About Scotiabank

	REMITTANCE

	PRODUCT/SERVICE	BANK CHARGES/FEES

	BANKERS CHEQUE
1.	Issuance of Bankers Cheque	RM2.00 plus stamp duty of RM0.15
2.	Replacement of Bankers Cheque reported lost	Letter of Indemnity Stamp Duty RM10.00 Issuance Fee RM2.00 Stamp Duty RM0.15
3.	Cancellation and refund of Bankers Cheque with original Draft	RM2.00
4.	Cancellation and refund of Bankers Cheque reported lost	Letter of Indemnity Stamp Duty RM10.00

	FOREIGN CURRENCY DRAFT(FC)
1.	Issuance of Foreign Drafts	RM2.00 commission for amount up to RM5000 equivalent. No commission is to be levied if the Draft amount exceeds RM5000 equivalent. Stamp Duty RM1.00
2.	Replacement of FC Draft reported lost	Letter of Indemnity Stamp Duty RM10.00 Issuance Fee RM2.00 Stamp Duty RM1.00 Stop payment order charges - As per Correspondent Bank Charges.
3.	Cancellation and refund of FC Draft reported lost	Letter of Indemnity Stamp Duty RM10.00

	LOCAL OUTWARD FUNDS TRANSFER
1.	RENTAS transfer for amounts of RM10,000 and above	RM9.00 per transfer
2.	Fund transfer for amount up to RM10,000	RM2.00 commission Stamp Duty RM0.15

	FOREIGN CURRENCY TELEGRAPHIC TRANSFER
1.	Outward Foreign Currency TT	RM10.00 commission for amount up to RM5000 equivalent. No Commission is to levied if the TT amount exceed RM5000 equivalent. RM30.00 SWIFT charges.
2.	Inward Foreign Currency TT (Account Holder)	RM5.00 commission for amount up to RM5000 equivalent. No Commission is to levied if the TT amount exceed RM5000 equivalent.
3.	Inward Foreign Currency TT (Non A/C Holder)	0.03% Commission minimum RM10.00 up to maximum RM500.00

	FOREIGN CHEQUE PURCHASED
1.	Foreign Cheques/Drafts	0/1% Commission minimum RM10.00 and maximum RM100.00 Stamp Duty RM1.00 Correpondent Bank charges:- EUR50.00 per cheque CHF2.00 per cheque SGD3.00 per cheque AUD10.00 oer cheque
2.	BNS Draft/Money Order	0.1% Commission minimum RM10.00 and RM100.00 Stamp Duty RM1.00
3.	Purchase of Traveller's Cheque	RM10.00 commission per transaction stamp Duty RM0.15 per cheque leave< Correpondent Bank charges:- EUR50.00 per cheque CHF2.00 per cheque AUD10.00 oer cheque
	CURRENT ACCOUNTS

	PRODUCT/SERVICE	BANK CHARGES/FEES

1.	Initial minimum deposit	RM500.00 - Individual Account RM1000.00 - Corporate Account
2.	Account closed within 3 months from date account opened	RM20.00 service fee
3.	Half Yearly service fee (on account with an average credit balance of less than RM1,000)	RM10.00
4.	Stamp Duty on Cheques	RM0.15 per cheque leaf
5.	Bank Statement	Free on a monthly basis
6.	Periodic Statement request	RM20.00 per month for daily/weekly/forthnightly
7.	Cheque Returned Charges - Insufficient Funds	RM100.00 per cheque
8.	Cheque Returned Charges - Stop Payment	RM100.00 per cheque
9.	Audit Confirmation	RM50.00
10.	Letter of Reference	RM25.00
11.	Banker's Report	RM25.00
12.	Credit Report	RM20.00
13.	Inactive Account Notice	RM10.00 Inactive a/c balance for RM10.00 and below will be closed and balances absorbed as service fee
14.	Commitment Fee (Account with facilities)	1% per annum on unutilised portion of the facilities
15.	Unauthorized Temporary Overdraft Interest	BLR + 2.50% Minimum RM10.00
	SAVING ACCOUNTS

