LETTER OF CREDIT

Fees and commissions for the issuing LC

To issue an LC

0.2%

/min. USD 150.0, max USD 350.0/

To examine LC documentation and to make the payment

USD 50.0

Additional services (fees deducted based on the customer’s request)

To increase the amount of LC (calculated from increased amount)

0.2%

/min. USD 50.0, max. USD 150.0/

To amend LC’s terms and conditions

USD 50.0

To cancel a LC

USD 50.0

For each set of non-compliant documentation

USD 50.0

To dispatch documents by post

According to DHL rates

The risk commission will be charged additionally for issuance of uncovered LC.

 According to contract: (LC in foreign currency - min. USD 150.0)

 According to contract: (LC in domestic currency – min. MNT 150,000.0 )

Any other banking fees and commissions related to the LC shall be borne by the LC applicant.

For the confirmed LC, foreign bank’s fees and commissions will be added.

Fees and commissions for the receiving and advising LC

To advise issued LC

USD 30.0

To examine LC documentation and make the payment

0.15%

/min. USD 75.0, max. USD 350.0/

Additional services (fees deducted based on the customer’s request)

To advise amendments of a LC

USD 10.0

To advise cancellation of a LC

USD 25.0

Risk commission of confirming LC issued by other banks

Set by the Credit Committee

(min.USD150.0)

To dispatch documentation by post

According to DHL rates