SOC Magnus (Current Account Working Capital Facility)

Schedule of charges for Magnus (Current Account Working Capital Facility)

w.e.f January 01, 2015

  Magnus (Current Account Working Capital Facility) (CA017)
EXIM Facilities Charge  Minimum 
EXPORTS
Export Bills for collection 0.0625% Rs. 750
Export LC Advising* Rs. 900
Advising LC Amendments Rs. 900
LC Transfer Rs. 2,000
LC Confirmation Based on Country / Bank Risk
Issuance of GR Waiver Rs. 1500
Remittance of Agency commission 0.10% Rs. 1,000
Overdue Commission on Export Bills Rs. 300 p.q; Rs. 150 p.m. thereafter
Export Financing - Handling Fee Rs. 1,000 per transaction
IMPORTS
Import Bills for collection 0.20% Rs. 750
Direct Import Bills 0.10% Rs. 750
Import Bills under LC 0.15% Rs. 1,000
LC Issuance 0.25% p.q. Rs. 2,200
LC Handling Fee Rs. 1200
LC Amendment (For value / Tenor) 0.25% p.q. on enhanced value /  
tenor
Rs. 1,000
LC Amendment - Others Rs. 1000
Usance Commission 0.15% p.q.
Issuance of Delivery Order Rs. 1000
Overdue Commission on Import Bills Rs. 300 p.q; Rs. 150 p.m. thereafter
Arrangement Handling charges Rs. 1,000 per transaction
INLAND
Document Handling 0.15% Rs. 1,200
LC advising Rs. 1,200
LC Issuance 0.25% p.q. Rs. 2,200
LC Handling Fee Rs. 1,200
LC Amendment (For value / Tenor) 0.25% p.q. on enhanced value /  
tenor
Rs. 1,000
LC Amendment - Others Rs. 1,000
LC Confirmation Based on Bank Risk
Inland Bill Financing - Handling Fee Rs. 1,000 per transaction
GUARANTEES
Guarantee Issuance 1.5% p.a. Rs. 5,000
Handling Charge Rs. 1,500
BG Amendment (For value / Tenor) 1.5% p.a. on  
enhanced value /  
tenor
Rs. 1,000
BG Amendment - Others Rs. 1,000
Claim Settlement 0.30% Rs. 1,000
Claim Settlement - Handling Charge Rs. 300
OTHERS - FACILITY RELATED
Penal Interest on Delayed Repayment /  
Usage of Facility for Non Specified Purpose  
18% p.a. for INR denominated facilities.
Additional 3% on FCY denominated facilities
Non-Compliance of Facility
Terms and Conditions
Increase in the Rate of Interest by 0.5% per instance and levy of a penalty charge of INR 10,000/- per instance.
Prepayment / Closure Fees 2% of the limit/s sanctioned
External agency / firm Charges / fees for  
outsourced activities like Registration, Title Search, ROC search, ROC charge creation, Valuation, Stock / Property Insurance,   
Insurance Premium and Audit
All charges / fees of the external agencies / firms inclusive of taxes will be debited from the account at actuals.
Non Trade outward remittance Rs. 600
Foreign Currency Cheque Collection 0.50% (Min Rs.150 and Max Rs.2,500)
Forward Contract Booking / Cancellation / Amendments / Roll Overs Rs. 1,000 per transaction
SWIFT Charges Rs. 450
Courier Rs. 300
Postage Rs. 150
FIRC Issuance Free
BRC Issuance Free
Commission in lieu of exchange 0.10% Min. Rs.600; Max. Rs. 1,500
SWIFT LC Rs. 1,000
LC - Courier Rs. 1,000
Fees for Applications to RBI Rs. 500
Forex conversion charge Rs. 100
CHEQUE BOOK, CONSOLIDATED STATEMENT
Payable at Par Cheque Book
issuance & utilization
Free
Duplicate Statement Rs.75 per cycle
CHEQUE RETURN AND STOP PAYMENT
Cheque Issued and Returned - Financial
Reasons (per instrument)
Rs. 500
Cheque issued and returned - Technical
Reasons (per instrument)
Free
Cheque Deposited and Returned Rs. 100 per cheque
Stop Payment - Single Cheque Rs.100 (Rs. 50 if request received through internet banking or phone banking)
Stop Payment - Range of Cheques Rs.200 (Rs. 100 if request received through internet banking or phone banking)
INTERNATIONAL ATM CUM DEBIT CARD
International Platinum Debit Card - Annual Fees Free
Replacement of Damaged
International Debit Card
Free
Replacement of Lost /
Stolen International Debit Card 
Free
Regeneration of Duplicate PIN Free
ATM Withdrawal Limit Per Day Rs. 1 lac
Cash Withdrawal & Balance Enquiry(Domestic) Free
International Cash Withdrawal*** Free Transaction on Global ATM Alliance Network**
International Balance Enquiry  
(per transaction)
Rs. 50
DEMAND DRAFT, PAY ORDER AND CHEQUE COLLECTION
Demand Drafts on all Locations Free of charge upto Rs. 55 Lacs pm; Above the Free Limit Rs.2.50 per Rs.1,000; (Min Rs.150 - Max Rs.5,000)
Pay Order Free of charge upto Rs. 25 Lacs pm; Above the Free Limit Rs. 2.50 per Rs.1,000; (Min Rs.150 - Max Rs.5,000)
Foreign Currency Demand Draft
(per instrument)
Rs. 200
Demand Draft / Pay Order Cancellation / Revalidation / Duplicate (per instrument)  Rs.125
Outstation Cheque Collection at Deutsche Bank Branch Locations  Free of charge upto Rs. 75 Lacs pm; Above the free limit Rs. 150 per instrument
Outstation Cheque Collection at
Non - Deutsche Bank Branch Locations 
Up to Rs. 10,000 – Rs. 50 per instrument;
Rs. 10,001 to Rs. 1,00,000 - Rs. 100 per instrument;
Rs.1,00,001 and above - Rs.150 per instrument
RBI NEFT
RTGS Free of charge
NEFT Free of charge
DOOR STEP BANKING
Cash/Cheque Pickup/Cash Delivery Rs. 150 per visit
ANY BRANCH BANKING
Cash Deposit / Withdrawal (Non -  
Domicile branch) 
Free of charge upto Rs.1.50 Lac per day; Above the free limit Rs.2.25 per Rs.1,000.
OTHER ACCOUNT RELATED
Standing Instruction Set-up (per instruction) Rs. 75
Standing Instruction Failure (per instrument) Rs. 350
Account Closure (Within 6 months of
Account Opening)
Rs. 1,000
Dormant Account Charges - (Accounts  
not operative for more than 2 years)
Rs.100 p.m.
ECS debit instructions issued by  
customer and returned unpaid (per  
instrument)
Rs. 350
BALANCE CERTIFICATE, INTEREST CERTIFICATE AND BANKERS REPORT
Certificate Issuance / Retrieval of old document Rs. 100

