Ple ase refe r to our Conditions of Use http://dbs.com.hk/collectioninstruct_form.htm before using this form (“Standard Template”). Please note in particular you must not make any deletion, addition or other variation to this Standard T emplate. Any such deletion, addition or variation will not be accepted by and will not be binding on DBS Bank (Hong Kong) Limited. Please ensure the Standard Template is fully complete d and signed, and printed in legible form, before returning it to DBS Bank (Hong Kong) Limited.
Bank Ref. : __________________________
COLLECTION ORDER To: DBS Bank (Hong Kong) Li mited
Date: Drawer (full name & address) Contact: Mr/Miss Fax No. Tel No. We hand you draft and/or documents as listed below for disposal in accordance with the following instructions and subject to your General Commercial Agreement and to the terms and conditions overleaf: 1. ADVANCE against bills/documents under D/A or D/P HONOUR or NEGOTIATION by immediate advance/ prepayment/ purchase under DOCUMENTARY CREDIT 2. Examine documents & you agree to advance to us by HONOUR or NEGOT IATION under DOCUMENT ARY CREDIT and the advance/ prepayment/ purchase to be made upon receipt of: confirmation of due date our separate written instruction subject to the available DC issuing bank limit of your Bank 3. COLLECT ION (Payment after proceeds received) for bills/ documents under DOCUMENTARY CREDIT (without documents examination), D/A or D/P DRAWER’S NO TENO R/TERMS AMO UNT
Applicant/Consignee ( name & address) Drawee (if not Consignee) (full name & address)
Brief Description of Goods: Documentary Credit No Opened by Departure Date Vessel/Flight No Port of Discharge: NO. OF DOCUME NTS ATTACH ED Pkg. L Insp Cert. Cert. of Origin C.O. Form A Insur. Policy / Cert. Export Licence NonNego B/L BL/AWB or CR No. Port of Loading Final Desin. If on Carriage Cargo Receipt
Draft
Inv
Cert.
B/L
AWB
O THER DOCUMENT ATTACHED: INSTRUCTIONS FOR BILLS AND /OR DOCUMENT UNDER D/A AND D/P PLEASE FO LLOW T INSTRUCTIONS MARKED [X] S HE Deliver documents against payment (“D/P”) ACCEPTANCE/PAYMENT may be deferred pending arrival of goods Delivery documents against acceptance (“D/A”) Please note that we have covered the Export Credit Insurance for the aboveX Advise payment by telecommunication. mentioned drawee against Policy No. X Advice acceptance and maturity date by telecommunication. X Advice non-acceptance/non-payment, given reasons by X COLLECTING BANK : ( Full name & address) telecommunication. If unaccepted/unpaid please protest. X In respect of FOB/FCA or FCR/CPT shipment, we certify that insurance is covered by drawee. In case of need refer to Who will assist you to obtain acceptance/payment but who has no authority to amend the terms of the bill. “We declare that this application form is produced from the standard Collect interest @ % p.a. from drawee from date of template of the Bank and we understand any unauthorized amendment until date of payment. to the text of the form will be invalid and of no effect (whether or not X Collect your correspondents’ commission and charges from the amended form is accepted by any of your staff and / or acte d upon drawee. by your Bank).” WAIVE* Interest and/or your correspondents’ commission DO NOT WAIVE* and charges if refused. S.V. _______________________________ X * In case of no indication, collection of interest and / or your Authorized Signature(s) & Company’s Stamp correspondents’ commission & charges MAY BE WAIVED if refused.
TNO/TCS/0015 (05/08)
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Ple ase refe r to our Conditions of Use http://dbs.com.hk/collectioninstruct_form.htm before using this form (“Standard Template”). Please note in particular you must not make any deletion, addition or other variation to this Standard T emplate. Any such deletion, addition or variation will not be accepted by and will not be binding on DBS Bank (Hong Kong) Limited. Please ensure the Standard Template is fully complete d and signed, and printed in legible form, before returning it to DBS Bank (Hong Kong) Limited.
Bank Ref. : __________________________
PROCE EDS DISPOSAL : Please followinstruction marked [X] Credit our Account No. Under Forward Exchange Contract No. (if applicable:_ ) Debit our Account No. for your bank charges. (In case of no indication, please debit the Account No. as stated above.) Amount for to be transferred for repayment: Import bill/Transfer DC document under Ref. No. __________________________ . Repay Packing Loan (Ref. PC )
O THER INSTRUCTIO NS : Please follow instruction marked [X] For documents to be presented to Local Bank, please instruct them to pay in (Please indicate HK Dollars / Original Currency): X Documents to be forwarded : as per DC terms by COURIER in 1 lot unless otherwise instructed below:
“We declare that this application form is produced from the standard template of the Bank and we understand any unauthorized amendment to the text of the form will be invalid and of no effect (whether or not the amended form is accepted by any of your staff and / or acted upon by your Bank).”
For Bank Use Only Bill Ref. No : CIF No. : Finance Type : Bill Category : □ LIBW □ CBN □ LIBN □ CBC □ LIBN (Payment)
□ OB □ EBC
S.V.
