{"id":240,"date":"2018-01-15T05:48:46","date_gmt":"2018-01-15T10:48:46","guid":{"rendered":"http:\/\/www.letterofcredit.biz\/?p=240"},"modified":"2025-02-09T17:56:06","modified_gmt":"2025-02-09T22:56:06","slug":"confirmed-letter-of-credit-sample","status":"publish","type":"post","link":"https:\/\/www.letterofcredit.biz\/index.php\/2018\/01\/15\/confirmed-letter-of-credit-sample\/","title":{"rendered":"Confirmed Letter of Credit Sample"},"content":{"rendered":"\n

Confirmation<\/a> <\/strong>means a definite undertaking of the confirming bank, in addition to that of the issuing bank, to honour or negotiate a complying presentation.<\/p>\n\n\n\n

Confirming bank<\/strong><\/a> means the bank that adds its confirmation to a credit upon the issuing bank’s authorization or request.<\/p>\n\n\n\n

If a confirming bank adds its confirmation to a letter of credit, the credit becomes a confirmed l\/c.<\/p>\n\n\n\n

On today’s post, I am going to share a confirmed letter of credit sample, which is issued in a swift format.<\/p>\n\n\n\n

Recently I have explained the reasons why I have started to put sample letters of credit on my website.<\/p>\n\n\n\n

Please read my previous post titled \u201cSample Letters of Credit \u2013 Part I\u201d \u201cIntroduction to working with a letter of credit sample\u201d<\/strong><\/a> to understand pros and cons of lc samples.<\/p>\n\n\n\n

I also highly recommend you read \u201cSample Letters of Credit \u2013 Part II\u201d \u2013 \u201cGuidelines How to read sample letter of credit texts on my web site\u201d<\/strong><\/a> before starting to study my irrevocable deferred payment letter of credit sample.<\/p>\n\n\n\n\n\n\n\n

Important Note: <\/strong>Below letter of credit sample was actually issued in Senegal. The letter of credit was confirmed by the confirming bank in France and transmitted to the advising bank in Germany via MT 710 swift message. As a result, some fields stated on below l\/c sample are different than ordinary MT700 swift message.<\/p>\n\n\n\n

Confirmed Letter of Credit Sample<\/h2>\n\n\n\n

5 October 2017 Thursday
\n16:35:58
\n—————————–Instance Type and Transmission<\/strong> ——————————-<\/p>\n\n\n\n

Original received from SWIFT<\/strong>
\nPriority\/Delivery : Normal
\nMessage Output Reference : 1325 171005ISBKTRISAXXX1730315229
\nCorrespondent Input Reference : 1225 171005BCMAFRPPAXXX7608112228
\n————————————-Message Header<\/strong> —————————————–<\/p>\n\n\n\n

Swift OUTPUT FIN 710 Adv of Third Bank’s Doc Credit<\/p>\n\n\n\n

Sender :<\/strong> BCMAFRPPXXX
\nATTIJARIWAFA BANK EUROPE-PARIS
\nPARIS FR<\/p>\n\n\n\n

Receiver :<\/strong> DEUTDEFFXXX
\nDEUTSCHE BANK AG TAUNUSANLAGE 12 99999
\nFRANKFURT GERMANY<\/p>\n\n\n\n

—————————————Message Text<\/strong>——————————————–<\/p>\n\n\n\n

27 : Sequence Of Total<\/strong><\/span>
\n1\/1<\/p>\n\n\n\n

40 B : Form Of Documentary Credit<\/span><\/strong>
\nIRREVOCABLE
\nADDING OUR CONFIRMATION<\/p>\n\n\n\n

20 : Sender’s Reference<\/strong><\/span>
\nLCE27108<\/p>\n\n\n\n

21 : Documentary Credit Number<\/strong><\/span>
\nCIX00003306<\/p>\n\n\n\n

31 C : Date Of Issue<\/strong><\/span>
\n170928<\/p>\n\n\n\n

40 E : Applicable Rules<\/strong><\/span>
\nUCP LATEST VERSION<\/p>\n\n\n\n

31 D : Date And Place Of Expiry<\/strong><\/span>
\n180110PARIS<\/p>\n\n\n\n

52 A : Issuing Bank<\/strong><\/span>
\nCBAOSNDAXXX
\nCOMPAGNIE BANCAIRE DE L’AFRIQUE OCCIDENTALE
\nDAKAR SN<\/p>\n\n\n\n

50 : Applicant<\/strong><\/span>
\nAB MEDICAL EQUIPMENT
\nLIBERTE 5 VILLA NR 1000
\nBP 16002 \/ DAKAR FANN
\nSENEGAL<\/p>\n\n\n\n

59 : Beneficiary Customer<\/strong><\/span>
\nKOCHEN MEDICAL GMBH
\nWOLF KOCHEN
\nMAYER STR. 55 D-44888 BOCHUM GERMANY<\/p>\n\n\n\n

