国际结算答案

-.z.Chapter1foreigne*changeforeigne*changedirectnon-cashdirectgoodsperformancetenderperformancerepaymentletterofcredit(1)Document(2)Guarantee(3)1Jan.,1994(4)1Jan.,1996(5)Reimbursement(6)1Jan.,1999Chapter2Section1〔1〕assignment〔2〕transfer〔3〕negotiation.〔1〕BritishandUSAlegalsystem〔2〕ContinentallegalsystemConventiononInternationalBillsofE*changeandInternationalPromissoryNotesConventiononInternationalCheque3.〔1〕negotiability〔2〕non-causticnature〔3〕requisiteinform〔4〕presentment〔5〕returnabilitynon-causticnaturerequisiteinformSection21.ABCCo.,Beijing*YZBank,LondonABCCo.,Beijing*YZBank,Londonat90daysaftersightGBP1250.00DEFCo.DEFCo.*YZBank,Londonacceptancepayment.2.(1)()unacceptable(2)()acceptable(3)()unacceptable(4)()acceptable(5)()unacceptable3.e*cludeinclude4.28February.28April1October4October5.(1)drawer(2)thefirstendorser(3)thesecondendorser6.(1)acceptor(2)drawer(3)thefirstendorser7.(1)()holderforvalue(2)()holderinduecourse(3)()may()may()may(4)()maynot()may(5)()may(6)()is()is(7)()isn’t8.BANKOFCHINAACCEPTANCENOTICELondon,24July,200*ToBankofChina,GuangzhouWegiveyoubelowdetailsofdraftacceptedbyourselves:YourRef.No.DrawerAmountDueRemarkBP2052706ChinaNationalFoodstuffsImp.&E*p.Corp.,GuangzhouBranchGBP12,000.0022OctForBankofChina,LondonSignature9.(1)guarantee(2)acceptance(3)endorsement10.GUARANTEEForaccountof:ChinaNationalTe*tilesImp.&E*p.Corp.TianjinBranchGuarantor:BankofChina,TianjinSignatureDate:15July,200*11.(1)HKD10,000.00BBank,HongKong9Oct.CCo.CCo.’s(2)()is(3)10,00058/3608%=128.8910,000-128.89=9871.11Section31.PromissoryNoteIssuedinBeijingthe1stdayofJuly1996Onthe1stdayofJuly1999fi*edWepromisetopayagainstthisPromissoryNotetotheorderofBankofOslo,Oslo,NorwaythesumofUSD612,000.00(sayUSdollarssi*hundredandtwelvethousandonly)PayableinOslo,Norway.ForBankofChinaH.O.Beijingsignature2.Netproceeds=principal(360100+issuerateissuetenor)/(360100+quoteratedaystorun)Netproceeds=2,000,000(360100+7.375181)/(360100+5.37584)=2,048,468.803.(1)Theimportantdifferenceisthatthepromissorynoteiswrittenandsignedbythepersonwhopromisestomakethepayment(thebuyer),andsenttothepersonwhoisowedthemoney(thee*porter).Abillofe*change,incontrast,isdrawnbythee*porterandsenttothebuyer(who"accepts〞andreturnsatermbill)(2)Therearetwopartiesinapromissorynote.Theyaremakerandholder.ChequeNo.******NewYorkChequeNo.******NewYork,30Nov.,200*PaytotheorderofHauYuanEconomic&DevelopmentpanythesumofUSdollarsonethousandandeightyonlyUSD1,080.00ToPhiladelphiaInternationalBank,Forandonbehalfof55BroadStreet,NewYorksignature02600509219105269spaceforendorsement4)ForHauYuanEconomic&DevelopmentCo.,ShenzhenSignature1.Section51．