interest) 2% NA
Cash Advance Fees 4% or BHD 10 min 4.2% or BHD 10.5 min (Inclusive of VAT)
Returned Cheque fee BHD10 BHD10.500
Card replacement fee BHD5 BHD5.250
PIN replacement BHD5 BHD5.250
Over Limit Fee BHD10 BHD10.500
Late payment Fee BHD15 BHD15.750
Copy of the sales voucher (Per Slip) BHD25 BHD26.250
Charge for each disputed transaction which is rejected by the bank after reviewing evidence BHD10 BHD10.500
Foreign Currency Transactions
Please note that card transactions conducted in currencies other than Bahraini Dinar will be subjected to a FX processing fee
Up to 2.5% Up to 2.625% (Inclusive of VAT)
Statements (Mailed Copy) Free -
Statements (Extra Copy) BHD10 BHD10.500

 

Purchasing

Description Charges Inclusive of VAT (BHD)
Annual Fee per Card BHD 20 BHD21
Account set up Fee (one off) No Charge NA
Finance charges On Purchases (interest) 2.25% NA
Finance charge on Cash W/D (interest) NA NA
Cash Advance Fees NA NA
Returned Cheque fee BHD10 BHD10.500
Card replacement fee BHD5 BHD5.25
PIN replacement BHD5 BHD5.25
Over Limit Fee BHD10 BHD10.500
Late payment Fee BHD 15 BHD15.750
Copy of the sales voucher (Per Slip) BHD25 BHD26.250
Charge for each disputed transaction which is rejected by the bank after reviewing evidence BHD 10 BHD10.500
Foreign Currency Transactions
Please note that card transactions conducted in currencies other than Bahraini Dinar will be subjected to a FX processing fee
Up to 2.5% Up to 2.625% (Inclusive of VAT)
Statements (Mailed Copy) Free -
Statements (Extra Copy) BHD10 BHD10.500

 

Lodged

Description Charges Inclusive of VAT (BHD)
Annual Fee per Card BHD 5 BHD5.25
Account set up Fee (one off) No Charge NA
Finance charges On Purchases (interest) 2.25% NA
Finance charge on Cash W/D (interest) NA NA
Cash Advance Fees NA NA
Returned Cheque fee BHD 10 BHD10.500
Card replacement fee BHD5 BHD5.250
PIN replacement BHD5 BHD5.250
Over Limit Fee BHD10 BHD10.500
Late payment Fee BHD 15 BHD15.750
Copy of the sales voucher (Per Slip) BHD25 BHD26.250
Charge for each disputed transaction which is rejected by the bank after reviewing evidence BHD 10 BHD10.500
Foreign Currency Transactions
Please note that card transactions conducted in currencies other than Bahraini Dinar will be subjected to a FX processing fee
Up to 2.5% Up to 2.625% (Inclusive of VAT)
Statements (Mailed Copy) Free -
Statements (Extra Copy) BHD10 BHD10.500

 

Virtual Card

Description Charges Inclusive of VAT (BHD)
Annual Fee per Card No Charge No Charge
Account set up Fee (one off) No Charge NA
Finance charges On Purchases (interest) 2% NA
Finance charge on Cash W/D (interest) NA NA
Cash Advance Fees NA NA
Returned Cheque fee BHD 10 BHD10.500
Card replacement fee NA NA
PIN replacement NA NA
Over Limit Fee BHD10 BHD10.500
Late payment Fee BHD 15 BHD15.750
Copy of the sales voucher (Per Slip) BHD25 BHD26.250
Charge for each disputed transaction which is rejected by the bank after reviewing evidence BHD 10 BHD10.500
Foreign Currency Transactions
Please note that card transactions conducted in currencies other than Bahraini Dinar will be subjected to a FX processing fee
Up to 2.5% Up to 2.625% (Inclusive of VAT)
Statements (Mailed Copy) Free -
Statements (Extra Copy) BHD10 BHD10.500

 

