MT700 : Reciever Bank: KREDBEVV022

BIC :

27 :Sequence of Total
1/1

40A :Form of Documentary Credit

IRREVOCABLE

20 :Documentary Credit Number

DFA

31C :Date of Issue

240902

40E :Applicable Rules

UCP LATEST VERSION

31D :Date and Place of Expiry

241126 AT BELGIUM

50 :Applicant
HASSAN LEATHER INDUSTRIES
10.5 KM SHEIKHUPURA ROAD,
LAHORE, PAKISTAN

59 :
TRICON DRY CHEMICALS LLC
1500 POST OAK BOULEVARD 18TH FLOOR
HOUSTON TEXAS 77056 UNITED
STATES

32B :Currency Code,Amount

USD77500,

ADD
ADD TOLERANCE 39A: +/-5%

41D :
BY NEGOTIATION REMOVE

ANY BANK IN BELGIUM

 ADD

KREDBEBB022

KBC BANK NV, BELGIUM

BY NEGOTIATION

42C :Drafts at ...

SIGHT

42D :
BANK AL HABIB LIMITED PAKISTAN

43P :Partial Shipments

ALLOWED

43T :Transhipment
ALLOWED

44E :Port of Loading / Airport of Departure

ANY SEAPORT OF USA

44F :Port of Discharge / Airport of Destination

KARACHI SEAPORT - PAKISTAN
CORRECT
KARACHI/ PORT QASIM,PAKISTAN

44C :Latest Date of Shipment

241105

45A :Description of Goods and/or Services

PVC WESTLAKE 1091/OXY 225P/F622 CORRECT
(WESTLAKE 1091/OXY225P/F622)
QUANTITY: 100.00 MT
AT THE RATE OF USD 775.00 PER MT
.
SPECIFICATIONS AND FURTHER DETAILS ARE AS PER
BENEFICIARY'S PROFORMA INVOICE NO. 20065119
DATED AUGP AUG 23, 2024 CORRECT
.
CFR KARACHI SEAPORT – PAKISTAN CFR KARACHI / PORT QASIM, PAKISTAN (INCOTERMS : 2020)

46A :Documents Required CORRECT

1) BENEFICIARY'S SIGNED COMMERCIAL INVOICE IN OCTUPLICATE
CERTIFYING MERCHANDISE ARE OF USA ORIGIN
 MENTIONING H.S.CODE NO.3904.1090
2)FULL SET OF CLEAN SHIPPED ON BOARD MARINE/OCEAN BILLS OF
LADING MADE OUT TO THE ORDER OF BANK AL HABIB LTD., PAKISTAN
SHOWING FREIGHT PREPAID MARKED NOTIFY THE APPLICANT AND BANK
AL HABIB LTD., PAKISTAN. BILL OF LADING MUST SHOW:
(A) NAME, FULL ADDRESS, TELEPHONE AND FAX NUMBER REMOVE
OF THE CARRIERS AGENTS AT THE PORT OF DESTINATION
(B) CONTAINER NO. SEAL NUMBER AND VESSEL IMO NUMBER