〔1〕ReportofOffsettingBalanceUnit:thousandpoundsinoutabcdefCREDITTotalNetA1,815.001,256.001,015.001,387.002,115.007,588.00B2,280.00875.001,106.001,546.001,715.007,522.00C1,905.00975.002,058.002,235.001,278.008,433.001,036.00D1,401.001,624.00954.002,177.001,950.008,106.00569.00E1,502.002,406.002,004.001,450.001,243.008,605.00F1,344.001,189.002,308.001,908.001,652.008,401.00100.00DE-BITTotal8,432.007,991.007,397.007,537.008,997.008,301.0048,655.00Net844.00469.00392.001,705.00〔2〕Dr.ABank844.00BBank469.00EBank392.00Cr.CBank1,036.00DBank569.00FBank100.002.〔1〕=1\*GB3①convection=2\*GB3②netproceeds=3\*GB3③recourse〔2〕DiscountNegotiation=1\*GB3①discount.=1\*GB3①negotiate/purchase=2\*GB3②accepted=2\*GB3②pliance.=3\*GB3③rediscount.=3\*GB3③reimbursement=4\*GB3④discount=4\*GB3④documentarydrafts.Section61.(1)E*changeforGBP7,700.00London,20March,200*At60daysaftersightpaythisfirstbillofe*changes(Secondofsametenoranddataunpaid)totheorderofWilliamCa*ton&panythesumofSeventhousandsevenhundredpoundsforvaluereceived.DrawnundercontractNo.27358againstshipmentofagriculturaltractorsfromLondontoBrisbaneforcollection.TotheOverseasImportingCo.,fortheE*portingCo.,LondonBrisbane,Australia.signature(2)agriculturaltractors60GBP7,700.00BrisbaneAcceptanceyou2.(1)BANKOFASIA,LONDONCHEMICALBANK,LONDON3,000,000.0018013.4%CREDIT2,799,000.00SilkPieceGoodsChinaChinaTunisEgypt1Aug.5Aug.20Sep.20Sep.USD1,500,000.00USD1,500,000.006FEB(2)BANKOFASIA,LONDONSTANDARDCHARTEREDBANK,NEWYORK12AUG.DEBITMANUFACTURERSHANOVERTRUSTCO.,NEWYORKCREDIT3,000,000.00(3)12AGUUSD3,000,000.006FEB14.9%perannumUSD221,016.676FEBUSD3,221,061.67Section7123Duedate(P)Outstandingpricipal(t)Numberofdays(I)Interestat12.384%perannumCapital(FV)Facevalueofbills(t)Time(days)(N)Discountnumbers500,000.0018631,992.0050,000.0081,992.00188154,144.96450,000.0018228,173.6050,000.0078,173.60370289,242.32400,000.0018225,043.2050,000.0075,043.20552414,238.46350,000.0018221,912.8050,000.0071,912.80734527,839.95300,000.0018318,885.6050,000.0068,885.60917631,680.9530.06.94.250,000.0018115,566.0050,000.0065,566.001,098719,914.68200,000.0018412,659.2050,000.0062,659.201,282803,290.94150,000.001819,339.6050,000.0059,339.601,463868,138.34100,000.001846,329.6050,000.0056,329.601,647927,748.5150,000.001823,130.4050,000.0053,130.401,829971,755.01total173,032.00500,000.00673,032.006307,994.124.Pleasepletethemitmentletterinthefollowingform:mitmentLetterTo:BritishTradingCo.,LondonLondon:1April,1991Dearsirs,ForfaitingTransactionNo.