STATE BANK OF INDIA

REMITTANCE / TRANSFER CHARGES & RATE OF INTEREST ON DEPOSITS

AS ON 01.03.2015

CORPORATE REMITTANCE CHARGES (OVERSEAS)

NORMAL / MINIMUM / MAXIMUM
0.1 % OF AMOUNT + SWIFT CHARGES 20 / USD 12 + SWIFT CHARGES USD 20 = USD 32 / USD 62 + SWIFT CHARGES USD 20 = USD 82

CORPORATE REMITTANCE CHARGES (INLAND)

CURRENCY / WITHIN SHANGHAI / OUTSIDE SHANGHAI
NORMAL / MINIMUM / MAXIMUM / NORMAL / MINIMUM / MAXIMUM
FOREX / FIXED CHARGES : USD 30 / 0.1 % OF AMOUNT + SWIFT CHARGES USD 15 / 0.1 % OF AMOUNT MIN USD 12 + USD 15 SWIFT CHARGES = USD 27 / USD 62 + USD 15 SWIFT CHARGES = USD 77
RMB / 1.22 RMB EACH TRANSACTION / UPTO 10000 RMB > 5 RMB
RMB 10001 TO RMB 100000 > 10 RMB
RMB 100001 TO RMB 500000 > 15 RMB
RMB 500001 TO RMB 1000000 > 20 RMB
ANOVE 1 MILLION 0.002 % + 0.5 RMB MAXIMUM RMB 200
FOR URGENT CASES > ADDITIONAL 30 % OF THE COMMISSION AMOUNT

INDIVIDUAL REMITTANCE CHARGES (OVERSEAS) (WEF 1st May 2015)

If customers bring :
RMB (either Cash / or by Transfer)
USD by transfer from other Banks / If customers bring :
USD (cash)
Upto 2500 USD / USD 25 / USD 25
Above USD 2500 / USD 25 + 0.1 % of the amount exceeding USD 2500 (Max USD 82) / USD 25 + 1.1 % of the amount exceeding USD 2500 (Max USD 82)

FOR RMB PREMIER CUSTOMERS’ CLUB :

Fixed Deposit threshold / Minimum Charge during the currency of the Deposit / Minimum Balance in RMB SB Account / Minimum Charge based on last month’s balance
RMB 100,000/- and above up-to RMB 199,999/- / USD 10 only / RMB 100,000/- and above up-to RMB 199,999/- / USD 10 only
Fixed Deposit of RMB 200,000/- and above / USD 5 only / RMB 200,000/ / USD 5 only

INDIVIDUAL REMITTANCE CHARGES (INLAND)

CURRENCY / WITHIN SHANGHAI / OUTSIDE SHANGHAI
NORMAL / MINIMUM / MAXIMUM / NORMAL / MINIMUM / MAXIMUM
FOREX / FIXED CHARGES : USD 30 / 0.1 % OF AMOUNT + SWIFT CHARGES USD 15 / 0.1 % OF AMOUNT MIN USD 12 + USD 15 SWIFT CHARGES = USD 27 / MAXIMUM : USD 62 + USD 15 SWIFT CHARGES = USD 77
RMB
. / 1.22 RMB EACH TRANSACTION / UPTO 10000 RMB > 5.5 RMB
RMB 10001 TO RMB 100000 > 10.5 RMB
RMB 100001 TO RMB 500000 > 15.5 RMB
RMB 500001 TO RMB 1000000 > 20.5 RMB
ANOVE 1 MILLION 0.002 % + 0.5 RMB MAXIMUM RMB 200
FOR URGENT CASES > ADDITIONAL 30 % OF THE COMMISSION AMOUNT

CORPORATE INWARDS CHARGES

STANDARD CHARGES USD 7 / PER TRANSACTION

RATE OF INTEREST (Forex)

Our rate of interest w.e.f 19st JUN,2013 is as follows:

Period / USD
Current / 0.25
7 days call / 0.25
One month / 0.30
Three month / 0.75
Six month / 1.25
One year / 1.50

NB: This rate is applicable for deposit of less USD 3.00 Mio or its equivalent. However, interest rate on any single deposit of USD 3.00 Mio and above is negotiable.

*Wef 30.11.2010

RATE OF INTEREST (RMB)

As per PBOC Rate (currently as under, w.e.f.1st Mar2015)

Period / Rate of Interest
Saving / 0.35
Up-to 3 Months (including 3 months) / 2.45
Up-to 6 Months (including 6 months) / 2.65
Up-to 1 Year (including 1 Year) / 2.85
Up-to 2 Years (including 2 Years) / 3.45
Up-to 3 Years (including 3 Years) / 4.00

1day call : 0.81

7day call:1.35

Neogotiable: 1.17