|Collections on Denmark|
|Collections are subject to the "Uniform Rules for Collections" as adopted by the International Chamber of Commerce in 1996 (ICC 522), and valid as at the date of the collection.|
|Collection commission, charged on the amount collected.||0.25% min. DKK 400 max. 3.000|
|Documentary commission, charged on the nominal amount of the docs.||0.05% min. DKK 100|
|Acceptance commission||0.25% min. DKK 300|
|Amendment Fee||DKK 200|
|Presentation Fee||DKK 200|
|Delivery Fee||DKK 150|
|Return Fee||DKK 300|
|Protest Fee, (excluding legal costs)||DKK 150|
|Release of goods||DKK 350|
|Endorsement Fee||DKK 300|
Special Handling fees may be payable for collections which require extraordinary attention, or involve extensive correspondence. In addition to the above schedule of charges, sundry disbursements (postage, duty, telecommunication charges etc.), are charged at cost.
Collections on the Faroe Islands and Greenland are subject to a special tariff.
Letters of Credit are subject to I.C.C. Publication No. 500 as adopted by the International Chamber of Commerce in 1993, and valid as at the date of the opening of the L/C.
|The following terms are for Letters of Credit advised through Jyske Bank, Denmark|
|Advising fee||DKK 600|
|Confirmation commission||DKK 300* (minimum)|
|Documentary commission||0.15% min. DKK 600|
|Deferred payment commission for confirmed Credits/Acceptance comm.||DKK 500* (minimum)|
|Deferred payment fee for unconfirmed Credits||DKK 550|
|Amendment fee||DKK 550|
|Endorsement fee||DKK 300|
|Cancellation fee||DKK 500|
(* calculated on the basis of actual number of days that the Credit is valid. The commission varies according to the sovereign risk involved, and the size and terms of the specific business).
Special Handling fees may be payable for Letters of Credit which require extraordinary attention, or involve extensive correspondence. In addition to the above schedule of charges, sundry disbursements (postage, telecommunication charges etc.), are charged at cost.
|Clean Reimbursement Credits in favour of banks|
|Confirmed||0.25% minimum DKK 600|
|Remittance fee||DKK 150|
We at Jyske Bank believe in showing our appreciation for business directed to us and offer a cash rebate for LC's advised directly through Jyske Bank. Please contact our Financial Institutions Group for further information.