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1. Letter of Credit Number and Date: Unique reference number and issuance date of the L/C
2. Applicant Details: Complete name and address of the importer/buyer requesting the L/C
3. Beneficiary Details: Complete name and address of the exporter/seller in whose favor the L/C is issued
4. Issuing Bank Details: Name and address of the bank issuing the L/C
5. Amount and Currency: The credit amount and currency, including whether any tolerance is permitted
6. Expiry Date and Place: The final date and location for presentation of documents
7. Shipment Terms: Latest shipment date, partial shipments, transhipment provisions
8. Required Documents: Detailed list of documents required for presentation
9. Payment Terms: Specification of when and how payment will be made (at sight, deferred payment, etc.)
10. Description of Goods: Detailed description of the merchandise being traded
11. Incoterms: Specified trading terms (FOB, CIF, etc.) and delivery conditions
1. Advising Bank Details: Details of the bank advising the L/C to the beneficiary, used when there's an intermediary bank
2. Confirmation Instructions: Instructions regarding confirmation of the L/C by another bank, used when additional bank security is required
3. Transferability Clause: Terms regarding whether the L/C can be transferred to another beneficiary, included when transfer rights are needed
4. Red Clause Provisions: Special provisions for advance payment to the beneficiary, used in specific trading relationships
5. Back-to-Back Provisions: Terms for using the L/C as collateral for another L/C, used in intermediary trade situations
6. Islamic Banking Compliance: Additional terms ensuring Sharia compliance, required for Islamic banking institutions
7. Revolving Credit Terms: Terms for automatic reinstatement of the credit, used in ongoing trading relationships
1. Schedule A - Product Specifications: Detailed technical specifications of the goods being traded
2. Schedule B - Document Requirements: Comprehensive list of required documents with specific format and content requirements
3. Schedule C - Banking Instructions: Detailed instructions for document handling and payment processing
4. Appendix 1 - Pro-forma Invoice: Copy of the pro-forma invoice referenced in the L/C
5. Appendix 2 - Special Conditions: Any special conditions or requirements specific to the transaction
6. Appendix 3 - Approved Port List: List of approved ports for loading/unloading if restricted
7. Appendix 4 - Insurance Requirements: Detailed insurance requirements and conditions
Applicant
Banking Day
Beneficiary
Bill of Exchange
Bill of Lading
Certificate of Origin
Commercial Invoice
Complying Presentation
Confirmation
Confirming Bank
Credit
Discrepancy
Documentary Credit
Draft
Expiry Date
Force Majeure
Governing Law
Incoterms
Insurance Certificate
Insurance Policy
Issuing Bank
Letter of Credit
Negotiating Bank
Negotiation
Packing List
Partial Shipment
Presentation
Reimbursing Bank
Shipping Documents
Sight Payment
Tolerance
Transhipment
UCP 600
Usance
Waybill
Documentary Requirements
Expiry and Presentation
Bank Obligations
Applicant Obligations
Beneficiary Rights
Force Majeure
Governing Law
Jurisdiction
Amendment Conditions
Notice Requirements
Confirmation Terms
Assignment and Transfer
Disclaimers and Limitations
Document Examination
Discrepancy Handling
Bank Reimbursement
Shipping Terms
Insurance Requirements
Compliance Requirements
Anti-Money Laundering
Sanctions Compliance
Islamic Banking Compliance
Dispute Resolution
Confidentiality
Communications
Costs and Charges
Default Events
Termination Rights
Representation and Warranties
Banking and Financial Services
International Trade
Logistics and Transportation
Manufacturing
Retail
Commodities Trading
Agriculture
Oil and Gas
Consumer Goods
Industrial Equipment
Textiles
Electronics
Automotive
Construction Materials
Trade Finance
International Banking
Risk Management
Compliance
Treasury
Operations
Supply Chain
Procurement
Legal
Finance
Documentary Credits
International Trade Operations
Credit Administration
Trade Finance Manager
International Trade Specialist
Documentary Credits Officer
Import/Export Manager
Treasury Manager
Trade Operations Officer
Compliance Officer
Banking Relationship Manager
Chief Financial Officer
Supply Chain Manager
Procurement Manager
Shipping Manager
Finance Director
Credit Risk Officer
International Business Development Manager
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