国际结算信用证练习

1、1. Put × in relative check box of the following sentences orfill the blanks to issue anIrrevocable unconfirmed documentary credit which is to expire on or before 30 June, 2000× and is available with the advising bank, the Industrial and Commercial Bankof China. Shanghai by deferred payment

2、 at 30days after presentation of documents against the documents.(1) In Irevocable Documentary Credit FormWe request you to advise beneficiary:without adding your confirmation。adding your confirmation。adding your confirmation if requested by the beneficiary。(2) In Notificat0n of Irrevocable Document

3、ary Credit FormThis notification and the enclosed advice are sent to you without any engagement on our part。As requested by the issuing bank, we hereby add our confirmation to this credit in accordance with the stipulations under UCP500 Article 9。(3)In Irrevocable Documentary Credit Form(Advice for

4、the beneficiary)Expiry date and place for presentation of documentsexpiry date: place for presentation: credit available withby payment at sightby defeered payment at by acceptance of draft(s) at by negotiatagainst the documents detailed hereinand beneficiarys draft (s) drawn on 20.FROM: XYZ BANK LT

5、D ANYTOWN ANYWHERETO: ADVISING BANK SOMETOWN SOMEWHEREDATE: 30 MARCHOUR DOCUMENTARY CREDIT REFERENCE NO1234TEST NO4321 VFOR USD2050000 DATED 30 MARcHWITH OUR HEAD OFFICEWE OPEN OUR DIVISIBLE, FRACTIONABLE DOCUMENTARY CREDIT NO 1234ORDER ACCOUNT OF: UVW COMPANY ANYTOWN ANYWHERE。FAVOUR: RST COMPANY SO

6、METOWN SOMEWHEREFOR THE AMOUNT oF USD2,050,000.00(TWO MILLION AND FIFTY THOUSANDAND 00/100 UNITED STATES DOLLARS)COVERING SHIPMENT OF1200MT. MILK POWDER CFR ANYWHERESHIPMENT FROM ANY PORT SOMEWHERE TO ANY PORT ANYWHERETRANSHIPMENT ALLOWED PART SHIPMENTS ALLOWEDVALID FOR NEGOTIATION AT THE COUNTERs O

7、F THE CONFIRMING BANK UNTIL 21 JULYSHIPMENT TO BE EFFECTED AS FOLLOWED:1ST SHIPMENT FOR600 MT。 ON OR ABOUT 27APRIL2ND SHIPMENT FOR600 MT。 TO BE EFFECTED BETWEEN 01 AND 31 MAY BOTHEND DATES To BE INCLUSIE.AVAILABLE FOR NEGOTIATION OF DRAFTs AT60 DAYS SIGHT DRAWN ON UVWCOMPANY ANYTOWN ANYWHERE ACCOMPA

8、NIED BY THE FOLLOWING DOCUMENTs:1. SIGNED COMMERCIAL INVOICE IN TRIPLICATE.2. FULL SET CLEAN SHIPPED ON BOARD BILLS OF LADING CONSIGNED TO ORDEROF XYZ BANK LTD MARKED FREIGHT PAID AND NOTIFY THE ACCOUNTEE。3. QUALITY CERTIFICATE ISSUED BY A COMPETENT AUTHORITY.4. COPY OF FAX SENT TO ACCOUNTEE ADVISIN

9、G SHIPMENT DETAILS, SHIPMENT DATE INOICE ALUE AND DOCUMENTARY CREDIT NUMBER WITHINFIE DAYs OF SHIPMENT。5.PACKING LIST.SPECIAL INSTRUCTIONs1.ALL BANK CHARGEs OUTSIDE ANYWHERE INCLUDING REIMBURSEMENTCHARCES ARE FOR ACCOUNT OF UW COMPANY。2.PLEASE ADISE THE BENEFICIARY ADDING YOUR CONFIRMATION.3.CLAIM R

10、EIMBURSEMENT FROM OUR ACCOUNT WITH OUR NEWYORK OFFICEAT MATURITY FOR DOCU MENTS PRESENTED INSTRICT C0MPLIANCE WITHTHE TERMS AND CONDITIONS OF THIS DOCUMENTARY CREDIT.4.THIS DOCUMENTARY CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS ANDPRACTICE FOR DOCUMENTARY CREDITS (1993 REISION)INTERNATIONAL CHAMBER OF

11、 COMMERCE(PUBLICATION NO 500)。P1ease examine the above L/C and answer the following questions:1) The documentary credit shou1d be advised as:(1)Revocab1e(2)Irrevocable(3)Revocab1e Transferable(4)Irrevocable Transferable2) All of the following documentary credit terms and conditions under UCP may bed

12、isregarded except:(1)divisib1e(2)fractionable(3)adding your confirmation(4)issued by a competent authority.3)Which of the following Bill of Lading “shipped on board” dates would be acceptabIe for the first shipment?1. 17April,2. 20April。3. 25Apri1。4. 02 May.(1) 3only(2) 3 and 4 on1y.(3) 2, 3 and 4 on1y.(4) 1, 2, 3and 4.4)Under the terms of the documentary credit, your bank may accept Quality Certiflcate issued by1. App1icant,2. Beneficiary,3. third party manufacturer,4.third party inspection company.(1) 1 and 2 only.(2) 2 and 3 only.(3) 1, 2 and 4 on1y,(4) 1, 3 and 4 on1y,5) Before confir