QUESTIONS:

SuperTech Solutions S.A.C.

SuperTech Solutions S.A.C. (STS), established in 2003 in Lima, Peru, began as a small IT solutions
provider offering computer maintenance services and software solutions. As the digital evolution in
Peru advanced, SuperTech spotted an increasing demand for high-end, affordable laptops suitable
for both professionals and the growing segment of gamers.
By 2010, STS had expanded its operations and opened three retail outlets across Lima,
selling both hardware and software. Their business strategy has always been about identifying gaps
in the market, and after rigorous market research in 2022, they identified a demand for Huawei
laptops, known for their sleek design and efficient performance.
Official Name: SuperTech Solutions S.A.C.
Business Type: Sociedad Anónima Cerrada (S.A.C.)
Established: 2003
Headquarters: Lima, Peru
CEO: Francisco Valverde Garcia
STS always works with Banco de Lima
Annual Turnover (2022): $8 Million
Employees: 65 (Including salespeople, technicians, administrative staff, and logistics team)
Import Details:
Product: Huawei Laptops
Quantity: 500 laptops
Unit Price: 3,300 CNY
Delivery Terms: CIF
Shipping: If agreed upon, Huawei can ship the laptops today.
Delivery Time: The laptops will arrive at Lima's port in 45 days.
Huawei always work with ICBC in Shanghai.
Given the large sum involved in the transaction, both SuperTech and its bankers must follow
all required KYC and AML processes. This would include tracking the source of funds, ensuring
transparency in all transactions, and reporting any suspicious activities.
The company will pay 30% in advance and the balance with a LC at 60 from the BL.

1. Explain the commercial risk associated with this case. (3 points)

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2. Find the commissions and fees the company has to pay. (5 points)

3. Fill the following table. (3 points)

Discrepancy Yes/No Description

- Expired L/C

- Late Presentation

- Late Shipment

- Overdrawn Credit

- Short Drawing

- Over shipment effected

- Short Shipment / partial

shipment effected

- Other

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4. Could the company use Docs Against Acceptance? Explain. (3 points)

5. If the company received the NATE 17 laptop. Is that a discrepancy? How can they solve it? (2
points)

6. What is the deference among the SWIFT 700, 701, 720, 721? (2 points)

7. What is the difference between a Kosher and a Halal certification (2 points)

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---------------------------------------------------------Message Header ----------------------------------------------------------------
Swift Output : FIN 700
Sender : BPPLPEPLXXX
BANCO DE LIMA
LIMA, PE
Receiving Bank : BARCGB22
BARCLAYS BANK PLC
LONDON, UK

-----------------------------------------------------------Message Text ------------------------------------------------------------------

