APPLICATION FOR COMMERCIAL IMPORT LETTER OF CREDIT

THIS APPLICATION AND THE LETTER OF CREDIT ISSUED HEREUNDER ARE SUBJECT TO AND GOVERNED BY THE
CONTINUING AGREEMENT FOR COMMERCIAL LETTERS OF CREDIT EXECUTED BY THE UNDERSIGNED
ON [insert date] (THE “AGREEMENT”)

TO:	COPY TO:

OC CO-ORDINATION AND ADMINISTRATION UNIT

Pursuant to the Terms and Conditions contained in the Agreement, please arrange for the issue of an IRREVOCABLE DOCUMENTARY COMMERCIAL letter of credit (the ‘Credit’) by an Issuing Bank under the Agreement (“Issuer”) and transmit it by Teletransmission 1. Reference Number:- TBI/ 2. Date : 3. Applicant: (For account of same party unless otherwise noted on the signature page). 4. Issuing Bank (if determined by Applicant. Otherwise this will be determined by the OC Co-ordination and Admin unit or the Issuing Bank). 5. Advising Bank (if blank this will be determined by the OC Co-ordination and Admin unit or the Issuing Bank). 6. Credit is transferable. (Issuer is authorized to include its standard transfer conditions and is authorized to nominate a Transferring Bank). 7. Partial Shipment 8. Transshipment Allowed - Allowed Not Allowed - Not Allowed 9. Shipment: 10. Expiry Date: Place of Expiry: 11. Primary Beneficiary : M/S 12. Amount in figures and words: USD 13. Credit available: By payment :
14. Required Documents The following documents are required: complete set unless otherwise stated. All Documents should show TBI L/C. Number. Commercial Invoice and copies. TRANSPORT DOCUMENTS: Full Set of Marine/Ocean Bill of Lading covering a port to port shipment consigned to the order of the Issuing Bank marked notify Applicant indicating the name of the carrier, and indicating the goods have been loaded on board or shipped on a named vessel. Full Set of Multimodal Transport document consigned to the order of the Issuer marked notify Applicant (Baghdad Iraq) indicating the name of the carrier or Multimodal transport operator, Air Waybill consigned to the Issuer marked notify Applicant indicating the name of the carrier. Truck shipping documents consigned to the order of the Issuer marked notify Applicant indicating the name of the carrier or, and indicating that the goods have been transported, loaded on board. If Consignee other than the Issuer (please specify): If notify party other than Applicant (please specify The Transport Document must be marked Freight Collect Freight Prepaid Forwarders Cargo Receipt (‘FCR’) issued by indicating that the merchandise has been received (indicate in the space below any further requirements-Note: a FCR is not a transport document): Insurance will be covered by us OR Insurance Policy Certificate: covering the following risks: All Risks War SR&CC Other Risks (specify) . Insurance coverage for 110 % (Unless otherwise specified the minimum amount of insurance must be for 100% of the CIF or CIP value plus 10%. If the CIF or CIP value cannot be determined from the documents on their face, insurance must be for a minimum amount of 110% of the drawing amount or . Packing List and copies. Certificate of Origin and copies. Inspection Certificate issued by and purportedly signed by Other Documents See attached sheet for continuation or other documents or further special instructions which form and are an integral part of this Application.

15. Merchandise Description.

16. Incoterms: FAS FOB (named port of shipment); CFR CIF

openers warehouses / (named port of destination); Other .

Documents must be presented for payment, acceptance, negotiation within	days (unless otherwise specified 21 days will be stipulated) after the date of issuance of the transport documents (or in the case of a FCR 21 days after its date) but within the validity of the Credit. Payment will be effected after acceptance of goods in Baghdad, but not more than 60 days.

17. Charges.

All banking charges inside and outside Iraq are for the beneficiary's account.

.

Unless otherwise stated herein, the negotiating/ nominated bank (if any) is authorized to send all documents to you in one airmail or courier service, if available.

This Credit is subject to the UCP (the Uniform Customs and Practice for Documentary Credits 1993 Revision, I.C.C. Publication No. 500) and any amendments thereto and revisions thereof.

THE UNDERSIGNED HEREBY AGREES TO ALL THE TERMS AND CONDITIONS SET FORTH IN THE AGREEMENT, ALL OF WHICH HAVE BEEN READ AND UNDERSTOOD BY THE UNDERSIGNED.

Trade Bank of Iraq

(Authorized Signature)

NB. Please confirm date receiving the L/C by return E-Mail.