Letter Of Credit In International Trade Template for Austria

1. Advising Bank Details: Used when a local bank in beneficiary's country is designated to advise the credit

2. Confirmation Instructions: Include when confirmation by another bank is requested

3. Transferability Clause: Required if the credit needs to be transferable to second beneficiaries

4. Back-to-Back Provisions: Include when the credit will be used as collateral for another credit

5. Red Clause Provisions: Used when advance payment to beneficiary is permitted

6. Revolving Credit Terms: Include for automatically reinstating credits

7. Green Clause Provisions: Used when storage of goods is involved with advance payment

8. Assignment of Proceeds: Include when proceeds can be assigned to a third party

1. Schedule A - Document Requirements: Detailed checklist of required documents and their specific requirements

2. Schedule B - Goods Specification: Detailed technical specifications of the goods being traded

3. Schedule C - Documentary Requirements Matrix: Matrix showing timeline and relationship between different required documents

4. Appendix 1 - Standard Banking Forms: Collection of relevant banking forms and formats

5. Appendix 2 - UCP 600 Reference Guide: Quick reference guide to relevant UCP 600 articles

6. Appendix 3 - Shipping Terms Glossary: Definitions of shipping and trade terms used in the document