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LC

This document is a SWIFT message notifying Commerzbank AG of an irrevocable documentary credit that has been issued by MCB Bank Limited for Diamond Fabrics Limited. The credit is for $26,162.20 and is to cover the shipment of 2 sets of daytex shrinkage belt equipment from the US to Pakistan. It specifies the required shipping documents and other terms and conditions of the letter of credit transaction.
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© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
100% found this document useful (1 vote)
157 views

LC

This document is a SWIFT message notifying Commerzbank AG of an irrevocable documentary credit that has been issued by MCB Bank Limited for Diamond Fabrics Limited. The credit is for $26,162.20 and is to cover the shipment of 2 sets of daytex shrinkage belt equipment from the US to Pakistan. It specifies the required shipping documents and other terms and conditions of the letter of credit transaction.
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

12/01/23-19:41:34 ACKTSL-2732-000002 2

________________________________________________________________________________________________

--------------------- Instance Type and Transmission --------------


Notification (Transmission) of Original sent to SWIFT (ACK)
Network Delivery Status : Network Ack
Priority/Delivery : Normal
Message Input Reference : 1433 230112MUCBPKKAATSL5120707957
--------------------------- Message Header -------------------------
Swift Input : FIN 700 Issue of a Documentary Credit
Sender : MUCBPKKATSL
MCB BANK LIMITED
(TRADE SERVICES CENTRE, LAHORE)
LAHORE PK
Receiver : COBADEFF400
COMMERZBANK AG
MUENSTER (WESTF) DE
--------------------------- Message Text ---------------------------
27: Sequence of Total
1/1
40A: Form of Documentary Credit
IRREVOCABLE
20: Documentary Credit Number
1398LCS221496
31C: Date of Issue
230111
40E: Applicable Rules
UCP LATEST VERSION
31D: Date and Place of Expiry
230315 GERMANY
51D: Applicant Bank - Name & Address
MCB BANK LIMITED.
CORPORATE MAIN BOULEVARD
GULBERG BRANCH,
LAHORE-PAKISTAN.
50: Applicant
DIAMOND FABRICS LIMITED
7-A/K MAIN BOULEVARD
GULBERG-II LAHORE PAKISTAN.
59: Beneficiary - Name & Address
RIETER COMPONENTS GERMANY GMBH
ZWEIGNIEDERLASSUNG MUENSTER
GUSTAV-STRESEMANN-WEG
48155 MUENSTER, GERMANY
32B: Currency Code, Amount
Currency : USD (US DOLLAR)
Amount : #26,162.2#
39A: Percentage Credit Amt Tolerance
0/0
41D: Available With...By... - Name&Addr
ANY BANK
BY NEGOTIATION
42C: Drafts at...
AT SIGHT
42D: Drawee - Name & Address
MCB BANK LIMITED.
CORPORATE MAIN BOULEVARD
LAHORE, PAKISTAN.
43P: Partial Shipments
ALLOWED
43T: Transhipment
ALLOWED
44E: Port of Loading/Airport of Dep.
ANY SEAPORT IN USA
44F: Port of Discharge/Airport of Dest
KARACHI SEAPORT PAKISTAN/PORT QASIM PAKISTAN
44C: Latest Date of Shipment
230215
45A: Description of Goods and/or Services
2 SETS OF DAYTEX 768 SHRINKAGE BELT INCLUDING FOC MOUNTING
ACCESSORIES AT THE RATE OF USD 10856.10 PER SET
PLUS FREIGHT CHARGES USD 4450.00
.
ALL OTHER DETAILS AND SPECIFICATIONS ARE AS PER BENEFICIARY
PROFORMA INVOICE NO P103247 DATED 12-SEP-2022
.
CFR KARACHI SEAPORT PAKISTAN(INCOTERMS 2020)
46A: Documents Required
+1) COMMERCIAL INVOICES IN TRIPLICATE CERTIFYING MERCHANDISE
ARE OF USA ORIGIN AND INDICATING H.S. CODE NO.4016.9990 AND
ARE IN ACCORDANCE AS PER ABOVE MENTIONED BENEFICIARY'S
PROFORMA INVOICE
12/01/23-19:41:34 ACKTSL-2732-000002 3
________________________________________________________________________________________________

