Forms
Fees
Export Related Commission Import Related Commission Local L/C Loan Related Fees
Exchange commission rate
Types Quotation Rate
At Sight 1M L + 1.80%
Usance 31 days or less 1M L + 1.80%
62 days or less 3M L + 2.5%
92 days or less 3M L + 2.7%
123 days or less 6M L + 2.8%
184 days or less 6M L + 2.8%
300 days or less 9M L + 2.9%
Over 300 days Agreed rate
ML : Month Libor
¡æ ML : Month Libor
At Branch, CD/ATM
Types Normal Nego
At Sight Bills under L/C -
Bills under Non-L/C -
Usance Bills under L/C Within 1 year -
Over 1 year 0.50%
Bills under Non-L/C Within 6 months -
Over 6 months(excess period) 1.50%
Where it exceeds more than 6 months, spread rate of 3% will be imposed during the period beginning from the previous maturity date till the postponed maturity date. However, spread rate of 4% will be charged when the payment has been delayed more than twice.
L/G Nego : The additional spread rate of 1.5% to normal rate (1.3% for small and medium-sized companies) will be charged.
¡æ L/G Nego : The additional spread rate of 1.5% to normal rate (1.3% for small
     and medium-sized companies) will be charged.
Interest rate for deferral and dishonored L/C
Interest rate for deferral and acceptance
Under L/C : exchange commission rate at the time of imposition + 1.5%
(1.3% for small and medium-sized companies)
D/P : Trade Fee rates at the time of imposition (Upon negotiating L/G, the additional spread
rate of 1.5% (1.3% for small and medium-sized companies) will be charged.)
DA :
¡æLate acceptance: exchange commission rate at the time of imposition (in case of L/G nego,
    the additional spread rate of 1.5% to normal rate (1.3% for small and medium-sized companies)
    will be charged.)
¡æLate payment : overdue interest rate of the related foreign currency.
Delay Charge on Re-Nego
When payment is made after the commission payment period (1st bank: 3 days, 2nd bank: 9 days), the exchange commission rate at the time of imposition will be charged for extra days. (in case of L/G nego, the additional spread rate of 1.5% (1.3% for small and medium-sized companies) will be charged)
Interest rate on dishonored L/C
Prime rate (KRW-denominated Loan) during * collection period + additional rate
Collection Period
Period beginning from the maturity date (at sight: the next day of the maturity date) till one day before the date payment is made.
L/C Advice Charge
Cable fee (including amendment) & Mailing (including amendment): KRW 20, 000 per cable
EDI Advice: KRW 10,000 per item
Others (including Confirmation of Signature on Shipping Documents, and Mail Confirmation, etc)
: KRW 6,000 per item
L/C Transfer Charge
Types Upon Transfer Amendment
Simple Transfer KRW 20,000 per transfer KRW 10,000 per transfer
Amendable Transfer To KEB KRW 50,000 per transfer KRW 10,000 per transfer
To other banks KRW 70,000 per transfer KRW 20,000 per transfer
Others
Handling Fee on Bill of Exchange Bought: KRW 20,000 per item
Collection Fee: KRW 20,000 per item
Fee on Re-opening L/C (including Local Credit): KRW 30,000 per item
Fee on Issuance of PA (Procurement Authorization): KRW 7,000 per item
(where applied thru. EDI: 3,000 per item)
Fee on Issuance of Export Certificate: KRW 2,000 per item