审核信用证练习1

审核信用证练习一班级姓名学号1.根据合同审核信用证2007年10月31日上海新龙股份有限公司收到创鸿(香港)有限公司通过香港南洋商业银行开来的编号为L8959344的信用证，请根据双方签订的合同(CONTRACTNO：GL0082)对信用证进行审核，指出信用证存在的问题并作出修改。合同

CONTRACTORIGINALTHESELLER:SHANGHAINEWDRAGONCO.,LTD. CONTRACTNO:GL008227CHUNGSHANROADE,1.SHANGHAI,CHINADATE:Oct.5,2007TELEPHONE:86-21-63218467FAX:86-21-63291267PLACE:SHANGHAITHEBUYER:SUPERBAIM(HONGKONG)LTD.,RM.504FUNGLEECOMMBLDG.6-8APRATTAVE.,TSIMSHATSUI,KOWLOON,HONGKONGTHEBUYERANDSELLERHAVEAGREETOCONCLUDETHEFOLLOWINGTRANSACTIONSACCORDINGTOTHETERMSANDCONDITIONSSTIPULATEDBELOW:1.COMMODITY&SPECIFICATIONPACKING&SHIPPINGMARK2.QUANTITY(PCS.)3.UNITPRICE4.AMOUNT80%COTTON20%POLYESTERLADIESKNITJACKETCIFH.K.ART.NO.49394(014428)600US$14.25USD8550.00ART.NO49393(014428)600US$14.25USD8550.00ART.NO.55306(014429)REMARKS:1)EACHINPLASTICBAGS,24BAGSTOACARTONTOTAL75CARTONS2)SHIPPINGMARK:SUPERBH.K.NO.1-75MADEINCHINA600US$14.25TOTAL:IUSD8550.00FSD25,650.00TOTALVALUE:SAYUSDOLLARSTWENTY-FIVETHOUSANDSIXHUNDREDANDFIFTYONLY.TIMEOFSHIPMENT:Within45daysofreceiptofletterofcreditandnotlaterthanthemonthofDec.2007withpartialshipmentsandtransshipmentallowed.PORTOFLOADING&DESTINATION:FROMSHANGHAITOHONGKONGTERMSOFPAYMENT:By100%ConfirmedIrrevocableSightLetterofCreditopenedbythebuyertoreachtheSellernotlaterthanOct.31th.2007andtobeavailablefornegotiationinChinauntilthe15thdayafterthedateofshipment.IncaseoflatearrivaloftheL/C,theSellershallnotbeliableforanydelayinshipmentandshallhavetherighttorescindthecontractandorclaimfordamages.INSURANCE: Tobeeffectedbythesellerfor110%oftheCIFinvoicevaluecoveringALLRISKSANDWARRISKasperChinaInsuranceClauses.TERMSOFSHIPMENT:TobegovernedbyuINCOTERMS2000v.FortransactionsconcludedonCIFterms,allsurchargesincludingportcongestionsurcharges,etc.leviedbytheshippingcompany,inadditiontofreight,shallbefortheBuyer'saccount..TheBuyer: TheSellerSUPERBAIM(HONGKONG)LTD., SHANGHAINEWDRAGONCO.,LTD.国外来证：070CT20 14:57:32 LOGICALTERMINALP005MT:S700 ISSUEOFDOCUMENTARYCREDITPAGE00001FUNCSWPR3

