1. ALL PAYMENTS SHALL BE EFFECTED TO THE SELLER ACCOUNT BY WIRELESS PAYMENT AFTER LOADING OF EACH SHIPMENT AGAINST THE REQUIRED DOCUMENTS FOR EACH SHIPMENT EFFECTED.
2. THE FIRST PAYMENT SHALL BE EFFECTED BY SWIFT MT700 (ADDENDUM 1) IN AMOUNT OF $000.000.000.usd (__________________ MILLIONS united states dollars) OF COVERING FOR FULL CONTRACT’S PAYABLE AGAINST THE ADVANCE PAYMENT GUARANTEE AT THE SELLER’S BANK.
3. THE ADVANCE PAYMENT GUARANTEE IS THE BANK GUARANTEE (BG) -103%, ISSUED BY SWIFT MT760 (ADDENDUM 2) IN THE NAME THE BUYER IN AMOUNT 000.000.000 USD (___________________________UNITED STATES DOLLARS).
4. THE ISSUING BANK SHALL ALLOW ADDING CONFIRMATION BY ANY BANK AT THE EXPENSE OF THE SELLER’S SIDE

PRODUCT DOCUMENTATION
1. Commercial Invoice – QUANTITY INVOICED IS AS SHOWN ON THE BILL OF LADING AS CERTIFIED BY independent SUVEYOR.
2. 3/3 ORIGINAL Ocean BillS of Lading marked “Freight Prepaid” and “Clean on Board” issued to the order of “as per terms” and consigned to “as per terms”.
3. Certification of Weight Quantity and Quality issued by SGS OR.
4. Certificate of country of Origin issued by and endorsed by the Chamber of Commerce and Industry country of origin or Department of Trade or Ministry of Industry as defined in “clause 01”.
5. Shipping Company statement confirming that the age of the Vessels does not EXCEED 20 YEARS; IN THE EVENT THAT VESSELS AGE DOES EXCEED 20 YEARS THEN ANY EXTRA INSURANCE PAYABLE AS A RESULT OF THIS SHALL BE FOR SELLERS ACCOUNT.
6. SELLER’s certificate confirming that a full set of non-negotiable shipping DOCUMENTS HAS been sent directly by Fax and courier service to the BUYER within 7 working days after B/L date.
7. Packing list showing gross/net weight and the number of ocean Bill of Lading. Read More
8. Certificate of hold and hatch cleanliness issued by SGS OR.
9. Copy of Fax advising BUYER of shipment particulars within 03 working days from B/L date containing commodity, B/L number, date, quantity of loaded cargo, weight (NET/ GROSS) invoice value, name and nationality of vessel, name of loading and discharging port and ETA at discharging port.
10. Full set of insurance policy/ Certificate covering for 110% invoice value, blank endorsed with insurance clause is all risks.
11. Phytosanitary certificate 1 original and 3 copies
12. Certificate of non-radioactive 1 original and 3 copies

ADDENDUM 1. TEXT OF SWIFT MT 700
SENDER:
BANK NAME:
ADDRESS:
SWIFT CODE ACC:
NUMBER: ACC.
HOLDER:
MT RECEIVER BANK
27: SEQUENCE OF TOTAL
40A: TUPE OF DOCUMENTARY CREDIT - IRREVOCABLE
20: DOCUMENTARY CREDIT NUMBER …….
31C: DATE OF ISSUE ……….
31D: DATE AND PLACE OF EXPIRY ………. (BANK BRANCH) (DATE 60 DAYS AFTER THE ISSUING DATE)
51A: APPLICANT BANK                                            ………………….
50: APPLICANT                                                       ………………….
59: BENEFICIARY                                                        
32B: CURRENCY CODE/AMOUND USD
39B: MAXIMUM CREDIT AMOUNT 000.000.000.00
45A: DESCRIPTION OF GOODS - INVOICE DATED______ PAYMENT FOR____ AND/OR SERVICES, TRANSACTION CODE:
46A: DOCUMENTS REQUIRED: BANK GUARANTEE ISSUED BY SWIFT MT 760 (NO MENTION OF THE FACE VALUE)
47A. ADDITIONAL CONDITIONS: THE PAYMENT WILL BE FREED AVAILABLE UPON  RECEIPT, AUTHENTICATION AND VERIFICATION OF THE ABOVE MENTIONED BANK INSTRUMENT                    

