ITA 403-1101 LC Checklist and Amendment Request

ITA 403-1101 LC - New West Tools L/C Checklist Buyer_Lucky Trg HKG Sales Contract_NWT/LT-110105 Sales Order_NA L/C_HSBCHK-2345678 Issuing

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New West Tools L/C Checklist Buyer _ Lucky Trg, HKG _ Sales Contract #_ NWT/LT-110105 _ Sales Order #__ NA __ L/C# _ HSBCHK-2345678 _ Issuing Bank _ HSBC,HKG __ Adv.Bank_ UBC, NY _ Item OK/NO Correction Required Action 1. Is the L/C authenticated by Advising Bank? Y 2. Does the L/C comply with UCP 600? Y 3. Is the L/C irrevocable? Y 4. No 1000 Oak Street Amend 5. Y 6. Is the L/C confirmed? NA 7. Is the latest shipping date acceptable? Y 8. Are the goods described correctly? Y 9. Y 10. Is the unit price as agreed? Y 11. Is the shipping point as agreed? No Any US Port Amend 12. Is the destination point as agreed? Y 13. Is the insurance as agreed? Y 14. Is the amount of the credit as agreed? No About USD.89194.00 Amend 15. Is the currency of the credit as agreed? Y 16. Amounts in words and numbers match? Y 17. Is negotiation open to any bank? Y 18. Is the nominated bank acceptable?.
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This note was uploaded on 08/16/2011 for the course ITS 403 taught by Professor Dz during the Spring '10 term at Seneca.

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ITA 403-1101 LC - New West Tools L/C Checklist Buyer_Lucky Trg HKG Sales Contract_NWT/LT-110105 Sales Order_NA L/C_HSBCHK-2345678 Issuing

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