Modhumoti Bank Limited Floor, 65 -66 Motijheel C/A, Dhaka -1000 · 2019-05-27 · Head Office, DCCI Building 2 nd, 3 rd & 4 th Floor, 65 -66 Motijheel C/A, Dhaka -1000 . Above Charges

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Modhumoti Bank Limited Head Office, DCCI Building 2nd, 3rd & 4th Floor, 65-66 Motijheel C/A, Dhaka-1000

Above Charges / Fees/ Commissions/ Rates are exclusive Govt, Duty /Tax/ VAT, if any shall be recovered from the customers

in addition where and when applicable.

1

General Banking Services

Item No. General Banking Services Page Number

1. Current Account ………………………………………………………………………………….. 5

2. SND Account ………………………………………………………………………………………. 5

3. SB Account…………………………………………………………………….......................... 5

4. Scheme’s A/C ……………………………………………………………………………………… 5

5. Standing Instruction ……………………………………………………………………………. 5

6. Locker & Safe Custody………………………………………………………………………….. 5

7. Issuance of Solvency Certificate & BO Certificate……………………………………….. 6

8. Supply of Statement of Account...…………………………………………………………… 6

9. Transfer of Fund as per instruction ………………………………………………………… 6

10. Stop payment Instruction …………………………………………………………………….. 6

11. Issuance of Cheque Book …………………………………………………………………….. 6

12. Issuance of Foreign currency balance certificate etc. ………………………………… 6

13.

14.

Collection…………………………………………………………………………………………….

Collection ……………………………………………………………………………………………

6

7

15. Cheque returned unpaid from clearing house. ………………………………………… 7

16. Collection of outstation cheques, bills/Clean/documentary……………………….. 7

17. Bounced cheques drawn on us (Cash, Clearing or transfer)………………………… 7

18. Remittance (Inland) DD/TT/MT/Issuance……………………………………………….. 7

19

20

21

22

23

24

25

26.

Cancellation of DD/TT/MT/ Postage /Courier/FAX…………………………………….

Issuance of Duplicate Instrument…………………………………………………………..

Issuance of Payment Order……………………………………………………………………

Issuance of Duplicate PO………………………………………………………………………

Issuance of Duplicate FDR/ Different Schemes…………………………………………..

Issuance of Cheque drawn on Bangladesh Bank at the request of the client…..

Collection of Inland Bills……………………………………………………………………….

Purchase of Inland Bills accepted by other Banks………………………………………

7

7

8

8

8

8

8

9



2

Item No. Online Charges Page Number

1. Online Cash Transaction (Withdrawal & Deposit) Fees………………………… 9

2. Online Cash Transaction (Withdrawal & Deposit) Fees- Inter Branch

within the same City…………………………………………………….. 9

Credit Related Services

Item No. Credit Related Services Page Number

1. Loan Processing & Monitoring Fee ………………………..…………………….……… 10

2. Commitment Fee on Undisbursed amount…………………………………………… 10

3. Retail Loan/ Consumer Loan/ Home Loan/ Personal Loan……………………… 10

4. Vehicle Loan………………………………………………………………………………… 10

5. All Loan accounts (CC, Demand Loan, SOD (Gen), Hire Purchases)………….. 10

6. Forced /Demand Loan…………………………………………………………………… 10

7. Documentation Charges ………….……………………………………………………… 10

8. Issuance of Bank Guarantee……………………………………………………………… 10

9. Godown Charge/ Warehouse Charge…………………………………………………… 10

10. Interest on PAD ……………………………….…………………………………………….. 11

11. Handling of Documents for LIM………………………………………………………… 11

12. Early Settlement Fee……………………………………………………………………… 11

13. Overdue

Interest…………………………………………………………………………………………..

11



3

Foreign Trade Related Services

Item No. Trade Service (Import) Page Number

1. L/C Opening Charges & Commission………………………………………… 12

2. L/C Transmission Charges……………………………………………………… 12

3. Add Confirmation Charge for Local & Foreign……………………………. 13

4. Correspondence Charges ..……………………………………………………. 13

5. Collection of Credit Report……………………………………………………. 13

6. Import Bill Settlement Charges……………………………………………… 13

7. Shipping Guarantee / Airway Bill Realise/ Delivery Order/NOC…… 14

8. Others Charges………………………………………………………………….. 14

Item No. Trade Service (Export) Page Number

Item No. Foreign Trade (Miscellaneous) Page Number

1. Forwarding application regarding import registration certificate etc. 17

2. Handling charges for license of indenting & Money changer…………. 17

3. Handling charges for settlement of Cash incentive & DEDO …………. 17

4.

