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一、根据下列合同条款及审核要求审核英国伦敦米兰银行来证SALESCONTRACTContractNo.:055756Date:21st.July2005Seller:ShanghaiCerealsandOilImp.&Exp.CorporationBuyer:ABCCompanyLimited36-36KannonStreetLondonU.K.CommoditiesandSpecification:ChineseWhiteRiceLong-shapedBrokenGrains(Max):5%Admixture(Max):0.25%Moisture(Max):15%Quantity:30000metrictonswith10%moreorlessattheseller’soptionPacking:Packedingunnybagsof50kgeachUnitPrice:USD400perM/TFOBstowedShanghaigrossfornetAmount:USD12000000(SAYTWELVEMILLIONONLY)Shipment:duringOct./Nov.2005fromShanghaitoLondonwithpartialshipmentandtransshipmentisallowedInsurance:TobecoveredbythebuyerPayment:ByIrrevocableL/CpayableatsightfornegotiationinChinawithin15daysaftertheshipmentMidlandBankLtd.,LondonAug.18th,2005AdvisingBank:Applicant:ABCCompanyLtd.BankofChinaShanghaiBranchBeneficiary:Amount:NotexceedingUSD12000000ShanghaicerealsandoilImp.&Exp.Corp.Shanghai,ChinaDearSirs,AttherequestofABCCo.Ltd.,London,weherebyissueinyourfavorthisrevocabledocumentarycreditNo.219307whichisavailablebynegotiationofyourdraftat30daysaftersightforfullinvoicevaluedrawnonusbearingtheclause:“DrawnunderdocumentarycreditNo.219307ofMidlandBankLtd.,”accompaniedbythefollowingdocuments:1.Signedcommercialinvoicein3copies.2.Fullsetof2/3cleanonboardbillsofladingmadeouttoorderandblankendorsedmarked“FreightPrepaid”andnotifyapplicant.3.CertificateoforiginissuedbyAQSIQ.4.Insurancepolicyforfullinvoicevalueplus10%coveringallrisksandwarrisksasperICCdatedJan.1st,1981.5.Inspectioncertificateissuedbyapplicant.6.Beneficiary’scertificatefaxtoapplicantwithin24hoursaftershipmentstatingcontractnumber,creditnumber,vesselnameandshippingdate.Covering30000metrictonsChineseWhiteRiceLong-shapedBrokenGrains:5%Admixture:0.25%Moisture:15%AtUSD400.00perM/TFOBShanghai,packedinplasticbags.ShipmentfromChineseporttoLondonduringOct./Nov.2005Transshipmentisprohibited,partialshipmentprohibited.ThiscreditisvalidfornegotiationbeforeDec.15th,2005inLondon.SpecialConditions:Documentsmustbepresentedfornegotiationwithin5daysafterthedateofissuanceofthebillsoflading,butinanyeventwithinthiscreditvalidity.Weherebyundertaketohonoralldraftsdrawninaccordancewiththetermsofthiscredit.TheadvisingbankiskindlyrequestedtonotifythebeneficiarywithoutaddingtheirconfirmationforMidlandBankLtd.,London.ItissubjecttotheUniformCustomsandPracticeforDocumentaryCredit(1993Revision),InternationalChamberofCommercePublicationNO.500.信用证主要有以下不符点:1信用证金额未考虑溢短装条款,如果溢装,则会出现单证不一致,故金额应该为”。2信用证性质不符合合同的要求,将Revocable改成Irrevocable。3汇票的付款期限有误,应将at30daysaftersight改为15。