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1. Issuing Bank Details: Complete details of the issuing bank including name, branch, SWIFT code, and contact information
2. LC Number and Date: Unique identification number of the LC and date of issuance
3. Beneficiary Details: Full name and address of the beneficiary (seller/exporter)
4. Applicant Details: Full name and address of the applicant (buyer/importer)
5. Amount and Currency: Maximum amount and currency of the LC, written in both figures and words
6. Expiry Date and Place: Clear statement of when and where the LC expires
7. Form of Presentation: Specification of how and where documents should be presented
8. Required Documents: Detailed list of all required documents for LC negotiation
9. Shipment Terms: Details of shipment including latest shipment date and partial shipments clause
10. Payment Terms: Specific conditions and timing of payment
11. Governing Law: Statement that the LC is subject to UAE law and UCP 600
1. Transferability Clause: Include when the LC needs to be transferable to a second beneficiary
2. Red Clause: Include when advance payment to the beneficiary is permitted
3. Green Clause: Include when storage of goods is involved with advance payment
4. Revolving Credit Clause: Include when the LC is meant to be automatically renewed
5. Back-to-Back Arrangements: Include when there's a back-to-back LC arrangement
6. Confirmation Instructions: Include when confirmation by another bank is required
7. Special Conditions: Include when there are additional requirements specific to the transaction
1. Schedule A - Document Requirements: Detailed checklist of required documents and their specifications
2. Schedule B - Commercial Invoice Requirements: Specific requirements for the format and content of commercial invoices
3. Schedule C - Transport Document Requirements: Detailed specifications for bills of lading or other transport documents
4. Appendix 1 - Bank's Standard Charges: Schedule of applicable bank charges and fees
5. Appendix 2 - Presentation Schedule: Timeline and process for document presentation
6. Appendix 3 - Amendment Procedures: Procedures for requesting and processing LC amendments
Applicant
Banking Day
Beneficiary
Bill of Exchange
Bill of Lading
Clean Collection
Commercial Invoice
Confirming Bank
Credit
Documentary Collection
Documents Against Acceptance
Documents Against Payment
Draft
Expiry Date
Force Majeure
Governing Law
Incoterms
Issuing Bank
Letter of Credit
Negotiating Bank
Negotiation
Nominated Bank
Notification
Original Documents
Partial Shipment
Packing List
Payment at Sight
Presentation
Reimbursing Bank
Shipping Documents
Sight Draft
Swift Message
Time Draft
Transhipment
UCP 600
Usance
Waybill
Amount and Currency
Availability
Expiry
Document Presentation
Payment Terms
Required Documents
Shipment Terms
Bank Charges
Force Majeure
Transferability
Confirmation
Amendment
Governing Law
Dispute Resolution
Assignment
Notice Requirements
Compliance with Laws
Anti-Money Laundering
Sanctions Compliance
Document Examination
Discrepancy Handling
Bank's Discretion
Reimbursement
Disclaimer
Indemnification
Severability
Entire Understanding
Language
Communications
Banking & Financial Services
International Trade
Import/Export
Manufacturing
Retail
Commodities Trading
Shipping & Logistics
Oil & Gas
Agricultural Products
Consumer Goods
Industrial Equipment
Textile & Garments
Trade Finance
International Banking
Documentary Credits
Risk Management
Compliance
Legal
Treasury
Operations
International Trade
Banking Relations
Trade Operations
Export Finance
Import Operations
Trade Finance Manager
International Trade Specialist
Letter of Credit Officer
Banking Operations Manager
Export Finance Manager
Import Manager
Trade Documentation Specialist
Compliance Officer
Treasury Manager
Chief Financial Officer
Finance Director
Banking Relationship Manager
Trade Operations Officer
Documentary Credits Specialist
International Business Development Manager
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