Trade Finance

The bank charges, fees and commissions for services provided by Bank Muamalat Malaysia Berhad

TransactionType Of ChargesStandard Pricing (Amount)
1Issuance of LC
a. Irrevocable LCCommissionAs spelt out in the Letter of Offer
Minimum RM 100.00
Handling Charges - for LC issuance free of commissionRM 50.00
b. Special Credit (Standby, Transferable, Back to Back, Revolving, Red Clause)Commission As spelt out in the Letter of Offer
Minimum RM 200.00
c. Handling Charges for each OLC issuanceHandling ChargesRM 50.00
2 Amendments of LC
a. Increase Amount CommissionAs spelt out in the Letter of Offer,
Minimum RM 50.00
b. Validity Date ExtendedCommissionAs spelt out in the Letter of Offer,
Minimum RM 50.00
c. Other Amendment/sCommissionRM 50.00
d. Handling Charges for each OLC AmendmentCommissionHandling ChargesRM 50.00
3Usance Bill Under LC (Acceptance Process) CommissionAs spelt out in the Letter of Offer, from LC expiry date of LC to the expiry date of the usance bill
Minimum RM 50.00
4Advising own LC direct to BeneficiaryCommissionIf charges for Beneficiary's Account:
BMMB Customer - RM 50.00
Non BMMB Customer - RM 100.00
If charges for Applicant's Account:
USD 50.00 flat
Handling ChargesRM 50.00
5Direct presentation of LC documents from beneficiaryCommission0.1% from presentation amount
Minimum RM 50.00
Maximum RM 100.00
Checking FeeRM 50.00
6Agent’s Charges on LC NegotiationAgent ChargesActual charges claimed by agent
7Discrepancy fee (less from proceeds)Handling ChargesRM 50.00 (for local LC) USD 50.00 or USD equivalent (for foreign LC)
8Drawing After Expiry Date (less from proceeds)Handling Charges0.1% per month on the drawing amount from the expiry date to the date of receipt of documents,
Minimum equivalent of RM 100.00
9Overdrawn/Drawing Exceeds LC Amount (less from proceeds) Handling Charges0.1% per month on the overdrawn amount from the LC issue date to the date of receipt of documents;
Minimum equivalent of RM 100.00
TransactionType Of ChargesStandard Pricing (Amount)
1Advising & Advising of Amendment CommissionIf charges for Beneficiary's Account:
BMMB Customer - RM 50.00
Non BMMB Customer -RM 100.00
If charges for Applicant's Account:
USD 50.00 flat
Handling ChargesRM 50.00
2Adding Confirmation (Sight and Usance LC) Confirmation Commission0.125% per month on LC
Value up to LC Expiry Date;
OR
Rate advised by Correspondent Banking (Whichever Is higher)
Minimum RM 100.00
a) Amendment to Transferred LCHandling ChargesRM 50.00
TransactionType Of ChargesStandard Pricing (Amount)
1Advice of Transfer (Partial & full)Commission0.15% to 0.2% on LC transferred amount;
BMMB Customer