Specimen Bank Guarantee Verbiage SWIFT MT 760
ISSUED BY
INSTRUMENT OF GUARANTEE
CUSIP NUMBER
ACCESS CODE
EXPIRATION DATE
ISSUE DATE
MATURITY DATE
CURRENCY
AMOUNT
ISSUED BY
Beneficiary:                           
Receiving Bank:
WE THE UNDERSIGNED <MAJOR WORLD BANK>, HEREBY OPEN OUR IRREVOCABLE, TRANSFERABLE, ASSIGNABLE AND CONFIRMED LETTER OF GUARANTEE IN FAVOUR OF______________________ FOR THE AMOUNT OF 00,000,000(000, MILLION USD) DUE, ONE YEAR AND ONE DAY FROM THE DATE OF ISSUE DD/MM/YYYY
PAYMENT IS AVAILABLE BY BENEFICIARY FIRST WRITTEN DEMAND VIA SWIFT WIRE SYSTEM. DEMAND HEREUNDER MUST BE MARKED, DRAWN UNDER THE LETTER OF GUARANTEE NUMBER ___________ DATED DD/MM/YYYY, but not later than fifteen (15) days after the maturity date.
Such payment shall be made without set-off and clear of any deductions, or charges, fees or withholding of any nature, now or hereinafter imposed, levied, collected, with-held or assessed by the government of (Name of Issuing Bank’s Country) or any political subdivision or authority thereof or therein.
This Guarantee is transferable and assignable without presentation to us, THIS LETTER OF GUARANTEE IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS, INTERNATIONAL CHAMBER OF COMMERCE, PARIS FRANCE. LATEST REVISION Publication No.458.
THIS CABLE IS AN OPERATIVE INSTRUMENT and no mail confirmation shall follow, ALL CHARGES ARE FOR THE APPLICANT.
FOR AND ON BEHALF OF: <MAJOR WORLD BANK>,
AUTHORIZED SIGNATORY: AUTHORIZED SIGNATORY:
BANK OFFICER: BANK OFFICER:
CODE:

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ADDENDUM 1 - 1
PRE ADVICE LC BY BANK SWIFT MT 705
------------------Message Header----------------------------
SWIFT INPUT: FIN / FREE TEXT
SENDER: BANK NAME _ _ _ _ _            
RECEIVER:         
SWIFT:
----------------- Message Text------------------------------
20: TRANSACTION REFERENCE NO XXXXXXX
79: NARRATIVE
79A :   OUR CLIENT M/S _____________________ ACCOUNT NO ___________ HEREBY CONFIRM THEIR INTENT TO PURCHASE UREA 46% AGRICULTURE GRADE FROM YOUR CLIENT M/S ________________, HOLDING IBAN NUMBER_____________________ WITH YOU FOR A SUM OF USD $000.000.000.usd (___________________________________) FOR ONE YEAR.
79B : OUR CLIENT HAS THE FINANCIAL ABILITY AND SUFFICIENT LINE OF CREDIT WITH US TO OPEN AN OPERATIVE CONFIRMED IRREVOCABLE TRANSFERABLE LETTER OF CREDIT WITHIN SIXTY DAYS PAYABLE ON YOUR CLIENT M/S _______________________ UPON RECEIPT, AUTHENTICATION AND VERIFICATION OF THE BANK GUARANTEE ISSUED BY SWIFT MT 760 FOR THE ABOVE MENTIONED AMOUNT TO OUR CLIENT.
79C :      THIS BANK READINESS TO OPEN A DOCUMENTARY CREDIT IS WITHOUT ANY LIABILITY OF THIS BANK IN THE ABOVE TRANSACTION WHICH WILL BE GOVERNED BY UNDERLYING AGREEMENT AND CONTRACTS BETWEEN OUR CLIENT AND YOUR CLIENT MUTUALLY BETWEEN THEMSELVES UNDER PROVISIONS OF ICC PUBLICATION UCP-X00 .
------------------- Message Trailer------------------------------------

TEXT OF SWIFT MT 700
BASIC SWIFT HEADER
Buyer's Bank SWIFT Info :
APPLICATION HEADER
xxxxxx
HSHR HEADER
SERVICE CODE 103
BANK, PRIORITY 113
MSG USER REF 108: XXXX
SENDER:
BANK NAME:
ADDRESS:
SWIFT CODE ACC:
NUMBER: ACC.
HOLDER:
MT RECEIVER BANK
27: SEQUENCE OF TOTAL
1/??
40A: TUPE OF DOCUMENTARY CREDIT: IRREVOCABLE, TRANSFERABLE, DIVISIBLE
20: DOCUMENTARY CREDIT NUMBER XXXXXXX
31C: DATE OF ISSUE XXXXXXX
31 D: DATE AND PLACE OF EXPIRY XXXXXXX (BANK BRANCH) (DATE 60 DAYS AFTER THE ISSUING DATE)
51 A: APPLICANT BANK XXXXXXX
50: APPLICANT _Buyer ___________________
59: BENEFICIARY FINSTILUC
32B: CURRENCY CODE/AMOUND CURRENCY: USD AMOUNT: # 000.000.000 #
39B: MAXIMUM CREDIT AMOUNT +/- 5% (VARIANCE)
45A: DESCRIPTION OF GOODS AND/OR SERVICES AS PER PROFORMA INVOICE NO _____ PAYMENT FOR UREA 46% AGRICULTURE GRADE QUANTITY 000.000.000 MT TRANSACTION CODE: _______________
46A: DOCUMENTS REQUIRED: BANK GUARANTEE ISSUED BY SWIFT MT 760 (NO MENTION OF THE FACE VALUE)
47A. ADDITIONAL CONDITIONS: THE PAYMENT WILL BE FREED AVAILABLE UPON RECEIPT, AUTHENTICATION AND VERIFICATION OF THE BANK GUARANTEE ISSUED BY SWIFT MT 760
Regards
------------------- Message Trailer------------------------------------
end of message

