INDUSTRIAL AND COMMERCIAL BANK OF CHINA (MALAYSIA) BERHAD FEES AND CHARGES

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1 INDUSTRIAL AND COMMERCIAL BANK OF CHINA (MALAYSIA) BERHAD FEES AND CHARGES OCTOBER 2010

2 BANKING SERVICES RATE PER ITEM CURRENT ACCOUNT:. Half yearly service charge - All accounts with average daily balance less than. RM10.00 RM1, during the half year. Closure of Account - Within 3 months of account opening. RM After 3 months of account opening. RM Dishonoured Cheque due to: - Insufficient funds and effect not cleared. RM Stop Payment Instruction. RM10.00 per instruction. Stop payment cheque presented with insufficient funds. RM Statement of Accounts - Monthly. Free - Weekly. RM3.00 per week - Daily. RM50.00 per month - Duplicate Statements. Within 1 year : RM2.00 per month. > 1 year : RM5.00 per month. Photocopy of Cheques/Pay-in-slips/Advices. RM1.00 per copy. Request for photocopy of cheque images. RM1.00 per copy plus actual cost charged by collecting bank. Cheque Book - Stamp Duty. RM0.15 per leaf - Courier charges on cheque book issued. RM10.00 (within Peninsular) RM15.00 (Sabah, Sarawak) - Uncollected cheque books. RM5.00 per cheque book destroyed. Postage on Returned Cheque. RM Stamping of Mandate Form. RM10.00 (stamp duty) SAVINGS ACCOUNT:. Replacement of Savings Passbook due to - lost of passbook. Service charge : RM Stamp duty : RM poor handling. Service charge : RM Closure of Account (within 3 months of account opening). RM20.00 DORMANT ACCOUNT (CURRENT & SAVINGS ACCOUNT):. With balance more than RM Annual service fee of RM With balance less than RM Account will be closed and the credit balance is to be absorbed as service charge FIXED DEPOSITS:. Lost of confirmation slip. Service charge : RM Stamp duty : RM

3 BANKING SERVICES RATE PER ITEM REMITTANCES :. Outward Telegraphic Transfer - RM5,000 & below or equivalent. RM2.00 plus cable charges of RM Above RM5,000 or equivalent. Cable charges of RM Cable charges for amendment/cancellation/enquiry. RM Inward Telegraphic Transfer - Payment in local currency at current buying rate. RM Cancellation of payment before any action taken by ICBC - Cancellation of payment after ICBC advise remitting bank regarding payment details. USD15.00 or its equivalent per item deducted from the proceeds received. USD30.00 or its equivalent per item deducted from the proceeds received excluding loss in foreign exchange - Enquiry (SWIFT) sent out to Remitting bank. RM30.00 per item deducted from the proceeds. Foreign Currency Account - Outward TT. RM15.00 in lieu of exchange. Cable charge : RM RM2.00 for amount less than RM5, Inward TT. RM15.00 in lieu of exchange - Outward Demand Draft. RM15.00 in lieu of exchange RM2.00 for amount less than RM5, Interbank Transfer (RENTAS) - Inward. Free - Outward. RM4.00. Cashier s Order - For all types of applications except MIDF/MIH new share issue. RM5.00 commission & RM0.15 stamp duty - For MIDF/MIH new share issue application. RM0.15 stamp duty - Cashier s Order reported lost. RM10.00 service charge. RM10.00 stamp duty - Replacing of Cashier s Order. RM5.00 commission & RM0.15 stamp duty - Cancellation/Repurchase of Cashier s Order. RM5.00 service charge. Outward Demand Draft - Commission : Equivalent to RM5,000 and below. RM2.00 : Above RM5,000 or equivalent. Free - Cable charges. RM Demand Draft reported lost/reissuance. Service charge : RM Stamp duty : RM Cable charges : RM Agent charges (if any) - Request to replace/ refund. Service charge : RM10.00 per draft. Cable charges (if any) 3

