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Trade Helper Trade Forms International Trade Contracts International Trade Rules Claim, Unpaid Cases Ex-Import Procedure(to Way of Payment) L/C Abbreviation International Factoring Trade Forms Home > Helper > Trade Forms Full Cable L/C WEISSUEDIRREVOCABLECREDITNO. LC 0232/410901DATED OCT. 20. 1996 APPLICANT PFISTER & VOGEL INC. 320TH AVENUE, XXX N.Y. 1603, XXX BENEFICIARY HAWOO CORPORATION 159-1, SAM SUNG DONG, KANG NAM GU XXX, XXX AMOUNT US.DOLLAR 275,000.00 CREDIT AVAILABLE WITH ANY BANK BY NEGOTIATION DRAFT AT SIGHT FOR 100.00 PERCENT INVOICE VALUE DRAWN ON THE XXX BANK LTD XXX BRANCH, XXX N.Y. XXX EXPIRY DATE NOV. 19. 1996. NEGOTIATING BANKS COUNTER LATEST SHIPMENT NOV. 9. 1996 PARTIAL SHIPMENT ALLOWED TRANSSHIPMENT PROHIBITED SHIPMENT FROM XXX XXX TO XXX XXX BY DIRECT CONTAINER VESSEL COVERING 3,000 PCS OF LEATHER COATS AS PER OFFER NO. 1227 DATED OCT. 10. 1996. CIF XXX, XXX REQUIRED DOCUMENTS AS FOLLOWS - SIGNED COMMERCIAL INVOICE IN-2 COPIES - 2/3 SET CLEAN ON BOARD MARINE B/L MADE OUT TO ORDER OF PFISTER & VOGEL INC. MARKED FREIGHT PREPAID NOTIFY APPLICANT - INSURANCE POLICY/CERTIFICATE BLANK ENDORSED FOR 110% OF CIF VALUE WITH CLAIMS PAYABLE IN XXX IN THE CURRENCY OF THE DRAFT INSURANCE TO INCLUDE I.C.C.(A) WITH INSTITUTE WAR & SRCC CLAUSES - PACKING LIST IN 1 COPY - CERTIFICATE OF ORIGIN 1 COPY ALL BANKING CHARGES OUTSIDE XXX ARE FOR ACCOUNT OF BENEFICIARY. DOCUMENTS TO BE PRESENTED WITHIN 10 DAYS THE DATE OF ISSUANCE OF THE SHIPPING DOCUMENTS BUT WITHIN THE VALIDITY OF THE CREDIT SPECIAL INSTRUCTIONS: - T.T. REIMBURSEMENT IS NOT ACCEPTABLE - THIS CREDIT IS TRANSFERABLE 1) THE SHIPPING ADVICE TO THE ACCOUNTEE BY FACSIMILE IS REQURED 2) THE BENEFICIALYS CERTIFICATE CERTIFYING THAT ONE ORIGINAL B/L AND ONE FULL SET OF ALL NON NEGOTIABLE DOCUMENTS HAVE BEEN SENT DIRECTLY TO THE ACCOUNTEE BY COURIER SERVICE WITHIN 2 DAYS AFTER THE ISSUANCE OF B/L INSTRUCTIONS TO NEGOTIATING BANK : ALL DOCUMENTS TO BE SENT TO US IN ONE AIRMAILING SUBJECT TO U.C.P. 1993. ICC PUBLICATION NO. 500 THE DAI-ICHI KANKYO BANK. LTD. XXX BRANCH ADVICE OF DOCUMENTARY CREDIT BENEFICIARY MAIL TO TO DATE: JUL.15.1996 ALWAYS PLEASE QUOTE OUR ADVICE NO. A5701 607 00655 HAWOO CORPORATION. RE : EXPORT LETTER OF CREDIT OPENED BY THE BANK OF XXX, XXX FOR AMOUNT OF L/C NO. 09DC96070035 USD7,200,00 DATED JUL 12.1996 GENTLEMEN : WITHOUT ANY RESPONSIBILITY OR OBLIGATION ON THE PART OF THIS BANK. WE WISH TO ADVICE HAVING RECEIVED A LETTER/CABLE FROM THE ABOVE BANK CONTENTS OF WHICH ARE REPEATED ON THE ATTACHED COPY HEREOF. THE AMOUNT OF ANY DRAFT DRAWN UNDER THIS CREDIT IS TO BE INDORSED ON THE REVERSE SIDE HEREOF. PLEASE TAKE