Irrevocable Letter of Credit Sample in Swift Format

17 October 2012 Wednesday

11:14:31

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Original received from SWIFT

Priority/Delivery    :    Normal

Message Output Reference         :    1225 121016XXXXXXXXX5657939061

Correspondent Input Reference    :    1225 121016XXXXXXXXX1178375172

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Swift OUTPUT FIN 700 Issue of a Documentary Credit

Sender     :  ARABBANKXXX

                   Habib BANK 

                    (COMMERCIAL BRANCH) 

                   Lahore PK

Receiver    : TRADEBANKXXX

                    TRADE BANK

                    (ALL TURKEY OFFICES) 

                    ISTANBUL TR

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27:   Sequence of Total

        1/1

40A:  Form of Documentary Credit

        IRREVOCABLE

20:    Documentary Credit Number

        2012AML201203366

31C:  Date of Issue

        121016

40E:  Applicable Rules

        UCPURR LATEST VERSION

31D:  Date and Place of Expiry

        130106-TURKEY

50:   Applicant

        BAHRAIN MANUFACTURING COMPANY W.L.L

        P.O. BOX 30000,

        KINGDOM OF BAHRAIN

59:   Beneficiary - Name & Address

        INTERNATIONAL IMPORT COMPANY LTD, STI.

        (FULL BENEFS. NAME AND ADDRESS UNDER FIELD 47A ITEM NO.6)

32B:  Currency Code, Amount

         Currency    :    USD (US DOLLAR)

         Amount    :    #310.000,00#

39B:  Maximum Credit Amount

         NOT EXCEEDING

41A:  Available With...By... - BIC

         TRADEBANKXXX

         BY PAYMENT

43P:  Partial Shipments

         NOT ALLOWED

43T:  Transhipment

         ALLOWED

44E:  Port of Loading/Airport of Departure

         ANY TURKISH PORT

44F:  Port of Discharge/Airport of Destination

         KHALIFA BIN SALMAN PORT

44C:  Latest Date of Shipment

         121215

45A:  Description of Goods &/or Services

         CRUSHING PLANT. AS PER PROFORMA INVOICE NO.:P-111-7 R02 DATED 03/07/2012   

         CFR, BAHRAIN.

46A:  Documents Required

1. SIGNED COMMERCIAL INVOICE IN 1 ORIGINAL + 2 COPIES INDICATING DELIVERY TERMS.

2. FULL SET OF CLEAN ON BOARD BILL OF LADING ISSUED OR ENDORSED TO THE ORDER OF ARAB BANK PLC, NOTIFY APPLICANT SHOWING FREIGHT PREPAID AND SHOWING FULL NAME AND ADDRESS OF THE SHIPPING COMPANY AGENT OR HIS REPRESENTATIVE IN BAHRAIN.

3. A CERTIFICATE ISSUED BY THE VESSEL OWNERS/CAPTAIN/ CARRIER OR BY ONE OF THEIR AGENTS STATING THAT THE CARRYING VESSEL IS SUBJECT TO THE INTERNATIONAL SAFETY MANAGEMENT CODE (ISM) AND INTERNATIONAL SHIPPING AND PORT SECURITY SAFETY CODE (ISPS).

4. CERTIFICATE OF ORIGIN STATING THAT GOODS ARE OF TURKISH ORIGIN ISSUED BY A CHAMBER OF COMMERCE SHOWING NAME AND ADDRESS OF MANUFACTURERS.

5. PACKING LIST IN 1 ORIGINAL + 2 COPIES.

47A:  Additional Conditions

(1) HONOUR/NEGOTIATION OF DOCUMENTS UNDER RESERVE OR AGAINST INDEMNITY OR GUARANTEE IS PROHIBITED.

(2) DISCREPANCY FEE FOR USD 75.- (OR EQUIVALENT IN L/C CURRENCY)PLUS ALL RELATIVE SWIFT/TLX CHARGES WILL BE DEDUCTED FROM DOCUMENTS VALUE FOR EACH PRESENTATION OF DISCREPANT DOCUMENTS UNDER THIS CREDIT, NOTWITHSTANDING ANY INSTRUCTIONS TO THE CONTRARY.

(3) ALL REQUIRED DOCUMENTS INCLUDING TRANSPORT DOCUMENTS MUST BE DATED BUT NOT DATED PRIOR TO THE ISSUANCE DATE OF THIS CREDIT.

(4) ALL REQUIRED DOCUMENTS INCLUDING DRAFTS - IF ANY – MUST INDICATE OUR CREDIT NUMBER.

(5) FULL BENEFICIARYS NAME AND ADDRESS: INTERNATIONAL IMPORT COMPANY LTD, STI. BOGAZICI SOKAK.NO:12 KAVAKLIDERE ANKARA ANKARA, TURKEY,

(6) ALL PARTIES TO THIS TRANSACTION ARE ADVISED THAT WHERE THE U.S. EU, UN, AND OTHER GOVERNMENT AND/OR REGULATORY AUTHORITIES IMPOSE SPECIFIC SANCTIONS AGAINST CERTAIN COUNTRIES, ENTITIES AND INDIVIDUALS, BANKS MAY BE UNABLE TO PROCESS A TRANSACTION THAT INVOLVES A BREACH OF SUCH SANCTIONS, AND AUTHORITIES MAY REQUIRE DISCLOSURE OF INFORMATION. ARAB BANK IS NOT LIABLE IF IT, OR ANY OTHER PERSON, FAILS OR DELAYS TO PERFORM THE TRANSACTION, OR DISCLOSES INFORMATION AS A RESULT OF ACTUAL OR APPARENT BREACH OF SUCH SANCTIONS.

KINDLY ACKNOWLEDGE RECEIPT AND ADVISE US BY SWIFT THE DATE OF THIS CREDIT HAS BEEN ADVISED TO AND RECEIVED BY BENEFICIARY.

71B:  Charges

           

ALL CHARGES AND COMMISSIONS OUTSIDE BAHRAIN INCLUDING COURIER, CONFIRMATION AND REIMBURSEMENT CHARGES SHOULD BE PAID BY BENEFICIARY.

48:  Period for Presentation

PLS SEE FIELD 47A ITEM NO.15

49:  Confirmation Instructions

CONFIRM

53A: Reimbursing Bank - BIC 

CHASUS33XXX JPMORGAN CHASE BANK, N.A. NEW YORK,NY US

78:   Instruction to Paying/Accepting/Negotiating Bank

YOU ARE KINDLY REQUESTED TO FORWARD ORIGINAL SET OF DOCUMENTS AND DUPLICATES DIRECTLY TO US IN TWO CONSECUTIVE SETS BY SPECIAL COURIER TO OUR ADDRESS : TRADE FINANCE LETTER OF CREDIT PROCESSING CENTER,  DUBAI, U.A.E. FOR THE VALUE OF DOCUMENTS WHICH STRICTLY COMPLY WITH CREDIT TERMS, PLS REIMBURSE ON OUR BAHRAIN BRANCHES CENTER, USD A/C WITH JPMORGAN CXXSE BANK N.A., NEW YORK UNDER ATHENTICATED SWIFT ADVICE TO US .

57D:  `Advise Through` Bank -Name&Addr

MEESNL2A

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