Welcome to TRADEGOODS.COM

Home | Contact Us

Goods Search :

Home		Login		Register Procedure		Register		Renew		Recover		Change		Goods search

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

Negotiation L/C

xxxxx Exchange Bank
xxxx, xxxx Original
Cable Address : Instbank Telex Number : 6809S xxxx, June 10.19xx

Irrevocable Documentary Credit

Credit Number

of Issuing Bank
M1810510NS11111

of Advising Bank
101

Advising Bank

Application

Seattle-First National Bank
xxxx, xxxxx, xxxx

Daejoon Moolsan Co., Ltd.
C.P.C. Box 6156 xxxx, xxxx

Advising Bank

Amount

America International
576 Industony Drive, xxxxx Wa, 98188
U.S.A.

U.S. Dollars One Million Only
(U $ 1,000,000)

Expiry

Date September 20,19xx
in Seattle for negotiation

Dear sir(s),
We hereby issue in your favour this documentary credit which is available by negotiation of your draft at xxx sight drawn on the Chase xxxxx Bank, xxxxxxx, N.Y.
bearing the clause: "drawn under documentary credit No. M1901510NS11111 of xxxxx Exchange Bank," accompanied by following documents marked "X"
(X) Full set of clean on board ocean bills of lading issued to the order of xxxxx Exchange Bank marked "Freight Collect" and "Notify Accountee."
(X) signed commercial invoice in quintuplicate.
(X) Packing list in duplicate.
O Other documents required:
Covering 1,000 Cases of Cashmere Wool Yarn, xxxx Origin @U4 1,000 F.O.B.
Settle.

Documents must be presented within 10 days after the date of issuance of bills of lading or other transport documents.

Despatch/Shipment from xxxx
to xxxxx Latest: September 10,19xx

Partial Shipments
allowed

Transhipments
allowed

Special Conditions:

We hereby engage with drawers, and/or bona fide holders that drafts drawn and negotiated in conformity with the terms of this credit will be duly honoured on presentation and that drafts accepted within the terms of this credit will be duly honoured at maturity. The amount of each draft must be endorsed on the reverse of this credit by the negotiating bank

Yours faithfully,
xxxx Exchange bank
Authorized Signature

Advising Bank's Notification

Place, Date, Name and Signature of
the Advising Bank

IRREVOCABLE

Seattle-First National Bank

CREDIT NO. 41941

Seattle, Washington
August 20,19 -

AMT. US $ 20,000.00

Eastern Textiles, Limited
Victoria Road, Kowloon
xxxxx

SPECIMEN

GENTLEMEN:
We HEREBY AUTHORIZE..............YOU.............................................
TO VALUE ON.......... Seattle-First National Bank, Main Office, xxxx, xxxx
FOR ACCOUNT OF............ Northwest Importing Co., xxxxx, xxxxx...................
TO THE EXTENT OF............TWENTY THOUSAND AND NO/100 U. S. DOLLARS.................
AVAILABLE BY DRAFTS AT.......................Sight...........................ACCOMPANIED BY

(a)	Commercial Invoice in quadruplicate noting weight of Rayon in each garment containing Rayon, & showing "Cost of production value for duty purposes."
(b)	Full set Clean On Board Bills of Lading dated not later than October 5,19 - issued to order of Seattle-First National Bank, xxxx, xxxx - Notify Northwest Importing Co., xxx, xxxxx.
(c)	Special Customs Invoice and one copy (original to be mailed with merchandise in case of air shipment).
(d)	Detailed Packing Lists, noting contents of each package.
(e)	Duplicate copies of Certificates of Non-Communist Origin which must be issued by Dept. of Commerce & Industry in accordance with Foreign Assets Control of xxxxx Treasury Dept. (Original to be mailed in case of air shipment, with merchandise).

EVIDENCING SHIPMENT OF

MANUFACTURED SILK, RAYON GOODS AND COTTON GOODS - F.O.B. Vessel/Airplane xxxxxx -Partial shipments permitted -Canadian Customs Invoice required for shipments to xxxx, any unused balance can be utilized under Letters of Credit subsequently issued by Seattle-First National Bank, xxxx, xxxx, if within the expiration date of this Credit.

FROM......... xxxxx.......... TO........... xxxxxx or xxxxxx Port or Airport..........
NOT LATER THAN....... OCTOBER 5,19.......INSURANCE TO BE EFFECTED BY........
DRAFTS TO BE NEGOTIATED NOT LATER THAN......October 15, 19-.......AND MARKED:
"DRAWN UNDER L/C NO.-41941- OF SEATTLE-FIRST NATIONAL BANK, DATED 8/20-
The amount of any draft drawn under this credit must be endorsed by the negotiating Bank on the reverse hereof. We hereby agree with the drawers. endorsers and bona fide holders of drafts drawn under and in compliance with the terms of this credit that the same shall be honored on due presentation to drawee. Except as expressly stated negotiations under this credit are subject to the Uniform Customs and Practice for Commercial Documentary Credits(1993 Revision), International Chamber of Commerce Publication no. 500.

VERY TRULY YOURS,
XXXXXX-FIRST NATIONAL BANK
Asst. Manager, Foreign Dept.