- •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
1.1 Enquiry to a container company
OAO STALTRANSIT Krivokolenny 9 Moscow Russia |
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Our ref. Your ref.
Super Containers Ltd. 02 May 20__ Thomas Heftyesgate 12 0245 Oslo, 2 Norway
Dear Sirs,
We are a large steel company and we wish to export a consignment of steel tubing, approximate weight 50 tonnes, and lengths varying from 3 to 5 metres.
This consignment is destined for RhurGold Gmbh, Hamburg. We would like you to pick up the load, transport it to Murmansk from Petrozavodsk, and then deliver it to its destination in Germany at the beginning of June.
Please let us have details of your sailings and freight charges. We can promise you regular shipments if we find the quoted rate competitive.
Yours faithfully,
AlKardashov Alexey Kardashov Export Department
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1.2 Container company’s reply
Super Containers Ltd. Thomas Heftyesgate 12, 0245 Oslo, 2 Norway |
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Our ref. Your ref.
Mr. A.Kardashov May 5, 20__ Export Department OAO STALTRANSIT Krivokolenny 9 Moscow
Dear Mr. Kardashov,
Thank you for your enquiry of May 2 which we received today. Enclosed you will find details of our rates, shipping schedules, and documents required for transportation.
We have connections throughout the world and as a result of our wide experience we can advise you on suitable packing for any type of goods you wish to export. The most suitable container for your consignment would be a 20-foot container which is 20' x 8' x 4', or in metres, 6.1 x 2.4 x 1.2. This can carry a payload of 18,300 kg. It has a solid removable top, and will protect the metal against all elements.
We would suggest that as the consignment is to be loaded from lorry to ship, and then transferred again, you should use our Combined Transport Bill which will cover the goods from point of acceptance to point of delivery. If the transaction is on a letter of credit basis, you should notify your bank that this document will be acceptable instead of the B/L.
Cont.
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Super Containers Ltd. |
Continuation sheet No. 2 |
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Please fill out the enclosed Export Cargo Shipping Instructions and the Export Cargo Packing Instructions and hand them to our driver when he calls to collect the consignment. Although we accept door-to-door responsibility, we would advise you to take an all risk insurance policy, and send a copy of this and four copies of the commercial invoice to us.
Your packing should be adequate, and the cargo marked on at least two sides with a shipping mark which includes the destination port. These marks should correspond with those on your shipping documents.
The earliest vessel due out of Murmansk for Hamburg is the MS Valkirija which sails from Tromsoe on May 20 and will arrive in Murmansk on May 23. Thus your goods may be scheduled for delivery on this vessel, ETD Murmansk May 30, ETA Hamburg June 7, which appears to suit your schedule for delivery. Please note, however, that the vessel closes for cargo on May 28.
If you want us to reserve a space on the MS Valkirija, please complete the enclosed forms and return them to us as soon as possible.
You will see from our list of tariffs that charges are calculated by cubic metre or tonne and that we offer substantial rebates for regular shipments.
Hope to hear from you soon.
Yours sincerely, Ben Solomon Ben Solomon Supervisor
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