Name of Issuing Bank Place and date
The French Issuing BankParis, 1 January 2006
38 rue Francois lerThis Credit is advised through
75008 Paris, FranceThe American Advising Bank,
To: The American Exporter Co. Inc.486 Commerce Avenue,
17 Main StreetTampa, Florida
By request of account of The French Importer Co. 89 rue du Comnerce Paris, France we hereby issue an Irrevocable Documentary Credit No. 12345 for USD 100,000 (say US Dollars one hundred thousand only) to expire on March 29, 2006 in American available with the American Advising Bank, Tampa by negotiation at sight against beneficiary's draft(s) drawn on The French Issuing Bank and the documents detailed herein:
(1)Commercial Invoice, one original and three copies.
(2)Multimodal Transport Document issued to the order of the French Importer Co. marked freight prepaid and notify XYZ Custom House Broker Inc.
(3)Insurance Certificate covering the Institute Cargo Clauses and the Institute War and Strike Clauses for 110% of the invoice value blank endorsed.
(4)Certificate of Origin evidence goods to be of U.S.A. Origin.
Evidencing transportation of Machines and spare parts as per pro-forma invoice number 657 dated January 3, 2006 from Tampa, Florida to Paris, France not late than March 15,2006- CIP INCOTERMS 1990.
Partial shipment is allowed.
Transshipment is allowed.
Documents to be presented within 10 days after the date of the transport documents but within the validity of the credit.
We hereby engage with drawers and/or bona fide holders that drafts drawn and negotiated in conformity with the terms of Credit will be fully honored on presentation. The number and the date of the Credit and the name of our bank must be quoted on all drafts required.
Bank to bank instructions :…
The French Issuing Bank, Paris
It has been found in your L/C that the amount is USD1,000 short as against the total value of the S/C, we hope you will immediately approach your bank to increase the L/C amount by USD1,000.
Please note that unless we could receive your amendment advice by the end of this month we shall be unable to ship the goods before 31 Octomber and an extension of another month will be unavoidable.
Hope you can understand and timely cooperation, look forward to your reply。