5.

Inland L/C Advising and Reimbursement charge…………………………

Correspondence against Customer's Queries /investigation………….

17

17

6. Interest Rate on EDF L/C………………………………………………………. 17

7. Processing fee for obtaining Bangladesh Bank approval/permission

(Indenting, Buying House, Freight Forwarders Agents etc.)

17

1. Export …………………..……………………………………………………………… 15

2. Foreign Bank Guarantee …..………………………………………………………. 16

3. Issuance of PRC…………………….………………………………………..…......16

4. Issuance of Back to Back L/C Certificate / C&F Certificate ….…………… 16

5. EXP Issue ……….………………………………………………………………..…… 16-17



4

Item No. Ship Builders for Export Oriented IndustryPage Number

1. Issuance of Bank Guarantee 18

2. Letter of Credit Under (Sight) etc 18

3. L/C Opening Commissions where 100% Cash margin received 18

4.

L/C Opening Commissions under Deferred Payment/ Usance L/C 18

Item No. Foreign Remittance Page Number

1. Foreign Remittances 19

2. Opening / Renewal of Student File (Remittance fees) ……………… 19

3. Issuance of FC Demand Draft Drawn on Bangladesh Bank…………. 19

4. Clearing of FC Demand Draft drawn on Bangladesh Bank……………… 19

5. Disposal of remitted fund on A/C of Home Remittance ……………… 19

6. Collection (Inward) ……………………....……………………………………… 19-20

Item No. Micro, Cottage & SME LoanPage Number

1. Schedule of Charges (MCSME)…….…………………………………………… 20

Item No. Syndication LoanPage Number

1. Schedule of Charges (Syndication Loan)……………………………………… 21

Item No. BFTN, RTGS & BACHPage Number

3. Schedule of Charges (BFTN, RTGS & BACH)22

Item No. CardsPage Number

1. Schedule of Charges for ATM Debit Card……………………………………. 22

2. Schedule of Charges (VISA Debit Card …………………………………………… 23

3.Schedule of Charges (VISA Credit Card) …………….……………………………24

Item No. Agent Banking Page Number

1. Schedule of Charges(Agent Banking)…………………………………………… 25



5

General Banking Services

Item

No.

Type of Services Nature of Charges Charges

1.

Current Account (CD) Account Maintenance Fee

Account Closing Charge

BDT. 500/- half yearly

BDT. 300/-

2.

Special Notice

Deposit Account

(SND)

Account Maintenance Fee

Account Closing Charge

BDT. 500/- half yearly

BDT. 300/-

3.

Savings Account (SB)

Account Maintenance Fee

(1)Account Maintenance fee shall not be

realized from the savings account if the

minimum average balance is BDT. 5000/-

(2) Account Maintenance fee shall be realized

BDT. 100/- half yearly If the minimum average

balance is BDT. 5001/- to BDT. 25,000/-

(3) Account Maintenance fee shall be realized

BDT. 300 half yearly if the minimum average

balance is BDT. 25001/- and above.

(4) Account Maintenance Fee shall not be

realized from the Staff Account.

Account Closing Charge BDT. 200/-

4.

Scheme’s A/C

Closing Charge

For Premature

Encashment only

FREE

5. Standing Instruction Charge BDT. 50/- to be realized in each transaction

except Scheme A/C.

6.

Locker & Safe

Custody

Rent

Small Size

Medium Size

Large Size

Security Money

(Refundable)

Small Size

Medium Size

Large Size

BDT. 5000/- P.A.

BDT. 7500/- P.A.

BDT. 10,000/- P.A.

BDT. 5000/-

BDT. 7500/-

BDT. 10,000/-



6

Item

No.


7.

i)Issuance of

Solvency Certificate

ii) Issuance of

Certificate for BO

Account

Charge

i) BDT. 300/- for issuance of Solvency Certificate per instance.

ii) BDT. 100/-Only

8.

Supply of Original

Statement of Account

i) Regular Statement

ii) Supply of

Duplicate Statement

of Account on

Demand

iii)Balance

Confirmation

Certificate (Yearly &

Half Yearly)

iv)Authentication of

client statement at

the request of other

banks

Charge

(i) Free of Charge

(ii) Min. BDT. 50/- to Max. BDT. 500/-

(iii) Yearly & Half Yearly is free. Issuance of

Balance Certificates more than mentioned two

times BDT. 200/- to be realized

iv) BDT. 300/-

9. Transfer of Fund as

per Instruction

(Within the same

branch & deposit

schemes only).

Charge FREE

10.

Stop Payment

Instruction

Charge

BDT. 100/- per instruction

11.