******Withoutrecoursepurchaseof10billsofe*changeOnthebasisofinformationwhichyouhavegiventousandsubjecttoreceiptofsatisfactorydocumentation,weconfirmourpurchaseandyoursale,withoutrecoursetoyou,ofthefollowingbillsofe*change.Amount:USD673,032.00(SayUSdollarssi*hundredandseventythreethousandandthirtytwoonly)Drawer:BritishTradingCo.,LondonAvalor:BancamercialItalian,MilandMaturity:10semi-annualinstallmentsFirstmaturity2Jan.,1992forUSD81,992.00Lastmaturity30June,1996forUSD53,130.40Domicileofpayment:BancamercialItalian,MilandTerms:Discountat9.875%calculatedonthebasisofa360-day-yearplustwodaysgrace.mitmentfee:at1.2%perannumfromtoday’sdatetothedeliveryofdocumentation,payablemonthlyinadvance.Deliveryofdocumentstous:Before29July,1991Weconfirmthatwewaiveourrightofrecourseagainstyouaspayeeofthesebills.yoursfaithfullyForFinanzAG.,LondonsignatureMemorandomofacceptanceWeherebyaccepttheabovetermsandconditionsForandonbehalfofBritishTradingCo.,LondonsignatureChapterthreePartOne:1).(1)remittance(2)reverseremittance2).(1)remitter(2)payee(3)remittingbank(4)payingbank3).(1)outwardremittances(2)inwardremittances4).(1)T/T(2)M/T(3)D/D5).(1)chips(2)fedwire(3)bank’sinternalpaymentbybookentries6).(1)mailadvice(2)paymentorder7).(1)banker’scheque(2)bank’spromissorynote8).draftoncenter9).(1)goodssold(2)sellingonconsignmentPartTwo:1).1,250×13.6797/8.2753=USD2,066.34TheremittingbankwilldrawUSD2,066.34outofcustomer’sUSDaccount2).FROM:BANKOFCHINA,TIANJINTO:BANKOFCHIAN,LU*EMBURGDATE:9JUNETEST2563OURREF208TT0219NOTANYCHARGESFORUSPAYUSD1,660.00TOBANQUEINTERNATIONALDULU*EMBURGFORCREDITINGACCOUNTNO.0－164/7295/550OFMARIECLAUDADUMONT,LU*EMBURGMESSAGEPAYROLLORDERCRYSTALPALACEHOTEL,TIANJINCOVERDEBITOURHOACCOUNT3).BANKOFCHINAPAYMENTORDERTianjin9June199-ToBankofChinaToBankofChina,NewYorkPaymentlessyourchargesifany.IncoverPleasedebitouraccountwithyouFundsremittedtoyouviaNo.ofMailTransfertobepaidtoAccount208TT0212Te*asmerceBank,HoustonforcreditofaccountNo.1322189infavouronWouInternationalCo.USD8,124.00MessagePurchasingIBMputerByorderofCrystalPalaceHotelAmountinwordsUSdollarseightthousandonehundredandtwentyfouronlyForBANKOFCHINATIANJINSignatures4).M/TD/D⑴mailadvicepaymentorder⑴demanddraft⑵signature⑵signature⑶safe⑶safe⑷lower⑷lower⑸slower⑸purchased5).Incoverwehaveauthorized*YZBank,NewYorktodebitouraccountandcredityouraccountwiththem.6).BANKOFCHINANo.20060613ThisdraftisvalidforoneAMOUNTHKD32,150.00YearfromdateofissueTianjin,8May,200*To:BankofChina,HongKongPaytotheorderofUnitedTradingpany,HongKongTHESUMOFHongKongdollarsthirtytwothousandonehundredandfiftyonlyPAYAGAINSTTHISDRAFTTOTHEDEBITOFOUR——ACCOUNTBANKOFCHINA,TIANJINSignatures4.1)T2)T3)F4)T5)F6)T7)T8)T9)F5.1)D2)B3)A4)A5)B6)C7)A8)D9)D6.1).新的最高限额增加为2，500.00美元的国际汇票将逐渐替代限额为1，000.00美元的国际汇票。然而，你们可继续收取和兑现后者；请你们在收到进一步通知前，按以前的做法对它们议付。2).开票时尚未清算——请再提示。可"兑现或付抬头人〞的支票应有出票人背书。出票人止付。3).将英镑金额及费用借记在英国客户账上，〔同时〕贷记海外行英镑账户。从英国银行角度看来，此为来账。将等值于外币的英镑金额，加上费用，借记在客户账上，〔同时〕将外币金额贷记在往账上。〔假设英国客户开有外币账户，则适当的外币金额可直接借记在账户上，无需将外币兑成英镑。〕Chapterfour1.PartOne:1).(1)acceptance(2)payment2).billsofe*change,invoices3).(1)clean(2)documentary(3)direct4).(1)principal(2)remittingbank(3)collecting,presenting(4)drawee5).collectioninstruction,URC5226).blank,special7).addresspresentation,address8).