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Restricted L/C


XXXXX EXCHANGE BANK
(formerly Foreign Exchange Bank of xxxx)
xxxx xxxxx AGENCY

...................................................................
ADVISED BY AIRMAIL THROUGH

SPECIMEN

  ADVICE 140 Broadway, xxx xxx, N. Y. 1000
THis Credit is being advised by
AIRMAIL through: brief cable
and airmail thru: our Head
Office, xxxx

Gentlemen:
We hereby open our irrevocable without recourse letter of credit in your favor for account of for a sum or sums not exceeding a total of US $ 64, 675. 00 (Say US Dollars Sixty Four Thousand Six Hundred Seventy Five Only)
available by your draft(s) drawn at 45 days sight on us for 100% of invoice cost, to be accompanied by the following documents evidencing shipment(s) of
100% Synthetic Venus Pussi Cat Wigs, order# H-502, FOB xxxx
from xxxx to xxxx, xxxx.
-Signed Commercial Invoice in triplicate.
-Customs Invoice in duplicate.
-Packing List in triplicate.
-Air Waybills marked "freight collect" consigned to xxxxx Exchange Bank and "notify the accountee."
-Merchandise must be insured with air carrier for 110% of the invoice value, premium payable by the accountee.
Shipping instructions: Local carrier to xxxx: to xxx xxxxx via xxx xxxxxx Airlines (shipment must be shipped under xxx xxxxx Air Waybill only)
Negotiations under this credit restricted to xxxx Exchange Bank, xxxx.
Partial-shipments are allowed. Transshipment is allowed.
Shipment must be effected on or before
Draft(s) must be presented for payment on or before May 31, 1996
All drafts hereunder must be marked "Drawn under xxxx Exchange Bank, xxx xxx Agency, credit No. NYI - 01082" and all other documents shall also contain the reference number of this credit.
The amount and date of negotiation of each draft must be endorsed on the reverse hereof by the negotiating bank. We hereby agree with the drawers, endorsers, and bona fide holders of drafts drawn under and in complicate with the terms of this credit that the same shall be duly honored on due presentation and delivery of documents as specified to the drawee. Unless otherwise expressly stated herein, this credit is subject to the "Uniform Customs and Practice for Documentary Credits (1993 Revision), International Chamber of Commerce Publication No. 500."

Yours very truly,
XXXX EXCHANGE BANK
XXX XXXX AGENCY
Authorized Signature

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