Export tariffs

Documentary credits (DC)

Advising fee AMD 25,000
Amendment advising fee AMD 25,000
Presentation fee 0.2% of the bill (presented documents) amount, minimum AMD 25,000.
Inward remittance fee In accordance with Tariff of Charges for Legal Entities of the Bank.
Document checking fee AMD 10,000 for set of presented documents. For presented documents with discrepancies AMD 10,000 is levied on each set1.
Discounting of bills
  • 0.25 % of the bill (presented documents) amount, minimum AMD 25,000 plus agreed contractual annual interest rate with, tenor up to 1 year.
  • When the Bank negotiates/discounts presented documents, presentation fee is waived.
DC Confirmation On contractual basis2

 

Transfer of documentary credits (DC)

Transfer of the whole credit (without documents substitution) 0.5% of DC amount, minimum. AMD 30,000.
Partial transfer of the credit (with or without documents substitution) 0.5% of transferred DC amount, minimum. AMD 30,000.
Transferred DC amendment fee
  • AMD 25,000
  • Additional 0.5% transfer commission will be levied for amendments involving an increase in DC amount.
Documents checking fee AMD 10,000 for set of presented documents. For presented documents with discrepancies AMD 10,000 is levied on each set1.
Presentation fee 0.2% of the bill (presented documents) amount, minimum AMD 25,000.
Inward remittance fee In accordance with Tariff of Charges for Legal Entities of the Bank.
Payment commission In accordance with Tariff of Charges for Legal Entities of the Bank.

 

Documentary collections

Issuance fee 0.2% of collection amount, minimum AMD 15,000.
Amendment fee AMD 15,000
Inward remittance fee In accordance with Tariff of Charges for Legal Entities of the Bank
Discounting of avalised drafts AMD 25,000 account(s) servicing one-off fee and agreed contractual annual interest rate with, tenor up to 1 year.

 

1Documents are checked against customer's written demand and bank's acceptance.

2Depends on the risks of issuing bank and country.

Other Tariffs

  • Providing of copies of old/archived information/documents – AMD 3,000 for each document1.
  • Authentication and advice of received teletransmissions – AMD 25,000 for each teletransmission.
  • Telecommunication/SWIFT (AMD 3,000 each), courier charges (according to invoices), correspondent banks fees and other incidental expenses, if any, will be additionally debited to the customers' accounts, notifying customer afterwards.
  • AMD 10,000 account(s) servicing one-off fee is applicable for issuance of BGs, DCs and SDCs.
  • All Global Trade and Receivables Finance (GTRF) fees and charges if paid to the Bank are payable upfront in Armenian Dram.

1 Inclusive of VAT

Call us on:

+374 (60) 655 300

open hours 09:00-18:00

+374 (60) 655 000

Our phone lines are open 24/7

Last updated on: 22/11/19 18:47 UTC

You are now leaving hsbc.am

We are not responsible for the accuracy and trustworthiness of the content of the website, and the consequences that might occur as a result of using the promotions/advertisements available in the website.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.