APPLICATION for LETTER of CREDIT

APPLICANT:

BENEFICIARY:

BENEFICIARY'S BANK:
AMOUNT and CURRENCY:
PAYMENT TERMS:
DAYS DEFERRED PAYMENT AFTER DATE OF TRANSPORT CERTIFICATE:
TERM LETTER OF CREDIT MATURITY DATE:
DELIVERY TERMS:   F.O.B. SHIPMENT
C+F FROM: 
OTHER (Describe):   
TRANSSHIPMENT: ALLOWED   NOT ALLOWED
PARTIAL SHIPMENT: ALLOWED   NOT ALLOWED
VALIDITY DATE:
LATEST SHIPMENT DATE:

     NAME OF GOODS:
   

PRO FORMA INVOICE: DD.
SALES CONTRACT: DD.

DOCUMENTS

COMMERCIAL INVOICE: ORIGINAL   COPIES
CERTIFICATE OF ORIGIN: ORIGINAL   COPIES
BILL OF LADING
AIRWAY BILL OF LADING
FCR
PACKING LIST
WEIGHT LIST
OTHER QUOTE

     OTHER DOCUMENTS:
   

     INSURANCE:
   

SPECIAL INSTRUCTIONS
1. All banking charges outside the including confirmation charges are for the beneficiary's account.

 2. Documents not to be negotiated under reserve/against indemnity, only against presentation to us of a full set of strictly credit complying documents as specified herein.

 3. In the event that presented documents do not conform with L/C terms and conditions, such documents  can only handled by opening bank on a collection basis per U.C.P. 1993 ICC Revision Publication No. 500.

4. Documents are to be presented within 5 (five) days after date of shipment /B/L but in any event within the credit validity.

5. Upon receipt by ourselves of documents presented in strict conformity with the terms and conditions of the credit, we undertake to effect settlement at days after last completed shipment date in accordance with your instructions for reimbursement.

6. A set of non-negotiable transport documents to be sent directly to applicant by beneficiary within 2 (two) working days after date of CMR, Airway Bill, Railway Bill or Bill of Lading via courier service and certificate to be presented to that effect.

7. All documents to be mailed in one lot to the following address:


8. If required by the beneficiary you may add your confirmation to this credit providing settlement of all charges by beneficiary.

9. This credit is issued on basis that applicant is not party to contract/sales agreement between beneficiary/supplier and buyer.

 

  

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