Sample Export Letter of Credit
MT 700 Format Specifications
MT 700 Issue of a Documentary Credit
Status
M
M
M
O
O
M
O
M
M
M
O
O
O
M
O
O
O
O
O
O
O
O
O
O
O
O
O
O
O
M
O
O
O
O
Tag
27
40A
20
23
31C
31D
51a
50
59
32B
39A
39B
39C
41a
42C
42a
42M
42P
43P
43T
44A
44B
44C
44D
45A
46A
47A
71B
48
49
53a
78
57a
72
Field Name
Sequence of Total
Form of Documentary Credit
Documentary Credit Number
Reference to Pre-Advice
Date of Issue
Date and Place of Expiry
Applicant Bank
Applicant
Beneficiary
Currency Code, Amount
Percentage Credit Amount Tolerance
Maximum Credit Amount
Additional Amounts Covered
Available With ... By ...
Drafts at ...
Drawee
Mixed Payment Details
Deferred Payment Details
Partial Shipments
Transhipment
Loading on Board/Dispatch/Taking in Charge at/from ...
For Transportation to...
Latest Date of Shipment
Shipment Period
Description of Goods and/or Services
Documents Required
Additional Conditions
Charges
Period for Presentation
Confirmation Instructions
Reimbursing Bank
Instructions to the Paying/Accepting/Negotiating Bank
'Advise Through' Bank
Sender to Receiver Information
Content/Options
1!n/1!n
24x
16x
16x
6!n
6!n29x
A or D
4*35x
[/34x]
4*35x
3!a15d
2n/2n
13x
4*35x
A or D
3*35x
A or D
4*35x
4*35x
1*35x
1*35x
1*65x
1*65x
6!n
6*65x
100*65x
100*65x
100*65x
6*35x
4*35x
7!x
A or D
12*65x
A, B or D
6*35x
M = Mandatory O = Optional
7/20/2012 10:19:22
----------------------------------------------------------------------------------------------
Authentication Result:CORRECT
Priority:N-Normal Message
--------------------------------------- Message Header ---------------------------------------
SWIFT Output : FIN700-Issue of Documentary Credit
Sender ABNASCSCAXXX
ABN AMRO BANK N.V., SINGAPORE BRANCH
SINGAPORE
Receiver : FTBCUS3CXXX
FIFTH THIRD BANK
CINCINNATI, OH US
---------------------------------------- Message Text ----------------------------------------
:27 :Sequence of Total : 1/1
:40A:Form of Documentary Credit: IRREVOCABLE
:20 :Documentary Credit Number : L960477
:31C:Date of Issue : 120720
:40E:Applicable Rules : UCP600
:31D:Date and Place of Expiry : 120831 IN U.S.A.
:50 :Applicant : ABC COMPANY
21 ANY STREET
SINGAPORE 659539
:59 :Beneficiary : KENT COMPANY
52 LOIS LANE
METROPOLIS, IN 48182
USA
:32B:Currency Code, Amount : USD10,000.00
:41D:Available with… by… : ANY BANK
BY NEGOTIATION
:42C:Drafts at : SIGHT
:42D:Drawee : ABN AMRO BANK N.V., SINGAPORE BRANCH
:43P:Partial Shipments : NOT ALLOWED
:43T:Transshipment : ALLOWED
:44A:Place of Taking in Charge/
Dispatch from.../
Place of Receipt : METROPOLIS, IN
:44B:Place of Final Destination/
for Transportation to.../
Place of Delivery : SINGAPORE
:44E:Port of Loading/
Airport of Departure : USA PORT
:44F:Port of Discharge/
Airport of Destination : SINGAPORE
:44C:Latest Date of Shipment : 120803
:45A:Description of Goods : 1 (ONE) UNIT - PORTABLE CHILLER, MODEL : MX-7, SAYR 415/
50 AS PER APPLICANT’S P/O NO. 2075 FCA METROPOLIS, IN
:46A:Documents Required : ++ BENEFICIARY’S SIGNED COMMERCIAL INVOICE IN ONE ORIGINAL
AND THREE COPIES
++ FULL SET MULTIMODAL TRANSPORT DOCUMENT AND ONE N.N. COPY
MADE OUT TO ORDER OF SHIPPER BLANK ENDORSED MARKED FREIGHT
COLLECT AND NOTIFY APPLICANT INDICATING THIS CREDIT NUMBER.
++CERTIFICATE OF USA ORIGIN IN ONE ORIGINAL AND ONE COPY
ISSUED BY BENEFICIARY/CHAMBER OF COMMERCE
++ PACKING LIST IN ONE ORIGINAL AND ONE COPY
:47A:Additional Conditions : +ALL DOCUMENTS MUST BE DISPATCHED TO US IN ONE LOT BY
REGISTERED AIRMAIL + INSURANCE WILL BE COVERED BY APPLICANT
:71B:Charges : ALL BANK CHARGES AND COMMISSIONS OUTSIDE SINGAPORE INCLUDING
REIMBURSEMENT CHARGES ARE FOR BENEFICIARY’S ACCOUNT
:48 :Period for Presentation : 28 DAYS
:49 :Confirmation Instructions : WITHOUT
:53A:Reimbursing Bank : ABN AMRO BANK N.V.
NEW YORK, NY
:78 :Instr to Nominated Bank : REIMBURSEMENT: PLEASE REIMBURSE YOURSELVES TO THE DEBIT
OF OUR ACCOUNT WITH ABN AMRO BANK NV, NEW YORK, UNDER TESTED
TELEX ADVICE TO US. A DISCREPANCY FEE OF USD40.00 (OR ITS
EQUIVALENT) SHALL BE DEDUCTED FROM THE REIMBURSEMENT CLAIM/
PROCEEDS UPON EACH PRESENTATION OF DISCREPANT DOCUMENTS AND
THE LEVY OF THE DISCREPANCY FEE DOES NOT IN ANY WAY ALTER THE
TERMS AND CONDITIONS OF THIS CREDIT.
--------------------------------------- Message Trailer ---------------------------------------
CHK: 05257AASDC1E
PKI Signature: MAC-Equivalent
*End of Message