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

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

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

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

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

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

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

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

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