This edition of our terms and conditions, applicable to foreign banks, supersedes all previous issues.
I. Payments to the debit of EUR-accounts and payments for which cover will be remitted either in EUR or foreign currency |
|
EUR |
1. Payments |
|
|
a) to banks (domestic) |
free |
|
to banks (via TARGET) |
|
2,-- |
Payments in connection with Money Market or Foreign Exchange operations are subject to special agreement |
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|
b) to firms/individuals as well as to banks in Germany in favour of firms/individuals |
free |
|
Charges are for account of beneficiary. |
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|
lf, however, payment to the beneficiary is requested without deduction of charges, our commission per item will be:
|
EUR |
|
for amounts up to |
25,-- |
2,50 |
for amounts up to |
1.000,-- |
10,-- |
for amounts up to |
10.000,-- |
12,50 |
for amounts exceeding |
10.000,-- |
25,-- |
For payment orders via S.W.I.FT the S.WI.F.T..-rule will apply that in the absence of field 71 A in MT 103 charges are for account of beneficiary. Please note: SEPA-Payments (in Euro, only STP-Payments handed as share - from EU-countries, Switzerland, Norway, Iceland and Liechtenstein) are free of charge.
c) manual interventions for corrections and requests |
9,50 |
d) researches on demand of customers or banks |
35,-- |
Bank to Bank payments
|
|
e) Charges for OUR payments are accepted up to a maximum amount of EUR 30 or equivalent |
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2. Cheques drawn: |
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a) to the order of Banks |
free |
b) to the order of firms/individuals |
free |
Charges are for account of the beneficiary. lf, however, payment to the beneficiary is requested without deduction of charges, our commission will be:
|
EUR |
|
for amounts up to |
250,-- |
10,-- |
for amounts up to |
2.500,-- |
12,50 |
or amounts exceeding |
1,5 |
min. 25,00 per cheque |
3. Reimbursement on ourselves to the debit of the accounts of foreign banks, e.g. under documentary credits |
|
|
a) advising (without our engagement), for each advice |
1,0 |
min. 110,--max. 300,-- |
b) adding our confirmation |
|
|
charges on request, depending on the rating additional service charge for each confirmation |
|
75,-- |
c) for each payment |
|
125,-- |
4. Domiciliation with us of bills of exchange in EUR or foreign currency |
0,5 |
min. 50,-- |
II. Documentary Collections in EUR or foreign currency |
|
|
1. Against payment or acceptance |
1,5 |
min. 125,-- |
In case the acceptance is to be held with us for collection, the collection will be free of charges. |
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|
2. Amendment of collection instructions |
|
100,-- |
3. Goods forwarded to us or placed at our disposal:Additionally to the collection commission as under II. 1 |
1,5 |
min. 150,-- |
We do not take delivery of such goods, but release them when documents are taken up. |
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|
4. Delivery of documents free of payment |
|
|
a) following an amendment of a previous collection order |
1,5 |
min. 125,-- |
b) without previous collection order |
1,5 |
125,-- |
III. Presentation of drafts for acceptance, collection of clean acceptances, clean drafts and cheques |
|
|
1. Presentation for acceptance to non-bankersThis commission will not be charged if the bill of exchange remains with us for collection. |
1,5 |
min. 125,-- |
2. Collection of clean acceptances and drafts |
1,5 |
min. 125,-- |
3. Immediate credit (under usual reserves) of cheques in EUR drawn on banks in Germany |
free |
|
4. Immediate debit of our account with our correspondent - as and if agreed upon - of cheques in the currency of the aforementioned account drawn on us |
free |
|
5. Credit after collection of cheques in EUR or foreign currency drawn on other banks in Germany |
1,5 |
min. 25,-for each cheque |
(These charges will be debited to the foreign bank even in the event of instructions prescribing that the collection should be made free of charges). |
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|
IV. Returned items |
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|
1. Unpaid documents for collection, cheques, unprotested bills and other items for collection |
1,5 |
min. 125,-- |
2. Protested bills |
1,5 |
|
V. Documentary credits and guarantees in EUR or foreign currency |
|
|
1. Advising commission for documentary credits or guarantees |
1,0 |
min. 110,--max. 300,-- |
2. Preadvicing a documentary credit on the strength of cable / telex Messages |
|
125,-- |
3. Confirmation commission for documentary credits and guarantees confirmed by us: |
|
|
Charges on request, depending on the Rating |
|
|
Additional service charge for each confirmation |
|
125,-- |
- Additionally to the advising commission as under V,1 - |
|
|
4. Deferred payment commission from date of presentation of documents (credits confirmed by us) |
|
|
Charges on request, depending on the Rating |
|
|
5.Taking up of documents |
1,5 |
min. 110,-- |
lf, however, all charges are for opener's account |
3,0 |
min. 220,-- |
6. Amendment commission |
|
110,--per amendment |
7. Supervisory commission(deferred payment of credits not confirmed by us) |
1,0 |
min. 110,--max. 300,-- |
8. Discrepancy fee (for each set of documents presented with discrepancies) |
|
150,-- |
Vl. EUR accounts |
|
|
1. Maintenance |
free |
|
2. Statements |
free |
|
3. Credit interest rate |
nil |
|
4. Debit interest rate |
|
Marginal Lending Rate published by theEuropean Central Bank |
VII. Other charges |
Other charges on request. |
Postage, telephone and cable charges, messenger fees, out-of-pocket expenses as well as any other correspondents' charges are to be paid additionally. |