PRODUBANCO - Grupo Promerica
CORRESPONDENT BANKS


TERMS AND CONDITIONS FOR CORRESPONDENT BANKS)
EXPORT LETTERS OF CREDIT FEES  

ADVISE (Not Confirmed L/C)

USD 250.00

ADVISE (Confirmed L/C)

USD 100.00

CONFIRMATION

1/4% quarterly or part thereof.

 

Minimum USD 200.00

AMENDMENTS

 

Value or maturity

1/4% quarterly or part thereof.

 

Minimum USD 200.00

Other concepts

USD 150.00

LETTER OF CREDIT NOT USED

USD 200.00

 Payment                           

1/4% flat, minimum USD 200.00

Acceptance and Deferred payment              

2% p.a., minimum USD 200.00

TRANSFER OF LETTER OF CREDIT

1/4% flat, minimum USD 200.00

DISCREPANCIES FEE

USD 75.00

COLLECTIONS FEE

1/4% flat minimum USD 150.00

GUARANTEES FEE

 

-Confirmation

2.0% p.a. minimum USD 200.00

-Advise

USD 100.00

-Advise with no confirmation

USD 250.00

-Payment                                                                         

1/4%  flat minimum USD 200.00

- Credit Facilities granted by Produbanco (Administration and Control)             

minimum USD 500 per year

EXPORT LETTERS OF CREDIT

 

SUCRE SYSTEM

 

Expenses by payer (importer):

 

ADVISE FEE (not confirmed L/C)

USD 300.00

ADVISE FEE (Confirmed L/C)

USD 100.00

CONFIRMATION FEE

O.75% quarterly or part thereof

NEGOCIATION FEE

0.50% flat

 
GENERAL INFORMATION
These prices are applied to normal transactions. Special transactions, by previous agreement will be treated case by case. All documentary credit transactions are ruled by the uniform practices for documentary credits established in the Publication 600 Revision 2007 C.C.I.
* This terms and conditions could be changed without previous advice.

PRODUBANCO
Casa Matriz / Head Office
P.O. Box 17-03-38A SWIFT PRODECEQ / Internet: www.produbanco.com
Quito, Ecuador

CONTACTOS
DIVISIÓN INTERNACIONAL / INTERNATIONAL DIVISION:

María Isabel Rodríguez

e-mail:  rodriguezm@produbanco.com

Telf.: (593-2) 2999000 (Ext. 2638)

Yolanda Vargas

e-mail:  vargasy@produbanco.com

Telf.: (593-2) 2999000 (Ext. 2637)

COMERCIO EXTERIOR / FOREIGN TRADE:          

Noemí Román

e-mail: romann@produbanco.com

Telf.: (593-2) 2999000 Quito

Angel Vásquez

e-mail: vasqueza@produbanco.com

Telf.: (593-4) 2534170 Guayaquil