Help!!!!!!!!!!!!

An india customer want to buy our machine, pay by L/C.8yfz1z] Md&s#{

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[*~0c} there is a clause i don't understand, anyone knows it can tell me?
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1{!N{qCGH 78: INSTR TO PAYG/ACCPTG/NEGOTG BANK: We authorise you to claim reimbursement to debit of our  ACCOUNT NO. 36083055 with city bank NA new york CITIUS33 on receipt of documentary credit after giving 3days notice before lodgement of claimK c4xA.P+L0["A

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SPMO CHANDIGARH PUNBINBBCHA: The Sender bank..local india bankQ9k{Rl4_d

,nef&^5v8Su City Bank: confirming bank..SWIFT NO.  CITIUS33 "F+y'f,d^%~TqN

2c'O3m{+O+j|J'T Please help!! thanks

Instructions to the Paying??Accepting/Negotiation bank

Try to learn more about MT700

try to read more books about the L/C.H;e M)@ k"h2T*r W
if you are a internatioinal trade major ,i am sure you will know .

Reply #4 margaret18's post

:) I'm interested in:  What's your major then?

Reply #3 mico1020's post

:)  Hey guys, you may give me some suggestions on how to improve my capability in L/C  or other terms of payment comparision/analizing.1Z;a:K,MLGj)M
:P

Reply #1 sandylwever's post

:)  Hey why not to go to the nearest Bank of China and let the senior client manager or  equivalent stuff help you make it clear. Of course you do not need to turn to them everytime you meet the same problem 'cause you will grow up with time. A few monthes later or so, you may gradually get familiar with the whole business. :victory: