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 100.00
b. Special Credit (Standby, Transferable, Back to Back, Revolving, Red Clause)
(As spelt out in the Letter of Offer)
Commission Minimum RM 250.00
c. Handling Charges for each OLC issuanceHandling ChargesRM 100.00
2 Amendments of LC
a. Increase Amount
(As spelt out in the Letter of Offer)
CommissionMinimum RM 50.00
b. Validity Date Extended
(As spelt out in the Letter of Offer)
CommissionMinimum RM 50.00
c. Other Amendment/sCommissionRM 100.00
d. Handling Charges for each OLC AmendmentHandling ChargesRM 100.00
3Usance Bill Under LC
(Acceptance Process)
Note: As spelt out in the Letter of Offer, from expiry date of LC to the expiry date of the usance bill.
CommissionMinimum RM 50.00
4Advising own LC direct to BeneficiaryCommission
  • BMMB Customer
  • Non BMMB Customer
  • For Beneficiary's Account:
  • RM 50.00
  • RM 100.00

  • For Applicant's Account:
  • USD 50.00 flat
  • Handling ChargesRM 100.00
    5Direct presentation of LC documents from beneficiaryCommission0.1% from presentation amount
    Minimum RM 50.00
    Maximum RM 100.00
    Checking FeeRM 100.00
    6Agent’s Charges on LC NegotiationAgent ChargesActual charges claimed by agent
    7Discrepancy fee
    (less from proceeds)
    Handling ChargesRM100.00 (for local LC)
    USD100.00 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 RM100.00
    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 RM100.00
    TransactionType Of ChargesStandard Pricing (Amount)
    1Advising & Advising of Amendment Commission
  • BMMB Customer
  • Non BMMB Customer
  • For Beneficiary's Account:
  • RM 50.00
  • Non BMMB Customer -RM 100.00

  • For Applicant's Account:
  • USD 50.00 flat
  • Handling ChargesRM 100.00
    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
    Handling ChargesRM 100.00
    TransactionType Of ChargesStandard Pricing (Amount)
    1Advice of Transfer (Partial & full)Commission
  • BMMB Customer
  • Non BMMB Customer
  • 0.15% to 0.2% on LC transferred amount;
  • Minimum RM 200.00
  • 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 SGCommissionAs spelt out in the Letter of Offer;
    OR 0.1% of SG amount per month; Minimum RM100.00
    Handling FeeRM100.00
    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 100.00
     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
    1.1 Issuance of BGCommissionTotal amount derived from the rate spelt out in Letter of Offer;
    Minimum RM 100.00
    1.2 Renewal of BGCommissionTotal amount derived from the rate spelt out in Letter of Offer;
    Minimum RM 100.00
    1.3 Handling Charges on each BG issuance/renewalHandling ChargesRM 100.00
    1.4 Amendment of BG
    a) 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 100.00
    b) 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 100.00
    c) Other AmendmentsCommissionRM 100.00
    d) Handling Charges on each BG amendmentCommissionRM 100.00
    2 Bank Guarantee under 100% Cash Margin (FSBG)
    2.1 Issuance of BGCommissionActual amount derived (based on rate of commission on the approval of Letter of Offer);
    Minimum RM200.00
    2.2 Renewal of BGCommissionActual amount derived (based on rate of commission on the approval of Letter of Offer);
    Minimum RM 200.00
    2.3 Handling charges under each BG issuance/ renewalHandling ChargesRM 100.00
    3Amendment of BG
    3.1 Amount IncreaseCommission0.15% per month on BG amount and period extended (inclusive of claim period)
    Minimum RM 200.00
    3.2 Validity Date ExtendedCommission0.15% per month on BG amount and period extended (inclusive of claim period)
    Minimum RM 200.00
    3.3 Other AmendmentsCommissionRM 100.00
    3.4 Handling Charges on each BG amendmentHandling ChargesRM 100.00
    4Vetting Charges (for non-standard format) CommissionRM 100.00
    5Bank Guarantee Claim Fees Commission RM 150.00
    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 100.00
    2Document Release Free of Payment
    a. Handling ChargesHandling ChargesRM100.00
    b. Cable / SWIFTChargesRM 50.00
    c. MailingHandling ChargesPostage charges:
    RM10.00
    OR
    Courier charges:
    Peninsular Malaysia RM30.00
    Sabah & Sarawak : RM50.00
    OR
    International Courier:
    As per DHL/ABX rate

    Minimum RM 100.00
    3Document Redirect to Other Bank
    a. CommissionCommissionMYR 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 100.00
    c. MailingHandling ChargesPostage charges:
    RM10.00
    OR
    Courier charges:
    Peninsular Malaysia RM30.00
    Sabah & Sarawak : RM50.00
    OR
    International Courier:
    As per DHL/ABX rate
    Minimum RM 100.00
    4Dishonored Bill
    a. Handling ChargesHandling ChargesRM 100.00
    b. Cable / SWIFTChargesRM 50.00
    c. MailingHandling ChargesPostage charges:
    RM10.00
    OR
    Courier charges:
    Peninsular Malaysia RM30.00
    Sabah & Sarawak : RM50.00
    OR
    International Courier:
    As per DHL/ABX rate
    Minimum RM 100.00
    5Protest Bill Handling ChargesRM 250.00 plus actual legal expenses
    6Representation Handling ChargesRM 100.00
    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 100.00
    2Document Release Free of Payment
    a. Handling ChargesHandling ChargesRM100.00
    b. Cable / SWIFTChargesRM 50.00
    3Document Redirect to Another Bank
    a. Handling ChargesHandling ChargesRM 100.00
    b. Cable / SWIFTChargesRM 50.00
    4Dishonored Bill
    a. Handling ChargesHandling ChargesRM 100.00
    b. Cable / SWIFTChargesRM 50.00
    5Protest Bill Handling chargesRM 250.00 excluding legal expenses
    6Representation Handling chargesRM 100.00
    7Checking Fee for Document Drawn under LCChecking FeeRM 100.00
    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 100.00
    TransactionType Of ChargesStandard Pricing (Amount)
    1Reproducing of Statement, Debit/Credit Advices Handling ChargesRM 10.00 per request
    2Endorsement of Bill of Lading or Airway BillHandling ChargesRM 100.00
    3Mailing
    a. Postage Handling ChargesRM 10.00
    b. Courier Handling Charges
  • Peninsular Malaysia
  • Sabah & Sarawak

  • RM 30.00
  • RM 50.00
  • c. International CourierHandling ChargesAs per DHL/ABX rate
    Minimum RM100.00
    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 10.00
    e. IBGChargesRM 5.00
    f. Others (other than above)ChargesRM 50.00
    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 100.00
    11Handling of Volumeness Documents (Bunching of Invoices and Multiple Payments exceeding 5 invoices and 5 payments per transaction)Handling ChargesRM 100.00
    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 100.00
    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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