27: Sequence of total 1/1
40B: Form of Documentary Credit IRREVOCABLE TRANSFERIBLE
20: Transferring Bank's Reference LSJ2000578
21: Documentary Credit Number M086403
31C: Date of Issue 231121
31D: Date and Place of Expiry 231231 IN CHINA
52A: Issuing bank BPPLPEPLXXX
BANCO DE LIMA
LIMA, PE
50: Beneficiary HUAWEI
BANTIAN LONGGANG DISTRICT SHENZHEN, 518129, CH
LIMA - PERU
32B: Currency Code, Amount Currency : USD (US DOLLAR)
Amount : #193,500.00#
39A: Percentage Credit Amount Tolerance 05/05
41B: Available With ... By ... ANY BANK, BY NEGOTIATION
43P: Partial Shipments PROHIBITED
43T: Transshipment PROHIBITED
44A: Place of Taking in Charge/Dispatch from .../ Place of Receipt SHANGHAI, CH
44B: Place of Final Destination/Transportation to/ Place of Delivery CALLAO, PE
44C: Latest Date of Shipment 231225
45A: Description of Goods and/or Services
500 MATE 16 NOTEBOOK WITH A WINDOWS 11 LAPTOP WITH A 15.60-INCH DISPLAY THAT HAS A
RESOLUTION OF 1366X768 PIXELS. IT IS POWERED BY A CORE I5 PROCESSOR AND IT COMES WITH 8GB OF
RAM. THE HP NOTEBOOK PACKS 256GB OF SSD STORAGE.
GRAPHICS ARE POWERED BY INTEL HD GRAPHICS 620. CONNECTIVITY OPTIONS INCLUDE WI-FI 802.11 AC AND
IT COMES WITH 3 USB PORTS (1 X USB 2.0), HDMI PORT, MULTI CARD SLOT, HEADPHONE AND MIC COMBO
JACK, RJ45 (LAN) PORTS.
PRICE: USD 443,40
TERMS OF DELIVERY: F A S CHIMBOTE - INSURANCE TO BE COVERED BY BUYERS
46A: Documents Required
+ SIGNED COMMERCIAL INVOICE, 4-FOLD
+ CERTIFICATE OF WEIGHT, 2-FOLD, ISSUED BY SGS DEL PERU
+ GENERALIZED SYSTEM OF PREFERENCES, CERTIFICATE OF ORIGIN, FORM A, (COMBINED
DECLARATION
AND CERTIFICATE), EVIDENCING ' P ' AS WELL AS CUSTOMS TARIFF NO. ' 230120000 ' UNDER POINT 8
ALL CERTIFICATES EXCEPT COMMERCIAL INVOICE AND BILLS OF LADING, SHOWING ISSUING DATE UP
TO 10 BUSINESS DAYS BEFORE OR AFTER DATE OF BILLS OF LADING ARE ACCEPTABLE
47A: Additional Conditions
PLEASE FORWARD DOCUMENTS TO TRANSFERRING BANK:
ATT EXPORT DEPT
REPUBLICA DE PANAMA 3411 FLOOR 1, SAN ISIDRO, LIMA, PERU
IF REQUESTED BY BENEFICIARIES YOU MAY ADD YOUR CONFIRMATION.
IN THIS CASE CONFIRMATION CHARGES ARE FOR BENEFICIARIES ACCOUNT.
-----------------------------------------------------------Message Trailer ---------------------------------------------------------------

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 End of message
BILL OF LADING – NON-NEGOTIABLE
SHIPPER B of L NO.

NAME MSC
ADDRESS 248 Yangshupu Road
CITY / STATE / ZIP CN - 200082 CHINA
SID NO.

SHIP TO CARRIER NAME MSC NATELJS

NAME SuperTech Solutions S.A.C. TRAILER NO.

ADDRESS Riviera Navarrete 153 SERIAL NOS.

CITY / STATE
/ ZIP Lima, PE
CID NO.

THIRD PARTY FREIGHT CHARGES BILL TO SCAC

NAME PRO NO.

ADDRESS

CITY / STATE / ZIP

TELEPHONE

SPECIAL INSTRUCTIONS FREIGHT CHARGE TERMS

Freight charges prepaid unless marked otherwise.

PREPAID COLLECT THIRD PARTY

CUSTOMER ORDER NO. NO. OF PKGS WGT PALLET / SLIPbill of lading with attached
Master ADDITIONAL SHIPPER
underlying bills of INFO
lading.
500 Y N
Y N
Y N
Y N
TOTAL
HANDLING UNIT PACKAGE LTL, ONLY
QTY TYPE QTY TYPE WGT HM (X) DESCRIPTION OF ARTICLES, SPECIAL MARKS & EXCEPTIONS NMFC NO. CLASS
500 HUAWEI NATE 16 LAPTOP

Where the rate is dependent on value, shippers are required to state specifically in writing the agreed COD AMOUNT $ 221,699.70 USD
or declared value of the property as follows: “The agreed or declared value of the property is
specifically stated by the shipper to be not exceeding _______________ per _______________. FEE TERMS

COLLECT PREPAID CUSTOMER CHECK

NOTE: Liability limitation for loss or damage in this shipment may be applicable. See 49 USC § 14706(c)(1)(A) and (B).
The carrier shall not make delivery of this shipment without payment of charges
Received, subject to individually determined rates or contracts that have been agreed upon and all other lawful fees.
in writing between the carrier and shipper, if applicable, otherwise to the rates,
classifications, and rules that have been established by the carrier and are available to the SHIPPER SIGNATURE
shipper, on request, and to all applicable state and federal regulations.