Remittances should be sent to SWIFT Id DEUTINBBPBC

*Inward LCs should be transmitted at the SWIFT Id DEUTINBB

Service Tax and Educational Cess as applicable will be levied

These Service Charges are subject to change as per Bank's policies

** Global ATM Alliance includes Deutsche Bank ATM worldwide, Bank of America in USA, Scotia Bank in Canada, Chile, Mexico and Caribbean Islands, BNP Paribas in France, Barclays Bank in UK and Africa, Westpac in Australia, New Zealand and South Pacific

*** A currency conversion mark-up of 3.5% will be applicable on all international transactions - ATM & Point of Sale

Petrol Surcharge waiver is applicable only on Deutsche Bank Gold Debit Cards

The maximum petrol surcharge waiver per Deutsche Bank Gold Debit Card in a calendar month will be restricted to Rs. 250/-

In case customer has crossed the threshold of Rs. 250/- in a calendar month, his/her account will be debited for the differential amount in the same month or in the subsequent month at the discretion of the bank. In case sufficient balance is not available in the A/c to absorb the debit, in addition to exercise of other rights of the bank, a lien will be marked in the customer's A/c and the debit will be posted as and when balance is available.

Demand Draft / Pay Order charges to be applicable only on the incremental amounts

Service Tax and Educational Cess as applicable will be levied

These Service Charges are subject to change as per Bank's policies