Issuance of Cheque

Books

Charge BDT. 4.00/- per leaf applicable for all types of

accounts

12. Issuance of Foreign

Currency Balance

Certificate etc.

Charge

BDT. 300/- or USD 5/-

13. Local Collection of

Cheques (Where

there is Clearing

House)

Charge

As per BACH & BEFTN charges schedule



7

Item

No.


14. Local Collection of

Cheques(Where there

is no Clearing House)

Charge

Actual Conveyance

Minimum BDT. 50/-

15.

Cheque returned

unpaid from the

Clearing House

Charge

BDT. 200/- per instance from the account of

the depositor/Account holder

16.

Collection of

Outstation Cheques /

Bills

(Clean/Documentary)

Commission

Postage

Telephone

Up toBDT. 1,00,000 @0.15%

Min.BDT. 100/-

Above BDT. 1,00,000 @0.10%

Min.BDT. 200 /-

Max. BDT. 3000/-

At actual, Minimum BDT. 25/-


17.

Bounced Cheque

drawn on us (Cash,

Clearing or Transfer

Charge

BDT. 250/- (flat) per instance

18.

Remittance (Inland)

DD/TT/MT issuance

Commission

Additional Charges for

Telephone

Communication

@ 0.15% Minimum BDT. 50/-

At actual, MinimumBDT. 50/-

19.

Cancellation of

a)DD/TT/MT

b)Communication

Charge

Charge of Cancellation

BDT. 100/- per instance

At actual, Min BDT. 50/-

20. Issuance of Duplicate

Instrument

Charge for Issuance BDT. 200/- + Actual stamp charge &

Postal Charges (if any)



8

Item

No.


21.

Issuance of Payment

Order

Charge for Issuance

Charge for Cancellation

(1) Commissions on Issuance of Pay Orders

which are customer originated may be waived.

(2) Pay orders which are originated by the

Bank i;e Pay Orders issued by Bank in

settlement of Payments of Bills Under Letter of

Credit accepted by us & against to our

suppliers / service provider against goods/

services must be realized as follows:

Up-to BDT. 1,00,000/- = BDT. 50/- per

instance

Above BDT. 1,00,000/- = BDT. 200/- per

instance

(3) Staff: Free

BDT. 100/-

22.

Issuance of Duplicate

PO

Charge

Up- to BDT. 10,000 = BDT. 50/-

Above BDT. 10,000 = BDT. 200/-

+ Stamp duty + VAT

23 Issuance of Duplicate

FDR/ Different

Schemes

Charge Up- to BDT. 100,000 = BDT. 100/-

Above BDT. 100,000 = BDT. 300/-

+ Stamp Charge at Actual

24

Issuance of Cheque

drawn on Bangladesh

Bank at the request

of the client

Charge

BDT. 300/- per instance.

25

Collection of Inland

Bills

Commission

Postage (Registered)

Telephone

Interest

Up to BDT. 1.00 Lac @ 0.15% min. BDT. 200/-

Up to BDT. 10.00 Lac @ 0.10% min. BDT. 300/-

Max. BDT. 1000/-

Above BDT. 10.00 lac @ 0.10% Minimum BDT.

500/-

Maximum BDT. 3000/-

Interest to be charged as per lending rate

(Commercial Others from date of purchase up

to the date of realization of proceeds)



9

Item

No.


26 Purchase of Inland

Bills accepted by

other Banks

Commission

Interest / Other charges

BDT. 500/- per bill and bill may be purchased

at bill buying rates published by Head Office

International Division.

Loans may be approved within limit approved

by Head Office at Interest Rate to be charged

Bank’s prevailing rate of interest.

Online Charges

1. Online Cash Transaction (Withdrawal & Deposit) Fees

Types of Services Charge/Fees

Up to BDT. 1 lac Free

Above BDT. 1 lac to BDT. 2 lac BDT. 100/-




Above BDT. 50 lac BDT. 1200/-

2. Online Cash Transaction (Withdrawal & Deposit) Fees- Inter Branch within

the same City

Types of Services Charge/Fees

Up to BDT. 1 lac

No Charge

Above BDT. 1 lac to BDT. 10 lac

Above BDT. 10 lac to BDT. 25 lac

Above BDT. 25 lac toBDT. 50 lac

Above BDT. 50 lac



10

Credit Related Services

Item

No.


1.

Commitment Fee on

Un-disbursed Amount

Fee/Charge

Case to Case basis

2. Loan Processing Fee Fee/Charge Free for SME & General Loan

As per policy for Retail Loan

3.

Retail Loan/

Consumer Loan/

Home Loan/ Personal

Loan

Monitoring Fee

Supervision Charge

Risk Fund

As per policy

4.