Minimum RM 200.00
Non BMMB Customer

Minimum RM 500.00
2Amendment
a. Amount Increase Commission0.2% per month on increased amount,
Minimum RM 100.00
b. Validity Date ExtendedCommission0.2% per month on increased amount,
Minimum RM 100.00
c. Other AmendmentsCommissionRM 100.00
3Document Handling under Transferred LCHandling ChargesRM 100.00
4Document Checking FeeChecking FeeRM 100.00
TransactionStandard Pricing (Amount)
1SG under LC
 a. Issuance of SGCommissionSum of actual amount derived plus 6% GST;
Minimum 53.00
Handling FeeRM50.00
b. Non return of SG after expiry (a month after date of issuance) Commission0.5% per annum of SG amount for consecutive 3 months;
And 1% per annum for subsequent months until return.
Minimum RM 100.00
2SG not under LC
 a. Issuance of SGCommission0.15% flat of SG amount,
Minimum RM 150.00
Handling ChargesRM 50.00
 b. Non return of SG after expiry (a month after date of issuance.Commission0.5% per annum of SG amount for consecutive 3 months;
And 1% per annum for subsequent months until return.
Minimum RM 100.00
TransactionType Of ChargesStandard Pricing (Amount)
1Bank Guarantee under Facility
a. Issuance of BGCommissionTotal amount derived from the rate spelt out in Letter of Offer;
Minimum RM 50.00
b. Renewal of BGCommissionTotal amount derived from the rate spelt out in Letter of Offer;
Minimum RM 50.00
c.Handling Charges on each BG issuance/renewalHandling ChargesRM 50.00
d. Amendment of BG
i- Amount IncreaseCommissionTotal amount derived from the rate spelt out in Letter of Offer;
OR
0.1% to 0.15% per month on BG amount and period extended (inclusive of claim period),
Minimum RM 50.00
ii- Validity Date ExtendedCommissionTotal amount derived from the rate spelt out in Letter of Offer;
OR
0.1% to 0.15% per month on BG amount and period extended (inclusive of claim period),
Minimum RM 50.00
iii- Other AmendmentsCommissionRM 50.00
iv- Handling Charges on each BG amendmentCommissionRM 50.00
2 Bank Guarantee under 100% Cash Margin (FSBG)
a. Issuance of BGCommissionActual amount derived (based on rate of commission on the approval of Letter of Offer);
Minimum RM200.00
b. Renewal of BGCommissionActual amount derived (based on rate of commission on the approval of Letter of Offer);
Minimum RM 200.00
c. Handling charges under each BG issuance/ renewalHandling ChargesRm 50.00
3Amendment of BG
a. Amount IncreaseCommission0.15% per month on BG amount and period extended (inclusive of claim period)
Minimum RM 200.00
b. Validity Date ExtendedCommission0.15% per month on BG amount and period extended (inclusive of claim period)
Minimum RM 200.00
c. Other AmendmentsCommissionRM 50.00
d. Handling Charges on each BG amendmentHandling ChargesRM 50.00
4Vetting Charges (for non-standard format) CommissionRM 50.00
5Bank Guarantee Claim Fees Commission RM 100.00
TransactionType Of ChargesStandard Pricing (Amount)
1Creation of IBC
CommissionMYR bill/ local
0.1% of invoice value;
Minimum RM50.00;
Maximum RM500.00
Foreign bill
0.1% of invoice value;
Minimum RM 50.00;
Maximum RM 100.00
Handling ChargesRM 50.00
2Document Release Free of Payment
a. Handling ChargesCommission MYR bill/ local
0.1% of invoice value;
Minimum RM50.00;
Maximum RM500.00
Foreign bill
0.1% of invoice value;
Minimum RM50.00;

Maximum RM100.00
b. Cable / SWIFTHandling ChargesRM 30.00
c. MailingHandling ChargesPostage charges:
RM10.00
OR
Courier charges:
Peninsular Malaysia RM15.00
Sabah & Sarawak : RM25.00
OR
International Courier:
As per DHL/ABX rate

Minimum RM 60.00
3Document Redirect to Another Bank
a. CommissionHandling ChargesMYR bill/ local
0.1% of invoice value;
Minimum RM50.00;
Maximum RM500.00
Foreign bill
0.1% of invoice value;
Minimum RM50.00;

Maximum RM100.00
b. Handling ChargesHandling ChargesRM 50.00
c. MailingHandling ChargesPostage charges:
RM10.00
OR
Courier charges:
Peninsular Malaysia RM15.00
Sabah & Sarawak : RM25.00
OR
International Courier:
As per DHL/ABX rate

Minimum RM 60.00
4a) Dishonored Bill
a. Handling ChargesHandling ChargesRM 50.00
b. Cable / SWIFTChargesRM 30.00
c. MailingHandling ChargesPostage charges:
RM10.00
OR
Courier charges:
Peninsular Malaysia RM15.00
Sabah & Sarawak : RM25.00
OR
International Courier:
As per DHL/ABX rate

Minimum RM 60.00
5Protest Bill Handling ChargesRM 200.00 plus actual legal expenses
6Representation Handling ChargesRM 50.00
TransactionType Of ChargesStandard Pricing (Amount)
1Creation of Bill
CommissionMYR bill/ local
0.1% of invoice value;
Minimum RM50.00;
Maximum RM500.00
Foreign bill
0.1% of invoice value;
Minimum RM 50.00;
Maximum RM 100.00
Handling ChargesRM 50.00
2Document Release Free of Payment
a. Handling ChargesHandling ChargesRM50.00
b. Cable / SWIFTChargesRM 30.00
3Document Redirect to Another Bank
a. Handling ChargesHandling ChargesRM 50.00
b. Cable / SWIFTChargesRM 30.00
4Dishonored Bill
a. Handling ChargesHandling ChargesRM 50.00
b. Cable / SWIFTChargesRM 30.00
5Protest Bill Handling chargesRM 200.00 excluding legal expenses
6Representation Handling chargesRM 50.00
7Checking Fee for Document Drawn under LCChecking FeeRM 50.00
8Assignment of ProceedsHandling charges0.1% of assigned amount

