TO: BANK OF CHINA TANGSHAN BRANCH,CHINA
IRREVOCABLE DOCUMENTARY CREDIT NO.13-385
FOR THE ACCOUNT OF HONGYAN TRADING CO, LTD., HONGKONG. 311 SOUTH BRIDGE STREET, HONGKONG.
DEAR SIRS:WE OPEN AN IRREVOCABLE DOCUMENTARY CREDIT IN FAVOUR OF TANGSHAN FOREIGN TRADE IMP.AND EXP. CO. 188 WEIGUO ROAD TANGSHAN, CHINA.FOR A SUM OF USD1000000.00 AVAILABLE BY THE BENEFICIARY’S DRAFT(S) AT SIGHT DRAWN ON APPLICANT BEARING THE CLAUSE:
“DRAWN UNDER NANYANG COMMERCIAL BANK LTD., HONGKONG. DOCUMENTARY CREDIT NO.13-385 DTAED IST MARCH,2013.”ACCOMPANIED BY THE FOLLOWING DOCUMETNS:
(1) 3/3 ORIGNAL + 3NN COPIES CLEAN ON BOARD BILL OF LADINGMADE OUT TO ORDER OF APPLICANT AND MARKEDFREIGHT PREPAID .
(2) INSURANCE POLICY/ CERTIFICATE IN DUPLICATE IN FAVOUR OF NANYANG COMMERCIAL BANK LTD., HONGKONG FOR 100% OF THE INVOICE VALUE BLANK ENDORSED.COVERING P.I.C.C OCEAN MARINE CARGO CLAUSES(W.A) AND WAR RISKS DATED 1st JANUARY,1981.INCLUDING WAREHOUSE TO WAREHOUSE CLAUSE UP TO FINAL DESTINATON AT DUBA
(3) CERTIFICATE FO ORIGIN ISSUED BY TANGSHAN IMPORT AND EXPORT COMMODITY INSPECTION BUREAU OF THE PEOPLE’S REPUBLIC OF CHINA IN TRIPLICATE. EVIDENCING SHIPMENT OF THE FOLLOWING MERCHANDISE:
AIR CONDITIONER(HUALING BRAND),10000PCS KW-23GW AND 10000 PCS KW-25GW, PACKING:IN CARTON BOX,50 KILOS NET EACH CARTON,3PC/CARTON,@HKD50.00,CIF DUBAI VIA HONGKONG,PARTIAL SHIPMENT AND TRANSSHIPMENT PROHIBITED. LATEST DATE FOR SHIPMENT: 30TH APRIL,2014. EXPIRY DATE:15TH MAY,2014.IN PLACE OF OPENER FOR NEGOTIATION. WITH 5 % MORE OR LESS BOTH IN AMOUNT AN QUANTILY ALLOWED AT THE SELLER’S OPTION.
OTHER TERMS AND CONDITIONS:
SHIPPER MUST SEND ONE COPIES OF SHIPPING DOCUMENTS DIRECT TO BUYER AND CERTIFICATE TO THIS EFFECT IS REQUIRED.
审核结果：
（1）HONGYAN 错误，应为HONGYANG。
（2）WEIGUO ROAD改为JIANSHE ROAD。
（3）总金额币别错误，应为HKD而不是USD。
（4）议付地在国外不妥，应改为国内。
（5）转运规定与合同不符，应为ALLOWED，而不是NOT ALLOWED。
（6）CIFDUBAI改为CFRDUBAI 。
（7）3PC/CARTON应改为2PC PER CARTON。
（8）溢短装幅度5%错误，应为10%。
（9）DRAWN ON APPLICANT不对，应改为DRAWN ON US
（10））3天的交单时间太短，建议改为15天
（11）CFR术语中应由买方办理保险，因此应删除要求卖方提供保险单的要求
2.根据提供的外销合同对信用证进行审核并提出修改信用证的意见。
Signed at: Shanghai, China
The undersigned Seller and Buyer have agreed to close the following transactions according to the terms and conditions stipulated bellow:
Packing:In Cartons
Shipping Mark: A.E.
CHITTAGONG
Time of
shipment:
During May, 2008
Partial Shipment and Transshipment are allowed.
Insurance: To be effected by the buyer
Terms of Payment:he Buyer shall open through a bank acceptable to the Seller an Irrevocable Sight Letter of Credit to reach the Sellers 30 days before the month of shipment .Valid for negotiation in China until the 15th day after the month of shipment.
The Seller:
SHANGHAI SHENG DA CO., LTD
The Buyer:
ALFAGA
ENTERPRISE
LETTER OF CREDIT
SEQUENCE OF TOTAL 27: 1 / 1
FORM OF DOC. CREDIT 40 A: IRREVOCABLE DOC. CREDIT NUMBER 20: 06660801
DATE OF ISSUE 31 C: FEBRUARY 24,2008 APPLICABLE RULES 40 E: UCP LATEST VERSION
