Issue of Documentary Credit for Master LC

Issue of Documentary Credit for Master LC

Issue of Documentary Credit Text

{1:F01D00}{2:I700EXB1N}{4:

:27:1/2

:40A:IRREVOCABLE TRANSFERABLE

:20:786LC000

:31C:1915

:40E:UCP LATEST VERSION

:31D:180201BANGLADESH

:50:CELOI BERND FREIER

GMBH AND CO KG

CELOI-STRASSE 1,

666 ROTTENDORF,GERMANY

:59:Auto Garments Ltd.

Loker Para Mirpur

Dhaka 1216

BANGLADESH

:32B:USD91677747,

:39A:2/0

:41D:ANY BANK IN BANGLADESH BY NEGOTIATION

:43P:ALLOWED

:43T:ALLOWED

:44A:BANGLADESH

:44B:ANY EUROPEAN DESTINATION

:46A:1. ONE SIGNED ORIGINAL COMMERCIAL INVOICE CONSIGNED TO APPLICANT.

STATING COUNTRY OF ORIGIN AND AZO DYES WHICH WOULD RELEASE ANY OF

THE LISTED ARYLAMINES FROM THE

GERMAN ‘BEDARFSGEGENSTAENDEVERODNUNG’ HAVE NOT BEEN USED.

2. ONE ORIGINAL PACKING LIST.

3. ONE ORIGINAL INSPECTION CERTIFICATE ISSUED BY CELOI

OVERSEAS AND STAMPED BY CELOI OVERSEAS LTD. ORIGINALLY SIGNED

BY AT LEAST TWO OF THE PERSONS LISTED AS FOLLOWS: MR. SDR

OR MR. SSS SHARMA (AS PER SPECIMEN SIGNATURE WHICH IS AN INTEGRATED PART OF THIS LC, WILL FOLLOW BY SEPARATE MAIL), CONTAINING ARTICLE NUMBER, INVOICE

NUMBER AND INVOICE AMOUNT CORRESPONDING WITH SUPPLIERS INVOICE

STATING THAT GOODS ARE IN GOOD ORDER AND GOOD CONDITION, ISSUED

LATEST ON DATE OF SHIPMENT.

4. EITHER ONE COPY OF CERTIFICATE OF ORIGIN GSP FORM A ISSUED BY

:47A:1. TERMS OF DELIVERY: FCA CENTRAL INSPECTION FACILITY DHAKA AFTER

AQL INSPECTION PASS

2. INSURANCE WILL BE COVERED BY APPLICANT.

3. ADVISING BANK AUTHORIZED TO EFFECT TRANSFER OF OUR LETTER OF

CREDIT: ANY BANK, BUT THIS CREDIT IS TRANSFERABLE, HOWEVER UNDER

THE CONDITION THAT ALSO IN CASE OF TRANSFER PAYMENT WILL BE

EFFECTED ONLY AFTER CREDITCONFORM DOCUMENTS HAVE BEEN TAKEN UP

WITH OPENING BANK.

4. AMOUNT AND QUANTITY SPECIFICATION PER ARTICLE AS FOLLOWS: PLUS

2 PERCENT PER COLOUR

5. COURIER-CHARGES FOR SIGNATURE SAMPLES SENT ARE FOR

BENEFICIARY’S ACCOUNT AND WILL BE DEDUCTED ON PROCEEDS OF

DOCUMENTS PRESENTED OR IF L/C REMAINS UNUTILIZED IN OUR FILES.

6. WHEN SENDING DOCUMENTS, THE BANK MUST IMPERATIVELY CONFIRM

THAT RESPECTIVE AMOUNT HAS BEEN ENDORSED ON THE REVERSE OF

ORIGINAL LC.

7. IF ONE PARTSHIMENT IS NOT SHIPPED, THIS L/C IS FURTHERMORE

VALID FOR OUTSTANDING SHIPMENTS.

8. SHIPPING DOCUMENTS (EXCEPT COMMERCIAL INVOICE) SHOWING

DIFFERENT LC NUMBERS ARE ACCEPTABLE.

9. LC CANNOT BE NEGOTIATED WITHOUT ORIGINAL INSPECTION

CERTIFICATE

10. IN CASE OF SHORT- AND OVER-SHIPMENT THE FOLLOWING WILL APPLY:

QUANTITY TOLERANCE APPLICABLE FOR ALL STYLES NUMBERS: ORDERED QTY

UP TO 500 UNITS-MAX. OF 8 PERCENT POSITIVE TOLERANCE  ALLOWED

ORDERED QTY BETWEEN 501 UNITS UP TO 1000 UNITS-MAX. OF 4 PERCENCT

POSITVE TOLERANCE ALLOWED ORDERED QTY ABOVE 1000 UNITS-MAX. OF 2

PERCENT POSITIVE TOLERANCE ALLOWED ONLY AS INFORMATION FOR THE

BENEFICIARY (NOT TO BE CHECKED BY THE  BANK):SHORT-SHIPMENTS ARE

ALLOWED:

UP TO 500PCS 4PERCENT

UP TO 1.000PCS 2PERCENT

ABOVE 1.000PCS 1PERCENT

APPROVAL NEEDS TO BE TAKEN FROM CELOI OVERSEAS FOR THE SAME.

