Irrevocable documentary credit application form

Applicant:
Savage Steel plc
Salwa Road
Doha

Issuing bank:
QIB Bank plc
Doha

Date of Application: 1 Dec 2023

Expiry Date and Place for Presentation of

Documents

Issue by (air) Mail with brief advice by

Teletransmission

Expiry Date: 14 Dec 2023

Place for Presentation: Egypt

Issue by tele transmission

Beneficiary: United Supplies , Cairo

Confirmation of the Credit:

not requested / requested
authorized if requested by Beneficiary

Amount in figures and words

About USD/Euros 120,000.00
Dollars/Euros one hundred and twenty thousand

Partial shipments allowed not allowed Credit available with Nominated Bank chosen by
beneficiary
 90 % at sight by payment at sight 10% after final release of goods from customs at
destination

by deferred payment at:

by acceptance of drafts at:
by negotiation

Transshipments allowed not allowed

Insurance will be covered by us

Shipment From: Cairo Egypt by sea

For transportation to: Doha . Qatar
Not later than: 24 May 2024

Against the documents detailed herein:

Beneficiary’s drafts(s) drawn on: ABC
Bank, London

Goods (Brief description without excessive details):

1,200m at USD 100 per m
Details of goods as per your previous Letter of Credit ref
DC 731264 dated 10 January XX (copy attached)

INCOTERMS

CFR

Commercial invoice in [ 1 ] original and [ 44 ] copies

Transport Document: (select only one below) marked freight paid or freight collect
2/3 clean on board Non-negotiable Sea Waybill showing consignee QIB , Doha the party
below.

Notify Party (complete only if required): Savage Steel plc, Tilton Road, Birmingham,
England
Insurance Document

Certificate (select one) in negotiable form for invoice value plus a minimum of [ 90%]
covering the following risks:

All Risks excluding surface rust

Other Documents: (select as applicable)

Packing List in [ 1 ] original and [ 3 ] copies

Weight List in [ 1 ] original and [ 3 ] copies

Certificate of [ USA ] Origin in [ 1 ] original and [ 3 ] copies

Inspection Certificate in [ 1 ] original and [ 3 ] copies
Health Certificate in [ 1 ] original and [ 3 ] copies

Documents to be presented within [ 23 ] days of shipment.

Additional Instructions:
One original transport document to be sent direct to:
Savage Steel plc
Tilton Road
Birmingham
England

Inspection certificate to be issued and signed by an

independent inspection agency.

This Credit will

be subject to the Uniform Customs and
Practice for Documentary credits (2007)
Revision Publication No. 600 of the
International Chamber of Commerce, Paris,
France), insofar as they are applicable.