SHIPPER SIGNATURE & DATE CARRIER SIGNATURE & PICK-UP DATE TRAILER LOADED
BY SHIPPER
231230
BY DRIVER
This is to certify that the above-named materials are properly Carrier acknowledges receipt of packages and required placards. FREIGHT COUNTED
classified, packaged, marked, and labeled, and are in proper condition Carrier certifies emergency response information was made available
BY SHIPPER
for transportation according to the applicable regulations of the DOT. and/or carrier has the DOT emergency response guidebook or
equivalent documentation in the vehicle. Property described above is BY DRIVER/PALLETS
received in good order, except as noted. SAID TO CONTAIN
BY DRIVER PIECES

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 Exchange rates
11 November 2023 Bid Ask
EUR/USD 1.0564 1.0680
USD/EUR 0.8347 0.8490
GBP/USD 1.2257 1.2472
USD/GBP 0.7157 0.7269
USD/CAD 1.2419 1.2529
CAD/USD 0.7981 0.8052
USD/CHF 0.9029 0.9244
CHF/USD 1.0818 1.1075
USD/JPY 108.65 110.75
JPY/USD 0.0090 0.0092
AUD/USD 0.7348 0.7563
USD/AUD 1.3222 1.3609
USD/PER 3.7625 3.8275
PER/USD 0.2423 0.2462
USD/CNY 7.4425 7.4725
CNY/USD 0.1545 0.1552

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 BANCO DE LIMA

Incoming international wire transfer fee

(USD)
Up to 3,000 USD 24.00 USD
From 3,001 to 10,000 USD 36.00 USD
Min: 200USD Max: USD plus SWIFT +
More than 10,001 USD 0.50% 500USD Charges
Outgoing international wire transfer fee
(USD)
Up to 3,000 USD 29.00 USD
From 3,001 to 10,000 USD 39.00 USD
Min 100 USD Max USD plus SWIFT +
More than 10,001 USD 0.25% 500 USD Charges
Incoming Documentary Collecion fee
(USD)
Collection management
Up to 100,000.00 USD 0.50% Min 80 USD USD
Min 300 USD Max USD plus SWIFT +
More than 100,000.00 USD 0.30% 1,000 USD Charges
At payment Charges
USD plus SWIFT +
At deferred payment 82.00 Charges
Maintenance 50.00 USD
Amortization 70.00 USD
USD plus SWIFT +
Amendment 120.00 Charges
Outcoming Documentary Collecion fee
(USD)
Collection management
Up to 50,000.00 USD 0.33% Min 70 USD USD
Min 200 USD Max USD plus SWIFT +
More than 100,000.00 USD 0.25% 600 USD Charges
Aval 60.00
USD plus SWIFT +
At deferred payment 82.00 Charges
Maintenance 50.00 USD
Amortization 70.00 USD
USD plus SWIFT +
Amendment 120.00 Charges
SWITF 22.00
Charges 12.00

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 £
Outgoing Transactions – Transfers
Domestic Transfer in local Currency
(Electronic) 75.00 £
International Transfer (Electronic) Min 20£ Max
up to 10,000£ 0.50% 200£ £ + SWIFT
International Transfer (Electronic) Min 100£ Max
more than 10,000£ 0.40% 500£ £ + SWIFT
Incoming Transactions – Transfers
Receiving transference in local
Currency (Electronic) 38.00 £
Documentary Collection (Incoming)
Advising / Settlement / Document
handling 0.25% Flat or min 120 £ + SWIFT
At Payment The internationals transfer Fees
Flat or min 200 £ + Courier
Dishonoured Inward Bills 0.25% Charges
Transfer of Bills to Another Bank / Flat or min
Party 0.125% 120 £
Flat or min
Avalisation Charges 0.25% 200 £
Amendment of Collection
Instructions 200.00 £
Documentary Collection
(Outcoming)
Advising / Settlement / Document
handling 0.60% Flat or min 120 £ + SWIFT
At Payment The internationals transfer Fees
Flat or min 200 £ + Courier
Dishonoured Inward Bills 0.25% Charges
Transfer of Bills to Another Bank / Flat or min
Party 0.125% 120 £
Flat or min
Avalisation Charges 0.25% 200 £
Amendment of Collection
Instructions 300.00 £

SWIFT 28.00 £
rggrege

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