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INDEMNITY LETTER

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					                              INDEMNITY LETTER

TO: FIVE STARS INTERNATIONAL LTD                                                         ATT: LC
OPENING DEPT

DATE: _________________


APPLICATION FOR AN IRREVOCABLE DOCUMENTARY LETTER OF CREDIT


It is agreed that this credit is subject to Uniform Customs and Practice for Documentary
Credits
(1993 Revision) I.C.C. Publication No.500. Please open by full detailed swift.


OUR REFERENCE NUMBER                       :

LETTER OF CREDIT NUMBER                    : TO BE ADVICE

TRANSFERABLE                               :

EXPIRY DATE                                : 90 DAYS FROM DATE OF L/C OPENED

LATEST DATE OF SHIPMENT                    : 75 DAYS FROM DATE OF L.C

EXPIRY PLACE                               :

BENEFICIARY’S NAME                         :

BENEFICIARY’S ADDRESS                      :

CURRENCY                                   : UNITED STATES DOLLARS

AMOUNT IN US DOLLARS [FIGURES]             : ....................................................................

AMOUNT IN US DOLLARS [WORDS]               : ..........................................................ONLY

TOLERANCE                                  : NIL

AVAILABLE WITH                             : ANY BANK BY NEGOTIATION

AVAILABLE BY                               : DRAFT

DRAFT                                      : AT SIGHT FOR 100% INVOICE VALUE

DRAWN ON                                   :

PARTIAL SHIPMENTS                          : ALLOWED



                            FIVE STARS INTERNATIONAL LTD                                                        1
TRANSSHIPMENT                         : NOT ALLOWED

TRANSPORT FROM                        :
TRANSPORT TO                          :

SHIPMENT TERMS                        : FOB / CNF/ CIF/ COD

DESCRIPTION OF THE GOODS              : …..…………………………….……………
                                       …..................................................AS PER
                                       PROFORMA INVOICE NO:…….…………..…
                                       DATED _________________________ 2007

PACKING INSTRUCTIONS                  :

INSURANCE                             : TO COVER BY SELLER / OR BUYER

ADVISING BANK                         :

ADVISING BANK ADDRESS                 :

BANK CHARGES                          : ALL BANK CHARGES OUTSIDE UK ARE
                                       TO THE BENEFICIARY ACCOUNT

SPECIAL INSTRUCTIONS                  : ALL DOCUMENTS MUST BE IN ENGLISH
                                          DOCUMENTS DATED PRIOR TO OPENING
                                          L/C OF CREDIT ARE NOT ACCEPTABLE.
                                          L/C NUMBER & DATE MUST BE QUOTED
                                          ON ALL DRAFTS REQUIRED.

PRESENTATION PERIOD                   : ALL DOCUMENTS TO BE PRESENTED
                                          WITHIN 15 DAYS AFTER THE DATE OF
                                          ISSUANCE OF THE TRANSPORT
                                          DOCUMENTS BUT WITHIN THE VALIDITY
                                          OF THE CREDIT.

DOCUMENTS REQUIRED                    : 1) ORIGINAL SIGNED COMMERCIAL
                                            INVOICES IN TRIPLICATED

ADDRESSED TO                          :

                                      : 2) SIGNED THREE ORIGINALS AND THREE
                                           NON-NEGOTIABLE COPIES BILL OF
                                           LADING SIGNED STAMPED AND
                                           NUMBER MARKED "FREIGHT PREPAID"
                                           AND EVIDENCING GOODS CONSIGNED
                                           TO THE ORDER OF, SHOWING GROSS
                                           AND NET WEIGHT, DESPATCH DATE
                                           AND QUANTITY.




                       FIVE STARS INTERNATIONAL LTD                                                2
NOTIFY PARTY                                :

                                            :3) ORIGINAL CERTIFICARE OF ORIGIN
                                                ISSUED BY CHAMBER OF COMMERCE

                                            :4) ORIGINAL PACKING LIST IN TRIPLICATE


                                            :5) ORIGINAL SHIPMENT APPROVAL
                                                CERTIFICATE SIGNED BY THE
                                                AUTHORISED SIGNATORIES OF THE
                                                APPLICANT...................................................,
                                                WHOSE SIGNATURES MUST BE DULY
                                                AUTHENTICATED BY LC OPENING BANK,
                                                AS PER BANK MANDATE.

                                            :6) IF TERMS (CIF) THEN INSURANCE
                                                POLICY OR CERTIFICATE IN DUPLICATE,
                                                IN NEGOTIABLE FORM FOR 100 PER
                                                CENT OF THE INVOICE VALUE
                                                COVERING INSTITUTE CARGO CLAUSES
                                                (ALL RISKS), INSTITUTE WAR CLAUSES
                                                (CARGO) AND INSTITUTE STRIKES,
                                                RIOTS AND CIVIL COMMOTIONS
                                                CLAUSES (CARGO) WITH EXTENDED
                                                COVER FROM WAREHOUSE TO BUYERS
                                                WAREHOUSE. ALL CLAIMS PAYABLE AT
                                                THE PORT OF DESTINATION.

We request you to issue your irrevocable documentary letter of credit for our account in
accordance with the above instructions. The credit will be subject to the Uniform
Customs and Practice for Documentary Credits (1993 revision, Publication No. 500 of
the international chamber of commerce,
Paris, France).

For and On behalf of (BUYER)
COMPANY SEAL


________________________
Name :
Position:

For and on Behalf of (SELLER)
COMPANY SEAL


_______________________
Name :
Position :




                             FIVE STARS INTERNATIONAL LTD                                                   3

				
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