Fee Standard

Standard Fees & Commissions – Valid as of December 4, 2015

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.
  • ­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.