GENERAL/ MISCELLANEOUS CIRCULARS

Service Charges Related to Foreign Exchange Transaction

By TEAM CIRCULAR EXPRESS • 14 Nov 2026
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This circular details the revised service charges for foreign exchange transactions at Union Bank of India, effective from 12-11-2026. It covers fees for:
• Export Letters of Credit (advising, amendment, transfer, cancellation, and confirmation)
• Declaration of exports and reporting to EDPMS
• Export collections and free of payment bills
• Post-shipment finance and pre-shipment packing credit extensions
Name of Bank
Union Bank of India
purpose of issuance
Notification of revised service charges for foreign exchange transactions
Most Important Details
The document outlines specific fee structures for export-related banking services, including Letters of Credit, export collections, and post-shipment finance, effective from 12-11-2026. Charges are exclusive of GST and other taxes.
issue for which issued
Revision of forex service charges
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