Letter Of Credit 90 Days Template for Germany

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. 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