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Opening Charges: 0.1% (every 3-month), Minimum Rate: KRW 10,000 . |
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Negotiation Rate: Prime Rates (KRW-denominated Loan) + 3.0% |
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Imposition period
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where L/C opening bank is located near clearing house in the same region : 3 business days |
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where an opening bank is not located near clearing house : 6 business days |
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where L/C opening branch is a clearing house : 2 business days |
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Handling Fee on Local Credit Bought : KRW 5,000
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