4运输条款有误,因合同规定采用FOB贸易术语,因此,运费条款“FreightPrepaid”应改为“FreightCollect”。5删除保险条款。由于合同规定采用FOB贸易术语,故不应该有出口方提供保险单。6检查条款应当删去,“InspectionCertificateissuedbyapplicant”因为是信用证软条款。或者改为“InspectionCertificateissuedbybeneficiary”7信用证没有溢短装条款规定,而合同有,故要加上“30000m/twith10%moreorlessattheseller’option”。8信用证对规格的描述,没有采用品质机动幅度,应改为“ChineseWhiteRiceLong-shapedBrokenGrains:5%Admixture:0.25%Moisture:15%。9贸易术语FOB后漏掉:“stowed”,应加上。10包装条款有误,合同规定gunnybags,而信用证却规定为plasticbags,应改为“gunnybags”。11重量的计算方法“以毛作净”在合同里有规定,而信用证漏掉了这一条款,应补上“grossfornet大写”。12装运港有误,信用证中笼统规定为Chineseport,而采用FOB贸易术语,其后一定要采用具体的港口,按照合同,应该为Shanghai。13分批装运和转船规定与合同不符,“prohibited”“allowed大写”应将改为。14信用证议付有效期地点有误,根据国际贸易惯例,信用证议付有效期地点应在受益人所在国,在这笔业务中应该是Shanghai而不是NewYork。15信用证议付有效期规定不符合国际惯例,应将在提单出单后5天交单改为“15”。SIGNATURES二、根据所给信用证回答问题FROM:INDUSTRIALBANKOFJAPAN,LIMITED,TOKYOTO:BANKOFCHINA,SHANGHAISQUENCEOFTOTAL:27:1/1FORMOFDOC.CREDIT:40A:IRREVOCABLEDOCU.CREDITNO.:20:ILC136107800DATEOFISSUE:31C:051015DATENPLACEOFEXP.:31D:051215INTHECOUNTRYOFBENEFICIARYAPPLICANT:50:ABCCOMPANY,1-3MACHIKUSTREET,OSAKA,JAPANBENEFICIARY:59:SHANGHAIDASHENGCO.,LTD.UNITC2/FJINGMAOTOWER,SHANGHAI,CHINA.CURRENCYCODE,AMOUNT:32B:USD21240.00AVAILABLEWITH/.BY...41D:BANKOFCHINABYNEGOTIATIONDRAFTSAT...:42C:SIGHTFOR100PCTINVOICEVALUEDRAWEE:42D:THEINDUSTRIALBANKOFJAPAN,HEADOFFICEPARTIALSHIPMENT:43P:ALLOWEDTRANSSHIPMENT:43T:NOTALLOWEDLOAD/DISPATCH/TAKING:44A:SHANGHAITRANSPORTATIONTO...:44B:OSAKA/TOKYOLATESTDATEOFSHIPMET:44C:051130DESCRIPGOODS/SERVICE:45A:4,000PCS“DIAMOND”BRANDCLOCKARTNO.791ATUSD5.31PERPIECECIFOSAKA/TOKYOPACKEDINNEWCARTONSDOCUMENTSREQUIRED:46A:IN3FOLDUNLESSOTHERWISESTIPULATED:1.SIGNEDCOMMERCIALINVOICE.2.SIGNEDPACKINGLIST.3.CERTIFICATEOFCHINESEORIGIN.4.BENEFICIARY’SCERTIFICATESTATINGTHATONESETOFORIGINALSHIPPINGDOCUMENTSINCLUDINGORIGINAL“FORMA”HASBEENSENTDIRECTLYTOTHEAPPLICANT.5.*COPYOFTELEXFROMAPPLICANTTOSUPPLIERSAPPROVINGTHESHIPPINGSAMPLE.6.INSURANCEPOLICYORCERTIFICATEENDORSEDINBLANKFOR110PCTOFCIFVALUE,COVERINGW.P.ARISKSANDWARRISKS.7.2/3PLUSONECOPYOFCLEAN“ONBOARD”OCEANBILLSOFLADING,MADEOUTTOORDERANDBLANKENDORSEDMARKED“FREIGHTPREPAID”ANDNOTIFYAPPLICANT.ADDITIONALCONDITION:47A:ALLDRAFTSDRAWNHEREUNDERMUSTBEMARKED“DRAWNUNDERINDUSTRIALBANKOFJAPAN,LTD.,HEADOFFICE,CREDITNO.ILC136107800DATEDOCT.15,2005”ANDTHEAMOUNTOFSUCHDRAFTSMUSTBEENDORSEDONTHEREVERSEOFTHISCREDIT.T/TREIMBURSEMENTISNOTACCEPTABLEDETAILSOFCHARGES71B:ALLBANKINGCHARGESOUTSIDEJANPANAREFORBENEFICIARY’SACCOUNTPRESENTAIONPERIOD48:DOCUMENTSMUSTBEPRESENTEDWITHIN15DAYSAFTERTHEDATEOFISSUANCEOFTHESHIPPINGDOCUMENTSBUTWITHINTH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