The Letter of Credit Amount document is a vital instrument in international trade finance, particularly within the Swiss banking framework. It is used when parties require a secure method of payment in cross-border transactions, with one of Switzerland's renowned financial institutions typically serving as the issuing bank. The document specifies the exact amount of credit available, currency, validity period, and conditions for drawing under the letter of credit. Common scenarios for its use include import/export transactions, large international purchases, and complex trading arrangements where parties seek the security of bank-backed payment promises. Subject to Swiss law and international banking practices (UCP 600), this document type benefits from Switzerland's sophisticated financial infrastructure and strong legal framework for international banking transactions.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Issuing Bank Details: Complete details of the bank issuing the letter of credit, including name, address, and SWIFT code
2. Reference Number: Unique identification number for the letter of credit
3. Date of Issuance: The official date when the letter of credit is issued
4. Beneficiary Information: Full details of the party receiving the letter of credit, including name, address, and bank account details
5. Applicant Information: Complete details of the party requesting the letter of credit
6. Currency and Amount: Specification of the currency and exact amount of the letter of credit, both in figures and words
7. Expiry Date: Clear statement of when the letter of credit expires
8. Place of Expiry: Location where the letter of credit expires
9. Available With/By: Details of how and where the letter of credit is available (e.g., by sight, by acceptance, by negotiation)
10. Shipment Terms: If applicable, details of shipment including latest shipment date and partial shipments allowance
11. Required Documents: List of documents required for presentation under the letter of credit
12. Special Conditions: Any specific conditions or requirements that must be met
1. Transferability Clause: Include when the letter of credit needs to be transferable to another beneficiary
2. Revolving Terms: Include when the letter of credit is revolving rather than single-use
3. Red Clause Provisions: Include when advance payment features are required
4. Back-to-Back Provisions: Include when the letter of credit is part of a back-to-back arrangement
5. Confirmation Instructions: Include when confirmation from another bank is required
6. Deferred Payment Terms: Include when payment is to be made at a future date rather than at sight
1. Schedule A - Document Requirements: Detailed list of required documents and their specific requirements
2. Schedule B - Payment Terms: Detailed breakdown of payment terms, schedules, and conditions
3. Schedule C - Goods Description: Detailed description of the goods or services covered by the letter of credit
4. Appendix 1 - UCP 600 Disclaimer: Standard disclaimers and declarations as per UCP 600
5. Appendix 2 - Bank Forms: Standard forms required by the issuing bank for processing
6. Appendix 3 - Authentication Details: Security features and authentication methods for the letter of credit
Relevant legal definitions
Advising Bank
Applicant
Banking Day
Beneficiary
Confirmation
Confirming Bank
Credit
Credit Amount
Documents
Drawing
Expiry Date
Force Majeure
Governing Law
Issuing Bank
Letter of Credit
Negotiating Bank
Nominated Bank
Presentation
Reimbursing Bank
Shipment
SWIFT
Trade Documents
Transfer
UCP 600
Undertaking
Applicant
Banking Day
Beneficiary
Confirmation
Confirming Bank
Credit
Credit Amount
Documents
Drawing
Expiry Date
Force Majeure
Governing Law
Issuing Bank
Letter of Credit
Negotiating Bank
Nominated Bank
Presentation
Reimbursing Bank
Shipment
SWIFT
Trade Documents
Transfer
UCP 600
Undertaking
Clauses
Amount and Currency
Availability
Document Requirements
Expiry and Presentation
Payment Terms
Bank Obligations
Force Majeure
Governing Law
Jurisdiction
Assignment and Transfer
Amendments
Notices
Bank Charges
Compliance
Anti-Money Laundering
Sanctions
Dispute Resolution
Disclaimer
Confirmation
Documentation Requirements
Shipping Terms
Partial Shipments
Transhipment
Insurance
Description of Goods
Presentation Period
Bank Authorization
Representations and Warranties
Confidentiality
Severability
Availability
Document Requirements
Expiry and Presentation
Payment Terms
Bank Obligations
Force Majeure
Governing Law
Jurisdiction
Assignment and Transfer