NOTE THAT THIS LETTER IS SOLELY AN ADVICE OF CREDIT OPENED BY THE ABOVE MENTIONED CORRESPONDENT AND CONVEYS NO ENGAGEMENT BY XXX. AND THAT THIS LETTER MUST ALWAYS ACCOMPANY THE PHOTO COPY OF MAIL ADVICE SINCE TWO ARE JOINTLY CONSTITUTING CREDIT INSTRUMENT. FROM TO DATE RE TEST : : : : : BANK OF XXX. LOS XXX DAI-ICHI XXX BANK LTD. XXX. XXX 960712 09DC96070035 XXXXXX ISSUE OF A DOCUMENTARY CREDIT FORM OF DOC. CREDIT DOC. CREDIT NUMBER DATE OF ISSUE EXPIRY APPLICANT BENEFICIARY AMOUNT AVAILABLE WITH/BY DRAFTS AT . . . DRAWEE PARTIAL SHIPMENTS TRANSSHIPMENT LOADING IN BOARD FOR TRANSPORT TO . . . LATEST DATE OF SHIP : : : : : : : : : : : : : : : : IRREVOCABLE 09DC96070035 960712 DATE 960830 PLACE XXX FISTER & VOGEL INC. XXX. XXX HAWOO CORP. C.P.O. BOX 1114 XXX. XXX USD7,200,00 ANY BANK BY NEGOTIATION SIGHT MARKED AS DRAWN UNDER THIS CREDIT ISSUING BANK PROHIBITED PROHIBITED S. xxx PORT xxx. xxx 960820 SHIPMENT OF GOODS   10,000 YARDS PRINTED SYNTHETIC FABRIC 44 \ABOUT 500 YARDS 100% ACRYLIC FAST COLOR AT USD0.72 /YARD CIF xxx IN U.S. CURRENCY DETAILS AS PER SALES CONTRACT NO. 123. DATED JUN 10. 1996 DOCUMENTS REQUIRED   AT LEAST IN TRIPLICATE UNLESS OTHERWISE SPECIFIED + SIGNED INVOICE INDICATING THIS DC NUMBER + FULL SET OF CLEAN ON BOARD OCEAN BILLS OF LADING MADE OUT OR ENDORSED TO OUR ORDER MARKED FREIGHT PREPAID NOTIFY APPLICANT INDICATING THIS DC NUMBER. + PACKING LIST + BENEFICIARY'S SIGNED CERTIFICATE CERTIFYING THAT SHIPMENT SAMPLES HAVE BEEN SENT DIRECTLY TO APPLICANT BEFORE SHIPMENT + SIGNED BENEFICIARY'S STATEMENT IN TRIPLICATE MUST BE SUBMITTED IF ANY PREVIOUS ISSUED AMENDMENT(S) EXISTS MENTIONING WHICH AMENDMENT(S) HAS/HAVE BEEN ACCEPTED AND WHICH AMENDMENT(S) HAS/HAVE NOT BEEN ACCEPTED UP TO THE DATE ON WHICH THE LATEST AMENDMENT WAS RECEIVED ADDITIONAL CONDITION :   + INSURANCE COVERED BY BUYER + FORWARDER'S SHIPPING CO. NOT ACCEPTABLE + A FEE OF USD25.00 FOR EACH PRESENTATION OF DOCUMENTS WITH DISCREPANCIES UNDER THIS DC IS FOR ACCOUNT OF BENEFICIARY AND WILL BE DEDUCTED FROM THE PROCEEDS NOTWITHSTANDING ANY INSTRUCTIONS TO THE CONTRARY DETAILS OF CHARGES :   + ALL BANKING CHARGES OUTSIDE HONG KONG AND THE T/T REMITTANCE EXPENSES FOR A/C OF BENEFICIARY PRESENTATION PERIOD :   DOCUMENTS TO BE PRESENTED WITHIN 10 DAY(S) AFTER THE DATE OF ISSUANCE OF THE TRANSPORT DOCUMENTS BUT WITHIN CREDIT VALIDITY CONFIRMATION : WITHOUT REM. INSTRUCTIONS :   + ALL DOCUMENTS MAY BE FORWARDED TO US IN ONE LOT BY REGISTERED AIRMAIL + UPON OUR RECEIPT OF DOCUMENTS IN ORDER, WE'LL REIMBURSE YOU IN ACCORDANCE WITH YOUR INSTRUCTIONS. MAIL CONFIRMATION WILL NOT FOLLOW THIS DOCUMENTARY CREDIT IS SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (1993 