The Beneficiary Certificate Letter of Credit is a critical document in UAE trade finance, used when a beneficiary needs to certify compliance with letter of credit terms to receive payment. This document type emerged from the need for standardized declarations in international trade, particularly relevant under UAE law where formal declarations carry significant legal weight. The certificate must comply with UAE Federal Law No. 18 of 1993 and UAE Central Bank regulations, while also adhering to international UCP 600 standards. It typically accompanies the presentation of documents under a letter of credit and includes specific declarations about shipment, document authenticity, and compliance with LC terms. The beneficiary certificate serves as a key risk mitigation tool for banks and provides legal protection for all parties involved in the letter of credit transaction.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Letter of Credit Reference Details: Identification of the LC including LC number, issuing bank, and date of issuance
2. Beneficiary Declaration: Formal statement identifying the beneficiary and their capacity to make the declaration
3. Shipment/Service Confirmation: Confirmation that goods have been shipped or services rendered as per LC terms
4. Compliance Statement: Declaration that all terms and conditions of the LC have been met
5. Document List: List of accompanying documents being presented with the certificate
6. Certification of Originality: Statement confirming the authenticity of accompanying documents
7. Date and Signature Block: Formal execution section including date, signature, and company stamp if required
1. Partial Shipment Declaration: Required when the LC involves partial shipments, confirming which installment this represents
2. Islamic Banking Compliance: Required when the LC is issued under Islamic banking principles
3. Third Party Authorization: Required when the beneficiary is authorizing a third party to present documents
4. Force Majeure Statement: Optional section addressing any force majeure events affecting the transaction
5. Discrepancy Acknowledgment: Required when there are approved discrepancies from original LC terms
1. Commercial Invoice Copy: Copy of the commercial invoice referenced in the certificate
2. Transport Document Details: Details of bill of lading or other transport documents
3. Insurance Document List: List of insurance documents if required by LC
4. Quality Certification References: References to quality certificates or inspection reports
5. Authorization Documents: Copies of power of attorney or other authorization documents if applicable
Find the exact document you need
Application Letter For Lc
A UAE-compliant formal application to a bank requesting the issuance of a Letter of Credit, governed by UAE banking regulations and international UCP 600 rules.
Download
Loan Against Letter Of Credit
UAE-governed loan agreement securing finance against a Letter of Credit, compliant with UAE banking and commercial laws.
Download
Collateral For Letter Of Credit
A UAE law-governed security agreement establishing collateral arrangements to secure Letter of Credit obligations, compliant with UAE banking regulations and commercial law.
Download
180 Days Usance Lc
A UAE-governed financial instrument providing 180-day deferred payment terms in international trade, backed by bank guarantee and regulated under UAE commercial law.
Download
Export Lc Discounting
UAE-governed agreement for discounting export Letters of Credit, establishing terms between financial institutions and exporters for early payment against LCs.
Download
Cash Collateralized Letter Of Credit
UAE law-governed agreement for issuing Letters of Credit backed by cash collateral, establishing terms between bank and applicant under UAE Commercial Transactions Law.
Download
Application For Letter Of Credit
A UAE-compliant formal application to a bank requesting the issuance of a Letter of Credit for securing international trade transactions, governed by UAE Commercial Law and UCP 600.
Download
Letter To Bank For Reversal Of Amount
A formal request letter to UAE banks for reversing a transaction amount, complying with UAE banking regulations and providing necessary transaction details.
Download
Contour Letter Of Credit
A UAE law-governed digital Letter of Credit issued via the Contour platform, providing secure payment guarantee in international trade transactions.
Download
Loan Against Irrevocable Lc
UAE law-governed financing agreement for loans secured against irrevocable Letters of Credit, incorporating UAE banking regulations and commercial code requirements.
Download
Usance Lc Discounting
UAE-governed agreement for discounting Usance Letters of Credit, facilitating trade finance between banks and exporters under UAE banking regulations.
Download
Transferring Bank In Lc
UAE-governed document establishing terms and conditions for Letter of Credit transfers through a Transferring Bank, compliant with UAE banking laws and regulations.
Download
Sight Lc And Usance Lc
UAE-governed Letter of Credit document for international trade, offering either immediate (Sight) or deferred (Usance) payment terms under UAE law and UCP 600.
Download
Revolving SBLC
UAE law-governed Revolving SBLC agreement establishing an automatically reinstating credit facility, compliant with UAE banking regulations and international standards.
