This document is an application for an irrevocable documentary credit between Argentina Trade as the applicant, Banco Argentino as the issuing bank, and Iberica S.A. as the beneficiary. It requests Banco Argentino to issue a $2 million EUR credit, available by payment at sight, for the shipment of about 20 containers of ceramic material from Valencia, Spain to Buenos Aires, Argentina by May 20th, with documents to be presented within 15 days of shipment but within the validity of the credit.
This document is an application for an irrevocable documentary credit between Argentina Trade as the applicant, Banco Argentino as the issuing bank, and Iberica S.A. as the beneficiary. It requests Banco Argentino to issue a $2 million EUR credit, available by payment at sight, for the shipment of about 20 containers of ceramic material from Valencia, Spain to Buenos Aires, Argentina by May 20th, with documents to be presented within 15 days of shipment but within the validity of the credit.
This document is an application for an irrevocable documentary credit between Argentina Trade as the applicant, Banco Argentino as the issuing bank, and Iberica S.A. as the beneficiary. It requests Banco Argentino to issue a $2 million EUR credit, available by payment at sight, for the shipment of about 20 containers of ceramic material from Valencia, Spain to Buenos Aires, Argentina by May 20th, with documents to be presented within 15 days of shipment but within the validity of the credit.
Buenos Aires (Argentina) Address: C/ Italia, 22 Buenos Aires (Argentina) Expiry date and place for presentation of documents (4) Expiry date: 20 de junio Telephone/Fax: 673241 / 673212 Place for presentation: Cajas del banco español C/ Mayor, 23 Madrid (España) Date of application: (3) Buenos Aires, 10 de mayo Beneficiary: (5) Iberica, S.A [] Issue by (air) mail [] with brief advice by teletransmission (6,7) Address: C/ Gran Vía, 200 Madrid (España) [x] Issue by teletransmission (8) (see art, 11 UCP 600) [] Transferable credit-as per (9) (see art. 38 UCP 600) Telephone/Fax: 91370543 / 91370463 Confirmation of the credit: (10) Amount in figures and words (please use ISO [] requested [x] not requested [] may add currency codes) (11)about 2.000.000 (dos millones EUR) Transshipments: [] allowed [x] not allowed (13) Credit available with nominated bank: (12) Partial Shipments: [] allowed [x] not allowed (14) Banco Español (Please refer to UCP 600 transport articles for exceptions) [x] By payment at sight [] Insurance will be covered by us (15) [] By deferred payment at: [] By acceptance ofdrafts at: Shipment (as defined in art. 3 UCP 600) (16) [] By negotiation From: Valencia (España) Against the documents detailed herein: For transportation to: Buenos Aires (Argentina) No later than: 20 de Mayo And beneficiary`s draft(s) drawn on: Goods: ( Brief description without excessive details (17) Terms: (INCOTERMS 2020 CCI) (18) About 20 Contenedores material cerámico REF: 320 A CIF: Puerto Buenos Aires (Argentina) Comercial invoice [1] signed, original and [2] copies (19-23) Transport document: [] Multimodal transport document, covering at least two different modes of transport [x] Marine/Ocean bill of lading covering a port-to-port shipment [] Non-negatiable sea waybill covering a port-to-port shipment [] Air waybill, original for the consignor. [] Other transport document: [x] To the order of: Banco Argentino [] Endorsed in blank. [] Marked freight: [] prepaid [] payable al destination Insurance documents: [x] Police [] Certificate [] Covering the follow risk Certificates: [] Origin: [] Analysis [x] Other: Certificado de calidad: Analistas de mercancías, S.A. Other documents: [] Packing list: [] Weight list: Documents to be presented within: [15] days after the date of shipment but within the validity of credit. (24) Additional Instructions: (25) We reques you to issue on our behalf and for our account your irrevocable credit in accordance with the above instructions (marked x where appropiate).This credit wil be subject to the Uniform Customs Todos los gastos y comisiones fuera de Argentina and Practice for Documentary Credit (UCP 600) (26-27) por cuanta de los vendedores Argentina Trade