Fees and charges

HSBC Corporate Services Price Guide

Important:

This tariff will be effective from 01 November 2024 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

Time Deposits


		Inclusive of VAT (BHD)
Minimum balance	BHD 1,000.000	-
	USD 10,000.00	-
	GBP 5,000	-
	EUR 10,000	-
Early withdrawal service charge	BHD 40.000 plus cost of funds (cost of borrowing)	BHD 44.000 inclusive of VAT plus cost of funds (cost of borrowing)

Account Mandate and Maintenance


Service	Charges	Inclusive of VAT (BHD)
Monthly service charge (To be charged at an entity level)	BHD 95.000	BHD 104.500
Reactivation of Dormant / Unclaimed Account	BHD 100.000	BHD 110.000
Amendment of Signatories Record	BHD 5.000	BHD 5.500
Change of Account Title	BHD 5.000	BHD 5.500
Account Closure (within 6 months of opening)	BHD 10.000	BHD 11.000

Account Transaction Charges


Service	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	BHD 10.000 per transaction	BHD 11.000
Deposit / Withdrawal of foreign currency notes	1% of the transaction amount (min BHD 10.000)	1.10% (Inclusive of VAT) of the transaction amount (min BHD 11.000)

Issuance of Certificates / Statements (a)


Service	Charges	Inclusive of VAT (BHD)
Reference Letter	BHD 20.000	BHD 22.000
Letter of signatories	BHD 5.000	BHD 5.500
Trade & Credit Information	BHD 20.000	BHD 22.000
Initial Capital confirmation to Ministry of Commerce	BHD 10.000	BHD 11.000
Audit Confirmation	BHD 30.000	BHD 33.000
Duplicate Statements	BHD 5.000 per month (Up to 3 months)	BHD 5.500
	BHD 10.000 per month (Over 3 months and upto 10 years history)	BHD 11.000
Retrieval of Old Record/Transaction	BHD 10.000 per month(Up to 3 months)	BHD 11.000
	BHD 15.000 per month (Over 3 months and upto 10 years history)	BHD 16.500

Payments

Internal Transfer


Service	Charges	Inclusive of VAT (BHD)
Internal Transfer within HSBC Bahrain - Electronic	Free	-

Telegraphic transfer (TT)


Service	Charges	Inclusive of VAT (BHD)
Cross Border Telegraphic Transfer - Electronic	BHD 5.000	BHD 5.500
Cross Border Telegraphic Transfer - Manual	BHD 20.000	BHD 22.000
Local/Central Bank Telegraphic Transfer - RTGS	BHD 0.400	BHD 0.440
Local/Central Bank Telegraphic Transfer - EFTS	Salary Payments: BHD 0.005 per transaction	BHD 0.005
	Non-salary Payments: BHD 0.100 per transaction	BHD 0.110
Correspondent bank charges	BHD 10.000	BHD 11.000
Payment Amendments / recall of Funds / Fate Enquiry / Payment investigation	BHD 15.000 ( Up to 3 SWIFTS )	BHD 16.500


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 BHD 5.000 & Maximum BHD 200.000)	0.22% (Inclusive of VAT- Minimum BHD 5.500 and Maximum BHD 220.000)


Return Fees		Inclusive of VAT (BHD)
Returned Items (per item)	BHD 15.000 Returned Items (Per item - for outward by HSBC and returned by other banks )	BHD 16.500
	BHD 25.000 returned Items (per transaction - for inward by other banks and returned by HSBC )	BHD 27.500

Cashiers Order


Service	Charges	Inclusive of VAT (BHD)
Issuance - Manual	BHD 10.000	BHD 11.000
Issuance - Electronic	BHD 2.000	BHD 2.200
Cashiers Order Cancellation / Stop Payment	BHD 25.000	BHD 27.500

Standing Instruction (SI)


Service	Charges	Inclusive of VAT (BHD)
Set up	BHD 5.000	BHD 5.500
Amendment	BHD 5.000	BHD 5.500
If Standing Instruction failed	BHD 10.000	BHD 11.000

