Bank rate card
What does Canara Bank charge an exporter?
This is Canara Bank's published trade and forex rate card, reproduced head by head from the bank's own schedule dated WEF 02.02.2026. 23 charge heads are published and 0 are not. The source document is linked at the foot of this page.
By Aaryan Kakani · · 3 min read
What does Canara Bank charge on an export transaction?
Every head below is reproduced from the schedule linked at the foot of this page. Amounts are as published; nothing has been converted, averaged or inferred, and charges are exclusive of 18% GST unless the schedule says otherwise.
| Charge head | What Canara Bank publishes |
|---|---|
| Inward remittance / export proceeds | Advance remittance towards export: Nil up to Rs 50,000, Rs 300 above; non-export inward remittance: individuals Nil, others Rs 300 per payment; SWIFT inward rupee remittance Rs 75 (customers) |
| FIRC, FIRA and e-BRC | FIRC/e-FIRC Rs 500 per certificate (duplicate Rs 1,000); e-BRC Rs 75 per SB/GR realisation (legacy cases) |
| Export bill regularisation (direct dispatch or advance received) | Single row A (shared with collection/purchase) covers advance-payment (part or full) and direct-dispatch bills: Rs 100 / 250 / 500 / 1,000 (up to Rs 1 lakh / 4 lakh / 10 lakh / above), up to 5 SBs + Rs 100 per additional SB; no other charge for small-value EDPMS closure |
| Export bills on collection | Per export bill: up to Rs 1 lakh Rs 100; Rs 1-4 lakh Rs 250; Rs 4-10 lakh Rs 500; above Rs 10 lakh Rs 1,000 (up to 5 SBs; Rs 100 per additional SB) + out-of-pocket courier/SWIFT at actual |
| Export bill purchase, discount or negotiation | Same per-bill slab: Rs 100 / 250 / 500 / 1,000 (up to Rs 1 lakh / 4 lakh / 10 lakh / above) + Rs 100 per SB beyond 5 |
| Extension of realisation period | Rs 500 per extension of due date of SB/GR |
| Write-off or reduction in value | Write-off per SB/GR: self Rs 1,000, AD power Rs 1,500; SB value reduction (SB up to Rs 10 lakh) Rs 250 per SB |
| Crystallisation | Rs 1,000 per bill |
| Return of an unpaid export bill | Not stated |
| Export LC advising | Rs 1,500 per LC (own customers); Rs 3,000 (other bank customers); amendment Rs 500 / Rs 1,000 |
| Export LC confirmation | Sight/up to 30 days usance: 0.35% p.m. Up to Rs 1 cr, 0.25% (min Rs 35,000), 0.15% above Rs 5 cr (min Rs 1,25,000); beyond 30 days: 0.20% / 0.10% / 0.05% p.m.; plus treasury risk charges |
| Overdue bill follow-up | Rs 500 per quarter per outstanding IRM (advance not regularised beyond one year); Rs 500 per bill per quarter for overdue SBs |
| SWIFT | Rs 500 per SWIFT message; MT700/MT760 Rs 1,000 |
| Courier | Out-of-pocket (postage/courier) recovered at actual |
What does Canara Bank charge on imports, guarantees and other forex services?
