修改信用证实训

信用证实训

一、根据下列合同审核并修改信用证

SALES CONFIRMATION

S/C NO.:SPT-211 DATE: Jan.8, 2015

The Seller: SHANGHAI SPORTING GOODS IMP. & EXP. CORP

Address: 215 HUQIU ROAD SHANGHAI CHINA

The Buyer: PETRRCO INTERNATIONAL TRADING CO.

Address: 1100 SHEPPARD AVENUE EAST SUITE406

PORT OF LOADING AND DESTINATION: From Shanghai to Vancouver with transshipment and partial shipment allowed.

TIME OF SHIPMENT: During Mar. 2015

TERMS OF PAYMENT: The buyer shall open through a bank acceptable to the seller an irrevocable letter of credit at sight to reach the seller 30 days before the month of shipment valid for negotiation in Vancouver until the 15th day after the date of shipment.

INSURANCE: To be covered by the seller for 110% of the invoice value against All Risks and War Risks as per the relevant ocean marine cargo clauses of the People’s Insurance Company of China dated 01/01/1981.

REMARKS:

1.The Buyer shall have the covering letter of credit reach the seller 30 days before shipment, falling which the Seller reserves the right to rescind without further notice, or to regard as still valid whole or any part of this contract not fulfilled by the Buyer, or to lodge a claim for losses thus sustained, if any.

2.In case of any discrepancy in Quality/Quantity, claim should be filed by the Buyer within 130 days after the arrival of the goods at port of destination; while for quantity discrepancy, claim should be filed by the Buyer within 150 days after the arrival of the goods at port of destination.

3.For transactions concluded on C.I.F. basis, it is understood that the insurance amount will be for 110% of the invoice value against the risks specified in the Sales Confirmation. If additional insurance amount or coverage required, the Buyer must have the consent of the Seller before Shipment, and the additional premium is to be borne by the Buyer.

4.The Seller shall not hold liable for non-delivery or delay in delivery of the entire lot or a portion of the goods hereunder by reason of natural disasters, war or other causes of Force Majeure. However, the Seller shall notify the Buyer as soon as possible and furnish the Buyer within 15 days by registered airmail with a certificate issued by the China Council for the Promotion of International Trade attesting such event(S).

5.All disputes arising out of the performance of, or relating to this contract, shall be settled through negotiation. In case no settlement can be reached through negotiation, the case shall arbitration in

accordance with its arbitral rules. The arbitration shall take place in Shanghai. The arbitral award is final and binding upon both parties.

6.The Buyer is requested to sign and return one copy of this contract immediately after receipt of the same. Objection, if any, should be accepted the terms and condition of this contract.

7.Special conditions (These shall prevail over all printed terms in case of any conflict.)

Confirmed by

THE SELLER THE BUYER

华海红 JONE

(Signature) (Signature)

信用证

OUR L/C NO.PIT310

JANUARY 30,2015

FROM:THE ROYAL BANK OF CANADA,BRITISH, COLUMBIA INTERNATIONAL CENTER,1055 WEST GEORGIA STREET,VANCOUVER ,B.C.V6E 3P3

TO: BANK OF CHINA, SHANGHAI BRANCH

BENEFICIARY: SHANGHAI SPORTING GOODS IMP.& EXP .CORP.

251 HUQIU ROAD, SHANGHAI CHINA

APPLICANT: PETRRCO INTERNATIONAL TRADING CO.

1100 SHEPPARD AVENUE EAST SUITE 406, WILLOWDALE ONTARIO , CANADA M2K 2W2

FOR USD 88,710.00(SAY U.S. DOLLARS EIGHTY EIGHT THOUSAND SEVEN HUNDRED AND TEN ONLY )TO EXPIRE ARRIL 15 TH 2015 IN OUR COUNTRY AVAILABLE BY NEGOTIATION OF YOUR DARFTS AT 30DAYS SIGHT FOR 100 PERCENT OF INVOICE VALUE DRAWN ON THE ROYAL BANK OF CANADA ACCOMPANIED FOLLOWING DOCUMENTS:

1、COMMERCIAL INVOICE IN QUADRUPLICATES INDICATING THE SALES CONTRACT NUMBER.

2、PACKING LIST/WEIGHT MEMO IN TRIPLICATE MENTIONING TOTAL NUMBER OF CARTONS, GROSS WEIGHT AND MEASUREMENTS PER EXPORT CARTON.

3、FULL SET OF CLEAN “ON BOARD ”OCEAN BILLS OF LADING MADE OUT TO ORDER MARKED “FREIGHT COLLECT” AND NOTIFY APPLICANT.

4、INSURANCE POLCIY OR CERTIFICATE IN DUPLICATE ENDORSED IN BLANK COVERING OCEAN MARIN CARGO CLAUSE ALL RISKS AND WAR RISKS FOR 100 PERCENT OF INVOICE VALUE AS PER CIC DATED 01/01/1981.

5、INSPECTION CERTIFICATE IN DUPLICATE ISSUED AND SIGNED BY AUTHORIZED PERSON OF APPLICANT WHOSE SIGNATURE MUST COMPLY WITH THAT HELD IN OUR BANK’S RECORD. COVERING:

2000 PCS GBW32 BASKETBALL US $16.95/PC 2000 PCS GBW322 FOOTBALL US$21.33/PC 1000 PCS ERV5 VOLLEYBALL US$12.15/PC

TERMS OF SHIPMENT CIF VANCOUVER FROM SHANGHAI CHINA TO VANCOUVER CANADA DURING MARCH 2015 GOODS TO BE PACKED IN WOODEN CASES AND CONTAINER SHIPMENT PREFERABLE. TRANSSHIPMENT PERMITTED AND PARTIAL SHIPMENT PROHIBITED. SHIPPING MARKS: PIT

VANCOUVER

NO.1-UP

ALL BANK CHARGES INCLUDING REIMBURSEMENT COMMISSION OUTSIDE CANADA ARE FOR ACCOUNT OF BENEFICIARY.

DOCUMENTS TO BE PRESENTED WITHIN 3 DAYS AFTER THE DATE OF ISSUANCE OF THE