(1)payment,D/P(2)acceptance,D/A(3)tenordraft(4)paidatsight,acceptance(5)signedtrustreceipt(6)promissorynotes(7)letterofundertaking9).(1)collectionbillspurchase(2)advanceagainstcollectionacmodationbillsfordiscount(4)trustreceipt10).Pleasecollecttheproceedsandauthorizeusbycable/airmailtodebityouraccountwithus.PartTwo:1).(1)E*CHANGEforUSD1,200.00Tianjin,14July,200*atsightpaythisfirstBillofE*change(secondofsametenoranddateunpaid)totheorderofBankofChinathesumofUSdollarsonethousandtwohundredonlyDrawnagainstshipmentof20setsoftransistorsshippedpers.s.ChenghaufromTianjintoLeHarveforcollectionToContinentalCo.,ForChinaNationalInsreuments46RueduAncient,ParisImp.&E*p.Corp.,TianjinBranch,Tianjinsignature_______________________________________________________________________ForcollectionPaytotheorderofSpaceforindorsement:BanqueduParis,ParisFor,BankofChina,Tianjinsignature(2).ORIGINALTo:BanqueduParis,ParisDate:15July200*OurRef.No.0C2576459DearSirs,Wesendyouherewiththeunder-mentioneditem(s)/documentsforcollection.Drawee:ChinaNationalInstrumentsImp.&E*p.Corp.,TianjinBranch,TianjinDraftNo.:Date:14July,200*DueDate/TenorAtsightDrawee(s):ContinentalCo.,46RuedeAncient,ParisAmount:USD1,200.00Goods:TransistorsFrom:TianjinTo:LeHarveBy/Pers.s.ChenghauOnDocumentDraftInvoiceB/LIns.Policy/Cert.W/MC/OP/L1st1/22/32/31/21/21/22nd1/21/31/31/21/21/2Pleasefollowinstructionsmarked〞×〞:⑴(×)Deliverdocumentsagainstpayment/acceptance.⑵(×)Remittheproceedsbyairmail/cable.⑶(×)Airmail/cableadviceofpayment/acceptance.⑷(×)Collectchargesoutside____________fromdrawee,waiveifrefusedbyhim.⑸()Collectinterestfordelayinpayment________daysaftersightat_____%perannum.⑹(×)Airmail/cableadviceofnon-payment/non-acceptancewithreasons.⑺()Protestfornon-payment/non-acceptance.⑻(×)Protestwaived.⑼(×)Whenaccepted,pleaseadviseusgivingduedate.⑽(×)Whencollected,pleasecreditouraccountwith________.⑾(×)Pleasecollectandremitproceedsto_____forcreditofouraccountwiththemundertheiradvicetous.⑿()Pleasecollectproceedsandauthorizeusbyairmail/cabletodebityouraccountwithus.SpecailInstructionsThiscollectionissubjecttoForBankofChina,TianjinUniformRulesforCollectionsignature(1995Revision)ICCPublicationNo.522AuthorizedSignature(s)2).(1)E*CHANGEforGBP15,000.00London,10March,200*At90dayssightpaytotheorderofourselvesthesumofPoundsfifteenthousandonlyDrawnunderAcceptanceCreditAgreementNo.2048againstshippingofte*tilesfromLondontoSydneyToBankofSydney,ForBritishTradingCo.,LondonLondonsignature(2).15,000×90/365×6/100=221.9215,000－221.92=14,778.08ThenetproceedsGBP14,778.08willbeavailablebytheprincipals.3).MARKSANDMUMBERSQUANTITYDESCRIPTIONOFMERCHANDISESTEAMER20casesPorcelains.s.VictoriaGuaranteedby:Signedby:RichardChengandCo.,DaWahTradingpany38PrinceRoad,Singapore189Seashorestreet,Singapore4.1)T2)F3)F4)T5)T6)T7)T8)F9)F10)F11)F12)F5.1)B2)A3)D4)B5)D6)A7)B8)D9)A10)D11)A12)A6.1)托收统一惯例是国际上承受的跟单托收规则，虽然托收统一惯例未被收编进国内法或国际法，但是该统一惯例对所有各方均有约束力，因为所有银行当局〔尤其是托收委托书〕说明托收受统一惯例制约。