3)CERTIFICATE FROM SHIPPING COMPANY OR THEIR AUTHORIZED

AGENTS STATING THAT THE CARRYING VESSEL IS:
(I) COVERED UNDER INSTITUTE CLASSIFICATION CLAUSE DELETE
(II) OWNED BY COMPANIES OPERATING IN ACCORDANCE WITH
PAKISTANI MARITIME RULES AND PORT REGULATIONS.
THIS CERTIFICATE MUST ALSO SHOW THE APPROXIMATE DATE OF ARRIVAL
OF VESSEL AT PORT OF DESTINATION AND NAME OF CARRYING VESSEL.
RRECT 4)INSURANCE COVERED BY THE APPLICANT. ALL SHIPMENT DETAILS
UNDER THIS CREDIT MUST BE ADVISED BY THE BENEFICIARY WITHIN
FOUR FIFTEEN WORKING DAYS AFTER SHIPMENT DIRECT TO HABIB INSURANCE
COMPANY LIMITED, GROUND FLOOR, AL-NOOR BUILDING, 43 BANK
SQUARE, LAHORE, PAKISTAN BY EMAIL AT:
XXXXXXX AND TO THE APPLICANT BY
EMAIL AT:XXXXX REFERRING TO THEIR COVER
NOTE NO. XXXXXXXXXXXXX
MENTIONING THE DETAIL OF SHIPMENT AND VALUE OF INVOICE.
COPIES OF SUCH SHIPMENT ADVICES ALONGWITH BOTH COPIES
DELETE
OF EMAIL MUST ACCOMPANY THE DOCUMENTS.
5)CERTIFICATE ISSUED BY SHIPPING COMPANY OR THEIR AUTHORISED
DELETE
AGENTS CERTIFYING THAT THE BILL OF LADING IS ISSUED DIRECTLY BY
THEM AND NO INTERMEDIARY OR ENDORSING AGENT IS INVOLVED FOR
ISSUANCE OF DELIVERY ORDER AT PORT OF DESTINATION.
THIS CERTIFICATE MUST SHOW BILL OF LADING NUMBER, NAME OF VESSEL
AND NAME OF APPLICANT
6)PACKING LIST IN TRIPLICATE.
7)IN CASE OF FCL CARGO THEN:
++++++++++++++++++++++++++++
.
BENEFICIARY'S CERTIFICATE REQUIRED AS PER THE FOLLOWING
FORMAT
''WE CERTIFY HAVING MADE ARRANGEMENTS WITH THE CARRIER
TO PLACE A COPY OF INVOICE AND PACKING LIST ON INNER SIDE
OF THE DOOR OF EACH CONTAINER CARRYING DETAILS OF
GOODS INSIDE IT''
8)CERTIFICATE OF ORIGIN IN 1 ORIGINAL PLUS 1 COPY ISSUED / REMOVE
 CERTIFIED BY CHAMBER OF COMMERCE IN THE COUNTRY OF EXPORTER, REMOVE
CERTIFYING THAT GOODS ARE OF USA ORIGIN,
SHOWING THE NAME AND FULL ADDRESS OF THE MANUFACTURERS
OR PRODUCERS OR EXPORTERS AND EXPORTING COUNTRY. ADD
CERTIFICAT OF ORIGIN REQURIED WITH SHIPPING DOCUMENTS.

CERTIFICATE OF ANALYSIS REQUIRED ADD

47A :Additional Conditions

1)DOCUMENTS DATED PRIOR TO DATE OF ISSUANCE OF THIS LC NOT
ACCEPTABLE.
2)DRAFTS AND ALL OTHER DOCUMENTS MUST SHOW OUR DOCUMENTARY
CREDIT NUMBER, DATE AND NAME OF L/C ISSUING BANK (BANK AL
HABIB LIMITED,PAKISTAN).
3)CHARTER PARTY, SHORT FORM, BLANK BACK, FREIGHT FORWARDER'S
AND HOUSE B/L NOT ACCEPTABLE. B/L SHOWING SHIPPER OTHER
THAN BENEFICIARY NOT ACCEPTABLE.
4)NEGOTIATION UNDER RESERVE/GUARANTEE NOT ALLOWED.
5)ALL DOCUMENTS MUST BE DATED AND MADE OUT IN ENGLISH LANGUAGE
6)ANY OVERWRITING, ALTERATION AND ADDITIONS IN DOCUMENTS MUST BE
AUTHENTICATED BY THE ISSUING AUTHORITY BEARING THEIR RUBBER STAMP
7)NEGOTIATING BANK MUST CERTIFY ON THEIR DOCUMENTS FORWARDING
SCHEDULE THAT ALL THEIR CHARGES AND ALL CHARGES OF THE ADVISING
BANK ARE PAID BY THE BENEFICIARY.
8)USD 105/- DISCREPANCY CHARGES WILL BE DEDUCTED INCASE OF
DOCUMENTS CONTAIN DISCREPANCY.
9) ON THE DATE OF NEGOTIATION, THE NEGOTIATING DELETE
BANK MUST ADVISE US VIA AUTHENTICATED SWIFT
ON BAHLPKKACPU, STATING THE AMOUNT OF NEGOTIATION,
BILL OF LADING NUMBER, NAME OF CARRIER, COURIER
COMPANY NAME AND RECEIPT NO, NAMES OF THE VESSEL,
VOYAGE NUMBER, DATE OF SHIPMENT, PORT
OF LOADING AND PORT OF DISCHARGE, CONTAINER NUMBER,
SEAL NUMBER AND DATE OF DISPATCH OF DOCUMENTS. COPY
OF SUCH SWIFT MESSAGE MUST ACCOMPANY WITH ORIGINAL
SET OF DOCUMENTS. ADD
10)INVOICES EXCEEDING THIS CREDIT AMOUNT NOT ACCEPTABLE.

