| April 3rd, 2017 10:59 AM | |
| Garima Chauhan | Re: Bank of Baroda LC The details of the service charges levied by Bank of Baroda for the Letter of Credit (Import) as well as the application form for the same has been mentioned. Revised Service Charges w.e.f. 01.12.2012 1. Letter of Credit (Import) a). DP L/C (Import) Existing Charges Sight LCs and up to 30 days Usance LC Amount % per month Up to 1 Crore 0.25 >1 Crore up to 5 Cr 0.18 >5 Crore 0.10 Revised Charges w.e.f. 01.12.2012 Sight LC (DP) 0.35 % for first quarter plus 0.15 % p.m. thereafter B). Usance L/C (Import) Existing Charges LCs beyond 30 days Usance: LC Amount % per month Up to 1 Crore 0.18 >1 Crore up to 5 Cr 0.09 >5 Crore 0.05 Revised Charges as per Credit Rating w.e.f. 01.12.2012 Borrower account with credit rating Proposed charges AAA 0.60 % p.a. from the date of opening of LC to last date of its validity including usance period AA 0.60 % p.a. from the date of opening of LC to last date of its validity including usance period A 0.75 % p.a. from the date of opening of LC to last date of its validity including usance period BBB 1.50 % p.a. from the date of opening of LC to last date of its validity including usance period 2.25 % p.a. from the date of opening of LC to last date of its Below BBB and Unrated Validity including usance period Note: 25 % of the normal charges to be recovered on foreign letter of credit with 100% cash margin (Existing Norms). Request Letter for Import LC   |
| April 1st, 2017 05:33 PM | |
| Unregistered | Bank of Baroda LC Hi I would like to have the details of the service charges levied by Bank of Baroda for the Letter of Credit (Import) as well as the application form for the same? |
