1. This Credit is to be (I)2

2. And advised through (Correspondent) (II) —————————.

3. In favour of (Beneficiary) (Address)3

Delete inappropriate words.

1. State whether

(a) Revocable

(b) Irrevocable or

(c) Irrevocable and Confirmed by Correspondent

NJB. If Credit if to be transferable sее Note 12 on reverse

4. To the extent of 4(in words)

5.The Credit is to expire on ————— in —————

(State/Town/ Country) (Unless previously cancelled - if Credit is revocable)

6.The Credit is to be available by the beneficiary's draft(s)

*(a) at ———————— sight in sterling/currency on

Lloyds Bank Limited, London. '(b) at ———————— sight in currency on the Corres­pondent.

As regards (b) where payment is to be made at sight, the bene­ficiary's draft need not be presented.

Drafts to be drawn/payments to be made for the full invoice value and submitted with the under-mentioned documents at­tached (iii).

(ii) Fill in ONLY when .Correspondents

espe­cially nominated. See Note 2 on reverse.

7. Documents required:

(a) Invoice

(b) Policy or Certificate of Insurance in the same currency

as the Credit for C.I.P. Invoice value plus ————————— per

cent covering Marine and War Risks and also ———————

(IV)

(If shipment effected in a Container this must be indicated

on the insurance document.)

3. If for less than full in­voice

value delete and give instructions under 12.

(с) •Complete set of clean "On Board" Shipping Company's

Bill of Lading/Shipping Company's Combined Transport Bills of Lading

made out to order and endorsed in blank marked

Freight Paid/Freight Payable at Destination. Documents must be presented

to the paying/accepting/negotiating bank not later than —— days after the

date of the Bills of Lading or other shipping documents stated herein and within the credit validity.

(d)

8. Covering Shipment of: -

FOB/C&F/CIF

9. Price

10. Shipment from to

11. Partial shipment allowed/prohibited Transhipment allowed/prohibited

12. Special Instruction (if any)

3. If insurance documents are not required state

who is covering insurаnсе or If insurance is

to be effected in a currency different from that

of the Credit the wording of 7 (b) must be stated accordingly

(v) Please complete "Exchange Control" details overleaf

13. We give overleaf the information required for Exchange Control

purposes and we agree to pay you a commission of ——-— %

(minimum £ —————— for each three months or part thereof

for this Credit and when applicable an acceptance commission of ———— %

per month minimum two months minimum £—— (V)

1 The documents and the goods and all proceeds of sales thereof and of insurance thereon and all our rights as unpaid sellers when shall be security to you for all obligations and liabilities incurred by you as Correspondents in connection with this Credit and for all disbursements in connection with the goods or otherwise (which we hereby authorise you to pay for our account) and all other our liabilities to you present and future.

2 You may on payment debit our account with all sums paid in con­nection with this Credit or the goods, also with any commission and interest, or with the whole or part of the amount of the Credit at any time if you think fit, and on demand we will place you in funds to meet such debts, and we will at the latest place you in funds to meet any acceptances throe days before their due date or earlier if required. In the case of Credits in foreign cur­rency you may pass any such debits in sterling at your rate of exchange, and if passed after payment, at your rate ruling when you receive advice of payment when otherwise arranged. In the event of any default you may sell the documents or goods before or after arrival and any defect we will pay you on demand, and we will indemnify you against all claims, demands, costs, charges, and expenses incurred in connection with this Credit.

3 Your rights against us hereunder shall not be affected by, and you and/or Correspondents shall not be responsible for any loss or damage to the goods however and whenever caused, this quantity, quality, condition or their detention by any person whatsoever and howsoever caused, the loss, validity, sufficiency, genuineness or ac­curacy of the shipping, insurance or any other documents or fail­ure from any reason by you. Correspondents or any other person shall be at our risk.

4 If the Credit is revocable it may be cancelled by you at any time, but cancellation by you or by us shall be without prejudice to our respective obligations as regards any bills negotiated or accepted or payments made thereunder before notice of such cancellation has been received at the place where the Credit is available.

5 A11 cables/telex messages in connection with this Credit shall be despatched at our risk and cost and shall not be responsible for any loss caused by mistakes, mutilations or omissions in their transmission coding or decoding or interpretation when received or by delay on the part of the cable or telegraph companies con­cerned.

6 If two or more parties sign this document the obligation hereunder are joint and several

7 This Credit is to be subject to the Uniform Customs and Practice for Documentary Credits (1974 revision) International Chamber of Commerce Publication No. 290.

Accounter's Name and Signature.

Date —————————————

NOTE FOR BRANCH MANAGERS. A copy of this form as signed to be sent to the Overseas De­partment or Chief Accountant's Department (if beneficiary in UK. or Eire). It the instructions are telegraphed/telephoned to one of those Departments the copy should follow by post marked clearly “Confirmation or Telegram/Telephone".

INSURANCE. - If Insurance documents are not called tar, the Branch Manager should confirm below under "Remarks" that he is satisfied that the Insurance к actually covered and available for the Bank's protection.

The above instructions are confirmed (STATE HOW SANCTIONED).

М.D.Р. —————— BRANCH

BRANCH CODE NUMBER MANAGER

Explanation of reference numbers on the form:

1. Indemnity: Release from liability (Note: Indemnity clauses are not reproduced in the above form.) ‘освобождение от материальной ответственности, га­рантия от убытка').

2. Correspondents: The buyer's agent (if any) in seller's country ('представитель, агенты’).

3. Beneficiary: The seller ('бенефициар, выгодоприобретатель').

4. The amount to be paid is given here ('сумму выплаты указать здесь').