dtransferableissued,confirmedbyanybankinchina.ThefacevalueisXXXXmillionunitedstatesdollars(XXXX.00usd$+/-5%)the sight letter of credit shall be effected ,immediately after the inspection is inspected by the the peoples of republic of china ,to meet the quality ,weight and regulation of the contract .the seller beneficiary bank should issue a performance bond of 2 of the total value of L/C within 5 banking days to the buyer.