Vehicle Loan

Monitoring Fee

Supervision Charge

Risk Fund

As per policy

5. All Loan Accounts

(e.g. CC, Demand

Loan, SOD (Gen),

Hire Purchase)

A/c maintenance fee No maintenance feewill be applicable for SOD

(FO/FDR), CCS & Staff House Building Loan

account.

BDT. 500/- + vat for each loan account on half

yearly basis other than mentioned above.

6. Forced/ Demand

Loan

Overdue interest 2.00% p.a Overdue interest on outstanding shall

be realized for the delayed period.

7. Documentation

Charges (Mortgage of

landed property

creation of charge on

other Bank's

FDR/Schemes/ Share

etc.)

Charge

At actual

8. Issuance of Bank Guarantee

Commission/Service Charge/ Stamp Fees

Max. 0.50%- Min0.10% Per quarter or part thereof, Minimum BDT. 500/- against 100% cash Margin commission to be realized at BDT. 500/- (Flat) plus Other charges. VAT at actual. Stamp charge at actual on borrowers account.

9. Godown Charge/

Warehouse Charge

Borrowers Godown under

Bank’s Custody

Bank’s Rented Godown

i) Rent – on Borrower's A/C

ii) Insurance – on Borrower’s A/C

iii) Salary & allowance of Godown Staff – on

Borrower’s A/C



11

Issuance of Delivery

Order (against delivery

goods from Banks /

Borrower's Godown)

iv) Maintenance of Godown - on Borrowers A/C

i) Rent –To be realizedfrom borrowers

proportionately for their occupancy plus 75 %

extra

ii) Insurance –To be realized from borrower’s

A/C proportionately

iii) Salary & Allowance of Godown Staff – To be

realized

from borrower’s A/C proportionately

BDT. 100/- per delivery plus actual conveyance.

10.

Interest on PAD

Interest

As per Lending Rate

11.

Handling of

Documents for LIM

Charge

Up to BDT. 5 Lac = BDT. 500/- (Flat)

Above BDT. 5 Lac up to

BDT. 10 Lac = BDT. 1000/- (Flat)


BDT. 25 Lac = BDT. 1500/- (Flat)


BDT. , 50 Lac = BDT. 3000/- (Flat)

Above BDT. 50 Lac = BDT. 5000/-(Flat)

12. Early Settlement Fee Charge On case to case basis.

13. Overdue Interest Charge 2.00% p.a. on overdue amount



12

Foreign Trade Related Services

Trade Service (Import)

Sl. No.

Type of Service Nature of Commission /Charges

Commission /Charges

L/C Opening Charges & Commission

1 Commission for Opening Cash L/C

For each quarter Max. 0.40% - Min. 0.10% or

Min. BDT. 1000/-

Each subsequent quarter or part thereof

Max. 0.30% - Min. 0.10% or

Min. BDT. 1000/-

2 Commission for Opening L/C under AID/Loan/Credit/Barter etc.


Min. BDT. 1000/-


Max. 0.25% - Min. 0.10% or

Min. BDT. 1000/-

3 Commission for Opening L/C where 100% margin is received


Min. BDT. 1000/-

4 Commission for OpeningL/C under deferred payment/ Usance L/C/ UPAS


Min. BDT. 1500/-


Max. 0.35% - Min. 0.15% or

Min. BDT. 1000/-

5 Commission for Opening of Back to Back (BTB) L/C including EDF

Commission Max. 0.40% - Min. 0.10% or

Min. BDT. 1000/-

6 Commission for Opening of Inland L/C (ILC)


Min. BDT. 1000/-


Max. 0.30% - Min. 0.10% or

Min. BDT. 1000/-

L/C Transmission Charges:

7 If L/C's are Transmitted By Mail, By Courier, By Post etc.

Charge( This shall cover cost of registered mail of L/C to Advising Bank & copy to Reimbursing Bank)

At actual

8 If L/C's are Transmitted by SWIFT: i)Abroad ii) Local

Charge At actual

9 If L/C's are Transmitted in Short and Non-Operative SWIFT

Charge At actual

10 If Amendment of L/C is Transmitted By Mail, By Courier, By Post etc.

Charge At actual

11 L/C Amendment Charge: If Amendment of L/C is Transmitted by SWIFT

Charge BDT. 750/- per instance



13

Sl. No.