Salaries & Bulk Payments


Service E-Channels	Charges	Inclusive of VAT (BHD)
Transaction Fee - E-Channels - HSBC	Free	-
Transaction Fee - e-Channels- Non HSBC - EFTS	Salary Payments: BHD 0.005 per transaction	BHD 0.005
	Non-salary Payments: BHD 0.100 per transaction	BHD 0.110

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


Service	Charges	Inclusive of VAT (BHD)
Issuance of Cheque/E-Cheque Book (Issued at HSBC's Discretion)	BHD 10.000	BHD 11.000
Specially designed cheque books	BHD 50.000 administrative fee plus print costs	BHD 55.000

BHD Cheques


Service	Charges	Inclusive of VAT (BHD)
Incoming Cheques and Outgoing Cheques	Free	-
Returned Cheque drawn on own account, due to Technical Reasons	BHD 10.000	BHD 11.000
Returned Cheque due to reasons - Refer to Drawer, Not Arranged For, Represent the Cheque Again and insufficient fund	BHD 14.000	BHD 15.400
Stop Payment of Cheques	BHD 10.000 per cheque	BHD 11.000

Foreign Currency Cheques and Cheques Drawn on Overseas Banks


Service	Charges	Inclusive of VAT (BHD)
Cheque sent for collection (USD only)	BHD 10.000 per cheque*	BHD 11.000
- collection will be only for cheques drawn on HSBC , HSBC affiliates or local banks	BHD 5.000 per cheque plus 0.1% (Minimum BHD 5.000 - Maximum BHD 200.000)*	BHD 5.500 per cheque plus 0.11% (Inclusive of VAT Minimum BHD 5.500 - Maximum BHD 220.000)
	*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	BHD 10.000 plus other bank charges if any	BHD 11.000

Digital Corporate Channels

HSBCnet


Service	Charges	Inclusive of VAT (BHD)
Set up (Accounts set up; Initial Training)	Free	-
Box of 5 Security Devices	BHD 75.000	BHD 82.500
Monthly Service Charges	BHD 12.000	BHD 13.200
Monthly file upload option charge (incorporated in monthly service charge)	BHD 20.000	BHD 22.000
HSBCnet Additional training fees	BHD 30.000	BHD 33.000
HSBC Connect File Upload Fees (per file)	BHD 1.900	BHD 2.090
End of Day Bank Statement Charges (monthly per account)	BHD 20.000	BHD 22.000
Intraday Bank Statement Charges (monthly per account)	BHD 19.000	BHD 20.900
3rd Party Bank Inward Bank Statement Charges (monthly per account)	BHD 7.500	BHD 8.250

Cheque Outsourcing (COS) / Adhoc COC / DD Issuance


Service	Charges	Inclusive of VAT (BHD)
Cheque Outsorcing One Time Set Up Fee	BHD 20.000	BHD 22.000
Cheque Outsourcing Monthly Fee	BHD 10.000	BHD 11.000
Cashier Order via COS	BHD 0.750	BHD 0.825
Demand Draft via COS	BHD 1.500	BHD 1.650
Company Cheque via COS	BHD 0.900	BHD 0.990

Receivable Management Services (RMS)


Service	Charges	Inclusive of VAT (BHD)
RMS Set-up Fee	BHD 50.000	BHD 55.000
RMS Monthly Maintenance Fee (Flat)	BHD 25.000	BHD 27.500
RMS Amendment Fee	BHD 10.000	BHD 11.000

Virtual Account


Service	Charges	Inclusive of VAT (BHD)
Virtual account setup feel (per physical account)	BHD 150.000	BHD 157.500
Virtual Account Monthly Maintenance Fee	BHD 1.000 / Virtual account	BHD 1.050 / Virtual account

Balance Inquiry (ATM)


Service	Charges	Inclusive of VAT (BHD)
HSBC Bahrain ATMs	Free	-
GCC countries at GCCNet ATM	BHD 0.500	BHD 0.550
Internationally at HSBC ATMs on GATS network*	Free	-
Internationally at HSBC ATMs and Non HSBC ATMs on PLUS / CIRRUS (VISA) Networks	Free	-

