Penalty Clause Claim Exempt Breach Terminate
Penalty Clause Claim Exempt Breach Terminate
Penalty Clause Claim Exempt Breach Terminate
A.A. payment
B.B. shipment
C.C. penalty
D.D. quality
Complaints are often received by companies who ship consignments overseas. These complaints are sometimes about the【26】of goods received. Perhaps not enough goods were sent, perhaps too many. And sometimes it is a complaint that the wrong goods were sent.
Often there are complaints about【27】packing, which can cause damage to the goods. Sometimes the complaint is about inferior quality. Buyers in this case often complain that the goods are not【28】There may be a【29】between the description of the goods in the brochure and the goods which actually arrived.
A complaint may be about a delay in shipment, although companies often have a【30】in their contract to protect them against loss from delay.
Complaints about damage are usually the business of insurance companies, but if the damage is caused by the【31】of the packers, then the insurance companies will not accept responsibility.
When there is a complaint that the wrong goods were sent, or too many, or too few, then it is always necessary to check the【32】for the cases, as well as the invoice. Then the agent must【33】what happened. The goods may still be in the port of unloading.
Bad, inferior or inadequate packing may cause damage to goods in transit. The buyers may accept damaged goods if the supplier offers a【34】, but if the goods arc badly damaged they may be【35】, and in this case the buyer will demand replacements.
(11)
审证:指出信用证中错误的地方、我方做不到或应注意的地方。
BANK MEES & HOPE NV. HAMBURG
APPLICANT: SPAYER SERVICE MERCHANDISF,R B. V.
ADVISING BANK: BANK OF CHINA, TIANJIN, CHINA
DATE AND PLACE OF IEXPIRY: ls"SEPT. 1995IN HAMBURG
AMOUNT: USD 9000(SAY USD EIGHT THOUSAND)
SHIPMENT FROM CHINA 'ro HAMBURG NOT LATER rrHAN 20THSEPT, 1995
DRAFT AT SIGHT DRAWN ON BENEFICIARY ACCOMPANIED BY 'rHE FOLLOWING DOCUMENTS:
(1) SIGNED INVOICE COUNTER SIGNED BY APPLICANT
(2) CERT. OF ORICIN ISSUED BY BANK OF CHINA, TIANJIN
(3) SHIP'S CLASSIFICATION ISSUED BY LLOYYDS' IN LONDON
(4) FULL SET OF CLEAN ON BOARD OCEAN B/L, MADE OUT TO ORDER, BLANK ENDORSED, MARKED "FREIGHT PREPAID " AND NOTIFY BENEFICIARY, SHIPPER IS APPLICANT
(5) INSURANCE POLICY COVERINC AR & WR ADDIWG ON DF.CK CLAUSE'AS PER CIF FOR 150% INVOICE VALUE, CLAIM IF ANY, PAYABLE IN GERMANY.
(6) WEIGHT NOTE COUNTER SICNED BY APPLICANT
(7) INSPECTION CERT. ISSUFD BY ADVISING BANK
COVF.RINC: 10M/T BITTER APRICOT KERNELS 1GRADE @ USD 900PF.R M/T CIF HAMBURG
REMARKS: (1) ALL BANKING CHARGES ARE FOR BF,NEFICIARY'S ACCOUNT
(2) DRAFT AND DOCUNENTS TO BE SENT BY THE ADVISING BANK TO US WITHIN 24FIOURS BY REGISTERED AIRMAIL IN TWO LOTS
(3) SHIPPINC MARKS AS READ:
S S
ROTTERDAM
NO.1-UP
THIS CREDIT IS SUBJECT TO UCP NO. 500.
WE HEREBY ENGAGE THAT PAYMENT WILL BY DULY MADF. AGAINST DOCUMENT PRESENTED IN CONFORMITY WITH THE TERMS OF CREDIT.
BANK MEES & HOPE NV.
HAMBURC (SJCNED)
Claim reimbursement by means of a Time draft
A Credit available by acceptance
1.Name of Issuing Bank Place and date of issue
Dresdner Bank Hamburg, 15 April, 200 x
To: China National Light Indus- This Credit is advised through
trial Products Imp. & Exp. ICBC, Tianjin
Corp., Tianjin Branch,
Tianjin
Dear Sirs,
By order and for account of the applicant, we hereby issue an Irrevocable Documentary Credit No. H169087 for USD25,730.00 to expire on 31 May, 200× at Tianjin available with The Industrial and Commercial Bank of China, Tianjin by acceptance against beneficiary's draft at 90 days sight drawn on ICBC, Tianjin (advising bank) and the documents detailed herewith:
______________________________________________________________________________
Partial shipments not allowed. Transhipment allowed.
All charges outside Issuing Bank's country including acceptance commission are for account of beneficiary.
______________________________________________________________________________
If this Credit shall be duly accepted on presentation to drawee bank and duly honoured at maturity.
______________________________________________________________________________
Bank-to-Bank Instructions:
Accepting bank is to draw their time draft on Bank of America, New York payable at a fixed future time i. e. maturity of accepted beneficiary's drafts.
Reimbursements under this Credit are subject to the Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credit, ICC Publication No. 725.
2.
From: Dresdner Bank, Hamburg
To: Bank of A.merica, New York
Reimbursement Authorisation
We hereby issue a Reimbursement Authorisation to you to accept and pay a time draft drawn on you subject to Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits, ICC Publication No. 725 upon receipt of such draft presented by the Claiming Bank——The Industrial and Commercial Bank of China, Tianjin in accordance with the following:
(1)Credit number: H169087
(2)Currency and amount: USD25, 730. 00
(3)Additional amounts payable: no
(4)Claiming Bank: ICBC, Tianjin
(5)Parties responsible for charges: beneficiary
(6)Tenor of draft: maturity of accepted beneficiary's draft
(7)Drawer: ICBC, Tianjin
(8)Party responsible for acceptance commission: beneficiary
3.
beneficiary's draft
Due 3 August, 200×
Exchange for USD25, 730. 00 Tianjin, 4 May, 200×
At 90 days sight pay to the order of
Ourselves the sum of
US dollars twenty five thousand seven hundred and thirty only
Drawn under Dresdner Bank, Hamburg L/C No. H169087 dated 15 April, 200×.
To The Industrial and Commercial
Bank of China, Tianjin For China National Light
Industrial Products Imp.
& Exp. Corp., Tianjin
Branch, Tianjin
signature
ACCEPTED
5 May, 200×
to mature
3 Aug., 200×
For
The Industrial and
Commercial Bank of
China, Tianjin
signature
4.Please fill the following particulars in two blank forms to write a Letter of Reimburse Claim and to issue a Time Draft:
(1)Addressee or drawee: Bank of America, New York
(2)Sender or drawer: The Industrial and Commercial Bank of China, Tianjin
(3)Amount: USD25,730.00
(4)Date of Letter of Reimbursement Claim and Draft: 24 July, 200×
(5)Predetermined reimbursement date: 3 Aug., 200×
(6)Payee: ICBC, Tianjin
(7)Accounting procedure: crediting our Head Office account with you under your telex advice to us quoting our Ref. No. BP87654321.
(8)Drawn clause: Drawn under Dresdner Bank, Hamburg L/C No. H169087 dated 15 April, 200×