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1. Letter Reference Number: Unique identification number for the Letter of Credit
2. Date: Date of issuance of the Letter of Credit
3. Issuing Bank Details: Complete name, address, and contact information of the issuing bank
4. Applicant Details: Complete name, address, and contact information of the party requesting the Letter of Credit
5. Beneficiary Details: Complete name, address, and contact information of the party in whose favor the Letter of Credit is issued
6. Credit Amount: The amount and currency of the Letter of Credit
7. Expiry Date: The date and place of expiry of the Letter of Credit
8. Condition Specifications: Clear statement of all conditions that must be met for the credit to be honored
9. Required Documents: Detailed list of documents that must be presented for payment
10. Payment Terms: Specifications of how and when payment will be made once conditions are met
11. Governing Law Statement: Statement specifying UAE law as the governing law
12. UCP 600 Reference: Reference to UCP 600 compliance
1. Transferability Clause: To be included if the Letter of Credit is transferable to other beneficiaries
2. Revolving Credit Terms: To be included if the Letter of Credit is revolving rather than single-use
3. Red Clause Provisions: To be included if advance payment provisions are required
4. Back-to-Back Arrangements: To be included if the Letter of Credit is part of a back-to-back arrangement
5. Confirmation Instructions: To be included if confirmation by another bank is required
6. Islamic Banking Compliance: To be included if the Letter of Credit needs to comply with Sharia principles
7. Partial Shipment Terms: To be included if partial shipments are allowed or prohibited
8. Transhipment Terms: To be included if transhipment is allowed or prohibited
1. Schedule A - Document Requirements: Detailed specifications of required documents including format, content, and number of copies
2. Schedule B - Payment Schedule: If applicable, detailed schedule of payments or drawings under the Letter of Credit
3. Schedule C - Goods Specification: Detailed description of the goods or services covered by the Letter of Credit
4. Appendix 1 - Standard Banking Forms: Standard forms required by the issuing bank for drawings under the Letter of Credit
5. Appendix 2 - Shipping Terms: Detailed shipping requirements and Incoterms if applicable
6. Appendix 3 - Bank Contact Details: Complete contact information for all banking parties involved in the transaction
Applicant
Banking Day
Beneficiary
Complying Presentation
Confirmation
Credit
Draft
Expiry Date
Honour
Issuing Bank
Negotiation
Nominated Bank
Presentation
Presenter
Reimbursing Bank
Standby Credit
Trade Documents
UCP 600
Documentary Credit
Letter of Credit
Sight Payment
Deferred Payment
Commercial Invoice
Bill of Lading
Certificate of Origin
Insurance Documents
Inspection Certificate
Packing List
Shipping Documents
Force Majeure
Governing Law
Jurisdiction
Banking Hours
Conditions Precedent
Conditions Subsequent
Maturity Date
Payment Terms
Documentary Requirements
Discrepant Documents
Transferable Credit
Non-Transferable Credit
Acceptance
Clean Collection
Silent Confirmation
Expiry and Presentation
Documentary Requirements
Payment Terms
Conditions Precedent
Bank Obligations
Force Majeure
Governing Law and Jurisdiction
Amendment Provisions
Document Examination
Discrepancy Handling
Bank Charges
Transferability
Confirmation Requirements
Anti-Money Laundering Compliance
Sanctions Compliance
Notice Requirements
Document Presentation
Reimbursement Obligations
Default Provisions
Assignment
Severability
Entire Understanding
UCP 600 Application
Islamic Banking Compliance
Dispute Resolution
Bank Disclaimer
Communication Methods
Partial Shipments
Transhipment
Banking and Financial Services
International Trade
Import/Export
Manufacturing
Commodities Trading
Shipping and Logistics
Construction
Energy and Resources
Retail
Agriculture
Trade Finance
International Banking
Treasury
Legal
Compliance
Finance
Supply Chain
International Sales
Risk Management
Operations
Trade Finance Manager
International Business Development Manager
Import/Export Coordinator
Letter of Credit Specialist
Trade Operations Manager
Financial Controller
Treasury Manager
Compliance Officer
Banking Relationship Manager
Supply Chain Manager
Chief Financial Officer
Trade Finance Analyst
Documentary Credits Specialist
International Sales Manager
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