_____________________________________ Authorized Signature(s) & Company’s Stamp
-End of Application Form-
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TERMS AND CONDITIONS UNDER COLLECTION ORDER We agree to the below conditions, which are applicable to Documentary Collections (D/A & D/P) and Documentary Credit, as the case may be: 1. This Collection Order is subject to the Uniform Customs and Practice for Documentary Credits (“UCP”) or Uniform Rules for Collections (“URC”) of the International Chamber of Commerce, as the case may be, currently in force as the same may be amended from time to time, and to the terms and conditions herein, as the same may from time to time be amended and the laws applicable to you and the terms and conditions of any banks whose services may be utilized by you for the purpose of this Collection Order. The expression “documents” has the meaning defined in the URC. References to “the documents” and “the bill(s)” are to the documents and bill(s) mentioned on the overleaf. For bills under documentary credit are subject to UCP. You may, at our risk and cost, utilize the services of any banks for the purpose of any matter referred to herein. You assume no liability or responsibility for any consequences arising out of any act or omission by you in good faith resulting from your interpretation of our instructions, and we shall not be entitled thereafter to dispute or question your interpretation. You shall have a lien on all our documents in your or your agent’s possession as security for the payment of all sums due from us to you howsoever arising. We shall: pay to you on demand the face amount(s) of the bill(s) negotiated/prepaid/purchased/advanced, which shall for whatever reason (whether or not known to you) be dishonoured on presentation for negotiation/prepayment/purchase/advance / payment, together with interest thereon at such rate or rates as you may in your absolute discretion determine for the period from the maturity date of the bill(s) negotiated/prepaid/purchased/advanced by you to the date of our payment to you, both dates inclusive; pay to you on demand all sums including interest, collection charges and expenses which you are entitled or instructed to collect in respective of the documents and which for whatever reason are not paid to you on presentation of the documents, together with interest thereon as aforesaid; and indemnify you against all liabilities, charges and expenses (including legal costs on the solicitor and own client basis) incurred or payable by you by reason of any steps or legal proceedings taken by you (there being no obligat ion on you to do so) for the purpose of obtaining payment in respect of the documents or with respect to the goods referred to in the documents, and pay or repay to you on demand all sums which you may or shall be liable for or pay in respect of such liabilities, charges and expenses, together with (where you have paid the relevant amount prior to our repayment thereof to you) interest thereon at such rate or rates as you may in your absolute discretion determine for the period from the date of your payment to the date of our repayment to you. We shall indemnify you against all liabilities, charges and expenses (including legal costs on the solicitor and own client basis) incurred or payable by you for the purpose of giving effect to our instructions or obtaining any payment from us hereunder or incurred or payable by you by reason of any foreign laws or usages and shall on demand pay to you interest on all sums paid out by you by reason of any such matters from the date of payment by you to the date of reimbursement by us (both dates inclusive) at such rate or rates as you may in your absolute discretion determine. (a) Nothing which you shall have done or omitted or delayed to do with respect to the documents including without limitation their presentation, protest (or other legal process in lieu thereof) for non-acceptance or non-payment, or release, or the goods referred to in the documents, and no settlement by you of any claim or proceedings relating to the documents shall, provided you shall have acted in good faith, discharge or prejudice our obligations under Clause 6 hereof. (b) Without prejudice to Clause 8(a) hereof, no delay or loss in transit of any messages, letters or documents, or delay, mutilation or errors arising in the transmission of any telecommunication, or errors in translation or interpretation of technical terms, and no refusal to honour the documents by reason of any circumstances arising from Acts of God, riots, civil commotions, insurrections, wars, strikes, lockouts or any other causes beyond your control, shall discharge or prejudice our obligations under Clause 6 hereof. Upon full payment by us to you on demand and provided that you are satisfied that we shall be under no further obligations or liabilities to you hereunder, you will at our cost and risk deliver to us such of the documents as are then in your possession or power.
2. 3. 4.
5. 6. (a)
(b) (c)
7.
8.
9.
10. A certificate by your officer as to any sum due from us hereunder and the amount due shall, in the absence of manifest error, be conclusive evidence thereof. 11. You shall entitled from time to time by notice to us to amend these terms and conditions in such manner as you shall in your discretion consider fit. 12. For the documents/bills negotiated/prepaid/purchased/advanced by you, we hereby assign to yo u all our rights, title, interest, benefit and entitlement in and to the documents/bills. 13. You are hereby authorized to accept any instructions that you receive by facsimile or telephone that you reasonably believe are given by us, for using our company’s chop. We will provide to you such company chop in advance, for your custody and use on our behalf. Save only for negligence or fraud by your Bank (or its staff), you will not assume responsibility or liability for the chop or its use, including but not limited to loss or misuse of such chop or for any consequences arising from any amendments authenticated by such chop. 14. For the documents/bills negotiated/prepaid/purchased/advanced by you under a Back-to-Back Documentary Credit, you are authorized to apply the proceeds thereunder to settle the corresponding drawing(s) under the Back -to-Back Documentary Credit without crediting such proceeds to our account with you first. 15. As stated here, “you”, or “your”, including, in each case, successors and assigns.
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