Page 1 of 2 CBD/Trade Operations Dept. st 550 S. Western Ave., 1 Floor, Los Angeles, CA 90020 Tel:(213)387-3200 Fax:(213)389-8255 SWIFT:BWILUS66 FOR BANK USE ONLY L/C No : APPLICATION FOR IRREVOCABLE COMMERCIAL LETTER OF CREDIT DATE ADVISING BANK APPLICANT BENEFICIARY LATEST SHIPPING DATE: EXPIRATION DATE & PLACE Documents to be presented within days after the date of shipment but within the validity of the credit AMOUNT SHIPPING TERM (+/- %) FOB/FCA CIF/CIP EXW Others PARTIAL SHIPMENT SHIPMENT From ALLOWED C&I CFR/CPT TRANSHIPMENT PROHIBITED ALLOWED PROHIBITED To Credit available by beneficiary's draft(s): drawn on Wilshire Bank for At Sight days after Sight Days after B/L Date % of the invoice value, accompanied by the following documents marked "X " Signed commercial Invoices in originals(s) and Copies certifying that goods are in accordance with Buyer’s Purchase Order No. __________ Dated _________________, Packing list in originals(s) and Copies, Full set of Clean on Board Ocean or Multimodal Transport Bills of Lading, made out To the order of Wilshire Bank To order of shipper, blank endorsed others Air waybill consigned to Wilshire Bank others Railroad/Truck Bill of Lading Consigned to Marked Freight : Prepaid Collect Marked Notify : Applicant Page 2 of 2 CBD/Trade Operations Dept. st 550 S. Western Ave., 1 Floor, Los Angeles, CA 90020 Tel:(213)387-3200 Fax:(213)389-8255 SWIFT:BWILUS66 Insurance policy or certificate in duplicate, blank endorsed for 110% of the invoice value, stipulating that claims are payable in the currency of the draft and also indicating a claim settling agent in U.S.A. Insurance must include: Institute Cargo Clause: All Risks, Institute War Clauses, Customs Invoice in originals(s) and copies Certificate of Origin in originals(s) and copies Inspection certificate in originals(s) and copies Institute S.R.C.C. Clauses issued by Other document: COVERING: SPECIAL CONDITIONS: This L/C is transferable. All banking charges other than those of issuing bank are for account of Beneficiary Applicant Others: I/we acknowledge and agree that acceptance of this Application by the Bank does not constitute a commitment or agreement by the Bank to issue or open the letter of credit described in this Application and that the opening of the letter of credit is subject to approval by the Bank and receipt by me/us of such approval. I/we further acknowledge and agree that the issuance of the letter of credit described in this Application, or as amended by agreement between the parties hereto, if approved by the Bank, will be governed by the terms and conditions set forth in that certain Master Commercial Letter of Credit Agreement dated as of ________________, 20___, and executed by Applicant and Bank (“Master Agreement”), the terms and conditions of which are incorporated herein by this reference, and which terms shall supersede the terms and conditions of this Application to the extent that the terms of the Master Agreement are inconsistent herewith. The terms of this Application, together with the terms of the Master Agreement, shall constitute the entire agreement between the parties hereto and shall not be subject to change or modification except by written agreement signed by the parties hereto. Execution and delivery of the Master Agreement by me/us is a condition precedent to any issuance of the letter of credit. FOR BANK USE ONLY (BRANCH- LOAN DEPT/ CBD- TFD DEPT) FOR BANK USE ONLY (TRADE OPERATIONS DEPT.) Prepaid L/C OR Line of Credit Limit/Collateral/Past due/Line Expired Within/In Order OR Exceeding/Out of Order Checked by:__________ Name: ________________ Approved by: _________ Name: ________________ OFAC Checked by: ___________ Signature Verified by :_________ Prepared by: ________________ Approved by:________________ FOR THE CUSTOMER SECTION Applicant’s Name:___________________ Authorized Signature: ________________ Title & Name:______________________ Except so far as otherwise expressly stated, this Documentary Credit is subject to the “Uniform Customs and Practice for Documentary Credit” published by the International Chamber of Commerce, which is in effect on the date the Letter of Credit is issued. TF-102 (REV. 03-10-2014)