TO：BANK OF CHINA
Beneficiary (full name and address)
SANGYONG CORPORATION
CPO. BOX 405
SEOUL
KOREAL/C NO.
Ex-Card No.
Contract No. 97040
Date and place of expiry of the credit
SEPT. 28, 1997 KOREA
Partial shipments
O allowed O not allowed Transshipment
O allowed O not allowed O Issue by airmail O With brief advice by teletransmission
O Issue by express delivery
O Issue by teletransmission (which shall be the operative instrument)
Loading on board / dispatch / taking in charge at / from RUSSIAN SEA
Not later than SEPT. 13, 1999
for transportation to DALIAN PORT, CHINAAmount (both in figures and words)
USD1,146,725.04(SAY U.S. DOLLARS ONE MILLION ONE HUNDRED AND FORTH SIX THOUSAND SEVEN HUNDRED AND TWENTY FIVE CENTS FOUR ONLY)
Description of goods:
FROZEN YELLOWFIN SOLE WHOLE ROUND (WITH WHITE BELLY) USD770/MT CFR DALIAN
TOTAL QUANTITY: 500MT
SPECIFICATIONS AND PACKING CONDITIONS ARE AS PER ATTACHMENT TO THIS APPLICATION Credit available with
O by sight payment O by acceptance O by negotiation
O by deferred payment at
against the documents detailed herein
O and beneficiary’s draft for 100 % of the invoice value
at 45 days after sight
on BANK OF CHINA LIAONING BRANCH
O FOB
O or other termsO CFRO CIF
Documents required: (marked with x)
(X) Signed Commercial Invoice in 5 copies indicating invoice no., contract no.
(X) Full set of clean on board ocean Bills of Lading made out to order and blank endorsed, marked "freight ( ) to collect / (X) prepaid ( ) showing freight amount" notifying LIAO NING OCEAN FISHING CO., LTD. TEL: (86)411-3680000
( ) Air Waybills showing "freight ( ) to collect / ( ) prepaid ( ) indicating freight amount" and consigned to _________.
( ) Memorandum issued by _________________ consigned to __________
(X) Insurance Policy / Certificate in 3 copies for 110 % of the invoice value showing claims payable in China in currency of the draft, bank endorsed, covering ( ) Ocean Marine Transportation / ( ) Air Transportation / ( ) Over Land Transportation) All Risks, War Risks.
Beneficiary (full name and address)
SANGYONG CORPORATION
CPO. BOX 405
SEOUL
KOREAL/C NO.
Ex-Card No.
Contract No. 97040
Date and place of expiry of the credit
SEPT. 28, 1997 KOREA
Partial shipments
O allowed O not allowed Transshipment
O allowed O not allowed O Issue by airmail O With brief advice by teletransmission
O Issue by express delivery
O Issue by teletransmission (which shall be the operative instrument)
Loading on board / dispatch / taking in charge at / from RUSSIAN SEA
Not later than SEPT. 13, 1999
for transportation to DALIAN PORT, CHINAAmount (both in figures and words)
USD1,146,725.04(SAY U.S. DOLLARS ONE MILLION ONE HUNDRED AND FORTH SIX THOUSAND SEVEN HUNDRED AND TWENTY FIVE CENTS FOUR ONLY)
Description of goods:
FROZEN YELLOWFIN SOLE WHOLE ROUND (WITH WHITE BELLY) USD770/MT CFR DALIAN
TOTAL QUANTITY: 500MT
SPECIFICATIONS AND PACKING CONDITIONS ARE AS PER ATTACHMENT TO THIS APPLICATION Credit available with
O by sight payment O by acceptance O by negotiation
O by deferred payment at
against the documents detailed herein
O and beneficiary’s draft for 100 % of the invoice value
at 45 days after sight
on BANK OF CHINA LIAONING BRANCH
O FOB
O or other termsO CFRO CIF
Documents required: (marked with x)
(X) Signed Commercial Invoice in 5 copies indicating invoice no., contract no.
(X) Full set of clean on board ocean Bills of Lading made out to order and blank endorsed, marked "freight ( ) to collect / (X) prepaid ( ) showing freight amount" notifying LIAO NING OCEAN FISHING CO., LTD. TEL: (86)411-3680000
( ) Air Waybills showing "freight ( ) to collect / ( ) prepaid ( ) indicating freight amount" and consigned to _________.
( ) Memorandum issued by _________________ consigned to __________
(X) Insurance Policy / Certificate in 3 copies for 110 % of the invoice value showing claims payable in China in currency of the draft, bank endorsed, covering ( ) Ocean Marine Transportation / ( ) Air Transportation / ( ) Over Land Transportation) All Risks, War Risks.