(1)We hereby authorize you to debit our account with your Head Of rice Beijing under your advice to us.
(2)Upon receipt of your negotiation advice stating that documents have been complied with, we shall authorize you to debit our account with you under advice to us.
(3)In reimbursement of your payment made under this L/C. we shall credit your account with US under our telex advice to you.
(4)On receipt of your negotiation advice stating that documents have been complied with,we shall remit cover by cable/airmail to your correspondent as designated by you for credit of your account with them.
(5)Upon negotiation made hy you.please reimburse yourselves through×××Bank by telex eertifying documents complied with and requesting them to debit our account and credit your account with the same amount.
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