Import tariffs

Documentary credits (DC)

Issuance fee 1. 0.5% of DC amount, minimum AMD 30,000 for DCs with validity of up to 91 days.
2. For DCs with validity over 91 days, 0.5% of DC amount for 91 days and 0.005% daily thereafter, minimum AMD 30,000.
Issuance fee is collected at the time of DC issuance in lump sum and is not subject to recalculation or refund in case of DC early repayment or cancellation.
Deferred payment bills (DPB) issuance fee
  • 4% per annum calculated on the bill (presented documents) amount and proportionally calculated for the additional period thereafter, minimum AMD 30,000, which is collected after advising the customer about receipt of documents by the Bank.
  • 1% per annum for cash covered bill (presented documents) calculated on the bill amount and proportionally calculated for the additional period thereafter, minimum AMD 15,000, which is collected after advising the customer about receipt of documents by the Bank.
Deferred payment bill (DPB) issuance fee is not subject to recalculation or refund in case of DPB early repayment or cancellation.
Confirming/Discounting bank fees All fees applied by confirming/discounting bank for DC confirmation, documents checking, deferred payment and discounting, which in any case are advised to the customer by the Bank and collected.
Amendment fee
  • AMD 25,000 for each amendment issuance
  • Additional issuance commission to be levied proportionally for amendments involving an increase in amount or extension of validity.
  • In case of change in security type, issuance fee is reviewed accordingly based on existing tariffs
  • Cancellation of DC is considered as an amendment
Payment commission In accordance with Tariff of Charges for Legal Entities of the Bank
Discrepancy fee The Bank will charge 125 unit of DC currency for each set of discrepant documents presented under the DC. The charge is paid by the exporter - the beneficiary
Overdue commission 0.1% per month calculated from the bill (presented documents) and proportionally calculated for the part of it minimum AMD 5,000 if payment/disposal instructions have not been received by the Bank within 5 working days after the date of advice of discrepancies.
Document checking Free of charge


Documentary collections

Advising fee 0.2% of collection amount, minimum AMD 15,000, which is collected at the time of advising
Amendment fee AMD 15,000
Payment commission fee In accordance with Tariff of Charges for Legal Entities of the Bank

 

1 Depends 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.