The ABC Bank Irrevocable documentary credit Number: LC123-258866 Date: August 24,1999 Date and place of expiry : October 30, 1999 China Advising bank: Bank of China Beneficiary: China XYZ import and export corp. Applicant: UVW corporation. Amount: USD52,500 (Say U.S Dollars fifty two thousand five hundred only) We hereby issue irrevocable documentary credit which is available with: Any bank By negotiation of beneficiary’s drafts at sight For full invoice value Drawn on the ABC bank Partial shipments: Not allowed Transshipment: Not allowed Shipment from: Shanghai To: Tokyo Japan At the latest: October 15, 1999 Following documents required: +Signed commercial invoice in three copies +Full set of clean on board ocean bill of lading +Weight certificate in two copies Covering: 100 metric tons (5PCT MOL) of XY chemical in drums at USD 500 per M/T. Special instructions: Insurance to be effected by buyer. Instructions to advising bank: Please advise this credit to the beneficiary W
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