REVISION ) INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO. 500. KYOWA SAITAMA BANK XXX APRIL 17 1991 MSG. NO. AT63457 1 TEST (TESTED FOR JPY 6,749,461. ON APRIL 17 1991 ) 2 WE HEREBY ISSUE IRREVOCABLE DOCUMENTARY CREDIT AS FOLLOWS: 3 CREDIT NUMBER : LC 135-203996 4 APPLICANT : MOMOKAWA FOODS. INC. 5 10-4, 3-CHOME, TSUKIJI 6 CHUO-KU, XXX 7 BENEFICIARY : JIN YANG TRADING., LTD. 8 35, HAENG AM-DONG, JIN HAE-CI 9 KYUNG NAM, XXX. 10 AMOUNT JPY 6,749,461. 11 EXPIRY DATE FOR NEGOTIATION : 12 JUNE 10. 1991 XXX 13 THIS CREDIT IS AVAILABLE WITH 14 ANY BANK 15 BY NEGOTIATION OF BENEFICIARY'S DRAFTS AT SIGHT 16 FOR FULL INVOICE VALUE 17 DRAWN ON 18 THE KYOWA SAITAMA BANK. LTD. 19 H. O. (XXX) 20 PARTIAL SHIPMENTS ALLOWED 21 TRANSHIPMENT PROHIBITED 22 SHIPMENT FROM XXX PORTS 23 TO XXX PORTS 24 AT THE LATEST MAY 31, 1991 25 THE FOLLOWING DOCUMENTS REQUIRED 26 SIGNED COMMERCIAL INVOICE IN THREE COPIES INDICATIONG CREDIT NO. 27 AND IMPORT LICENSE NO. IL (1-10) AF (292) - 00010 28 FULL SET OF CLEAN ON BOARD MARINE BILLS OF LADING MADE OUT TO 29 ORDER AND BLANK ENDORSED "FREIGHT PREPAID" AND 30 "NOTIFY APPLICANT" 31 COVERING : 32 FROZEN SALTED MACKEREL 33 SPECIAL INSTRUCTIONS : 34 1. BUYER INSURES, 35 2. TELEGRAPHIC REIMBURSEMNT CLAIM ALLOWED BENEFICIARY'S COST 36 CHARGES : 37 ALL BANKING CHARGES OUTSIDE XXX, 38 INCLUDING REIMBURSEMENT 39 COMMISSIONS, ARE FOR ACCOUNT OF 40 BENEFICIARY, 41 INSTRUCTIONS TO NEGOTIATING BANK : 42 THE NEGOTIATING BANK MUST FORWARD THE DRAFTS AND ALL DOCUMENT BY 43 REGISTERED AIRMAIL DIRECT TO US IN TWO CONESECUTIVE LOTS. UPON 44 RECEIPT OF THE DRAFTS AND DOCUMENTS IN ORDER, WE WILL REMIT THE 45 PROCEEDS AS INSTRUCTED BY THE NEGOTIATING BANK. 46 IN CASE OF TELEGRAPHIC REIMBURSEMENT, WE WILL REMIT THE PROCEEDS 47 UPON RECEIPT OF THE INSTRUCTIONS FROM THE NEGOTIATING BANK. 48 ALL DRAFTS DRAWN HEREUNDER MUST INDICATE THE NUMBER, DATE OF 49 ISSUANCE AND NAME OF ISSUING BANK OF THIS CREDIT. 50 WE HEREBY ENGAGE WITH THE DRAWERS, ENDORSERS, AND BONY FIDE 51 HOLDERS OF DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH THE TERM 52 OF THIS CREDIT THAT SUCH DRAFTS WILL BE DULY HONORED UPON 53 PRESENTATION TO THE DRAWEE BANK. 54 THE AMOUNT OF EACH DRAWING HEREUNDER MUST BE ENDORSED ON THE 55 REVERSE HEREOF BY NEGOTIATING BANK. 56 THIS CREDIT IS SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR 57 DOCUMENTARY CREDITS (1983 REVISION), ICC PUBLICATION NO. 400 58 THIS CABLE IS TO BE THE OPERATIVE CREDIT INSTRUMENT. 59 THIS CREDIT OPENED ON APRIL 15, 1991 60 INSTRUCTIONS TO ADVISING BANK : 61 PLEASE ADVISE THIS CREDIT TO THE BENEFICIARY 62 WITHOUT ADDING YOUR CONFIRMATION. KSBTK

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