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 |