B2B Back to Back Letter of Credit to Supplier

by Engr Kh Mashiur Rahman | Mar 16, 2021 | RMG Document

Back Letter of Credit Text

Back to Back Letter of Credit Text is given below –

Reprint From MA-0000

Instance Type and Transmission

Notification

(Transmission) of Original sent to SWIFT (ACK)

Network Status: Network Ack

Priority/Delivery : Normal

Message Input Reference : 1843 168883136

Message Header

Swift Input: FIN 70 Issue of a Documentary Credit

Sender : EXBKBSSDDDH001

EXPORT IMPORT BANK OF BANGLADESH LTD

Receiver : MTBLBRRDDHTSM

MUTUAL TRUST BANK LIMITED

(MITS MOTIJHEEL SUB CENTRE)

DHAKA BD

MUR : 190533307.02

Message Text

F207: Sequence of Total

Number: 1/

Total: 1

F400A: Form of Documentary Credit

IRREVOCABLE

F20: Documentary Credit Number

000019120271

F31C: Date of Issue 170301 2017 Mar 01

F40E: Applicable Rules

Applicable Rules: UCP LATEST VERSION

F31D: Date and Place of Expiry

Date: 170430 2017 Apr 30

Place: BD

F50: Applicant

ABONI FASHIONS LTD.

PLOT 23-24, TETULZHORA,

HEMAYETPUR, SAVAR, DHAKA,

BANGLADESH

F59: Beneficiary

Name and Address:

BENGAL WINDSOR THERMOPLASTICS LTD,

PLOT:Rabindro Saoro baro, Dhaka

F32B: Currency Code, Amount

Currency: USD US DOLLAR

Amount: 3322 #3722#

F41D: Available With … By … – Name and Address – Code

Name and Address: ANY BANK IN BANGLADESH

Code: BY NEGOTIATION

F42C: Drafts at …

60 DAYS FROM THE DATE OF

DELIVERY

F42A: Drawee – Party Identifier – Identifier Code

Identifier Code:

EXBKBDDH02

EXPORT IMPORT BANK OF BANGLADESH LTD

DHAKA BD

F43P: Partial Shipments

ALLOWED

F43T: Transhipment

NOT ALLOWED

F44A: Place of Taking in Charge/Dispatch from …/Place of Receipt

BENEFICIARYS FACTORY

F44F: Port of Discharge/Airport of Destination

APPLICANTS FACTORY

F44C: Latest Date of Shipment

180415 2018 Apr 15

F45A: Description of Goods and/or Services

ACCESSORIES FOR READYMADE GARMENTS INDUSTRIES :.

DESCRIPTION, RATES, QUALITY, QUANTITY, PACKING, MARKING AND ALL

OTHER SPECIFICATION OF GOODS ARE STRICLTY AS PER BENEFICIARY’S

PROFORMA INVOICE NO.PIBW88777

UNIT PRICE IS EX-FACTORY.(INCOTERMS 1820)

F46A: Documents Required

A) FULL SET OF CLEAN SHIPPED ON BOARD TRUCK RECEIPT/DELIVERY

CHALLAN MARKED FREIGHT COLLECT DRAWN ON OR ENDORSE TO THE ORDER

OF EXPORT IMPORT BANK OF BANGLADESH LIMITED, MOTIJHEEL BRANCH

NOTIFY APPLICANT AND US.

B) SIGNED INVOICE IN FOUR FOLDS IN ENGLISH CERTIFYING

MERCHANDISE TO BE OF BANGLADESH ORIGIN AND IMPORTED AGAINST

LCAF NO.EXIM/LCAIC 3488 ISSUED UNDER BACK TO BACK LC SYSTEM AND

H.S.CODE NO. 698865

C) FOUR COPIES OF DETAILED PACKING LIST MUST ACCOMPANY THE

ORIGINAL DOCUMENTS CERTIFYING THAT PACKING IS EXPORT STANDARD

SEA/AIR WORTHY.

D) DELIVERY CHALLAN TO BE ISSUED BY THE BENEFICIARY DULY COUNTER

SIGNED BY THE APPLICANT AND BANK REPRESENTATIVE IS REQUIRED.

E)CERTIFICATE OF ORIGIN MUST BE ISSUED BY THE CHAMBER OF

COMMERCE AND/OR BENEFICIARY AND SUCH CERTIFICATE MUST ACCOMPANY

WITH ORIGINAL DOCUMENTS.

F) ONE SET OF NON-NEGOTIABLE SHIPPING DOCUMENTS TO BE SENT TO THE

APPLICANT THROUGH COURIER WITHIN 07 WORKING DAYS AND CERTIFICATE

OF WHICH MUST ACCOMPANY THE ORIGINAL DOCUMENTS.

G) CERTIFICATE STATING THAT SHIPPED GOODS ARE FREE FROM

MANUFACTURING DEFECT AND IF ANY THEN THE BENEFICIARY WILL

COMPENSATE OR BEAR THE LOSS INCURRED.