PLUS/MINUS 5 PCT TOLERANCE IS ALLOWED IN QUANTITY AND TOTAL AMOUNT ADD

THIRD PARTY DOCUMENTS ARE ALLOWED EXCEPT INVOICE AND DRAFT.
11)PRESENTATION OF FREIGHT FORWARDER'S BILL OF LADING (I.E. BILLS
OF LADING SIGNED IN THE CAPACITY OF FREIGHT FORWARDER) OR BILLS
OF LADING SHOWING WORDS LIKE FIATA OR HAVING ANY REFERENCE OF
ISSUER BEING A FREIGHT FORWARDER OR STATED TO BE ISSUED BY A
 NON- VESSEL OPERATING CARRIER COMPANY IS NOT ACCEPTABLE.
12)THE NAME OF THE SHIPPER OR CONSIGNOR OF THE GOODS
APPEARING ON BILL OF LADING/ ANY DOCUMENTS MUST NOT BE
OTHER THAN THE BENEFICIARY.
.
+NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THE
APPLICABLE ICC RULES OR IN THIS UNDERTAKING, WE DISCLAIM
LIABILITY FOR DELAY, NON-RETURN OF DOCUMENTS, NON-PAYMENT,
OR OTHER ACTION OR INACTION COMPELLED BY RESTRICTIVE
MEASURES, COUNTER-MEASURES OR SANCTIONS LAWS OR ADD
REGULATIONS MANDATORILY APPLICABLE TO US OR TO OUR
CORRESPONDENT BANKS IN THE RELEVANT TRANSACTION.

ADD BELOW CLAUSES

1) “ ALL DISCREPANCIES IN THE DOCUMENTS ARE ACCEPTABLE EXCEPT FOR ITEM NAME,
QUANTITY, UNIT PRICE, APPLICANT NAME AND TOTAL AMOUNT”
2) “ ALL APPARENT SPELLING ERRORS ACCEPTABLE, EXCEPT FOR ITEM NAME,
QUANTITY, UNIT PRICE, APPLICANT NAME AND TOTAL AMOUNT”

71D :Charges
ALL BANK CHARGES OUTSIDE PAKISTAN
INCLUDING COURIER
AND REIMBURSING BANK CHARGES ARE
ON BENEFICIARY'S ACCOUNT.
48 :Period for Presentation in Days
21/ 30 FRM SHIPMENT DATE BUT WITHIN EXPIRY
CORRECT
49 :Confirmation Instructions
WITHOUT

78 :Instructions to the Paying

+WE HEREBY ENGAGE WITH DRAWERS AND/OR BONAFIDE HOLDERS THAT
DRAFTS DRAWN AND NEGOTIATED IN CONFORMITY WITH THE TERMS OF THIS
CREDIT WILL BE DULY HONOURED ON DUE DATE.+THE AMOUNT OF EACH
DRAFT MUST BE ENDORSED ON THE REVERSE OF THIS CREDIT BY
NEGOTIATING BANK. +DOCUMENTS MUST BE SENT THROUGH COURIER TO
BANK AL-HABIB LTD., TECHNO CITY, 09TH
FLOOR, CORPORATE TOWER, HASRAT MOHANI ROAD, KARACHI-74000,
PAKISTAN IN 1 LOT BY COURIER AT BENEFICIARY'S COST
+WE SHALL REMIT THE PROCEEDS AT MATURITY AS INSTRUCTED BY THE
NEGOTIATING BANK. IN CASE MATURITY FALLS ON HOLIDAY, MATURITY
WILL BE TREATED ON NEXT WORKING DAY
72Z :Sender to Receiver Information
/ACKNOWLG/
//ADVISE BENEFICIARY BY PHONE / FAX
//ACKNOWLEDGE RECEIPT BY SWIFT