INSTRUCTIONS TO BUYER FOR ESTABLISHING A DOCUMENTARY LETTER OF CREDIT (L/C) WE HAVE INDICATED BELOW THOSE TERMS AND CONDITIONS THAT WE WOULD FIND ACCEPTABLE IN A LETTER OF CREDIT ISSUED BY YOUR BANK. STRICT COMPLIANCE WITH THESE L/C TERMS AND CONDITIONS WILL ENSURE PROMPT DISPATCH OF YOUR ORDER AND THE RELATED DOCUMENTATION. IF YOUR BANK IS UNABLE TO ISSUE THE CREDIT WITHIN THE FOLLOWING GUIDELINES, YOU MUST CONTACT OUR CREDIT DEPARTMENT PROVIDING INFORMATION ON THOSE AREAS IN QUESTION. THIS WILL ELIMINATE NEEDLESS COST INVOLVED IN AMENDMENTS AND DELAYS AFTER THE CREDIT HAS BEEN ISSUED.
IT IS IMPERATIVE THAT THE FOLLOWING GUIDELINES ARE FOLLOWED:
1. Type of Credit: Irrevocable Documentary Letter of Credit Available with our bank ABN in the Netherlands.
2. Method of Issuing the L/C: ABNANL2R
3. Account No: NL66ABNA0533234271
4. Beneficiary's Name and Address: Rolflex Nederland BV
Tel. 00 31 315 695959
Fax. 00 31 315 695950
5. Applicant: (Purchasing Party)
6. Payment at sight
7. We require an confirmed Letter of Credit by our bank
8. Currency Code, Amount: Euro ……………….
9. Date and Place of Expiry: 12 weeks after signed order confirmation in The Netherlands
10. Latest Date of Shipping: 8 weeks after signed order confirmation
11. Presentation period documents: 28 days from B/L date however within the validity of the LC in the Netherlands
12. Partial Shipments: Allowed
13. Transshipments: Allowed
14. Trade Terms: Last agreed incoterm
15. Port of discharge: ……………………………… (depending of last agreed incoterm)
16. Description of goods: …. Compact Folding Doors order no ……………….
a) Signed commercial invoice (3x) (if necessary signed by chamber of commerce)
b) Packing List (3x) (if necessary signed by chamber of commerce)
c) Full set (3x) Bill of Lading
d) Insurance policy or certificate (depending of last agreed incoterm)
e) Certificate of Origin (2x)
18. Cost of LC for Applicant
The Letter of Credit must be subject to the UCP latest version
We look forward in receiving your draft LC for our final approval
Kindly open your letter of credit through our bank:
ABNAMRO bank NV.