+2) FULL SET OF CLEAN 'SHIPPED ON BOARD' MARINE BILL(S) OF LADING


MADE OUT OR ENDORSED TO THE ORDER OF MCB BANK LIMITED, CORPORATE
MAIN BOULEVARD GULBERG BRANCH, LAHORE, PAKISTAN SHOWING FREIGHT
PREPAID AND MARKED NOTIFY APPLICANT AND LC ISSUING BANK.
+3) PACKING LIST IN TRIPLICATE.
+4) ALL SHIPMENT DETAIL TO BE SENT WITHIN FIVE WORKING
DAYS FROM SHIPMENT DATE TO APPLICANT THROUGH E-MAIL
''YOUSAF.FAROOQ(AT)SAPPHIREFIBRES.COM'' AND TO M/S ADAMJEE
INSURANCE COMPANY LIMITED, 5TH FLOOR, MACKVOLK BUILDING,
I.I. CHUNDRIGAR ROAD, KARACHI PAKISTAN THROUGH E-MAIL AT
''MARINE.HO(AT)ADAMJEEINSURANCE.COM'' REFERRING TO
THEIR POLICY NO.PL-0622-201001-M05-003126 DATED 28-JUN-2022
AND SHOWING PORT OF LOADING, PORT DISCHARGE, VESSEL NAME,
B/L NO., DATE OF SHIPMENT, INVOICE VALUE AND COMMODITY.
SUCH ADVICES MUST BE PRESENTED WITH THE DOCUMENTS.
+6)CERTIFICATE FROM SHIPPING COMPANY OR IT'S AGENT IS
REQUIRED TO THE EFFECT THAT THE TRANSPORTATION HAS BEEN
EFFECTED BY COMPANIES OPERATING IN ACCORDANCE WITH PAKISTANI
LAWS AND REGULATIONS REGARDING VESSEL'S FLAG, SEAPORT,
SHIPMENT AND TRANSSHIPMENT AND VESSEL IS COMPLYING
INSTITUTE CLASSIFICATION CLAUSE
47A: Additional Conditions
+1) ALL DOCUMENTS MUST INDICATE LC NUMBER AND DATE OF ISSUANCE
OF THE CREDIT.
+2) A DISCREPANT DOCUMENTS HANDLING FEE OF USD 87.00 OR
EQUIVALENT WILL BE CHARGED BY US FOR EACH SET OF DISCREPANT
DOCUMENTS PRESENTED TO US FOR PAYMENT / REIMBURSEMENT.
THIS FEE WILL BE BORNE BY BENEFICIARY EVEN WHERE CREDIT
INDICATING SOME OR ALL CHARGES ARE ON APPLICANT'S ACCOUNT.
+3) DOCUMENTS UNDER THIS CREDIT MUST BE IN THE LANGUAGE OF
CREDIT.
+4) WE DISCLAIM LIABILITY FOR DELAY, NON-RETURN OF DOCUMENTS,
NON-PAYMENT, OR OTHER ACTION OR INACTION COMPELLED BY
RESTRICTIVE MEASURES, COUNTER MEASURES OR SANCTION LAWS OR
REGULATIONS APPLICABLE TO US OR TO OUR CORRESPONDENT BANKS
IN THE RELEVANT TRANSACTION SUBJECT TO ICC RULES.
+5) PRESENTATION OF STALE / CLAUSED/SHORT FORM/ON DECK/BLANK
BACK/CHARTER PARTY/ TANKER/BILL OF LADING IS UNACCEPTABLE
UNDER THIS LC.
+6) THIRD PARTY DOCUMENTS ARE ACCEPTABLE EXCEPT INVOICE AND
DRAFT.
+7)DOCUMENT MUST BE PRESENTED WITHIN 21 DAYS FROM SHIPMENT
DATE.
71D: Charges
ALL BANK CHARGES OUTSIDE PAKISTAN
ARE ON ACCOUNT OF BENEFICIARY.
48: Period for Presentation in Days
21/DAYS
49: Confirmation Instructions
WITHOUT
78: Instr to Payg/Accptg/Negotg Bank
+1) UPON RECEIPT OF CREDIT CONFORM DOCUMENTS AT OUR
COUNTER WE WILL REMIT THE PROCEEDS AS PER INSTRUCTIONS
ON PRESENTING BANK'S COVERING SCHEDULE.
+2) ORIGINAL SET OF SHIPPING DOCUMENTS MUST BE SENT TO
US THROUGH BANK AT THE FOLLOWING ADDRESS THROUGH COURIER
IN ONE LOT: MCB BANK LIMITED, TRADE SERVICE CENTRE LAHORE.
11TH FLOOR, T-27 PACE TOWER, COLLEGE ROAD, GULBURG II,
LAHORE (54000), PAKISTAN
+3) PRESENTING BANK MUST CERTIFY ON THEIR COVERING
SCHEDULE THAT ALL LC / AMENDMENT ADVISING CHARGES
HAVE BEEN RECOVERED FROM BENEFICIARY.
--------------------------- Message Trailer ------------------------
{CHK:82A6DD25CC59}
PKI Signature: MAC-Equivalent
*End of Message

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