Bills for Collection - Received from Overseas
■ For collection and payment 0.25% of AUD value, minimum $50.00 plus outlays
■ Dishonour of inward collection 0.25% of AUD value, minimum $50.00 plus outlays
■ Extension/representation of inward bill $50.00 plus outlays
■ Release of goods/undertaking $50.00
Bills for Collection – Sent Overseas
Cheques drawn on an overseas bank deposited to your account
■ Cheque deposited prior to payment by an overseas bank $7.00
■ Cheque drawn on an overseas bank sent for payment prior to deposit (overseas bank fee deducted from proceeds), 0.2% of AUD value minimum $50.00 plus outlays
■ Dishonour of cheque negotiated/sent overseas $35.00 plus other bank’s fee where applicable
■ Documentary collection 0.2% of AUD value, minimum $50.00 plus outlays
■ Dishonour of documentary collection 0.2% of AUD value, minimum $50.00 plus outlays
■ Extension/amendment of terms/amount $50.00 plus outlays
Documentary Letters of Credit
■ Establishment of a standard import Letter of Credit Charged for each 6 month period (fee includes transmission and document handling charges) 0.425% of AUD value, minimum $125.
■ Establishment of a complex import Letter of Credit 1% of AUD value, minimum $525 charged for each 6 month period (fee includes transmission and document handling charges).
A transferable Letter of Credit may attract additional fees when Bank of Queensland acts as transferring bank.
■ Establishment of a “Standard Cash Cover” import Letter of Credit minimum $225.00
Charged for each 6 month period (fee includes transmission and document handling charges).
■ Amendment to import Letter of Credit $65.00
(fee includes transmission and document handling charges)
(any amount increase may also attract an additional establishment fee).
■ Additional charge for back-to-back credit On application
■ Establishment of Stand-by Letter of Credit Up to 2% of AUD value, minimum $225.00
Charged for each 6 month period (fee includes transmission and document handling charges).
■ Export negotiation 0.2% of AUD value, minimum $100.00 plus outlays
■ Export Letter of Credit advised to non-customer $75.00
Drafts – Inward
In foreign currency
■ Payable at Bank of Queensland Free
■ Payable at another Australian financial institution $20.00 (plus other financial institution fee if applicable)
Drafts – Outward
■ In foreign currency $15.00
■ Advice of fate $10.00 (plus transmission cost if applicable)
■ Replacement of lost draft or stop payment with refund $30.00
■ Repurchase $20.00
Forward Exchange Contracts
■ Booking Fee $20.00
■ Delivery at another bank $50.00 plus outlays
■ Extension (subject to our approval) $20.00
■ Cancellation (subject to our approval) $25.00
Overseas Notes
Purchased by us: $5.00 per currency
Sold by us: 1% of AUD value, minimum $5.00 each currency
Telegraphic Transfers – Inward
For credit of an account with us.
(An additional fee may be deducted by other banks involved in the transfer.)
■ Received in Australian dollars $10.00
■ Received in foreign currency $10.00
Telegraphic Transfers – Outward
For credit of an account with another bank.
(An additional fee may be deducted by other banks involved in the transfer.)
■ In Australian dollars $30.00
■ In foreign currency $30.00
■ Recall of telegraphic transfer $25.00
■ Trace of telegraphic transfer $40.00
■ Rejected telegraphic transfer (repair) $25.00
Travellers Cheques
Issue 1% of AUD value minimum $10.00 each applicant for each currency
Negotiation (encashment) $7.00 each parcel