GLOBAL TRANSACTION BANKING

Trade Product Standard Pricing Tariff

PRODUCTS CHARGES
IMPORTS
Import Letter of Credit Issuance (LC)
Note: Import Letter of Credit Issuance (LC) through paper application will carry an incremental fee of AED1,000.
Irrevocable Documentary Letter of Credit - Issuance As per arrangement with customer
Standby LC issuance Commission As per arrangement with customer
Back to Back LC issuance Commission As per arrangement with customer
Revolving LC issuance Commission As per arrangement with customer
Amendments to Documentary Credit
Note: Amendments to Documentary Credit through paper application will carry an incremental fee of AED500.
Commission for increase in value As calculated for issuance of LC (Min AED250)
Commission for extension of the expiry date As calculated for issuance of LC (Min AED250)
Amendments to LCs (other than in value or expiry date) AED250
Cancellation
Cancellation fee for unexpired Documentary Credit AED250
Note - LC Commission is calculated for the number of months between the issue date and the expiry date of the LC,
rounded off to the next higher month
SWIFT charges relating to LCs
Pre-advice AED100
Issuance AED500
Amendments AED200
Courier charges relating to LCs
Domestic AED150
International AED250
Others
Draft of LC prior to release AED500
Import Bills under LC
Bill processing fee for Sight and Usance bills AED100
Acceptance commission (for each bill drawn under As per arrangement with the customer (minimum of
Usance LC) AED250)
Discrepancy fee (on each set of documents received with USD150 or equivalent per set of discrepant bill (levied as
any Discrepancy) specific in LC terms)
Reimbursement fee (FCY LCs) USD150 or equivalent per bill
Reimbursement fee (LCY LCs) AED275
Commission on the bills presented under expired LCs 0.125% pm on the bill value (min AED500)
Commission on the bills presented which exceeds LC
As calculated for issuance of LC
value
Fee for issuance of managers cheque for agents
AED125 per cheque
commission
Fee for safe keeping of documents (after 1 month from
AED200 per document per month
the date of presentation)
Documents if returned Unpaid/Unaccepted AED500 flat (variable charges extra)
Commission in lieu of Exchange Commission of 0.25% in lieu of exchange when
transactions are settled in whole or part, in the same
currency as the relative documents

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 PRODUCTS CHARGES
Import Bills under Collection (Documentary/Clean)
Documents handling/processing fee AED100 per bill
Handling Commission 0.125% of the bill value (Min AED250)
Acceptance Processing Fees (in addition to the handling
AED100
commission)
As per arrangement with the customer (Min 3 months or
Avalization Commission AED1,000 whichever is higher) for the full Usance period
of the bill
Avalization financing fee AED400 per bill plus finance cost
Reimbursement fee (FCY Bill) USD150 or equivalent per bill
Reimbursement fee (LCY Bill) AED275
Processing fee for amendment of instructions from
AED100 per amendment for each bill
remitting bank
Commission on bills to be delivered free of payment 0.25% flat, min AED250. Variable charges extra
Documents if returned Unpaid/Unaccepted 0.25% flat, min AED250. Variable charges extra
Commission on transfer of bill to a third bank 0.25% flat, min AED250. Variable charges extra
Fee for safe keeping of bills
DP Bills - after 1 month from date of presentation AED200 per document per month
DA Bills - after 1 month from due date
Pre/Part settlement fee AED100 for each settlement
Commission of 0.25% in lieu of exchange when
Commission in lieu of Exchange transactions are settled in whole or part, in the same
currency as the relative documents
Shipping Guarantees / Delivery Orders
Commission on issuance under LC or Collection 0.125% of the invoice value (Min AED250)
0.25% on the invoice value (Min AED500) (Levied after
Commission on the outstanding item beyond one month 30 days from the date of issuance and every 30 days
thereafter)
Others
Processing fee for payment of legalization fee on special
AED150 per request
request
Import Financing - Trust Receipt (TR) Loan
Note: Import Financing - Trust Receipt (TR) Loan through paper application will carry an incremental fee of
AED1,000.
TR processing fee for bills under LC or Collection AED250 per bill + Finance cost
0.125% on the bill value or min AED250 per bill +
TR processing fee for bills under Open Account basis
Finance cost
TR extension fee AED500 per bill + Finance cost for extension tenor
TR Pre/Part settlement fees Breakage Charges
EXPORTS
Export LC Advising Charges
Customers AED250
Non customers AED350
Advising attachments under LC AED100
Export LC Amendment advising charges
Customer AED 200
Non Customer AED 300
Export LC - Confirmation commission
Risk based pricing Min AED1000

