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Schedule of Fees

the following is in effect as of April 2018

1. LOAN COMMITMENT FEE RATES
Short-Term Facilities
     a) Co-Pack
     b) Apparel Sector Facilities
     c) ICT “YES” (short term)
     d) JMEA/EXBED
     e) Export Credit Facility (ECF)
     f) Insurance Policy Discounting Facility(IPDF)
     g)Pre-Shipment Facility
2% of the Loan Amount

 

Medium-Term Facilities
     a)  (i) SME Growth Initiative  (SME) Direct 
     b) (ii) SME Growth Initiative (SME) AFI    
     c) MFE/ Medium Term loans    
     d) General Trade Line
2% of the Loan Amount

 

SMTE Commitment Fee 1.25% of the Loan Amount
   
2. PROCESSING FEES   
Short-Term Facilities
     • JEA/JMA/EXBED   
     • Apparel Sector Facility
     • Co-Pack Facility
     • Pre-Shipment Facility      J$12,000.00
     • Export Credit Facility (ECF)        
     • Bankers’ Export Credit Facility (BECF pre and post) 
     • Insurance Policy Discounting (IPDF)
J$12,000.00

 

Medium-Term Facilities
     • MFE/Medium Term Loans
     • SME Growth Initiative (SME) Direct    
     • SME Growth Initiative (SME) AFI                    
     • General Trade Line (Medium Term)
J$12,000.00

 

   
3. AUDIT CONFIRMATIONS
     a) Routine audit confirmations
     b) Non-routine account balance
     c) Confirmations for more than 1 year

$5,000.00
$10,000.00 (minimum)
$10,000.00 (minimum)
   
4. BILLS FOR COLLECTION 0.375% of the Bill
   
5. STAND-BY LETTERS OF CREDIT/GUARANTEES
     a) Set Up Fees
     b) Renewal Fees     

0.5% of the transaction amount
0.5% of the transaction amount
(for each renewal)

   
6. SERVICE CHARGE
Lines of Credit       
Line of Credit Transactions

Credit Checks 


US$75.00 per transaction
Pre-paid interest of 1% per annum prorated
for the time period of the loan.
J$2,500.00
   
7. APPLICATION FEE J$7,500.00

Please note the following:
1) All percentages for loan commitment fees are based on the amount loaned.
2) Processing fees are payable for each disbursement.
3) Clients will be billed separately for all costs incurred by EXIM for Credit/bank reports & legal fees.
4) All fees attract GCT of 16.5% per transaction.