1: 5
percent more or less on quantity and amount is acceptable
2:
applicants point out that the irrevocable fees are paid by them for the first
three month. After the 3 month the charges are due to be paid by the
beneficiary. Therefore our opening commission exceeding the 3 months period
amounting to USD 110.68 is for account of beneficiary and must be deducted from
negot. amount.
3:
Third party documents are acceptable.
4:
Spare parts are allowed to be loaded and to be specified in required documents
are acceptable.
5:
spelling or typing errors not affecting figures are not considered as
discrepancy.
6:
The requested beneficiary's certificates within field 46A: May be issued each
separately or as one document but may not be combined with other documents.
7:
If documents presented under this L/C are found to be discrepant, we may give
its notice of refusal and hold documents at your disposal. Nevertheless, if we
receive the waiver of discrepancies from the applicant prior to receipt of the
message of your disposal or instruction, we shall release the documents to the applicant
without your permission and further notice to you.
8: A
discrepancy fee of ERU.125.00 (or adequate equivalent) will be deducted from
the proceeds, if documents under letter of credit L/C are presented with
discrepancy (IES).
9:
Documents must be presented to us through a bank only, by courier service in
two separate lots.
If
you are unable to comply with the terms as mentioned in this credit we suggest
you communicate with first beneficiary immediately with a view to arranging any
desired amendments and thus avoid difficulties, which would arise, when
documents are presented.
Instructions
to advising and / presenting bank