(‫


א א  ) א אא‬
Documentary Letter of Credit Issuance Application (Irrevocable)

 „ ‚ƒ  ­€‫אא‬
/ / / /
Branch G H Date

‫  אאא‬:‫א‬
To: Alinma Bank


/‫ כ‬
We, Company/Establishment
‫Šˆאא‬
With main offices located at
.…‫ א•א€ ”“א’ א א   א אא ‘ אŽאאŒ Šא‹Š‰ א ˆ‡ אא‬- –‫“ כ‬
Kindly request the Bank to issue an irrevocable Documentary Letter of Credit according to the data and conditions set out below.
‫€– אא א‬
Documentary Letter of Credit No.

Beneficiary ¥ ‫א‬ Type of Documentary Letter of Credit ‫ˆ אא א‬

–
‫אא‬ ­ˆ ‫א‬

Name Transferable
¯¨¡
Confirmed
™‫א¡ˆא‬ “‫œ„ א‬ ¥ ‫א‬ :’‫א€­¸ א¡¨­¨  ‘א‬²
Address Applicant Beneficiary Confirmation expenses borne by
™‫‡ א‬
Standby
¤
­Ž‫א¨ א‬ ’.¦ Œ‫ אŠ€א‬ €‫Šא‬
Postal Code P.O. Box Number of Cycles Revolving
š
§‫אכ‬¥‫€– א‬ ™ˆ¥‫€– א‬  ¡‫­Ÿ “  א‬ ‫­Ÿ žœא›א‬
Fax Telephone Upon customer’s request Automatically Renewed
£Š‫אŽ­ אאכ‬ £ ‫ žאכ‬ £ ‫žאכ‬
E-mail Non-Cumulative Cumulative

Method of Shipment ‹‫­œ א‬ The Documentary Letter of credit will be sent by “
‫­
 אא א א  ˆא‬
š š š
‫ˆא‬± ‫א‬ ‫א‬ ¯‫אŽ­ א א‬ »¥­ˆ‫€– א‬ »¥­ˆ‫א‬
Air Truck Sea Express mail Swift No. Swift
(­‫ א‬±­) ¼”‫א‬ (œ‫כ )­½  א‘¼ כאŒ א‬
Others (plaese speecify) Courier service (insert courier name)
‹  ­€‫א” žא‬ (­‫ א‬±­) ¼”‫א‬
Last date of shipment Other (Please specify)
‫ א¿א ¬ אא א‬ ­€‫žא‬ ¹ º
®Ž ‫אŽכ א‬
Documentary Letter of Credit expiry date
Advising Bank
‫כא™ א¿א אא א‬
Documentary Letter of Credit expiry place ­ˆ¡‫א€­¸ אŽכ ”א€¶ אŽכ אž
אא א אŠ ”א€¶ א כ א¡ א‬² ‫ א‬° ±
 :‹‫א‬ :’‫ ‘א‬
From Shipment All banking expenses outside issuing Bank and Saudi Arabia, shall be borne by:
“‫œ„ א‬ ¥ ‫א‬
Applicant Beneficiary
‫א‬ ‫  אא א‬
To Currency of Letter of Credit
š
‫€ א‬ ‫Ž® אא א‬
š In numbers Amount of Letter of Credit
‫­ˆא‬ ´‫žœ­– א אŒ ”א‬ ‫כא‬
Days Documents to be provided within
In Words
‹‫ א‬ ­€‫ žא‬
From the date of shipment

Method of payment ° ‫­œ א‬

š
± ‫ א    אא א א‬²”  ³­ ‫אŠ´ א אŒ  אא‬ ± ´ˆŽ ‫אא‬
By negotiating the documents without including deduction from the deferred credit Deferred Acceptance At Sight
2.13.1.266

Transshipment ‹‫אא¬ א‬ Partial Shipment £›¨Ÿ‫א‹ א‬ Tolerance in the credit amount ‫žŸאŠ¯ Ž® אא א‬

ª «ˆ   ª «ˆ  ª «ˆ   ª «ˆ  (-/+) Ž ª «ˆ  ª «ˆ  

%
Not allowed allowed Not allowed allowed allowed by (+/-) Not allowed
 Delivery Terms ‫א אא‬

(‫א )
 א‬ ‫א א א  אא‬ ‫א א  א‬ ‫   אא‬
Others (please specify) CIF CFR FOB

Goods (brief description without details) (›’— ³‫אšא )¸ 
·  ¡א‬

Required documents to be provided by the Beneficiary ¡Š”‫ א‬ª™‫ ® ›”ƒא א‬ª”‫א”Šא¯ א‬

