Fee Schedule for NSD s Cash Transfer and Related Services (Effective from July, )

Transcription

1 Fee Schedule for NSD s Cash Transfer and Related Services (Effective from July, ) Part 1. NSD s Fees for Cash Transfer and Related Services (Excluding Cash Transfer Services through the NSD Payment System) # Service / Transaction Description Fee (in RUB) 1.1. Opening, closing and maintaining bank accounts of legal entities, including credit organizations, in Russian rubles and foreign currency Opening a bank account Closing a bank account Monthly charge for maintaining a bank account of NSD s Client 1 1, Monthly charge for maintaining a bank account of NSD s Client who uses the Standing Instruction Service 1 2, Keeping cash funds in a foreign currency in Client's bank accounts with NSD Making payments at the Client s transfer instruction in the form of a hard copy document when electronic communication is restricted / discontinued Making payments at the Client s transfer instruction in the form of a hard copy document 2 : Average daily balance of cash funds (as at the close of business) during the billing month, in each of the Client's bank accounts, multiplied by the effective rate 10 For cash transfers the amount of which does not exceed RUB 50, (or the equivalent of RUB 50,000 in a foreign currency at the Bank of Russia s exchange rate in effect on the transfer date) 5,000; or for cash transfers the amount of which exceeds RUB 50, (or the equivalent thereof in a foreign currency at the Bank of Russia s exchange rate in effect on the transfer date) 10% of the transfer amount 5 settlement services has been discontinued Cash transfers in Russian rubles and foreign currency Cash transfers in Russian rubles Making payments at the Client s transfer instruction received in electronic format via NSD s EDI System and/or SWIFT (excluding To accounts opened with NSD: For cash transfers the amount of which does not exceed RUB 50, (or the equivalent of RUB 50,000 in a foreign currency at the Bank of Russia s exchange rate in effect on the transfer date) 5,000; or for cash transfers the amount of which exceeds RUB 50, (or the equivalent thereof in a foreign currency at the Bank of Russia s exchange rate in effect on the transfer date) 10% of the transfer amount 5

2 To accounts opened with other credit organizations: per transfer instruction Making payments at the Client s transfer instruction received in hard copy Making payments at the Client s transfer instruction via the BESP System (the fee is charged in addition to the fees set out in paragraphs , , ) Making payments in foreign currency Making payments at the Client s instruction received in electronic format via NSD s EDI System and/or SWIFT (excluding DVP settlements and DVP transactions via ICSDs): To accounts opened with NSD: To accounts opened with other credit organizations: a) Interbank transfers b) Client s transfers Making payments at the Client s transfer instruction received in hard copy Executing, if technically possible, the Client s transfer instruction submitted to NSD via the SWIFT System other than in accordance with the applicable message formats (specifications) required by NSD s EDI Rules (the fee is charged in addition to the fees set out in paragraphs and 1.3.2) Cancellation of the transfer instruction prepared for execution, upon the Client's request (if technically possible) Investigating, changing details of the transfer instruction, confirmation of crediting the Client s funds to the account to be credited, etc. based on Client s order Crediting funds to the Client s account Transferring the cash balance from the Client s bank account when closing the account upon the Client s request 2 : settlement services has been discontinued 3 ; c) for other Clients Cash transfers under Clients matching instructions for the purpose of settlement of OTC transactions, on a payment versus payment (PVP) basis 5, per transfer instruction per transfer instruction per transfer instruction 2, per transfer instruction 7, 5,400 per transfer instruction 1, 1, % of the transfer amount 1.4 FX transactions At NSD s exchange rate 1.5. Information and other services Providing the Client with a bank account statement in hard copy upon Client s initial request for a statement for transactions executed by NSD during the following time period 11 : one day up to six months before the request date more than six months up to one year before the request date per document more than one year before the request date 1, per document Providing the Client with bank account statements: via SWIFT, by , or via the Bank-Client Intranet System per statement by fax per statement Providing the Client with a monthly Settlement Services Statement via the Client s mailbox at NSD s premises Providing the Client with a monthly Settlement Services Statement: by