Download
Payment Terms Dlc
UAE-governed payment terms document for Documentary Letters of Credit, incorporating local banking regulations and international practices.
Download
Payment Against Lc
UAE-governed document establishing terms and conditions for Letter of Credit payment arrangements in international trade transactions.
Download
Non Transferable SBLC
A UAE-governed banking instrument providing payment guarantee from a bank to a specific, non-transferable beneficiary, subject to defined conditions.
Download
Non Transferable Letter Of Credit
A UAE-governed banking instrument that provides payment security in international trade while explicitly prohibiting transfer of drawing rights to third parties.
Download
Non Operative SBLC
A UAE-governed standby letter of credit serving as a bank-issued payment guarantee in international trade, compliant with UAE Federal Laws and international banking practices.
Download
Negotiation Bank In Lc
UAE-governed agreement establishing terms for Letter of Credit negotiations between banks and beneficiaries, aligned with UAE banking laws and international practices.
Download
Negotiable Lc
A UAE-governed banking instrument that provides payment security in international trade, combining local UAE banking regulations with international standards for letter of credit transactions.
Download
Mixed Payment Lc
A UAE-law governed trade finance instrument combining immediate and deferred payment mechanisms for international trade transactions.
Download
Letter Of Credit For Domestic Transactions
A UAE-governed banking instrument that guarantees payment for domestic transactions between UAE-based parties, subject to the presentation of compliant documents.
Download
Letter Of Credit Discounting Charges
A UAE-governed banking document that specifies all charges and terms related to Letter of Credit discounting services.
Download
Letter Of Credit Available With
A UAE-governed banking instrument that specifies the nominated bank where a Letter of Credit is available and how it can be utilized in international trade transactions.
Download
Letter For OverFacility
A UAE-governed banking document that establishes an overdraft facility agreement between a bank and customer, specifying credit limits and terms under UAE banking regulations.
Download
Lc In Purchase Order
A UAE-governed financial instrument combining Letter of Credit requirements with purchase order specifications, providing payment security and transaction details under UAE commercial law.
Download
Irrevocable Non Transferable Letter Of Credit
A UAE-governed banking instrument providing guaranteed payment in international trade, issued as an irrevocable and non-transferable commitment under UAE Commercial Code and UCP 600.
Download
Irrevocable Lc Payment Terms
UAE-governed payment terms document for irrevocable letters of credit, establishing secure international trade payment conditions under UAE law and UCP 600.
Download
Direct Pay Standby Letter Of Credit
A UAE-governed banking instrument providing irrevocable payment commitment upon document presentation, combining local banking laws with international practices.
Download
Cumulative Revolving Letter Of Credit
UAE-governed trade finance instrument establishing an automatically reinstating credit facility for multiple drawings, compliant with UAE banking laws and UCP 600.
Download
Credit Card Clearance Letter
A UAE-compliant formal confirmation letter issued by a bank declaring full settlement and closure of a credit card account with no outstanding obligations.
Download
Freely Negotiable Letter Of Credit
A UAE-governed banking instrument that provides a secure payment mechanism in international trade, allowing for negotiation by any bank worldwide.
Download
Verbiage Letter Of Credit
A UAE-governed banking instrument that guarantees payment in international trade transactions, subject to UAE Commercial Code and UCP 600 rules.
Download
Transferable Lc At Sight
A UAE-governed financial instrument allowing transfer of letter of credit rights with payment at sight, facilitating secure international trade transactions.
Download
Straight Letter Of Credit
A UAE-governed banking instrument providing secure payment guarantee in international trade transactions, subject to UAE Federal Law and UCP 600.
Download
Small Business Letter Of Credit
A UAE-governed Letter of Credit document providing payment security for small businesses in international trade transactions, complying with UAE banking laws and UCP 600.
Download
Loan Facility Letter
A UAE-governed document issued by a financial institution outlining loan facility terms and conditions, compliant with UAE banking and commercial laws.
Download
Non Operative Letter Of Credit
A UAE-governed preliminary Letter of Credit that outlines terms and conditions but remains inoperative until specific conditions are met, following UAE banking regulations and UCP 600.
Download
Letter Of Credit In Logistics
A UAE-governed banking instrument that guarantees payment in international trade transactions upon presentation of compliant logistics and shipping documents.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it