1.Please fill the following particulars in a credit form to issue a Freely Negotiable Credit. Issui
1.Please fill the following particulars in a credit form to issue a Freely Negotiable Credit.
Issuing Bank: (1) Tokai Bank
Place and date of issue: (2) Tokyo, 4 March, 200×
Beneficiary: (3) EXP Co., Tianjin
Advising Bank: (4) ADV Bank, Tianjin
Applicant: (5) IMP Co., Tokyo
Credit No. (6) 13579
Amount: (7) USD36,500.00
Valid date: (8) 27 June, 200×
Valid place: (9) China
Payment method: (10) negotiation
Negotiating Bank: (11) any bank in China
Shipment date: (12) 12 June, 200×
Undertaking clause
(13)We hereby engage with drawers and/or bona fide holders that draft (s) drawn and negotiated in conformity with the terms and conditions of the credit will he duly honoured on presentation.
Bank-to-Bank instructions:
(14)The negotiating bank is authorised to claim reimbursement on the Tokai Bank, New York by telex. All draft (s) and documents must be sent to us by airmail.
2.Credit form
Freely Negotiable Credit
Name of Issuing Bank Place and date of issue
①②To: ③Advised through④
Dear Sirs,
At the request and on the instructions of⑤we hereby issue an Irrevocable Documentary Credit No.⑥for⑦(say⑦) to expire on or before⑧in⑨available by⑩withagainst
(×) Beneficiary's draft (s) atsight drawn on us and
(×) the documents detailed herein marked with "×".
(×) Commercial invoice in triplicate.
(×) Full set 2/2 original clean on board marine bills of lading made out to order and blank endorsed marked freight prepaid notifying applicant.
(×) Packing list in triplicate.
(×) Insurance policy or certificate covering all risks and war risks for 110% of the invoice value.
Evidencing shipment of(description of goods)
from Chinese port to Nagoya not later than
Partial shipments allowed.
Transhipment not allowed.
Documents to be presented within 15 days after the date of the transport document (s) but within the validity of the credit.
_________________________________________
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Instructions to the advising bank:
Please advise the credit to the beneficiary without adding your confirmation.
Bank-to-Bank instructions:
_________________________________________
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Reimbursements under this credit are subject to URR 725.
This Credit is subject to UCP 600.
Yours faithfully
①signature