	PRODUCT/SERVICE	BANK CHARGES/FEES

1.	Initial minimum deposit	RM20.00
2.	Account closed within 3 months from date account was opened	RM20.00 service fee
3.	Inactive Account Notice	RM10.00 Inactive a/c balance for RM10.00 and below will be closed and balances absorbed as service fee
4.	Letter of Reference	RM25.00
5.	Bank Statement	Free on a monthly basis
6.	Periodic Statement request	RM20.00 per month for daily/weekly/forthnightly
	FOREIGN CURRENCY A/C

	PRODUCT/SERVICE	BANK CHARGES/FEES

1.	Annual Account Maintenance Fee	USD50.00 per annum
2.	Handling fee on debit/credit entries (excluding transfer/placements into FCFD accounts)	USD2.00 or RM equivalent per entry
	OTHER SERVICES

	PRODUCT/SERVICE	BANK CHARGES/FEES

1.	Voucher searches	RM10.00 per man hour
2.	Request for Cheque images	RM10.00 per copy
3.	Request for photocopy of document	RM1.00 per copy
4.	Replacement of lost Certificate of Deposit (Fixed Deposit)	RM5.00
5.	Documents for Registered Mail	Actual Cost
6.	Documents for Courier	Actual Cost
7.	Standing Orders	RM2.00 Commission Stamp Duty RM0.15
8.	Payroll Transfers	RM2.00 Commission - Internal within branchers(per account) RM4.00 Commission - External to other banks(per account)
9.	Confirmation of Cheque Authorized Signatories for renewal of Pusat Khidmat Lesen Kontraktor	RM2.00 per request
10.	Endorsement of the status of Company's account for tender submission	RM2.00 per request
	TRADE FINANCE

	PRODUCT/SERVICE	BANK CHARGES/FEES

	LETTERS OF CREDIT (LC) - IMPORTS
1.	Issuance of LC	0.1% Commission per month Minimum RM100.00 or per Letter of Offer (L/O) Courier Charges RM20.00 + actual weight SWIFT Charges RM120.00
2.	Amendment of LC on increase in amount or extension of validity period	0.1% Commission per month Minimum RM50.00 Courier Charges RM20.00 + actual weight SWIFT Charges RM60.00
3.	Other Amendments	RM50.00 Commission Courier Charges RM20.00 + actual weight SWIFT Charges RM60.00
4.	Usance LC	0.1% Commission per month Minimum RM50.00
5.	Endorsement of Bill of Lading (BL) under LC	0.1% Commission on invoice amount Minimum RM50.00
6.	Notice of Discrepancy and dishonor advice to Remitting Bank	RM15.00 Commission
7.	Reimbursement Claims initiated by our Bank/font>	RM50.00 Service Charge

	LETTERS OF CREDIT (LC) - EXPORTS
1.	LC Advising	RM50.00 Commission per LC Courier Charges RM20.00 + actual weight Delivery by Hand RM5.00 Service Charge
2.	Advising LC admendments	RM50.00 Commission per amendment Courier Charges RM20.00 + actual weight Delivery by Hand RM5.00 Service Charge
3.	Confirmation Charges	0.125% Commission per month Minimum USD100.00 or RM equivalent
4.	LC Transfer Charges	0.125% Commission per month Minimum RM300.00 - Borrowing Trade Customer Minimum RM500.00 - Non Borrowing Customer
5.	Negotiation of Bill under LC(EBN) a. Foreign Currency Bill b. Local Currency Bill	0.1% Commission - minimum RM50.00 and maximum RM150.00 0.1% Commission - minimum RM50.00 and maximum RM150.00 Courier Charges RM20.00 + actual weight Delivery by Hand RM5.00 Service Charge
6.	Acceptance Fee for Usange Bill	0.1% Commission per month - minimum RM50.00
7.	Document Checking Fee	RM100.00 - Discrepant Document RM50.00 - Non Discrepant Document

	COLLECTION DOCUMENTS
1.	Inward Collection Bills (DC) a. Foreign Currency Bill b. Local Currency Bill	0.1% Commission Minimum RM25.00 and maximum RM100.00 0.1% Commission Minimum RM25.00 and maximum RM500.00 SWIFT Charges - RM30.00 SWIFT Tracers - RM15.00 RENTAS Charges - RM9.00 (local bill)
2.	Outward Collection Bills (EBC) a. Foreign Currency Bill b. Local Currency Bill	0.1% Commission Minimum RM25.00 and maximum RM100.00 0.1% Commission Minimum RM25.00 and maximum RM500.00 SWIFT Tracers - RM15.00
3.	Clean Collection a. For amount above RM100.00 b. For amount below RM100.00	0.1% Commission Minimum RM25.00 and maximum RM100.00 Courier Charges RM20.00 + actual weight SWIFT Tracers - RM15.00 RM10.00 Commission Courier Charges - actual weight SWIFT Tracers - RM15.00