 ‡„ ‫ אˆ ƒא‬,‰Š‹ Œ‫א ’‘  Žא‬/‫א‬

Invoice/s in three signed originals, one of which must be certified by
 ”‘
and approved by
¶ ‫  א א אšא‬,‫ אˆ ƒא „‡  א« אא‬,‰Š‹ Œ‫  Žא‬,‫ ƒא— א‬
Certificate of Origin, in three originals, one of which must be certified by the Chamber of Commerce, stating that the goods originate form

 “‘ ”•‫’א‬
Packing list(s) issed by
‫ ŽאŒ ‹Š‰ א   „א¯ א א† א  א† ¡´א¯ א— א‬³’‫” כא   אאא‡ א”‘ › אšא šœ   אא‬
A complete set of documents relating to the goods including at least three originals of the clean onboard sea bill of lading to the order of

 ‫… „ ƒא; אא‬  ‫  א א
 א‬,µ‫   א‬

Must be collected; and notify Prepaid blank endorsed, stating that the freight is
 ‫  א א
 א‬,Ÿ ‫ א כ‬³’‫’‘  אא‬ ‫„ 
† א  א— א‬
Prepaid signed by the courier or its agent, stating that the freight is Original Air bill of lading to the order of
 ‫… „ ƒא; אא‬
Must be collected; and notify
‫ א א
 א‬,‫  א אšא ™  א‬,ˆ‫Ž›  אא‬
Truck Consignment Note stating that the goods are consigned to Alinma Bank and that the freight is
 ‫… „ ƒא; אא‬ 
Must be collected; and notify Prepaid
 —‫אž Š œ šא א‬
delivery note issued by
ª™‫’© א‬
and signed by
.ŸŠ¡‹ —‫ ‘”  אא”א‬,£10 Š‹ + ‫„ א ) ƒא— א( א „¨ אא‹”א א›” אכא   ¡א‬
Insurance policy or certificate in the name of Alinma bank for the full invoice value + 10%, in the currency of the Documentary letter of credit.
.†
.† £10 Š‹+CIF :‫„ א ”© ’” אšא‬
Air Sea Insurance policy for the full invoice value CIF + 10%
.¯‫א אא¬אא‬ª‫א‬ .®‫א א‬ª‫א‬ .(‫א  אšא )„ א “ א‬ª‫
”© א‬ ª« ‫א¬א‬
strike risks. war risks all shipment risks (Cargo Clause A) Added insurance coverage for
:(‫א א )
 א‬ª‫א‬ .†‫א א א‬ª‫א‬ .†‫א א א‬ª‫א‬ .†‫א א א‬ª‫א‬
other risks (please identify) sea shipment risks air shipment risks truck shipment risks.

- claims are paid, upon occurrence, in the Kingdom of Saudi Arabia. .—‘Š‫ א”” כ א‘ א‬° -‫ˆא ˆ„ƒא‬- ¯‫אא‬ª”‫ Š— א‬-
2.13.1.266

- If the goods are sent by FOB or CFR; they shall be insured by the applicant.  ‫( א )  א א‬FOB ‫ אžא כא א™א אšא•© )   אא‬-
.… ª‫ א‬²› ³’  ‫(; œ אא‬CFR ‫א‬
 …”‫ א†א‬ †›‫א‬
Shipment in Container
ª « «
,‘¦Š‫ א‰ˆא
א‬,Ò‫ )­¦ א©אכ‬ʗ‫® ”œאא‬°¿‫ א‬£‡ ¡‫ —¸
א‬,œ©Œ‫ א‬  ­€ ‫¨א‬Á ‫ א¨א‬  ‘°È‫¯ אא‬ž‫ א‬³° ¾€° :…”‫ ‘ א‬ †›‫‘ א א‬
.Ž‫א†א‬/…ÓŠ‰‫… א‬Í‫ ¦א‬  ­  (Ò‫כ‬°‫א‬
In case of shipments in containers, a certificate issued by the Beneficiary stating that a label with the name and fax number, cable address and telex
of the applicant along with a copy of packing list(s) of contents must be affixed to the inside part of the container door.
.
є ‫¨א‬Á
Weight certificate
§œ‰‫ א‬  …œ‫ א¸א‬À”Á :ÇÈ‫ŒˆאŽ א‬
Additional conditions by the customer Other documents

