B1: OUTGOING SWIFT HEADER 1

000000000000000000
B2: RECEIVER’S BIC CODE
XXXXXXXXXXXXX
27: SEQUENCE OF TOTAL
1/1
40A: FORM OF DOCUMENTARY CREDIT
IRREVOCABLE
20: DOCUMENTARY CREDIT NUMBER
XXXXXXXXXXXXX
31C: DATE OF ISSUE
DDMMYYYY
40E: APPLICABLE RULES
UCP LATEST VERSION
31D: DATE AND PLACE OF EXPIRY
DDMMYYYY IN INDONESIA
50: APPLICANT
FLY GLOBAL COMMERCE PTE LTD
7500A, BEACH ROAD, NO. 16-320 THE PLAZA,
SINGAPORE 199591
59: BENEFICIARY
XXXXXXXXXXXXX
XXXXXXXXXXXXX
XXXXXXXXXXXXX
32B: CURRENCY CODE, AMOUNT
USDX,XXX,XXX.00
39A: PERCENTAGE CREDIT AMOUNT TOLERANCE
10/10
4ID: AVAILABLE WITH ...BY ....
ANY BANK IN INDONESIA
BY NEGOTIATION
42C: DRAFTS -
LC AT SIGHT
42D: DRAWEE
XXXXXXXXXXXXXXXXXXXXXX
43P: PARTIAL SHIPMENTS
NOT ALLOWED
43T: TRANSHIPMENT
NOT ALLOWED
44E: PORT OF LOADING/AIRPORT OF DEPARTURE
ANY PORT IN INDONESIA
44F: PORT OF DISCHARGE/AIRPORT OF DESTINATION
ANY PORT IN CHINA
44C: LATEST DATE OF SHIPMENT
DDMMYYYY
45A: DESCRIPTION OF GOODS AND/OR SERVICES
xxxxx MT(+/-10PCT) OF INDONESIA STEAM COAL (NON COOKING COAL) IN BULK
BASE PRICE: USD XXXX PER MT FOB NAMED LOAD PORT, INDONESIA BASIS NCV (ARB) XXXX
KCAL/KG

WITH THE FOLLOWING TYPICAL SPECIFICATIONS:

AS PER ISO STANDARDS: ON AIR DRIED BASIS (ADB), UNLESS OTHERWISE SPECIFIED

PARAMETERS TYPICAL REJECTION LIMIT

TOTAL MOISTURE (AS RECEIVED BASIS IN PCT) BELOW XX PCT ABOVE XX PCT
INHERENT MOISTURE (AIR DRIED BASIS IN PCT) XX PCT
ASH CONTENT (AIR DRIED BASIS IN PCT) BELOW X PCT ABOVE X PCT
VOLATILE MATTER (AIR DRIED BASIS IN PCT) BELOW XX PCT
FIXED CARBON (AIR DRIED BASIS IN PCT) BY DIFFERENCE
TOTAL SULPHUR (AIR DRIED BASIS IN PCT) BELOW XX PCT ABOVE XX PCT
NET CALORIFIC VALUE (AS RECEIVED BASIS) XXXX KCAL/KG BELOW XXXX KCAL/KG
SIZE (0-50MM) XX PCT MIN
HGI ABOVE XX BELOW XX

TRACE ELEMENTS TO BE ISSUED BY AN INDEPENDENT LOAD PORT SURVEYOR ON GUO BIAO (GB)
STANDARDS.
PARAMETERS TYPICAL REJECTION LIMIT
MERCURY (HG) DB ABOVE XX µG/G
ARSENIC(AS) DB ABOVE XX µG/G
PHOSPHOROUS(P) DB ABOVE XXXX PCT
CHLORINE(CL) DB ABOVE XXX PCT
FLUORINE(F) DB ABOVE XXX µG/G

46A: DOCUMENTS REQUIRED:

1. ONE ORIGINAL AND THREE COPIES OF THE SELLER’S COMMERCIAL INVOICE FOR THE ENTIRE QUANTITY
WITH PRICE ADJUSTMENTS BASED ON THE LOAD PORT CERTIFICATES OF SAMPLING AND ANALYSIS
ISSUED BY AN APPOINTED INDEPENDENT SURVEYOR.
2. FULL SET (3/3) OF ORIGINAL CLEAN ON-BOARD OCEAN BILLS OF LADING, MADE OUT TO ORDER AND
BLANK ENDORSED, MARKED "FREIGHT PAYABLE AS PER CHARTER PARTY" AND NOTIFY THE APPLICANT.
3. ONE (1) ORIGINAL AND TRIPLICATE OF CERTIFICATE OF ORIGIN (FORM E) ISSUED BY THE GOVERNMENT
AUTHORITY IN INDONESIA.
4. ONE ORIGINAL AND TWO (2) COPIES EACH OF CERTIFICATE OF ORIGIN, ISSUED BY AN APPOINTED
INDEPENDENT SURVEYOR AT LOAD PORT
5. ONE (1) ORIGINAL AND TWO (2) COPIES EACH OF CERTIFICATE OF SAMPLING AND ANALYSIS ISSUED BY
AN APPOINTED INDEPENDENT SURVEYOR AT THE PORT OF LOADING
6. ONE (1) ORIGINAL AND TWO (2) COPIES OF CERTIFICATE OF WEIGHT ISSUED BY AN APPOINTED
INDEPENDENT SURVEYOR AT THE PORT OF LOADING
7. ONE (1) ORIGINAL AND TWO (2) COPIES EACH OF CERTIFICATE OF DRAFT SURVEY ISSUED BY AN
APPOINTED INDEPENDENT SURVEYOR AT THE PORT OF LOADING.
8. ONE ORIGINAL AND TWO (2) COPIES OF CERTIFICATE OF ANALYSIS ON TRACE ELEMENTS, ISSUED BY AN
APPOINTED INDEPENDENT SURVEYOR AT LOAD PORT.
9. ONE ORIGINAL AND TWO (2) COPIES OF CERTIFICATE OF ANALYSIS FOR GROSS CALORIFIC VALUE (MAF)
AND PHOTOPERMEABILITY TRANSMITTANCE (PM), ASH (DB) AND SULPHUR (DB) ISSUED AN APPOINTED
INDEPENDENT SURVEYOR AT LOAD PORT