Commission /Charges

12 L/C Amendment Commission: Commission As per scheduleof charges per quarter

Add Confirmation Charge for Local & Foreign:

13 Add Confirmation by Foreign Bank Charge At actual. To be borne by the applicant of L/C or Beneficiary

14 For arranging Add confirmation from third Bank, our Charges

Charge Max. 0.25% - Min. 0.10%

Correspondence Charges:

15 L/C Cancellation or Expired Unutilized amount: By cable/ SWIFT.

Charge Nil

16 L/C Handling Charges Charge Nil

17 L/C Cancellation Charges before expiry Charge At actual Charges of Foreign Bank Claims

18 Foreign correspondent charges for amendment of L/C

Charge At actual of Foreign Bank Claims

19 Discrepancy Charges- (Import Documents) Charge Foreign USD 50.00 Local USD 30.00

20 Foreign Correspondent Charges (FCC) for all types of L/C's (On Applicant's Account)for Foreign Banks

Charge At actual of Foreign Bank's Claim +SWIFT Charge

21 Foreign Correspondent Charges (FCC) for all types of L/C's (On Beneficiary's Account)

Charge

At actual( In case of non-payment of charges by beneficiary, actual charges to be realized from the importer as per)

22 Interest on PAD/Bills Charge As perLending Rate

23 Handling of Import Documents without L/C & Clearing

Charge 0.15% Min BDT. 500

24 B/L EndorsementSignatureVerification Charges

Charge BDT. 100 per B/L

25 Maturity date extension ( Any communication)

Charge BDT. 1000 per instance + SWIFT charges

Collection of Credit Report:

26 Collection of Credit Report on the Beneficiary by SWIFT from Dun &Breadstreet and Others.

Charge At actual Charges of Foreign correspondents+ BDT. 750/- for each report

Import Bill Settlement Charges:

27 Acceptance Commission for Deferred/Usance/Back to Back L/C etc.

Commission

Max. 0.40% - Min. 0.20% or

Min. BDT. 1500/-



14

Sl. No.


Commission /Charges

28 Documents Scrutiny Charges for settlement of documents of Import Bills drawn under L/C (to be realized from the bill value)

Charges Max. BDT. 1500/- Min. 500/-

Shipping Guarantee / Airway Bill Realise/ Delivery Order/NOC:

29 Issuance of shipping guarantee / Airway Bill Realise/ Delivery Order/NOC in absence of original documents

Charge Max. BDT. 1000/- Min. 500/-

30 Inward document collection not under import L/C ( May be subject to URC-522 or not)

Charge

In case of D.P: Max. 0.40%- Min. 0.10% or Min. BDT. 1000. In case of D.A.: Max. 0.50%- Min. 0.10% or Min. BDT. 1000/-, Plus other charges, If applicable (At actual).

31 Release of Import documents for customs assessment purpose

Charge BDT. 500/-

Others Charges:

32 IRC Renewal Charge Govt. fees at actual + Service Charge BDT. 500/-

33 IMP Issue Charge BDT. 100/- per instance

34 LCAF issuance charge for L/C Charge BDT. 100/- per instance

35 LCAF issuance charge(Non-L/C) Charge Max. BDT. 1500/- Min. 500/- per instance

36 Any other charges not mentioned in the above connection with Opening and Advising of L/C

Charge Max. BDT. 1500/- Min. 500/- per instance

*Above charges/ Fees/ Commission rate are exclusive Govt. Duty/ Tax/ VAT and stampcharges, If any shall be covered from the customers in addition where and when applicable. ** If require any charges shall be approved by the Bank Management or Competent Authority.



15

Trade Service (Export)

Sl. No.


Commission /Charges

1 Negotiation commission for export bills in foreign currency

Commission

Max. 0.15%-Min. 0.10% or Min. BDT. 500/- (On the negotiated amount no overdue interest will be charged under full compliance of L/C terms.)

2 Negotiation/collection commission for export bills in local currency

Commission Max. 0.15%-Min. 0.10% plus interest for the period of the bill remains outstanding

3 Discounting of export bill drawn under Local L/C

Commission

Discounting intt. for the applicable usance period of the bill for the outstanding period + BDT. 500/- as documents processing fee + postage at actual

4 Processing of documents under collection in local currency


5 Processing of Documentary collection bills in the foreign currency

Charge Max. 0.15%- Min. 0.10%or Maximum BDT. 500/-

6 Advising of Local/Foreign Bank L/C to the Local beneficiary


7 L/C of advising charge -Local L/C (BTB & Inland)


8 Advising charges of amendment of L/C to the Local Beneficiary


9 Transfer of L/C / Transfer of Amendment of L/C

Transfer Charges BDT. 750/- per instance

Amendment Charges BDT. 500/- per instance

10

Transfer of L/C's (MT720) at the request of our Buying House Clients who have licenses under Section 18A or 18B of FER Act, 1947 by Bangladesh Bank