 †›‫אאŽ א‬
Shipping marks

CONDITIONS À”›‫א‬

1. Unless otherwise stated, this Documentary Letter of Credit will be subject to ‫ א    
א כ; א
א אאא  א א‬.1
the UCP of the Documentary Letters of Credit (revised version 2007) issued by the
International Chamber of Commerce (Publication 600) or any subsequent
amendments, without prejudice to Shariah rules.
  ­‫( א€א‬2007 …†‡ˆ …‰Š‹) …ˆŒ‫”אאא אŠ‰… ‘ אאאאŽ א‬
•‫ ”כ א א א‬,…‡‫( א” א˜ —‰אŽ א‬600 ­›ˆ) …œ”‫אŸ… אžא­… א‬
.…œ‫ א›‰… אא¡א‬£‫אכא‬
2. As the Bank will open this Documentary Letter of Credit, the Customer œ¥ …œ¦  §œ‰‫ א€ ©
א אאא; ‡ —‰¨ א‬£‫ ‡א§ ¦œא‬.2
undertakes to pay the value of all documents and promissory notes drawn under ª «
€‫א‰œ§ א‬ ¬” ,‫® א אאא‬¥ …†Œ‫אŒˆאŽ ”אכŠœאאŽ א‬
this Documentary Letter of Credit; and the Customer hereby authorizes the Bank
to debit the Customer’s account by the amounts of such documents and notes, ˆ ¯‫ ¡א‬,Ž‫כ אŒˆאŽ א” אכŠœאא‬°— ±‫ א‰œ§ Šא‬²‫ Œא‬³° œ‡
‫א‬
upon provision or maturity, along with all relevant fees, including the expenses Ž‫ א ‘ כ א€”א‬,‫‡… ¨א‬°‰‫ א‬£¡‫œ א‬¥  ,µ‫א‡ א” אא¡†‡א‬
«
incurred by the Bank from the payment date, to the Beneficiary or the negotiating ³” ,”‫Œ©œ א” א€ אא‬° ‫ —א­¶ א‬  ‫ ”כ‬,€‫א‘ —כŠא א‬
bank, until the date of payment of such amounts by the Customer to the Bank. .€° ±‫כ אŠא‬°— §œ‰‫—א­¶ ¡א א‬
·
3. In case the Customer applies to open a Standby Letter of Credit, whether ‫® א‰œ§ 
אא ¸א
; ¡א¯ ‹Š‡א א ”אאא א‬°‹ ‫ ‘ א‬.3
according to the UCP of Documentary Letters of Credit (revised version 2007)
issued by the International Chamber of Commerce (Publication 600) or any …œ”‫… אžא­ א‬º   ­‫( א€א‬2007 …†‡ˆ …‰Š‹) …ˆŒ‫אאאŽ א‬
subsequent amendments, or the International Practices of the Standby Letters of
‫ א” אא­¡אŽ א”œ… אאאŽ אא‬,…‡‫( א” א˜ —‰אŽ א‬600 ­›ˆ)
Credit (Version 1998), issued by the International Chamber of Commerce ;…‡‫( א” א˜ —‰אŽ א‬590 ­›ˆ) …œ”‫… אžא­ א‬º   ­‫( א€א‬1998 …‰Š‹)
(Publication 590) or any subsequent amendments, the Customer is obliged to
adhere to the terms and conditions of that publication regarding his application. ¾‫ ””א‬.®°¿‫ כ אˆ›­ œא  כ א‬À”Á” £‫ א‰œ§ אכא‬£Â‫‡ א‬
The Customer also agrees to accept any claims on the Bank arising as a result of ‫ א€ א; אא‬£‫א‬Â‫ א€ כˆœž… א‬³° Ž‫ ¦Š א˜ ¿אŠא‬³° §œ‰‫א‬
the Bank’s payment liabilities if such claims reconcile with the Standby Letter of …‰›‫ א‬£‫ ”כ א א א• אכא‬,
‫כ א¿אŠאŽ ¿א‡… אא אא‬°— ō‫כא‬
Credit, without prejudice to Shariah rules.
.…œ‫אא¡א‬
4. In case the required documents do not include the insurance policy or
certificate, the Customer undertakes to provide an insurance policy or certificate ;( œ‫¨א —א‬Á)  œ‫ œ€… —א‬³° §›— ‫… א‬°¿‫ אŒˆאŽ א‬ō‫ אא כא‬.4
accepted by the Bank, issued in the name of the Bank within fifteen (15) days from €‫ א‬Ç …Š‡ ( œ‫¨א —א‬Á)  œ‫‡ —‰¨ א‰œ§ ‡ œ€… —א‬
the date of this application, in the value of CFR + at least 10%. If the Customer ·
fails to provide an insurance policy, the Bank is entitled to open an insurance ¯‫ ‡œ… )œˆא‬,®°¿‫ —א­¶ א א‬  ‫Œ… › א‬È· ‫א‬È €‫”א­ א¡ א‬
policy at the Customer’s own cost, although the Bank is not obliged to take such ;‫ כ‬  §œ‰‫• א‬°— ‫ ”אא‬,§¦‫ אא‬³° É 10 ‫( אא אœ¨א‬CFR  œ‫א ”
—א‬
action.
‫ א‬°‰‫  א‬,…‫ ©‡… א‰œ§ אא‬³°  œ‫ אא‬£‡
‫€ א‬° ¾† ʍ‫א‬
5. If the agent or correspondent bank providing notification of the arrival of the .¯‫א‬¥‫ א—א א אא‬£Â°
Ë œº €‫א‬
Documentary Letter of Credit are in the USA, the Customer authorizes the Bank,
as the Bank may consider appropriate, to accept insurance policies according to ‘ ‘€ §¡‫ ‹¾ ”כœ§ א” א‬  œ¡ ‫‰א­ א אאא‬Á‫ אא כא
א‬.5
American insurance conditions on the goods. €‫ א‬Ì‫ ‡ ¬ א‰œ§ א€ ”ŒŠא א‬,…œ‫אאאŽ א† אאכ‬ ·
6. The Customer authorizes the Bank to insert any additions to the documents .Í‫ אŠא‬³° …œ‫ אאכ‬ œ‫ אא‬À”Á ®¥  œ‫ א
‡Š§ œ€אŽ אא‬,‫ˆא¡Šא‬
mentioned under this Documentary Letter of Credit if it finds it necessary for the
compliance of this Documentary Letter of Credit, in form and substance, with any ®¥· ­‫ אŒˆאŽ ·אכ‬³° Ž‫א א˜ א¸אא‬È‫ ¬ א‰œ§ א€ א‬.6
government laws and regulations, although the Bank is not obliged to take such ˜‫ א‬-‫כא א” א‬Á- ‫ אאא‬£‫א‬Â‫ ”א‘ אא א€ ¸”­… א‬,‫א אאא‬
action. .¯‫א‬¥‫ א—א א אא‬£Â° œº €‫ א
א‬°‰‫  א‬,…œ‫ כ‬ œ‫… ”¦א‬΍‫א‬
Ë
7. The Customer certifies that the Beneficiary is not subject to boycott, nor is he
under commercial embargo, and that the goods described in this application are ¯‫… א‰א‬Í‫ ¦א‬³° Ï­ ”‫ א‬,…‰‹‫‡א‬° ¸‫א‬È œº œ©Œ‫ —‰¨ א‰œ§ א
א‬.7
2.13.1.266

