YOUR COMPANY NAME, Inc.

YOUR ADDRESS , TEL / FAX etc.

 

Date:

 

 

Sold To:

YOUR BUYER’S NAME

ADDRESS, CONTACT etc.

 

 

LETTER OF CREDIT INSTRUCTIONS

 

We accept Letter of credit as a mode of payment for international orders valuing over US$____

 

When issuing Letter of Credit, please adhere to the following instruction. It is suggested that

you provide a copy of this to your opening bank with your application to open a Letter of Credit

so that these instructions are followed by them which will avoid unnecessary delays & expenses

in issuing amendments.

 

 

  1. Only (A) Irrevocable & (B) Confirmed Letter of Credit is accepted.

 

  1. It Must be ‘Payable at sight at the counter of a prime California, USA bank.’

 

  1. All bank charges must be to the applicant’s (your) account (including bank charges

outside your country).

 

  1. Validity for shipping must be after ___ weeks to avoid unnecessary amendments for

extension, though we mostly ship with in 2-3 weeks from the receipt of Letter of Credit.

 

  1. Date of Negotiation must be 15 days (21 days for sea shipments) or more from the date

of shipment.

 

  1. Air Waybill/Bill of Lading must be consigned to Bank or To Order (not to the applicant).

 

7.     Routing instruction for shipment (apply on FOB terms only) must not be on Letter of

Credit, instead be on your Purchase Order.

 

  1. Any required document other than those shown below must need a prior acceptance from us

otherwise we ask for the amendment to Letter of Credit –

 

A. Commercial Invoice                        D. Air Waybill/Bill of Lading

 

B. Certificate of Origin                         E. Insurance Certificate (if required

 

C. Packing List