Fee Standard
Standard Fees & Commissions – Valid from Sep 1, 2023
Part I: Government-Guided Price (or Government-Fixed Price)
No. | No. | Charging/ Service Items | Charging/ Service Items | Standard Fees | Standard Fees | Charging Basis | Charging Basis |
|---|---|---|---|---|---|---|---|
No. | 1 | Charging/ Service Items | Inter-bank RMB Outward Remittances-Individual* | Standard Fees |
| Charging Basis | Notice on Issuing the Catalogue of Government-Guided Pricing and Government-Fixed Pricing for Services Provided by Commercial Banks |
No. |
| Charging/ Service Items | Outward amount ≤ 2k | Standard Fees | RMB2 | Charging Basis |
|
No. |
| Charging/ Service Items | 2k < Outward amount ≤ 5k | Standard Fees | RMB5 | Charging Basis |
|
No. |
| Charging/ Service Items | 5k < Outward amount ≤ 10k | Standard Fees | RMB10 | Charging Basis |
|
No. |
| Charging/ Service Items | 10k < Outward amount ≤ 50k | Standard Fees | RMB15 | Charging Basis |
|
No. |
| Charging/ Service Items | 50k < Outward amount | Standard Fees | 0.03% of Outward amount, but | Charging Basis |
|
No. | 2 | Charging/ Service Items | Inter-bank RMB Outward Remittances-Corporate* | Standard Fees |
| Charging Basis |
|
No. |
| Charging/ Service Items | Outward amount ≤ 10k | Standard Fees | RMB5 | Charging Basis |
|
No. |
| Charging/ Service Items | 10k < Outward amount ≤ 100k | Standard Fees | RMB10 | Charging Basis |
|
No. |
| Charging/ Service Items | 100k < Outward amount ≤ 500k | Standard Fees | RMB15 | Charging Basis |
|
No. |
| Charging/ Service Items | 500k < Outward amount ≤ 1m | Standard Fees | RMB20 | Charging Basis |
|
No. |
| Charging/ Service Items | 1m < Outward amount | Standard Fees | 0.002% of Outward amount, but | Charging Basis |
|
Part II: Market-adjusted Price
No. | No. | Charging/ Service Items | Charging/ Service Items | Standard Fees | Standard Fees | Charging Basis | Charging Basis |
|---|---|---|---|---|---|---|---|
No. | 1 | Charging/ Service Items | Open of Account | Standard Fees | Free | Charging Basis | Circular on Fee Exemption by Banking and Financial Institutions for Certain Services |
No. | 2 | Charging/ Service Items | Closure of Account | Standard Fees | Free | Charging Basis | Circular on Fee Exemption by Banking and Financial Institutions for Certain Services |
No. | 3 | Charging/ Service Items | RMB Cash Deposit | Standard Fees | Free | Charging Basis | Based on internal cost and market pricing |
No. | 4 | Charging/ Service Items | RMB Cash Withdrawal | Standard Fees | Free | Charging Basis | Based on internal cost and market pricing |
No. | 5 | Charging/ Service Items | RMB Inward Remittances | Standard Fees | Free | Charging Basis | Based on internal cost and market pricing |
No. | 6 | Charging/ Service Items | FX Inward Remittances | Standard Fees | Free | Charging Basis | Based on internal cost and market pricing |
No. | 7 | Charging/ Service Items | FX Outward Remittances | Standard Fees | RMB150 or FX equivalent | Charging Basis | Based on internal cost and market pricing |
No. | 8 | Charging/ Service Items | Historical Record Charges* | Standard Fees | RMB200 per statement/advice over 12 months above | Charging Basis | Based on internal cost and market pricing |
No. | 9 | Charging/ Service Items | Audit Confirmation / Account Balance | Standard Fees | RMB200 | Charging Basis | Based on internal cost and market pricing |
No. | 10 | Charging/ Service Items | QDII Product | Standard Fees | Subscription fee: 0% - 2.5% | Charging Basis | Fees and charges may vary depending on the individual product. Please refer to the term sheet of the particular product for details. |
No. | 11 | Charging/ Service Items | Family Trust General Advisory Fee | Standard Fees | One-off fee of RMB 100,000 charged on each new family trust plan created (subject to final agreement) | Charging Basis | Based on market pricing |
Remarks:
* The full waiver campaign on RMB Outward Remittance (both Individual and Corporate accounts) and Account Balance Confirmation Letter Charges will be effective from 1 Sep 2023 to 30 Sep 2024.
** Starting from Jun 1st 2023 till further announce, individual client’s interbank RMB remittance fee could be waived upon application if such remittance is due to client’s cash withdraw needs.
*** The discount on RMB remittance fees for small and micro enterprises and individual industrial and commercial households will be from September 30, 2021 to June 30, 2024. After that, if the promotion ends, the Bank will notify the customer in writing for three months in advance. For the definition of “small and micro enterprises and individual industrial, please refer to “Notice of the categorization of median and small enterprises” issued by MIIT(MIIT[2011]No.300), and commercial household refer to those registered in supervision department of market.
If the client meets more than one preferential fee charge schemes at the same time, the most preferential charge will be applied to the client.
- The above charges is designed by UBS China Limited ("UBSCL" or "the Bank")which is applied to the products and services provided by UBSCL
- The above charges do not include the government, regulator or other service institutions (eg. Investment fund company, insurance company etc.) but includes those out-of-pocket expenses, such as stamp duties, postage, cable charge, correspondent bank charges, if any. Relevant tax or fee should be paid according to the government or regulator or the relevant service institutions' fee table
- If client requests the Bank to provide the service out of the charge items above and the requested service is fulfill the PRC law and regulation's requirement and within our service scope, the Bank may charge such special handling fee subject to the amount of work involved as negotiated.
- This schedule may change according to the PRC laws and regulations or the Bank's actual situation includes but not limited to the incremental, reduction, cancellation, change of fee items or fee amount. In case of any change, we shall notify you or make public announcement in accordance with PRC laws and regulations.
- This schedule is applicable for all branches (sub-branches), while the services provided may differ among locations. Should you have any further questions concerning either our fees or commissions, please contact your client advisor.
- Customer complaint hotline: 4008106299
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.
