Compare Sight & Usance L/C opening commission, SWIFT/courier fees, and Bid Bond, Performance & Advance Payment Guarantee commissions to compute the true all-in trade finance cost, including cash margin opportunity cost.
Compare opening commission, usance markup, SWIFT/courier fees, and BG commission across 10 banks to compute the true all-in trade finance cost.
2.42% of L/C value (effective cost rate)
Based on your risk profile, the bank holds BDT 300,000 as cash margin — unavailable for other investment during the L/C tenor.
Opening commission, usance markup, and performance guarantee commission rates across 10 scheduled banks.
| Bank | L/C Opening Commission/Qtr | Usance Markup (p.a.) | Performance Guarantee/Qtr | SWIFT Charge |
|---|---|---|---|---|
Sonali Bank PLC | 0.50% | 9.50% | 0.45% | ৳800 |
Agrani Bank PLC | 0.50% | 9.75% | 0.45% | ৳850 |
Islami Bank Bangladesh PLC Shariah-Compliant | 0.45% | 10.00% | 0.50% | ৳900 |
Dutch-Bangla Bank PLC | 0.50% | 11.00% | 0.55% | ৳1,000 |
BRAC Bank PLC | 0.55% | 11.50% | 0.55% | ৳1,000 |
Eastern Bank PLC (EBL) | 0.50% | 10.50% | 0.50% | ৳950 |
The City Bank PLC | 0.55% | 11.25% | 0.55% | ৳1,000 |
Standard Chartered Bank Bangladesh | 0.60% | 8.75% | 0.60% | ৳1,200 |
Prime Bank PLC | 0.50% | 10.25% | 0.50% | ৳900 |
Mutual Trust Bank PLC | 0.50% | 10.50% | 0.50% | ৳850 |
Authoritative briefings on GFET 2018 and ICC UCP 600 / URDG 758 practices
How Letters of Credit work in international trade, the key differences between Sight and Usance L/Cs, and a primer on the ICC UCP 600 rulebook governing documentary credits.
A breakdown of the four core bank guarantee types used across the tender-to-execution lifecycle, their purpose, and typical commission structures.
How cash margin requirements range from 10% to 100% depending on customer risk category, and the true opportunity cost of capital locked up as margin.
How Back-to-Back L/Cs let RMG exporters import raw materials against a confirmed export order, and why this instrument underpins Bangladesh's garments industry.
Line-by-line breakdown of every fee and commission banks charge from L/C opening through negotiation, plus the impact of 15% VAT on banking service charges.
A decision framework for when to use a Letter of Credit versus a Bank Guarantee, based on the nature of the underlying transaction.
Guidance based on GFET 2018 & ICC UCP 600 / URDG 758