Charges for various services:

Sr.No.

Type of Service

Charges (AUD)

1.

Ledger Folio Charges
(A/c Maintenance Charges per month)

Current Account – 10

2.

Charges for issue of Duplicate Statement

10

3.

Minimum Amount for Opening Account

For Corporates / Companies: 10,000
For Individuals: 250,000

4.

Charges for not maintaining minimum balance

25 per month

5.

Charges for Standing Instructions

10 per transaction

6.

Charges for Cheque Returned Unpaid

10

7.

Closure of A/cs

50

8.

Penalty for Pre-Payment

1%

9.

Cheque Collection in clearing

0.50 per instrument

10.

International Money Remittance Charges (in INR Currency)

(wef 10th April 2017)

For Remittance to BOB Beneficiary Account AUD 4/- per remittance
For Remittance to Non-BOB Beneficiary Account AUD 8/- per remittance

International Money Remittance Charges (other than INR currency)

(wef 10th April 2017)

AUD 25/- per transaction

11.

Processing charges for fund based & non-fund based facility on sanction & Renewal

1% of sanctioned limit

12.

Commitment charges

1% of Unutilised limit

13.

Documentation Charges

Actual charges and out of Pocket expenses for - like Advocate fee, charge noting fee etc

14.

Commission on Inland Guarantee
(Financial/Performance/Deffered Payments)

1.00% p.a.

15.

Inspection charges

$500.00 per occassion

16.

Commission on Bill Discounting/Exchange on Bill Purchase

0.25% of Bill , maximum $2000.00

17.

Charges for Establishment of all Inland/Foreign LC

0.25% per Quarter

18.

Charges for Extension/Amendment of LC

For Amendment:-
$200.00 per Amendment & 1.00% of increase of amount.

19.

LC Advising charges

$100.00

20.

LC Amendment Advising Charges

$50.00 per occassion

21.

Confirmation of LC

$250.00

22.

LC Negotiation Charges

0.25% of Bill, maximum $2000.00

23.

Collection of Bills
(Cleane/docu- Demand/Usance) OBC

0.25% ,Min $50.00 & Max. $1000.00

24.

Collection of Bills
(Cleane/docu- Demand/Usance) IBC

0.25% ,Min $50.00 & Max. $1000.00

25.

Handling Charges for Bill return Unpaid

$100.00

26.

Courier charges

$50.00

27.

SWIFT Charges

$50.00