credit approval

Disposition of discrepant documents by the nominated bank in the following six methods:

(1) ( )Return just the discrepant documents for correction and resubmission within the

validity of the Credit and within the latest date for presentation of above document.

(2) ( )Upon authorization by the presenter, forward the discrepant documents on "an approval" basis under documentary credit to the Issuing Bank for review and approval or rejection of the documents.

(3) ( )If so authorised by the presenter, cable, telex, or telecommunicate with the issuing bank for authority to pay, accept, or negotiate against such discrepant documents.

(4) ( )Remittance of Documents for Collection.

(5) ( )Call for an indemnity from the beneficiary or from his bank, pay, accept or negotiate on the undertaking that any payment, acceptance or negotiation made, will be refunded by the party giving such indemnity together with interest and related charges, if the issuing bank refuses to provide reimbursement.

(6) ( )With the agreement of the beneficiary, pay, accept or negotiate "under reserve", i. e. the bank retains the right of recourse against the beneficiary if the issuing bank refuses to provide reimbursement against documents that do not meet the credit requirements.

1.Irrevocable Transferable Credit-Original

Name of Issuing Bank Place and date of issue

Overseas Union Bank Ltd., Singapore, 10 Sep., 200×

Name of Beneficiary Advised through

To: Alison Company Ltd., China State Bank Ltd.,

120 Winston Street, Hong Kong

Hong Kong

Dear Sirs,

At the request and on the instructions of Lance Company, Singapore, we hereby issue an Irrevocable Transferable Credit No. 36589 for HKD 84,000.00 (say Hong Kong dollars eighty four thousand only) to expire on or before 30 Oct., 200× at Hong Kong available with China State Bank Ltd., Hong Kong being Transferring Bank by negotiation against beneficiary's draft (s) drawn at sight on the Issuing Bank accompanied by the following documents:

(1)Signed Commercial Invoice in quadruplicate.

(2)Full set of clean on board ocean bills of lading made out to order blank endorsed marked "Freight Prepaid".

(3)Insurance policy endorsed in blank for invoice value plus 10% covering all risks and war risks.

(4)Packing List in quadruplicate.

All documents excluding invoice must be made in neutral name.

Evidencing shipment of 100 pieces of Lady Overcoats as per design No. A-3508 at HKD840.00 CIF Singapore per each piece.

Shipment from your port for transportation to Singapore not later than 15 Oct., 200×.

Partial shipments not allowed.

Transhipment allowed.

Documents to be presented within 15 days after the date of shipment, but within the validity of the credit.

We hereby agree with the drawers and bona fide holders of drafts drawn under and in compliance with the terms and conditions of the credit that such drafts will be duly honoured on due presentation if negotiated or presented at this office on or before the expiry date.

This Credit is subject to UCP 600.

Yours faithfully

Overseas Union Bank Ltd., Singapore

signature (s)

2.A "Request to Transfer" shows as follows:

To: Transferring Bank

(1) China State Bank Ltd., Hong Kong

Dear Sirs,

We request you to transfer an Irrevocable Transferable Credit No. 36589 issued by Overseas Union Bank Ltd., Singapore to the second beneficiary-

(2) South China Company, 15 Zhujiang Road, Shenzhen. Please insert the following changeable new terms instead of the old terms:

(3) Applicant: Alison Company Ltd., 120 Winston Street, Hong Kong- original first beneficiary.

(4) Credit amount: HKD67,200.00.

(5) Expiry date: 20 Oct. 200×.

(6) Insurance amount for invoice value plus 37.5% (92,400/67,200=1.375).

(7) Evidencing shipment of 100 pieces of Lady Overcoats as per design No. A-3508 at HKD672.00 CIF Singapore per each piece.

(8) Shipment date: 10 Oct., 200×.

(9) Documents to be presented within 10 days after date of shipment.

In respect of the amendments arisen hereafter to the credit, we wish to inform you that the first beneficiary retains the right to refuse to allow the transferring bank to advise amendments made under the original credit to the transferee (second beneficiary). Therefore the transferring bank must obtain approval of the first beneficiary before advising amendments to the transferee.

Yours faithfully

Alison Company Ltd., Hong Kong

signature

The Transferring Bank, China State Bank Ltd., Hong Kong adds some supplementary conditions as follows:

(10) Issuing date: 20 Sep., 200×.

(11) Advising bank: China Merchants Bank, Shenzhen.

(12) Special instructions:

All documents must be made first presentation to us (Transferring Bank) for negotiation. Payment/honour of drafts with be effected by us when documents are received in full compliance with the credit terms and cover has been received under the original Transferable Credit, we shall then credit proceeds to your account as per your covering schedule.

3.Please fill the blanks to issue a Transferred Credit.