32 B : Currency Code ,Amount<\/strong><\/span>
\nCurrency : EUR (EURO)
\nAmount : #26.780,00#<\/p>\n\n\n\n

39 B : Maximum Credit Amount<\/strong><\/span>
\nNOT EXCEEDING<\/p>\n\n\n\n

41 A : Available With…By…<\/strong><\/span>
\nBCMAFRPPXXX
\nBY DEF PAYMENT<\/p>\n\n\n\n

42 P : Deferred Payment Details<\/strong><\/span>
\n90 DAYS FROM BILL OF LADING DATE<\/p>\n\n\n\n

43 P : Partial Shipments<\/strong><\/span>
\nALLOWED<\/p>\n\n\n\n

43 T : Transhipment<\/strong><\/span>
\nALLOWED<\/p>\n\n\n\n

44 E : Port Of Loading\/Airport Of Departure<\/strong><\/span>
\nANY PORT IN GERMANY<\/p>\n\n\n\n

44 F : Port Of Discharge\/Airport Of Destination<\/strong><\/span>
\nDAKAR PORT SENEGAL<\/p>\n\n\n\n

44 C : Latest Date Of Shipment<\/strong><\/span>
\n171010<\/p>\n\n\n\n

45 A : Description of Goods and\/or Services<\/strong><\/span>
\n+”MEDICAL EQUIPMENT” AS PER PROFORMA INVOICE NR 20170906 DATED 2017\/09\/06 CFR DAKAR PORT SENEGAL INCOTERMS 2010<\/p>\n\n\n\n

46 A : Documents Required<\/strong><\/span><\/p>\n\n\n\n

    \n
  1. COMMERCIAL INVOICE<\/li>\n\n\n\n
  2. FULL SET OF ORIGINAL CLEAN ”SHIPPED ON BOARD” BILLS OF LADING ISSUED TO THE ORDER OF CBAO GROUPE ATTIJARIWAFA BANK, NOTIFY APPLICANT, MARKED ”FREIGHT PREPAID” AND EVIDENCING ISSUING BANK REFERENCE ”CIX00003306”<\/li>\n\n\n\n
  3. PACKING LIST<\/li>\n<\/ol>\n\n\n\n

    71 B : Charges<\/strong><\/span>
    \nALL BANKING CHARGES OUTSIDE SENEGAL ARE FOR THE ACCOUNT OF THE BENEFICIARY<\/p>\n\n\n\n

    48 : Period for Presentation<\/strong><\/span>
    \n21 DAYS<\/p>\n\n\n\n

    49 : Confirmation Instructions<\/strong><\/span>
    \nWITHOUT<\/p>\n\n\n\n

    78 : Instructions to the Paying\/Accepting\/Negotiating Bank<\/strong><\/span><\/p>\n\n\n\n

      \n
    1. WE UNDERTAKE TO HONOUR EACH COMPLYING PRESENTATION AS PER THE BENEFICIARY \/ PRESENTING BANK INSTRUCTIONS AS PER LC TERMS<\/li>\n\n\n\n
    2. DOCUMENTS MUST BE SENT BY DHL OR SIMILAR TO: ATTIJARIWAFA BANK EUROPE –

      6 RUE CHAUCHAT 75009 PARIS FRANCE<\/li>\n\n\n\n
    3. THIS L\/C IS SUBJECT TO U.C.P.D.C. (2007 REVISION) I.C.C. PUBLICATION NO. 600.<\/li>\n<\/ol>\n\n\n\n

      72 : Sender To Receiver Information<\/strong><\/span>
      \n+PLEASE ACKNOWLEDGE RECEIPT INDICATING THE WAY\/DATE\/HOUR OF ADVISING
      \n———————– Message Trailer<\/strong> ——————————<\/p>\n\n\n\n

      {MAC:00000000}
      \n{CHK:435606AC4D32}<\/p>\n\n\n\n

      \n
      <\/div>\n\n\n\n

      \u00d6ZG\u00dcR EKER (CDCS)<\/strong><\/p>\n\n\n\n

      Letter of Credit Consultancy Services<\/strong><\/p>\n\n\n\n

      \n
      Contact us<\/a><\/div>\n<\/div>\n\n\n\n
      <\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

      Confirmation means a definite undertaking of the confirming bank, in addition to that of the issuing bank, to honour or negotiate a complying presentation. Confirming bank means the bank that adds its confirmation to a credit upon the issuing bank’s authorization<\/p>\n","protected":false},"author":1,"featured_media":253,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60,19,54],"tags":[82,20],"class_list":["post-240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-confirmed-letter-of-credit","category-samples","category-letter-of-credit-types","tag-confirmation","tag-sample-letter-of-credit"],"_links":{"self":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/comments?post=240"}],"version-history":[{"count":0,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media\/253"}],"wp:attachment":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media?parent=240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/categories?post=240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/tags?post=240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}