Fees and charges

HSBC Corporate Services Price Guide

Important:

This tariff will be effective from 1 July 2022 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
The below fees & charges do not include Value Added Tax (VAT), and where applicable 10% VAT will be charged in addition to the stated amount.

In accordance with Decree-Law no. 48 of 2018 on VAT, if a foreign currency transaction is subject to VAT, the total amount of VAT charged for that transaction will be converted into Bahraini Dinars using the exchange rates published by the Central Bank of Bahrain. The actual Fee and Charges amount will be converted as per HSBC's internal rate.

The Central Bank of Bahrain publishes the foreign exchange rates on its website from Sunday to Thursday at 8am (local time). For any foreign currency transactions conducted on a Friday or Saturday, the Central Bank's rates published on the preceding Thursday will be applicable. In the event that the Central Bank of Bahrain does not update the exchange rates on a particular day or they are unavailable, HSBC will apply the last published rate.

Account Services

Call Deposits


		Inclusive of VAT (BHD)
Below minimum balance	No interest

Negative Currency Fee


Currency of Account(s)	Monthly Negative Currency Fee*
Euro	0%**
Swiss Francs	0.00%***
Danish Krone	0.00%***
Norwegian Krone	0.00%***
Swedish Krona	0.00%***
Japanese Yen	0.00%***

*Effective 1 December 2021. Exclusive of VAT and subject to change. Fee is calculated on monthly average balance using credit balances only.

**Effective 1 August 2022.

***Effective 1 April 2023

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)
Monthly service charge (To be charged at an entity level)	BHD50	BHD55
Reactivation of Dormant / Unclaimed Account	BHD100	BHD110
Amendment of Signatories Record	BHD5	BHD5.500
Change of Account Title	BHD5	BHD5.500
Account Closure (within 6 months of opening)	BHD10	BHD11

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	BHD11
Deposit / Withdrawal of foreign currency notes	1% of the transaction amount (min BHD10)	1.10% (Inclusive of VAT) of the transaction amount (min BHD 11)

Issuance of Certificates / Statements (a)


		Inclusive of VAT (BHD)
Balance Letter	BHD20	BHD22
Trade & Credit Information	BHD20	BHD22
Initial Capital confirmation to Ministry of Commerce	BHD10	BHD11
Audit Confirmation	BHD30	BHD33
Duplicate Statements	BHD5 per month (Up to 3 months)	BHD5.500
	BHD10 per month (Over 3 months and upto 10 years history)	BHD11
Retrieval of Old Record/Transaction	BHD10 per month(Up to 3 months)	BHD11
	BHD15 per month (Over 3 months and upto 10 years history)	BHD16.500

Other Services


		Inclusive of VAT (BHD)
Statement reporting through SWIFT (monthly)	BHD20	BHD22

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	BHD5	BHD5.5
Cross Border Telegraphic Transfer - Manual	BHD20	BHD22
Local/Central Bank Telegraphic Transfer - RTGS	BHD0.400	BHD0.440
Local/Central Bank Telegraphic Transfer - EFTS	Salary Payments: BHD0.005 per transaction	BHD0.005
	Non-salary Payments: BHD0.100 per transaction	BHD0.110
Correspondent bank charges	BHD10	BHD11
Payment Amendments / recall of Funds / Fate Enquiry / Payment investigation	BHD15 ( Up to 3 SWIFTS )	BHD16.500

Cashiers Order / Demand Draft


		Inclusive of VAT (BHD)
Issuance - Manual	BHD10	BHD11
Issuance - Electronic	BHD2	BHD2.200
Cashiers Order Cancellation / Stop Payment	BHD25	BHD27.500
Demand Draft Cancellation / Stop Payment	BHD25 + Correspondent Bank charges	BHD27.500 + 1.10% correspondent bank Charges (Inclusive of VAT)

Standing Instruction (SI)


		Inclusive of VAT (BHD)
Set up	BHD5	BHD5.500
Amendment	BHD5	BHD5.500
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: BHD0.005 per transaction	BHD0.005
	Non-salary Payments: BHD0.100 per transaction	BHD0.110


Return Fees		Inclusive of VAT (BHD)
Returned Items (per item)	BHD15 Returned Items (Per item - for outward by HSBC and returned by other banks )	BHD16.500
	BHD25 retunred Items (per transaction - for inward by other banks and returned by HSBC )	BHD27.500


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)	0.22% (Inclusive of VAT- Minimum BHD5.500 and Maximum BHD220)

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.

