ISSUE OF DOCUMENTARY CREDIT
ADVISED THROUGH
THE HONGKING & SHANGHAI BANKING CROP.
TRADE SERVICE DEPT.
452 5TH AVENUE 14TH FLOOR
NEW YORK, NY-10018 USA.,
U.S.A.
SEQ. OF TOTAL : 02
FORM OF DOCUMENTARY CREDIT : IRREVOCABLE
DOCUMENTARY CREDIT NO. : 706010442
DATE OF ISSUE : 13.08.2006
EXPIRY DATE AND PLACE
DATE OF EXPIRY : 10.11.2006
PLACE OF EXPIRY : U.S.A.
APPLICANT NAME AND ADDRESS : ARTSIGNAL LTD
BENEFICIARY’S NAME & ADDRESS : BALAJI EXPORTS LTD
HONG KONG, RM 1202, BEVERLEY COMM. CENTRE
87-105, CHATHAM ROAD SOUTH, TSIM SHA TSUI,
KOWLOON, HONGKONG
(T) 852 23686196 (F) 852 23686521
DOCUMENTARY CREDIT AMOUNT : US$=15,888/= (SAY U.S. DOLLAR FIFTEEN THOUSAND EIGHT HUNDRED EIGHTY EIGHT) ONLY.
AVAILABLE WITH/BY : ANY BANK IN HONGKONG. BY NEGOTIATION.
DRAFTS AT : AT SIGHT FOR 100% INVOICE VALUE.
DRAWEE FULL NAME & ADDRESS : ABC BANK LTD.
NOCIAL BRANCH
PARTIAL SHIPMENTS : ALLOWED.
TRANSHIPMENT : ALLOWED.
LOADING /DISPATCH AT/FROM : HONGKONG.
FOR TRANSPORTATION TO : FLORIDA, USA
LATEST DATE OF SHIPMENT : 25.10.2006 (BUT NOT EARLIER THAN 13.08.2006)
DESCRIPTION OF GOODS : ARTICLE NO. LF238
ITEM NO. JETI 3312 – JETI 3300 SERIES, JETI 3.3MT WIDE, 6 COLOR, 12 SPECTRA HEADS INK-JET PRINTING MACHINE, SN# (QUANTITY ONE UNIT) UNDER H.S. CODE NO. 84435100 INCLUDING PRINTER ACCESSORIES.
ITEM NO. 959-303001 – 3M REWIND UNIT ,
ITEM NO. 900-330010 -- BACKLIT CAMERA OR DOUBLE SIDE PRINTING,
ITEM NO. ROLL LIFTER -- JETI MEDIA LIFTER,
ITEM NO. RIP -- ONYX RIP SOFTWARE
1 CRATE OF JETI 3312 PRINTER @ 4500 LBS DIMS : 221” L X 51” W X 76” H
1 CRATE OF REWIND UNIT @ 400 LBS DIMS : 148” L X 33” W X 28” H
ITEM NO., DESCRIPTION & SPECIFICATION OF GOODS, H.S. CODE,
COUNTRY OF ORIGIN, QUANTITY NOS., UNIT PRICE, PACKING, NO.
OF CASES AND ALL OTHER TERMS AND CONDITIONS AS PER
PROFORMA INVOICE NO. PL# 3312-ASL DATED MARCH 28, 2006 OF THE
BENEFICIARY (COPY ENCLOSED).
FOB/CFR : CFR
DOCUMENTS REQUIRED :
01. BENEFICIARY’S DRAFT(S) IN DUPLICATE BEARING THE CLAUSE ” DRAWN UNDER ABC BANK LTD., 067706010442 DATED 13.08.2006” FOR 100 PERCENT I NVOICE VALUE.
02. BENEFICIARY’S SIGNED COMMERCIAL INVOICE IN OCTUPLICATE CERTIFYING MERCHANDISE TO BE CANADA ORIGIN AND INDICATING THAT THE GOODS ARE BEING IMPORTED UNDER I.R.C. NO. BA- 146030 LCA NO. 131586, BANGLADESH BANK REGISTRATION NO.04200622000013 AND H.S. CODE NO. 39211200.
03. FULL SET OF CLEAN SHIPPED “ON BOARD” AIRWAY BILL SHOWING “FREIGHT PREPAID” DRAWN TO THE ORDER OF ARAB BANGLADESH BANK LTD., MODHUBAN SUPER MARKET BRANCH, SYLHET, BANGLADESH AND MARKED NOTIFY OPENERS OF THE CREDIT BEARING OUR LETTER OF CREDIT NO. 067706010402 DATED 13.08.2006. SHIPMENT BY ISRAELI LINER PROHIBITED & CERTIFICATE TO THIS EFFECT MUST ACCOMPANY THE ORIGINAL DOCUMENTS.
04. PACKING LIST IN TRIPLICATE.
OTHER TERMS AND CONDITIONS :
01. ALL BANK CHARGES OUTSIDE HONGKONG ARE ON BENEFICIARY’S ACCOUNT.
02. TRANSACTION OF THE CREDIT SHALL BE SETTLED THROUGH U.S. DOLLAR.
03. L/C NO. AND DATE, BANGLADESH BANK REGISTRATION NO., LCA NO., H.S. CODE NO., IRC NO., TIN NO. 360-300-2674, VAT REGISTRATION NO. 7011089157-70101 MUST BE QUOTED ON ALL SHIPPING DOCUMENTS.
04. BENEFICIARY MUST CERTIFY ON THE INVOICE THAT THE GOODS HAVE BEEN SHIPPED STRICTLY AS PER PROFORMA INVOICE
NO.3312-ASL DATED 28.03.2006 OF BENEFICIARY (COPY ENCLOSED) IN ACCORDANCE WITH THE TERMS OF THE CREDIT
AND ALL OTHER TERMS & CONDITIONS THEREOF HAVE BEEN FULLY COMPLIED WITH.
