|
|
|
|
|
 |
Letter of Credit Requirements
The following are our/bankers requirement for
Letter of Credit. We request you to comply with the
requirements to ensure timely delivery and avoid
amendment charges.
|
Form of Documentary
Credit
Must be irrevocable and issued by SWIFT (preferable)
or TELEX
Date and Place of Expiry
At least 10 weeks from LC Issue Date (30 days from
the date of the last shipment). Could be different
depending on Product and Vendor lead times. Will
have to be agreed upon with the Sales Order
Processing Dept of Online before opening the L/C)
Place of Expiry
U. A. E.
Applicant
Must be the same as the Bill to Party on the
purchase order
Currency Code
USD/AED/SAR
Drafts at
.
Sight/ Usance for 100% of the invoice value (as
agreed)
Available With
.. By
Must be with HSBC by negotiation
Partial Shipments and Trans-shipments
Both must be allowed
Loading On Board/Dispatch/Taking in Charge At/From
..(depending on the shipment requirement)
For Transportation To
An International Customs Clearing Port in country of
ultimate destination
Latest Date of Shipment
Must be at least 7 weeks from the LC Issue Date
(Could be different depending on Product and Vendor
lead times. Will have to be agreed upon with the
Sales Order Processing Dept of Online)
Description of Goods and/or Services
Computer Networking Equipment
Shipment and Price Quotation
Ex-warehouse or C&F / Ex-works based on the terms
of shipment of the order
Documents Required
- Commercial Invoice : 1 original, 2 copies
- Packing list in 3 copies
- Airway Bill / Bill of Lading / Truck Consignment
Note / Delivery Note, confirming receipt of goods
condition, signed by the freight forwarder
consigned to issuing bank and notify applicant
Additional Conditions
- House Airway Bill must be acceptable
- Third party documents must be acceptable
Banking Charges
- Charges in the country of issue of L/C borne by
Applicant
- Charges outside the country of issue borne by
Beneficiary
Period for Presentation
Within 30 days from the date of shipment, but within
the validity of the credit
|
|
|
|
Datatec Group //
