Fee Standard

Standard Fees & Commissions – Valid as of November 11, 2014

Part I: Government-Guided Price (or Government-Fixed Price)

No. Charging items Standard Fees Charging Basis
1

RMB Outward Remittances-Individual

Outward amount ≤ 2k

2k < Outward amount ≤ 5k

5k < Outward amount ≤ 10k

10k < Outward amount ≤ 50k

50k < Outward amount

  

RMB2

RMB5

RMB10

RMB15

0.03% of Outward amount, but maximum RMB50

Notice on Issuing the Catalogue of Government-Guided Pricing and Government-Fixed Pricing for Services Provided by Commercial Banks

 (NDRC [2014] No.268)

2

RMB Outward Remittances-Corporate

Outward amount ≤ 10k

10k < Outward amount ≤ 100k

100k < Outward amount ≤ 500k

500k < Outward amount ≤ 1m

1m < Outward amount

 

RMB5

RMB10

RMB15

RMB20

0.002% of Outward amount, but maximum RMB200

  


Part II: Market-adjusted Price

No. Charging items Standard Fees Charging Basis
1 Open of Account Free

Circular on Fee Exemption by Banking and Financial Institutions for Certain Services

(Yin Jian Fa [2011] No.22)

2 Closure of Account Free
3 RMB Inward Remittances Free Based on internal cost and market pricing
4 FX Inward Remittances Free
5 FX Outward Remittances RMB150 or FX equivalent
6 Account Service Fee RMB1000 per annum (applicable to accounts with assets below RMB1m)
7 Historical Record Charges

RMB100 per statement/advice for current year

RMB200 per statement/advice for prior year

8 Audit Confirmation / Account Balance Confirmation letter RMB200
9 External Guarantee 2.5% of the principal or less
10 Entrusted Loan

1.5% of the principal or less

11 QDII Product

Subscription fee: 0% - 2.5%

Redemption fee: 0% - 2.5%

Maintenance fee: 0% - 1%

Fees and charges may vary depending on the individual product. Please refer to the term sheet of the particular product for details.

Remarks:

  • The above charges do not include out-of-pocket expenses, such as stamp duties, postage, cable charge, correspondent bank charges, if any.
  • Any transaction requiring special handling will be subject to extra charges commensurate with the amount of work involved.
  • This schedule is subject to change. In case of any change, we shall notify you of such change or make public announcement in accordance with PRC laws and regulations.
  • Should you have any further questions concerning either our fees or commissions, please contact your client advisor.
  • Customer complaint hotline: +8610-5832 7199.
    ­Working Hours: Mon-Fri: 9:00am-17:30pm
    To avoid disturbing you, any requests received from 17:30pm to 9:00am or on non-working days will be reverted on the next working day (from 9:00am to 17:30pm) as soon as we can.