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Guarantees

Guarantees Issuance *
Fixed expiry guarantee

Minimum charge

Open ended guarantees

Minimum charge		 1.875% per annum (minimum commission of 3 months)

BHD 30

2.5% per annum (minimum commission of 3 months)

BHD 30
Guarantee amendments and other expenses
Guarantee amendments BHD 20 plus as above for increase in guarantee value or extension of period
Other charges
Courier fee

SWIFT message

Fax

Charges for advising correspondent bank guarantees

Handling charges for claims made on behalf of our customers, on other banks

Correspondent bank charges, where applicable		 BHD 20

BHD 10 per page

BHD 5 per page

BHD 10


BHD 50



Will be recovered as per actual

* Guarantees will be issued within 24 hours from the receipt of application. If guarantees are required on an urgent basis they could be processed subject to an additional fee of BD 10 per guarantee.

Notes:
1) Commission for enhancement of value or extension of a guarantee's validity will be charged on the same basis as the issuance of the original guarantee.
2) Postage, Telex, Stamp Duty and Advising Bank charges, if any, will be for the customer's account.

Effective January 2009

HSBC Bank Middle East Limited. Regulated by the Jersey Financial Services Commission © 2011