EXPORT COLLECTION Klausul Contoh

EXPORT COLLECTION. Specific to the Instruction related to export collection, whether based on LC or not (hereinafter all are called with “documentary collection”), including its negotiation/discounting, the following terms and conditions apply, that hereby Customer represent and agree: a. Customer agree and responsible to send original documents physically as stipulated in Instruction to UOB Group Bank prior Bank processing the Instruction. b. Specific for documentary collection under LC, documentary collection by UOB Group Bank is subject to terms and conditions stipulated in Uniform Customs and Practice for Documentary Credit (2007 Revision) issued by International Chambers of Commerce Paris, Publication No. 600 or all of its amendment or substitution (“UCP”) applicable at the time when documentary collection is done, whereby furthermore Customer agree to bind with terms and conditions inside it. c. Specific for documentary collection under SKBDN, documentary collection by UOB Group Bank is subject to terms and conditions stipulated in Peraturan Bank Indonesia (PBI) No. 5/6/ PBI/2003 regarding Surat Kredit Berdokumen Dalam Negeri as amended by PBI No. 10/5/PBI/2008 regarding Perubahan atas PBI No. 5/6/PBI/2003 tentang Surat Kredit Berdokumen Dalam Negeri or all of its amendment or substitution applicable at the time when documentary collection is done, whereby furthermore Customer agree to bind with terms and conditions inside it. d. Specific for documentary collection without LC or SKBDN, documentary collection by UOB Group Bank is subject to terms and conditions stipulated in Uniform Rules for Collection issued by International Chambers of Commerce Paris, Publication No. 522 or all of its amendment or substitution (“URC”) applicable at the time when documentary collection is done, whereby furthermore Customer agree to bind with terms and conditions inside it. e. In the event set of documents as stipulated on Instruction is negotiated/discounted by UOB Group Bank, unless UOB Group Bank expressly agree otherwise or the LC has been confirmed by Bank and document is without any discrepancy, the respective negotiation/discounting by UOB Group Bank is conditional and with full recourse by UOB Group Bank. If such collection does not produce any proceed/payment as per negotiation/discounting provided by UOB Group Bank, at the latest on document maturity date, or specific for Sight document, on 30 calendar days after the date of negotiation/discounting done by UOB Group Bank, Cus...