N.B : We Don't Accept Credit Cards
Letter Of Credit
Letter Of Credit
Term's and Information on LC's Payment
For Purchase Over 80,000 US$ Only
- Letter of Credit , Irrevocable and transferable payable at Sight 100% at the counter of our Bank In Jordan " Not Negotiable " And all charges in Jordan is on our account , However all charges outside Jordan is on Buyer account.
- Confirmation : LC Should be Established from Top 20 Prime Western Banks , If Not Then Buyer Need to Confirm The LC at Buyer Account from Top 20 Prime Western Banks , If LC is Established From Top 20 Prime Western Banks Then Confirmation is Not Needed .
- If Buyer Prefer LC for Less amount of 80K the following is the Business Terms
Covering Tax's & Fee's Of LC Payment .
- Amount less than 15,000 US$ Add 5.99 %
- Amount less than 20,000 US$ Add 4.79 %
- Amount Less Than 40,000 US$ Add 3.70 %
- Amount Less Than 60,000 US$ Add 2.60 %
- Amount 80,000 US$ and More 1.99 %
On The LC Where It Read : Form of Documentary Credit - Your bank need to add
- Transferable twice
- Revolving If Needed
- With Our Confirmation " Buyer Confirmation " At Buyer Account "
- Partial Shipping is acceptable "If Large Orders "
- Charter Party Bills Of Lading And Third Party Documents Are Allowed.
- Any Amendments Of Discrepancy Of The Letter Of Credit Not According To Proforma Invoice Is On Buyer Account.
- THIRD PARTY DOCUMENTS ARE ACCEPTABLE.
- Product Name , Products Quantity & Price -
DEAD SEA BATH SALTS / DEAD SEA MUD MASK ....ETC
QTY: 27 MTS AT USD 00.00 /MT
- Pallets If Used : Not to be mentioned on LC to enable us to finish properly with Chamber of Industry of Jordan or can be Wrote
- As Per Proforma Invoice No#.........................
Jordan Have Only One Sea Port - Therefore LC Should Contain as following
- Port Of Loading /Airport Of Dep.: Any Sea Port Jordan
- Port of Discharge / Airport of Dest : C&F " Port name " _________ , Country name " ___________
Importer & Address
- Importer Should Contain Full Style Address
- Company Name
- Contact Name
- Phone / Fax Number
- Address Full Style
- Zip Code
Discrepancies : Any Discrepancies In The Letter Of Credit Is Accepted Excluded
- Description Of Goods
- Final Destination
Exporter Name & Address
- EXPORTER : As per Proforma Invoice 100%
Start Date of LC is After Our Bank Accept the LC ,
Latest Shipment Date : 6 Weeks After The Acceptance of LC by Our Bank
Advising Bank If Used : All Charges due to Advising Bank is On Buyer Account even if Seller Requested Amendment on LC .
When We Say All Charges Out Side Jordan is On Buyer Account , It Mean as It Read , So Pls. Ask your Bank not to go around it with LC wording to Read all Charges Outside Buyer Bank is On Seller Account .
Documents for Shipment:
- Full Set Of Shipped On Board Bill Of Lading.
- Certificate Of Origin In Duplicate
- Packing List Confirming The Weight Issued By The Seller In Duplicate
- Commercial Invoice Issued By The Seller In Triplicate
- If Needed - Inspection For Quality And Quantity Issued By Intertek – Buyer Account And Documents Are Not Included With LC. Buyer Should Add 690 Us$ To The LC Account.
- Insurance Certificate 110% Full Set. Extra Charges will be added " 0.02 US$ Per 1 Kg "
- Euro 1 - Just for European Countries " Extra Charges Will be added "
2ND Option Of Payment
Based on Proforma Invoice and Bank to Bank only Wire Transfer 50% Upon Confirmation & the Balance 50% Before Shipment based on Copies of Shipment Documents and if we shipping then a Draft Copy of Bill of Lading will be provided via email.