Current Account Trade

Current Account Trade

Current Account Trade

Zero-balance current account for cross border transactions.

Deutsche Bank AG, India now brings you Current Account Trade - a one-stop account that will take care of all your trading requirements across 74 countries.

Overview

Current Account Trade  gives you the extra-edge that caters to your need to succeed in today’s challenging cross-border business scenario.

Open an account today and enjoy the trade specific advantages like vast network, swift documentation, a dedicated Relationship Manager and much more.

Variants of Current Account Trade:

Account Type Quarterly Volume*

 Current Account Trade Gold 

 

INR 7.5 Million

 

 Current Account Trade Silver 

 

INR 2.5 Million

 

* Transactions eligible for calculation of Quarterly volume are:
• Inward bills for collection & Outward bills for collection (Cross border & Domestic)
• Inward & Outward Remittance

Apply Now

# Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at 6601 6601. Call charges apply.

Benefits

  • Extensive Deutsche Bank network spread across 74 countries
  • Swift processing of documents and speedy remittances
  • No minimum-balance maintenance requirement
  • Adjustment of excess volume allowed in subsequent quarters
  • Trade advisory services to help you evaluate opportunities and risks including hedges
  • Competitive charges on Trade transactions with the value-added benefits of a Current Account
  • Dedicated Relationship Manager
  • Host of Trade Services and Forex benefits on offer

Current Account Trade comes with a host of trade services customized to your banking needs. For the list of the trade services, click here.

Apply Now

# Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at 6601 6601. Call charges apply.

Value-added services

  • Free of charge monthly limits on outstation cheque collections
  • Free of charge monthly limits on DD and Pay-order issuance
  • Free of charge NEFT and RTGS facilities
  • Doorstep Banking - receive or deposit cash and cheques at your office or home
  • db OnlineBanking access to view your account information anytime, anywhere
  • 24/7 Phone Banking support for any query

Apply Now

# Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at 6601 6601. Call charges apply.

Schedule of charges

w.e.f April 01, 2009

Current Account Trade Silver (CA022) Current Account Trade Gold (CA023)
EXIM Facilities   Charge   Minimum   Charge

 

 
Minimum

 

 
EXPORTS         

Export Bills for collection

 

0.05%

 

1000

 

0.04%

 

750

 

Export LC Advising*

 

1200

 
 

900

 
 

Advising LC Amendments

 

1200

 
 

900

 
 

LC Transfer

 

2500

 
 

2000

 
 

LC Confirmation

 

Based on Country / Bank Risk

 
 

Based on Country / Bank Risk

 
 

Issuance of GR Waiver

 

2000

 
 

1500

 
 

Remittance of Agency commission

 

0.15%

 

1400

 

0.10%

 

1000

 

Overdue Commission on Export Bills

 

500 p.q.; 200 p.m. thereafter

 
 

300 p.q; 150 p.m. thereafter

 
 
IMPORTS         

Import Bills for collection

 

0.125%

 

1000

 

 0.10%

 

750

 

Direct Import Bills

 

0.10%

 

1000

 

0.07%

 

750

 

Import Bills under LC

 

0.125%

 

1200

 

0.10%

 

1000

 

LC Issuance

 

0.15% p.q.

 

2500

 

0.10% p.q.

 

2200

 

LC Handling Fee

 

1500

 
 

1200

 
 

LC Amendment (For value / Tenor)

 

0.15% p.q. on enhanced value / tenor

 

1500

 

0.10% p.q. on enhanced value / tenor

 

1000

 

LC Amendment - Others

 

1500

 
 

1000

 
 

Issuance of Delivery Order

 

1500

 
 

1000

 
 

Overdue Commission on Import Bills

 

500 p.q.; 200 p.m. thereafter

 
 

300 p.q; 150 p.m. thereafter

 
 
INLAND         

Document Handling

 

0.20%

 

1800

 

0.15%

 

1200

 

LC advising

 

1500

 
 

1200

 
 

LC Issuance

 

0.15% p.q.

 

2500

 

0.10% p.q.

 

2200

 

LC Handling Fee

 

1500

 
 

1200

 
 

LC Confirmation

 

Based on Bank Risk

 
 

Based on Bank Risk

 
 
GUARANTEES         

Guarantee Issuance

 

1.25% p.a.

 

5000

 

1.0% p.a.

 

5000

 

Handling Charge

 

2000

 
 

1500

 
 

BG Amendment (For value / Tenor)

 

1.25% p.a. on enhanced value / tenor

 

1500

 

1.0% p.a. on enhanced value / tenor

 

1000

 

BG Amendment - Others

 

1500

 
 

1000

 
 

Claim Settlement

 

0.15%

 

1200

 

0.10%

 

1000

 

Claim Settlement - Handling Charge

 

500

 
 

300

 
 
OTHERS         

Penalty charges for Non maintenance of QTP

 

QTP INR 1.5 mn to 2.5 mn : 3000 p.q.
Less than INR 1.5 mn : 4000 p.q.

