Created by:                                                         On:   ­­­­­                                                           Application Date:  

   Applicant Reference Number:          

 

 

   Please open an Irrevocable Letter of Credit under the terms set forth below.

 

   SPECIAL INSTRUCTIONS FOR ISSUING BANK STAFF ONLY:

 PLEASE ALLOW THE TRANSFERRING BANK TO BE EITHER BANK ONE OF CHINA OR (Beneficiary bank?)

 

   Account Party:                                                                                             Beneficiary:­­                               

      Party ID:                                                                                                    

   Bank Party ID:                                                                                            

  

 

 

  Advising Bank:      Bank One      

                                                                                                                                                                 

                                                Currency/Amount:           USD /

  

                                                                                                                                Approximate Percent:

                                                                                                                                Drafts At:                         SIGHT

                                                                                                                                Tenor:                                  AT SIGHT

                                                                                                                                Payment Type:                  AVAILABLE WITH ANY BANK

                                                                                                                                                             BY NEGOTIATION

                                                                                                                                                                               

 

   Partial Shipments :                 Allowed

   Transhipments allowed:          Transhipments are allowed.

 

   Transfers allowed:                   Transfers are allowed

  

 

   Ship From:    Any port of China

   Ship To:                Any port of USA

   Terms:                   FOB

   Named Point:   Any port of China

 

   Latest Ship Date:          

 

   Shipment Period:

 

   Expiration Date:                                    Expiry Place:  COUNTRY OF BENEFICIARY

 

   Insurance to be effected by Buyer.

   All bank charges other than the opening bank's are for the account of the beneficiary.

 

 

  Covering shipment of:

 

 

 

 

   DOCUMENTS REQUIRED:

  1 Original and 3 Copies of SIGNED COMMERCIAL INVOICE 

THE INVOICE MUST INCLUDE BENEFICIARY CERTIFICATION THAT 

THE MERCHANDISE IS NOT PACKED IN SOLID WOOD PACKING MATERIAL.

1 Original and 3 Copies of PACKING LIST

 

 2 COPIES OF CERTIFICATE OF ORIGIN

 

1 Original and 1 Copies of CERTIFICATE OF INSPECTION 

ISSUED, SIGNED AND DATED BY A REPRESENTATIVE OF BENEFICIARY, 

STATING QUOTE, 1) APPAREL MERCHANDISE HAS BEEN INSPECTED AND 

COMPLIES WITH ALL PRODUCTION APPROVAL SPECIFICATIONS. 2) WE 

CERTIFY THAT SHIPMENT COMPLIES WITH ALL LABELING, PACKAGING AND 

MARKING REQUIREMENTS AS PER APPLICANT PURCHASE ORDERS 

3)ALL MERCHANDISE HAS BEEN MARKED AS TO COUNTRY OF ORIGIN PER 

U.S. CUSTOMS REGULATIONS., UNQUOTE

1 Original and 1 Copyies of CERTIFICATE OF FORWARDING 

ISSUED, SIGNED AND DATED BY THE BENEFICIARY STATING, QUOTE, ONE 

COPY EACH DOCUMENT REQUIRED UNDER THIS LETTER OF CREDIT HAS BEEN

FORWARDED VIA EXPRESS COURIER TO APPLICANT. NO LATER THAN SEVEN DAYS AFTER THE TRANSPORT 

DOCUMENT DATE, UNQUOTE, AND A COPY OF THE FED EX OR DHL COURIER 

RECEIPT SHOWING TRANSPORT CHARGES FOR THE ACCOUNT OF THE SENDER 

MUST BE ATTACHED.

1 Copy of WRITTEN APPROVAL CERTIFICATE ISSUED AND SIGNED BY

EITHER             OR             OF APPLICANT,

 WHOSE SIGNATURES ARE ON FILE WITH Bank One of Chicago, IL

FOR AUTHENTICATION PURPOSES, EVIDENCING STYLE NUMBERS LISTED ON

 INVOICES PRESENTED UNDER THIS LETTER OF CREDIT HAVE PASSED INSPECTION

 AND HAVE BEEN APPROVED  AND CONFIRMING THAT ALL MERCHANDISE DOES COMPLY WITH ALL 

NECESSARY STANDARDS AND REQUIREMENTS AND TRANSCAP IS IN RECEIPT OF ALL NECESSARY DOCUMENTATION REQUIRED FOR PRESENTATION TO BE MADE UNDER THE TERMS OF THIS LETTER OF CREDIT.

 

3/3 Original and 2 Copyies of Marine/Ocean Bill of Lading 

CONSIGNED TO THE ORDER OF THE ISSUING BANK CLEAN ON BOARD,

SHOWING LOADING ON BOARD A NAMED VESSEL AND PORT OF LOADING,

MARKED FREIGHT Collect, NOTIFY APPLICANT.  

 

 

  OTHER TERMS AND CONDITIONS:

THIS LETTER OF CREDIT IS NOT AVAILABLE FOR DRAWING UNTIL THE ADVISING BANK RECEIVES  AN AUTHENTICATED SWIFT MESSAGE FROM BANK ONE, CHICAGO, NA

NAMING THE APPROVED SHIPPING COMPANY, VESSEL NAME AND VOYAGE

NUMBER FOR SHIPMENTS ALLOWED UNDER THE TERMS OF THIS LETTER OF CREDIT.

 

ALL BANK CHARGES OTHER THAN THOSE OF BANK ONE, CHICAGO, IL ARE FOR THE BENEFICIARY EXCEPT AS OTHER WISE NOTED HEREIN.

 

THIRD PARTY SHIPPING DOCUMENTS ARE ACCEPTABLE.

  Documents to be presented within 15 days after shipment; but

within the validity of the credit.

 

  Confirmation Instructions: Without

 

 END OF APPLICATION: