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1. Letter of Credit Number: Unique identifier for the SBLC/DLC
2. Parties: Details of the issuing bank, applicant (account party), and beneficiary
3. Type of Credit: Specification of whether it's a Standby Letter of Credit or Documentary Letter of Credit
4. Date of Issue: Date when the letter of credit becomes effective
5. Amount and Currency: The maximum amount available under the credit and specified currency
6. Expiry Date: Date and place of expiry of the letter of credit
7. Available With: Specification of where and how the credit is available (e.g., by sight payment, deferred payment)
8. Required Documents: Detailed list of documents that must be presented for payment
9. Presentation Period: Timeframe within which documents must be presented
10. Governing Law: Specification of Australian law as governing law
11. UCP/ISP Reference: Reference to UCP 600 or ISP98 as applicable rules
1. Partial Drawings: Include when multiple partial drawings are to be permitted under the credit
2. Transfer Conditions: Include when the credit is to be transferable to other beneficiaries
3. Revolving Conditions: Include for credits that automatically reinstate after each drawing
4. Special Conditions: Include when there are additional requirements or conditions specific to the transaction
5. Red Clause: Include when advance payments are permitted before document presentation
6. Green Clause: Include when warehouse receipts can be used as security for advances
7. Back-to-Back Provisions: Include when the credit is issued against another letter of credit
8. Force Majeure Clause: Include when specific force majeure provisions beyond standard UCP/ISP rules are required
1. Schedule A - Document Requirements: Detailed specifications for required documents including format, content, and certification requirements
2. Schedule B - Payment Terms: Detailed payment mechanisms, bank coordinates, and specific instructions for fund transfers
3. Schedule C - Form of Demand: Template for the beneficiary's demand for payment under the credit
4. Appendix 1 - Underlying Contract Reference: Summary or extract of the underlying commercial contract relevant to the credit
5. Appendix 2 - Bank Forms: Standard forms required by the issuing bank for drawings or amendments
6. Appendix 3 - Specimen Signatures: Authorized signatures for the parties involved in the transaction
Applicant
Banking Day
Beneficiary
Confirming Bank
Complying Presentation
Credit
Demand
Documents
Drawing
Expiry Date
Honour
ICC
ISP98
Issuing Bank
Letter of Credit
Negotiating Bank
Presentation
Reimbursing Bank
Standby Letter of Credit
Trade Finance
UCP 600
Underlying Transaction
Business Day
Term and Expiry
Document Requirements
Drawing Conditions
Payment Terms
Bank Obligations
Fees and Charges
Amendments
Transfer Rights
Governing Law and Jurisdiction
Force Majeure
Assignment
Notices
Compliance with Laws
Anti-Money Laundering
Document Examination
Disclaimers and Limitations
Bank Communications
Representations and Warranties
Indemnification
Default Events
Dispute Resolution
Severability
Entire Agreement
Waiver
Confidentiality
Banking & Financial Services
International Trade
Import/Export
Manufacturing
Construction
Energy
Mining
Commodities Trading
Shipping & Logistics
Infrastructure Development
Real Estate
Telecommunications
Trade Finance
International Banking
Treasury
Credit Risk
Legal
Compliance
Commercial Banking
Trade Operations
Project Finance
Documentary Credits
Corporate Banking
Transaction Banking
Trade Finance Manager
Letter of Credit Specialist
International Banking Officer
Treasury Manager
Finance Director
Credit Risk Manager
Trade Operations Manager
Commercial Banking Manager
Documentary Credits Officer
Chief Financial Officer
Import/Export Manager
Contract Administrator
Project Finance Manager
Compliance Officer
Banking Relationship Manager
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