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Fees & Transaction Charges

Schedule of Charges w.e.f. 1st October, 2014
 

All Members of CCIL Trade Repository are hereby notified that following schedule of charges shall be levied on all Inter-bank OTC Forex Derivatives Trades reported to CCIL w.e.f 1st October, 2014. 

Sr. No.
Particulars
Charges
1)
NEW TRADE PROCESSING FEES
a)
Forex Forwards Rs. 100 per new trade (both outright and forward leg of swap trades) on matched basis in FCY-INR and FCY-FCY Forwards instruments. A trade shall be charged when it gets matched in CCIL - TR. There shall be no charges for subsequent amendments and cancellations.
b)
Other Derivatives Trades Rs. 200 per new trade on matched basis in all other OTC Forex Derivative instruments processed in TR i.e. FCY-INR and FCY-FCY Currency Options, Currency Swaps, FCY Interest Rate Swaps and FCY Forward Rate Agreements. A trade shall be charged when it gets matched in CCIL-TR. There shall be no charges for subsequent amendments, cancellations and reversals. In respect of Currency Options, a strategy shall be charged as a single trade regardless of the number of the trades within the strategy.
2)
ANNUAL MAINTENANCE FEE Rs.100 per outstanding trade on matched basis in FCY-INR and FCY-FCY Currency Options, Currency Swaps and FCY Interest Rate Swaps and Forward Rate Agreements. In respect of Currency Options, an outstanding strategy shall be considered to be a single outstanding trade regardless of the number of trades within the strategy. The number of outstanding trades will be computed as the yearly average of the number of outstanding trades at the end of each month. The annual maintenance fee will be computed at the end of every financial year. There is no Annual Maintenance fee applicable for Interbank Forward trades.
3)
ANNUAL MEMBERSHIP FEE Rs.20,000 per member of the OTC Forex Derivatives Trade repository payable at the beginning (i.e. on April 1st) of every financial year.

Note:

a) GST shall be applicable for all the above charges.
b) Member bills for New Trade Processing fee shall be raised at the end of every month and shall be payable by 10th day (or the next business day if 10th happens to be a holiday) of the subsequent month.
c) Member bills for Annual Maintenance fee shall be raised at the end of every Financial Year and shall be payable by 10th day (or the next business day if 10th happens to be a holiday) of the first month of subsequent financial year. 
d) The Annual Membership Fee for the next financial year shall be raised at the beginning of the first month of the financial year and shall be payable by 10th day of the same month. 
Schedule of Charges w.e.f. 1st May, 2018
 

All members of CCIL Trade Repository are hereby notified that following schedule of charges shall be levied on all OTC Derivatives Client trades reported to CCIL w.e.f. 1st May, 2018.

Sr. No.
Particulars
Charges
1)
NEW TRADE PROCESSING FEES – REPORTING CHARGES
a)
Forex Forwards

i) Rs.100/- per trade for all new FCY Forwards
ii) Slab wise charges for FCY-INR Forwards as follows:

  • Trades with value upto FCY 10,000 – Rs.25/-
  • Trades with value greater than FCY 10,000 - 100,000 – Rs.50.
  • Trades with value greater than FCY 100,000 and up to FCY 250,000 – Rs.75/-
  • Trades with value greater than FCY 250,000 - Rs.100/-

There shall be no charges for subsequent amendments, cancellations, reversals and partial reversals.
b)
Other Derivative Trades

Rs.200/- per new trade in all other OTC derivative instruments processed in TR i.e. Currency Options (FCY-INR & FCY-FCY), Cross Currency Swaps (FCY-INR & FCY-FCY), FCY Interest Rate Swaps & Forward Rate Agreement and INR Interest Rate Swaps.

There shall be no charges for subsequent amendments, cancellations, reversals and partial reversals. In respect of Currency Options, a strategy shall be charged as single trade regardless of the number of trades reported within the strategy.
2)
ANNUAL MAINTENANCE FEE

i) Rs.100/- per outstanding reported trades in Currency Options (FCY-INR & FCY-FCY), Cross Currency Swaps (FCY-INR & FCY-FCY), FCY- Interest Rate Swaps & Forward Rate Agreement and INR Interest Rate Swaps.
ii) In respect of Currency Options, a strategy shall be charged as single trade regardless of the number of trades reported within the strategy.
iii) The number of outstanding trades will be computed as the yearly average of the number of outstanding trades at the end of each month.

The Annual Maintenance fee will be computed and generated at the end of each financial year for all members of TR.

Note:

  • GST shall be applicable for all the above charges.
  • Separate member bills for New Trade Processing fee in respect of client trades shall be raised at the end of every month and shall be payable by 10th day (or the next business day if 10th happens to be a holiday) of the subsequent month.
  • Separate member bills for Annual Maintenance fee for client trades reported shall be raised at the end of every Financial Year and shall be payable by 10th day (or the next business day if 10th happens to be a holiday) of the first month of subsequent financial year.

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