〔c〕银行必须检查他们已经收到托收委托书中所规定的单据，但是他们没有义务审核单据。〔d〕并非所有的海外银行都可靠，更平安的做法是，由托收行选择其海外银行中的一家为代收行，该代收行为托收行熟知，能适当地执行托收指示。〔j〕如果托收委托书指定一名需要时的代理人〔即出口商的代理人，他是进口国的居民〕，必须明确说明其权限。2).外国银行：电汇付款的时候请标明托收序号——这是重要的信息。本托收委托书遵循国际商会当前生效的托收统一惯例。ChapterfivePARTONE11)finance2)sales3)receivables4)buyer’s222)Assignment5)Issuingcreditnote31)approvedcreditline2)fi*ed3)e*porter4)reduce5)currency6)inquire7)e*change41)singlefactorsystem2)twofactorsystem5e*porter;e*portfactor;factor;e*porter;factor;e*porter;factor6factor;importerPARTTWO11DiskoFactoringBankGMBH2Germany3Deutsche4DEM5HubeiProvincialNativeproduceI/Ecorp.61June7Perl&TreiberGMBH&Co.,6831Plankstadt,Germany819FC11-VH1191028May11O/A30daysMaturitydate:21July12DEM121,638.0013DEM121,638.0015AtmaturitypleasecreditourHeadOfficeDEMaccountwithmerzeBankAG.,FrankfertinfavourofourBeijingBranchquotingourinvoiceNo.always.2121,638-121,638÷2×(1+50÷360×9%)=60,058.76Thee*portfactorwillcreditDEM60,058.76tothee*porter’saccount.三⑴G⑵H⑶F⑷O⑸E⑹P⑺G⑻I⑼N⑽A⑾Q⑿J⒀K⒁D⒂L⒃B⒄M⒅C四1〔1〕A(2)collection,insurance,andfinance(3)thefactorpaysthee*portonthebasisoftheagreedaveragecollectionperiodregardlessofwhethertheimporthaspaid.invoicevalueassistancewithcollectionandinsuranceagainstbaddebtsandadvance70tovalueoftheaccountsinterest2〔1〕A(2)A(3)AChapter6Answers:二1(1)undertaking(2)undertaking(3)undertakingplied(4)issuingbank;termsandconditions2(1)accept;pay(2)anotherbank(3)negotiate3(1)applicantandbeneficiary(2)application(3)letterofcredit4(1)goods(2)contract(3)paymentundertaking5(1)H(2)E(3)B(4)F(5)A(6)G(7)D(8)C6(1)C(2)B(3)C(4)D(5)E7uncertain8(1)flowing(2)delivery(3)quality(4)goods9(1)packing(2)negotiation(3)importation;e*change10(1)funds(2)plied11(1)undertaking;beneficiary(2)interest12(1)revocable;transferable(2)issuing(3)①issuing②airmailing(4)①presentationofdocuments②place;nominatedbank(5)Name(6)favor(7)①advise②nominated(8)①words②10%(9)①paymentatsight②deferredpayment③60days;nominatedacceptingbank④issuingbank(10)allowed(12)insurance(13)①②European③Chinese④a.includeb.e*cludec.15th;lastd.1st11th21st(14)--(20)InvoiceTransportInsurance21transferringcondition(21)presentatione*pirye*piry(22)advisingauthorized(23)reimbursementreimbursementreimbursement525(24)issuing(25)issuingadvising三1(1)D(2)allthedocumentsplywiththestipulationsofthecredit(3)abilloflading,aninvoiceandaninsurancedocumentplusoneortwosupplementarydocuments2(1)BAC(2)issuingbank→advisingbank→e*porter;importer→issuingbank(3)issuingbankande*porter3(1)A(2)A,B(3)Bchapter7Section1:1amendedcancelled2(1)undertaking(2)irrevocability3(1)applicantissuingbank’s(2)applicantissuingbank’s4acmodatingdraft5amendedcancelledbeneficiary6revoked7(1)e*tends(2)issuance(3)7acceptanceamendment8(1)acceptablerejectedacceptance(2)undertakingSection2:1undertakingplied2presentationas3authenticity4withoutwithoutwithSection3:1(1)paymentatsight(2)deferredpayment(3)acceptance(4)negotiation2beneficiarybeneficiary3value4draft5(1)②(2)②(3)30June,2000BankofChina,Shanghai①6(2)(4)(7)(9)(13)(15)7⑵⑸⑽⑾⑿Section4:1(1)/(2)deferredpayment2(1)atsight(2)buyer’s(3)issued3(1)/(2)/(3)(1)4(1)/(2)(2)5Buyer’sUsanceCreditSeller’sUsanceCreditCSection5:1available2availablebeneficiary3nominatedauthorized4divisiblefractionableassignabletransmissible5once6firstbeneficiary7rightamendment8firstbeneficiarytransferring①firstbeneficiary②reduced③shortened④increased⑤firstbeneficiaryinvoicedraftsecondbeneficiary⑥paymentnegotiationplace9mission10②11(1)proceeds(2)rightSection6:1(1)credit2applicantsupplier3BacktobackL/CTransferablecredit(1)applicant(1)applicant(2)/(2)/(3)master(3)payment(4)issuing(4)transferringSection7:1advance2(1)/(2)Red(3)receipt3(1)(1)(2)(2)a(3)①/②(3)4reinstatedamendment5(1)time(2)value6(1)time(2)value7(1)automatic(2)non-automatic(3)semiautomatic8(1)automatic(2)non-automaticSection8:1(1)borrowed(2)/(3)default2(1)issuance①name②/(2)drawrights(3)①ply②a.Acceptanceb.deferredc.negotiation(4)undertaking3(1)undertakings(2)paymentmercialcreditStandbycredit/documents(3)/(4)UCP500.(5)beneficiary’s(1)Non-trade(2)Payment(3)demand(4)ISP98(5)applicantSection9:1applicationauthenticitybeneficiary2(1)cablepreliminary(2)full(3)SWIFT三1〔1〕F〔2〕B〔3〕C〔4〕E〔5〕D〔6〕A2〔1〕A〔2〕B〔3〕B〔4〕A〔5〕C〔6〕A(7)B3〔1〕C〔2〕D〔3〕E〔4〕A〔5〕F〔6〕B四1〔1〕CreditLlyonnais(2)Paris,25Nov,.200*〔3〕ChinaNationalNativeProduceandAnimalBy-productsImp.&E*pCorp.,TianjinNativeProduceBranch〔4〕BankofAsia,Tianjin〔5〕ING58510〔6〕USD43,272.93〔7〕20Feb.,200*〔8〕Asperrequirementsofthisquestion〔9〕Asperrequirementsofthisquestion(12)Septuplicate(13)4/4(14)Orderandendorsedinblank(15)Prepaid(17)Duplicate(20)Calais(21)5Feb.,200*(22)allowed(23)allowed(24)Weherebyengagethatpaymentwillbedulymadeagainstdocumentspresentedinconformitywiththetermsofthiscredit(25)Pleaseadvicethecredittothebeneficiarywithoutaddingyourconfirmation(26)Whenutilizedkindlyadviseusofyourpaymentandchargesbytestedtele*statingdocumentspliedwithandwewillcoveryourBeijingHeadOfficeaccountwithusinyourfavor,value2workingdaysafterreceiptofyourtele*atourcounter.