3 by fax Upon the Client s request, providing the Client with a hard copy of an electronic transfer instruction stamped by NSD as executed, or a copy of the payment document issued by NSD on the basis of the Client's instruction and submitted to the nostro bank, or copies of transfer instructions, or copies of statements of transactions executed by NSD in the Client s bank account during the following time period: less than one month prior to the receipt of the request per document one month up to one year prior to the receipt of the request per document earlier than one year prior to the receipt of the request 1, per document Upon the Client s request, providing information containing the following details: Client s bank accounts and account transactions Cash turnover in the Client s bank account and other details for each calendar period requested for one calendar period (month, quarter, or year) Providing the Client with a copy of a transfer instruction when per message debiting / crediting a bank account, via SWIFT Providing the Client with an advice of debiting / crediting a bank per message account, via SWIFT or via the Bank-Client Intranet System Providing settlement, information, consulting, or other services not Under a separate agreement with the mentioned in this Fee Schedule Installation and connection of a Bank-Client Internet Interface and/or Bank-Client Intranet Interface, including the provision of software (including registration with the provision of a login and password) Support of the operation of a Bank-Client Internet Interface and/or Bank-Client Intranet Interface, including the provision of new software releases reflecting changes in the applicable laws and regulations or enhanced functionality (the fee is charged per workstation) 8 Providing information to the Client by registered mail via the Post of Russia (the fee is charged in addition to the fees set out in paragraphs , , , ) 1.6. Currency control Exercising the functions of a currency control agent for a transaction passport (TP) issued on the basis of an agreement between a Russian resident and a Russian non-resident Issuing/reissuing a TP Obtaining a TP for the Client upon the Client s written request Preparing documents to transfer a TP to another bank Part 2. NSD s Fees for Cash Transfer Services through the NSD Payment System Cash transfers in Russian rubles and foreign currency Cash transfers in Russian rubles Making payments at the Client s transfer instruction received in electronic format via NSD s EDI System and/or SWIFT (excluding To accounts opened with NSD: ( ( To accounts opened with other credit organizations: ( ( Client 3, as a lump sum 3, per month % of the transfer amount / receipts under the TP, max. 60, , per TP 1, per TP 3, per TP per transfer instruction Making payments at the Client s instruction received in hard copy 5, per transfer instruction Making payments at the Client s instruction via the BESP System (the fee is charged in addition to the fees set out in paragraphs , , ) Making payments in a foreign currency per transfer instruction

4 Making payments at the Client s transfer instruction received in electronic format via NSD s EDI System and/or SWIFT (excluding To accounts opened with NSD: To accounts opened with other credit organizations: a) Interbank transfers b) Client s transfers per transfer instruction 2, per transfer instruction Making payments at the Client s instruction received in hard copy 7, Executing, if technically possible, the Client s transfer instruction submitted to NSD via the SWIFT System other than in accordance with the applicable message formats (specifications) required by NSD s EDI Rules (the fee is charged in addition to the fees set out in paragraphs and 2.1.2) 5, per transfer instruction Cancellation of the transfer instruction prepared for execution, upon 1, the Client's request (if technically possible) Investigating, changing details of the transfer instruction, 1, confirmation of crediting the Client s funds to the account to be credited, etc. based on Client s order Crediting funds to the Client s account Transferring the cash balance from the Client s bank account when closing the account upon the Client s request 2 : settlement services has been discontinued 3 ; c) for other Clients Cash transfers under Clients matching instructions for the purpose of settlement of OTC transactions, on a payment versus payment (PVP) basis % of the transfer amount Notes: 1. Fees shall be charged for maintaining a bank account, for each full month of services or a fraction thereof, provided that at least one account transaction has been ordered by the Client. 2. Fees shall be charged by NSD debiting funds from the Client's bank account on the transaction date. NSD shall, at its own discretion, determine the Client's bank account to be debited. Where no funds are available in the bank accounts opened in the fee currency, the amount of the fee to be debited shall be converted into the currency of the account to be debited at the rate set by NSD as of the debit date. 3. Except for discontinuance of electronic communication where the Client fails to perform its obligations to pay for the services or where the Client s banking license is revoked. 4. Where intermediary banks charge an additional fee, or where the Client's instruction requires an additional amount of work or execution of non-standard transactions, NSD will charge the Client a surcharge in the amount of actual costs incurred. No surcharge will be charged in connection with investigations requested by, or resulting from, any acts of intermediary banks due to their compliance procedures (such as AML, KYC, etc.). 5. Where the currency of transfer/receipt is different from Russian rubles, the fee amount to be debited shall be converted into Russian rubles at the Bank of Russia s exchange rate in effect on the transfer/receipt date. 6. Part 2 of the Fee Schedule for NSD s Cash Transfer and Related Services shall be applicable to Clients participating in the NSD Payment System.

5 7. Where the Client s instruction is executed partially due to the insufficiency of funds available in the Client s account, in the cases stipulated by the Russian laws, the fee provided for by this Fee Schedule shall be charged for each partial debit made under such Client s instruction. 8. The fee shall be charged for each full month or a fraction thereof, starting from the month next to the month in which the registration with the provision of a login and password for the Bank-Client Internet Interface and/or Bank-Client Intranet Interface was performed. 9. The fee payable for the keeping of cash funds in a foreign currency shall be converted to RUB at the Bank of Russia s exchange rate in effect on the last day of the billing month, and reflected in the Settlement Services Statement to be sent to the Client for the month next to the billing month. 10. On a monthly basis, no later than the 25th day of the month next to the billing month, NSD shall calculate the effective fee rate for the keeping of cash funds in a foreign currency in Client's bank accounts in that currency and disclose it on NSD's web site. The effective rate shall be calculated as a ratio between the total fee paid by NSD to the credit organizations with which NSD holds correspondent accounts in the relevant currency and the aggregate of the average daily balances (as at the close of business) in all of the Clients' accounts in that currency during the billing month. 11. The Client may choose to be provided either with a separate statement for each closed business day, provided that there were transactions in the Client s account during such day, or for the entire period for which the statement is requested.