Letters Of Credit and Collection Fees

All fees/service charges are subject to OB

Please find below a listing of our fees and service charges for personal accounts, business accounts, and in-branch transactions. Please note that these fees may impact your account(s).

Tax (OB) is applicable to Resident Accounts.
All fees listed below include o.b.

As a special reminder, please note that many of our Bank transactions are offered free of charge or at a lower fee via our MCB Online Banking and MCB Mobile Banking Services, Bankomatiko (ATM’s) and Pagomatiko terminals.

For further questions and inquiries, please contact us at (+599 9) 466 1111 or mail us at c[email protected].

Import Letter of Credit	Charges	Export Letter of Credit	Charges
Payment Commission (90 days validity)	1% with a minimum of NAf 30.00 + OB	Advising Commission	¼% of the amount with a maximum of NAf 500.00 + OB
Payment Commission (after the first 90 days)	¼% extra for each period of 30 days + OB	Payment Commission for MCB Customers	⅙% with a minimum of NAf 30.00 + OB
Amendment	NAf 45.00 + OB (per amendment)	Payment Commission for non-MCB Customers	¼% with a minimum of NAf 30.00 + OB
Extension (for each period of 30 days)	¼% with a minimum of NAf 30.00 + OB	Standby Letter of Credit	Charges
Cancellation Fee for unused Letter of Credit	⅜% of the amount with a minimum of NAf 30.00 + OB	Standby Commission	2% per year + OB
Swift Charges for each new Letter of Credit	NAf 30.00 + OB	Delivery order	NAf 15.90

Collection - Incoming	Charges	Collection - Outgoing	Charges
Incoming documentary (paid by the customer)	⅝% of the value with a minimum of NAf 15.00 + OB	Documents	1% of value + OB
Incoming documentary (paid by the drawer)	1% of the value with a minimum of NAf 18.00 + OB	Checks up to and including US$ 500.00	½% with a minimum of US$ 5.00 + OB
Swift charges	NAf 22.77	Checks US$ 501.00 up to and including US$ 1,000.00	½% with a minimum of US$ 10.00 + OB
TT Commission	⅛% of the value with a minimum of NAf 15.00 and a maximum of NAf 447.50 + OB	Checks US$ 1,001.00 up to and including US$ 10,000.00	¼% with a minimum of US$ 15.00 + OB
Returned documents	⅜% of the value + OB	Checks US$ 10,001.00 up to and including US$ 50,000.00	⅛% with a minimum of US$ 50.00 + OB
Checks	1% of the value with a minimum of NAf 15.00 and a maximum of NAf 447.50 + OB	Checks ≥ US$ 50,001.00	⅛% with a minimum of US$ 75.00 and a maximum of US$ 200.00 + OB
Returned Foreign Checks	US$ 22.50 + OB (per check)

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