REVISEDBANKCHARGESWITHEFFECTFROMJANUARY1,2012
1.DRAFTS/TTs (withinBhutan&India)
a) Remittance to Bhutan :
| Existing charges | Revised Charges | ||
| Slab | Charges | Slab | Charges |
| Up to Nu. 10,000 | Nu. 35 | Up to Nu. 100,000 | Max. Nu. 35 |
| Nu. 10,001 to Nu.100,000 | Nu. 2.75 per 1,000(Min. Nu. 50) | Nu.100,001 till Nu.1,000,000 | Nu. 2.00 per 1,000(Min Nu. 35 and Max Nu. 2,000) |
| Above Nu.100,000 | Nu. 2.5 per 1,000(Min. Nu 400 & Max. Nu. 20,000) | Above Nu.1,000,000 | Nu. 1.75 per 1,000 (Min.Nu 2,000 & Max. Nu. 15,000) |
b) Remittance to India :
| Slab | Charges |
|---|---|
| Up to Nu 10,000/- | Nu 35.00 |
| Nu 10,001 – 100,000/- | Nu 2.50 per Nu 1,000/- (Min Nu35/- & Max. Nu 200) |
| Nu 100,001 – 1,000,000/- | Nu. 2.00 per Nu 1,000/- (Min. Nu200/- & Max. Nu 2,000) |
| Above Nu 1000,000/- | Nu 1.75 per Nu 1,000/- (Min Nu2000/- & Max. Nu 15,000) |
Note : In case of remittance to any Bank in India other than Punjab National Bank, India, a charge of Nu. 55/- in addition to above commission shall be recovered.
2. CASHWARRANT/MANAGER’S CHEQUES :
| Up to Nu. 10,000 | Nu. 35 | Up to Nu. 100,000 | Max. Nu. 35 |
| Nu. 10,001 toNu. 100,000 | Nu. 1.75 per 1,000(Min. Nu. 35) | Nu. 100,001 tillNu.1,000,000 | Nu. 1.25 per 1,000 (Min Nu. 35 and Max Nu. 1,250) |
| Above Nu.100,000 | Nu. 1.25 per 1,000(Min. Nu 175 | Above Nu.1,000,000 | Nu. 1.00 per 1,000 (Min.Nu 1,250 & Max. Nu. 10,000) |
3.DD PURCHASE FOR CHEQUES AND DRAFTS :
| Both public & government | (Min. Nu. 30 & Max. Nu. 20,000) | Both public & government | Max Nu. 100 |
4.OUTSTATION CHEQUE(OC) PURCHASE :
| Existing charges | Revised charges | ||
| Slab | Charges | Slab | Charges |
| Both public & government | 50ch/Nu. 100(Min. Nu. 30 &Max. Nu. 20,000) | Both public & government | 0.5% of value (Max Nu. 20,000) |
5.COLLECTION OF DRAFTS AND CHEQUES (withinBhutan) :
| Up to Nu. 10,000 | Nu. 30 | Up to Nu. 100,000 | Free of Charge |
| Nu.10,001 to Nu.100,000 | Nu. 4 per 1,000 (Min. Nu 45) | Nu.100,001 toNu.1,000,000 | Free of Charge |
| Above Nu. 100,000 | Nu. 3 per 1,000 (Min. Nu 450) | Above Nu. 1,000,000 | Free of Charge |
6. FOREIGN EXCHANGE SERVICE CHARGES :
a. DOCUMENTARY LETTER OF CREDIT-IMPORT (both Foreign Currency & Indian Rupee):
| Billcharge | 0.15% (Min. Nu. 250) as opening commission | Bill charge | 0.15% (Min. Nu.250) as opening commission |
| Commitmentcharge | 1% on actual number of days up to The validity of the credit (Min.Nu.250) | Commitment charge | 0.75% on actual number of day up to the validity of the credit (Min 250) |
| Usancecharge | 1.2% on actual number of days upto the validity of the credit (Min. Nu. 250) | Usance charge | 1.00% on actual number of days up to the validity of the credit (Min Nu. 250) |
b. COLLECTION – IB (IN FC) :
| Existing charges | Revised charges | ||
| Slab | Charges | Slab | Charges |
