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Requirement: You Are The Importer, Fill in The Documentary Credit Application Form For Missing Information As Follows

This document provides information for five commercial documents exercises involving imports and exports between different countries. The details provided include contract dates, product descriptions, values, delivery terms, shipment timelines, banks and their locations for both importers and exporters. For each exercise, the importer is asked to fill in missing information on a documentary credit application form using the details provided about that specific import/export transaction.

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0% found this document useful (0 votes)
123 views

Requirement: You Are The Importer, Fill in The Documentary Credit Application Form For Missing Information As Follows

This document provides information for five commercial documents exercises involving imports and exports between different countries. The details provided include contract dates, product descriptions, values, delivery terms, shipment timelines, banks and their locations for both importers and exporters. For each exercise, the importer is asked to fill in missing information on a documentary credit application form using the details provided about that specific import/export transaction.

Uploaded by

Mai Chi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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COMMERCIAL DOCUMENTS EXERCISES

Requirement: You are the importer, fill in the documentary credit application form for missing information as follows:
1. Applicant: 6. Partial shipment:
2. Beneficiary: 7. Transshipment:
3. Issuing bank: 8. Port of loading/dispatch/taking in charge:
4. Advising bank: 9. Port of discharge:
5. Currency amount: 10. Shipment time:
- In figures: - Earliest shipment date:
- In words: - Latest shipment date:
Question 1:
A Vietnamese company named Goldfish signed a contract on 1/5/2018 to export a full container of frozen fish valued USD 253,000 to
SmithSon – a company located in New York. Knows:
- Term of delivery: FOB
- Shipment will be taken part in 3 times without transshipment.
- Shipment time: from the contract date until 15/6/2018
- Importer’s bank: Citi Group, New York branch, 252 Vincent street, New York, USA
- Exporter’s bank: Vietcombank, Headquarter, 14 Tran Quang Khai street, Hanoi, Vietnam
Question 2:
An English company named Sam&Son located in UK signed an import contract of Vietnamese rice with a Vietnamese National Rice
Company on 1/4/2018. The total value of the contract is USD 193,000. Knows:
- Term of sale: CIF
- The rice needs to be delivered in 1 time and there is not any transshipment.
- Shipment time: within 60 days after signing the contract.
- Importer’s bank: ANZ bank, EU branch, 725 Saint Peter street, London, UK
- Exporter’s bank: ANZ bank, Hanoi branch, 25 Ly Thai To street, Hanoi, Vietnam
Question 3:
Jmobile from Japan signed a contract to buy a set of mobile phones of Viettel from Vietnam on 15/4/2018. The contract value is USD
225,000. Knows:
- Term of sale: CIF
- Within 45 days from the signed contract date, Viettel can deliver the goods in one or more times with transshipment.
- Importer’s bank: Dai-i-chi bank, Tokyo branch, 101 Nakyo-Ku street, Tokyo, Japan
- Exporter’s bank: HSBC bank, Hanoi branch, 15 Hang Bong street, Hanoi, Vietnam
Question 4:
A Vietnamese company named Seafood signed a contract to export CAD 274,000 of frozen cat fish to a US company named
American Food located in Canada. The date they sign the contract is 5/4/2018. Knows:
- Term of delivery: FOB
- Goods can be delivered within 60 days before 15/6/2018, one time without transshipment.
- Importer’s bank: City bank, Toronto branch, 207 Lily street, Toronto, Canada
- Exporter’s bank: Eximbank, Headquarter, 204 Tran Hung Dao street, Hanoi, Vietnam.
Question 5:
The Southern Coffee Company from Vietnam signed a contract to export 5 tons of coffee beans valued AUD 236,000 to an Australian
company named Kangaroo Drink located in Australia. The date they signed the contract is 15/5/2018. Knows:
- Term of sale: FOB
- All goods will be delivered in container only for the full 5 tons of coffee beans without transshipment.
- Time for shipment: From 20 days after the contract date until 10/7/2018.
- Importer’s bank: ANZ bank, Melbourne branch, 107 Swanton street, Melbourne, Australia
- Exporter’s bank: VPbank, Headquarter, 257 Lieu Giai street, Hanoi, Vietnam.

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