Amendments
Notices
Bank Charges
Compliance
Anti-Money Laundering
Sanctions
Dispute Resolution
Disclaimer
Confirmation
Documentation Requirements
Shipping Terms
Partial Shipments
Transhipment
Insurance
Description of Goods
Presentation Period
Bank Authorization
Representations and Warranties
Confidentiality
Severability
Relevant Industries
Banking & Financial Services
International Trade
Import/Export
Manufacturing
Commodities Trading
Shipping & Logistics
Wholesale Trade
Retail
Agriculture
Mining & Resources
Construction
Energy
Relevant Teams
Trade Finance
International Banking
Treasury
Financial Operations
Credit Administration
Risk Management
Compliance
Legal
Documentary Credits
International Trade Operations
Banking Operations
Financial Control
Relevant Roles
Trade Finance Manager
International Banking Officer
Credit Manager
Treasury Manager
Finance Director
Import/Export Manager
Trade Operations Officer
Documentary Credits Specialist
Banking Relationship Manager
Chief Financial Officer
Financial Controller
International Trade Specialist
Compliance Officer
Risk Manager
Banking Operations Manager
Find the exact document you need
Lc Document
A Swiss law-governed Letter of Credit document providing bank payment guarantee in international trade transactions, combining Swiss banking reliability with international standards.
find out more
Letter Of Credit In International Trade
A Swiss-law governed Letter of Credit providing secure payment mechanism for international trade transactions, backed by Switzerland's robust banking framework and UCP 600 guidelines.
find out more
Letter Of Credit For Services
A Swiss-law governed banking instrument that provides payment security for service-based transactions through an irrevocable bank commitment.
find out more
Lc Sight And Usance
A Swiss law-governed Letter of Credit document establishing terms for sight and usance payments in international trade, providing bank payment guarantee under UCP 600 rules.
find out more
Lc Facility
A Swiss law-governed agreement establishing terms for issuing letters of credit by banks, incorporating both Swiss banking regulations and international banking practices.
find out more
Lc At Sight 90 Days
A Swiss law-governed Letter of Credit combining sight payment terms with a 90-day deferred payment period, providing secure trade finance with payment flexibility.
find out more
Import Export Letter Of Credit
A Swiss-law governed Letter of Credit document that facilitates secure international trade transactions through bank-guaranteed payment commitments.
find out more
Standby Guarantee
A Swiss law-governed bank guarantee instrument providing independent payment security upon documented default of underlying obligations.
find out more
Import Export Lc
A Swiss law-governed Letter of Credit agreement that establishes terms for secured international trade payments through banking channels.
find out more
180 Days Usance Lc
A Swiss law-governed Letter of Credit providing 180-day deferred payment terms, ensuring secure international trade transactions while complying with Swiss banking regulations and UCP 600.
find out more
Letter Of Credit Amount
A Swiss-law governed document specifying the amount and terms of a letter of credit, following UCP 600 and Swiss banking regulations.
find out more
Guarantee Letter Of Credit
A Swiss law-governed bank guarantee document that provides financial security in commercial transactions through an irrevocable payment commitment from a Swiss bank.
find out more
Banker's Usance Lc
A Swiss law-governed Letter of Credit providing deferred payment terms in international trade, combining local banking regulations with UCP 600 rules.
find out more
Negotiation Bank In Lc
Swiss law-governed agreement setting out terms for Letter of Credit negotiation services by a Swiss bank, incorporating UCP 600 and local banking regulations.
find out more
Irrevocable Non Transferable Letter Of Credit
A Swiss-law governed banking instrument providing an irrevocable and non-transferable payment guarantee in international trade, backed by Switzerland's robust banking regulations.
find out more
Freely Negotiable Letter Of Credit
A Swiss law-governed banking instrument that provides secured payment in international trade, allowing for negotiation at any bank worldwide under UCP 600 rules.
find out more
Secured Letter Of Credit
A Swiss law-governed banking instrument combining letter of credit features with security arrangements, providing enhanced protection through collateral while facilitating international trade.
