Irrevocable Standby Letter Of Credit Template for Austria

1. Advising Bank Details: Details of the advising bank if different from issuing bank, used when there's an intermediary bank

2. Confirmation Instructions: Instructions regarding confirmation, used when confirmation by another bank is required

3. Partial Drawings: Statement whether partial drawings are allowed, included when relevant to the transaction

4. Multiple Drawings: Conditions for multiple drawings if applicable to the transaction

5. Transfer Conditions: Detailed conditions for transfer if the Letter of Credit is transferable

6. Special Conditions: Any additional conditions specific to the transaction

7. Automatic Extension Clause: 'Evergreen' clause details if the Letter of Credit is automatically extending

8. Charges: Allocation of banking charges between parties, if not standard arrangement

1. Schedule A - Required Documents: Detailed list and format of all required documents for drawing

2. Schedule B - Form of Demand: Prescribed format for the beneficiary's demand for payment

3. Schedule C - Form of Transfer Request: Standard form for requesting transfer of the Letter of Credit, if transferable

4. Appendix 1 - Underlying Agreement Reference: Reference to the underlying commercial agreement or transaction

5. Appendix 2 - Special Drawing Conditions: Detailed explanation of any special or complex drawing conditions