Adjustment to the part of charges of the Bank of East Asia (China).Ltd
Issue Date:[2017-11-29]

Dear Customer:

 

In line with current market trends and in order to provide our customers with an improved level of service, we plan to adjust part of charges ofThe Schedule of Charges of the Bank of East Asia (China) Ltdeffect from Nov.29th 2017 as follows:

 

Ø   Adjustment to the Current Fees:

No.

Fee Items

Applicable customers

Current Fee

Adjusted Fee

51

Distribution Service

(on counter)

Corporate Customer

RMB1 per transaction, "transaction number" equals number of distributed accounts

Payroll Customer

PrivilegeFree

73

Acceptance of Usance L/C

Corporate Customer

0.1% of the Draft amount for each month or part thereof; Minimum USD18

0.1% of the Acceptance amount for each month or part thereof; Minimum USD18 or equivalent

82

Acceptance of Usance L/C

Corporate Customer

0.1% of the Draft amount for each month or part thereof; Minimum USD18

0.1% of the Acceptance amount for each month or part thereof; Minimum USD18 or equivalent

87

Transferring L/C and Transferring L/C amendment

Corporate Customer

0.125% of the L/C amount (Minimum USD20, Maximum USD200) USD12 per amendment. If the amount of credit changes, the service charge will reference the Issuing L/C's standard.

0.125% of the transferring L/C amount (Minimum USD20 or equivalent, Maximum USD200 or equivalent) USD12 or equivalent per amendment. If the amount of credit changes, the service charge will reference the Issuing L/C's standard.

100

L/C Document Handling Fee

Corporate Customer

0.1% of the transaction value; Minimum RMB 100

0.1% of the transaction value; Minimum RMB 100 per item


 

 

No.

Fee Items

Applicable customers

Current Fee

Adjusted Fee

104

Transferring L/C

Corporate Customer

0.125%-0.2% of the L/C amount (Minimum RMB 500) ;

RMB 100 per amendment. If the amount of credit changes, the service charge will reference the Transferring L/C's standard.

0.125%-0.2% of the  transferring L/C amount (Minimum RMB 500 per item) ;

RMB 100 per amendment. If the amount of credit changes, the service charge will reference the Transferring L/C's standard.

145

Domestic Factoring Business Invoice Handling Fee

Corporate Customer

USD5 / RMB30 per sheet of invoice

RMB30 per sheet of invoice

153

Advisory Service Fee

Corporate Customer

`Financial Advisory Services: Minimum RMB50,000; Based on the contract

(small micro entities report to head office for approval)

`Financial Advisory Services: Minimum RMB50000; Based on the contract

(small micro entities will not be charged)

Ø   Adjustment to the Fees Description:

No.

Fees Item

Renamed Fees Item

Adjusted Standard Charges

Adjusted Service Function

53~69

FCY Settlements

/

Addition: Charge fees in USD currency or equivalent

/

70~108

Bills Service

/

Addition: Charge fees in USD currency or equivalent

/

136~142

Corporate Financing

/

Addition: Charge fees in USD currency or equivalent

/

85

Advising or transmitting your credit to a beneficiary with our confirmation

Confirmation of L/C and Advising

/

/

87

Transferring L/C

Transferring L/C and Transferring L/C amendment

/

/

100

L/C Negotiation Fee

L/C Document Handling Fee

/

/

136

Letter of guarantee/standby L/C

Issuing Letter of guarantee/standby L/C

/

/

155

Domestic funds distribution(mainly involves subscription fee;  redemption fee; conversion fee; trailer fee, sales and service fees)

Domestic funds and asset management products distribution(mainly involves subscription fee;  redemption fee; conversion fee; trailer fee, sales and service fees)

According to negotiated prices with fund houses or security companies

Assist clients to subscriberedeemconvert fund units etc. on behalf of fund houses or security companies;  and collect management fee, performance fee  (if any), service fee etc. from fund houses or security companies.

 

Should you have any queries, please visit any branch or sub-branch of BEA China in Mainland China, or contact our Customer Service Hotline at 95382(land line/mobile).

Thank you.

 

The Bank of East Asia (China) Limited
29th Nov., 2017

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