1 TF DEMO KUNDE TESTVEJ 3 TESTSTRUP 19. MARTS 2001 HANS HANSEN Telefon 33 33 33 33 Dear Sirs Advice of Documentary Credit - our Documentary Credit no. 130-11-0024280-3 _________________________________________________________________ Documentary credit amount: DKK 5,00 Confirmed by us: DKK 5,00 Applicant: CLOTHING COMPANY LTD Expiry date: 19. May 2002 Place of expiry: DENMARK Issuing Banks ref. no.: 10395 Issuing Bank: BANK OF TAIWAN TAIWAN _________________________________________________________________ The Documentary Credit is available by payment at our counters We have Confirmed this Documnetary Credit. We undertade to honour documents which are presented to us within the expiry date, and which conform with the terms and conditions of this Documentary Credit. As per your instructions we have advised this Documentary Credit as a D/C+ Documentary Credit. D/C+ Commision Dkk 2.00 Confirmation fee Dkk 1.00 Debited your account Dkk 2.00 Account no 9630 258 741 Value 19 Marts 2001 It is not necessary to present the draft called for in the Documentary Credit. The Documentary Credit states that payment will be received a number of days (mentioned n the D/C) after our aproval of your documents. Therefore, interest will be deducted for the expected periode until payment is received by us, unless you inform us that you wish to wait with payment. An export Documentary Credit xovering letter can be copleted and printed from www.nordea.com/tradefinance SETTELMENT OF THE DOCUMENTARY CREDIT AMOUNT IN FOREIGN CURRENCY WILL BE EFFECTED AT OUR BUYERS RATE OF EXCHANGE BASED ON A RECOMENDED RATE OF EXCHANGE SET BY DANMARKS NATIONAL BANK WITH REGARD TO AMUNTS OF DKK 3 M. OR MORE SETTLEMENT WILL BE EFFECTED AT A FIXED RATE IN CASE OF A FIXED RATE AGREEMENT WITH OYR FOREIGN EXCHANGE DEPARTMENT PLEASE INFORM US ACCORDINGLY OTHERWISE WE SHALL ARRANGE FOR THE FIXED RATE ON YOUR BEHALF. PLEASE INFORM US IN WRITTING AT TIME OF PRESENTATION OF DOCUMENTS. IF THE AMOUNT IS TO BE USED TO COVER FORWAED CONTRACT OF IS TO BE CREDITED AFOREIGN CURRENCY ACCOUNT. THE DOCUMENTARY CREDIT IS SUBJECT TO THE ICC UNFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (ICC'S PUBLICATION NO 500, 1993 REVISION) WE ARE ONLY AUTHORIZED TO HONOUR DOCUMENTS THAT CONFORM TO THE TERMS AND CONDITIONS OF THE C/C PLEASE CAREFULLY EXAMINE THE DOCUMENTARY CREDIT IN ORDER TO ASCERTAIN THAT YOU CAN FULFIL ALL THE CONDITIONS. IF YOU NEED AMENDMENTS TO THE LETTER OF CREDIT, PLEASE CONTACT YOUR CUSTOMER. AT TIME OF PRESENTATION OF THE DOCUMENTS PLEASE ALSO RETURN TO US THIS LETTER. THE DOCUMENTARY CREDIT AND ANY AMENDMENTS FOR ENDORSMENT. THE REGISTRATIONS FORM TO DENMARKS NATIONAL BANK IS ALSO TO BE RETURNED IF THE PRESENTED DOCUMENTS ARE FOR AN ANMOUNT IN EXECESS OF DKK 2,000,000.00 OR THE EQUIVALENT THERE OF. DO NOT HESITATE TO CONTACT US SHOULD YOU HAVE ANY FURTHER QUESTIONS IN CONNECTION WITH THIS DOCUMENTARY CREDIT. Yours faithfully
SETTELMENT OF THE DOCUMENTARY CREDIT AMOUNT IN FOREIGN CURRENCY WILL BE EFFECTED AT OUR BUYERS RATE OF EXCHANGE BASED ON A RECOMENDED RATE OF EXCHANGE SET BY DANMARKS NATIONAL BANK WITH REGARD TO AMUNTS OF DKK 3 M. OR MORE SETTLEMENT WILL BE EFFECTED AT A FIXED RATE IN CASE OF A FIXED RATE AGREEMENT WITH OYR FOREIGN EXCHANGE DEPARTMENT PLEASE INFORM US ACCORDINGLY OTHERWISE WE SHALL ARRANGE FOR THE FIXED RATE ON YOUR BEHALF. PLEASE INFORM US IN WRITTING AT TIME OF PRESENTATION OF DOCUMENTS. IF THE AMOUNT IS TO BE USED TO COVER FORWAED CONTRACT OF IS TO BE CREDITED AFOREIGN CURRENCY ACCOUNT. THE DOCUMENTARY CREDIT IS SUBJECT TO THE ICC UNFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS (ICC'S PUBLICATION NO 500, 1993 REVISION) WE ARE ONLY AUTHORIZED TO HONOUR DOCUMENTS THAT CONFORM TO THE TERMS AND CONDITIONS OF THE C/C PLEASE CAREFULLY EXAMINE THE DOCUMENTARY CREDIT IN ORDER TO ASCERTAIN THAT YOU CAN FULFIL ALL THE CONDITIONS. IF YOU NEED AMENDMENTS TO THE LETTER OF CREDIT, PLEASE CONTACT YOUR CUSTOMER. AT TIME OF PRESENTATION OF THE DOCUMENTS PLEASE ALSO RETURN TO US THIS LETTER. THE DOCUMENTARY CREDIT AND ANY AMENDMENTS FOR ENDORSMENT. THE REGISTRATIONS FORM TO DENMARKS NATIONAL BANK IS ALSO TO BE RETURNED IF THE PRESENTED DOCUMENTS ARE FOR AN ANMOUNT IN EXECESS OF DKK 2,000,000.00 OR THE EQUIVALENT THERE OF. DO NOT HESITATE TO CONTACT US SHOULD YOU HAVE ANY FURTHER QUESTIONS IN CONNECTION WITH THIS DOCUMENTARY CREDIT.
Nordea
