Trade Finance Service charges for Jordan Branches
S.No. Details ARBJ Service charges
Charges Min Max
         
1. Import Letters of Credit (all types):
1.1 LC Issuance
1.1.1 LC Issuance / Amendment (Value/Period) Commission maximum rate 0.50% per 3 months or any part thereof JOD50.00 Actual
minimum rate 0.25% per 3 months or any part thereof
1.1.2 Issuance (Swift)   JOD 30.00 FLAT
1.1.3 Note:
1. LC issuing or ammending (value /period) commission payable in full upfront exept murabaha L/C's.
2. If LC specifies tolerance , commission will be calculated additiionally on the increased value.
Confirmed LC issuance See below Note.    
1.2 Note:
confirmation commission if born by applicant will be claimed upon confirming bank request , it may be calimed directly or otherwise at the time of utilization so it is subject to confirming bank rates
LC Amendment Commission
1.2.1 Amendment other than value / period Flat rate JOD 50.00 FLAT
1.2.2 Amendment (Swift)   15 JOD FLAT
1.3 Documents under LC
1.3.1 Negotiation of Bills under LC NILL    
1.3.2 Musharakah Commission to be set by credit dept    
1.3.3 Discrepancy fee   JOD 100 FLAT
1.3.4 Reimbursement charges to be deducted out of proceeds (when ARBJ is acting as reimbursing bank ) USD 100  
1.3.5 Acceptance of beneficiary's draft   JOD 40 FLAT
1.4 LC Cancellation
1.4.1 Cancellation of LC (Partialy utilized)   JOD50.00  
1.4.2 Cancellation without utilization   JOD50.00  
         
2. Inward Bills Collection IBC
2.1 Collecting Commission maximum rate 0.375% FLAT JOD 50.00 ACTUAL
maximum rate 0.25% FLAT
2.2 Acceptance commissions ( without avalization ) maximum rate 0.375% FLAT JOD 30.00 ACTUAL
maximum rate 0.25% FLAT
2.3 Avalizing Commission Flat rate JOD 40.00 FLAT
2.4 Advising Amendment   JOD 25.00 FLAT
2.5 SWIFT (Acknowledgement / Acceptance)   JOD 15.00 FLAT
2.6 Delivery of docs free of payment   JOD 50.00 FLAT
2.7 Custody fees (Monthly)/After one week of maturity date   JOD 25.00 FLAT
2.8 Remittance Fee   JOD 25.00 FLAT
2.9 Enquiry / Tracer (Swift)   JOD 15.00 FLAT
2.10 Bill Retention charges (Monthly)   JOD 25.00 FLAT
2.11 Return of documents unpaid/ unaccepted   JOD 50.00 FLAT
         
3. Export Letter of Credit
3.1 Export LC pre-advising - Short messages   JOD 50.00 FLAT
3.2 Export LC advising maximum rate 0.002 FLAT JOD 50.00 ACTUAL
maximum rate 0.001 FLAT
3.3 Negotiation Under Confirmed L/C (all types) maximum rate 0.50% FLAT JOD 50.00 ACTUAL
minimum rate 0.25% FLAT
3.4 LC Transfer charges 0.50% FLAT JOD 200.00 Actual
3.5 Export LC amendment - for increase in amount maximum rate 0.002 FLAT JOD 50.00 FLAT
maximum rate 0.001 FLAT
3.6 Acceptance of beneficiary's draft Flat rate JOD 40.00 ACTUAL
3.7 Export LC amendment - other   JOD 50.00 FLAT
3.8 reimbursement charges for correspondents   JOD 100.00 FLAT
3.9 Negotiation of export LC bill maximum rate 0.375% FLAT JOD 50.00 FLAT
maximum rate 0.250% FLAT
3.10 Sending documents under LC on collection basis maximum rate 0.375% FLAT JOD30.00 JOD 200.00
maximum rate 0.250% FLAT
3.11 Assignment of proceeds comm. maximum rate 0.002 FLAT JOD 50.00 ACTUAL
maximum rate 0.001 FLAT
3.12 Bill settlement / RTGS payment   JOD 25.00 FLAT
3.13 Export LC cancellation   JOD 25.00 FLAT
         
4. Outward Collection OBC
4.1 Settlement Collection / Amendment (Increase in amount) maximum rate 0.375% FLAT JOD 30.00 FLAT
maximum rate 0.25% FLAT
4.2 Return of documents unpaid / unaccepted   JOD 30.00  
4.3 Amend outward collection other   JOD 30.00  
4.4 Delivery free of payment   JOD 30.00  
         
5. Letters of Guarantee
5.1 Local / Outward Letters of Gauarantee      
5.1.1 Letter of Guarantee Issuance / Amendment (Value,Period) maximum rate 2% per annum (against the covered cash collateral portion) JOD 40.00 ACTUAL
5.1.2 Letter of Guarantee Amendment (other than value and period)   JOD 30.00  
5.1.3 Cancellation   JOD 25.00  
5.2 Advising Letters of Gauarantee      
5.2.1 Letter of Guarantee Advising & Amendment maximum rate 0.002 FLAT JOD 50.00 ACTUAL
maximum rate 0.001 FLAT
5.2.2 confirming inward gtee commission   JOD 40.00 FLAT
5.2.3 amendment on inward gtee commissions other   JOD 40.00 FLAT
5.2.4 Advising gtee to other banks (relay without responsibility)   JOD 75.00 FLAT
5.2.5 Requesting Confiscation / Claim / Call   JOD50.00 FLAT
5.2.6 return inward gtee after expiry   JOD 25.00 FLAT
5.2.7 Cancellation   JOD 25.00 FLAT
5.3 Counter Gauarantees      
5.3.1 Counter Guarantee Issuance/Amendment (Value & Period) maximum rate 2% per annum (against the covered cash collateral portion) JOD 40.00 ACTUAL
5.3.2 Counter Guarantee Amendment (other than Value & Period)   JOD 50.00 FLAT
5.3.3 Cancellation   JOD 25.00 FLAT
         
6. Shipping Guarantee
6.1 Shipping Guarantee issuing commission   JOD 40.00  
6.2 Endorsement on Airway/Bill of lading   JOD 40.00  
6.3 Cancellation of shipping guarantee   JOD 25.00  
6.4 Collecting SG from Shipping Agent   NILL  
6.5 Follow up (Monthly)   NILL  
         
7. Other Charges
7.1 Courier charges
7.1.1 Courier outsideHKJ   JOD 50.00 FLAT
7.1.2 Courier inside HKJ   JOD 25.00 FLAT
7.2 Fate enquiry / tracer (Swift)   JOD 15.00 FLAT