Name of issuing bank Banko Binko Panama,Rep.of Pananma | Irrevocable Documentary Credit | |
Place and date of issue Pananma,May 29,200× | Expiry date and place for presenation of documents Expiry date June 17, 200× place for presenation Hong Kong | |
Applicant Importadores Electronnicos S.A 147 Avenida San Jose Panama,Rep.of Pananma | |
Beneficiary Electronic Distributors Associates 217 Des Voeux Road,Central Hong Kong | |
Advising Bank Reference No. Asian International Bank and Trust CO. Hong Kong | |
Amount Approximately USD110,000 | |
Partial shipment□ allowed × not allowed | Credit avaible with nominated bank Freely Negotiable □by payment at sight □by deferred payment at □by acceptance of drafts at × by negotiation Against the documents details herein: × and Beneficiary′s draft drawn on: Banko Binko Panama,Rep.of Pananma | |
Transshipment □ allowed × not allowed | |
× Insurance covered by buyers | |
Shipment as defined in UCP600 From port of Hong Kong For transport to Puerto Armuelles, Pananma Not later than June 9, 200× | |
Signed Commercial Invoice Certificate of Origin Full set of clean “on board” ocean bills of lading consigned to Transitarios Pananma, Covering: issued Televisions,VCRs,Video Recorders and spare parts of Japanese origin and 10,000 VHS cassettes of Chinaese Origin as purchase order 1714—×,CIF Puerto Armuelles, Pananma,INCITERMS 200× Draft to be marked “drawn under Banko Binko, Pananma Documentary Credit 1234 issued May 29,200× | |
Documents to be presented with □ days after the date of shipment but within the validity of the credit. | |
We have issued the Irrevocable Ducumentary Crdit as detailed aboved.It is subject to the Uniform Customs and Practice for Documentary Credits (2001 Revision,Internation Chamber of Commerce,Paris,France,Publication No.600). and engages us in accordance with the terms thereof.The number and the date of the credit and the name of our bank must be quoted on all drafts required.If the credit is avaible by negotiation,each presention mus be noted on the reverse side of this advise by the bank where the Crdit is avaible. Name and signature of the Issuing bank Banko Binko Panama,Rep.of Pananma This document consists of □ signed page | |