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1. Issuing Bank Details: Complete name, address, and reference numbers of the issuing bank
2. Letter of Credit Number: Unique identification number of the LC
3. Date of Issue: Date when the LC is issued
4. Applicant Details: Full name, address, and contact information of the buyer/applicant
5. Beneficiary Details: Full name, address, and contact information of the seller/beneficiary
6. Currency and Amount: Specified currency and maximum amount of the LC
7. Expiry Date: 90-day validity period clearly stated with specific expiration date
8. Place of Expiry: Location where the LC expires
9. Available With/By: Details of the nominated bank and manner of availability (by sight, deferred payment, etc.)
10. Partial Shipments: Whether partial shipments are allowed or prohibited
11. Transhipment: Whether transhipment is allowed or prohibited
12. Documents Required: Detailed list of all required documents for LC settlement
13. Goods Description: Precise description of the goods/services covered by the LC
14. Payment Terms: Specific 90-day payment terms and conditions
15. Presentation Period: Timeframe within which documents must be presented
1. Transferability Clause: Include when the LC needs to be transferable to another beneficiary
2. Back-to-Back Arrangements: Include when the LC supports back-to-back LC arrangements
3. Red Clause: Include when advance payment to the beneficiary is permitted
4. Green Clause: Include when warehouse storage-related advances are permitted
5. Revolving Terms: Include when the LC is meant to revolve in value or time
6. Confirmation Instructions: Include when confirmation by another bank is required
7. Special Conditions: Include any transaction-specific conditions or requirements
1. Schedule A - Document Requirements: Detailed specifications for each required document including format and content requirements
2. Schedule B - Shipping Terms: Detailed shipping instructions, including ports, modes of transport, and delivery terms
3. Schedule C - Goods Specification: Detailed technical specifications of the goods being traded
4. Appendix 1 - Standard Banking Forms: Standard forms required by the issuing bank for document presentation
5. Appendix 2 - UCP 600 Declaration: Statement of application of UCP 600 rules and any exceptions
6. Appendix 3 - Fee Schedule: Detailed breakdown of all banking charges and fees applicable
Applicant
Banking Day
Beneficiary
Bill of Exchange
Bill of Lading
Commercial Invoice
Complying Presentation
Confirmation
Credit
Document Verification
Documentary Credit
Draft
Expiry Date
Honour
Issuing Bank
Letter of Credit
Maturity Date
Negotiating Bank
Negotiation
Nominated Bank
Presentation
Presenter
Reimbursing Bank
Shipping Documents
Sight Payment
Transport Document
UCP 600
Usance Period
Payment Terms
Force Majeure
Goods
Insurance Certificate
Certificate of Origin
Packing List
Banking Charges
Discrepancy
Documentary Requirements
Transhipment
Port of Loading
Port of Discharge
Incoterms
Place of Expiry
Notification
Amendment
Partial Shipment
Availability and Expiry
Payment Terms
Document Requirements
Presentation Conditions
Bank Obligations
Amendment Provisions
Force Majeure
Assignment
Transfer Rights
Governing Law
Jurisdiction
Banking Charges
Confirmation Requirements
Document Examination
Disclaimers and Immunities
Notices
Shipping Terms
Insurance Requirements
Discrepancy Handling
Reimbursement Provisions
Default Provisions
Sanctions Compliance
Anti-Money Laundering
Dispute Resolution
Severability
Documentation Standards
Time Limits
Bank Communications
Partial Shipments
Transhipment
Description of Goods
Expiration Conditions
Late Presentation
Non-Documentary Conditions
International Trade
Manufacturing
Wholesale
Retail
Agriculture
Mining
Automotive
Electronics
Textiles
Chemical Industry
Construction Materials
Heavy Equipment
Consumer Goods
Banking and Finance
Commodities Trading
Energy
Finance
International Trade
Treasury
Legal
Procurement
Trade Operations
Risk Management
Supply Chain
Commercial Operations
Banking Operations
Trade Compliance
Credit Control
Trade Finance Manager
International Trade Specialist
Import/Export Manager
Treasury Manager
Finance Director
Credit Manager
Documentary Credits Specialist
Trade Operations Manager
Chief Financial Officer
Banking Relations Manager
Procurement Manager
Supply Chain Manager
Commercial Director
International Sales Manager
Trade Compliance Officer
Risk Manager
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