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根据合同审核信用证练习题

根据合同审核信用证1

销售合同

SALES CONTRACT

Seller: GUANGZHOU LIGHT ELECTRICAL APPLIANCES CO. ,LTD

Contract No.: 06SG468001

Date: APR.22, 2009

Address: Signed at: GUANGZHOU, CHINA 52, DEZHENG ROAD

SOUTH, GUANGZHOU, CHINA. Telex: 0853

Fax: 86—20—83556688

Buyers: A.B.C. CORP.

Address: AKEDSANTERINK AUTO P.O.BOX.9,FINLAND

Fax:

This Sales Contract is made by and between the sellers and buyers, whereby the buyers agree to buy and sellers to sell the under-mentioned Goods according to the terms and conditions stipulated below:

(1)Name of commodity and specifications: HALOGEN FITTINE

W5009

(2)Quantity: 600PCSPC

(3)Unit: PC

(4)Unit Price: CIF HELSINKIUSD3. 80/PC

(5)Amount: USD 36 480. 0010% more or Less both in amount

and

Quantity allowed

Total AmountUSD36 480.00

(6)packing: CARTON

(7)Delivery From GUANGZHOU to HELSINKI

(8)Shipping Marks: N/M

(9)Time of Shipment: With 30 days after receipt of L/C.

Allowing

Transshipment and partial shipment.

(10)Terms of Payment: By 100% Confirmed Irrevocable

Letter of Credit in favor of the Sellers to be

sight draft to be opened and to reach China before

MAY 1, 2009 and to remain valid for negotiation in

China until the 15th days after the foresaid Time

of Shipment. L/C must mention this contract number L/C

advised by BANK OF CHINA GUANGZHOU BRANCH. TLX:444U4k

GZBC. CN. ALL banking charges outside China (the mainland

of china) are account of the Drawee.

(11)Insurance: to be effected by the Sellers for of

full invoice value

Covering F .P .A up to HELSINKI.

(12)Arbitration: ALL disputes arising from the execution

of, or in connection with this shall be settled amicably by negotiation. In case no settlement can be reached through negotiation ,the case shall then be submitted to China International Economic & Trade Arbitration Commission in Shenzhen (or in Beijing ) for arbitration in accordance with its rules of procedures. The arbitral award is final and binding both parties for setting the Dispute. The fee for arbitration shall be borne by the losing party unless otherwise awarded.

The Seller 李力 The Buyer:

L/C

Issue of Documentary Credit

Issuing Bank: METTABANKLTD., FINLAND

Form of Doc. Credit: REVOCABLE

Credit Number: LRTO602457

Date of Issue: 090428

Expiry: Date 090416 Place Finland

Applicant: A. B. C. CO. AKEDSANTERINk AUTO P. O. BOX 9,FINLAND

Beneficiary : GUANGZHOU LIGHT ELECTRICAL APPLIANCES CO.,

LTD. 52 , DEZHENG ROAD SOUTH, GUANGZHOU, CHINA

Amount: USD3648.00(SAY U.S. DOLTARS THIRTY SIX HUGOTIATION

AND EIGHT ONLY )

Available with/by: ANY BANK IN ADVISING COUNTRY BY

NEGOTIATION

Draft at…: DRAFT AT 20 DAYS SIGHT FOR FULL INVOICE

VALUE

Partial Shipments: NOT ALLOWED

Transshipment: ALLOWED

Loading in Charge:GUANGZHOU

For Transport to: HELSINKI

Shipment Period: THE LASTEST MAY 30, 202,4, 06

Descrip. Of Goods: 960PCS OF HALOGEH FITTING W500,

USD6.80

PER PC AS PER SALES CONTRACT 06SG468001

DD 22, 4, 06 CIF HESINKI

Documents required:

*COMMERCIAL INVOICE 1 SIGNED ORIGINAL AND 5

COPIES

*PACKING LIST IN 2 COPIES

*FULL SET OF CLEAN ON BOARD MARINE BILLS OF LADING,

MADE OUT TO ORDER, MARKED “RFEIGHT

PREPAID”AND NOTIFY APPLICANT (AS

INDICATE ABOVE)

*GPS CERTIFICATE OF ORIGIN FORM A ,CERTIFTING GOODS

OF ORIGIN IN CHINA , ISSUED COMPETENY

AUTHORITIES

*INSURANCE POLICY/CERTIFICATE COVERING ALL RISKS AND

WAR RISKS OF PICC INCLUDING WAREHOUSE

TO WAREHOUSE CLAUSE UP TO FINAL

DESTINATION AT HELSINKL, ROR AT LEAST

120 PCT OF CIF VALUE

*SHIPPING ADVICE MUST BE SENT APPLICANT WITH 2 DAYS

AFIER SHIPMENT ADVISING NUMBER OF

PACKAGES, GROSS&NET WEIGHT, VESSEL NAME,

BILL OF LADING NO., AND DATE,

CONTRACT NO., VALUE.

*Presentation Period: 6 DAYS AFIER ISSUANCE DATE OF

SHIPPIN DOCUMENT

*Confirmation: WITHOUT

*INSTRUCTIONS: THE NEGOTIATION BANK MUST FORWARD THE

DRAFTS AND ALL DOCUMENTS BY

REGISTERED AIRMALL DIRECT TO US IN

TWO CONSECUTIVE LOTS, UPON RECEIPT

OF THE DRAFTS AND DOCUMENTS IN

ORDER,WE WILL REMIT THE PROCEEDS AS

INSTRUCTED BY THE NEGOTIATING BANK