SWIFT INPUT: FIN 700

SENDER: NYCBHKHH

RECEIVER: BMRIIDJA

40A: FORM OF DOCUMENTARY CREDIT

IRREVOCABLE

40E: APPLICABLE RULES

UCP LATEST VERSION

31D: DATE AND PLACE OF EXPIRY

27 JUNE 2023 AT NEGOTIATION BANK’S COUNTER

50: APPLICANT
xxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

59: BENEFICIARY
PT. FAWAD TRADING AND CONSTRUCTION
GD PUSAT PERFILMAN HAJI USMAR ISMAIL 2ND FLOOR
RUANG 210 JL. HR RASUNA SAID KAV C.22, KUNINAN,
KEL. KARET KUNINGAN, KEC. SETIABUDI, JAKARTA SELATAN 12940, INDONESIA

32B: CURRENCY CODE, AMOUNT

USD 5,670,000.00

39A: PERCENTAGE CREDIT AMOUNT TOLERANCE

10/10

41D: AVAILABLE WITH …. BY ….

ANY BANK
BY NEGOTIATION

42C: DRAFT AT…

SIGHT

42A: DRAWEE
ISSUING BANK

43P: PARTIAL SHIPMENTS

NOT ALLOWED

43T: TRANSHIPMENT
NOT ALLOWED

44E: PORT OF LOADING/AIRPORT OF DEPARTURE

MUARA BERAU ANCHORAGE, EAST KALIMANTAN, INDONESIA

44F: PORT OF DISCHARGE/AIRPORT OF DESTINATION

ANY PORT(S) IN MAINLAND CHINA

44C: LATEST DATE OF SHIPMENT

30 APRIL 2023

45A: DESCRIPTION OF GOODS AND/OR SERVICES

COMMODITY: INDONESIAN STEAM (NON-COKING) COAL IN BULK
COUNTRY OF ORIGIN: INDONESIA
PACKING: IN BULK
QUANTITY: 60,000MT +/- 10%
CONTRACT NO.:
SPA_III_24_2023_60K_XXXX-FOB MV
BASE PRICE: USD 94.50 / MT FOB MUARA BERAU ANCHORAGE, EAST KALIMANTAN, INDONESIA BASIS
GROSSCALORIFIC VALUE (ARB) 5000KCAL/KG

TABLE A: SPECIFICATIONS BASED ON ISO STANDARD:

PARAMETER BASIS TYPICAL REJECTION

TOTAL MOISTURE ARB 22% NO REJECTION

INHERENT MOISTURE ADB 13% NO REJECTION

ASH CONTENT ADB 14% ABOVE 16%

VOLATILE MATTER ADB 38%-42% APPROX NO REJECTION

TOTAL SULPHUR ADB 1.6% ABOVE 1.8%

GROSS CALORIFIC VALUE ARB 5,000 KCAL/KG BELOW 4,800 KCAL/KG

HGI 45 APPROX NO REJECTION

SIZE (0-50MM) 90 % MIN NO REJECTION

FIXED CARBON ARB BY DIFFERENCE NO REJECTION

TABLE B: TRACE ELEMENTS AS PER GB STANDARD：

PARAMETER BASIS REJECTION
MERCURY (HG) DB ABOVE 0.6UG/G
ARSENIC (AS) DB ABOVE 80UG/G
PHOSPHORUS (PD) DB ABOVE 0.15%
CHLORINE (CL) DB ABOVE 0.3%
FLUORINE (F) DB ABOVE 200UG/G

PRICE ADJUSTMENT:
IF THE ACTUAL GROSS CALORIFIC VALUE (AS RECEIVED BASIS) STATED IN CERTIFICATE OF SAMPLING AND
ANALYSIS ISSUED BY PT ANINDYA WIRAPUTRA KONSULT AT LOADING PORT IS ABOVE OR BELOW 5,000 KCAL/KG
BUT NOT REACH THE REJECTION LIMIT, THE BASE PRICE FOR INVOICE PURPOSES SHALL BE ADJUSTED IN
ACCORDANCE WITH THE FOLLOWING:

ADJUSTED BASE PRICE = BASE PRICE X (ACTUAL GROSS CALORIFIC VALUE (ARB) / 5,000 KCAL/KG)

