Bank
×××× Road
Shanghai, China
Beneficiary: Date……………………
MN Export Company. Irrevocable letter of credit
Validity period: September 30, 20××
16, all money orders from Dojima must be written
Osaka, Japan “drawn under credit No.1234.”
Your Excellency,
We hereby authorize you to collect remittance from XYZ Bank,
Bank account: ABC Importer
17, ×× Road, Shanghai
Total transaction amount $18,000.00 (eighteen thousand US dollars)
Within 60 days The full amount of the invoice must be negotiated upon sight. The following documents need to be submitted:
1 Two signed commercial invoices
2 Customs invoice
3 Insurance policy for shipping and war insurance with an invoice amount of 110
p>4 A complete set of ocean bills of lading, proving that the goods have been loaded on the ship (ship name), from Osaka to Shanghai, indicating to the order of ABC importer, notifying the importer, showing Freight Prepaid (freight prepaid), including 1,000 pounds XXX freight
can be shipped in batches, but cannot be transshipped.
The signing date of the ocean bill of lading cannot be later than September 16, 20XX
The bill of exchange and documents must be submitted within 21 days after the bill of lading is issued
This letter of credit Comply with Uniform Customs and Practice for Documentary Credits (1993 Edition), ICC 500.
We undertake to the drawer, endorser and bona fide holder of the draft drawn under this letter of credit that if the draft complies with the terms of this letter of credit and is presented to the drawee on time, We will pay accordingly.
To
(signed)
Hand-translated
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