Smart Data Gen 2 (SDG2) Charges

    Inclusive of VAT
SDg2 Integration into ERP (Standard File Feed) USD 1000 (One time) USD1050

 

Express Banking

    Inclusive of VAT (BHD)
Cheque Pick up BHD3.000 BHD3.150
Cheque Return / Delivery BHD1.500 / Trip BHD1.575

 

Credit Facilities

Facility Administration

    Inclusive of VAT (BHD)
Arrangement Fee for term committed facilities 1% of the aggregate facilities 1.050% (inclusive of VAT) of the aggregate Facilities to the agreed Fee
Facility set-up fee for increased working capital facilities 0.25% on the additional facility 0.263% (Inclusive of VAT) on the additional Facility
Annual renewal fees for working capital facilities 0.125% of the aggregate facilities 0.132% (inclusive of VAT) on the aggregate Facility
Undrawn commitment fees (utilization below 75%) 0.5% of the unutilized portion 0.525% (inclusive of VAT) of the unutilised portion
Unauthorized overdrafts (UOD)* 18% p.a.
An additional fee of BHD10 will be collected for each period of 7 Days of continuous UOD.
BHD10.500
Authorized Overdraft (OD) The Interest rate would be applied as per the rate quoted in your 'Facility Offer Letter' with minimum interest collection of BHD 5/- upon utilization of OD facility. N/A
Late payment of Loan Installment Please refer to your loan agreement

* The Interest rate for financing transactions would be applied as per the rates quoted in your ‘Facility Offer Letter’. In the absence of any quoted rates, the unauthorized Overdraft (UOD) Rate would be applied

 

Security Administration

    Inclusive of VAT (BHD)
Registration of Legal Mortgage * BHD 50 BHD 52.500
Release of Legal Mortgage BHD 25 BHD 26.250
Pledge of Share registration BHD10 BHD10.500
Pledge of Share release BHD10 BHD10.500
Release of Joint Registration of Vehicle BHD10 BHD10.500

* Fees do not include the Government charges

 

Guarantees & Standby Documentary Credit

Guarantees & Standby Documentary Credit 1

Guarantees & Standby Documentary Credit - Issuance & Amendment Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Fixed expiry Non - Financial Guarantee Opening Commission (Charge applicable per annum for minimum 3 months) 1.875%
(Minimum commission BHD 100 per year)
1.875%
(Minimum commission BHD 80 per year)
Plus 5% VAT on the agreed fee
Open-ended Non - Financial Guarantee Opening Commission (Charge applicable per annum for minimum 3 months) 2.5%
(Minimum commission BHD 100 per year)
2.5%
(Minimum commission BHD 80 per year)
Plus 5% VAT on the agreed fee
Fixed expiry Financial Guarantee Opening Commission (Charge applicable per annum for minimum 3 months) 2.75%
(Minimum commission BHD 100 per year)
2.75%
(Minimum commission BHD 80 per year)
Plus 5% VAT on the agreed Fee
Open-ended Financial Guarantee Opening Commission
(Charge applicable per annum for minimum 3 months)
3.4%
(Minimum commission BHD 100 per year)
3.4%
(Minimum commission BHD 80 per year)
Plus 5% VAT on the agreed fee
Standby Documentary Credit Opening Commission (Charge applicable for minimum 3 months) 0.155% per month or part of a month thereafter
(Minimum Charge BHD 80)
Plus 5% VAT on the agreed fee
Guarantees & Standby Documentary Amendment Handling Fee BHD 30, plus 'Opening Commission' as above for increase in value and / or extension of due date. BHD 31.500
Fixed expiry Guarantees Cancellation prior to due date BHD 37.700 BHD 39.585
Processing of Non HSBC Standard Form of Guarantee2 BHD 100 BHD 105
Guarantees Advising For HSBC Bank Middle East Ltd Customers For Non-customers Inclusive of VAT
Charges for advising correspondent bank Guarantees (including Amendments if any) USD 150 USD 200 Plus 5% VAT on the agreed fee

 

Notes:
1. Correspondent Bank charges (where applicable) will be recovered as per actual. Guarantee transactions should not be re-instated or transferred to alternate accounts. In exceptional instances where these are required to be done so tariff as stated in sections 'Guarantee issuance' and 'Guarantee amendments and other expenses' would be applicable. Reimbursement bank fee of BHD75 will be levied for all cross border remittance. Commissions would also be applicable for the period allowed for presentation of claims until such time the Guarantee or Standby Documentary Credit is cancelled.
2. HSBC Standard is referenced in the 'Application for a Bank Guarantee or Amendment of a Bank Guarantee' available in the 'Download Center' of HSBC Bahrain website.