Irrevocable Transferable Credit - Transferred Credit

Name of Transferring Bank Place and date of transfer

(1)(10)

Name of Beneficiary Advised through

To:(2)(11)

Dear Sirs,

We hereby inform you that an Irrevocable Transferable Credit No. 36589 issued by Overseas Union Bank Ltd., Singapore has been transferred to you as follows:

At the request and on the instructions of (3) ________________________ we hereby transfer the above-mentioned credit to you for (4) ____________ ______(say )to expire on or before

(5) ______ at Hong Kong available with China State Bank Ltd., Hong Kong being transferring bank by negotiation against beneficiary's draft (s) drawn at sight on the issuing bank accompanied by the following documents:

(1) Signed Commercial Invoice in quadruplicate.

(2) Full set of clean on board ocean bills of lading made out to order blank endorsed marked "Freight Prepaid".

(3) Insurance policy endorsed in blank for invoice value plus (6) ______.

(4) Packing List in quadruplicate.

All documents excluding invoice must be made in neutral name. Evidencing shipment of (7) ________________________________________________.

Shipment from your port for transportation to Singapore not later than (8) __________________

Partial shipments not allowed.

Transhipment allowed.

Documents to be presented (9) ______ after the date of shipment, but within the validity of the credit.

We hereby agree with the drawers and bona fide holder of drafts drawn under and in compliance with the terms and conditions of the credit that such drafts will be duly honoured on due presentation if negotiated or presented at this office on or before the expiry date.

Special Instructions (12)

__________________________________________________________________

__________________________________________________________________

This Credit is subject to UCP 600.

Yours faithfully

China State Bank Ltd.,

Hong Kong

signature (s)

A.registration

B.approval

C.application

A.批准

B.说明

C.图例

D.认可;赞成

FOB贸易术语信用证(延期付款)实务操作

一、已知资料：信用证

Message Type：FIN 700ISSUE OF A DOCUMENTARI CREDIT

MUR：BTRA010210000467

SENDER：BSCHESMMA×××BANCO SANTANDER S.A.MADRID

OUTPUT DATE/TIME:21-03-201116:05SES-ISN:3256218930PRIORIDAD:N

RECEPTOR：BSCHHKHH××××BANCO SANTANDER,S.A.HONG KONG

APLICACION:F

27:SEQUENCE OF TOTAL：

1/1

40A:FORM OF DOCUMENT CREDIT:

IRREVOCABLE

20:NUMBER OF CREDIT DOCUMENT:

5494WH171868

31C:DATE OF ISSUE:

21-03-11

40E:APPLICABLE RULES:

UCP LATEST VERSION

31D:DATE AND PLACE OF EXPIRY:

25-05-11SPAIN

50:APPLICANT:

ELECTRODOMESTICOS TAURUS S.L.

AV BARCELONA S/N

25790OLIANA(LLEIDA)

SPAIN

59: BENEFICIARY-NAME ＄ ADDRESS:

SUZHOU WENHAI INDUSTRIES CO.,

LTD.,NO.159TONGYUAN ROAD, SUZHOU

CITY, CHINA

32B: CURRENCY CODE, AMUOUNT:

USD 21740.00

39B: MAX. CREDIT AMOUNT:

NOT EXCEEDING DISPONIBLE CON...

41A: Available with... By...-BIC:

BSCHESMM ×××

*BANCO SANTANDER S.A.

*MADRID

BY DEF PAYMENT

42P: DEFERRED PAYMENT DETAILS:

30DAYS AFTER DOCUMENTS APPROVAL,

PAYMENT WILL BE EFFECTED THE

FOLLOWING DAY 10OR 20.

43P: PARTIAL SHIPMENTS:

PROHIBITED

43T: TRANSSHIPMENT:

ALLOWED

44E: PORT OF LOADING:

SHANGHAI PORT, CHINA

44F: PORT OF DISCH ARGE:

TAMPICO PORT, MEXICO

44C: LATEST DATE OF SHIPMENT.

16-05-11

45A: DESCRIPTION OF GOODS.

SLOW COOKER A 1200PCS USD 9.45/PC USD 11340.00

SLOW COOKER B 1600PCS USD 6.50/PC USD 10400.00

TOTAL AMOUNT: USD 21740.00

+AS PER ORDER.NO.4500048798

+DELIVERY TERMS.FOB SHANGHAI PORT, CHINA.

46A: DOCUMENTS REQUIRED:

1. ORIGINAL COMMERCIAL INVOICE, SIGNED AND STAMPED, IN 3

ORIGINALS + 3COPIES.

2. ORIGINAL PACKING LIST: 8ORIGINALS + 8COPIES

3. BILL OF LADING OR SEA WAYBILL PRESENTED IN ONE SET OF 3

ORIGINALS PLUS COPIES, SHOWING TO ORDER OF CONSIGNEE

AND NOTIFY "TAURUS ESPANA, S. A. DE C. V. ROSAS MORENO

NO. 4-202, COLONIA SAN RAFAEL DELEGACION CUAUHTEMOC

MEXICO, D. F. C. P 06470R. F. C TGE060628QD6". UNIT PRICES

AND TOTAL AMOUNT MUST NOT TO BE SHOWN ON THIS

DOCUMENT.