Cash Withdrawals


Service	Charges	Inclusive of VAT (BHD)
HSBC Bahrain ATMs	Free	-
GCC countries at GCCNet ATMs	BHD 1.000	BHD 1.100
Internationally ATMs on GATS network*	BHD 1.000	BHD 1.100
Internationally at HSBC ATMs and Non HSBC ATMs on PLUS / CIRRUS (VISA) Networks	BHD 2.000	BHD 2.200

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 2,500.00 / BHD 900.000	BHD 990.000
Sweep Fee (monthly per sub-master relationship)	USD 150.00 / BHD 50.000	BHD 55.000
Amendment Fee (per amendment)	USD 250.00 / BHD 90.000	BHD 99.000

Domestic Cash Concentration


Service	Charges	Inclusive of VAT (BHD)
Set Up Fee (one time per structure)	USD 2,500.00 / BHD 900.000	BHD 990.000
Sweep Fee (monthly per sub-master relationship)	USD 100.00 / BHD 30.000	BHD 33.000
Amendment Fee (per amendment)	USD 250.00 / BHD 90.000	BHD 99.000

Interest Enhancement Facility


Service	Charges	Inclusive of VAT (BHD)
Set Up Fee (one time per structure)	USD 2,500.00 / BHD 900.000	BHD 990.000
Monthly Service Charge (per account)	USD 150.00 / BHD 50.000	BHD 55.000
Amendment Fee (per amendment)	USD 250.00 / BHD 90.000	BHD 99.000

Commercial Credit Cards

Commercial Cards Tariff Guide

Corporate


Description	Charges	Inclusive of VAT (BHD)
Annual Fee per Card	BHD 30.000	BHD 33.000
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 10.000 min	4.4% or BHD 11.000 min (Inclusive of VAT)
Returned Cheque fee	BHD 10.000	BHD 11.000
Card replacement fee	BHD 5.000	BHD 5.500
PIN replacement	BHD 5.000	BHD 5.500
Over Limit Fee	BHD 10.000	BHD 11.000
Late payment Fee	BHD 15.000	BHD 16.500
Copy of the sales voucher (Per Slip)	BHD 25.000	BHD 27.500
Charge for each disputed transaction which is rejected by the bank after reviewing evidence	BHD 10.000	BHD 11.000
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)	BHD 10.000	BHD 11.000

Purchasing


Description	Charges	Inclusive of VAT (BHD)
Annual Fee per Card	BHD 20.000	BHD 22.000
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 10.000	BHD 11.000
Card replacement fee	BHD 5.000	BHD 5.500
PIN replacement	BHD 5.000	BHD 5.500
Over Limit Fee	BHD 10.000	BHD 11.000
Late payment Fee	BHD 15.000	BHD 16.500
Copy of the sales voucher (Per Slip)	BHD 25.000	BHD 27.500
Charge for each disputed transaction which is rejected by the bank after reviewing evidence	BHD 10.000	BHD 11.000
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)	BHD 10.000	BHD 11.000

Lodged


Description	Charges	Inclusive of VAT (BHD)
Annual Fee per Card	BHD 5.000	BHD 5.500
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 10.000	BHD 11.000
Card replacement fee	BHD 5.000	BHD 5.500
PIN replacement	BHD 5.000	BHD 5.500
Over Limit Fee	BHD 10.000	BHD 11.000
Late payment Fee	BHD 15.000	BHD 16.500
Copy of the sales voucher (Per Slip)	BHD 25.000	BHD 27.500
Charge for each disputed transaction which is rejected by the bank after reviewing evidence	BHD 10.000	BHD 11.000
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)	BHD 10.000	BHD 11.000

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 10.000	BHD 11.000
Card replacement fee	NA	NA
PIN replacement	NA	NA
Over Limit Fee	BHD 10.000	BHD 11.000
Late payment Fee	BHD 15.000	BHD 16.500
Copy of the sales voucher (Per Slip)	BHD 25.000	BHD 27.500
Charge for each disputed transaction which is rejected by the bank after reviewing evidence	BHD 10.000	BHD 11.000
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)	BHD 10.000	BHD 11.000

Smart Data Gen 2 (SDG2) Charges


Service	Charges	Inclusive of VAT
SDg2 Integration into ERP (Standard File Feed)	USD 1,000.00 (One time)	USD 1,100.00