| i. IB including immediate credit | 1 % (Min.Nu. 75) | i. IB including immediate credit | 1 % (Min. Nu. 75) |
ii. CBC- cheques/drafts sent on collection basis (in FC) :
| Up to Nu. 10,000 | Nu. 40 | Up to Nu. 10,000 | Nu. 40 |
| Nu. 10,001 toNu. 100,000 | Nu. 4 per 1,000(Min. Nu. 40) | Nu. 10,001 to Nu. 100,000 | Nu. 4 per 1,000 (Min. Nu. 40) |
| Above Nu. 100,000 | Nu. 3.5 per 1,000(Min. Nu. 400 and Max. Nu. 10,000) | Above Nu. 100,000 | Nu. 3.5 per 1,000 (Min. Nu.400 & Max. Nu.10,000) |
c. PURCHASE/ SALE OF USD TRAVELLERS CHEQUES :
| Purchase/sale of USDTravelers Cheques | Commission @ 1% on Ngultrum Equivalent value | Purchase / sale of USD travellerscheques | Commission @ 1% on Ngultrum Equvalent value |
d. FOREIGN CURRENCY REMITTANCES :
i. DRAFTs :
| Up to FC 1,000 | 0.25% (Min. Nu.100) | Foreign Currency Drafts | 0.20% plus SWIFT charges if any |
| Above FC 1,000 | 0.25% (Min. Nu.250) |
ii. TRANSFER VIA SWIFT:
| Existing charges | Revised charges | ||
| Particulars | Charges | Particulars | Charges |
| Transfer via Swift | 0.25% (Min.Nu.100)plus transmission Charges of Nu.250 for TTs Nu.1,000 for LCs. | Transfer via Swift | 0.20% (min. Nu. 100) plus Transmission charges of Nu. 200 for TTs & Nu. 700 for LCs |
| Inward TT/SWIFTremittance | Free of Charge | Inward TT/SWIFTremittance | Free of Charge |
| Postage charge | Actual basis (Min. 500) | Postage charge | Actual basis |
7.GENERAL CHARGES:
| Particulars | Charges |
|---|---|
| Loan application | Nu. 100 |
| Commitment fee/charges onunutilized amount of OD &WC | 0.1% |
| Statement charges if requiredfor more than once in a month | Nu.5 per page |
| Stop payment charge for chequesand drafts | Nu 50 perinstrument |
| No due/Demand Certificate | Nu. 50 |
| Presentation of usance bill foracceptance | Nu. 20 |
| Inquiry relating to old recordsOf more than 12 months | Nu.100 per item |
| Cancellation/issuance ofduplicate/ revalidation of drafts | Nu. 100 perinstrument |
| Postage | Actual basis |
| Telephone | Actual basis |
8.SERVICE CHARGE ON BANK ACCOUNT AND MAINTENANCE OF
MINIMUM BALANCE :
| Particulars | Charges |
|---|---|
| Savings account | Max. Nu. 150 as annual accountmaintenance fee |
| Current account | No maintenance fee |
| Minimum balance insaving a/c | Minimum balance not required |
| Minimum balance incurrent a/c | Nu. 1,000 |
9. SERVICE CHARGE FOR NON-MAINTENACE OF MINIMUM BALANCE IN ACCOUNTS :
| Particulars | Charges | Particulars | Charges |
|---|---|---|---|
| Saving Account(with Cheque book facility) | System does not allow withdrawal below min. balance of Nu. 500 | Saving Account (with chequebook facility) | Free of charge |
| Saving Account(without Cheque facility) | System does not allow withdrawal below min. balance of Nu. 500 | Saving Account (with chequebook facility) | Free of charge |