	BANK GUARANTEE
1.	Issuance, Renewal and Amendment (Increase amount or extend expiry date/claims period)	0.1% Commission or as per Letter of Offer (LO) Minimum RM100.00 Stamping Fee RM10.00 SWIFT Charges - RM120.00 for issuance SWIFT Charges - RM60.00 for amendment
2.	Other amendments	RM50.00 per amendment Stamping Fee RM10.00 SWIFT Charges RM60.00 for amendment
3.	Continuing Guarantee & Guarantee with no specify expiry date	Commission at the rate advised in Credit Authorization

	SHIPPING GUARANTEE
1.	Issuance for the first 3 months	0.1% Commission Minimum RM100.00 Stamping Fee RM10.00
2.	Issuance for subsequent months	0.5% Commission per annum until return of original guarantee

	ECR PRE SHIPPING (ECR PRE)
1.	Issuance of ECR DPO/LPO	0.5% Commission on value of DPO/LPO Minimum RM20.00 and Maximum RM500.00 Processing Fee RM10.00 per transaction

	ECR POST- SHIPPING (ECR POST)
1.	Processing	Processing Fee RM10.00 per transaction

	TRADE LOAN - FOREIGN/LOCAL CURRENCY (FCTL & LCTL)
1.	Creation of Trade Loan	As per Letter of Offer (LO) SWIFT Charges RM30.00
2.	Early Settlement of Trade Loan	Breakage cost as advised by Dealers
3.	Late Settlement of Trade Loan past maturity	1% Penalty Charge on the overdue amount

	BILLS PURCHASED/DISCOUNTED - L/C
1.	Foreign Currency Bill	0.1% Commission - minimum RM50.00 and maximum RM150.00
2.	Local Currency Bill	0.1% Commission - minimum RM50.00 and maximum RM500.00 Document Checking Fee - RM100 - Discrepant Document RM50.00 - Non Discrepant Document

	PAST DUE BILL (PDB)
1.	Penalty Interest on PDB	1% above the current rate charged Processing Fee RM100.00

	BANKERS ACCEPTANCE (BA)
1.	Acceptance Fee	As per Letter of Offer (LO)
	HOUSING LOANS

	PRODUCT/SERVICE	BANK CHARGES/FEES

	LOAN PROCESSING FEE
1.	Up to RM30,000	RM50.00
2.	RM30,001 to RM100,000	RM100.00
3.	Above RM100,000	RM200.00

	STATEMENT REQUESTS
1.	Periodic statement requested by customers in addition to normal statement	RM2.00 per cut off statement or letter
2.	Loan Redemption Letters	RM 50 per account per request basis (Applicable for Retail & SME)
3.	Loan Interest Statement	RM20.00 for every interest statement issued

	LATE PAYMENT CHARGES
1.	Administrative Charge	RM10.00 for every late payment of monthly installment exceeding 14 days
2.	Interest Charged	Current H/L Interest rate plus 1% will be charged on monthly installment
	SECURITIES & NOMINEES

	PRODUCT/SERVICE	BANK CHARGES/FEES

	SECURITIES IN CDS ACCOUNT CUSTODY
1.	Stocks, Shares, Bond etc held in CDS a/c or as security for loans	Service Charge RM1.00 per annum per holding
2.	Withdrawal of securities except for settlement of account a. For CDS custody b. Held as Security for loans	0.1% of market value Minimum RM5.00 and Maximum RM1,000.00 0.05% of market value Minimum RM5.00 and Maximum RM1,000.00
3.	Dividend Claims	1% minimum charge
4.	CDS Transfer Fee	RM10.00 per transfer
5.	Submission of Proxy Form	RM10.00 per application
6.	Submission of right issue	RM5.00 per application
7.	Opening CDS Account	RM10.00 per account
	For purpose of the regulations, all charges mentioned apply to a "Holding" unless otherwise specified. A Holding being shares or stock in one company irrespective of the amount for share held.