LETTER
OF CREDIT
::
Instalment and payment
To have a vehicle’s order registered, we ask a minimum
10% down payment of the vehicle’s price.
The payment of balance including the transport, the possible
insurance and all accessories must be paid in a minimum of 8 working days
before the scheduled date of good’s shipping.
::
Payment medium
We must receive the payment:
• By bank transfer to one of our account here after ,
• Or by letter of credit payable at sight to one of our bank here
after and according to the terms explains in annexe.
Banque
Belgolaise Brussels-Belgium
Swift: BLGO BE BB
IBAN Account number: BE59 6031 0489 4026
in favour of Transautomobile
main office: Cantersteen 1 - 1000 Brussels Belgium
FORTIS
Banque Brussels-Belgium
Swift: GEBA BE BB
IBAN Account number: BE24 2100 4696 6038
in favour of Transautomobile
Branch: Fort Jaco - Ch. de Waterloo 1341 A - 1180 Brussels-Belgium
Banque
ING Brussels-Belgium.
Swift: bbru be bb 100
IBAN Account number: BE80 3101 0445 8477
in favour of Trans Trade Belgium.
Branch: Business Branch Hippodrome - Ch. le la Hulpe 130 b23 - 1000 Brussels
- Belgium
KBC
Bank SA-Belgium.
Swift: KREDBEBB
IBAN Account number: BE49 4386 1645 0171
in favour of Trans Trade Belgium.
Branch: Uccle Fort Jaco - Ch. de Waterloo 1324 - 1180 Brussels - Belgium
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Example
of documentary credit
In order to
have a good opening of documentary credit and to avoid further amendment,
please give your bank all here after information and insist on the fact
that they respect the terms we ask for.
In case of
problems or if your bank can’t proceed to the opening of documentary
credit on basis of those terms, please inform us so we can try to find
the best solution for both sides.
- ISSUING BANK (Buyer bank)
- FORM OF DOCUMENTARY CREDIT
*IRREVOCABLE
*TRANSFERABLE (check additional conditions)
*CONFIRMED
-
NUMBER DOCUMENTARY CREDIT ……………………
-
DATE OF ISSUE ……………………
-
VALIDITY : PLACE AND DATE BELGIUM
Minimum 3 months from the date of notification
-
APPLICANT (Client)
-
BENEFICIARY
TRANSAUTOMOBILE sa
1595, Chaussée de Waterloo
B-1180 BRUSSELS
Belgium
-
CURRENCY CODE, AMOUNT …….. Euro
The beneficiary is allowed to add maximum 3% of the letter of credit’s
amount at the invoice in order to cover possible charges.
-
NOTIFY BANK Fortis/ING/Belgolaise/KBC
PARTIAL SHIPMENT Allowed
- TRANSSHIPMENT Allowed
- LOADING ON BOARD/DISPATCH/TAKING Beneficiary’s
choice(any port)
- FOR TRANSPORTATION TO (Final destination)
- LATEST DATE OF SHIPMENT According to the validity of
documentary credit
- DESCRIPTION OF GOODS
X vehicles of brand…..
Following contract of…
-
DOCUMENTS REQUIRED
*Commercial
invoice 1 original + 3 copies
*Forwarding agent certificate of receipt (FCR) issued by any shipper stating
that the goods have been well received in good condition
Dates the latest
*Forwarding agent certificate stating that the goods received are at disposal
of the “applicant” or the “issuing bank”
ADDITIONAL CONDITIONS **INSURANCE for the applicant
*DOCUMENTS to present within 21working days from document date
*As the 48G article on rules and uses ruling the emission of letter of
credit is not into application, we allow the transfer of this credit as
many times as needed.
-
CHARGES
*The applicant
is responsible for all the L/C charges including the issuing charges.
*The beneficiary
is responsible for only the encashment charges.
CONFIRMATION INSTRUCTIONS To add by the notify bank.
- REIMBURSEMENT BANK The issuing bank must inform the
notify bank on the refund medium that she has allowed to use.
The beneficiary’s payment will be accomplished at sight at the notify
bank’s cash desk between maximum 2 days.
- SENDER
TO RECEIVER INFORMATION This credit is subject to uniform custom
and practice for documentary credits, 1993 revision, UCP Publ.Nr.500.
^^^UP^^^
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