Minimun RM 200.00
TransactionType Of ChargesStandard Pricing (Amount)
1Creation of Bill Purchased
a. Domestic Bill PurchasedProfit RateAs spelt out in the Letter of Offer
Commission0.1% of invoice value;
Minimum RM 100.00
Maximum RM 500.00
b. Foreign Bill PurchasedFunding RateCOF (as determined by Treasury) +
spread (as spelt out in the Letter of Offer)
c. Handling Charges for each bill issuedHandling ChargesRM 50.00
TransactionType Of ChargesStandard Pricing (Amount)
1Reproducing of Statement, Debit/Credit Advices Handling ChargesRM 5.00 per request
2Endorsement of Bill of Lading or Airway BillHandling ChargesRM 100.00
Handling ChargesRM 10.00
3Mailing
a. Postage Handling ChargesRM 10.00
b. Courier Handling ChargesPeninsular Malaysia
RM 15.00
Sabah & Sarawak :
RM 25.00
c. International CourierHandling ChargesAs per DHL/ABX rate
Minimum RM60.00
4Cable / SWIFT
a. LC issuance & amendment ChargesRM 50.00 (Local LC)
RM 100.00 (Foreign LC)
b. BG issuance & amendment ChargesRM 50.00 (Local LC)
RM 100.00 (Foreign LC)
c. FOT Charges (less from proceeds) ChargesUSD30.00
OR
MYR equivalent
d. RENTASChargesRM 5.00
e. IBGChargesRM 2.15
f. Others (other than above)ChargesRM 30.00
5 Accepted Bills – Islamic
(Purchase/Sales)
Funding RateBased on money market rate for the specified tenor – determined by Treasury
Acceptance CommissionActual amount derived (based on rate of commission on the approval of Letter of Offer)
6 Accepted Bills – Islamic
(Import/Export)
Funding RateBased on money market rate for the specified tenor – determined by Treasury
Acceptance CommissionActual amount derived (based on rate of commission on the approval of Letter of Offer)
7Murabahah Working Capital Financing (MWCF)
(Domestic/Foreign)
Profit RateAs spelt out in the Letter of Offer
8Bai Al Dayn Working Capital Financing (BWCF)
(Domestic/Foreign)
Profit RateAs spelt out in the Letter of Offer
9Foreign Currency Trade Financing (Import/Export)Funding RateCOF (as determined by Treasury) + spread (as spelt out in the Letter of Offer)
CommissionActual amount derived (based on rate of commission on the approval of Letter of Offer)
10Direct Presentation of Documents
(not under LC or Collection)
CommissionMYR & Foreign Bill:
0.1% of amount financed;
Minimum RM 50.00;
Maximum RM 500.00
Handling ChargesRm 50.00
11Handling of Volumeness Documents (Bunching of Invoices and Multiple Payments exceeding 5 invoices and 5 payments per transaction)Handling ChargesRm 50.00
12Overdue Bills
a. Compensation for Late Payment (Ta'widh)
Note: Late Payment Compensation is not compounded.
Compensation ChargesAt Islamic Money Market Rate (IMMR) on the number of days
b. Handling Charges of Overdue Bill Handling ChargesRM 50.00
TransactionType Of ChargesAmount
1Bank GuaranteeStamp DutyRM 10.00
2Shipping GuaranteeStamp DutyRM 10.00
3Documentary Credit (parcel/courier receipt)Stamp DutyRM 10.00
4BL / AWB EndorsementStamp DutyRM 10.00
5Fax ApplicationStamp DutyRM 10.00
TransactionType Of ChargesAmount
1Letter of CreditStamp DutyRM 10.00
2Letter of HypothecationStamp DutyRM 10.00
3LC Murabahah Contract NoteStamp DutyRM 10.00
4Al Murabahah Contract NoteStamp DutyRM 10.00
5Murabahah Working Capital Financing LetterStamp DutyRM 10.00
6Bai Al Dayn Contract NoteStamp DutyRM 10.00
7Shipping GuaranteeStamp DutyRM 10.00
8Letter of Authorization (Bank Guarantee) Stamp DutyRM 10.00
9Original Bank GuaranteeStamp DutyRM 10.00
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