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

Cheques


		Inclusive of VAT (BHD)
Issuance of Cheque/E-Cheque Book (Issued at HSBC's Discretion)	BHD10	BHD11
Specially designed cheque books	BHD50 administrative fee plus print costs	BHD55

BHD Cheques


		Inclusive of VAT (BHD)
Incoming Cheques and Outgoing Cheques	Free	-
Returned Cheque drawn on own account, due to Technical Reasons	BHD10	BHD11
Returned Cheque due to reasons - Refer to Drawer, Not Arranged For, Represent the Cheque Again and insufficient fund	BHD14	BHD15.400
Stop Payment of Cheques	BHD10 per cheque	BHD11

Foreign Currency Cheques and Cheques Drawn on Overseas Banks


		Inclusive of VAT (BHD)
Cheque sent for collection	BHD10 per cheque*	BHD11
- collection will be only for cheques drawn on HSBC , HSBC affiliates or local banks	BHD5 per cheque plus 0.1% (Minimum BHD5 - Maximum BHD200)*	BHD5.500 per cheque plus 0.11% (Inclusive of VAT Minimum BHD5.500 - Maximum BHD220)
	*Courier charges may apply on USD cheques drawn on HSBC entities and affiliates for clearing through physical collection outside Bahrain.	Courier Charges plus 10% VAT
Return cheque charges	BHD10 plus other bank charges if any	BHD11

HSBCnet


		Inclusive of VAT (BHD)
Set up (Accounts set up; Initial Training)	Free	-
Box of 5 Security Devices	BHD30	BHD33
Monthly Service Charges	BHD10	BHD11
Monthly file upload option charge (incorporated in monthly service charge)	BHD20	BHD22
Linking additional accounts	BHD5 per account	BHD5.500
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	BHD22
Cheque Outsourcing Monthly Fee	BHD10	BHD11
Cashier Order via COS	BHD0.750	BHD0.825
Demand Draft via COS	BHD1.500	BHD1.650
Company Cheque via COS	BHD0.900	BHD0.990

Receivable Management Services (RMS)


		Inclusive of VAT (BHD)
RMS Set-up Fee	BHD50	BHD55
RMS Monthly Maintenance Fee (Flat)	BHD25	BHD27.500
Advising (Email) per instruction	BHD0.050	BHD0.055
RMS Amendment Fee	BHD10	BHD11

Balance Inquiry ( ATM )


		Inclusive of VAT (BHD)
HSBC Bahrain ATMs	Free	-
GCC countries at GCCNet ATM	BHD0.500	BHD0.550
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	BHD1.100
Internationally ATMs on GATS network*	BHD1	BHD1.100
Internationally at HSBC ATMs and Non HSBC ATMs on PLUS / CIRRUS (VISA) Networks	BHD2	BHD2.200

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 990
Sweep Fee (monthly per sub-master relationship)	USD 150 / BHD 50	BHD 55
Amendment Fee (per amendment)	USD 250 / BHD 90	BHD 99

Domestic Cash Concentration


Service	Charges	Inclusive of VAT (BHD)
Set Up Fee (one time per structure)	USD 2,500 / BHD 900	BHD 990
Sweep Fee (monthly per sub-master relationship)	USD 100 / BHD 30	BHD 33
Amendment Fee (per amendment)	USD 250 / BHD 90	BHD 99

Interest Enhancement Facility


Service	Charges	Inclusive of VAT (BHD)
Set Up Fee (one time per structure)	USD 2,500 / BHD 900	BHD 990
Monthly Service Charge (per account)	USD 150 / BHD 50	BHD 55
Amendment Fee (per amendment)	USD 250 / BHD 90	BHD 99

Commercial Credit Cards

Commercial Cards Tariff Guide

Corporate


Description	Charges	Inclusive of VAT (BHD)
Annual Fee per Card	BHD 30	BHD33
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	4.4% or BHD 11 min (Inclusive of VAT)
Returned Cheque fee	BHD10	BHD11
Card replacement fee	BHD5	BHD5.500
PIN replacement	BHD5	BHD5.500
Over Limit Fee	BHD10	BHD11
Late payment Fee	BHD15	BHD16.500
Copy of the sales voucher (Per Slip)	BHD25	BHD27.500
Charge for each disputed transaction which is rejected by the bank after reviewing evidence	BHD10	BHD11
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 2.75% (Inclusive of VAT)
Statements (Mailed Copy)	Free	-
Statements (Extra Copy)	BHD10	BHD11

Purchasing


Description	Charges	Inclusive of VAT (BHD)
Annual Fee per Card	BHD 20	BHD22
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	BHD11
Card replacement fee	BHD5	BHD5.500
PIN replacement	BHD5	BHD5.500
Over Limit Fee	BHD10	BHD11
Late payment Fee	BHD 15	BHD16.500
Copy of the sales voucher (Per Slip)	BHD25	BHD27.500
Charge for each disputed transaction which is rejected by the bank after reviewing evidence	BHD 10	BHD11
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 2.75% (Inclusive of VAT)
Statements (Mailed Copy)	Free	-
Statements (Extra Copy)	BHD10	BHD11