(27)CreditLyonnais,Paris.2(1)HwaYungpany,178,SouthRoad,Macao(2)11Oct.,200*(3)NanTungBankofMacao,Macao(4)83095(5)MalayanBankingBerhad,Penang(6)SinKeepany,54QueenStret,HongKong(7)HKD26,000.00;(8)HongKongdollarstwentysi*thousandonly;(9)20Nov.,200*;(10)27%;(11)2.000pairsrainbootsatHKS13.00*IFPenangpereachpair;(12)10Nov.,200*;(13)10;(14)Macao;(15)Macao;(16)20Nov.,200*3〔1〕BANKOFASIA,HK;〔2〕BANKOFASIA,SHENZHENBRANCHNO.68SHENNANROAD,CENTRAL,SHENZHEN518043,GUANGDONG;〔3〕DOCUMENTARYCREDITNUMBERE-01-N-04939;〔4〕APPLICANT;NEWTOWERDEVELPPMENTLIMITEDROOM2504-5VAUSEWAYBAYPLABA489HENNESSYROAD,CAUSEWAYBAY,HONGKONG;〔5〕BENEFICIARY:SHENZHENBUILDINGMATERIALSBLDG,28SHENNAGZHONGRD.SHENZHEN,CHINAACCOUNTNO.6251420110002;〔6〕CURAMOUNT:USD34,800.00;〔7〕DRAFTSATSHIGHTQUOTINGNO,ANDDATEOFTHISLCANDNAMEOFLCISSUINGBANK;〔8〕DRAWEE(FULLADDRESS):ISSUINGBANKFORFULLINVOICEVALUE;〔9〕+SIGHEDMERCIALINVOICE+FULLSETOFCLEANONBOARDOCEANBILLSOFLADINGMADEOUTTOORDEROFBANKASIA,HONGKONGMARKEDFREIGHTPREPAIDANDNOTIFYNEWTOWERGRANITEANDMARBLECO.,LTD.ROOM2504-5CAUSEWAYBYPLAZA,489HENNESSYROAD,CAUSEWAYBAY,HONGKONG+MARINEINSURANCEPOLICYORCERTIFICATE.ENDORSEDINBLANKBYTHEASSUREDFORATLEAST110-%OFTHECIFVALUECOVERINGF.P.A.ANDF.R.E.C.ASPEROCEANMARINECARGOCLAUSES(1/1/1981)OFPICCSHOWINGCLAIMSPAYABLEATDESTINANTIONINTHESAMECURRENCYASDN.INSURANCETOINCLUDETHERISKSOFJETTISONANDWASHINGOVERBOARDINCASEOFSHIPMENTBYCONTAINER+PACKINGLIST+BENEFICIARY’SCERTIFICATEADDRESSEDTOISSUINGBANKCONFIRMINGTHEIRACCEPTANCE.AND/ORNON-ACCEPTANCEOFALLTHEAMENDMENTSMADEUNDERTHISCREDITQUOTINGTHERELEVANTAMENDMENTISNOTREQUIRED;〔10〕INSTRUCTIONSTOTHEPAYING/ACCEPTING/NEGOTIATINGBANK:+EACHDRAWINGBEECDORSEDONTHEREVERSEBYPRESENTING/ENG.BANK+ALLDOCUMENTSTOBEDESPATCHEDTOCREDITISSUINGBANKINONELOTBYFIRSTAVAILABLEAIRMAIL+ONRECEIPTOFDOCUMENTSCONFORMINGTOTHETERMSOFTHISDOCUMENTARYCREDITWESHALLREIMBURSEYOUINACCORDANCEWITHYOURINSTRUCTIONSChapter8TransportdocumentsSection11.(1)carrier(2)consignorbeneficiaryoriginalbillofladinggoodsarrival2.(1)shipperChinaNationalLightIndustrialProductsImp.&E*p.Corp.,BeijingBranch,BeijingConsigneeToorder(2)DelivertotheorderofNationalWestminsterBankLtd.,LondonChinaNationalLightIndustrialProductsImp.&E*p.Corp.,BeijingBranch,BeijingSignature3.ChinaOceanShippingAgencyasagentfor(or"onbehalfof〞)JessenshippingCo.carriersignature4.Onboard30June,200*5.Onboard16Nov.,200*perOceanVesselZhongshanatShanghai(×)doesnot7.(1)(×)notacceptable(×)notacceptable(2)(×)notacceptable8.(×)thelastdateSection21.destinationconsignee.2.(1)(×)Yes(2)(×)No(3)(×)wouldnotSection31.(1)ABCLineSignature(2)theownersignature(3)ABCLine,theownerSignature2.onboardnotiondatedissuanceonboard3.(×)seller(×)buyerisresponsibleforcharteringshipSection41.(1)SmithForwardersas(2)SmithForwardersagentfor(or"onbehalfof〞)asagentfor(or"onbehalfof〞)ABCLine,thecarrierABCLine,themultimodalTransportoperatorSignaturesignature2.(1)tobearersurrenderingoneoriginalofthedocumentwhichneednottobeendorsed.(2)toorderofanamedpersonuponproofofhisidentityandsurrenderingoneoriginaldocumenttoordersurrenderingoneoriginalofthedocumentdulyblankedendorsed.