F47A: Additional Conditions

A) SHIPMENT MUST NOT BE MADE EARLIER THAN THE CREDIT ISSUING

DATE.

B) ONE SET OF NON-NEGOTIABLE SHIPPING DOCUMENTS TO BE SENT TO

THE APPLICANT THROUGH COURIER SERVICE WITHIN 07 WORKING DAYS

AFTER SHIPMENT AND A COURIER RECEIPT OF WHICH MUST ACCOMPANY THE

ORIGINAL DOCUMENTS.

C) ALL DOCUMENTS MUST BEAR EXPORT LC/SALES CONTRACT NO.

77774332

AND OUR CREDIT NUMBER AND ISSUING DATE AND OUR BANK NAME AND

ADDRESS.

D) DRAFT/BILL OF EXCHANGE SHOULD BE DRAWN ON US A/C APPLICANT

WITH SHOWING EXPORT LC/SALES CONTRACT NUMBER AND OUR CREDIT

NUMBER COUNTER SIGNED BY THE APPLICANT.

E) WE HEREBY ENGAGE WITH THE BONAFIDE HOLDER OF ALL DRAFTS DRAWN

AND/OR DOCUMENTS PRESENTED UNDER AND IN COMPLIANCE WITH THE

TERMS OF THE LETTER OF CREDIT THAT SUCH DRAFTS AND/OR DOCUMENTS

WILL BE DULY HONORED UPON PRESENTATION TO US.

F) THE AMOUNT OF EACH DRAWING MUST BE ENDORSED ON THE REVERSE

SIDE OF THIS LETTER OF CREDIT BY THE NEGOTIATING BANK. DRAFTS

MUST BE MARKED AS DRAWN UNDER THIS CREDIT.

G) THE BENEFICIARY MUST SUBMIT AN UNDERTAKING TO

THIS EFFECT WITH THE ORIGINAL DOCUMENTS CERTIFING THAT THE

SHIPPED GOODS ARE FREE FROM ANY MANUFACTURING DEFECT AND IF ANY

DEFECT AND SHORTAGE IN QUANTITY ARE FOUND AT FACTORY SITE, THE

BENEFICIARY WILL HOLD RESPONSIBILITY TO REPLACE SUCH DEFECTIVE

GOODS OR COMPENSATE FOR THE SAME.

H) OUR BUSINESS IDENTIFICATION NO. 04545415 AND APPLICANT’S

BUSINESS IDENTIFICATION NO.0004568 MUST BE MENTIONED IN ALL

SHIPPING DOCUMENTS.

I) IF THE DOCUMENT IS DISCREPANT, WE SHALL RETAIN THE RIGHT TO

ACCEPT A WAIVER LETTER OF DICREPANCIES FROM THE APPLICANT SUBJECT

TO ACCEPTABLE TO US.

J) ADDITIONAL AMOUNT (IF ANY) FOR THE OVERDUE PERIOD WILL BE PAID

BY THE APPLICANT AT THE RATE OF 9 PCT P.A.

F71D: Charges

ALL BANKING CHARGES INCLUDING

REIMBURSEMENT FEES OTHER THAN

COMMISSION IS TO BE BORNE BY THE

BENEFICIARY.

F48: Period for Presentation in Days

Days: 15

F49: Confirmation Instructions

WITHOUT

F78: Instructions to the Paying/Accepting/Negotiating Bank

A) DISCREPANT DOCUMENTS MUST NOT BE NEGOTIATED WITHOUT OUR PRIOR

APPROVAL.

B) MATURITY DATE SHOULD BE COUNTED FROM THE DATE OF DELIVERY

PROVIDED DOCUMENTS COMPLY STRICTLY WITH THE CREDIT TERMS.

C) UPON RECEIPT OF DOCUMENTS COMPLYING CREDIT TERMS WE SHALL

COVER FUND AS PER NEGOTIATING BANK’S INSTRUCTION ON MATURITY.

D) USD 25.00 WILL BE DEDUCTED FROM THE BILL VALUE FOR

PRESENTATION OF EACH SET OF DISCREPANT DOCUMENTS.

E) AT MATURITY WE SHALL EFFECT PAYMENT IN US DOLLAR THROUGH FDD

DRAWN ON BANGLADESH BANK, UPON RECEIPT OF DOCUMENTS COMPLYING

CREDIT TERMS.

F72Z: Sender to Receiver Information

THIS CREDIT IS SUBJECT TO

UCPDC (2007 RIVISION) ICC

PUBLICATION NO.656.

Message Trailer

{CHK:7D6FC9444D}

PKI Signature: MAC-Equivalent

Interventions

formatted_interventions Category : Network Report

Creation Time : 01/03/18

Application : SWIFT Interface

Operator : SYSTEM

Text

{1:F21EXBKA06}{4:{1773}{451:0}{108:197.02}}

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