By Samachar Vishesh News
Chandigarh 26th
July:- Country’s largest lender, State Bank of India (SBI) has
rationalized their export related service charges. This has been done to
improve the ease of doing business and provide clear visibility of cost
structure to exporters. While revising the charges, SBI has taken into
consideration the views/representations from various export promotion councils.
The revised service charges will be
payable upfront once in a year as against existing practice of collecting
multiple charges for every transaction. This will result in bringing about
operational conveniences to the exporters. SBI expects that the revised charges
will help the exporter community at large and will help in improving the
exports. The revised charges are effective from September 1, 2019.
The revised charges can be seen in
the link below:
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