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1. Letter Reference Details: Document number, date, and bank reference information
2. Form of Credit: Specification that this is an irrevocable letter of credit and its type (e.g., sight, deferred payment)
3. Applicant Details: Full name and address of the party requesting the letter of credit
4. Beneficiary Details: Full name and address of the party in whose favor the LC is issued
5. Currency and Amount: Specified currency and maximum amount of the credit
6. Expiry Details: Expiry date and place for presentation of documents
7. Available With: Specification of the bank with which the credit is available
8. Payment Terms: Conditions and timing of payment (at sight, deferred payment, etc.)
9. Required Documents: List of documents that must be presented for payment
10. Shipment Terms: Details of shipment including latest shipment date and partial shipments
11. Description of Goods: Detailed description of the goods or services covered
12. Special Conditions: Any additional terms and conditions that apply to this LC
1. Transferability Clause: Include when the LC needs to be transferable to another beneficiary
2. Red Clause: Include when advance payment to the beneficiary is permitted
3. Revolving Credit Terms: Include for LCs that automatically renew under specified conditions
4. Back-to-Back Provisions: Include when the LC supports a back-to-back credit arrangement
5. Confirmation Instructions: Include when confirmation by another bank is required
6. Reimbursement Instructions: Include when specific reimbursement arrangements between banks are needed
1. Schedule A - Commercial Invoice Requirements: Detailed requirements for the format and content of commercial invoices
2. Schedule B - Transport Document Requirements: Specific requirements for bills of lading or other transport documents
3. Schedule C - Insurance Document Requirements: Requirements for insurance certificates or policies
4. Appendix 1 - Technical Specifications: Detailed technical specifications of the goods or services
5. Appendix 2 - Document Presentation Schedule: Timeline and process for document presentation
6. Appendix 3 - Bank Contact Details: Contact information for all banks involved in the transaction
Applicant
Banking Day
Beneficiary
Bill of Exchange
Bills of Lading
Commercial Invoice
Complying Presentation
Confirmation
Credit
Documents Against Acceptance
Documents Against Payment
Draft
Expiry Date
Force Majeure
Goods
Honor
Insurance Certificate
Insurance Policy
Issuing Bank
Letter of Credit
Negotiating Bank
Negotiation
Packing List
Partial Shipment
Place of Expiry
Presentation
Reimbursing Bank
Shipment
Sight Payment
SWIFT
Transhipment
Transport Documents
UCP 600
Usance
Vessel
Document Presentation
Expiry and Validity
Bank Obligations
Force Majeure
Governing Law
Amendment
Assignment
Bank Charges
Discrepancy Handling
Document Examination
Reimbursement
Shipping Terms
Transfer Rights
Default
Notices
Documentary Requirements
Compliance
Indemnification
Confirmation
Negotiation Rights
Dispute Resolution
Liability Limitation
Anti-Money Laundering
Sanctions Compliance
Banking & Financial Services
International Trade
Manufacturing
Import/Export
Shipping & Logistics
Commodities Trading
Wholesale Trade
Retail
Agriculture
Energy & Resources
Construction
Industrial Equipment
Trade Finance
Treasury
International Sales
Procurement
Legal
Compliance
Risk Management
Finance
Supply Chain
Banking Relations
International Business Development
Trade Finance Manager
International Business Development Manager
Import/Export Coordinator
Treasury Manager
Credit Manager
Financial Controller
Banking Relationship Manager
Compliance Officer
Documentary Credits Specialist
Chief Financial Officer
Supply Chain Manager
Procurement Manager
Legal Counsel
Risk Manager
International Sales Manager
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