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Notice of Change – Corporate Banking Fees And NOTICE OF CHANGES TO HSBC FEES AND CHARGES GUIDE - EFFECTIVE 12 May 2021 We are writing to let you know about the changes to our Fees and Charges guide which will take effect from 12 May 2021. This letter provides a summary of the changes. A full copy of the Fees and Charges Guide can be found on our public website https://www.business.hsbc.com.au/en-au/au/generic/form-downloads-and-interest-rates Why are fees changing? HSBC reviews its fees and charges from time to time and makes adjustments to reflect market conditions, economic costs and other considerations. All changes to HSBC’s fees and charges are intended to represent a balanced exchange of value to our customers. What is changing? Please refer to Appendix for details. Please contact your Relationship Manager if you wish to discuss any of the changes outlined above. Yours sincerely Steve Hughes Hamish Kelly Country Head of Commercial Banking Country Head of Global Banking V2 01_ 51_ Issued by HSBC Bank Australia Limited ABN 48 006 434 162 AFSL/ACL 232595 1 2745 Appendix Previous Fee Type Previous Fee New Fee Type New Fee Loans and Other Credit Facilities $125 per Rollover Fee Removed Advance Loan Securities and Other Legal Services Stamping $160 per Where lodgement for stamping lodgement plus is undertaken by HSBC staff. stamp duty and Removed (Documents lodged at separate government offices will each incur the fees and charge) charges, if any Searches of government records undertaken by HSBC $50 per search staff, including Title searches, (inclusive of Search fee Company searches, Business search fee and government Names searches, Personal and charges may apply Property Securities Register government searches and all other charges) searches. IRREVOCABLE DOC CREDITS (DCs) 0.125% per DC (for each period amount Establishment Fee of 6 months or Issuance Fees min $50.00 plus part thereof) communication cost $150 plus Manual communication Removed costs $80 plus Electronic communication Removed costs Issued by HSBC Bank Australia Limited ABN 48 006 434 162 AFSL/ACL 232595 2 274551_01_V2 0.125% of the increase Amendment to amount, Amendment Fees increase the Minimum $50 amount plus communication costs. Other amendments $50 plus including communication cancellation costs $150 plus Manual communication Removed costs $80 plus Electronic communication Removed costs 0.25% of Negotiation Fee negotiation Negotiation Fee (Handling Fee) amount (Min $100) 0.375%of negotiation Manual Removed amount (min $100) 0.325%of negotiation Electronic Removed amount (min $100) $150 min per negotiation plus Additional Handling Additional Handling Fee $100 communication Fee costs (For balances greater than $5,000) 0.25% of balance Cancellation fee Removed remaining (min $90) plus communication costs Issued by HSBC Bank Australia Limited ABN 48 006 434 162 AFSL/ACL 232595 3 274551_01_V2 (For DC balances greater than $5,000 undrawn Undrawn balance fee Removed at expiry. 0.25% of undrawn balance (min $90) Refusal to accept/pay against Removed documents as presented IMPORT BILLS FOR COLLECTION Transport Document Transport Document Nil $100 Endorsement Fee Endorsement Fee (payable by the drawer unless the terms of the collection state Acknowledgement fee Removed otherwise) $50 or foreign currency eqv per collection Air Waybill Releases $100 Air Waybill releases $90 Consignment fee (Endorsement of shipping docs consigned to Removed the bank) Releasing goods consigned to Removed bank DOCUMENTARY CREDITS Document Document pre-check Nil $100 Pre-check EXPORT LOANS Drawdown $150 Removed Rollover $150 Removed Issued by HSBC Bank Australia Limited ABN 48 006 434 162 AFSL/ACL 232595 4 274551_01_V2 $150 plus interest break Prepayment Removed costs if applicable TRADE FINANCE TRADE FINANCE LOANS LOANS (Foreign (Foreign Currency and AUD) Currency and AUD) New New $75 Rollover Rollover $75 $75 plus interest break Prepayment Prepayment costs if applicable Proposed COMMUNICATION COSTS COMMUNICATION COSTS Issuance or transfer of $30 per $30 per All SWIFT messages DCs/Standby DCs/Guarantees message message 1. $25 for standard service Swift fee Local Courier Fee 2. Same day (express) service at cost plus $10 $30 per International courier Other as applicable at cost plus $10 message Fee Global Liquidity and Cash Management Business Cheque Account and/or Business Trust Account (BCA/BTA) Cheque clearing charges per Cheque clearing $0.55 $0.75 item charges per item $0.75 per Cheque book $0.90 per Cheque book provided cheque written provided cheque written Issued by HSBC Bank Australia Limited ABN 48 006 434 162 AFSL/ACL 232595 5 274551_01_V2 International Cash Management Account (Australian Dollars) (ICMA (AUD)) Cheque clearing charges per Cheque clearing $0.65 $0.85 item charges per item Business Transaction Account $0.75 per Cheque book $0.90 per Cheque book provided cheque written provided cheque written Funds Transfers and Transactional Services Inward Transfers - Inward Transfers - Foreign Foreign currency currency cheques and drafts $25.00 $40.00 cheques and drafts sent for collection sent for collection Outward Transfers - Outward Transfers - Payments $50.00 plus Payments instructed $60.00 plus instructed via fax or in hard applicable via fax or in hard applicable copy on original HSBC Telegraphic copy on original Telegraphic application form Transfer fee HSBC application Transfer fee form Outward Transfers - Outward Transfers - Telegraphic Telegraphic Transfer Transfer initiated via other initiated via other $50.00 $60.00 forms of instructions (as agreed forms of instructions to by HSBC) (as agreed to by HSBC) Outward Transfers - Outward Transfers - Demand $15.00 plus Demand Drafts (DD) $25.00 plus Drafts (DD) issue - Request post/courier issue - Request post/courier initiated via HSBCnet costs initiated via costs HSBCnet Outward Transfers - Outward Transfers - Demand Demand Drafts (DD) Drafts (DD) issue - Other $25.00 $30.00 issue - Other requests requests Account Related Services Cheque Fees - Bank $8.00 plus $15.00 plus Cheque Fees - Bank cheque - cheque - Request post/courier post/courier Request initiated via HSBCnet initiated via costs costs HSBCnet $3.20 per Transactions $5.00 per Transactions through an deposit plus through an alliance deposit plus alliance bank branch - Deposits $0.35 per bank branch - $0.55 per - cheques cheque Deposits - cheques cheque Issued by HSBC Bank Australia Limited ABN 48 006 434 162 AFSL/ACL 232595 6 274551_01_V2 $3.20 per Transactions $5.00 per Transactions through an deposit plus through an alliance deposit plus alliance bank branch - Deposits 0.85% of bank branch - 0.85% of – cash amount Deposits – cash amount HSBCnet - Package HSBCnet - Package 1 - Monthly $165.00 per $187.00 per 1 - Monthly Service Service Fee month month Fee Other Services - Other Services - Transaction Transaction Reports $2.00 (inc. GST) N/A Reports - Paper Billing Invoices – Paper Billing per statement Invoices Audit Balance Certificate - $50.00 per legal Removed Company entity Bank Opinions - Requested on behalf of customer • Domestic $50.00 Removed • International $70.00 Removed Issued by HSBC Bank Australia Limited ABN 48 006 434 162 AFSL/ACL 232595 7 274551_01_V2 .
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