Letter Of Credit Agreement Template for Belgium

1. Multiple Drawing Provisions: Required when the LC allows for multiple drawings rather than a single drawing

2. Transfer Rights: Include when the LC may be transferable to other beneficiaries

3. Syndication Provisions: Necessary when multiple banks are involved in issuing the LC

4. Counter-Guarantees: Required when there are counter-guarantees from other banks

5. Special Instructions: Include when specific handling or processing instructions are needed

6. Electronic Presentation: Include when documents can be presented electronically

7. Force Majeure: Optional expanded provisions for force majeure events

8. Sanctions Compliance: Additional provisions regarding compliance with international sanctions

1. Schedule 1 - LC Application Form: Standard form for applying for the Letter of Credit

2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees, charges, and commission rates

3. Schedule 3 - Required Documents: List of documents required for LC drawing

4. Schedule 4 - Specimen Signatures: Authorized signatures for the applicant

5. Schedule 5 - Standard LC Format: Template or format of the Letter of Credit to be issued

6. Appendix A - UCP 600 References: Relevant articles of UCP 600 applicable to the agreement

7. Appendix B - Security Documentation: Forms and requirements for security or collateral

8. Appendix C - Compliance Checklist: Checklist for regulatory compliance requirements