_______ Branch
APPLICATION AND AGREEMENT FOR IRREVOCABLE
CREDIT FREELY NEGOTIABLE IN BENEFICIARY'S
Dear Sir.
Itwe (app icant I openers) hereby request you to open and issue an irrevocable ocu ~fn'4~fH~~ lail
( ) advising brief text by telex, details followed by mail ( ) complete text by telex (
Through Applicant's name and address
or through Fore gn Corr.spondents of your choice without any risk and
responsibility on your part who may also receive your Instructlona to
negotiate the manually signed drafts of the beneficiary.
Beneficiary's name and address
Currency & Amount
(In words) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
- - - - - - - - - - - - - - - - - - - - - - - C & F Karachi.
expiry date of Credit
Draft at sight I usance at _ _ - - - - - --- - - -days _ _ _ _ _ _ _ _ _ _ _ _ drawn on : _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
- - - - - - - - - - - - - for full invoice value of goods and marked drawn under Habib Metropolitan Bank Limited, Karachi.
Documents required and instructions to follow are marked (x) below:
(x) Signed Commercial invoices in octuplicate certifying merchandise of _______________________________ origin
and indlcati g Import licence No. _ _ _ _ _ _ _ _ _ _ _ SBP registration No. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
( ) Signed packing list in four copies.
( ) Full set of "Clean on Board" Ocean Bills of lading drawn or endorsed to the order of Habib Metroplitan Bank Limited, prepaid inclusive of all costs, and
marked notify us and your bank.
( ) Airway BIIIssued and signed by the carrier or their Agent bearing reference to the credit number evidencing despatch of goods consigned to
Habib Metropolitan Bank Limited marked freight prepaid, inclusive of all costs, and notify us and your Bank. A copy of invoice must accompany the
Consignment and Airway Bill to evidence compliance.
( ) Original Post Parcel Receipts (s) bearing this UCNumber showing postage paid and evidencing that parcel (s) has f have been dispatched to
Habib Metropolitan Bank limited marked Alc us
(x) Insurance arranged by us in Pakistan. All Shipment under this credit must be advised by the beneficiary(ies) after shipment direct to
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and to me/us (openers) referring to policy I cover Note No. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Giving full details of Shipment (s)
Covering (Description of Merchandise)
Other Documents
required are ( )
( )
Shipment I Despatch from ________________________ _ ( )Allowed ( ) Not Allowed
To_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Latest ______________ _
Allowed Not Allowed
Additional conditions and instructions :
1. All banking charges outside Pakistan are for account of ( ) our ( ) Beneficiary's.
2. Shipment I Transhipment on Israel Flag vessel not allowed.
3. Short form Bills of lading not acceptable.
4. Bills of Lading I Airway Bill I Post Parcel receipts dated earlier than the date of this Credit are not acceptable.
5. Bills of Exchange must be negotiated within- __ days from the date of Bill of lading f AWBI Post Parcel receipt but not later
than the expiry date of this credit.
6. IIwe request you to ( ) book ( ) not to book forward exchange for___ months(s).
I/We hereby declare that I/We hold C.C.I & E. Registration No. _________dated ________ which has not been cancelled
and IIWe have been issued import Licence No. - - - - - - - - - - - dated - - - - - - - for Rs. - - - - - - - - - - - - - - - -
and this import is covered against ITC Schedule No(S).- - - - - - - - - - - - for which the licence has been Issued under Import
Control Irrgulation Act. Notwithstanding any subsequent invalidation or cancellation of the said licence. I/We shall be bound to reimburse
to you the amount due or any other charges and expenses incurred by you and your correspondent by reason of establ ishing and/or
negot iations or payments under the Credit established under these instructions.
This Credit shall be deemed to have been issued when advise thereof has been despatched to the beneficiary(ies) and is
subject to the uniform customs and and practice for Documentary Credits in force.
In consideration of your opening an Irrevocable Documentary Credit on the above mentioned terms and conditions the signatory
unconditionally agree(s) as per terms and conditions overleaf.
My I O~Account No. is ____________________ _
FOR BANK USE ONLY
UC Outstanding Rs. UC Liability Rs.
PAl Outstanding Rs. Margin % Rs.
-
Total Rs. Commission Rs.
UC Limit Rs. Postage Charges Rs.
Approved Rs. Cable Charges Rs.
Checked by Rs. Total Rs.
HABIBMETRO I.B. lIMP "" I T.E. 27·12·13
Habib Metropolitan Bank Ltd.
(Subsidiary of Habib Bank AG Zunch) .