4 BANKING SERVICES RATE PER ITEM. Inward Demand Draft - Encashment of demand draft over the counter. RM5.00. Foreign Outward Collection (FOC) - Clean - Cheques and bank drafts in Foreign Currency Commission of 0.1%; subject to. min. of RM5.00 and max. of RM plus postage/stamp duty of RM2.15 FUNDS TRANSFER:. Instruction to pay/ credit own account within the Bank. Free. Instruction to pay/ credit third party account within the. RM2.00 Bank PAYROLL:. Salary payment to company s staff account within the Bank. RM5.00 per employee AD HOC SERVICES:. Audit confirmation. RM Letter of Reference - In respect of Banker s opinion on the financial. RM20.00 per letter capability on the financial capability of the customer to support his child s education overseas - As reference for customer s application for a travel visa. RM20.00 per letter - As reference for customer s application of contract work or tender. RM20.00 per letter CHANGING OF COINS/ COINS DEPOSITS. Changing of Coins - For loose coins of RM100 and below. Free - Per bag (same denomination). RM8 per bag. Coins Deposits - Business Accounts. First 1,000 pcs : Free. Next 1,000 pcs or part thereof : RM10 per 1,000 pcs 4

5 IMPORT COLLECTIONS Document Handling. Collection Commission. Bill amount x 0.10% (min.rm50.00 max.rm100 (for FCY) max RM500 (for MYR)). Commission-in-lieu of Exchange (where exchange does. Bill amount x 0.10% (min.rm50.00 not accrue to the Bank e.g. debit FCY account) max.rm200). Collection Commission - Clean Collections. Bill amount x 0.10% (min.rm50.00 max.rm100). Communication Charges SWIFT/Courier. SWIFT - RM30.00 (Overseas). Delivery free of payment or return Collection. same as Collection Commission. Stamp Duty. RM Protest. Actual + USD Protest/Legal Charges. Actual. Overdue Bills - Administration Charge. N/A. Tracers to client chasing for payment. Courier or Mail (Actual) Amendments. Amendment Charges. N/A. Courier to Drawer. Local - West Malaysia RM10.00 East Malaysia RM15.00 Foreign - Actual Shipping Guarantees/Release Letters Not allowed EXPORT COLLECTIONS Document Handling. Collection Commission - Regular Collections. Bill amount x 0.10% (min.rm50.00 max.rm (for FCY) max RM (for MYR)). Commission-in-lieu of Exchange (where exchange does. Bill amount x 0.10% (min.rm50.00 not accrue to the Bank e.g. debit FCY account) max.rm200.00). Communication Charges SWIFT/Courier. SWIFT - RM30.00 (Overseas),. Tracers. SWIFT - RM30.00 (Overseas),. Unpaid Items (apply to all bills returns as unpaid or. RM60.00 for each return uncollectible) Amendments. Amendments/Adjustments of sent collection order at customer s request. RM60.00+telex fee 5

6 IMPORT LETTER OF CREDIT Issuance. Issuance Commission - covering the validity period of the LC. Issuing amount (Including tolerance max. amount) x 0.10% per month RM50.00).. Communication Charges SWIFT/Courier. SWIFT - RM (Overseas) RM50.00 (Local) By mail - Actual Courier Charges. Stamp Duty. RM Pre-advice Charges. SWIFT - RM (Overseas) RM50.00 (Local) By mail - Actual Courier Charges. Advice of LC through non-network branches. As per Issuance Commission. Fees/Charge for Revolving/B2B LCs. Issuing amount (Including tolerance max. amount) x 0.10% per month RM300.00). Amendments. Amendments in Amount & Tenor. Increased amount (Including tolerance max. amount) x 0.10% per month (or part of the month)(min. RM50.00).. Amendments to Other Terms and Conditions (Text. RM50.00 Flat Related). Communication Charges SWIFT/Courier. SWIFT - RM (Overseas) RM50.00 (Local) By mail - Actual Courier Charges. Cancellation. RM Fees charged by foreign banks (if any). Amendments in Amount & Tenor for Revolving/B2B LCs. Increased amount (Including tolerance max. amount) x 0.10% per month (or part of the month)(min. RM300.00).. Amendments to Other Terms and Conditions (Text. RM60.00 Flat Related) for Revolving/B2B LCs. Cancellation for Revolving/B2B LCs. RM Fees charged by foreign banks (if any) Document Handling. Discrepancy Fees. RM (for local currency), USD50.00 (for foreign currency) for each set of discrepant documents. Communication Charges SWIFT/Courier. SWIFT - RM30.00 (Overseas),. Commission-in-lieu of Exchange (where exchange does not accrue to the Bank e.g. debit FCY account). Bill amount x 0.10% (min.rm50.00 max.rm200.00) 6