47A: ADDITIONAL CONDITIONS

1. ALL DOCUMENTS MUST BE ISSUED IN ENGLISH LANGUAGE DATED AND SIGNED.
2. CHARTER PARTY BILL OF LADING IS ACCEPTABLE.
3. TOLERANCE IN VALUE UP TO 10% PLUS OR MINUS AND QUANTITY UP TO 10% PLUS OR MINUS IS
ALLOWED
4. ALL BANKING CHARGES OUTSIDE THE ISSUING BANK INCLUDING REIMBURSING CHARGE ARE FOR
ACCOUNT OF BENEFICIARY.
5. DOCUMENTS MUST BE PRESENTED WITHIN 21 DAYS AFTER THE DATE OF SHIPMENT BUT WITHIN
THE VALIDITY OF THE CREDIT.
6. MISSPELLING AND/OR TYPING ERRORS THAT DO NOT AFFECT THE MEANING OF A WORD OR
SENTENCE IN WHICH IT OCCURS, DO NOT MAKE A DOCUMENT DISCREPANT.
7. THIRD PARTY DOCUMENTS ACCEPTABLE EXCEPT INVOICE, DRAFT AND BENEFICIARY’S CERTIFICATE.
8. SHIPMENT EARLIER THEN L/C ISSUANCE DATE IS ACCEPTABLE.
9. ACTUAL ANALYSIS RESULTS ARE ACCEPTABLE IF DIFFERENT FROM TYPICAL BUT WITHIN THE
CONFINES OF REJECTION LIMITS.
10. OVERDRAWN OR UNDERDRAWN DUE TO PRICE AND QUANTITY ADJUSTMENT ACCEPTABLE
11. BILL OF LADING SHOWING CHARTER PARTY DATE WHICH MAY BE PRIOR TO THE DATE OF LC AND/OR
DIFFERENT FROM BILL OF LADING DATE IS ACCEPTABLE.
12. BILL OF LADING AND OTHER DOCUMENTS REQUIRED AS STIPULATED IN 46A SHOWING NOTIFY
PARTY AND/OR CONSIGNEE NOT AS PER APPLICANT NAME AND ADDRESS IS ACCEPTABLE.
13. INSURANCE WILL BE COVERED BY ULTIMATE BUYER.
14. TT REIMBURSEMENT NOT ALLOWED.
15. UNLESS OTHERWISE STIPULATED IN THE CREDIT, ALL DOCUMENTS EXCEPT DRAFT, COMMERCIAL
INVOICE AND BENEFICIARY CERTIFICATE MUST NOT INDICATE CONTRACT NUMBER AND DATE, NVOICE
NUMBER AND DATE, VALUE OF GOODS, UNIT PRICE, TRADE TERM, THIS L/C NUMBER AND DATE,
NAME OF ISSUING BANK, BENEFICIARY, APPLICANT AND OTHER BANK'S STAMP, ALL BANK'S NAME
AND THEIR REFERENCE NUMBER INCLUDING ISSUING BANK, NEGOTIATING BANK AND ADVISING BANK.
16. LATE PRESENTATION OF DOCUMENTS ARE NOT ALLOWED.
17. DOCUMENTS WITH DISCREPANCIES IF ACCEPTED, A DISCREPANCY FEE OF USDXX.00 WILL BE
CHARGED AND DEDUCTED FROM PROCEEDS WHILE EFFECTING REMITTANCE.
18. PRICE ADJUSTMENT:
NET CALORIFIC VALUE (ARB)
IF THE ACTUAL NET CALORIFIC VALUE (ARB) IS ABOVE OR BELOW XXXX KCAL/KG BUT NOT BELOW XXXX
KCAL/KG AS RECEIVED BASIS AT THE LOADING PORT, THE FOLLOWING FORMULA SHALL APPLY:
ADJUSTED PRICE:
INVOICE PRICE = FOB PRICE/MT X ACTUAL NCV (ARB) KCAL/KG / XXXX KCAL/KG

SHOULD THE NET CALORIFIC VALUE (ARB) IS BELOW XXXX KCAL/KG AS RECEIVED BASIS AT THE
LOADING PORT, THE ISSUING BANK AND APPLICANT HAVE A NEGOTIATION TO DOCUMENTS.
71B: CHARGES
ALL BANK CHARGES INCURRED AT BENEFICIARY’S BANK ARE FOR BENEFICIARY’S ACCOUNT. ALL
BANK CHARGES INCURRED AT APPLICANT’S BANK ARE FOR APPLICANT’S ACCOUNT

48: PERIOD FOR PRESENTATION

WITHIN 12 DAYS AFTER THE DATE OF SHIPMENT DATE BUT WITHIN THE VALIDITY OF THIS CREDIT

49: CONFIRMATION INSTRUCTIONS

WITHOUT

78: INSTRUCTION TO THE PAYING/ACCEPTING/NEGO

1. UPON RECEIPT AT OUR COUNTERS OF DOCUMENTS ISSUED IN STRICT COMPLIANCE WITH THE
TERMS AND CONDITIONS OF THIS CREDIT, WE WILL REMIT PROCEEDS IN ACCORDANCE WITH
YOUR INSTRUCTIONS AT SIGHT.

2. DOCUMENTS ARRIVE AT OUR COUNTER OF IMPORT DEPT. AFTER 3:00PM DAILY OR ON HOLIDAY,
THE DATE OF RECEIPT WILL BE CONSIDERED AS ON NEXT WORKING DAY.

3. EXCEPT SO FAR AS OTHERWISE EXPRESSLY STATED HEREIN, THIS LETTER OF CREDIT IS SUBJECT
TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS, 2007 REVISION,
INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO. 600.