46A: DOCUMENTS REQUIRED

1. BENEFICIARY’S SIGNED AND STAMPED COMMERCIAL INVOICE IN THREE (3) ORIGINALS AND THREE (3) COPIES
FOR 100 PCT FOB CARGO VALUE BASED ON THE CERTIFICATE OF WEIGHT AND THE CERTIFICATE OF SAMPLING
AND ANALYSIS BOTH ISSUED BY PT ANINDYA WIRAPUTRA KONSULT AT LOADING PORT, INDICATING THE NAME
OF THE CARRYING VESSEL, CONTRACT NUMBER, L/C NUMBER AND DATE, B/L NUMBER AND DATE ,
DESCRIPTION OF GOODS, ACTUAL TONNAGE SHIPPED AND THE RESULTS OF TABLE A AND TABLE B IN FIELD 45A,
SHOWING THE DETAILS OF CALCULATION INCLUDING LAYTIME CALCULATION, AND DEAD FREIGHT
AMOUNT/DEMURRAGE OR DESPATCH AT LOADING PORT (IF ANY) AGREED BY BOTH PARTIES.

2. FULL SET (3/3) ORIGINAL AND 3 NON-NEGOTIABLE COPIES OF CLEAN ON BOARD CHARTER PARTY BILL(S) OF
LADING MARKED “FREIGHT PAYABLE AS PER CHARTER PARTY”, MADE OUT TO ORDER AND BLANK ENDORSED,
NOTIFYING “XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX., NO.XXX XXXXXXXXX XXXXXX, XXXX ,XXXXXXXXXXXXXX
CHINA ”.

3. ONE (1) ORIGINAL AND THREE (3) COPIES OF CERTIFICATE OF WEIGHT ISSUED BY PT ANINDYA WIRAPUTRA
KONSULT AT LOADING PORT INDICATING THE VESSEL NAME.

4. ONE (1) ORIGINAL AND THREE (3) COPIES OF CERTIFICATE OF SAMPLING AND ANALYSIS ISSUED BY PT ANINDYA
WIRAPUTRA KONSULT AT LOADING PORT SHOWING THE RESULTS OF ALL THE PARAMETERS REQUIRED IN TABLE
A SPECIFICATION UNDER FIELD 45A IN ACCORDANCE WITH ISO STANDARDS, INDICATING THE VESSEL NAME.
5. ONE (1) ORIGINAL AND THREE (3) COPIES OF CERTIFICATE OF SAMPLING AND ANALYSIS ISSUED BY PT ANINDYA
WIRAPUTRA KONSULT AT LOADING PORT SHOWING THE RESULTS OF ALL THE PARAMETERS REQUIRED IN TABLE
B TRACE ELEMENTS UNDER FIELD 45A IN ACCORDANCE WITH GB STANDARDS, INDICATING THE VESSEL NAME.

6. ONE (1) ORIGINAL AND THREE (3) COPIES OF CERTIFICATE OF ORIGIN ISSUED BY PT ANINDYA WIRAPUTRA
KONSULT AT LOADING PORT INDICATING THE VESSEL NAME.

7. ONE (1) ORIGINAL AND THREE (3) COPIES OF DRAFT SURVEY REPORT ISSUED BY PT ANINDYA WIRAPUTRA
KONSULT AT LOADING PORT INDICATING THE VESSEL NAME.

8. ONE (1) ORIGINAL AND THREE (3) COPIES OF HOLD CLEANLINESS ISSUED BY PT ANINDYA WIRAPUTRA
KONSULT AT LOADING PORT INDICATING THE VESSEL NAME.

9. ONE (1) COPY OF SIGNED AND STAMPED LAYTIME CALCULATION SHEET BOTH BY BENEFICIARY AND
APPLICANT BASED ON STATEMENT OF FACTS, STATEMENT OF FACTS SHALL BE PRESENTED ALONG WITH
LAYTIME CALCULATION SHEET.

