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F 104xLC Opening Form

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kalingarajgaming
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17 views4 pages

F 104xLC Opening Form

Uploaded by

kalingarajgaming
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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To Irrevocable Documentary Credit

Indian Overseas Bank Application (F 104x)


……………………… Branch
Date of Application
APPLICANT Branch Manager’s/First Line
Manager’s Remarks and approval

ADVISING BANK : Expiry date and place for


presentation of documents
Expiry Date

Place for presentation

 Issue by (air) mail BENEFICIARY


 with brief advice by tele-transmission(see
UCP 500 Article 11)
Issue by tele-transmission (see UCP 500
Article 11)
 Transferable Credit as per UCP 600
Article 38

Confirmation of the Credit : Amount in figures and words


 not requested  requested (Please use ISO currency codes)
 authorised if requested by beneficiary

Partial Shipments  allowed  not allowed Credit available with Nominated


Bank
Transhipment  allowed  not allowed  by payment at sight
 by deferred payment at
Please refer to UCP 600 Transport Articles  by acceptance of drafts at
for exceptions to this condition.  by negotiation

 Insurance will be covered by us Against the documents detailed


herein:
Shipment as defined in UCP 600 Article  and Beneficiary’s draft(s)
From : drawn on :
For transportation to :
Not later than :
Goods (Brief description without excessive Terms :
details - see UCP 600 Article )
 FAS  CIF

 FOB  Other Terms

 GFR  as per INCOTERMS


F-104-X

- F 104 x 1
 Signed commercial invoice, original plus  copies, invoice should indicate
import Licence No ……....… dated .………… and certify that goods are as
per Order / Indent / Contract No …………………………..…..… dated …..……
 Full set of Multimodal Transport document covering atleast two different
modes of transport.
 Full set clean on board Marine/Ocean Bills of Lading covering port to port
shipment
 Airway Bill (original for the consignor) indicating Flight Number and date
 Third party transport document not acceptable.
 Transport document to the order of Indian Overseas Bank
 Freight prepaid  Freight payable at destination
 Notify party ……………………………………………………………………….
 Transport documents must not be dated prior to the date of this credit.
 Short form/blank back transport documents are not acceptable.
 In the case of despatch by post or courier  Courier Receipt  Postal Receipt
 INSURANCE DOCUMENT
Insurance policy issued to the beneficiary and blank endorsed for full invoice
value plus ………. % in the currency of the credit with claim payable in India.
 Covering in the case of Covering in the case of
carriage by sea despatch by air
Institute Cargo Clauses (Air) Institute Cargo Clauses (Air)
Institute War Clauses (Cargo) Institute War Clauses (Air cargo)
Institute Strike Clauses (Air cargo)

 Insurance covered by me/us & relative cover note, policy or certificate of


insurance enclosed.
 A certificate from the beneficiary that they have faxed/telexed, immediately on
shipment/ despatch to ……………………………………………………………
quoting insurance policy No ………………… dated ………………………
Fax No. Telex No.

(Name & address of the insurance company)

quoting Insurance Policy No. ……... dated ……. with details of shipment asunder
In case of carriage by sea In the case of despatch by Air
1. Name of the carrier 1. Name of the carrier
2. Name of vessel 2. Flight Number & Date
3. Bill of lading number & date of issue 3. Airport of departure
4. Port of shipment/place of taking in charge 4. Airport of destination
5. Port of discharge/place of final destination 5. Commodity
6. Commodity

F-104-X

- F 104 x 2
CERTIFICATES:

 Certificate from Lloyds surveyor that the carrying vessel is a conference vessel on Lloyds
classification and that the vessel is not more than 25 years old.
 Certificate issued by ……………………………………………………….. ....... to the effect
that the carrying vessel is a conference vessel and is registered with an approved
classification society as per the institute classification clause and class maintained
equivalent to Lloyds 100A 1 and the vessel is not more than 25 years old.
 Pre-shipment inspection certificate issued by Societe Generate De Survelliance S.A.
Geneva or their local accredited representatives ……………………certifying
…………………………………………………

(1) that goods conform to specification in indent/order/contract No. …………………..


dated ………………… of…………
(2) that the carrying vessel called at the port of loading indicated in the bill of lading,
presented and that the merchandise indicated in the bill of lading have actually
been loaded on board the carrying vessel.
(3) that the carrying vessel is not more than 25 years old.

 Transport documents must not indicate the place of final destination as being different from
the port of discharge. (This will not apply in the case of multimodal transport document).
 Invoices for amounts in excess of amounts drawn under the credit are not acceptable.
 All bank charges outside India are for  applicants  beneficiary’s account. If refused by
beneficiary the charges are for our account.
 Certificate of ………………………………………… origin in duplicate issued by a chamber of
Commerce or attested by a Chamber of commerce.
 Analysis certificate issued by ________________ certifying that __________________

 Chemical Analysis Certificate issued by ____________ certifying that _____________


 Health certificate issued by ______________ certifying that_____________________
 Others (specify)

OTHER DOCUMENTS:
 Packing List  Weight List  Measurement List

Documents are to be presented for PAYMENT/ACCEPTANCE/ NEGOTIATION


within…………………… days after the date of issuance of transport documents but within the
validity of the credit. All documents unless otherwise indicated must be atleast in DUPLICATE.
The number and date of the credit and the name of your bank should be mentioned on all drafts
if called for. The original documents should be sent to you by COURIER/ REGISTERED
AIRMAIL and the rest of the documents by the next Registered Airmail.

- F 104 x 3
This credit may be notified to the beneficiary by your branch/ agent/
correspondent.

 Without adding their confirmation  Adding their confirmation


 and authorise them to add their conformation, if requested by the
beneficiary.
 I/We confirm that the goods described above are not covered by the
Negative List of Imports.
 We confirm that the goods are covered by the import licence
No…………… dated ……….. and the Exchange control copy of this
licence is enclosed.

I/We enclose for your perusal :


(1) Order together with the order confirmation of overseas supplier OR
(2) Proforma invoice of overseas supplier duly countersigned by us OR
(3) Indent/Offer from overseas supplier or his authorised agent duly
accepted by us.
We request you to issue on our behalf and for our account your irrevocable
Credit in accordance with the above instructions (marked (x) where
appropriate). This credit will be subject to the Uniform Customs and Practice
for Documentary Credits (1993 Revision, Publication No. 600 of the
International Chamber of Commerce, Paris, France) insofar as they are
applicable.

Authority and signature verified Authorised Signatory

Senior Manager, Importer’s


Indian Overseas Bank Code No.

(Delete inappropriate)

F-104 X

- F 104 x 4

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