国际结算信用证练习

1. Put×in relative check box of the following sentences orfill the blanks to issue an

Irrevocable unconfirmed documentary credit which is to expire on or before 30 June, 2000×and is available with the advising bank, the Industrial and Commercial Bank

of China. Shanghai by deferred payment at 30days after presentation of documents against the documents.

(1) In Irevocable Documentary Credit Form

We request you to advise beneficiary:

①□without adding your confirmation。

②□adding your confirmation。

③□adding your confirmation if requested by the beneficiary。

(2) In Notificat0n of Irrevocable Documentary Credit Form

①□This notification and the enclosed advice are sent to you without any engagement on our part。

②□As requested by the issuing bank, we hereby add our confirmation to this credit in accordance with the stipulations under UCP500 Article 9。

(3)In Irrevocable Documentary Credit Form(Advice for the beneficiary)

Expiry date and place for presentation of documents

expiry date:

place for presentation:

credit available with

①□by payment at sight

②□by defeered payment at

③□by acceptance of draft(s) at

④□by negotiat

against the documents detailed herein

⑤□and beneficiary’s draft (s) drawn on

P1ease examine the above L/C and answer the following questions: 1) The documentary credit shou1d be advised as:

(1)□Revocab1e

(2)□Irrevocable

(3)□Revocab1e Transferable

(4)□Irrevocable Transferable

2) All of the following documentary credit terms and conditions under UCP may be

disregarded except:

(1)□divisib1e

(2)□fractionable

(3)□adding your confirmation

(4)□issued by a competent authority.

3)Which of the following Bill of Lading “shipped on board”dates would be acceptabIe for the first shipment?

1. 17April,

2. 20April。

3. 25Apri1。

4. 02 May.

(1) □3only?

(2) □3 and 4 on1y.

(3) □2, 3 and 4 on1y.

(4) □1, 2, 3and 4.

4)Under the terms of the documentary credit, your bank may accept Quality Certiflcate issued by

1. App1icant,

2. Beneficiary,

3. third party manufacturer,

4.third party inspection company.

(1) □1 and 2 only.

(2) □2 and 3 only.

(3) □1, 2 and 4 on1y,

(4) □1, 3 and 4 on1y,

5) Before confirming the documentary Credt, your bank shou1d obtain an amendment to the following terms and conditions?

(1) □drawee party

(2) □shipment period

(3) □presentation period

(4) □form of documentary credit