Terms for payment by documentary credit
TERMS FOR PAYMENT BY DOCUMENTARY CREDIT AT 90 DAYS AFTER SIGHT
1) D/C must be opened irrevocably by SWIFT payable at 90 days after shipment date to the bank specified below.
D/C must allow T/T reimbursement.
D/C must be confirmed (by the bank specified below).
2) All banking charges must be for the account of the applicant.
3) Terms of delivery: Ex warehouse Copenhagen, Denmark.
4) Transshipment and partial shipments must be allowed.
5) Period of presentation: Minimum 10 days.
6) Interest will be charged from receipt of the D/C until the value date of payment to the auction house. It must be a condition under the D/C that this interest amount may be drawn in excess of the D/C amount.
7) Shipment by air freight: Copy of house airway bill required
Shipment by truck: Copy of forwarding agent’s certificate of receipt required
8) Banks required:
Sydbank
Peberlyk 4 6200 Aabenraa
+45 7010 7879
info@sydbank.dk
cvr-nr: 12626509
Swift: SYBKDK22
Please state invoice number(s) in the D/C terms.
D/Cs must be opened according to Uniform Customs and Practice UCP 600.
Approved banks
DKK
Sydbank DKK 8072-0001050013
IBAN:DK1080720001050013
EUR
Sydbank EUR 8072- 0009428435
IBAN: DK0280720009428435
USD
Sydbank USD 8072-0009428443
IBAN: DK7780720009428443
Swift nr:
Sydbank: SYBKDK22
For Customers paying in RMB to Bank of China there are no changes.
TERMS FOR PAYMENT BY DOCUMENTARY CREDIT
1) D/C must be opened irrevocably by SWIFT payable at sight to the banks specified below.
D/C must allow T/T reimbursement.
D/C must be confirmed (by the bank specified below).
2) All banking charges must be for account of applicant.
3) Terms of delivery: Ex warehouse Copenhagen, Denmark.
4) Transshipment and partial shipments must be allowed.
5) Period of presentation: Minimum 10 days.
6) It must be a condition under the D/C that interest from prompt-day until value date of payment to the auction house may be drawn in excess of the D/C amount.
7) Shipment by air freight: Copy of house airway bill required
Shipment by truck: Copy of forwarding agent's certificate of receipt required
8) Bank required:
Sydbank
Peberlyk 4 6200 Aabenraa
+45 7010 7879
info@sydbank.dk
cvr-nr: 12626509
Swift: SYBKDK22
Please state invoice number(s) in the D/C terms.
D/Cs must be opened according to Uniform Customs and Practice UCP 600.