IF APPROVED FOR SHIPMENT, THERE WILL BE DELIVERY CHARGES OF 20

PERCENT OF THE FCA PRICE ON THE SHORTSHIPPED QUANTITY AND 10

PERCENT OF THE FCA PRICE ON THE OVERSHIPPED QTY. THIS SHORT-/OVER

DELIVERY CHARGE IS TO BE SHOWN IN THE COMMERCIAL INVOICE.

11. IN CASE OF DELAYED SHIPMENTS, THERE WILL BE A LATE DELIVERY

CHARGE RANGING BETWEEN 5 PERCENT TO 30 PERCENT OF THE FCA PRICE.

THE EXACT LATE DELIVERY CHARGE PERCENTAGE TO BE CONFIRMED BY

CELOI OVERSEAS DEPENDING ON THE EXTENT OF DELAY. THIS LATE

DELIVERY CHARGE TO BE SHOWN IN THE COMMERCIAL INVOICE.

12. DOCUMENTS MUST BE SENT BY DHL. DHL COSTS ARE TO BE BORNE BY

BENE FICIARY.INCOTERM: FCA CENTRAL INSPECTION FACILITY DHAKA

AFTER GOODS PASS.QUALITY INSPECTION

13. A FEE OF USD 80.00 WILL BE LEVIED AND FOR BENEFICIARY’S

ACCOUNT WHEN IT IS NECESSARY TO CONTACT THE APPLICANT FOR WAIVER

OF DISCREPANCIES. IN THE EVENT WE DECIDE TO TAKE UP DOCUMENTS

DESPITE DISCREPANCIES OUR ACTION MUST NOT BE CONSTRUED AS OUR

AGREEMENT TO AMEND THE CREDIT AND/OR TAKE UP DISCREPANT DOCUMENTS

PRESENTED UNDER FUTURE DRAWINGS.

14. DOCUMENTS TO BE SENT IN ONE LOT TO THE FOLLOWING ADDRESS:

DEUTSCHE BANK AG, LEVEL 57, INTERNATIONAL COMMERCE CENTRE, 1

AUSTIN ROAD WEST, KOWLOON, HONG KONG AT BENEFICIARY’S EXPENSES.

15. NOTWITHSTANDING THE PROVISIONS OF UCP600, IF WE GIVE NOTICE

OF REFUSAL OF DOCUMENTS PRESENTED UNDER THIS CREDIT WE SHALL,

HOWEVER, RETAIN THE RIGHT TO  ACCEPT A WAIVER OF DISCREPANCIES

FROM THE APPLICANT AND, SUBJECT TO SUCH WAIVER BEING ACCEPTABLE

TO US, TO RELEASE DOCUMENTS AGAINST THAT WAIVER WITHOUT REFERENCE

TO THE PRESENTER PROVIDED THAT NO WRITTEN INSTRUCTIONS TO THE

CONTRARY HAVE BEEN RECEIVED BY US FROM THE PRESENTER BEFORE THE

RELEASE OF THE DOCUMENTS.  ANY SUCH RELEASE PRIOR TO RECEIPT OF

CONTRARY INSTRUCTIONS SHALL NOT CONSTITUTE A FAILURE ON OUR PART

TO HOLD THE DOCUMENTS AT THE PRESENTER’S RISK AND DISPOSAL, AND

WE WILL HAVE NO LIABILITY TO THE PRESENTER IN RESPECT OF SUCH

RELEASE.

16. IN CASE OF ANY TRANSFER, THE TRANSFERRING BANK MUST NOTIFY US

BY SWIFT/TELEX.

17. ALL DOCUMENTS SUBMITTED UNDER THIS LC MUST BE ISSUED IN

ENGLISH LANGUAGE UNLESS OTHERWISE SPECIFIED IN THE CREDIT

18. PRESENTATION OF DOCUMENTS WITHIN 10 DAYS AFTER THE DATE OF

SHIPMENT,BUT WITHIN THE VALIDITY OF THE CREDIT

ISSUING BANK – DEUTSCHE BANK AKTIENGESELLSCHAFT HONG KONG BRANCH

INCORPORATED IN THE FEDERAL REPUBLIC OF GERMANY AND MEMBERS’

LIABILITY IS LIMITED.

:71D:OTHER THAN L/C OPENING CHARGES, ALL

BANK CHARGES INCLUDING ADVISING,

NEGOTIATION AND REIMBURSEMENT

CHARGES ARE FOR THE ACCOUNT OF

BENEFICIARY’S ACCOUNT.

:48:10/REFER ADDITIONAL CONDITIONS

:49:WITHOUT

:78:PROVIDED THE TERMS AND CONDITIONS OF THIS CREDIT HAVE BEEN FULLY

COMPLIED WITH, WE SHALL, UPON RECEIPT OF DOCUMENTS REMIT COVER IN

ACCORDANCE WITH THE INSTRUCTIONS RECEIVED.

:72Z:/REC/PLEASE ADVISE BENEFICIARY.

-}