SME Bank

SME Bank Fees & Charges

 

Processing Fee

Fees & Charges Micro, Small and Medium Enterprises* Large Enterprise
Term and Revolving Financing
- Up to RM10 million Not applicable RM50,000
- RM10 million to RM20 million Not applicable RM75,000
- Above RM20 million Not applicable RM100,000

Facilty Fee for Contract Financing

Fees & Charges Micro, Small and Medium Enterprises* Large Enterprise
Facility Fee for Contract Financing 0.1% of financing amount

In-house Financing Documentation (Pre-printed)

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Facility Fee for Contract Financing RM1,000**

Amendment / Variation of Facility Term & Condition

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Amendment / Variation of Facility Term & Condition Not applicable RM500

Restructuring / Rescheduling of Facility

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Restructuring / Rescheduling of Facility Not applicable RM200

Redemption Letter / Statement

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Redemption Leter / Statement Not applicable RM100

Cancellation Fee

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Cancellation Fee Not applicable 0.25% of the facility limit upon cancellation of the Letter of Offer.

Letter of Disclaimer cum Redemption cum Undertaking (Letter of Undertaking) for Bridging Accounts

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Letter of Disclaimer cum Redemption cum Undertaking (Letter of Undertaking) for Bridging Accounts
- 1st issuance RM500
- Reissuance RM100

Letter of Support

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Letter of Support RM100 for each issuance (not applicable to Micro Enterprises)

Trading Fee (brokerage fee)

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Trading Fee (brokerage fee)
[Charged by Bursa Suq Al-Sila’ (BSAS)]
RM10 for RM1,000,000 or part thereof for every transaction.

Bank Guarantee Fee

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Bank Guarantee Fee
Issuance, renewal and amendments related to increase in amount and extension of expiry date / claim period
0.125% per month or minimum RM100 per issuance
Other amendments (Other than increase in amount and extension of expiry date / claim period) RM50 RM100

Trade Finance Related

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Trade Finance Related
Issuance of Letter of Credit (LC) 0.15% per month or minimum RM100
Handling Fee (Handling negotiation and payment of LC) RM100
LC amendment (Extension of validity period or incremental value) 0.15% per month or minimum RM100
Other amendments to LC RM100
Issuance of Shipping Guarantee 0.20% on invoice value
SWIFT charges (for foreign correspondences) RM100
Charges in lieu of FOREX (Administrative cost for monitoring the rate, phone, fax and etc.) RM100

Banking Operations

Fees & Charges Micro, Small and Medium Enterpirses* Large Enterprise
Banking Operations
Audit Confirmation (Account Statement)
RM50 RM100
Telegraphic Transfer
       - RENTAS Fee Inward: Nil
Outward: RM10
       - Interbank Giro (IBG) for amount below than RM10,000 RM2
Stamp Duty RM10 per stamping (as per Stamp Duty Act)

*Not applicable for Micro & SMEs categories under National SME Development Council (NSDC).
**Fee is exclusive of Stamp Duty
All the above Fees & Charges are exclusive of 6% Goods & Services Tax (GST).

 

Illustration on Ta’widh (compensation) for Sale-Based Financing