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- Advice of Letter of Credit LC
Advice of Letter of Credit LC
- By Super Admin
- Published 22 February 2008
- Report, Assignment, Case Study and Term Paper
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L/C Advice. Advice of letter of credit by Woori bank.
Our Advice No. ADV254896548
ORIGINAL ADVICE OF LETTER OF CREDIT
DATE: 05 Feb,2008
BENEFICIARY
TO: RK TRADING
25, MOTIJHEEL C/A (3RD FLOOR)
DHAKA-1000
FAX#880 2 856423
ISSUING Bank
WOORI BANK, SEOUL, KOREA
ADVICE THROUGH
CREDIT NO. MD548NS8755658
AMOUNT USD 85,000.00
Gentlemen,
We advice you that we received a teletransmission/an airmail dated 2008/02/05 from the abovementioned bank reading in substance as shown on the attached sheet. Please note that this letter is solely an advice and conveys no engagement by us. And please further note that in the case of message we receive by teletransmission, we assume no responsibility for any errors and/or in the omissions in the transmission and/or translation of the transmission, and we reserve the right to make such corrections as may be found necessary.
This letter must be presented for each drawing hereunder and the amount of any such drawing must be endorsed on the reverse hereof by the paying/accepting/negotiating bank.
This advice is subject to uniform customs and practice for documentary credit (2007 revision), international chamber of commerce publication No. 600
VERY TRULY YOURS
WOORI BANK DHAKA BRANCH
Spread The Word
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1 Response to "Advice of Letter of Credit LC" 
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said this on 20 Mar 2008 9:24:43 AM CDT
The advising bank must check the authenticity of the L/C before advising to the beneficiary. And I think it should be mentioned on the advice.
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