Trade Services (Imports)

Import Documentary Credit1 Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Commission for Issuance & Amendment.
(Charge applicable per month or part of a month thereafter for minimum 3 months)
0.165%
Minimum Charge for issuance: BHD 60
Minimum Charge for amendment: BHD 25
0.165% 
Minimum Charge for issuance: BHD 40
Minimum Charge for amendment: BHD 25
Plus 5% VAT on the agreed fee
Amendment Processing Fee  BHD 30 BHD 15 Plus 5% VAT on the agreed fee
Issuance of Drafts of DCs prior to release of SWIFT. BHD 20  BHD 21
Import Bills2 Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
• Usance Commission for Import DC Bills (for the tenor of the bill)
• Avalisation Commission (from acceptance to maturity)
0.155% per month or part of a month thereafter
(Minimum Charge BHD 40)
Plus 5% VAT on the agreed fee
• Import DC Bill Processing Fee
• Amendment Processing Fee for all Import Bills (Collection & DC Bill)
• Acceptance Processing Fee for Import Collection bills (with usance tenor)
BHD 25 for each applicable charge  BHD 23.810
Handling Commission for Import Collection Bills3 0.15% of bill value
(Minimum Charge BHD 25)
Plus 5% VAT on the agreed fee
Shipping Guarantees & Delivery Orders Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Commission on Shipping Guarantees and Delivery Orders basis Invoice value 0.125% per month till receipt of original shipping documents or receipt of airway bill documents
(Minimum Charge BHD 30)
Plus 5% VAT on the agreed fee
Financing Imports4 Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Buyer Loan Commission (Applicable for Open Account transactions only) 0.0625% of remittance amount
(Minimum Charge BHD 30)
Plus 5% VAT on the agreed fee
• Processing Fee for extension to Buyer Loan tenor
• Fee for prepayment of Buyer Loan (also applicable for partial settlements)
• Fee for processing Buyer Loans for Import Bills
BHD 25 for each applicable charge 

BHD 23.810

 

Notes:

1. Irrevocable DC includes Standard Irrevocable DCs, Red Clause DCs, Revolving DCs and Back to Back DCs. Commission for Amendments would be applicable for increase in Documentary Credit amount and / or extension in expiry date.
2. Reimbursement fee of USD75 (or or equivalent in case of any other currency) will be deducted from the proceeds paid to the beneficiary. Bills of Lading or any form of transport documents should not be consigned to the order of HSBC Group offices. In exceptional instances where transport documents are required to be consigned to HSBC Group office, the same must be pre-agreed with HSBC Group office.
3. Handling commission is charged regardless of whether documents are released against payment/acceptance or released free of payment.
4. Buyer Loans are represented by either or Preshipment Buyer Loan (Formerly known as Preshipment Import Finance), Post Shipment Buyer Loan (Formerly known as Clean Import Loan), Finance against own DCs (Usance DCs) and Financing against Availzed bills.

