审证

Examine the following L/C against the given contract and tell the differences between them. ………………………………………………………………………………………… THE SANWA BANK LTD. Irrevocable documentary credit Advising bank: Bank of China, Beijing, P. R. China Beneficiary China National Technical Import and Export Corporation, 16 Erliguo, Xijiao, Beijing, 100044, P.R .China Applicant Italiano Cement Inc. 53Milano Street, Milano, Italy Amount USD25,750.00*****************say twenty five thousand seven hundred and fifteen US dollars only**************** Credit No. : 441-2202 Date of issue: April 24, 2008 Expiry date and place: July 15, 2008 in China for negotiation Gentlemen, We hereby issue in your favor this documentary credit available by negotiation with the advising bank of your draft at sight drawn on the above applicant accompanied by the documents as follows: * Signed invoice in triplicate * Full set clean on board Bill of Lading made out to order of The Sanwa Bank Ltd. marked: ‘Freight prepaid’ and notify applicant only. * Insurance policy at 120% of the total invoice value covering Institute Cargo Clause (A). * Packing list in triplicate * Inspection Certificate of Quality in triplicate *Certificate of Origin issued by China council for promotion of International Trade Evidencing shipment of: I000 metric tons of Parrot Brand white Portland Cement at USD 25.75 per metric ton CIF Genoa From Shanghai to Genoa during June, 2008 Partial shipment: not allowed. Transshipment: not allowed. We undertake to honor all the drafts drawn in compliance with the terms of this credit if such drafts are presented at our counter on or before July 15, 2008 This credit is subject to Uniform Customs and Practice for Documentary Credits, 2007 revision, International Chamber of Commerce Publication No. 600. ………………………………………………………………………………………….. Contract Contract No.:2005MMG Date: March 22, 2008 Place: Beijing The Seller: China National Technical Import and Export Corporation, 16 Erliguo, Xijiao, Beijing, 100044, P.R .China Cable Address: CNTIC Fax:010-8494336 Tel:010-8494333 The Buyer: Italiano Cement Inc. 53Milano Street, Milano, Italy Cable Address: MSTCY Fax: 0038-6899306 Tel:0038-6899307 This contract is made by and between the Buyer and the Seller, whereby the buyer agreed to buy and the seller agrees to sell the under-mentioned commodity according to the terms and conditions stated below: 1. Commodities: Parrot Brand White Portland Cement 2. Specifications: As per appendix 1 of this contract 3. Unit: metric ton 4. Quantity:1000 metric tons of 1000 kg each 5. Unit Price: at USD 25.75 per metric ton CIF Genoa, Italy 6. Total Amount: USD25,750.00( In words say: twenty five thousand seven hundred and fifty US dollars only ) 7. Country of Origin and Manufacturers: Yufeng Cement Works, P.R. China 8. Packing: To be packed in strong seaworthy bags suitable for long distance transportation as well as changing climate and with good resistance to moisture. The seller shall be responsible for any damage of the commodity due to improper packing. 9. Shipping mark: The seller shall mark on each package with fadeless paint the package number, gross weight, net weight, measurements and warnings such as: “Keep Away From Moisture”. 10: Time of shipment: to be effected during June, 2008 with partial shipment allowed and transshipment prohibited. 11: Port of Shipment: Shanghai, P. R. China 12. Port of Destination: Genoa, Italy 13. Insurance: To be covered by the Seller for 110% of the total invoice value against All Risks as per the relevant Ocean Marine Cargo Clause of the People’s Insurance Company of China . 14. Payment: To be effected by irrevocable letter of credit in favor of the Seller for total invoice value of shipment to reach the Seller 30 days before the time of shipment. The credit shall be available against the Seller’s drafts drawn at sight for 100% of the invoice accompanied by the shipping documents specified below and shall remain valid for negotiation in China until the 15th day after the shipment is effected. Signed invoice in triplicate Full set clean on board Bill of Lading made out to order and blank indorsed, marked: ‘Freight prepaid’ and notify applicant only. Insurance policy at 110% of the total invoice value covering All Risks as per the relevant Ocean Marine Cargo Clause of the People’s Insurance Company of China . Packing list in triplicate Inspection Certificate of Quality in triplicate Certificate of Origin issued by China council for promotion of International Trade