​​
​LC'S & LG'S

Import - letters of credit

TypeApproved Fees                       
Establishing Foreign Credits1/8% monthly  Min. three months, a limit of KD 30/-
Local/Clean3/4%  Min. three months, 1/4% monthly or Min. of KD 40/-
Standby3/4%  Min. three months, 1/4% monthly or Min. of KD 40/-
Transferable1/4%  flat per transaction, KD 15/- Min. for total transfer, Min. KD 20/- for partial transfer
Revolving1/4% for the first three months then 1/12 %on the nominal value of LC for the entire validity period, Min. KD 30/-
Acceptance of L/C1/8% per month, Min. KD 20/-