05. CERTIFICATE OF ORIGIN OF GOODS REQUIRED.
06. GOODS MUST BE PACKED IN EXPORT STANDARD PACKAGES TO SAFE GUARD PILFERAGE IN TRANSIT AND A CERTIFICATE TO
THIS EFFECT IS REQUIRED FOR NEGOTIATION.
07. THE COUNTRY OF ORIGIN HAS TO BE INSCRIBED ON GOODS/LABEL/PACKING/CARTON/CONTAINER OF THE MERCHANDISE.
08. DOCUMENTS WITH DISCREPANCIES MUST NOT BE NEGOTIATED EVEN AGAINST GUARANTEE OR UNDER RESERVE WITHOUT OUR
PRIOR APPROVAL.
09. IMPORTERS NAME, ADDRESS AND TIN NUMBER 360-300-2674 MUST BE PRINTED OR WRITTEN IN IRREMOVABLE INK
ON MINIMUM 2% OF THE BIGGEST PACKAGE / WOODEN BOX/ CONTAINER / SACK PACK/ CARTONS AND OTHER PACKAGES. THIS
CLAUSE IS MANDATORY AND MUST BE FOLLOWED AT THE TIME OF SHIPMENT.
10. SHIPMENT OF GOODS SHOULD BE MADE BY REGULAR AIR LINER. A CERTIFICATE OF AIRWAYS COMPANY TO THIS
EFFECT SHOULD ACCOMPANY WITH THE ORIGINAL DOCUMENTS.
11. SHORT FORM BLANK BACK/ STALE AIRWAY BILL ARE NOT ACCEPTABLE.
12. AMOUNT OF DRAFT(S) NEGOTIATED SHOULD BE ENDORSED ON THE REVERSE OF THE CREDIT. BENEFICIARY’S CERTIFICATE TO
THE EFFECT THAT A SET OF NON-NEGOTIABLE DOCUMENTS HAS BEEN DISPATCHED TO APPLICANT BY COURIER WITHIN 5(FIVE) DAYS AFTER SHIPMENT.
13. IMMEDIATELY AFTER SHIPMENT AND BEFORE PRESENTATION OF THE DOCUMENTS TO NEGOTIATING BANK, THE SUPPLIER/BNEFICIARY MUST INTIMATE THE OPENING BANK THROUGH FAX NO. 88-0821-714053 / SWIFT CODE ABBLBDDHA MENTIONING LC NO. AND DATE, DATE OF SHIPMENT, NAME OF AIRWAYS, VALUE OF INVOICE, EXPECTED DATE OF NEGOTIATION, NAME OF THE NEGOTIATING BANK ETC. A COPY OF SUCH FAX / SWIFT ADVICE MUST ACCOMPANY WITH THEDOCUMENTS.
14. NEGOTIATING BANK WILL CLAIM REIMBURSEMENT FROM THE REIMBURSING BANK AS PER L/C TERMS REFERRING TO RELATIVE L/C NO. & DATE AND WHILE CLAIMING REIMBURSEMENT, NEGOTIATING BANK MUST ALSO CONFIRM THAT THE RELATIVE SHIPPING DOCUMENTS HAVE BEEN DISPATCHED TO THE L/C OPENING BANK.
15. PRE-SHIPMENT INSPECTION FOR QUANTITY, QUALITY, DESCRIPTION, CLASSIFICATION AND PRICE SHOULD BE CARRIED OUT BY INTERTECK TESTING SERVICES LTD. THE FINAL INVOICE AND PACKING LIST SHOULD BE ENDORSED BY INTERTECK TESTING SERVICES LTD WITH THE NUMBER AND DATE OF ISSUANCE OF THE CRF. THE ORIGINAL CRF WILL BE SENT TO THE COMMISSIONER OF CUSTOMS BY THE LOCAL OFFICE OF INTERTECK TESTING SERVICES LTD. (INSPECTION SITE : GANDINNOVATIONS CORP, 1636 SHAWSON DR, MISSISSAUGA, ON L4W 1N7, CANADA. TEL : 905.564.6006 EXT 221, FAX : 905.564.9339, CONTACT : TERESA ALBERT.)
WE HEREBY AGREE WITH THE DRAWERS ENDORSERS AND BONAFIDE HOLDERS OF ALL DRAFT(S) DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS CREDIT THAT SUCH DRAFT(S) WILL BE DULY HONOURED UPON PRESENTATION TO US.
THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (LATEST REVISION), ICC PUBLICATION NO.600.
CONFIRMATION INSTRUCTION : WITHOUT
INSTRUCTIONS FOR NEGOTIATING BANKER :
IN REIMBURSEMENT PLEASE DRAW ON JPMORGAN CHASE BANK, 4 METROTECH CENTER, 8TH FLOOR , BROOKLYN, NEW YORK, NY-11245, USA WHO ARE AUTHORIZED TO HONOUR YOUR CLAIM TO THE DEBIT OF OUR HEAD OFFICE US DOLLAR ACCOUNT NO. 586 WITH THEM UNDER ADVICE TO US. YOUR DRAFT TO REIMBURSING BANK IS TO BE ACCOMPNIED BY A CERTIFICATE STATING THAT THE TERMS AND CONDITIONS OF THE CREDIT HAVE BEEN COMPLIED WITH.
ALL ORIGINAL AND DUPLICATE DOCUMENTS WILL BE FORWARDED TO US BY SEPARATE COURIER/MAIL.
AUTHORISED SIGNATURE