UMR00182387APPLICATIONGHEADER07001547970225SAIBILK.JTCXXX38469920240010151447♦NANYANGCOMMERCIALBANKLTD.♦HONGKONGUSERHEADERSEQUENCEOFTOTALFORMOFDOC.CREDITDOC,CREDITNUMBERDATEOFISSUEEXIPRYAPPLICANTBENEFICIARYAMOUNTAVAILABLEWITH/BYUSERHEADERSEQUENCEOFTOTALFORMOFDOC.CREDITDOC,CREDITNUMBERDATEOFISSUEEXIPRYAPPLICANTBENEFICIARYAMOUNTAVAILABLEWITH/BYSERVICECODE103:BANKPRIORITY113:MSGUSERREF108:INFO.FR0MC1115:♦27:1/2♦40:IRREVOCABLE♦20:L8959344♦31C:071020♦31D:DATE071231ATNEGOTIATINGBANK'SCOUNTER♦50:SUPERBAIM(HONGKONG)LTD.HONGKONG♦59:SHANGHAINEWDRAGONCO.,LTD.27CHUNGSHANROADE,1SHANGHAI,CHINA♦32B:CURRENCYUSDAMOUNT25,6500.00♦41D:NANYANGCOMMERTIALBANK,LTD.H.K.BYNEGOTIATIONDRAFTSAT-DRAWEEPARTIALSHIPMENTSTRANSSHIPMENTLOADINGINCHARGEFORTRANSPORTTOLATESTDATEOFSHIPDESCRIPT.OFGOODSART.NO.DRAFTSAT-DRAWEEPARTIALSHIPMENTSTRANSSHIPMENTLOADINGINCHARGEFORTRANSPORTTOLATESTDATEOFSHIPDESCRIPT.OFGOODSART.NO.49394(014428)49393(014428)55306(014429)QUANTITY600PIECES600PIECES600PIECESUNITPRICEUSD14.25USD14.25USD14.25♦42C:DRAFTSAT20DAYS'SIGHTFORFULL

INVOICEVALUE♦42A:NANYANGCOMMERCIALBANK,LTD.♦43P:ALLOWED♦43T:PROHIBITED♦44A:SHIPMENTFROMCHINESEPORT(S)♦44B:SINGAPORE/HONGKONG♦44C:071215♦45A:80%C0TT0N20%P0LYESTERLADIESKNITJACKETASPERS/CNO.GL0082PRICETERM:CIFH.K.DOCUMENTSREQUIREDM6A:+3/3SETOFORIGINALCLEANONBOARDOCEANBILLSOFLADINGMADEOUTTOORDEROFSHIPPERANDBLANKENDORSEDANDMARKEDuFREIGHTCOLLECTvNOTIFYAPPLICANT(WITHFULLNAMEANDADDRESS).+ORIGINALSIGNEDCOMMERCIALINVOICEIN5FOLDINDICATINGS/CNO.+INSURANCEPOLICYORCERTIFICATEINTWOFOLDENDORSEDINBLANK,FOR120PCTOFTHEINVOICEVALUEINCLUDING:THEINSTITUTECARGOCLAUSES(A),THEINSTITUTEWARCLAUSES,INSURANCECLAIMSTOBEPAYABLEATDESTINATIONINTHECURRENCYOFTHEDRAFTS.+CERTIFICATEOFORIGINGSPFORMAINONEORIGINALANDONECOPY.+PACKINGLISTIN3FOLD+BENEFICIARY'SCERTIFICATESTATINGTHATALLDOCUMENTSHASBEENSENTWITHIN2DAYSAFTERSHIPMENT.ADDITIONALCOND. ♦47:l.T.T.REIMBURSEMENTISPROHIBITED.THEGOODSTOBEPACKEDINEXPORTSTRONGCOLOREDCARTONS.INSPECTIONISTOBEEFFECTEDBEFORESHIPMENTANDRELEVANTCERTIFICATES/REPORTSAREREQUIREDFROMTHEINSPECTORDESIGNATEDBYTHEBUYER.DETAILSOFCHARGES♦71B:ALLBANKINGCHARGESOUTSIDEHONGKONGINCLUDINGREIMBURSEMENTCOMMISSIONAREFORACCOUNTOFBENEFICIARY.PRESENTATIONPERIOD♦48:DOCUMENTSTOBEPRESENTEDWITHIN15DAYSAFTERTHEDATEOFSHIPMENT,BUTWITHINTHEVALIDITYOFTHECREDIT.CONFIRMATION ♦49:WITHOUTINSTRUCTION ♦78:THENEGOTIATIONBANKMUSTFORWARDTHEDRAFTSANDALLDOCUMENTSBYREGISTEREDAIRMAILDIRECTTOUS(NANYANGCOMMERCIALBANK,LTD.WESTERNDISTRICTBILLSCENTER128BONHAMSTRANDE.HONGKONG)INONELOTS,UPONRECEIPTOFTHEDRAFTSANDDOCUMENTSINORDER,WEWILLREMITTHEPROCEEDSASINSTRUCTEDBYTHENEGOTIATINGBANK.ITISSUBJECTTOTHEUNIFORMCUSTOMSANDPRACTICEFORDOCUMENTARYCREDITS(2007VERSION),INTERNATIONALCHAMBEROFCOMMERCEPUBLICATIONNO.600.2.请根据所给合同审核信用证SHANGHAILIGHTINDUSTRIALPRODUCTSIMPORT

