Transit Letter Of Credit Template for Austria

1. Transfer Conditions: Specific conditions for transferring the credit to second beneficiaries, used when transfer restrictions apply

2. Insurance Requirements: Detailed insurance requirements, included when specific insurance coverage is mandatory

3. Pre-shipment Inspection: Requirements for pre-shipment inspection, included when quality verification is required

4. Green Clause: Advance payment provisions, included when advance payments are permitted

5. Back-to-Back Arrangements: Details of any back-to-back LC arrangements, included when applicable

6. Sanctions Clause: Specific provisions regarding trade sanctions, included for high-risk jurisdictions

7. Tax Provisions: Special tax considerations, included when dealing with specific tax implications

1. Schedule A - Document Checklist: Detailed checklist of all required documents and their specifications

2. Schedule B - Fee Schedule: Detailed breakdown of all applicable fees and charges

3. Schedule C - Transport Routes: Approved transportation routes and transit points

4. Appendix 1 - Standard Forms: Templates for common documents required under the LC

5. Appendix 2 - Bank Contact Details: Contact information for all banks involved in the transaction

6. Appendix 3 - Specimen Signatures: Authorized signatures for document verification