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The Bank reserves the right to charge different rates on the basis of volume and security offered
subject to prior approval by concerned sanctioning authority.
Charges for cash collect will be subject to contractual agreement with the customer.
As per clarification given by the SBP Foreign Exchange Department 6734/ FEP.9 (126-242)-95
dated 19-12-95 it is advised that in the case of Letter of Credit or for that matter "Authorization to pay"
opened by the Department of the Federal or Provincial Governments whether routed through State
Bank of Pakistan or not Letters of Credit commission is to be charged at the rates given in Para 37
(ii) Chapter XIII of Foreign Exchange manual (8th Edition-2002). However for Letters of Credit
"Authorization to pay" opened by other public sector agencies in Federal / Provincial Government
including autonomous, semi autonomous bodies e.g., K.Electric, WAPDA, PTCL, etc., the
commission is to be charged from the openers by the banks as per their own schedule of charges.
Concession to UBL Staff is allowed as per policy and relevant circulars.
For Inter Branch Online transaction OBC charges would not apply.
Whenever swift message is sent, SWIFT/communication charges will be recovered from customer