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 PRODUCTS CHARGES
Export LC - Transfer charges on full or part LC
0.25% flat on the transferred value of the LC (Min
Customer
AED500)
0.25% flat on the transferred value of the LC (Min
Non Customer
AED1000)
Export LC - Amendment charges to Transferred LC
0.25% flat on the increased value of the LC (Min
Customer AED500)
Non-financial amendment- Min AED 300

0.25% flat on the increased value of the LC (Min

Non Customer AED1000)
Non-financial amendment- Min AED 500
Export LC - Assignment of Proceeds
Commission 0.125% flat (minimum of AED 600)
Other charges relating to Export LC advising
Reimbursement claim AED 200
Domestic - AED125
Advising LC/Amendment to another bank (SWIFT/Post)
International - AED250
Export Bills under LCs and Collection (Documentary/Clean)
Processing fee for checking documents under LC AED250
Commission for handling a bill under Export LCs 0.125% flat (Min AED500)
Commission for handling a bill under Collection 0.125% flat (Min AED500)
Commission for discounting a bill AED400 per bill + Finance Cost
Part settlement of collection bill AED 100
Commission for receiving any amendments AED 100
Charges for tracers/reminders sent on unpaid bills (upon
AED 200
customer request)
Commission on bills released free of payment 0.25% flat (min AED500). Variable charges extra
Commission of 0.25% in lieu of exchange when
Commission in lieu of Exchange transactions are settled in whole or part, in the same
currency as the relative documents
Other charges relating to Export Bills under LCs and Collection
Domestic - AED125
Courier
International - AED250
Export Invoice Financing
Note: Export Invoice Financing through paper application will carry an incremental fee of AED1,000.
0.125% on the invoice value (Min AED250) + Finance
Commission for handling the bill
cost
Tenor extension fee AED500 per bill + Finance cost for extension tenor
Part/Pre settlement Breakage Charges
Local Bills Discounted (Cheques)
0.125% on the cheque value (Min AED35) + Finance
Commission
cost

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 PRODUCTS CHARGES
GUARANTEES
Letters of Guarantee (LG) Outward
a) As per arrangement with the customer
b) As per arrangement with the customer
Issuance Commission (charged upfront) Note: i. Commission is calculated on a quarterly basis for
the number of quarters between the issue date and the
a) Fixed ended Guarantee expiry date of the Guarantee, rounded off to the next
b) Open ended Guarantee higher quarter
ii. Letters of Guarantee (LG) Outward issuance through
paper application will carry an incremental fee of
AED1,000.
a) As calculated for issuance of LG
Where commissions are recovered periodically,
amendment commission shall be computed from the date
of increase in value until the next scheduled recovery
date, for actual number of days rounded up to the
Amendment Commission nearest month (subject to minimum charges)
a) Increase in value b) As calculated for issuance of LG
Where an amendment increases the value as well as
b) Extension of expiry date extends the expiry, it shall be treated as two separate
c) All other amendments amendments for application of the minimum commission
c) AED250
Note: Letters of Guarantee (LG) Outward amendment
through paper application will carry an incremental fee of
AED500.

Letters of Guarantee (LG) Inward

Issuance Commission (charged upfront) Risk based pricing
Amendment Commission As calculated for issuance of LG, minimum AED250
Advising LGs AED250
Advising LG Amendment AED150
Commission on settlement of LG claims AED250
Handling commission on third party LG claims AED1000
Other charges relating to LGs
Issuance by SWIFT AED250
Amendment by SWIFT AED100
Reissuance of LG AED200
GENERAL CHARGES
Swift : Domestic or International (per message) AED125
Courier : Domestic (per document) AED125
Courier : International (per document) AED250
Postage AED50

Please note the following:

a) All charges are per transaction processed.
b) Other bank charges, wherever applicable, will be levied in actual as per their claim on us.
c) Enquiries charges not applicable in case of error on part of bank/correspondents.
d) These are First Abu Dhabi Bank PJSC, UAE charges only.
e) FAB reserves the right to levy additional charges for services provided at our sole discretion. This schedule of service
charges may change without prior notice.
f) Rates of interest charged on bills financed and loans are subject to prior arrangement and are applicable from the date of
financing until the date of settlement.

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 g) Wherever exchange rate is applicable, FAB reserves the right to apply the cross currency rates and value date as
determined by the bank.
h) The pricing tariffs contained in this standard trade product tariff are exclusive of any Value Added Tax (“VAT”). To the extent
that VAT is applicable to the charges, FAB will charge this in addition to the fees outlined above.

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