ANGEXPORTCORPORATIONSALESCONFIRMATION128HuqiuroadShanghaiChinaTele:86-21-23140568

Fax:86-21-25467832NO：PLW253DATE:Sept.15,2011ASUANO：PLW253DATE:Sept.15,2011ASUABERTH3,KWAICHUNG,N.T.,HONGKONGP.0.Box531HONGKONGNAMEOFCOMMODITY:SPECIFICATION:PACKING:WeherebyconfirmhavingsoldtoyouthefollowinggoodsontermsandconditionsasstatedbelowNAMEOFCOMMODITY:SPECIFICATION:PACKING:ButterflyBrandSewingMachineJA-1153DrawersFoldingCoverPackedinwoodencasesofoneseteach.QUANTITY:Total5500setsQUANTITY:Total5500setsUNITPRICE:UNITPRICE:TOTALAMOUNT:only.)SHIPMENT:INSURANCE:valueagainstUS$64.00persetCIFC3%H.K.US$352000.00(SayU.S.dollarsthreehundredandfiftytwothousandDuringOct./Nov.2011fromShanghaitoH.K.withpartialShipmentsandtransshipmentpermitted.Tobecoveredbythesellerfor110%oftotalinvoiceAllrisksandwarrisksaspertherelevantoceanmarinecargoclausesofthePeople'sInsuranceCompanyofChina

datedJanuary1st,1981.PAYMENT: ThebuyershouldopenthroughabankacceptabletotheselleranIrrevocableLetterofCreditat30daysaftersighttoreachtheSeller30daysbeforethemonthofShipmentvalidfornegotiationinChinauntilthe15thdayafterthedateofshipment.REMARDS: Pleasesignandreturnonecopyforourfile.TheBuyer:CONSOLIDATORSLIMITEDTheBuyer:CONSOLIDATORSLIMITEDPRODUCTSTheSeller:SHANGHAILIGHTINDUSTRIALIMPORT&EXPORTCORPORATION信用证

HONGKONG&SHANGHAIBANKINGCORPORATION

QUEEN'SROADCENTERAL,P.0.BOX64,H.K.

TEL:822-1111FAX:810-1112Advisedthrough:BankofChina, NO.CN3099/714ShanghaiBranch, DATEOct.2,2011H.K.To:ShanghaiLightIndustrialProductsImport&ExportCorp.128HUQIUROADSHANGHAI,CHINADearSirs:WearepleasedtoadvisethatforaccountofConsolidatorsLimited,H.K.,weherebyopenourL/CNo.CN3099/714inyourfavourforasumnotexceedingaboutUS$330000.00(SayUSDollarsThreeHundredThirtyThousandonly)availablebyyourdraftsonHSBCat30daysafterdateaccompaniedbythefollowingdocuments:Signedcommercialinvoicein6copies.PackingListinquadruplicate.Fullsetof(3/3)cleanonboardBs/LissuedtoourordernotifytheabovementionedbuyerandmarkeduFreightCollectvdatednotlaterthanOctober31,2011.FromShanghaitoHongkong,Partialshipmentarenotpermittedandtrans-shipmentisnotpermitted.4・Insurancepolicyin2copiescoveringC.I.Cfor150%invoicevalueagainstAllrisksandwarrisksaspertherelevantoceanmarinecargoclausesofthePeople,sInsuranceCompanyofChinadatedJanuarylsl,1981.5.CertificateofOriginissuedbyChinaCouncilforthePromotionofInternationalTrade.DESCRIPTIONOFGOODS:5500setsSewingMachineArt.No.JA-115packedinwoodencasesorcartonseachatUS$64.00CIFH.KDraftsdrawnunderthisc