1、FULL SET OF CLEAN ON BOARD OCEAN BILLS OF LADING MADE OUT TO THE ORDER OF INDUSTRIAL BANK OF KOREA MARKED FREIGHT COLLECT AND NOTIFY APPLICANT
2、A DISCREPANCY FEE OF USD80.00(OR EQUIVALENT)SHOULD BE DEDUCTED FROM THE AMOUNT CLAIMED OR WILL BE DEDUCTED FROM THE PROCEEDS OF ANY DRAWING,IF DOCUMENTS ARE PRESENTED WITH ANY DISCREPANCY(IES).NOTWITHSTANDING ANY INSTRUCTIONS TO THE CONTRARY ,THIS CHARGE SHALL BE FOR ACCOUNT OF BENEFICIARY.IN ADDITION,THE PAYMENT OF THE RELATIVE CABLE EXPENSE,IF ANY,SHALL ALSO BE FOR ACCOUNT OF BENEFICIARY.
3、DRAFT DRAWN UNDER THIS CREDIT MUST BE ENDORSED AND CONTAIN THE CLAUSE,DRAWN UNDER INDUSTRIAL BANK OF KOREA,SEOUL,LETTER OF CREDIT NO........
4、5 PCT MORE OR LESS IN QUANTITY AND AMOUNT ARE ACCEPTABLE
5、ONE ADDITIONAL PHOTOCOPY OF REQUIRED DOCUMENT(S) ARE REQUIRED FOR L/C ISSUING BANKS FILE AND WILL NOT BE RETURNED EVEN DOCUMENTS ARE FINALLY REFUSED.IF THESE DOCS ARE NOT PRESENTED, A PHOTOCOPY HANDING FEE OF USD20.00 PER SET WILL BE DEDUCTED FROM THE PROCEESD OF PAYMENT.
6、SHIPMENT SHOULD BE EFFECTED BY CENTEX INTERNATIONAL FREIGHT FORWARDING CO.,LTD
7、DETAILS OF CHARGES
ALL BANKING COMMISSIONS AND SHARGES OUTSIDE KOREA,PLUS REIMBURSING CHARGES,ARE FOR ACCOUNT OF BENEFICIARY
8、PRESENTATION PERIOD
DOCUMENTS TO BE PRESENTED WITHIN 15DAYS AFTER THE DATE OF SHIPMENT BUT WITHIN THE CALIDITY OF THIS CREDIT
9、CONFIRMATION:WITHOUT
10、INSTRUCTIONS
ALL DOCUMENTS MUST BE FORWARDED DIRECTLY TO US(ADDRESS TO:INDUSTRIAL BANK OF KOREA(HEAD OFFICE SEOUL),50,ULCHIRO 2-FA,CHUNG-GU,SEOUL,KOREA
IN ONE LOT BY COURIER SERVICE.(SWIFT:.....)
USANCE BILLS DRAWN HEREUNDER ARE TO BE NEGOTIATED AT SIGHT BASIS.ACCEPTANCE COMMISSIONS AND DISCOUNT CHARGES ARE FOR BUYER"S ACCOUNT.
UPON RECEIPT OF DOCUMENTS AND DRAFTS IN COMPLIANCE WITH TERMS AND CONDITIONS OF THIS CREDIT,WE SHALL REMIT THE PROCEEDS TO YOU IN ACCORDANCE WITH YOUR INSTRUCTIONS.
11、ADVISE THROUGH:+PLS RELAY TO YR ZIBO BR
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