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INSTRUCTIONS |
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Deliver document against acceptance payment |
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Advise non-acceptance non-payment by airmail cable, giving reasons. |
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Please send original documents by courier registered airmail. |
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When collected, please instruct your correspondent to remit proceeds by airmail cable. |
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For term bills advise due date. |
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In case of dishonour or for any reason if it is considered necessary, please warehouse and insure respective goods. All charges to be for our account. |
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Collect interest at
% p.a. from
to
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Your charges are for our account. Collecting bank's charges are for drawee's account. |
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Your charges and collecting bank's charges are for Drawee's Account Our Account |
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Acceptance Payment may be deferred pending arrival of vessel carrying goods. |
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Protest for non-acceptance non-payment |
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The COF rate is applicable for the full period of days from date financing. |
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Others |
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| Please utilise against Forward Contract No. Date
for
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| It is understood and agreed that having exercised reasonable care in the selection of any correspondent to whom the above-mentioned documents may be sent for collection you shall not be responsible for any act, omission, default, suspension, insolvency or bankruptcy of any such correspondent or sub-agent thereof, or for any delay in remittance, loss in exchange or of any of the above-mentioned documents or its proceeds during transmission, or in the course of collection. Until such time as actual payment shall have been received by you, we agree and undertake to reimburse you for any advance made in anticipation of collection as well as all
disbursements made in your effort to effect the same. We further undertake to pay your collection charges if the same are not paid by the drawee.
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| We agree and hereby undertake to repay or hold you harmless and fully indemnify you on demand the amount which you have paid us together with all costs and charges which you may have incurred, if payment is not made to you by the drawee for any reasons whatsoever, including but not limited to any discrepancies in the documents.
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| We further agree that you shall assume no responsibility for the authenticity or genuineness of documents delivered to you, nor for the quantity, quality, condition, genuineness, identity, title or delivery of the goods to which the documents relate.
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| Please present documents through the collecting bank.
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| Name of drawee’s banker:
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| This Collection is subject to the Uniform Rules for Collection, ICC Publication No. 522
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| (Note: Please submit all copies of this form)
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