Letter of Credit Forum

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Signed = invoice should be signed. A signature need not be handwritten.
Facsimile signatures, perforated signatures, stamps, symbols (such as
chops) or any electronic or mechanical means of authentication are
sufficient. However, a photocopy of a signed document does not qualify
as a signed original document, nor does a signed document transmitted
through a fax machine, absent an original signature.

regards,

phe9oxis,

http://www.guidebuddha.com

Signed = invoice should be signed. A signature need not be handwritten. Facsimile signatures, perforated signatures, stamps, symbols (such as chops) or any electronic or mechanical means of authentication are sufficient. However, a photocopy of a signed document does not qualify as a signed original document, nor does a signed document transmitted through a fax machine, absent an original signature.

4 copies =  it will be satisfied by the presentation of at least one original and the remaining number as copies of an invoice.

The core requirements for an invoice are as follows:

An invoice may be titled a number of ways, such as: Invoice, Commercial invoice, Customs invoice, Tax invoice, Final invoice, Consular invoice. But may not be titled as follows: Provisional invoice, Pro-forma invoice

When the LC calls for an invoice it must appear to be issued by the beneficiary to the applicant. Invoice should be made on your company letterhead paper or showing complete company name with the signature. There is no requirement for the addresses or country of the beneficiary and applicant to be mentioned in the invoice. If address is mentioned, the address need not be the same, but it must be within the same country.

The currency of the invoice must be that of the LC.

In the invoice the goods description must correspond w ith that appearing in the LC. The invoice must reflect the goods that are actually shipped.

In general it is acceptable to specify/detail the goods, but it is not acceptable to add goods not called for by the LC or to include statements that change the nature of the goods shipped.

When a trade term is part of the goods description in the LC, it must be mentioned in the invoice. When the LC mentions the source of the trade terms (e.g., Incoterms 2000), the same source must be mentioned in the invoice.

Mia Vervacke

Applicant requirment is:

Manually signed 4 copies commercial invoice with invoice value including freight charge and insurance cost upto alexandria port, egypt.

Regards,

KP