4. ONE ORIGINAL QUALITY CONTROL REPORT (DOCUMENT Q49),

MARKED ACCEPTED, FOR EACH TYPE OF GOODS DESCRIBED IN THIS

DOCUMENTARY CREDIT. THIS DCUMENT MUST BE STAMPED BY

ELECTRODOMESTICOS TAURUS S. L AND MANUFACTURER. IF PENALTY

SECTION IS MARKED: 200USD MUST BE DEDUCTED FROM L/C

PAYMENT.

5. ORIGINAL CERTIFICATE OF ORIGIN, CONSIGNEE "TAURUS-

ESPANA, S. A. DE C. V. ROSAS MORENO NO. 4-202, COLONIA SAN

RAFAEL, DELEGACION CUAUHTEMOC, MEXICO, D.F.C.P. 06470

R. F. C TGE060628QD6".

47A: ADDITIONAL CONDITIONS:

+A DISCREPANCY FEE OF EUR 10000WILL BE DEDUCTED FROM

THE PROCEEDS ON EACH SET OF DOCUMENTS PRESENTED WITH

DISCREPANCY/IES.

+L/C AMENDMENTS MUST BE CHARGED ON THE SIDE WHO MUST

BE RESPONSIBLE FOR THEIR FAIL TO KEEP THE AGREEMENT

ACCOUNT.

+ORDER NO. 4500048798MUST BE WRITTEN IN ALL DOCUMENTS

REQUIRED.

+THIRD PARTY DOCUMENTS ACCEPTABLE.

71B: DETAILS OF CHARGES:

ALL BANK COMMISSIONS AND CHARGES OUTSIDE SPAIN ARE FOR

THE BENEFICIARY'S ACCOUNT.

48: PRESENTATION PERIOD:

DOCUMENTS MUST BE PRESENTED WITHIN 15DAYS AFTER SHIPMENT

DATE AND WITHIN VALIDITY TERMS OF THIS DOCUMENTARY CREDIT.

49: CONFIRMA INSTRUCTIONS:

WITHOUT

78: INSTRUCTIONS：

BANCO SANTANDER S.A.,HONG KONG HOLDS SPECIAL REIMBURSEMENT

INSTRUCTIONS.ALL DOCUMENTS DRAWN UNDER THIS LETTER OF

CREDIT MUST BE PRESENTED TO US THROUGH THEM AT:RM 1501, ONE

EXCHANGE SQUARE, 8CONNAUGHT PLACE, CENTRAL, HONG KONG BY

COURIER SERVICES. PRESENTING BANK WILL BE FULIY RESPONSIBLE

FOR THE CONSEQUENCES SENDING DOCUMENTS TO THE WRONG

ADDRESS. ONCE ALL L/C TERMS DULY COMPLIED WITH:WE WILL

REIMBURSE YOU AS PER YOUR INSTRUCTIONS AT MATURITY DATE.

57D: “ADVISE THROUGH”BANK-NAME＄ADDR:

BANK OF CHINA SUZHOU BRANCH

72:SENDER TO RECEIVER INFORMATION:

PLEASE, SEND DIRECTLY TO THE ADDRESS BELOW: BANCO

SANTANDER, S. A. AVDA. FRANCESC MACIA, 21-1A PLANTA 25007

LLEIDA(SPAIN)TRAILER

补充资料：

INV.NO.: WH1181611 INV.DATE: MAY 6,2011

B/L.NO.: SHWHD20079 B/L.DATE: MAY 12, 2011

FORM A NO.: G208250070508602 S/C NO.:4500048798

NAME OF STEAMER:Weida V.007N CONTAINER ＄ SEAL NO.: 1*40'

EMCU4688556/EMCCWG5370

SHIPPING MARKS:ET INC. H. S. NO.: 8516609000

LA PAZ

4500048798

NO. 1—700

GOODS: WEIGHT: GW: 4.25KGS/PC NW: 3.75KGS/PC 0.024CBM/PC

PACKED IN 700CARTONS

SLOW COOKER A 1200PCS USD 9.45/PCS USD 11340.00

SLOW COOKER B 1600PCS USD 6.50/PCS USD 10400.00

该货物是完全自产品，报检单位登记号：3202001516联系人：苑媛电话：66765660

货物存放地点：公司仓库生产单位：苏州苑之海电器有限公司用途：其他

报检日期：2011年5月9日

报检时提交的随附单证：合同、信用证、发票、装箱单、报检委托书。

二、根据上述相关资料缮制下列有关单证

1．商业发票

2．装箱单

3．产地证

4．报检单

5．提单

A.delight

B.pleasure

C.approval

D.agreement