Presented to

Prof. Muhammad Akram

Presented by
Iram Zulfiqar
Roll no:
430

Import case study

Importer name:
A.B.C. ltd.
Importer bank:
Soneri bank
Exporter name
Kyuing-In synthetic corporation
Exporter bank
Shinhan bank

Documents required

Application form
Letter of credit
Commercial invoice
Performa invoice
Packing list
Certificate of origin
Bill of lading

Application form

This application form is submitted by

importer to his bank for the request of
opening LC in favor of exporter with the
description and quantity of goods as per
sales agreement.

Issued
by:
Application
form
PerformaKyung-in synthetic
corporation.
From:
Busan port Korea
To:
Karachi
Amount of credit:
U.S. dollar 83875.00
H.S.Code:
3204.1600
Performa invoice no:
KIPC150402-1
Date:
02-04-2015

Letter of credit

A letter of credit abbreviated as L/C stands at the

centre of international commercial transaction.
Issued by the bank at the request of the importer.
The letter of credit states that the bank will pay a
specified sum of money to exporter.

Performa of letter of
credit
Receiver:
Shinhan bank
Form of document:
IRREVOCABLE
Document credit no:
40020001002311
Date of issue:
01-06-2015
Date and place of expiry:
08-06-15
Korea.
Currency code and amount:
U.S. dollar
83875

Draft at:
SIGHT
Drawee:
Soneri bank ltd
Partial shipment:
Allowed
Transshipment:
Allowed
Port of loading:
Busan seaport Korea
Port of discharge:
Karachi seaport
Pakistan
Documents required:
Packing list
Bill of lading
Certificate of origin

Commercial invoice

Commercial invoice is drawn up by the seller on his

business letter head.
It contains full detail of transaction including:
Full name and address of consignee.
Quantity.
Quality.
Unit price.
Total price of the goods.

Commercial
invoice
No and date of invoice:
KIEX150424-9
24-04-2015
No and date of L/C:
40020001002311
06-04-2015
Port of loading:
Busan seaport Korea
Final destination:
Karachi seaport
Pakistan
L/C issue in bank:
Soneri bank.

Performa invoice

Performa invoice is a memorandum of the term of

the contract of sale in which the seller gives the
quotations to the buyer about;
Price
Quality.
Terms and conditions of sale and supply.

Performa invoice

Partial shipment:
Allowed
Transshipment:
Allowed
Port of loading:
Busan seaport korea
Port of discharg:
Karachi seaport Pakistan
Time of shipment:
Within 45 days after receive
of your signed contract.
Packing:
20kg or 25kg net carton box.
Payment:
L/C at sight.
Insurance:
To be covered by buyer.

Packing list

These documents set out the details of packing of

goods but they do not necessarily give details of the
cost or price of goods.
The specification list may also give the details of the
cost of price of goods.

Packing list
Packing:
20kg or 25kg net
carton box.
Total CTN:
146
Total quantity :
3585
No and date of invoice:
KIEX150424-9
24-04-2015

Port of loading:
Busan seaport
korea
Port of discharg:
Karachi seaport
Pakistan
Term of payment :
At sight

Certificate of origin

It is a signed statement that certifies to the buyer

about the country in which the exported things were
produced.
This certificate is issued by the chamber of
commerce or governmental organization.

Certificate of origin
The Lahore chamber of
commerce and industry.
Marks and numbers:
146 curtains.
Number and kind of
packages:
FCL
Description of goods:
146 CTN containing.
Gross weight:
3087kgs.

Bill of lading

It is a document issued by the shipping companies

confirming receipt of the describe goods from the
consigner, for their shipment to a named port of
destination on specified terms and conditions.

Bill of lading
Performa
Packing:
20kg or 25kg net
carton box.
Total CTN:
146
Total quantity :
3585
No and date of invoice:
KIEX150424-9
24-04-2015