The document is a SWIFT message issuing an irrevocable documentary credit for the value of EUR 136,832 to finance the purchase of marine engines and propellers from Hyundai Seasall Co. Ltd in Korea. It lists the applicant, beneficiary, credit amount, expiry date, required documents, and transport details. The credit is available with Banca Monte dei Paschi di Siena in Bari, Italy by deferred payment at 90 days after the bill of lading date against presentation of an invoice, transport documents, test reports and packing lists.
The document is a SWIFT message issuing an irrevocable documentary credit for the value of EUR 136,832 to finance the purchase of marine engines and propellers from Hyundai Seasall Co. Ltd in Korea. It lists the applicant, beneficiary, credit amount, expiry date, required documents, and transport details. The credit is available with Banca Monte dei Paschi di Siena in Bari, Italy by deferred payment at 90 days after the bill of lading date against presentation of an invoice, transport documents, test reports and packing lists.
The document is a SWIFT message issuing an irrevocable documentary credit for the value of EUR 136,832 to finance the purchase of marine engines and propellers from Hyundai Seasall Co. Ltd in Korea. It lists the applicant, beneficiary, credit amount, expiry date, required documents, and transport details. The credit is available with Banca Monte dei Paschi di Siena in Bari, Italy by deferred payment at 90 days after the bill of lading date against presentation of an invoice, transport documents, test reports and packing lists.
The document is a SWIFT message issuing an irrevocable documentary credit for the value of EUR 136,832 to finance the purchase of marine engines and propellers from Hyundai Seasall Co. Ltd in Korea. It lists the applicant, beneficiary, credit amount, expiry date, required documents, and transport details. The credit is available with Banca Monte dei Paschi di Siena in Bari, Italy by deferred payment at 90 days after the bill of lading date against presentation of an invoice, transport documents, test reports and packing lists.
SWIFT Message Type Sequence of Total Form of Documentary Credit Documentary Credit Number Date of Issue Applicable Rules Date and Place of Expiry Applicant
:IO: :700: :27: :40A: :20: :31C: :40E: :31D: :50:
Beneficiary Customer
:59:
Currency Code and Amount
Maximum Credit Amount Available with ... By ...
:32B: :39B: :41A:
Viewer Hardcopy
KOEXKRSEXXX 700 Issue of Documentary Credit 1/1 IRREVOCABLE 21.07.2010 UCP LATEST VERSION 31.08.2010 ITALY SOCOGES S.R.L. VIA BAIONE 70043 MONOPOLI HYUNDAI SEASALL CO. LTD 460-26 SAM-DONG, UIWANG-SI, GYEONGGI-DO 437-815, KOREA EUR 136,832.00 NOT EXCEEDING PASCITMMBAR BIC the address is: BANCA MONTE DEI PASCHI DI SIENA SPA VIA N. DALL'ARCA 22 70121 BARI BY DEF PAYMENT AT 90 DAYS AFTER BILL LADING DATE. NOT ALLOWED NOT ALLOWED ANY KOREAN PORT TARANTO PORT MONOPOLI (BA), ITALY
Deferred Payment Details