Trade Services (Exports)

Documentary Credit Advising For HSBC Bank Middle East Ltd Customers For Non-customers Inclusive of VAT
Documentary Credit Advising Commission BHD 30 for Issuance
BHD 20 for Amendments
BHD 40 for Issuance
BHD 30 for Amendments
Plus 5% VAT on the agreed fee
Documentary Credit Confirmation & Financing Exports Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Export Bills and Documentary Credit Confirmation1 As agreed with your Relationship Manager.
(Minimum charge BHD 75)
Plus 5% VAT on the agreed fee
Seller Loan Handling Fee 0.15% of transaction amount
(Minimum Charge BHD 50)
Plus 5% VAT on the agreed fee
• Processing fee on Pre Shipment Seller Loan under Documentary Credit.
• Processing fee for Extension to Seller Loan tenor
• Processing fee for Financing for Export Bill
BHD 20 for each applicable charge. BHD 21
Export Bills2 Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Handling commission / Negotiation Commission3 0.15% of bill value
(Minimum Charge BHD 40)
Plus 5% VAT on the agreed fee
• Acceptance Processing Fee for all bills with usance tenor
• Handling fee for revised documentation
BHD 15 for each applicable charge. BHD 15.750
Amendment Commission4 0.15% of increase in bill value.
(Minimum Charge BHD 15)
Plus 5% VAT on the agreed fee
Commission In Lieu of Exchange (CILE)5 0.25% of payment value
(Minimum Charge BHD 25)
Plus 5% VAT on the agreed fee

 

1. Prices for Confirmation of Export DCs & Export Bills Discounting (when financed under bank risk) will be based on current assessments of the default risk faced in dealing with specific banks in specific countries. Your Relationship Manager will be able to provide you with up to date prices for any particular bank in a given country.
2. In addition to our charges correspondent banks may deduct fees of their own from bill proceeds. We will identify these to you as ‘Counter party bank charges’. Reimbursement bank fee of USD 75 (or equivalent in case of any other currency) will be levied for all cross border remittance.
3. Handling commission is charged regardless of whether documents are released against payment/acceptance or released free of payment.
4. Minimum Charge would be applicable to all amendments other than increase in bill value.
5. Charged on foreign currency disbursements which do not involve converting them into local currency.

Receivable Finance

Receivable Finance Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Service Fee 0.25% of the value of notified receivables Plus 5% VAT on the agreed fee
Post Dated Cheques Discounting Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Service Fees 0.125% of the value of cheque Plus 5% VAT on the agreed fee
•Recalling a discounted Cheque
•Replacement of a discounted Cheque
BHD 10 for each applicable charge. BHD 10.500

Miscellaneous – Guarantees, Imports and Exports

SWIFT / Cable / Telex Applications received via manual application forms over the counter Application received through HSBCNet Inclusive of VAT
Transmission fee for Guarantees, Import DCs & Export Transfer DCs by SWIFT / Cable / Telex BHD 35 for Issuance.
BHD 20 for Amendments.
BHD 20 for Issuance.
BHD 20 for Amendments.
plus 5% VAT on the agreed fee
Charges per SWIFT / Cable / Telex BHD 12 BHD 12.600
Discrepancy Fee for Import & Export bills
Discrepancy Fee (Recovered from Exporter) USD 110 USD 115.500
Discrepancy – Excess Drawing Commission for Import DC or Commission for Import DC Bill Presentation post DC expiry date. (1)

(Charge applicable per month for minimum 3 months)

0.155% till due date of Import DC bill

(Minimum Charge BHD 60)

plus 5% VAT on the agreed fee
Courier Fee
Courier Fee per document BHD 20 BHD 21
Unpaid or unaccepted transactions
Fees for Export & Import Bills returned unpaid, cancelled due to direct settlements, released on free of payment BHD 40 BHD 42
  • Fees for Export & Import bills unpaid for more than one month from due date or sight (as per tenor)
  • Fees for Export & Import bills unaccepted for more than one month from presentation date
  • Fees for Buyer & Seller Loan unpaid for more than one month from due date.
  • Fees for Shipping Guarantee & Delivery Order outstanding for more than one month from issuance date.
  • Fees for Export & Import Bills returned unpaid, cancelled due to direct settlements, released on free of payment
BHD 40 per month for each applicable charge. BHD 42

 

Notes:
1.Handling of discrepant bill presentations involving Excess Drawing and / or Bill presentation post DC expiry dates would be subject to HSBC discretion.

These charges are applicable to all clients unless agreed otherwise.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.