Ⅶ. Check the following letter of credit with the contract terms given below and write a letter asking for amendments to the letter of credit in English (20%)
National Bank of Singapore
Singapore
Irrevocable Documentary Credit
No. 12/1444 Dated November 30, 1991
Advising Bank: Bank of China Head Office Beijing, China
Applicant: General Trading Company Singapore
Beneficiary: China National Textiles Imp. & Exp. Corporation Beijing China
Amount: HK$ 206,600.00
Expiry Date: February 15, 1991 for negotiation in China
We hereby issue in your favour this documentary credit which is available by presentation of your draft drawn at 60 days after sight on us bearing the clause:" Drawn under documentary credit No.12/1444 of National Bank of Singapore" accompanied by the following documents:
1. Signed Commercial Invoice in triplicate, indicating S/C No. PS-234 dated 11 October, 1991.
2. Full set of clean on board Ocean Bills of Lading issued to order and blank endorsed showing "Freight Paid" covering: 672,000 yards Printed shirting 34×36 72×69 35/6"×42 yards at US$3. * per yard CIF Singapore.
3. One original insurance Policy/Certificate Covering ALL Risks and War Risk for 110% of invoice value as par CIC of Jan 1st, 1981.
Shipment from China Port to Singapore.
Partial shipments prohibited, Transshipment allowed.
We hereby engage with drawers and/or bonafide holders that drafts drawn and negotiated in conformity with the terms of this credit will be duly honoured on presentation and that drafts accepted within the terms of this credit will be duly honoured at maturity.
National Bank of Singapore
合同条款:
卖方:北京中国纺织品进出口公司(China National Textiles Import & Export Corporation, Beijing)
买方:新加坡通用贸易公司(General Trading Company Singapore)
商品名称:鸽牌印花细布 ("Dove" Brand Printed Shirting)
规格:30×36 72×69 35/6"×42码
数量:67,200码
单价:CIF新加坡每码3,00港元,含佣3%
总值:201,600.00港元
装运期:1991年1月31日前自中国港口至新加坡,允许分批装运和转船。
付款条件:凭不可撤销即期信用证付款,于装运期前一个月开到卖方,并于上述装运期后十五天内在中国议付有效。
保险:由卖方根据中国人民保险公司一九八一年一月一日中国保险条款按发票金额的110%投保一切险和战争险。
签订日期、地点: 1990年10月11日于北京
合同号码:PS -1234
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