Transfer Charges BDT. 750/- per instance

Cancellation Charges BDT. 750/- per instance

11 Cancellation of Transfer of Amendment Charge BDT. 750/- + SWIFT charge at actual

12 Mailing of Export Documents: Mail or Courier Charge BDT. 750/- + Mail charge at actual

13 Foreign Bank's Guarantee Commission against discrepant bills

Charge At actual

14 SWIFT Charge for sending payment instruction of reimbursement

Charge At actual or Minimum BDT. 500/-

15 Adding Confirmation to Export L/C by us Charge Maximum 0.20% per quarter or part thereof / Min. USD 50.00



16

Sl. No.


Commission /Charges

16 Monitoring fee against Packing Credit Facility

Charge

@1.5% (Flat) may be realized from each PC facility since the Bank Officials have to give more time and effort to monitor for timely export of ready Garments to avoid stock lot.

17 Foreign Trade (Export) Charge

When any packing creditfacility becomes overdue interest @ 15.00% p.a. (13.00%p.a. + 2.00%p.a.) may be changed from time to time on overdue export bills which are negotiated/ purchased.

18 Advising guarantee to the beneficiary in original without any engagement on our part

Charge BDT. 750/- plus at actualMail/SWIFT charges

19 Advising guarantee by original by adding our confirmationagainst 100% counter guarantee of Foreign Bank

Charge

Max. 0.50% - Min. 0.15% per quarter or part thereof or Min. USD 100/- + cost of Postage /SWIFT

20

Advising of guarantee in our own format or on the format supplied by the Issuing / Opening bank with our full engagement against 100% counter guarantee of Foreign Bank

Commission


21

Issuance of Bid Bond/Performance Bond favoring overseas beneficiary through foreign correspondent at our customer's request

Commission


22 Proceeds Realization Certificate(PRC) Charge BDT. 500/- per instance

23 Processing fee for obtaining Bangladesh Bank approval/Permission (indenting, buying house, freight forwards agent etc.)

Charge BDT. 3000/- for 1st permission &BDT. 1500/- for renewal

24 Indemnity for shipping guarantees in absence of original documents provided full value of document is deposited by client


25 Endorsement of N/N copy for custom assistant purpose


26 Issuance of back to Back L/C Certificate / C&F Certificate/ Bond license etc.


27 EXP Issue / Certification of EXP form Charge BDT. 300/- per instance( to be realized at time issuance of EXP Form)



17

Sl. No.


Commission /Charges

28 Discounting of Inland Bill in foreign currency Charge Exchange gain + Handling charge BDT. 500/-

29 Handling Charges for license of Indenting & Money Changer etc.


30 Inland L/C Advising & Reimbursement Charge


31 Correspondence against customer's queries/ Investigation

Charge At actual or Minimum BDT. 300/-

32 Cancellation of EXP Charge Nil

33 Handling cash subsidy duty drawback Charge BDT. 2000/- for each case

34 Issuance of No Objection Certificate Charge BTD. 500/- for each case

*Above charges/ Fees/ Commission rate are exclusive Govt. Duty/ Tax/ VAT and stampcharges, If any shall be covered from the customers in addition where and when applicable. ** If require any charges shall be approved by the Bank Management or Competent Authority.

Foreign Trade (Miscellaneous)

Sl. No Type of Services Nature of Charges Charges

1.

Forwarding application regarding

Import Registration Certificate etc.

(IRC)

Charge

BDT. 500/- per instance

2. Handling Charges for License of

Indenting & Money Changer etc.

Charge BDT. 1,000/- per instance

3. Handling Charges for Settlement of

Cash Incentive & DEDO


4. Inland L/C Advising and

Reimbursement Charge


5. Correspondence against Customer’s

Queries / Investigation

Charge


6. Interest rate on EDF L/C

Charge @16.00% p.a. interest for interim period

+ as per Bangladesh Bank regulations

after the fund is received from

Bangladesh Bank

7. Processing fee for obtaining

Bangladesh Bank approval/permission

(Indenting, Buying House, Freight

Forwarders Agents etc.)

Charge BDT. 3000/- for 1st permission

And BDT. 1500/- for renewal



18

Ship Builders for Export Oriented Industry

Sl. No. Type of Services Nature of Charges Charges

1 Issuance of Bank Guarantee by

the local Bank’s which needs the

Add Confirmation by the foreign

Bank, the commission will be

charged in addition to the

confirmation charge by the

foreign Banks.

Commission @ 1.5% in addition to the confirmation

charge by foreign correspondents.