 
 

QTP INR 5 mn to 7.5 mn : 4000 p.q.
Less than INR 5 mn : 5000 p.q.

 
 

Non Trade outward remittance

 

600

 
 

450

 
 

SWIFT Charges

 

600

 
 

450

 
 

Courier 

 

600

 
 

300

 
 

Postage

 

300

 
 

150

 
 

FIRC Issuance

 

100

 
 

Free

 
 

BRC Issuance

 

 Free

 
 

Free

 
 

Commission in lieu of exchange

 

0.15%

 

Min. Rs.800; Max. Rs. 2000

 

0.10%

 

Min. Rs.600; Max. Rs. 1500

 

SWIFT LC

 

1500

 
 

1000

 
 

LC - Courier

 

1200

 
 

1000

 
 

Fees for Applications to RBI

 

800

 
 

500

 
 

Forex conversion charge

 

100

 
 

100

 
 
CHEQUE BOOK, CONSOLIDATED STATEMENT         

Payable at Par Cheque Book issuance & utilization

 

Free 

 
 

Free

 
 

Duplicate Statement

 

Rs.75 per cycle

 
 

Rs.75 per cycle

 
 
CHEQUE RETURN AND STOP PAYMENT         

Cheque Issued and Returned - Financial Reasons (per instrument)

 

Rs. 350

 
 

Rs. 350

 
 

Cheque issued and returned - Technical Reasons (per instrument)

 

Free

 
 

Free

 
 

Cheque Deposited and Returned

 

Rs. 100 per cheque

 
 

Rs. 100 per cheque

 
 

Stop Payment - Single Cheque 

 

Rs.100 (Rs. 50 if request received through internet banking or phone banking)

 
 

Rs.100 (Rs. 50 if request received through internet banking or phone banking)

 
 

Stop Payment - Range of Cheques 

 

Rs.200 (Rs. 100 if request received through internet banking or phone banking)

 
 

Rs.200 (Rs. 100 if request received through internet banking or phone banking)

 
 

INTERNATIONAL ATM CUM DEBIT CARD

 
       

International Gold Debit Card - Annual Fees 

 

Rs.500 per annum

 
 

Free

 
 

Replacement of Damaged International Debit Card

 

Free

 
 

Free

 
 

Replacement of Lost / Stolen International Debit Card (Gold / Classic) per annum

 

Free

 
 

Free

 
 

Regeneration of Duplicate PIN

 

Free

 
 

Free

 
 

ATM Withdrawal Limit Per Day 

 

Rs. 75,000

 
 

Rs. 1 lac

 
 

Cash Withdrawal & Balance Enquiry(Domestic)

 

Free

 
 

Free

 
 

International Cash Withdrawal***

 

Free Transaction on Global ATM Alliance Network** ATMs.; Other ATMs Rs.115per Transaction.

 
 

Free Transaction on Global ATM Alliance Network** ATMs.; Other ATMs Rs.115per Transaction.

 
 

International Balance Enquiry (per  transaction)

 

Rs. 50

 
 

Rs. 50

 
 
DEMAND DRAFT, PAY ORDER AND CHEQUE COLLECTION         

Demand Drafts on Deutsche Bank Locations 

 

Free of charge upto Rs. 25 Lacs pm; Above the Free Limit Rs.2.50 per Rs.1,000; (Min Rs.150 - Max Rs.5,000)

 
 

Free of charge upto Rs. 55 Lacs pm; Above the Free Limit Rs.2.50 per Rs.1,000; (Min Rs.150 - Max Rs.5,000)

 
 

Demand Drafts on Non - Deutsche Bank Locations 

 

Free of charge upto Rs. 25 Lacs pm;  Above the Free Limit Rs.2.50 per Rs.1,000; (Min Rs.150 - Max Rs.5,000)

 
 

Free of charge upto Rs. 55 Lacs pm; Above the Free Limit Rs. 2.50 per Rs.1,000; (Min Rs.150 - Max Rs.5,000)

 
 

Pay Order 

 

Free of charge upto Rs. 15 Lacs pm; Above the Free Limit Rs. 2.50 per Rs.1,000; (Min Rs.150 - Max Rs.5,000)

 
 

Free of charge upto Rs. 25 Lacs Free pm; Above the Free Limit Rs. 2.50 per Rs.1,000; (Min Rs.150 - Max Rs.5,000)

 
 

Foreign Currency Demand Draft (per instrument) 

 

Rs. 200

 
 

 Rs. 200

 
 