Express Banking


Service	Charges	Inclusive of VAT (BHD)
Cheque Pick up	BHD 3.000	BHD 3.300
Cheque Return / Delivery	BHD 1.500 / Trip	BHD 1.650

Cash Collection


Service	Charges	Inclusive of VAT (BHD)
Verified Collection per trip and location	BHD 8.000	BHD 9.600
Unverified collection per trip and location	BHD 6.500	BHD 7.150
Cash Processing	BHD 2.000 per deposit including processing of 3000 notes	BHD 2.200 per deposit including processing of 3000 notes
	plus, BHD 0.500 per 1000 notes or part thereof for excess notes	plus, BHD 0.500 per 1000 notes or part thereof for excess notes

Credit Facilities

Facility Administration


Service	Charges	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.	-
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


Service	Charges	Inclusive of VAT (BHD)
Registration of Legal Mortgage *	BHD 50.000	BHD 55.000
Release of Legal Mortgage	BHD 25.000	BHD 27.500
Pledge of Share registration	BHD 10.000	BHD 11.000
Pledge of Share release	BHD 10.000	BHD 11.000
Release of Joint Registration of Vehicle	BHD 10.000	BHD 11.000

* Fees do not include the Government charges

Guarantees and Standby Documentary Credit¹


Guarantees and Standby Documentary Credit - Issuance and Amendment	Applications received via manual application forms over the counter	Applications received through HSBCNet	Inclusive of VAT
Fixed expiry Non-Financial Guarantee Opening Commission (Charge applicable per annum)	1.88% (Minimum commission BHD 100.000 per year)	1.88% (Minimum commission BHD 80.000 per year)	Plus 10% VAT on the agreed fee
Open-ended Non-Financial Guarantee Opening Commission (Charge applicable per annum)	2.50% (Minimum commission BHD 100.000 per year)	2.50% (Minimum commission BHD 80.000 per year)	Plus 10% VAT on the agreed fee
Fixed expiry Financial Guarantee Opening Commission (Charge applicable per annum)	2.75% (Minimum commission BHD 100.000 per year)	2.75% (Minimum commission BHD 80.000 per year)	Plus 10% VAT on the agreed Fee
Open-ended Financial Guarantee Opening Commission (Charge applicable per annum)	3.40% (Minimum commission BHD 100.000 per year)	3.40% (Minimum commission BHD 80.000 per year)	Plus 10% VAT on the agreed fee
Standby Documentary Credit Opening Commission	0.155% per month or part of a month thereafter (Minimum Charge BHD 80.000)	0.155% per month or part of a month thereafter (Minimum Charge BHD 80.000)	Plus 10% VAT on the agreed fee
Guarantees and Standby Documentary Amendment Handling Fee	BHD 35.000, plus 'Opening Commission' as above for increase in value and / or extension of due date	BHD 35.000, plus 'Opening Commission' as above for increase in value and / or extension of due date	Plus 10% VAT on the agreed fee
Processing of Non HSBC Standard Form of Guarantee²	BHD 100.000	BHD 100.000	Plus 10% VAT on the agreed fee


Guarantees Advising	Charges	Inclusive of VAT
Charges for advising correspondent bank Guarantees (including Amendments if any)	BHD 75.000	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 BHD 28.000 will be levied for all cross border remittances. 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	Applications received through HSBCNet	Inclusive of VAT
Commission for Issuance and Amendment (Charge applicable per month or part of a month thereafter for minimum 3 months)	0.17% (Minimum charge for issuance: BHD 40.000 Minimum charge for amendment: BHD 40.000)	0.17% (Minimum charge for issuance: BHD 35.000 Minimum charge for amendment: BHD 35.000)	Plus 10% VAT on the agreed fee
Amendment Processing Fee	BHD 30.000	BHD 15.000	Plus 10% VAT on the agreed fee