47A: ADDITIONAL CONDITIONS

1. ALL DOCUMENTS MUST BE SIGNED, DATED AND ISSUED IN ENGLISH.
2. DOCUMENTS SHOWING ACTUAL RESULTS OF SPECIFICATION / PARAMETERS /DIFFERENT FROM THE TYPICAL
SPECIFICATION LISTED IN THIS L/C BUT WITHIN THE REJECTION LIMIT ARE ACCEPTABLE.
3. CHARTER PARTY B/L IS ACCEPTABLE, B/L MUST BE SIGNED BY THE MASTER OR VESSEL OWNER OR HIS NAMED
AGENT FOR AND/OR ON BEHALF OF THE MASTER OR VESSEL OWNER. SHIPPER AS AGENT UNACCEPTABLE.
4. SPELLING MISTAKES OR TYPOGRAPHICAL ERRORS WHICH DO NOT CHANGE THE MEANING OF THE SENTENCE
OR EFFECT THE COMMODITY, SPECIFICATION, QUALITY, QUANTITY, PRICE AND VALUE ARE ACCEPTABLE.
5. THIRD PARTY DOCUMENTS ACCEPTABLE EXCEPT COMMERCIAL INVOICE, DRAFT(BILL OF EXCHANGE)
6. BILL OF LADING SHOWING CHARTER PARTY DATE PRIOR TO THE LETTER OF CREDIT DATE AND DIFFERENT
FROM BILL OF LADING DATE IS ACCEPTABLE.
7. DOCUMENTS SHOWING ‘ANY PORT(S) IN MAINLAND CHINA’ OR 'ANY PORT IN CHINA' OR 'ANY PORT IN
MAINLAND CHINA' OR 'ANY PORT(S) IN CHINA' OR NAME OF SPECIFIC PORT(S) OF CHINA OR SIMILAR WORDING
REFLECT THE DISCHARGING PORT IN CHINA WHICH INCONSISTENT WITH L/C AND OTHER DOCUMENTS ARE
ACCEPTABLE.
8．A TOLERANCE OF +/- 10PCT ON QUANTITY AND +/- 10PCT ON CREDIT AMOUNT IS ACCEPTABLE.
9. THE TOTAL AMOUNT OF THE INVOICE SHALL BE CALCULATED TO THE NEAREST CENT. THE WEIGHT SHALL BE
COUNTED TO THE NEAREST METRIC TONNE.
10. T/T REIMBURSEMENT NOT ALLOWED.
11. CERTIFICATE OF SAMPLING AND ANALYSIS SHOWING SPECIFICATION / PARAMETERS OTHER THAN
MENTIONED IN THIS L/C ARE ACCEPTABLE.
12. PHOTOCOPY IS NOT ACCEPTABLE EXCEPT WHERE OTHERWISE SPECIFIED IN THIS LC.
13. COMBINED DOCUMENTS UNACCEPTABLE.
14. L/C UNDERDRAWN DUE TO QUALITY/PRICE ADJUSTMENT IN ACCORDANCE WITH L/C STIPULATION IS
ACCEPTABLE.
15. DOCUMENTS ISSUED EARLIER THAN L/C ISSUING DATE ARE NOT ACCEPTABLE.
16. UNLESS OTHERWISE SPECIFIED, BILL OF LADIN，CERTIFICATE OF SAMPLING AND ANALYSIS， CERTIFICATE
OF WEIGHT，CERTIFICATE OF DRAFT SURVEY，CERTIFICATE OF ORIGIN, CERTIFICATE OF HOLD CLEANLINESS,
CERTIFICATE OF ANALYSIS FOR PARAMETERS AFFECTING ENVIRONMENT MUST NOT SHOW INVOICE NO.,
INVOICE DATE, INVOICE VALUE, UNIT PRICE, VALUE OF GOODS, ANY CONTRACT NO., TRADE TERMS/PRICE TERM,
PURCHASE ORDER NO., ANY CREDIT NUMBER AND CREDIT ISSUE DATE, PAYMENT TERMS OF THIS CREDIT, NAME,
ADDRESS OF APPLICANT, NAME, ADDRESS AND RUBBER STAMP OF ANY BANK AND/OR ANY BANK'S REFERENCE
NO. AND MUST NOT IDENTIFY ANY PARTY AS BUYER, SELLER, APPLICANT AND BENEFICIARY.

