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THE SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom Happiness COASTAL FISHERIES DEVELOPMENT CORPORATION APPLICATION FOR ISSUANCE OF LETTER OF CREDIT Please tick to appropriate check box To: ………………… With all our obligations we hereby request the bank for the issuance of the Irrevocable Letter of credit f CIF number: Name and address of Applicant: SM TRADING ADD: 59 SEONGMO-RO 16 BEON-GIL, YANGCHON-EUP, GIMPO-SI, GYEONGGI-DO, KORE Date and place of expiry: 160715 in KOREA Payment term: () For: [ X ] Sight [ ] [ ] days after shipment date [ X ] 100PCT invoice value [ ] 80PCT invoice value Credit available with: [ X ] Any bank [ ] Confirming bank days after sight [ ] Other: [ ] 90PCT invoice value [ ] Other [ ] Advising bank [ ] Other bank: … (Please specify) Trade term: [ X ] FOB [ ] CFR Place: HOCHIMINH PORT [ ] CIF/CIP Partial shipment: [ ] Permited [X] Prohibited Place of Receipt: Port of Loading: HO CHI MINH PORT, VIET NAM Latest date of shipment: ?? [ ] DAF [ ] Other: [ ] Incoterms 2000 [ X ] Incoterms 2010 Description of goods: + COMMODITY : Vannamei Breaded PTO Shrimp (12GR/PCF X 30/TRAY X 20/CTN) + QUANTITY : ABT 600 CTNs (10% more or less allowed) + UNIT PRICE : 6.3 USD/Kg FOB HCMC, VIETNAM + TRADE TERMS : FOB HCMC, VIETNAM (INCOTERMS 2010) + TOTAL AMOUNT (USD) : ABT 27,216.00 USD (10% more or less allowed) + ORIGIN : Ho Chi Minh, Vietnam + PACKING: EXPORT STANDARD + SHIPPING MARK: Vannamei Breaded PTO Shrimp Brandname: Roll No: Date: Roll width: Roll length: Origin: Vietnam Manufacturer: Importer: Documents required: SIGNED COMMERCIAL INVOICE IN TRIPLICATE FULL SET (3/3) OF ORIGINAL CLEAN ‘SHIPPED ON BOARD’ BILL OF LADING MADE OUT TO ORDER DETAILED PACKING LIST IN TRIPLICATE (SIGNED DETAILED PACKING LIST SHOWING NET WEIGHT CERTIFICATE OF ORIGIN ISSUED BY THE CHAMBER OF COMMERCE OF KOREA IN TRIPLICATE FULL SET OF INSURANCE POLICY OR CERTIFICATE IN ASSIGNABLE FORM AND ENDORSED IN BLAN CERTIFICATE OF QUALITY AND QUANTITY ISSUED BY BENEFICIARY OR MANUFACTURER IN TRIPLIC Additional conditions: All required documents must be issued in english This credit is subject to uniform customs and practice for documentary credits 2007 revision, inte If documents presented under this l/c are found to be discrepant, we shall give notice of refusal a A discrepance fee of usd50.00 should be deducted from the proceeds for all documents negotiat One extra copy of all documents is required for issuing bank’s file if such copies are not submitt All required documents should indicate this credit number, date of issue, issuing bank Please collect your advising charges before releasing lc Charges: ALL BANKING CHARGES OUTSIDE VIETNAM INCLUDING REIMBURSING BANK CHARGES, CONFIR Confirmation instruction: [ X ] Without [ ] Confirm [ ] Mayadd Confirming Bank: …………………… Confirmation fees are for: [ X ] Beneficiary's account [ ] Applicant's account TT reimbursement: [ X ] Not allowed [ ] Allowed ……………working days In consideration of the issuing the above Credit substantially conforming with our request, we hereby agree as follows: This letter of credit is opened under Contract No 092/2015 XK-CF/SM dated AUG 20 2015 We hereby declare that the transaction covered under this credit complies with current Regulations on Import and Export and with current Foreign Exchange Management Act under the law of Vietnam This letter of credit is subject to “ICC Uniform Customs and Practice for Documentary Credits” in effect at time of issuance In case the advising charge, confirming charge (if any) and other charges (if any) are not collected from the beneficiary by the advising bank or confirming bank, we would make payment for these charges Source of funds: We hereby authorize you to debit our account at your bank: Số: 100% số tiền: $27,216.00 để ký quỹ mở thư tín dụng [ ] Số: số tiền: để tốn thư tín dụng [ ] số: để tốn thư tín dụng [ ] Other: We hereby commit to remit full proceeds in a timely manner for full settlements plus charges In case we fail to so, we unconditionally and irrevocably accept a compulsory trade loan from you We undertake to pay principal plus interest incurred thereof In case we take a compulsory trade loan from ourbank, we voluntarily concede the possession of goods to our bank If we fail to pay all debt incurred thereof within 10 days from the date of involuntary payment, our bank is entitled to sell the shipment in question, dispose any security, deposit or mortgage or take any other measures to take back the loan For further information, please contact with Mr/Ms: Tel No.: Fax: Ho Chi Minh City, (date) 2016 Chief Accountant Director/Manager Phạm Ngọc Thái Received by BIDV on 25 May 2016 Name and Signature (month) ... credit number, date of issue, issuing bank Please collect your advising charges before releasing lc Charges: ALL BANKING CHARGES OUTSIDE VIETNAM INCLUDING REIMBURSING BANK CHARGES, CONFIR Confirmation... any) are not collected from the beneficiary by the advising bank or confirming bank, we would make payment for these charges Source of funds: We hereby authorize you to debit our account at your... our bank If we fail to pay all debt incurred thereof within 10 days from the date of involuntary payment, our bank is entitled to sell the shipment in question, dispose any security, deposit or