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New Practical English 3(Second Edition) Return to Menu Trying Your Hand Applied Writing General Writing Applied Writing Read and Simulate Simulate and Create Read and Simulate 1. Read the following sample Irrevocable Letter of Credit carefully and learn to write your own. First Bank of England Address: 48 North Square, London WS5R 5KL, UK Tel: 020 7342 2369 Fax: 020 7342 2901 IRREVOCABLE LETTER OF CREDIT Credit number: 25489 Date: March 4, 2003 Applicant: Longway Company, London Beneficiary: Dalian Electronic Appliances Company, China ? Dear Sirs, We hereby open our irrevocable letter of credit in your favor for the sum not to exceed a total of Seventy Five Thousand U.S. Dollars Read and Simulate US$75,000 , to be made available by your request for payment at 30 days sight drawn on us for 100% of invoice value accompanied by the following documents: ? Signed Invoice in three copies certifying that the goods are in accordance with Contract No. GA/JS – 453. Insurance Policy for invoice amount plus 10%. Clean shipped Bills of Lading in complete set issued to order and blank endorsed marked “Freight paid” Evidencing shipment of: 150 Cartons of 34” Colour Television Receivers C.I.F. London ? 1. Read the following sample Irrevocable Letter of Credit carefully and learn to write your own. Read and Simulate Shipment: from Dalian, China to London, Britain Partial Shipments Not Permitted Transhipment Not Permitted ? We hereby engage that payment will be duly made against documents presented in Advising Bank’s notification in conformity with the terms of this credit. ? Yours faithfully, Roy Smith Signature Manager ? First Bank of England, London, International Division 1. Read the following sample Irrevocable Letter of Credit carefully and learn to write your own. Simulate and Create 2. Fill in the blanks based on the above letter of credit. Opener Beneficiary Opening Bank Advising Bank Kind of Letter of Credit Irrevocable, non-confirmed Amount cove
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