7 . Deferred Payment/Acceptance Commission. Bill amount x 0.10% per month (or part of the month) (min. RM50.00).. Drawing Against Expired LC. 0.10% per month (or part thereof) on the excess amount from the original LC Expiry date to bill drawing date (min.rm100.00). Overdrawn L/C Commission. 0.10% on overdrawn amount (min.rm100.00) Shipping Gtees/Release Letters. Issuance Commission. 0.10% p.m. of invoice amount, min RM % p.a of invoice value if SG is not released within 3 calendar months from the date of issue, to be charged from the 4th months onwards, min RM Courier to Applicant. Local - West Malaysia RM10.00 East Malaysia RM15.00 Foreign - Actual EXPORT LETTER OF CREDIT Advising. Advising Of Original LC Customer. RM50.00 Flat. Advising Of Original LC - Non Customer. RM Flat. Advising Of Amendment LC Customer. RM50.00 Flat. Advising Of Amendment LC - Non Customer. RM Flat. Cancellation of L/C at customer s request. RM Fees charged by foreign banks (if any) Communication with Issuing Bank on clarification pertaining to LC (for Client account). SWIFT - RM30.00 (Overseas),. Courier to Beneficiary. Local - West Malaysia RM10.00 East Malaysia RM15.00 Foreign - Actual Confirmation (including Commitment to Purchase/Negotiate). Risk Charge (Credit Risk + Cross-border Risk) covering the validity period of the LC. Premium for Commitment to Purchase/Silent Confirmations Transferable LCs/Assignment of Proceeds.. Transfer LC Fees - Full Transfer/Partial Transfer - w/o Document Substitution.. Subject to arrangement minimum charges : ICBC - RM other banks - RM Subject to arrangement minimum charges : ICBC - RM other banks - RM Issuing amount (Including tolerance max. amount) x 0.10% per month RM300.00) 7

8 . Transfer LC Fees - Full Transfer/Partial Transfer - with Document Substitution. Issuing amount (Including tolerance max. amount) x 0.10% per month RM300.00). Amendments in Amount & Tenor on Transfer LC Fees. Increased amount (Including tolerance max. amount) x 0.10% per month (or part of the month)(min. RM300.00). Amendments to Other Terms and Conditions on Transfer. RM60.00 Flat LC Fees (Text Related). Cancellation of LC Transfer. RM Fees charged by foreign banks (if any). Communication Charges Swift/Courier. SWIFT - RM30.00 (Overseas), Document Handling.. Document Negotiation Fees. Bill amount x 0.10% (min.rm50.00 max.rm (for FCY) max RM (for MYR)). Document Handling Fees (if not negotiated). As above. Commission-in-lieu of Exchange (where exchange does. Bill amount x 0.10% (min.rm50.00 not accrue to the Bank e.g. debit FCY account) max.rm200.00). Deferred Payment/Acceptance Commission (if for. Bill amount x 0.10% per month (or beneficiary's account) part of the month) (min. RM50.00). Tracers. SWIFT - RM30.00 (Overseas),. Documentary Examination Fee. RM Communication Charges SWIFT/Courier. SWIFT - RM30.00 (Overseas), GUARANTEES/SBLCS Document Handling. Issuance Commission - covering the validity period of the SBLC/Guarantee. Issuing amount x 0.10% per month RM150.00). Amendments in Amount & Tenor. Increased amount x 0.10% per month RM150.00). Amendment to Other Terms and Conditions (Text. RM60.00 flat Related). Cancellation (BG returned by beneficiary or applicant). RM flat. Advising Of Guarantee / SBLC. RM Flat Issuance of guarantee based on counter guarantee issued. Subject to arrangement by correspondent banks Confirmation of Guarantee. Subject to arrangement Communication Charges SWIFT/Courier. SWIFT - RM (Overseas) RM50.00 (Local) By mail - Actual Courier Charges 8

9 Stamp Duty Issuance letter of certificate for collaterals Issuance letter of commitment. RM RM60.00 flat. RM flat GENERAL CONDITIONS. This schedule of charges applies to normal transactions.. Incidental costs such as postage, courier, cable and out-of-pocket expenses as well as correspondents charges, if any, will be added thereon.. This terms and conditions are subject to change without prior notice. 9