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. 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