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Henseng Bank
Irrevocable Credit No. CN0869
Date and place of issue: Aug. 12, 2003,
HongkongDate and place of expiry: 15 days after shipment in China
Applicant: Jiuqi Trading Company
Beneficiary: China National Cereals, Oils and Foodstuffs Imp.& Exp. Corp.
Advising Bank:
Amount: USD212 500 (Say Two Hundred and Twenty Thousand Five Hundred US Dollars Only)Partial shipments and transshipment are prohibited
Shipment from Mainland China ports to Hongkong.
Credit available against presentation of your draft at 30 days after sight and accompanied by the following documents:
Signed commercial invoice
Full set of Clean on Board Bills of Lading made out to order and blank endorsed,marked“freight prepaid”.
Inspection certificates of quality and weight.
Insurance policy.
Covering
50 m/t,groundnut kernels, USD 1 000 per m/t CIF HK
100 m/t rice USD 800 per m/t CIF HK
100 m/t banana USD 825 per m/t CIF HK
As per contract No.2001/1216.
合同主要条款:
合同号:No.2001/1216.
单价:
花生米 USD 1 000 per m/t CIFC2%HK
大米 USD 800 per m/t CIFC2%HK
香蕉 USD 825 per m/t CIFC2%HK
总值:212 500美元,允许5%溢短装
装运期:从大陆港口至香港特区,不许转船。
付款条件:不可撤销信用证

参考答案

Dear Sirs,
While we thank you for your L/C No.CN0869,we have found some points not in conformity with the terms in our contract No.2001/1216.Thus.we regret to ask you to amend it as follows.
1.Insert“C2%”after CIF.
2.Add“5%more or less is allowed both for total quantity and amount”.
3.Delete“Partial shipments and”from the shipment clause.
4.The amount in words should read“Say Two Hundred and Twelve Thousand Five Hundred US Dollars Only”We thank you in advance for your cooperation.
Yours truly,

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