Question
Part III. Find and Correct mistakes of Letter Credit (L/C) . Find and correct the following Letter of Credit: 27 Sequence of total: 02/01 45T
Part III. Find and Correct mistakes of Letter Credit (L/C) . Find and correct the following Letter of Credit:
27 Sequence of total: 02/01
45T Drawee: Korea Uni Company Ltd.
40A Form of Letter Credit: BLUE
32 B Currency Code, Amount: 897.000 GBP
31C Documentary Number: 399887JKD980
42C Drafts at.... Sight for 60 PCT invoice value
31D Date of Issue: 12/05/2018
50A Loading on Board: MAIN PORT OF KOREA
31F Date of Expiry: 20/04/2018
50B For transportation to....: MAIN PORT OF JAPAN
41A Applicant: Korea Uni Company Ltd.,
41F Latest Date of shipment: 15/03/2018
41B Beneficiary: Sumitomo Company (Japan Co.)
46A Required documentary:
-1 copy of commercial invoices
- 1 original Insurance Certificate with 70 PCT of FOB
-1 copy of the Origin Certificate
-2 Bill of Lading Clean - On Board
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