Import Bills²	Applications received via manual application forms over the counter	Applications received through HSBCNet	Inclusive of VAT
• Usance Commission for Import Documentary Credit 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 40.000)	0.155% per month or part of a month thereafter (Minimum Charge BHD 40.000)	Plus 10% VAT on the agreed fee
• Import Documentary Credit Bill Processing Fee • Amendment Processing Fee for all Import Bills (Collection and Documentary Credit Bill) • Acceptance Processing Fee for Import Collection bills (with usance tenor)	BHD 25.000 for each applicable charge	BHD 25.000 for each applicable charge	Plus 10% VAT on the agreed fee
Handling Commission for Import Collection Bills³	0.15% of bill value (Minimum Charge BHD 25.000)	0.15% of bill value (Minimum Charge BHD 25.000)	Plus 10% VAT on the agreed fee


Shipping Guarantees and Delivery Orders	Applications received via manual application forms over the counter	Applications received through HSBCNet	Inclusive of VAT
Commission on Shipping Guarantees and Delivery Orders basis Invoice value	0.125% of invoice value (Minimum charge BHD 30.000)	0.125% of invoice value (Minimum charge BHD 30.000)	Plus 10% VAT on the agreed fee


Financing Imports⁴	Applications received via manual application forms over the counter	Applications received through HSBCNet	Inclusive of VAT
Buyer Loan Commission (Applicable for Open Account transactions only)	0.0625% of remittance amount (Minimum charge BHD 30.000)	0.0625% of remittance amount (Minimum charge BHD 30.000)	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 Loan for Import Bills	BHD 25.000 for each applicable charge	BHD 25.000 for each applicable charge	Plus 10% VAT on the agreed fee

Notes:

1. Irrevocable Documentary Credit includes Standard Irrevocable Documentary Credits, Red Clause Documentary Credits, Revolving Documentary Credits and Back to Back Documentary Credits. Commission for Amendments would be applicable for increase in Documentary Credit amount and / or extension in expiry date.

2. Reimbursement fee of BHD 28.000 (or equivalent in case of any other currency) will be deducted from the proceeds paid to the beneficiary for Import Documentary Credit and Non-Documentary Credit bills. 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 Loan is represented by either Pre Shipment Buyer Loan (formerly known as Pre Shipment Import Finance), Post Shipment Buyer Loan (formerly known as Clean Import Loan), Finance against own Documentary Credits (Usance Documentary Credits) or Financing against Avalised bills.

Trade Services (Exports)


Documentary Credit Advising	For HSBC Bank Middle East Limited Bahrain Branch customers	For Non-customers	Inclusive of VAT
Documentary Credit Advising Commission	BHD 30.000 for Issuance BHD 25.000 for Amendments	BHD 40.000 for Issuance BHD 37.500 for Amendments	Plus 10% VAT on the agreed fee


Documentary Credit Confirmation and Financing Exports	Charges	Inclusive of VAT
Export Bills Financing and Documentary Credit Confirmation¹	As agreed with your Relationship Manager (Minimum charge BHD 75.000)	Plus 10% VAT on the agreed fee
Seller Loan² Handling Fee	0.15% of transaction amount (Minimum Charge BHD 50.000)	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 20.000 for each applicable charge	Plus 10% VAT on the agreed fee


Transfer Documentary Credit	Charges	Inclusive of VAT
Transfer Commission	0.25% of Documentary Credit value (Minimum charge BHD 75.000)	Plus 10% VAT on the agreed fee
Amendment Commission³ (if Documentary Credit value is increasing and/or Documentary Credit expiry extended)	0.25% of increased and/or extended Documentary Credit value (Minimum charge BHD 75.000)	Plus 10% VAT on the agreed fee


Export Bills⁴	Charges	Inclusive of VAT
Handling Commission / Negotiation Commission⁵	0.15% of bill value (Minimum Charge BHD 40.000)	Plus 10% VAT on the agreed fee
• Acceptance Processing Fee for all bills with usance tenor • Handling fee for revised documentation	BHD 15.000 for each applicable charge	Plus 10% VAT on the agreed fee
Amendment Commission⁶	0.15% of increase in bill value (Minimum Charge BHD 15.000)	Plus 10% VAT on the agreed fee
Commission In Lieu of Exchange (CILE)⁷	0.25% of payment value (Minimum Charge BHD 25.000)	Plus 10% VAT on the agreed fee

Notes:

1. Prices for Confirmation of Export Documentary Credits and 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. Seller Loan is represented by either Pre Shipment Seller Loan or Post Shipment Seller Loan.

