Revision of Charges of Inward Remittance
Sr.No. Type of Service Revised (AUD) w.e.f. 15.04.2023
1. Processing of IRM (Other Banks) A$ 45 up to A$ 5000
A$ 55 Above A$ 5000
Processing of IRM (B.O.B. Branches) A$ 40 up to A$ 5000
A$ 45 Above A$ 5000
2. Processing of IRM (in EUR CCY) - BOB Bank Amount Charges in Euro
Upto EUR 5000.00 70
from EUR 5000.01 75
Processing of IRM (in EUR CCY) - Non BOB Bank Upto EUR 5000.00 70
from EUR 5000.01 75
3. Remittance processed through Swift A$ 60 per remittance
4. Re-processing A$ 15 per transaction
5. Recalling of funds A$ 35 per transaction
6. Non financial Swift advise A$ 10 per transaction
7. Account maintenance charges A$ 30 per month
8. Balance confirmation for Audit purpose A$ 10 every request
9. Ledger folio charges A$ 10 every month
10. Investigation Charges A$ 20 per investigation
11. Customer Induced credit to your account with us A$ 25 per credit
 
Charges for various services:
Sr.No. Type of Service Charges (AUD)
1. Ledger Folio Charges
(A/c Maintenance Charges per month)
Current Account – 10
2. Charges for issue of Duplicate Statement 10
3. Minimum Amount for Opening Account For Corporates / Companies: 10,000
For Individuals: 250,000
4. Charges for not maintaining minimum balance 25 per month
5. Charges for Standing Instructions 10 per transaction
6. Charges for Cheque Returned Unpaid 10
7. Closure of A/cs 50
8. Penalty for Pre-Payment 1%
9. Cheque Collection in clearing 0.50 per instrument
10. International Money Remittance Charges (in INR Currency) (wef 07th March 2025)
For Remittance to BOB Beneficiary Account AUD 3/- per remittance
For Remittance to Non-BOB Beneficiary Account AUD 5/- per remittance
For Remittance above AUD 20000 NIL Charges
 
International Money Remittance Charges
(other than INR currency) (wef 10th April 2017)
AUD 25/- per transaction
11. Processing charges for fund based &
non-fund based facility on sanction & Renewal
1% of sanctioned limit
12. Commitment charges 1% of Unutilised limit
13. Documentation Charges Actual charges and out of Pocket expenses for - like Advocate fee, charge noting fee etc
14. Commission on Inland Guarantee
(Financial/Performance/Deffered Payments)
1.00% p.a.
15. Inspection charges $500.00 per occassion
16. Commission on Bill Discounting/Exchange on Bill Purchase 0.25% of Bill , maximum $2000.00
17. Charges for Establishment of all Inland/Foreign LC 0.25% per Quarter
18. Charges for Extension/Amendment of LC For Amendment:-
$200.00 per Amendment & 1.00% of increase of amount.
19. LC Advising charges $100.00
20. LC Amendment Advising Charges $50.00 per occassion
21. Confirmation of LC $250.00
22. LC Negotiation Charges 0.25% of Bill, maximum $2000.00
23. Collection of Bills
(Cleane/docu- Demand/Usance) OBC
0.25% ,Min $50.00 & Max. $1000.00
24. Collection of Bills
(Cleane/docu- Demand/Usance) IBC
0.25% ,Min $50.00 & Max. $1000.00
25. Handling Charges for Bill return Unpaid $100.00
26. Courier charges $50.00
27. SWIFT Charges $50.00
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