RREVOCABLE DOCUMENTARY CREDIT
NO.021006 / 0Ct.12,2008
T0:BANK 0F CHINA, XIAMEN,CHINA
FROM:THE AMERICA CITI BANK
WE 0PEN IRREVOCABLE DOCUMENTARY CREDIT No 021006
BENEFICIARY:XIAMEN JINSHAN INTERNATIONAL TRADE CORPORATl0N LIMITED
APPLICANT:BELL COMPANY.P.O,BOX NO.025 SAN FRANCISCO
AMOUNT:US$600,000.00(US DOLLARS SIX HUNDRED THOUSAND 0NLY)
THIS CREDIT IS AVAILABLE BY BENEFICIARY’S DRAFT AT 30 DAYS AFTER SIGHT FOR 100%OF INVOICE VALUE DRAWN 0N THE AMERICA CITI BANK,NEW YORK BRANCH,NEWYORK U.S.A.
ACCOMPANIED BY THE FOLLOWING DOCUMENTS:
1.SIGNED COMMERCIAL INVOICE IN 3 COPIES.
2.FULL SET OF CLEAN ON BOARD BILL OF LADING MADE 0UT T0 ORDER AND BLANK ENDORSED MARKED FREIGHT PREPAID AND NOTIFY APPLICANT.
3.INSURANCE POLICY IN DUPLICATE COPIES FOR 120% OF INVOICE VALUE COVERING ALL RISKS AND WAR RISK SUBJECT T0 CIC DATED JAN.1ST,1981.
4.CERTIFICATE OF ORIGIN IN DUPLICATE ISSUED BY CHINA INTERNATIONAL CHAMBER OF COMMERCE 0R 0THER GOVERNMENT AUTHORITIES.
5.INSPECTl0N CERTIFICATE OF QUALITY ISSUED BY APPLICANT.
COVERING:3,000 SETS HAIXING ND220 REFRIGERATOR AT US $200.00 PER SET CFR SAN FRANCISCO AS PER s/c N0000245 DATED SEPT.30,2008.
LATEST SHIPMENT:NOV.20 FROM XIAMEN TOSAN FRANCISCO.
PARCIAL SHIPMENTS:ALLOWED
TRANSHIPMENT:PROHIBITED
THE G00DS SHALL BE CONTAINERIZED.
DOCUMENTS MUST BE PRESENTED WITHIN 15 DAYS AFTER THE DATE OF THE B/L,BUT WITHIN THE VALIDITY OF THE CREDIT.