XXX EXCHANGE BANK
xxx, xxx
Cable Address : Exchbank
Telex Number : 6898
Place and date of Issue : xxx, May 20. 19xx |
IRREVOCABLE DOCUMENTARY CREDIT |
Credit number
M1801010NS67689 |
Date and place of expiry
September 20, 19xx in seattle
|
| Applicant |
Beneficiary |
Daejoon Moolsan Co., Ltd.
C.P.O. Box 6156 xxx, xxx |
xxxx International
576 Industry Drive, xxx, Wa 98188 xxx |
| ADdvising Bank |
Amount |
Seattle-First National Bank
Seattle, xxx, xxx
|
U.S. Dollars one million only
(US $ 1,000,000)
|
Partial shipments
O x allowed O not allow |
Transhipment
O allowed x not allowed |
Credit available with by
O sight payment
O deferred payment at
O acceptance
x negotiation
against presentation of the
documents listed below, market "X"
x and of beneficiary's(s) in
duplicate at sight
drawn on Bank of xxx, xxx |
Loading on board/dispatch/taking in
charge from/at ; Seattle
not latter than September 10, 19xx
for transportation to xxx |
O Signed commercial invoice in quintuplicate
O Full set of clean on board ocean bills of lading made out to the order of XXX EXCHANGE
BANK marked Freight prepaid and Notify accountee
O Airway bill consigned to XXX EXCHANGE BANK marked Freight and Notify
O Insurance policy or certificate in duplicate, endorsed in blank for 110% of the invoice value.
expressly stipulating that claims are payable in Korea and it must include the Institute Cargo
Clause(A/R)
O Packing list in triplicate
Covering 1,000 cased of cashmere woll yarn xxx origin @US$1,000 CIF xxx
Special conditions and other required documents(if any) |
| Unless otherwise expressly stated all banking commissions and charges outside issuing country are for account of beneficiary |
| Documents to be presented within 10 days after the date of issuance of the transport documents but within the validity of the credit. |
| All documents must be forwarded to issuing bank in two lot(s) by registered airmail |
We hereby issue this Documentary Credit in your favor. Except so far as otherwise expressly stated herein, this credit is subject to the Uniform Customs and Practice for Documentary Credit(1993 Revision, International Chamber of Commerce, Paris, France, Publication No. 500) and engages us in accordance with the terms thereof.
The number and the date of the credit and the name of our bank must be quoted on all drafts required. If the credit is available by negotiation, each presentation must be noted on the reverse of this advice by the bank where the credit is available. |
REIMBURSEMENT the negotiating bank is authorized to reimburse itself by sending beneficiary's drafts to the above drawee bank,
Authorized signature |
Advising bank's notification |
| Advice No and date |
| Authorized signature |
Trade Helper 
Trade Forms
Irrevocable Document Credit 
2006 - 2011 tradegoods.com All right reserved