Nanjing Cisco Textile Clothing Co., Ltd. (hereinafter referred to as Cisco Company) was established in 1992. Approved by the Ministry of Foreign Trade and Economic Cooperation, it is a trading company engaged in the import and export business of textile and garment products. The company has a number of subordinate factories, and its products are mainly sold to Europe, the United States, Canada and Japan.
Canadian Customer Fashion Power Co., Ltd. (hereinafter referred to as F.F. Company) and Cisco have been business partners for many years. On February 2, 2000, 65438+f. f faxed an instruction for making women's cotton tops, and mailed the fabrics, color samples and a garment sample to Cisco, asking Cisco to deliver the goods before March 25, 2006, and sent the fabrics, color samples and two different types of garment samples back for confirmation.
On the morning of June 5438+February 8, 2000, Cisco immediately contacted Wuxi Lily Textile Co., Ltd. (Flour and Accessories Factory, hereinafter referred to as Lily Textile) to make quality samples and color cards according to the samples provided by F.F. Company, and then sent them to F.F. Company for confirmation through DHL.
200165438+February 12, F. F. Company received the samples sent by Cisco Company, which were qualified, and asked Cisco Company to send two more samples of different models for its confirmation. After receiving this notice, Cisco immediately contacted Wuxi Seasonal Clothing Co., Ltd. (clothing processing factory, hereinafter referred to as seasonal clothing) to make clothing samples. /kloc-On the afternoon of February, 2007, the garment processing factory sent two samples of different models to Cisco. On the same day, Cisco sent the ready-to-wear samples to F.F. for confirmation through DHL.
12 On February 22nd, F.F. Company received the garment samples sent by Cisco Company, and confirmed them as qualified, and asked Cisco Company to quote. On the same day, Cisco made an offer to F. F. based on the quotations of flour auxiliary materials factory and clothing factory and the company's profits.
After many negotiations, on February 26th, 12, both parties finally decided to close the transaction at the price of 12.80 USD per piece. F.F. Company requires Cisco to make a contract according to the quotation and fax it to countersign it, and fax the invoice for it to open a letter of credit.
After the contract is signed, both parties will revise and finally confirm the details of the clothing.
Second, the implementation of the letter of credit
200 1 1 3 1, Bank of China Jiangsu Branch informed Cisco that F.F. Company had received BNP Paribas.
Bank of Montreal L/C No.6321KLOC-0/020049 (Canada).
Among them, the provisions related to the preparation of documents are as follows:
1. Issuing bank: BNP Paribas (Canada) Montreal.
2. Notifying bank: Jiangsu Branch of Bank of China.
3. Irrevocable letter of credit. : 632 1 1020049, opening date: 20065438+0 65438+1October 29th.
4. Validity and place of the letter of credit: 2001April 10, China.
5. Applicant:
Fashion power co., ltd
Page (abbreviation of page) Box 8935, New Terminal Building of Vista Alta, Ottawa, Canada
6. beneficiary:
Nanjing SICO textile clothing co., ltd
RM290 1 Huarong Building, No.85 Guanjiaqiao, Nanjing
China, 2 10005
7. Letter of credit amount: USD 32,640.00.
8. Description of goods:
Terms of sale: CIF Montreal, Canada
Sales contract no F0 1LCB05 127.
Women's cotton coat (100% cotton, 40SX20/ 140X60)
Style Number Purchase Order Number Quantity/Piece USD/Piece
46-30 1A 10337 2550 12.80
9. Partial shipment and transshipment: Partial shipment is not allowed, transshipment is allowed, and it is transported from China to Montreal Port.
10. Last delivery date: March 25th, 2006, 5438+0.
1 1. Requirements of negotiation documents:
(1) Commercial invoice signed by beneficiary's representative in sextuplicate.
(2) Four Canadian customs invoices.
(3) Three-thirds full set of original on-board clean ocean bills of lading made out to order of BNP Paribas.
(Canada) "means freight prepaid, and the notifier is the name and address of the drawer.
(4) Detailed packing list in triplicate.
(5) Copy of GSP Certificate of Origin (Form A).
(6) A copy of the export license for textiles exported to Canada.
(7) Beneficiary's certificate: It proves that the original GSP certificate of origin, the original textile export license to Canada, the copy of commercial invoice, the copy of detailed packing list and the original copy of bill of lading have been sent directly to the issuer by express delivery within 5 days after shipment, with express delivery receipt attached.