:42P: Partial Shipments :43P: Transshipment :43T: Port of Loading/Airport of Departure :44E: Port of Discharge/Airport of Destination :44F: Place of Final Destination/For :44B: Transportation To/Place of Latest Date of Shipment :44C: 10.08.2010 Description of Goods and/or Services :45A: +pcs 2 of engine type S250S-BRAVO3X 1.81 +pcs 4 of engine type S250S-BRAVO3X +pcs 2 of engine type D170S-BRAVO3X 1.81 +pcs 2 of engine type D170P-ZF45A 1.51:1 +pcs 4 propeller 3X15 3/4X22 FRONT +pcs 4 propeller 3X14 1/4X22 REAR +pcs 4 propeller 3X15 1/2X24 FRONT +pcs 4 propeller 3X14 1/4X24 REAR TOTAL AMOUNT OF GOODS EUR 136,832.00, as per proforma invoice no. HS-SO150710 dtd July 15, 2010. GOODS RENDERED: F O B Busan AS PER INCOTERMS 2000. Documents Required :46A: + ORIGINAL SIGNED COMMERCIAL INVOICE, ISSUED IN THE NAME OF THE APPLICANT, DULY DATED, STAMPED AND MANUALLY SIGNED, ACCEPTABLE ONLY IF INCLUDING THE ENGINES SERIAL NUMBER OF EACH MACHINE, PLUS THREE COPIES. + COPY BENEFICIARIES FAX SENT TO APPLICANT (FAX NO. +39 080 9371972), NOT LATER THAN TWO DAYS BEFORE SHIPMENT GOODS DATE, INDICATING QUANTITY, AMOUNT, GROSS AND NET WEIGHT OF GOODS SHIPPED, PLACE OF SHIPMENT AND OTHERS DETAILS NEEDED TO INSURE THE GOODS (FAX REPORTER REQUIRED). + FULL SET OF CLEAN BOARD MARINE BILL OF LADING ISSUED TO ORDER OF APPLICANT (FULL ADDRESS), MARKED ''FREIGH COLLECT'' NOTIFY LUCIANA DORMIO SRL - VIA C.COLOMBO, 37 - MONOPOLI (BA) - PHONE +39 080 9306819 - info(AT)dormio.it, ACCEPTABLE ONLY IF MARKED GOODS ON BOARD WITH RELATING DATE STAMPED AND COUNTERSIGNED. + ORIGINAL TEST REPORT MANUALLY SIGNED ISSUED BY BENEFICIARY. + CERTIFICATE OF ORIGIN ISSUED BY COMPETENT AUTHORITY IN KOREA, STATING ENGINE REGISTER NUMBER (FOR EACH MACHINE) AND ORIGIN OF THE GOODS IN KOREA. + PACKING LIST IN TRIPLICATE. Additional Conditions :47A: + ALL DOCS MUST SHOW OUR CREDIT NUMBER, ISSUANCE DATE AND THE NAME OF OUR BANK. + IF DOCUMENTARY CREDIT INUTILIZED YOUR CHARGES AND COMMISSIONS ARE FOR BENEFICIARY' S ACCOUNT: ART. 37C UCP 600 DOES NOT APPLY + ALL DOCUMENTS MUST BE IN ENGLISH LANGUAGE. + AN AMOUNT OF EUR 80.00 AS DISCREPANCY FEES IN ADDITION TO ALL RELEVANT TELETRASMISSION CHARGES WILL BE DEDUCTED FROM THE REIMBURSEMENT CLAIM FOR EACH PRESENTATION OF DISCREPANT DOCUMENTS UNDER THIS DOCUMENTARY CREDIT. NOTWITHSTANDING ANY INSTRUCTIONS TO THE CONTRARY, THESE CHARGES SHALL BE FOR THE ACCOUNT OF THE BENEFICIARY. printed by 0154113 on 21.07.2010 at 12:47:15
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Formatted outgoing message / SWIFT
Details of Charges
Period for Presentation
Confirmation Instructions Inst/Paying/Accpt/Negotiate Bank
"Advise Through" Bank
Sender to Receiver Information
Trailer
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+ EXTRA COPY OF ALL DOCUMENTS REQUIRED TO BE PRESENTED FOR
ISSUING BANK'S FILES.A HANDLING FEE OF EUR 15.00 WILL BE DEDUCTED FROM THE PROCEEDS IF EXTRA COPIES ARE NOT PRESENTED :71B: all charges and commissions outside our bank + ours for TT-cover are for beneficiaries account. :48: within 21 days after the shipment date but within validity of Documentary Credit :49: WITHOUT :78: + PLS SEND DOCS IN TWO LOTS BY INT.L COURIER TO: BANCA MONTE PASCHI SPA SPA , VIA NICCOLO' DALL'ARCA 22 - UFFICIO ESTERO 70122 BARI (BA) ITALY + REIMBURSEMET INSTRUCTIONS: UPON RECEIPT OF ALL DOCUMENTS COMPLYING WITH THE TERMS OF THE CREDIT, VALUE MATURITY DATE WE'LL PAY THE PRESENTING BANK AS PER THEIR INSTRUCTIONS. :57D: KOREA EXCHANGE BANK BEOMGYE STATION BRANCH 1043, HOGYE-DONG, DONGAN-GU, ANYANG-SI GYEONGGI-DO, KOREA :72: + Pls acknowledge receipt by MT730. + Pls advise urgently beneficiary: ACCOUNT NO. 650-007467-283 -
