|
|
Exporting Basics Appendix
|
|
APPENDIX: L/C Instructions |
- The letter of Credit shall be IRREVOCABLE.
- The credit shall be directly advised thru:
[Name, address, telex, fax, etc. of exporter’s bank]
- The credit shall be Confirmed
- The credit shall be "available with any bank" and expire in country of beneficiary (USA)
- The credit shall show as the beneficiary: [Name, address, etc. of exporter]
- The credit shall be payable in U.S.A. currency in the amount exactly as the invoice
- The credit shall be payable 15 days from Air Waybill Date.
- All Fees/Charges are for the account of Applicant (importer).
- Partial shipments allowed.
- The credit shall allow for required transport documents not later than ________(this date will be determined upon receiving your (importer’s) purchase order.)
- The credit shall allow for a minimum of 21 days after the required transport document date for presentation of documents at the counters of the Bank stated above.
- The required documents should include:
Commercial Invoice Totaled Ex-Works Bradford, Massachusetts U.S.A.
Commercial invoice shall cover the following:_______________(description of merchandise)
Air Waybill consigned to the Issuing Bank
|
|
|
|