You are here

Other Services

Fees and Charges

Rental of Safe Deposit Box
1. 3 x 5 x 21 Php 600.00
2. 5 x 5 x 21 Php 700.00
3. 3 x 10 x 21 Php 800.00
4. 5 x 10 x 21 Php 1,000.00
5. 10 x 10 x 21 Php 1,500.00
6. Key Deposit Php 1,000.00
INWARD REMITTANCES
1. Credit to Peso Savings Account (S/A) or Current Account (C/A)
     a. Doc. Stamps Php0.60 for every Php200.00 or fraction thereof
     b. Commission Php250.00
2. Credit to U.S. Dollar Account
USD500 - & BELOW USD7.50
USD501 - USD1,000 USD15.00
USD1,001 - USD1,500 USD20.00
USD1,501 - USD2,500 USD22.50
USD2,501 - USD5,000 USD27.50
USD5,001 - USD10,000 USD30.00
USD10,001 - USD20,000 USD32.50
USD20,001 - USD40,000 USD35.00
USD40,001 - USD50,000 USD37.50
USD50,001 - USD100,000 USD40.00
USD100,001 - USD250,000 USD50.00
USD250,001 - USD500,000 USD55.00
USD500,001 - USD750,000 USD65.00
USD750,001 - USD1,000,000 USD75.00
USD1,000,001 - USD1,250,000 USD85.00
USD1,250,001 - USD1,500,000 USD95.00
USD1,500,001 - & ABOVE 0.00007
3. Proceeds in Dollar Draft or via PDDTS payable to an account with another bank the same as above
4. Proceeds in Peso Manager's Check (MC)
     a. Doc. Stamps Php0.60 for every Php200.00 or fraction thereof
     b. Processing Fee Php100.00
Import Letters of Credit (LC)
1. Documentary Stamps (Domestic and Foreign LC) Php0.60 for every Php200.00 or fraction thereof
2. Import LC Openings
     a. Commission
          a.1. Sight, Usance Credit

1/4 of 1% first 60 days,

1/8 of 1% every 30 days

thereafter minimum of Php1,000.00

          a.2. Domestic LCs the same as above
          a.3. Cable Charges Php2,000.00
3. Import LC Amendments
     a.Commission
          a.1. Increase in Amount of Credit 1/4 of 1% of increase in LC value amount minimum of Php1,000.00
          a.2. Extension of Credit Based on the outstanding balance, 1/8 of 1% per month minimum of Php 1,000.00
          a.3. Other Amendments Php 1,000.00
          a.4. Cable Charges Php 1,000.00
4. Import LC Negotiations Php 1,000.00 if account is closed within 60 days from date of opening
I. Imports - LC
     a. Sight Bills
          a.1. Commission drawings against expired LC 1/8 of 1% of Principal/Value minimum of Php1,000.00
          a.2. Doc. Stamps Php0.60 for every Php200.00 or fraction thereof
          a.3. Excess Drawings 1/4 of 1% of amount over and above LC value minimum of Php1,000.00
      b. Usance Bills
          b.1. Commitment Fee (Draft Drawn on Accountee) 1/4 of 1% every month, minimum of Php1,000.00
          b.2. Domestic Bills  1/4 of 1% every month, minimum of Php1000.00
          b.3. Handling Fee for Self-Funded Import Bill 1/4 of 1% of face value
          b.4. Cable Charge Php1,000.00
II. Inward Bills
     a. Booking/Acceptance (DA,OA)
         a.1. Handling Charge Php1,000.00
         b.2. Cable Charge Php,1000.00
     b. Negotiation/Remittance (DA,OA,DR,DP,AP)
         b.1. Commission 1/4 of 1% of Principal/Value minimum of Php1,000.00
         b.2. Cable Charge Php1,000.00
         b.3. Doc. Stamps Php0.60 for every Php200.00 or Fraction thereof
III. Domestic Bills
     a. Negotiation/Payment  
         Handling Charge Php1,000.00

5. Trust Receipts

- Interest at prevailing standard/current/approved/contracted/negotiated rate

-Penalty for past due accounts at prevailing standard

-current rate of 2% per month or the approved/contracted/negotiated rate

         Documentary Stamps Php1.50 for every Php200.00 or fraction thereof of the principal amount of TR on original issue of 1 year. For less than 1 year, a proportional amount in accordance with the ratio of its term in number of days over 365 days
6. Others
     a. Shipside Bonds (SSB)
         a.1. Commission Php 500.00
         a.2. Penalty Php 500.00 per month after 30 days
         a.3. Doc. Stamps Php 3.00 per cancelled guaranty
     b. Service of Customs Duties
         b.1. For each entry (Final Duties) Php 500.00
         b.2. For Import Entry Declaration (IED) Php 500.00
         b.3. E2M PAS5 Enrollment Php 100.00
Export Letters of Credit (LC)
1. Export LC Advising
     a. Advising Fee
       a.1. For CLIENT No Charge
       a.2. For NON - CLIENT Php 1,200.00
2. Export LC Amendment
     a. Amendment Fee
        a.1. For CLIENT No Charge
        a.2. For NON - CLIENT Php 900.00
3. Export LC Negotiations
     a. Commission
                 a.1. Drafts Purchased in Transit (if paid in Pesos) No Charge
     b. Postage Courier Service per Document, Php 1,000.00 minimum
     c. Doc. Stamps Php 0.60 for every Php 200.00 or fraction thereof
     d. Cable Charge Php 1000.00
4. Documentary Collections
     a. Outgoing Bills (if paid in foreign currency)
        a.1. Handling Fee in lieu of exchange 1/4 of 1% of draft amount
        a.2. Courier Service  Php 1,000.00 minimum per document
        a.3. Documentary Stamps Php 0.60 for every Php 200.00 or fraction thereof
        a.4. Cable Charge (if applicable) Php 1000.00