Bank rate card
What does Punjab & Sind Bank charge an exporter?
This is Punjab & Sind Bank's published trade and forex rate card, reproduced head by head from the bank's own schedule dated Page heading: w.e.f 01.10.2026. 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
Key takeaways
This schedule takes effect on 2026-10-01. Until then Punjab & Sind Bank is still billing on its previous card, so use this page to plan rather than to reconcile an invoice you have already been sent.
What does Punjab & Sind 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 Punjab & Sind Bank publishes |
|---|---|
| Inward remittance / export proceeds | Encashment of TT/MT/DD with Nostro cover: TT buying rate + Rs 100 per lakh (max Rs 500); credit to EEFC Rs 500 flat [Part-F PDF] |
| FIRC, FIRA and e-BRC | FIRC or any other certification/attestation Rs 250 each; extension of FIRC issue Rs 500 |
| Export bill regularisation (direct dispatch or advance received) | Advance-payment bills Rs 700 (up to Rs 10 lakh) / Rs 1,000 (above) + Rs 100 per extra SB (one line 'For Collection and Advance Payment', same as collection bills); docs sent directly by exporter (release of GR) Rs 250 per GR form; non-submission of SBs against advance Rs 200 per SB [Part-F PDF penal] |
| Export bills on collection | Up to Rs 10 lakh Rs 700; above Rs 10 lakh Rs 1,000 per bill; + Rs 100 per extra SB |
| Export bill purchase, discount or negotiation | Rupee post-shipment N/P/D: Rs 700 (up to Rs 10 lakh) / Rs 1,000; FC post-shipment (EBRD): Rs 2,500 (up to Rs 2 cr) / Rs 5,000 |
| Extension of realisation period | Not stated |
| Write-off or reduction in value | Not stated |
| Crystallisation | Not stated |
| Return of an unpaid export bill | Not stated |
| Export LC advising | Own client Rs 1,000; non-customers Rs 2,000; amendment Rs 500 / Rs 750 |
| Export LC confirmation | Up to Rs 5 cr: sight/up to 30 days 0.35%, usance 0.25% per month; Rs 5-25 cr: 0.25% / 0.20%; above Rs 25 cr: 0.15% / 0.15% |
| Overdue bill follow-up | Overdue export bills (N/P/D/collection) Rs 500 per bill per quarter; late submission of export docs Rs 200 per SB [Part-F PDF penal] |
| SWIFT | Rs 500 per message; full-text LC/BG Rs 1,500 [Part-F PDF] |
| Courier | Not stated |
What does Punjab & Sind Bank charge on imports, guarantees and other forex services?
| Charge head | What Punjab & Sind Bank publishes |
|---|---|
| Advance or direct import remittance | Not stated |
| Import bills on collection | FCY bill with exchange margin: slab Rs 200 (up to Rs 2 lakh) to Rs 15,000 (above Rs 5 cr); INR/no exchange 0.15% (min Rs 1,500, max Rs 20,000); docs received directly 0.15% (min Rs 1,500, max Rs 20,000) |
| Import LC issuance | Commitment 0.10% per quarter (min Rs 500) + usance 0.10% (up to 10 days sight), 0.20% (up to 3 months), 0.20% + 0.10% per month beyond (min Rs 1,000); minimum Rs 1,500 per LC; full-text LC SWIFT Rs 1,500 [PDF] |
| IDPMS / Bill of Entry | Bill of Entry data not submitted in time Rs 200 per BOE; late payment of import bills Rs 200 per BOE [Part-F PDF penal] |
| Bank guarantee | All guarantees (non-project) 0.20% per month (min 0.35% or Rs 500); export performance/bid bonds (non-project) 0.10% per month (min 1 quarter or Rs 500); deferred payment 0.60% per quarter |
| Other outward remittance | Up to Rs 20 lakh Rs 500; Rs 20 lakh-1 cr Rs 1,000; Rs 1-10 cr Rs 5,000; above Rs 10 cr Rs 10,000; + SWIFT |
| Forward contracts | Rs 750 per contract (NRIs nil); early delivery/extension min Rs 750 + swap cost + interest on outlay [Part-F PDF] |
| Commission in lieu of exchange | Export proceeds paid in FCY to another bank: Rs 1,000 per bill (up to USD 25,000) / Rs 2,000 (above); export proceeds to EEFC Rs 500 flat; PC-negotiated-elsewhere N.A. |
| Certificates, NOC and AD code letter | FIRC/any certification or attestation Rs 250; registration of export contracts Nil |
How does Punjab & Sind 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 | Punjab & Sind Bank | Where that sits |
|---|---|---|
| Export bill regularisation, per shipping bill | ₹700 | 11th cheapest of 29 banks that publish it |
| e-BRC or BRC | Not published | Left out of the ordering rather than scored as free |
| FIRC or FIRA issuance | ₹250 | 18th cheapest of 30 banks that publish it |
| Inward remittance, per credit | Not published | Left out of the ordering rather than scored as free |
| Export bills on collection, entry tier | ₹700 | 9th cheapest of 35 banks that publish it |
| SWIFT, per message | ₹500 | 16th cheapest of 36 banks that publish it |
Punjab & Sind Bank does not sit in the cheapest five on any of the six heads measured here. A full annual figure cannot be built for this bank, because at least one of those heads is unpublished. See all 38 banks side by side.
What else does Punjab & Sind Bank's schedule say?
GST extra. Two official sources: (1) HTML forex sub-pages on the Service Charges page headed 'Revision/Rationalization of Service Charges in the Bank w.e.f 01.10.2026' (used as primary; values differ from the PDF, e.g. Export bills Rs 700/1,000 vs Rs 500/1,000, FIRC Rs 250 vs Rs 125); (2) undated 'Part - F' PDF still linked as 'Forex Service Charges'. The HTML 'Inward Remittances' and 'Miscellaneous Charges' (SWIFT, forward, penal) sub-pages return 404, so those values come from the Part-F PDF and are tagged [Part-F PDF]; they may have been revised. The 01.10.2026 date is 12 days after retrieval (19 Sep 2026), so it may be an upcoming revision. Old domain punjabandsindbank.co.in did not respond (502).
Where does this rate card come from?
| Provenance | Detail |
|---|---|
| Schedule date, as the bank prints it | Page heading: w.e.f 01.10.2026 |
| Bank type | Public sector |
| Checked | 19 September 2026 |
| Source document | Open Punjab & Sind Bank's published schedule |
The source document was re-downloaded from Punjab & Sind 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.
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Update history
- First published.