//Copyright-Author: Morris Ng

function fnDefragChklNGCOMlNGLC(){
document.writeln("<dl><dd><ul type=square><li>The names and addresses are complete and spelled correctly.")
document.writeln("<li>The L/C is irrevocable and confirmed by the advising bank, conforming to sales contract.<li>The amount is sufficient to cover the consignment.<li>The description of goods is correct.")
document.writeln("<li>The quantity is correct.<li>The unit price of goods, if stated in the L/C, conforms to the contract price.<li>The latest date for shipment or the shipping date is sufficient to dispatch the consignment.")
document.writeln("<li>The latest date for negotiation or the expiry date is sufficient to present the documents and draft\(s\) to the bank.<li>The port \(or point\) of shipment and the port \(or point\) of destination are correct.<li>The partial shipment/drawing is permitted or prohibited.")
document.writeln("<li>The transhipment is permitted or prohibited.<li>The L/C is transferable or non-transferable.<li>The type of risk and the amount of insurance coverage, if required.")
document.writeln("<li>The documents required are obtainable.<li>The following words, or similar, are present in the L/C:")
document.writeln("<br><br>\"<font color=blue>Unless otherwise expressly stated, this Credit is subject to the Uniform Customs and Practice for Documentary Credits, 1993 Revision, International Chamber of Commerce Publication No. 500.</font>\"</ul></dd></dl>")}