(3)asindicatedbytheconsignor3.vesselnamedateportofloading.Section5(1)/(2)thecarriersignature(3)/2.morethanoneoriginaltoordertobeendorsed3.(1)theissuingbank(2)thelatterhasreimbursedtheissuingbank(3)alreadyauthorizedthereleaseofthegoods4.issuance5.thesameSection6SmithForwardersasagentfor(or"onbehalfof〞)ABCLine,thecarriersignature2.fullsetoriginal(s)3.(1)×4.permittedSection71.(1)(×)Yes(2)(×)No(3)(×)No(4)addressee2.(1)dated(2)/3.credit4.(1)(×)Yes(2)(×)No(3)(×)No(4)addressee5.issuer6.creditSection8asmultimodaltransportoperator*YZForwarder’sServices*YZForwarder’sServicesasmultimodaloperatorsignature2.ABCLine*YZForwarder’sServicesasagentfor(or"onbehalfof〞)ABCLinethemultimodaltransportoperatorsignature3.(×)notacceptable4.(×)acceptableChapter9Section11.(1)E*piry(2)presentation2.inorder3.beneficiarypresentingbank.4.(×)isnot5.applicantanadditionaldocument.6.figurescredit7.daysdateSection21.correspondgeneral2.(1)(×)neednot(2)(×)must3.(2)(×)(4)(×)4.(1)(×)(4)(×)5.(1)(×)(2)(×)(4)(×)6.(1)(×)plete(2)(×)partialshipment7.(1)(×)plete(2)(×)partialshipment8.(1)=1\*GB3①(×)is=2\*GB3②(×)isnot(2)(×)is9.(1)(×)10.(1)(×)11.(×)isSection31.certificatedeclarationpolicy2.CIFCIP10%110%greater3.franchise4.totheorderoftheBankofTokyoLtd.,TolyoChinaNationalArtsandCraftsE*p.Corp.,BeijingsignatureSection4documentcredit(1)(×)Yes(2)(×)Yeslistcredit(2)(×)chapter10一1reasonablecare2internationalstandardbankingpractice3(1)reimburse(2)takeup4documents5is6refusealldiscrepanciesseven7drawerissuer8amount9pleteamount10correspond11wrongright12(1)badly(2)badly(3)better(4)101013(1)loss(2)forward(3)issuing14documentse*pirydocuments14(1)correction(2)approval(3)documentdirectly(4)cableauthority(5)indemnity(6)underreserve(7)collection16(1)reimburse(2)take(3)notice17e*ercise18guaranteeguaranteeguarantee19(1)goodsvalue(2)letterofguarantee(3)guaranteetakinggoods二(1)InsurancepolicyshowsinsurancecoveringW.A.insteadofallrisksasrequiredbythecredit.(2)B/Lshows"wrappersof1baletorn〞whichconstitutesuncleanB/L(3)B/Lshowsdateofloadingonboardwhichislaterthanlatestdateforshipmentstipulatedinthecredit(4)B/Lhasnotbeenendorsedinblankbytheshipper.(5)B/Lhasbeenmarkedthewords〞freightpayableatdestination〞whilethecreditcallsfor"freightprepaid〞(6)B/LshownotifypartyasOkura&Co.Ltd.KobeinsteadofOkura&Co.Ltd.,Osaka(7)Invoiceshowsnetweight895kgs,thelesstoleranceofwhichisw*ceeding10%asallowedbythecredit.(8)Invoiceshowsnetweight895kgs,thelesstoleranceofwhichconstitutespartialshipment(9)B/Lshows〞withtransshipmentatHongKong〞whilecreditprohibitstranshipment(10)Draftamountinwordswhichdoesnotcorrespondwithamountinfigures.(11)Draftshowsnameofissuingbankas"ThebankofTokyoLtd.,Tokyo〞insteadof"TheBankofTokyoLtd.,Osaka〞.(12)Insurancepolicyshowssailingdatewhichdoesnotagreewithshipmentdate.(13)Dateofissuanceofinsurancepolicyislaterthandateoflo