| Type of Fees | Client Fees Retail | Description | Sample Computation |
| Ph Government Securities | FV Php1Mn | ||
| Broker Fees | 12.5bps | Commission charges of RCBC; Charged based on Face Value (FV) of each trade (p.a. if less than 1year); or min of Php500 | (1) FV 1Mn x 0.00125 = 1,250.00 (2) Less than 1yr = FV1Mn x 0.00125 x 180/360 = 625.00 |
| Bid-Thru Fees | 12.5bps | Charged to allow investors to participate in primary issuances (i.e. Tbills and FXTNs) Min amount of Php10mn | FV Php10Mn x 0.00125 = 12,500.00 |
| Php Corporate Securities | |||
| Broker Fees (Primary Market) | 15bps | Commission charged to allow investors to participate in the primary issuances | FV 1Mn x 0.0015 = 1,500.00 |
| Broker Fees (Secondary Market) | 15bps | Commission charges of RCBC; Charged based on Face Value (FV) of each trade (p.a. if less than 1yr); or min of Php500 | (1) FV 1Mn x 0.0015 = 1,500.00 (2) Less than 1yr = FV1Mnx0.0015x180/360 = 750.00 |
| Foreign Currency Denominated Bonds | |||
| Custody Fee | 2.5bps p.a. | Charged by Landbank Trust for maintaining a Broker managed security arrangment as supported by Client's SPA | FV1Mnx0.00025 = 250.00 (if held for at least 1yr) |
| LBP Transaction Fee | $15 or $18 | Charged by Landbank Trust for each USD bond transaction (deliver and receive of securities); $15 for securities issued uner Core Market (securities issued in US, Australia, France, Germany, Italy, UK, Netherlands) or $18 for securities issued other than the Core Market | |
| Bid-thru Fees | 25bps | Charged to allow investors to participate in the primary issuances (i.e. ROPs, other Sovereign and Corporate Bonds) | FV USD 100k x 0.0025 = $250.00 |
| Broker Fees - non-QIB | 25bps | Commission charges of RCBC; Charged based on Face Value (FV) of each trade. | FV USD 100k x 0.0025 = $250.00 |
| Transaction Spread - QIBs | As applicable | Bank may be able to buy or sell the bonds at a lower or higher price depending on market conditions versus client traded price | |
| Broker Fees - Below Min Trading amount | $50 or 25bps of FV |
Commission charges of RCBC on securities being traded below the minimum tradable amount. This applies mostly on securities previously bought from the bank (but currently specified as illiquid by the bank) and being sold back to the market. Minimum of $50; or 25bps of FV whichever is higher. | FV Usd 25k x 0.0025 = $62.50 |
| US Treasury Bills (Min of $50,000.00 Face Value) | |||
| Broker Fees ($50k - 199,999.99) | 25bps | Commission charges of RCBC; Charged based on Face Value (FV) of each trade (pro-rated based on tenor); or min of $50.00 | Less than 1yr = FV50k x 0.0025 x 180/360 = $62.50 |
| Broker Fees ($200k - 999,999.99) | 25bps | Commission charges of RCBC; Charged based on Face Value (FV) of each trade (pro-rated based on tenor); or min of $50.00 | Less than 1yr = FV200k x 0.0025 x 180/360 = $250.00 |
| Broker Fees ($1Mn and up) | 25bps of $1mn | Commission charges of RCBC; Charged based on Face Value (FV) of each trade (capped at 25bps of $1Mn) | Less than 1yr FV3Mn = $1Mn x 0.0025 x 180/360 = $1,250.00 |
| Transfer of Securities | Php250.00 or $5.00 |
Fees charged for transfering securities to/from other banks, for both Php and FCDU (charged per security) | |
