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Commission in Lieu of Exchange

Where a PC has been granted against LC/EXPORT order but the documents under the relative LC/EXPORT order are negotiated/Purchased through another bank

 0.15% Min Rs.500/- and Max Rs.5000/-

Where Proceeds of an export bill Negotiated/Purchased are paid in foreign currency to another bank

0.15% Min Rs.500/- and Max Rs.7500/-

Export Proceeds credited to EEFC A/C ( to be charged from customer’s account at the time of the transaction)

₹500 Flat

Note:  A concession of 50% in Commission shall be given to Staff/Ex-staff up to a maximum (cumulative value) ceiling of USD 25000 in a Financial Year.


“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”