Lodged


Description	Charges	Inclusive of VAT (BHD)
Annual Fee per Card	BHD 5	BHD5.500
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	BHD11
Card replacement fee	BHD5	BHD5.500
PIN replacement	BHD5	BHD5.500
Over Limit Fee	BHD10	BHD11
Late payment Fee	BHD 15	BHD16.500
Copy of the sales voucher (Per Slip)	BHD25	BHD27.500
Charge for each disputed transaction which is rejected by the bank after reviewing evidence	BHD 10	BHD11
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 2.75% (Inclusive of VAT)
Statements (Mailed Copy)	Free	-
Statements (Extra Copy)	BHD10	BHD11

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	BHD11
Card replacement fee	NA	NA
PIN replacement	NA	NA
Over Limit Fee	BHD10	BHD11
Late payment Fee	BHD 15	BHD16.500
Copy of the sales voucher (Per Slip)	BHD25	BHD27.500
Charge for each disputed transaction which is rejected by the bank after reviewing evidence	BHD 10	BHD11
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 2.75% (Inclusive of VAT)
Statements (Mailed Copy)	Free	-
Statements (Extra Copy)	BHD10	BHD11

Smart Data Gen 2 (SDG2) Charges


		Inclusive of VAT
SDg2 Integration into ERP (Standard File Feed)	USD 1000 (One time)	USD 1,100

Express Banking


		Inclusive of VAT (BHD)
Cheque Pick up	BHD3	BHD3.300
Cheque Return / Delivery	BHD1.500 / Trip	BHD1.650

Credit Facilities

Facility Administration


		Inclusive of VAT (BHD)
Facility Charges: For Arrangement or Set-up Fees for all types of facilities, annual renewal fees, undrawn commitment fees and any other facility fees or charges.	Please refer to the underlying Facility documentation.	10% over the Facility Charges to be charged as Value Added Tax
Unauthorized overdrafts (UOD)*	18% p.a. An additional fee of BHD10 will be collected for each period of 7 Days of continuous UOD.	BHD11
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 55
Release of Legal Mortgage	BHD 25	BHD 27.500
Pledge of Share registration	BHD10	BHD11
Pledge of Share release	BHD10	BHD11
Release of Joint Registration of Vehicle	BHD10	BHD11

* 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)	1.88% (Minimum commission BHD 100 per year)	1.88% (Minimum commission BHD 80 per year)	Plus 10% VAT on the agreed fee
Open-ended Non - Financial Guarantee Opening Commission (Charge applicable per annum for minimum 3 months)	2.50% (Minimum commission BHD 100 per year)	2.50% (Minimum commission BHD 80 per year)	Plus 10% 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 10% VAT on the agreed Fee
Open-ended Financial Guarantee Opening Commission (Charge applicable per annum for minimum 3 months)	3.40% (Minimum commission BHD 100 per year)	3.40% (Minimum commission BHD 80 per year)	Plus 10% 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 10% 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 33
Fixed expiry Guarantees Cancellation prior to due date	BHD 37.700		BHD 41.470
Processing of Non HSBC Standard Form of Guarantee²	BHD 100		BHD 110
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 10% VAT on the agreed fee

Notes:

1. In the event Guarantees and / or Guarantee claims are re-issued/paid via a correspondent bank, the actual correspondent bank charges will also apply. 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)	0.17% 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 10% VAT on the agreed fee
Amendment Processing Fee	BHD 30	BHD 15	Plus 10% VAT on the agreed fee
Issuance of Drafts of DCs prior to release of SWIFT.	BHD20		BHD22
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 10% 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 27.500
Handling Commission for Import Collection Bills³	0.15% of bill value (Minimum Charge BHD 25)		Plus 10% 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 10% 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 10% 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 27.500

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 10% 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 10% VAT on the agreed fee
Seller Loan Handling Fee	0.15% of transaction amount(Minimum Charge BHD 50)		Plus 10% 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 22
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 10% 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 16.500
Amendment Commission⁴	0.15% of increase in bill value. (Minimum Charge BHD 15)		Plus 10% VAT on the agreed fee
Commission In Lieu of Exchange (CILE)⁵	0.25% of payment value (Minimum Charge BHD 25)		Plus 10% 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 10% 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 10% VAT on the agreed fee
•Recalling a discounted Cheque •Replacement of a discounted Cheque	BHD 10 for each applicable charge.		BHD 11

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 10% VAT on the agreed fee
Charges per SWIFT / Cable / Telex	BHD 12		BHD 13.200
Discrepancy Fee for Import & Export bills
Discrepancy Fee (Recovered from Exporter)	USD 110		USD 121
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 10% VAT on the agreed fee
Courier Fee
Courier Fee per document	BHD 20		BHD 22
Unpaid or unaccepted transactions
Fees for Export & Import Bills returned unpaid, cancelled due to direct settlements, released on free of payment	BHD 40		BHD 44
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 44

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.

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