| Charge head | What Canara Bank publishes |
|---|---|
| Advance or direct import remittance | Flat Rs 2,000 per bill + commission in lieu of exchange as applicable + SWIFT Rs 500 per message |
| Import bills on collection | Flat Rs 2,000 per bill (under LC, non-LC and direct import bills) + commission in lieu of exchange as applicable |
| Import LC issuance | Risk-based: 0.20% first quarter + 0.10% p.m. (low risk) up to 0.35% + 0.20% p.m. (other accounts); min Rs 2,000; 100% cash margin 25% |
| IDPMS / Bill of Entry | BoE follow-up Rs 500 per BoE/ORM per quarter; AD transfer under IDPMS Rs 500 per BoE; BoE reduction (up to Rs 10 lakh) Rs 250; BoE write-off (above Rs 10 lakh) Rs 2,000 |
| Bank guarantee | Min Rs 2,000 per guarantee; export performance/bid bond (non-project) 0.12% p.m.; other foreign outward guarantees 0.180% p.m., min Rs 2,000 |
| Other outward remittance | Other than individuals flat Rs 2,000 (individuals Rs 750); CILE extra if from EEFC/FC account |
| Forward contracts | Rs 750 per contract; early delivery/extension/cancellation Rs 750 per request + swap cost |
| Commission in lieu of exchange | Non-better-rate parties: 15 ps/USD up to USD 25,000; 10 ps/USD (min Rs 2,500) to USD 50,000; 7 ps/USD (min Rs 3,500) to USD 100,000; 5 ps/USD above (min Rs 6,000, max Rs 50,000); not levied on EEFC credit on realisation |
| Certificates, NOC and AD code letter | Export-related certificates (EDF/GR waiver, DO, BRO, attestations) Rs 500 each; NOC capital account Rs 1,000; current account Rs 500; NOC for routing through other bank Rs 1,000 |
How does Canara Bank compare with the other banks?
Ordering is arithmetic on published figures across the 36 banks whose schedules could be re-checked against their source file, using the entry-tier charge a small-ticket exporter actually meets. It is not a view on which bank to use.
| Charge | Canara Bank | Where that sits |
|---|---|---|
| Export bill regularisation, per shipping bill | ₹100 | 3rd cheapest of 29 banks that publish it |
| e-BRC or BRC | ₹75 | 12th cheapest of 23 banks that publish it |
| FIRC or FIRA issuance | ₹500 | 23rd cheapest of 30 banks that publish it |
| Inward remittance, per credit | Free | 2nd cheapest of 30 banks that publish it |
| Export bills on collection, entry tier | ₹100 | 2nd cheapest of 35 banks that publish it |
| SWIFT, per message | ₹500 | 9th cheapest of 36 banks that publish it |
On published figures Canara Bank sits in the cheapest five on export bill regularisation, per shipping bill (3rd of 29), inward remittance, per credit (2nd of 30), export bills on collection, entry tier (2nd of 35). An exporter filing 20 shipping bills a month, pulling an e-BRC for each and taking 20 payment credits, would pay ₹42,000 a year on these published heads alone. A merchant exporter lodging 10 collection bills a month with 10 certificates and 10 credits would pay ₹21,000. See all 38 banks side by side.
What else does Canara Bank's schedule say?
Dedicated 25-page forex schedule linked on https://www.canarabank.bank.in/pages/service-charges as 'SERVICE CHARGES FOR FOREX TRANSACTIONS WEF 02.02.2026' (supersedes 01.08.2025 / 01.07.2023 versions). Charges exclude GST. Export-bill slab based on rupee value (TT selling rate). AD transfer to Canara under EDPMS Rs 500 per SB. Transactions needing RBI approval Rs 5,000. Merchanting Rs 10,000 per MTT.
Where does this rate card come from?
| Provenance | Detail |
|---|---|
| Schedule date, as the bank prints it | WEF 02.02.2026 |
| Bank type | Public sector |
| Checked | 19 September 2026 |
| Source document | Open Canara Bank's published schedule |
The source document was re-downloaded from Canara Bank on 19 September 2026 and compared by SHA-256 against the copy these figures were read from. It matched exactly, which means the figures here are what the bank was publishing that day rather than a stale cache.
What should I read next?
- Every Indian bank's export charges, compared All 38 rate cards in one table.
- Which bank is best for e-commerce exporters? The same schedules read head by head for marketplace sellers.
- Which bank is best for B2B exporters? LC advising, collection, crystallisation and guarantees.
- FIRC and BRC guide for Indian exporters What each certificate is and when you need one.
Tired of chasing Canara Bank to close your shipping bills?
Bank charges are the visible cost of export banking. The hidden one is the hours spent matching settlements to shipping bills and chasing the bank to close them in EDPMS. Seasaw does that matching for you.
See how Seasaw works
Update history
- First published.