3. In case of amendments other than increase in value and / or extension, amendment charges as per 'Documentary Credit Advising Commission' will apply.

4. 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 BHD 28.000 (or equivalent in case of any other currency) will be levied for all cross border remittances.

5. Handling commission is charged regardless of whether documents are released against payment/acceptance or released free of payment.

6. Minimum Charge would be applicable to all amendments other than increase in bill value.

7. Charged on foreign currency disbursements which do not involve converting them into local currency.

Receivable Finance


Receivable Finance	Charges	Inclusive of VAT
Service Fee	0.25% of the value of notified receivables	Plus 10% VAT on the agreed fee


Post Dated Cheques Discounting	Charges	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 10.000 for each applicable charge	Plus 10% VAT on the agreed fee

Miscellaneous – Guarantees, Standby Documentary Credits, Imports and Exports


SWIFT / Cable / Telex	Applications received via manual application forms over the counter	Applications received through HSBCNet	Inclusive of VAT
Transmission fee for Guarantees, Standby Documentary Credits, Import Documentary Credits and Export Transfer Documentary Credits by SWIFT / Cable / Telex	BHD 35.000 for Issuance BHD 25.000 for Amendments	BHD 30.000 for Issuance BHD 25.000 for Amendments	Plus 10% VAT on the agreed fee
Charges per SWIFT / Cable / Telex	BHD 15.000	BHD 15.000	Plus 10% VAT on the agreed fee


Discrepancy Fee for Import and Export bills	Applications received via manual application forms over the counter	Applications received through HSBCNet	Inclusive of VAT
Discrepancy Fee (Recovered from Exporter)	BHD 40.000	BHD 40.000	Plus 10% VAT on the agreed fee
Discrepancy – Excess Drawing Commission for Import Documentary Credit or Commission for Import Documentary Credit Bill Presentation post Documentary Credit expiry date¹ (Charge applicable per month for minimum 3 months)	0.155% till due date of Import Documentary Credit bill (Minimum Charge BHD 60.000)	0.155% till due date of Import Documentary Credit bill (Minimum Charge BHD 60.000)	Plus 10% VAT on the agreed fee


Courier Fee	Applications received via manual application forms over the counter	Applications received through HSBCNet	Inclusive of VAT
Courier Fee per document	BHD 20.000	BHD 20.000	Plus 10% VAT on the agreed fee


Unpaid or unaccepted transactions	Applications received via manual application forms over the counter	Applications received through HSBCNet	Inclusive of VAT
Fees for Export and Import Bills returned unpaid, cancelled due to direct settlements, released on free of payment	BHD 40.000	BHD 40.000	Plus 10% VAT on the agreed fee
• Fees for Export and Import bills unpaid for more than one month from due date or sight (as per tenor) • Fees for Export and Import bills unaccepted for more than one month from presentation date	BHD 40.000 per month for each applicable charge	BHD 40.000 per month for each applicable charge	Plus 10% VAT on the agreed fee
• Fees for Shipping Guarantees and Delivery Orders outstanding for more than one month from issuance date	0.125% of invoice value	0.125% of invoice value	Plus 10% VAT on the agreed fee

Notes:

1. Handling of discrepant bill presentations involving Excess Drawing and / or Bill presentation post Documentary Credit expiry dates would be subject to HSBC discretion.

These charges are applicable to all clients unless agreed otherwise.

Contact us

Find a branch

Fees and charges

HSBC Corporate Services Price Guide

Important:

Account Services

Payments

Notes:

Cheques

Note:

Global Liquidity Solutions

Commercial Credit Cards

Credit Facilities

Guarantees and Standby Documentary Credit1

Notes:

Trade Services (Imports)

Notes:

Trade Services (Exports)

Notes:

Receivable Finance

Miscellaneous – Guarantees, Standby Documentary Credits, Imports and Exports

Notes:

Contact us

Guarantees and Standby Documentary Credit¹