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1. Issuing Bank Details: Full name and address of the issuing bank
2. Reference Number: Unique identification number for the letter of credit
3. Date of Issuance: Date when the letter of credit becomes effective
4. Beneficiary Details: Full name and address of the beneficiary
5. Applicant Details: Full name and address of the applicant requesting the letter of credit
6. Amount and Currency: Maximum amount available and currency denomination
7. Expiry Date: Date and place of expiry of the letter of credit
8. Primary Transaction Reference: Details of the underlying transaction or obligation being supported
9. Drawing Conditions: Specific conditions and documentation required for drawing under the letter of credit
10. Payment Terms: Timing and method of payment upon presentation of complying documents
11. Governing Law Declaration: Statement that the letter is governed by Australian law
12. Bank Authorization: Authorized signatures and bank validation elements
1. Transferability Clause: Include when the letter of credit needs to be transferable to another beneficiary
2. Partial Drawings Clause: Include when partial drawings are to be permitted
3. Revolving Clause: Include when the letter of credit is to automatically reinstate after each drawing
4. Silent Confirmation Provision: Include when a silent confirmation by another bank is contemplated
5. Force Majeure Clause: Include when specific force majeure provisions beyond standard UCP 600 are required
6. Amendment Procedures: Include when specific procedures for amendments need to be detailed
1. Schedule A - Form of Demand: Template for the beneficiary to make a complying demand under the letter of credit
2. Schedule B - Required Documents: Detailed list and format of all required supporting documents for drawing
3. Schedule C - Primary Agreement Extract: Relevant excerpts from the primary agreement being supported by the letter of credit
4. Schedule D - Special Payment Instructions: Details of payment routing and banking coordinates
5. Appendix 1 - Authorized Signatories: List of authorized signatories and specimen signatures for the beneficiary
6. Appendix 2 - UCP 600 Exclusions: List of any UCP 600 articles specifically excluded from application
Applicant
Australian Business Day
Banking Day
Beneficiary
Business Hours
Complying Presentation
Confirmation
Confirming Bank
Credit
Default Event
Demand
Documentary Credit
Drawing
Expiry Date
Face Value
Governing Law
ICC
Issuing Bank
Letter of Credit
Nominated Bank
Notice
Obligations
Payment Date
Presentation
Primary Agreement
Primary Obligor
Reimbursement Obligation
Required Documents
Specimen Signature
Stated Amount
Supporting Documents
Transfer
UCP 600
Underlying Transaction
ISP98
Event of Default
Force Majeure Event
Material Adverse Change
Payment Obligation
Relevant Jurisdiction
Security Interest
Specified Currency
Terms and Conditions
Transfer Rights
Amount and Currency
Expiry
Drawing Rights
Payment Terms
Documentary Requirements
Presentation Requirements
Transfer Rights
Assignment
Force Majeure
Governing Law
Jurisdiction
Notices
Bank Obligations
Default Events
Amendment
Confirmation
Reimbursement
Fees and Charges
Tax
Compliance with Laws
Anti-Money Laundering
Sanctions
Electronic Commerce
Severability
Entire Agreement
Waiver
Time of the Essence
Counterparts
Independent Obligation
Non-Documentary Conditions
Partial Drawings
Multiple Drawings
Bank Communications
Confidentiality
Banking and Financial Services
International Trade
Construction and Infrastructure
Energy and Resources
Manufacturing
Telecommunications
Real Estate Development
Mining
Agriculture and Commodities
Shipping and Logistics
Insurance
Project Finance
Legal
Finance
Treasury
Trade Finance
Risk Management
Compliance
Commercial Operations
Corporate Finance
Project Finance
Credit Administration
International Banking
Transaction Banking
Chief Financial Officer
Treasury Manager
Trade Finance Manager
Commercial Director
Finance Director
Legal Counsel
Banking Relationship Manager
Credit Risk Manager
Corporate Finance Manager
Project Finance Manager
Transaction Banking Officer
Documentary Credits Specialist
Compliance Officer
Financial Controller
Business Development Manager
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