not forbidden or banned. ”‫œ ˆ… א‬º ®°¿‫ אŠœˆ… ‘ א א‬Í‫ ”א

אŠא‬,¨‰ §‫­ א‰א‬Ά‫א‬
.­Ά
8. The Customer undertakes to provide the Bank with a valid import license or an
equivalent, upon demand.
‫Š¨א א” א‬°‹ ‫€… א¡œא ¡א­… א©‰; א‬È­ €° £‡
‫ —‰¨ א‰œ§ א‬.8
.‫¨א‬°Ð‫א‬
 9. In case the Customer’s account is denominated in a different currency than  ,‫ 
א אא  א א
  אאא א אא‬.9
that of the Documentary Letter of Credit, the Customer authorizes the Bank to
pay the documents’ value in the currency of the Documentary Letter of Credit and ‫ א אא‬ ­ ,‫ƒ ‚ €  אא  אאא‬ ‫„ א
א‬
to deduct the equivalent amount from his account at the exchange rate . …‫ƒ אאˆ 
‡א† א‬ ‫ א א
ƒ א‬
prevailing on the deduction date.
­‫ ­אŽ Œ‹Š א‬,‘“‫א •א‬ ‫ ­אאא א‬,Š–‫  א
­­א› š א™ ˜—א א‬.10
10. The Customer is informed and agrees that this application and the ¦
Documentary Letter of Credit issued according to it, and any withdrawal(s), will  €‫ƒ­¡ "א‡Ÿא€  א א אאˆא“ " א‬¢­ £‫Œ‹א; Œ ­א אכא‬
be carried out pursuant to the terms and conditions of the Credit Facilities . ƒ–‫א‬
Agreement signed by the parties.
11. In the event of any difference in meaning or translation, the Arabic text shall ­‫  א© אƒ
˜ א© א ‘; 
א ­¨ אא 
אš א‬.11
prevail. .ªƒ‫א‬
The Customer acknowledges that he has read the General Conditions for ›‫ ­­א‬,"‫א€ƒ א
א“‘ א®‚ š "א•ƒ­¡ אא א«א אאאא א‬
Documentary Letter of Credit Issuance and has agreed on all of its contents
without any reservations, and has signed it on the following date †‫כ א‬° š ‚€­­ ,‫א‬±Ÿ‹‡ Ž‫ ‚ א ­  א ­™ א‬ª š

The Customer also affirms that these conditions are an integral part of the credit .‫א  ®Š א«א ˜—א אאא‬³´ ‫ א‬µ³ª ‫כא ­א› š א“א‬
issuance application.

Customer Details ‫ א“א א

®אŠ · אאא‬
‫€ א‹א‬
‫אŒ א‬
Account No. Customer Name

¸‡‫€ אא‬
Telephone No.
‚ €‫א‬ ¹‫€ אŸאכ‬
Signature Fax No.
2.13.1.266