5500 sets Sewing Machine Art. No. JA-115 packed in wooden cases of one set each at USD 60.00 per set CIF HK Drafts drawn under
5500 sets Sewing Machine Art. No. JA-115 packed in wooden cases of one set each at USD 60.00 per set CIF HK
Drafts drawn under this credit must be marked: “drawn under HSBC, H. K. ” bearing the number and date of this credit.
We undertake to honor all the drafts drawn in compliance with terms of this credit if such drafts to be presented on or before Dec. 15th, 2018.
It is subject to the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce Publication No 600.
SUPPLEMENT:
Invoice number: CJ2651 Name of steamer: CHANGJIANG VOY. NO.: V.132
Shipping marks: SLIPIEC04008
1.Answer the following questions according to the above letter of credit.(12points)
(1) Please point out the issuing bank, advising bank, beneficiary and applicant.
(2) What’s the latest date for shipment? What’s the latest date for presentation of all documents?
(3) How many kinds of documents are required by the L/C? How many original Bs/L shall be presented by the beneficiary?
(4)Are partial shipments and transshipment allowed?
(5) How are the goods packed? How many packages are there in total?
(6) What is the applicable rule for this credit?
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
1 The issuing bank is HSBC H K the advising bank is ABC Bank the beneficiary ...See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
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