ADDENDUM 2 - 1
PRE ADVICE LC BY BANK SWIFT MT 705
------------------Message Header----------------------------
SWIFT INPUT: FIN / FREE TEXT
SENDER: BANK NAME _ _ _ _ _            
RECEIVER:          
SWIFT:
----------------- Message Text------------------------------
20: TRANSACTION REFERENCE NO XXXXXXX
79: NARRATIVE
79A: OUR CLIENT M/S _____________________ ACCOUNT NO ___________ HEREBY CONFIRM THEIR INTENT TO PURCHASE UREA 46% AGRICULTURE GRADE FROM YOUR CLIENT M/S ________________, HOLDING IBAN NUMBER_____________________ WITH YOU FOR A SUM OF USD $000.000.000.usd (___________________________________) FOR ONE YEAR.
79B: OUR CLIENT HAS THE FINANCIAL ABILITY AND SUFFICIENT LINE OF CREDIT WITH US TO OPEN AN OPERATIVE CONFIRMED IRREVOCABLE TRANSFERABLE LETTER OF CREDIT WITHIN SIXTY DAYS PAYABLE ON YOUR CLIENT M/S _______________________ UPON RECEIPT, AUTHENTICATION AND VERIFICATION OF THE BANK GUARANTEE ISSUED BY SWIFT MT 760 FOR THE ABOVE MENTIONED AMOUNT TO OUR CLIENT.
79C: THIS BANK READINESS TO OPEN A DOCUMENTARY CREDIT IS WITHOUT ANY LIABILITY OF THIS BANK IN THE ABOVE TRANSACTION WHICH WILL BE GOVERNED BY UNDERLYING AGREEMENT AND CONTRACTS BETWEEN OUR CLIENT AND YOUR CLIENT MUTUALLY BETWEEN THEMSELVES UNDER PROVISIONS OF ICC PUBLICATION UCP-X00 .
------------------- Message Trailer------------------------------------
Specimen Bank Guarantee Verbiage SWIFT MT 760
ISSUED BY
INSTRUMENT OF GUARANTEE
CUSIP NUMBER
ACCESS CODE
EXPIRATION DATE
ISSUE DATE
MATURITY DATE
CURRENCY
AMOUNT
ISSUED BY
Beneficiary:                           
Receiving Bank:
WE THE UNDERSIGNED <MAJOR WORLD BANK>, HEREBY OPEN OUR IRREVOCABLE, TRANSFERABLE, ASSIGNABLE AND CONFIRMED LETTER OF GUARANTEE IN FAVOUR OF______________________ FOR THE AMOUNT OF 00,000,000(000, MILLION USD) DUE, ONE YEAR AND ONE DAY FROM THE DATE OF ISSUE DD/MM/YYYY
PAYMENT IS AVAILABLE BY BENEFICIARY FIRST WRITTEN DEMAND VIA SWIFT WIRE SYSTEM. DEMAND HEREUNDER MUST BE MARKED, DRAWN UNDER THE LETTER OF GUARANTEE NUMBER ___________ DATED DD/MM/YYYY, but not later than fifteen (15) days after the maturity date.
Such payment shall be made without set-off and clear of any deductions, or charges, fees or withholding of any nature, now or hereinafter imposed, levied, collected, with-held or assessed by the government of (Name of Issuing Bank’s Country) or any political subdivision or authority thereof or therein.
This Guarantee is transferable and assignable without presentation to us, THIS LETTER OF GUARANTEE IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS, INTERNATIONAL CHAMBER OF COMMERCE, PARIS FRANCE. LATEST REVISION Publication No.458.
THIS CABLE IS AN OPERATIVE INSTRUMENT and no mail confirmation shall follow, ALL CHARGES ARE FOR THE APPLICANT.
FOR AND ON BEHALF OF: <MAJOR WORLD BANK>,
AUTHORIZED SIGNATORY:  AUTHORIZED SIGNATORY:
BANK OFFICER: BANK OFFICER:
CODE: CODE:
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