Demand Draft / Pay Order Cancellation / Revalidation / Duplicate (per instrument) 

 

Rs.125

 
 

Rs.125

 
 

Outstation Cheque Collection at Deutsche Bank  Branch Locations 

 

Free of charge upto Rs. 25 Lacs pm; Above the free limit Rs 150 per instrument

 
 

Free of charge upto Rs. 75 Lacs pm; Above the free limit Rs 150 per instrument

 
 

Outstation Cheque Collection at  Non - Deutsche Bank Branch Locations 

 

Up to Rs. 10,000 – Rs. 50 per instrument;
Rs. 10,000 to Rs. 1,00,000 - Rs. 100 per instrument;
Rs.1,00,001 and above - Rs.150 per instrument

 
 

Up to Rs. 10,000 – Rs. 50 per instrument;
Rs. 10,000 to Rs. 1,00,000 - Rs. 100 per instrument;
Rs.1,00,001 and above - Rs.150 per instrument

 
 
RBI NEFT         

RTGS

 

Rs. 1 to 5 lacs – Rs. 25 per transaction; Rs. 5 lacs and above – Rs. 50 per transaction

 
 

Free of charge

 
 

Foreign Currency Cheque Collection

 

0.50% (Min Rs.150 and Max Rs.2,500)

 
 

0.50% (Min Rs.150 and Max Rs.2,500)

 
 

Outward Remittance ( Non - Trade ) per transaction

 

Rs. 600

 
 

Rs. 600

 
 
DOOR STEP BANKING         

Cash/Cheque Pickup/Cash Delivery

 

Rs. 150 per visit

 
 

Rs. 150 per visit

 
 
ANY BRANCH BANKING         

Cash Deposit / Withdrawal (Non - Domicile branch)  

 

Free of charge upto Rs.1 Lac per day; Above the free limit Rs.2.25 per Rs.1000.

 
 

Free of charge upto Rs.1.50 Lac per day; Above the free limit Rs.2.25 per Rs.1000.

 
 
OTHER ACCOUNT RELATED         

Standing Instruction Set-up (per instruction)

 

Rs. 75

 
 

Rs. 75

 
 

Standing Instruction Failure (per instrument)

 

Rs. 350

 
 

Rs. 350

 
 

Account Closure (Within 6 months of Account Opening)

 

Rs. 1000

 
 

Rs. 1000

 
 

Activation of Dormant Account

 

 Free of charge

 
 

Free of charge

 
 

ECS debit instructions issued by customer and returned unpaid (per instrument)

 

Rs. 350

 
 

Rs. 350

 
 
BALANCE CERTIFICATE, INTEREST CERTIFICATE AND BANKERS REPORT         

Certificate Issuance / Retrieval of old document

 

Rs. 100

 
 

Rs. 100

 
 

Remittances should be sent to SWIFT Id DEUTINBBPBC
*Inward LCs should be transmitted at the SWIFT Id DEUTINBB
Service Tax and Educational Cess as applicable will be levied
These Service Charges are subject to change as per Bank's policies

** Global ATM Alliance includes Deutsche Bank ATM worldwide, Bank of America in USA, Scotia Bank in Canada, Chile, Mexico and Caribbean Islands, BNP Paribas in France, Barclays Bank in UK and Africa, Westpac in Australia, New Zealand and South Pacific
*** A currency conversion mark-up of 3.5% will be applicable on all international transactions - ATM & Point of Sale
Petrol Surcharge waiver is applicable only on Deutsche Bank Gold Debit cards
The maximum petrol surcharge waiver per Deutsche Bank Gold Debit card in a calendar month will be restricted to Rs. 250/-
In case customer has crossed the threshold of Rs. 250/- in a calendar month, his/her account will be debited for the differential amount in the same month or in the subsequent month at the discretion of the bank. In case sufficient balance is not available in the A/c to absorb the debit, in addition to exercise of other rights of the bank, a lien will be marked in the customer's A/c and the debit will be posted as and when balance is available.
Demand Draft / Pay Order charges to be applicable only on the incremental amounts
Service Tax and Educational Cess as applicable will be levied
These Service Charges are subject to change as per Bank's policies

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Disclaimer: The facilities/products referred in this communication are subject to the general business conditions of Deutsche Bank AG, India (“Bank”), other terms and conditions applicable to these facilities/products and relevant statutory regulations. The final decision to offer these facilities/products shall be at the sole discretion of the Bank. The Bank may request any additional documents/information from the applicants to determine the applicant's eligibility for any facility/product and to take appropriate credit exposure decision. The Bank makes no representation or warranty, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness, viability for any particular purpose or completeness of the information herein and is not responsible for any errors or omissions in or for results obtained from the use of such information. The above information is only a summary of the product features and it may not contain all material information.