22. ABBREVIATIONS
A. GROSS CALORIFIC VALUE (AS RECEIVED BASIS) EQUALS GROSS CALORIFIC VALUE (ARB) OR GCV (ARB) OR GAR
B. ADB EQUAL AIR DRIED BASIS OR AIR DRIED OR AIR DRY OR AIR DRY BASIS
C. ARB EQUALS AS RECEIVED BASIS OR AS RECEIVED
D. DB EQUAL DRIED BASIS OR DRY BASIS
E. METRIC TON EQUALS MT EQUALS TONNE EQUALS METRIC TONS EQUALS MTS EQUALS TNE EQUALS M/TONS
OR METRIC TONNE
F. PERCENT EQUALS PCT EQUALS PERCENT SYMBOL (%)
G. SULPHUR CONTENT EQUALS SULPHUR EQUALS TOTAL SULPHUR OR TOTAL SULPUR OR SULPUR OR TOTAL
SULFUR OR SULFUR
H. ASH EQUAL ASH CONTENT
I. INHERENT MOISTURE EQUALS IM EQUALS MOISTURE IN ANALYSIS SAMPLE
J. VOLATILE MATTER EQUALS VM EQUALS VOLATILE MATTERS
K. TM EQUALS TOTAL MOISTURE
L. SIZE EQUALS SIZING
M. MERCURY (HGD) EQUALS MERCURY EQUALS MERCURY (HG) EQUALS HGD OR HG
N. ARSENIC (ASD) EQUALS ARSENIC (AS) EQUALS ARSENIC EQUALS ASD OR AS
O. PHOSPHORUS (PD) EQUALS PHOSPHOROUS EQUALS PHOSPHOROUS (P) EQUALS PHOSPHOROUS (PD)
EQUALS PHOSPHORUS OR PHOSPHORUS (P)
P. CHLORINE(CLD) EQUALS CHLORINE (CL) EQUALS CHLORINE EQUALS CLD OR CL
Q. FLUORINE(FD) EQUALS FLUORINE (F) EQUALS FLUORINE EQUALS FD OR F
R. B/L EQUALS BILL OF LADING
S. UG/G EQUALS MICROGRAM/GRAM EQUALS MICROGRAM SYMBOL/G EQUALS TO PPM
T. CALORIFIC VALUE EQUALS CALORIC VALUE
U. LOADING PORT EQUALS LOADPORT EQUALS LOAD PORT EQUALS PORT OF LOADING.
V. DEG C EQUALS TO DEGREE C EQUALS TO DEG CELSIUS OR DEGREE CELSIUS SYMBOL EQUALS TO DEGREE
EQUALS TO DEGREESEQUALS TO DEGREES C
W. DISCHARGING PORT EQUALS DISPORT EQUALS PORT OF DISCHARGING EQUALS PORT OF DISCHARGE
X. HGI EQUALS GRINDABILITY OR HARDGROVE INDEX OR HARDGROVE GRINDABILITY INDEX OR HARDGROVE
GRINDABILITY OR GRINDABILITY INDEX OR (HGI)

Standard clause:
PURSUANT TO DOMESTIC AND OTHER JURISDICTIONS' LAWS, REGULATIONS AND SANCTION MEASURES, OUR
BANK MAY BE UNABLE TO PROCEED WITH THE LETTER OF CREDIT AND THEREUNDER TRANSACTION WHICH
MAY INVOLVE A BREACH OF THESE LAWS, REGULATIONS AND SANCTIONS. PLEASE ALSO NOTE THAT OUR BANK
IS NOT LIABLE OR RESPONSIBLE FOR ANY LOSS, DAMAGES, COSTS, CHARGES AND/OR EXPENSES ARISING OUT
OF OR IN RELATION TO THE OCCURRENCE OF SUCH EVENTS.

48: PERIOD FOR PRESENTATION

DOCUMENT MUST BE PRESENTED WITHIN 14 DAYS AFTER THE SHIPMENT DATE BUT WITHIN THE L/C VALIDITY

47: CHARGES
ALL BANK CHARGES OUTSIDE THE ISSUING BANK AND REIMBURSEMENT CHARGES ARE FOR ACCOUNT OF
BENEFICIARY.

49: CONFIRMATION INSTRUCTIONS

WITHOUT

78: INSTRUCTION TO THE NEGOTIATING BANK

(AS PER LC ISSUING BANK’S WORDING)