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1. Create a Bill of Exchange and a Letter to Credit using the information below also indicate how to issue them . FORM OF DOC.CREDITIRREVOCABLE

1. Create a Bill of Exchange and a Letter to Credit using the information below also indicate how to issue them .

FORM OF DOC.CREDITIRREVOCABLE

CREDIT NUMBER50000585

DATE OF ISSUE 20161102

EXPIRY DATE 20161230 PLACE: CHINA

OPENING BANKREPUBLIC NATIONAL BANK OF GERMANY, HAMBURG BRANCH

APPLICANTNANCY FABRICS INC., 5 STREET NO. 43 AVENUE 5, HAMBURG, GERMANY

BENEFICIARYHANGZHOU TENGLONG WEAVING CO., LTD. #198 JIANSHE NO.1 ROAD, XIAOSHAN ECONOMIC & TECHNOLOGICAL DEVELOPMENT ZONE, HANGZHOU 311215,CHINA

AMOUNTCURRENCY USD AMOUNT 81,000.00 ABOUT

AVAILABLE WITH/BYDRAFT(S) UNDER L/C ISSUED ON DEC12, 2016

DRAWNAt 60 DAYS AFTER DATE ON REPUBLIC NATIONAL BANK OF GERMANY, HAMBURG BRANCH

PARTIAL SHIPMENTSPARTIAL SHIPMENTS ALLOWED

TRANSSHIPMENTTRANSSHIPMENT ALLOWED.

LOADING IN CHARGESHANGHAI, CHINA

FOR TRANSPORT TOHAMBURG, GERMANY

LATEST DATE OF SHIP20161215

DESCRIPT. OF GOODSUPHOLSTERY FABRICS 30000 MTRS AT USD2.70/MTR CIF HAMBURG, GERMANY TOTAL AMOUNT USD81,000.00 PACKING: ROLL

DOCUMENTS REQUIRED

+ SIGNED COMMERCIAL INVOICE IN TRIPLICATE

+ DETAILED PACKING LIST IN TRIPLICATE

+ GSP FORM A

+ 3/3 SET NEGOTIABLE CLEAN ON BOARD OCEAN BILLS OF LADING CONSIGNED TO ORDER OF REPUBLIC NATIONAL BANK OF GERMANY, HAMBURG BRANCH NOTIFYING APPLICANT AND MARKED FREIGHT PREPAID.

+ INSURANCE POLICY IN DUPLICATE COVERING AT LEAST 110% OF COMMERCIAL VALUE WITH CLAIM PAYABLE IN HAMBURG IN EUR AGAINST ICC(A) AND WAR RISKS AND SRCC RISKS.

ADDITIONAL REQUIREMENTS

+ 5% MORE OR LESS ON QUANTITY AND AMOUNT ARE ACCEPTABLE.

+ DRAFTS ARE TO BE MARKED DRAWN UNDER REPUBLIC NATIONAL BANK OF GERMANY HAMBERG BRANCH AND BEARING CREDIT NUMBER AND THE ISSUING DATE.

+ BENEFICIARY SHOULD BE CERTIFYING ON THE INVOICE AND B/L INDICATING THAT THE GOODS ARE COMPLYING WITH THE S/C CONTRACT NO.NA55578.

+ A DISCRIPANCY FEE OF USD 50.00 WILL BE DEDUCTED FROM THE PROCEEDS OF ANY DRAWING PRESENTED WITH DISCRIPANCIES.

+ IT IS A CONDITION OF THIS CREDIT THAT ALL DOCUMENTS ARE TO FORWARDED IN ONE COMPLETE MAILING TO REPUBLIC NATIONAL BANK OF GERMANY HAMBURG BRANCH.

+ UPON RECEIPT DRAFTS AND ALL DOCUMENTS ACCOMPANIED IN CONFORMITY WITH THE TERMS AND CONDITIONS OF THIS CREDIT,WE WILL REMIT PROCEEDS TO YOUR ACCOUNT AS PER YOUR INSTRUCTION.

DETAILS OF EXCHARGESALL CHARGES OUTSIDE THE ISSUING BANK APE FOR THE ACCOUNT OF THE BENEFICIARY.

PRESENTATION PERIODDOCUMENTS MUST BE PRESENTED WITHIN 15 DAYS FROM SHIPMENT DATE BUT WITHIN CREDIT VALIDITY.

CONFIRMATIONWITHOUT

ADVISE THROUGHBKCHCNBJ9

BANK OF CHINA LTD.,ZHEJIANG NO.189 YANAN ROAD,HANGZHOU, 310006

ZHEJIANG PROVINCE,CHINA

TRAILERTHIS CREDIT IS SUBJECT TO ICC PUBLIC NO.600(2007 REVISION)

FOR REPUBLIC NATIONAL BANK OF GERMANY, HAMBURG BRANCH

(SIGNED)

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