2 Letter of Credit

L/C Opening Commission

under(Sight)

For each quarter Max. 0.40%-Min. 0.20%

Minimum BDT. 1000/-

3 L/C Opening Commissions where

100% Cash margin received


4 L/C Opening Commission under

Deferred Payment /Usance L/C


Minimum BDT. 1000/-

*Note: Under no circumstances, Commission for Opening L/Cs shall be exceeded 2% per annum.



19

Foreign Remittance


1.A

Foreign Remittances:

Purchase of Foreign Bank

Drafts drawn abroad

Charge

a) @ 0.20 % per USD

b) @ 0.30 % per GBP

1.B Encashment of any Foreign TT

in Taka at our Counter


1.C Encashment Certificate Charge BDT. 300/-per instance

2 a) Opening / Renewal of

Student File for Education

Purpose

b) Remittance Fees

Charge

a) BDT. 4000/- per Student File

b) Other Charges as per Schedule of Charges.

3. Issuance of F.C. Demand Draft

drawn on Bangladesh Bank

Charge BDT. 300/- or USD 5

4. Clearing of FC Drafts drawn

on Bangladesh Bank

Charge FREE

5. Disposal of Remitted Fund on

A/C of

Home Remittance

Charge FREE

6.A Collection (Inward)

For Collection of Clean Item

(Inward) from Local Bank

(Refund Warrant and FC

Cheque A/C)

Charge BDT. 250/- (Flat)

6.B Collection of Foreign Currency

Draft from Abroad

Charge At actual cost plus SWIFT Charge

Minimum BDT. 500/-



20


6.C Encashment of TC Charge

BDT. 300/- (flat)

+ SWIFT Charges (if any)

6.D Issuance of Cash (FC)

Endorsement in

Passport

Fee & Commission

Endorsement Fee = BDT. 200/- per instance

6.E Transactions by

Nominee/ Account

Holder in FC A/Cs

Charge

NO Charge

6.F Issuance of FC Drafts

Drawn on Foreign

Correspondents

Charge BDT. 500/- per instance + SWIFT Charge.

6.G Remittance by T.T.

(F.C) through Foreign

Correspondents

(Outgoing)

Charge BDT. 500/- per instance + SWIFT Charge

6.H Cancellation of Drafts

in Foreign Currencies

Charge At actual cost

Min. BDT. 500/- per instance + SWIFT Charge.

Micro, Cottage & SME Loan

1. Schedule of Charges (MCSME)

Sl. No Nature of Charges Amount

1. Loan Application Fee BDT. 200/-

2. CIB Charge At actual

3. Stamp Charges At actual

4. Early Settlement Fee 1% of outstanding balance (Except-Micro & Cottageloan)

5. Security Replacement Fee

(Including Guarantor)

At Actual

6. Overdue Interest 2.00 % p.a. on overdue amount for the number of days overdue.

7. Documentation Charges:

Registration, Govt. Duty & Charges

Security Documentation

At Actual



21

Syndication Loan

1. Schedule of Charges (Syndication Loan)

* Fees and Charges on Syndication Loan will be fixed up after having the discussion with

the Lead Arranger and other participating Banks.



22

BFTN, RTGS & BACH

1. Schedule of Charges (BFTN, RTGS & BACH):

Sl. No Nature of Charges Amount

1.A BEFTN Charges Free

1.B RTGS (Real Time Gross Settlement) Charge BDT. 100.00

Sl. No Nature of Services Nature of charges Amount

2.0. BACPS Charges

2.A. Clearing of cheque less than BDT. 50,000.00 Clearing charge Free

2.B. BDT. 50,000.00 Above but less than BDT. 5,00,000.00 Regular value BDT. 10.00

2.C. BDT. 5,00,000.00& above Regular value BDT. 25.00

2.D. BDT. 5,00,000.00& above High value (same day

clearing)

BDT. 60.00

2.E. All cheques G 2 P Free

2.F. All cheques P 2 G Free

Above charges are inclusive of VAT. The realized charges will be distributed in the following manner:

when-

Total charge BACH Presenting Bank VAT

BDT. 10.00 BDT. 8.00 BDT. 1.70 BDT. 0.30

BDT. 25.00 BDT. 20 BDT. 4.25 BDT. 0.75

BDT. 60.00 BDT. 50 BDT. 8.50 BDT. 1.50

Cards

1. Schedule of Charges (ATM Debit Card)

ATM Debit Card Annual Fee

(BDT.)

Alteration Fee (BDT.)

