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HAMBURG BANK
Date: March 9, 1999
To: Bank of China, Beijing
We hereby open our Irrevocable Letter of Credit No. 6785 in favor of Guangzhou Textiles Corporation for account of Hamburg Import Co., Ltd., Germany up to an aggregate amount of German Marks 24 000 ( SAY GERMAN MARKS TWENTY-FOUR THOUSAND ONLY) CIFC2% Hamburg for 100% of the invoice value relative to the shipment of:
6000 yards of Pongee No. 6301 as per Contract No. 1122 dated February 15, 1999 from Huangpu, China to Hamburg, Germany.
Drafts to be drawn at sight on our bank and accompanied by the following documents: Signed Commercial Invoice in triplicate;
Full set of clean on board bills of lading made out to our order quoting L/C No. 6785 marked “freight paid”;
One original marine insurance policy or certificate for 150% full invoice value covering All Risks and War Risk, with claims payable in Germany in the currency of draft(s). Partial shipments and transshipment are permitted. Shipment must be effected not later than May 31, 1999.
Draft(s) drawn under this credit must be negotiated in Germany on or before June 15, 1999.
1122 号称合同主要条款： 卖方：广州纺织品公司 买方：德国汉堡进口有限公司 商品名称：府绸 规格：6103 数量：5000码
单价：CIF汉堡每码4.80德国马克含佣金2% 总值：24 000德国马克
装运期：1999年5月由中国黄埔运往德国汉堡 保险：由卖方投保
付款：按货物金额100%开立以卖方为受益人的不可撤销的即期信用证，凭卖方汇票议付
(3)
BANK OF AUSTRALIA SYDNEY BRANCH
Irrevocable Documentary Credit
No. HSW0