- •Banking 1 documentary credit
- •1.1 The importer applies to the bank for opening the credit
- •1.2 The buyer places an order and informs the seller of the opening of the l/c
- •1.3 The seller receives the order and confirms it
- •1.4 The bank advises the seller that the credit is available (I.E. Confirms the credit)
- •1.5 The seller sends the documents to the bank
- •Documentary credit part II
- •2.1 The buyer replies to the seller’s request to prolong the time of delivery and discusses amendments to the l/c
- •2.2 The buyer advises the bank of the amendment agreed upon with the seller
- •3.1 The buyer informs the seller of discrepancies in the documents
- •3.2 The buyer advises the seller of payment and asks to comply with the requirements of the credit
- •4 The bank advises the buyer of payment
- •Part II
- •Vocabulary
- •Part II
- •Part II
- •Banking 2 documentary collection. Some aspects of commercial banking
- •1.1. The collection order of a bank
- •1.2 Documents are presented for collection
- •1.3 A collection order is not acknowledged
- •1.4 Returning the accepted drafts
- •1.5 Payment guarantee granted by the bank
- •2 Letter of guarantee
- •2.1 Correspondance on letter of guarantee
- •2.2 Payment guarantee granted by the bank
- •2.3 Performance guarantee granted by the bank
- •Part II
- •3 Some aspects of commercial banking
- •3.1 Opening a current account
- •3.2 Problems on standing order
- •3.3 Request for an overdraft
- •3.4 Advice of granting an overdraft
- •Vocabulary
- •Part II
- •Part II
- •Transportation
- •1.1 Request for a quotation for delivery by road
- •Quotation for delivery by road
- •1.3 Advice of delivery from consignor to consignee
- •1.4 Waybill
- •2.1 Delivery by rail
- •2.2 Consignor's reply
- •2.3 Railway bill
- •3.1 Delivery by air. Enquiry for freight rates
- •3.2 Quotation for delivery by air
- •3.3 Airway bill
- •1.4 Waybill
- •2.3 Railway bill
- •3.3 Airwaybill
- •Consignment; to consign
- •Vocabulary
- •Marine transportation
- •Request for freight rates and sailings
- •Shipping company’s reply
- •1.3 Shipping instructions sent to a shipping company
- •1.4 Instructions to a forwarding agent
- •1.5 Advice of despatch
- •1.6 Bill of lading
- •2.1 Telex enquiry for a time-charter
- •2.2 Enquiry for a time-charter
- •2.3 Offer of a vessel for carrying ore
- •2.4 Shipbroker’s reply confirming the fixture of a vessel
- •2.5 General charter
- •1.6 Bill of lading
- •2.5 General charter
- •Liner vs tramp
- •Cargo, freight, load
- •Shipping conference
- •Baltic Exchange
- •Loading dates
- •Vocabulary
- •Packing and marking
- •1.1 Enquiry to a container company
- •1.2 Container company’s reply
- •2.1 Customer’s instructions to packer
- •2.2 Packer’s information to customer
- •3 Information about marking
- •Barrel, cask, hogshead, keg
- •2. Paint vs dye
- •3. Stevedore, stevedores
- •Vocabulary
- •Contract of carriage
- •Carnet; tir Carnet; tir; cmr
- •Vocabulary
- •Insurance
- •Request for marine insurance quotation
- •1.2. Quotation for marine insurance
- •1.3. Claim
- •1.4. Reply to claim
- •2.1. Request for open cover
- •2.2. Quotation for open cover
- •2.3 Notification of shipment under open cover
- •Indemnification vs indemnity
- •Average
- •Average adjuster, average adjustment
- •4. Assessor
- •5. Underwriter
- •6. Interest
- •Vocabulary
Request for freight rates and sailings
JV SINGRUSTORG
PO 789-99 Magenta Plaza 67-K8 Singapore
Our ref. Your ref.
North Eastern Shipping Lines 3 July, 20__
31-45 Orchard Road
Singapore
Dear Sirs,
We are about to make up an order for our customer. We intend to ship a consignment of office equipment from Singapore to Vladivostok. The consignment consists of 50 NG 2010 Computers, 50 HP TJ Printers, 50 QU Copiers and special furniture and accessories which have been packed into 10 wooden crates marked Vladivostok measuring 3 x 2 x 2 metres and weighing 560 kg each. The invoice value is $456,000.00.
Could you please inform us which vessels are available to reach Vladivostok before September, 1, and kindly quote us freight rates for the voyage.
We shall also be glad to know time of transit and frequency of sailings, and whether cargo space must be reserved; if so, please send us the necessary application forms. Please advise us of the loading dates and let us know on which day the ship closes for cargo.
Shipped, clean Bs/L, in a set of 3, are to be made out “to order”, and are required by 22 August for delivery to Delta Bank, under the requirements of a LC.
Your prompt reply will be appreciated.
Yours faithfully,
Alice Donnik
Alice Donnik
Senior Sales Manager
Shipping company’s reply
NORTH EASTERN SHIPPING LINES 31-45 Orchard Road Singapore
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Our ref. Your ref.
Ms A.Donnik 5 July, 20__ JV SINGRUSTORG PO 789-99 Magenta Plaza 67 K8 Singapore
Dear Ms Donnik,
Thank you for your enquiry of 3 July. Enclosed you will find details of the NEA Shipping Lines sailings for July-August from Singapore to Vladivostok. To the itinerary we have attached our sailing card for the MV Orion, which loads at the Raffles Docks.
The MV Orion will be accepting cargo from 1 August to 7 August inclusive, and is expected to commence loading on 3 August. We suggest that your goods should be delivered on the opening date.
We sail once a fortnight, and as Vladivostok is our fifth port of call the voyage takes about 10 days. So she is due in Vladivostok on 20 August.
As we can quote favourable groupage rates our freight rate for crated consignments is $45.00 per metric tonne or 10 cubic metres, at steamer’s option.
We enclose our shipping instructions form and will be glad if you will fill this in and return it to us as soon as possible.
Hope to hear from you soon.
Yours sincerely, Tony Lee Tony Lee Supervisor |
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