Card Pin Number

General ATM Card 500/= 300/=

General ATM Supplementary Card 300/= 300/=



23

2. Schedule of Charges (VISA Debit Card)

Per Transaction Charge

Money Withdrawal Fee @ Modhumoti ATM Network Free

POS Transaction @ VISA Network (Bangladesh/Abroad) Free

Money Withdrawal Fee @ Bangladesh Q-CASH ATM Network BDT. 10/= *

Money Withdrawal Fee @Except Bangladesh Q-CASH ATM Network BDT. 15/=

Money Withdrawal Fee @VISA ATM Network In Abroad USD 2.5 or 1% of Withdrawal Amount**

Account Inquiry/Statement @ Except Bangladesh Q-CASH ATM Network BDT. 5/=

Money Withdrawal Fee @ Bangladeshi VISA ATM Network BDT. 50/=*

Account Inquiry/Statement @ Bangladeshi VISA ATM Network Free

*(Extra) 15% VAT Applicable** Which one is higher

VIP ATM Card 500/= 400/=

VIP ATM Supplementary Card 300/= 400/=

Salary Savings ATM Card 500/= 300/=

Salary Savings ATM Supplementary Card 300/= 300/=

Modhumoti Bank Staff ATM Card

Free Modhumoti Bank Staff ATM Supplementary Card

Freedom Fighter ATM Card

Freedom Fighter ATM Supplementary Card

School Banking ATM Card

Free

200/= 100/=

Priority ATM Card 800/= 500/=

Priority ATM Supplementary Card 500/=

*(Extra) 15% VAT Applicable

VISA Debit Card Annual/

Cancelation Fee (BDT.)

Alteration Fee (BDT.)

Mobile Service Charge (BDT.)

Card Pin

Modhumoti Bank Staff Debit Card

Free

200/= 100/=

Free Modhumoti Bank Staff Debit Supplementary Card 200/= 100/=

Freedom Fighter Debit Card 200/= 100/=

Freedom Fighter Debit Supplementary Card 200/= 100/=

General Debit Card 500/= 300/=

100/=

General Debit Supplementary Card 300/= 300/=

Salary Savings Debit Card 500/= 300/=

Salary Savings Debit Supplementary Card 300/= 300/=

VIP Debit Card 500/= 400/=

VIP Debit Supplementary Card 300/= 400/=

Priority Debit Primary Card 500/= 400/=

Priority Debit Supplementary Card 300/= 400/=

*(Extra) 15% VAT Applicable

Annual fee of VISA Debit Card will be attributed during time of issuing.



24

3. Schedule of Charges (VISA Credit Card)

Particulars Fee & Charge (BDT. )

Classic Card Gold Card Platinum Card

Annual Fee BDT. 750 BDT. 1500 BDT. 5000

Supplementary Card Free

Supplementary Card ( From 2nd) 50% of Annual Fee

Card Change BDT. 400 BDT. 600 BDT. 800

Pin Number Change BDT. 300 BDT. 500 BDT. 500

Highest Amount of Money Withdrawal-ATM 20% 30% 50%

Highest Amount of Money Withdrawal-Bank POS 50% 50% 70%

Monthly Interest Rate 2.25%

Late Fee BDT. 500 or $10 BDT. 750 or $15

Limit Cross Fee BDT. 500 or $10 BDT. 750 or $15 BDT. 1000 or $20

Cheque Return Fee BDT. 500 or $10 BDT. 750 or $15

Statement Withdrawal Fee BDT. 50 or $5 BDT. 100 or $10

Sale Slip Withdrawal Fee BDT. 250 or $10 BDT. 500 or $15

Outside Cheque Collection Fee BDT. 200 or $10 BDT. 250 or $15

Limit of Card Cheque 90%(for every card)

1st Card Cheque Book Free

Card Cheque Book (From 2nd) BDT. 150 BDT. 200

Card Cheque Processing Fee 1% or BDT. 100 (which is higher)

Money Withdrawal Fee- ATM BDT. 150 or 3%(Which is higher)

but Modhumoti ATM Free

Foreign Currency Withdrawal Fee-ATM $2 or 3% (which is higher)

Bank POS Fee BDT. 100 or 1.5% (which is higher)

Bank POS Fee Foreign Currency $2 or 3% (which is higher)

Certificate Fee BDT. 300 BDT. 500

Minimum Money Payment Limit 5% or BDT. 500 or $15 ( which is higher)

SMS Alert Service/ Annual BDT. 100

CIB Fee BDT. 100

Credit Shield Advantage 0.35% of Balance

VAT 15% Applicable for every transaction.



25

Agent Banking

1. Schedule of Charges (Agent Banking)

Charges/fees/commission regarding Agent Banking operations will be applicable as per

circulars/instructions circulated by the Agent Banking Division.