find out more
Red Letter Of Credit
A Swiss-law governed Red Letter of Credit providing enhanced payment security in international trade transactions, incorporating specific Swiss banking regulations and UCP 600 requirements.
find out more
Recourse Letter Of Credit
A Swiss law-governed financial instrument providing payment security in international trade with bank's recourse rights against the applicant.
find out more
Non Operative Letter Of Credit
A Swiss law-governed banking instrument providing conditional payment guarantee in international trade, incorporating UCP 600 guidelines and Swiss banking regulations.
find out more
Letter Of Credit 60 Days
A Swiss law-governed Letter of Credit providing 60-day deferred payment terms for international trade transactions, incorporating UCP 600 rules.
find out more
Letter Of Credit 30 Days
A Swiss law-governed Letter of Credit providing 30-day deferred payment terms, serving as a bank's irrevocable commitment to pay in international trade transactions.
find out more
Installment Letter Of Credit
A Swiss law-governed banking instrument that provides for scheduled installment payments against documentary compliance, commonly used in international trade finance.
find out more
Green Letter Of Credit
A Swiss law-governed letter of credit that combines traditional trade finance with environmental and sustainability requirements.
find out more
Domestic Letter Of Credit
A Swiss-law governed financial instrument providing payment guarantee for domestic trade transactions within Switzerland, issued by Swiss banks under local banking regulations.
find out more
Digital Letter Of Credit
A Swiss law-governed digital financial instrument providing secure payment guarantees in international trade, incorporating electronic documentation and digital authentication requirements.
find out more
Beneficiary In Letter Of Credit
A Swiss law-governed document used by beneficiaries to formally present documents and claim payment under a letter of credit, incorporating necessary declarations and payment instructions.
find out more
Unsecured Letter Of Credit
A Swiss law-governed banking instrument providing an unsecured payment guarantee from a bank to a beneficiary, based on the applicant's creditworthiness.
find out more
Unrestricted Letter Of Credit
A Swiss law-governed banking instrument providing secure payment guarantee in international trade transactions, subject to document compliance.
find out more
Unconditional Letter Of Credit
A Swiss law-governed unconditional bank guarantee of payment in international trade, providing irrevocable payment commitment upon document presentation.
find out more
Synthetic Letter Of Credit
A Swiss law-governed financial instrument combining traditional letter of credit features with synthetic elements, establishing terms for contingent payment obligations and synthetic settlement mechanisms.
find out more
Syndicated Letter Of Credit
Swiss law-governed syndicated letter of credit agreement establishing terms for multiple banks to issue letters of credit, incorporating Swiss banking regulations and UCP 600.
find out more
Structured Letter Of Credit
A Swiss law-governed banking instrument that provides structured payment security in international trade transactions, combining local regulatory compliance with international standards.
find out more
Revolving Letter Of Credit
A Swiss law-governed Revolving Letter of Credit document establishing terms for a renewable trade finance facility with automatic reinstatement provisions.
find out more
Reverse Letter Of Credit
A Swiss law-governed banking instrument that provides payment security in commercial transactions, where the buyer is typically the beneficiary rather than the seller.
find out more
Outstanding Letter Of Credit
A Swiss law-governed bank guarantee document that ensures secure payment in international trade transactions, subject to presentation of compliant documents.
find out more
Operative Letter Of Credit
A Swiss-law governed banking instrument providing payment security in international trade, issued by a Swiss bank under UCP 600 guidelines.
find out more
Non Recourse Sblc
Swiss law-governed Non-Recourse Standby Letter of Credit agreement establishing independent payment guarantee with non-recourse provisions between bank, applicant, and beneficiary.
find out more
Non Negotiable Letter Of Credit
A Swiss law-governed banking instrument providing payment security in international trade, combining local banking regulations with UCP 600 principles.
find out more
Negotiable Letter Of Credit
A Swiss law-governed Negotiable Letter of Credit providing secure, negotiable payment guarantee for international trade transactions, combining Swiss banking regulations with international standards.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)