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(A) Under letter of Credit:The buyers,upon receipt from the

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(A) Under letter of Credit:The buyers,upon receipt from the Sellers of the delivery advice specified in Clause II (1) a hereof,shall,15-20 days prior to the date of delivery,open as Irrevocable letter of credit with Bank of China,Tianjin in favour of the sellers,for the total value of shipment.The credit shall be available against Sellers’ draft(s) drawn at sight on the openings bank for 100% invoice value accompanied by the shipping documents specified in clause 10 hereof,Payments shall be effected by the opening bank,(by telegraphic transfer/airmail transfer) against presentation to them of the aforesaid draft(s) and document.The letter of credit shall be valid until the 15 day after the shipment is effected.
(A) Under letter of Credit:The buyers,upon receipt from the
在使用信用证的情况下: 在收到卖方按照合同第2条所规定的交货通知后, 买
方应在装运前20-25天按照全部装运货值以卖方为受益人通过在天津的中国银
行总行开具不可撤销信用证. 卖方凭合同规定第10条要求的运输单据向开证行
开出100%信用证金额的即期汇票议付信用证,付款由开证行凭上述汇票和单
据(以电汇或航空信汇方式)承付.信用证有效期截止到装运期后第15天.
PS, 上学期考这国际贸易考到我脑细胞死了一大半.