LETTER OF CREDIT
| 1) THE FIRST PACIFIC BANK OF CHICAGO (Mid-Continental Plaza Wabash at Adams Chicago, ILL., 60603 Cable address : Hongkong lbank Telex No.: PO box : | 3) IRREVOCABLE LETTER OF CREDIT | 4) Credit No. (Issuing Bank's No.) FPB96904892 | |
| 2) Place and date of issue Cicago, USA 30 Aug 1998 □ Confirmation of our brief teletransmission of | 5) Date or place of expiry 10. SEP 1998 at counter of Bank in Seoul | ||
| 6) Applicant WAIKKI CO., LTD. 5002 North Clark Street Chicago, ILL., 60603, USA | 7) Beneficiary KOREA TRADING CO., LTD. Jungkok-dong Sungdong-ku, Seoul, KOREA | ||
| 8) Advising Bank Korea Exchange Bank Seoul, Korea Advising Bank's No. | 9) Amount USD20,000.00(USDollars Twenty Thousand only) | ||
| 12) Partiial Shipment □ allowed □ not allowed | 13) Transshipment □ allowed □not allowed | 10) Credit available with THE FIRST PACIFIC BANK OF CHICAGO (Mid-Continental Plaza Wabash at Adams Chicago, ILL., 60603 by 11) □ sight payment/ □ deferred payment/ □ acceptance/ □ negotiation against the documents de tailed herein. □ and your drafts ( □ at sight/ □ at days ) drawn on us for full invoice value of goods. | |
| 14) Loading on board from/ Busan, Korea not later than 10 SEP 1998 for transportation to Hong Kong | |||
| 15) Documents required . Invoice(s) in quadruplicate ․□ Full set original clean "On Board" bill of lading made out to the order of shipper endorsed in blank □ Original air waybill marked "for the consignor" signed by the carrier of his agent. marked "Freight □ Prepaid / □ Collect" and "Notify KOREA TRADING Co., Ltd, Seoul, Korea. □ mentioning this DC number evidencing despatch to ․□ Marine / □ Air Insurance Policy or Certificate for full CIF value plus 10% covering □ Institute Cargo Clauses(A) / □ Institute Cargo Clauses(Air), □ Institute War Clauses (□ Cargo / □ Air Cargo) and Institute Strikes Clauses (□ Cargo / □ Air Cargo). ․Packing List in quadruplicate ․□ Insurance covered by □ Aplicant / □ ultimate buyer, 16) 1,000pcs LEATHER GARMENTS at USD20.00 per pc CIF | |||
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