Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Parties: Identification of the bank (issuing bank) and the applicant (customer requesting the L/C)
2. Background: Context of the agreement, including the applicant's business needs and the bank's willingness to provide L/C facilities
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules of interpretation
4. L/C Facility: Details of the L/C facility, including the maximum aggregate amount and validity period
5. Application and Issuance: Procedures for applying for and issuing Letters of Credit
6. Fees and Commissions: Banking charges, commission rates, and payment terms
7. Security and Collateral: Security arrangements required by the bank
8. Representations and Warranties: Standard declarations by the applicant about their legal and financial status
9. Undertakings: Ongoing obligations of the applicant during the facility period
10. Events of Default: Circumstances constituting default and their consequences
11. Bank's Rights and Remedies: Actions the bank can take in case of default or breach
12. Payments and Calculations: Payment mechanisms, currency provisions, and calculation methods
13. General Provisions: Standard legal clauses including notices, amendments, and governing law
1. Syndication Provisions: Required when multiple banks are involved in providing the L/C facility
2. Electronic Platform Terms: Needed when the bank provides electronic L/C application and processing facilities
3. Counter-Indemnity: Additional indemnity provisions for complex trade transactions
4. Foreign Currency Provisions: Detailed provisions for L/Cs in multiple currencies
5. Back-to-Back L/C Terms: Required for back-to-back L/C arrangements
6. Transfer and Assignment: Terms for transferable L/Cs or assignment of proceeds
1. Schedule 1 - Facility Limits and Sub-limits: Detailed breakdown of facility limits and any sub-limits by type or currency
2. Schedule 2 - Fee Schedule: Comprehensive list of all applicable fees, charges, and commission rates
3. Schedule 3 - Form of L/C Application: Standard form for applying for individual Letters of Credit
4. Schedule 4 - Security Documents: List and copies of required security documents
5. Schedule 5 - Conditions Precedent: List of documents and conditions required before facility activation
6. Appendix A - Standard L/C Terms and Conditions: Bank's standard terms and conditions for L/C issuance
7. Appendix B - Authorized Signatories: List of persons authorized to submit L/C applications and amendments
Agreement
Applicant
Application
Authorization
Banking Day
Beneficiary
Business Day
Charges
Collateral
Confirming Bank
Default Interest
Documents
Event of Default
Facility
Facility Limit
Finance Documents
Force Majeure Event
Governing Law
Group
Hong Kong
HKMA
Indebtedness
Interest Period
Issuing Bank
L/C
Letter of Credit
Material Adverse Effect
Negotiating Bank
Potential Event of Default
Presenting Bank
Reimbursement Obligation
Related Rights
Relevant Documents
Security
Security Documents
Security Interest
Sub-limit
Subsidiary
Tax
UCP 600
Undertaking
Utilization
Validity Period
Application and Issuance
Fees and Charges
Security
Representations and Warranties
Covenants
Events of Default
Indemnification
Payment Obligations
Currency Provisions
Force Majeure
Assignment and Transfer
Notices
Amendments and Waivers
Confidentiality
Data Protection
Governing Law
Jurisdiction
Dispute Resolution
Severability
Entire Agreement
Counterparts
Third Party Rights
Anti-Money Laundering
Sanctions Compliance
Set-off Rights
Tax Provisions
Electronic Communications
Further Assurance
Term and Termination
Banking and Financial Services
International Trade
Import/Export
Manufacturing
Wholesale Trade
Retail
Shipping and Logistics
Commodities Trading
General Commerce
Legal
Finance
Treasury
Trade Finance Operations
Risk Management
Compliance
International Banking
Commercial Banking
Credit Administration
Documentary Credits
Chief Financial Officer
Treasury Manager
Trade Finance Manager
Import/Export Manager
Finance Director
Banking Relationship Manager
Trade Finance Operations Officer
Credit Risk Manager
Commercial Banking Officer
International Trade Specialist
Compliance Officer
Legal Counsel
Documentary Credits Manager
Senior Banking Officer
Corporate Banking Manager
Find the exact document you need
Application Letter For Lc
A formal request document used in Hong Kong for applying for a Letter of Credit, complying with local banking regulations and international trade practices.
Small Business Fire Risk Assessment
A Hong Kong-compliant fire risk assessment template for small businesses, meeting Fire Services Ordinance requirements while providing practical safety guidelines.
Lc Confirming Bank
A Hong Kong law-governed agreement establishing terms and conditions for Letter of Credit confirmation services between banks.
Lc At Sight 90 Days
A Hong Kong law-governed Letter of Credit combining sight presentation with 90-day deferred payment terms, providing secured trade financing under local banking regulations.
Fronting Agreement (Insurance)
A Hong Kong law-governed agreement between a fronting insurer and reinsurer establishing terms for policy issuance and risk transfer arrangements.
Deferred Compensation Agreement
A Hong Kong law-governed agreement establishing terms for postponing employee compensation to a future date, including vesting schedules and payment conditions.
Noise Nuisance Letter
A formal letter under Hong Kong law documenting noise nuisance complaints and requesting resolution, compliant with the Noise Control Ordinance.
Side Agreement (Real Estate)
A Hong Kong law-governed supplementary agreement that modifies or adds to the terms of a main real estate agreement, addressing specific arrangements between parties.
Lc Agreement
A Hong Kong law-governed agreement between a bank and applicant establishing terms and conditions for issuing letters of credit, incorporating local banking regulations and international trade practices.
Bond Indemnity Agreement
A Hong Kong law-governed agreement where an indemnitor agrees to protect and compensate a beneficiary against losses arising from a bond facility.
Ppe Risk Assessment
A Hong Kong-compliant workplace safety document that evaluates hazards and specifies Personal Protective Equipment (PPE) requirements to ensure worker safety and regulatory compliance.
Irrevocable License Agreement
A Hong Kong law-governed agreement granting permanent, irrevocable rights to use specified intellectual property or other assets.
90 Days Usance Lc
A Hong Kong law-governed Letter of Credit providing for payment 90 days after document presentation, commonly used in international trade finance.
180 Days Usance Lc
A Hong Kong-governed trade finance instrument providing 180-day deferred payment terms in international trade transactions, backed by bank guarantee.
Beneficiary Deed
A Hong Kong law-governed deed that transfers property interests to designated beneficiaries, typically effective upon specific conditions or the grantor's death.
Lease Increase Notice
A Hong Kong-compliant formal notice document informing tenants of an upcoming rent increase for their leased property.
Application For Letter Of Credit
A Hong Kong-governed formal application to request a bank to issue a Letter of Credit, complying with local banking regulations and international trade practices.
Restaurant Work Experience Letter
A formal employment verification document issued under Hong Kong law that confirms an individual's work history and experience in a restaurant setting.
Performance SLA
A Hong Kong law-governed agreement defining service levels, performance metrics, and quality standards between a service provider and customer, with associated monitoring and remedy mechanisms.
Clean Invoice
A Hong Kong-compliant commercial document that records sales transactions and requests payment, containing all essential business and tax information in a clean, straightforward format.
Outstanding Invoice
A formal payment request document for unpaid invoices under Hong Kong law, serving as an official reminder and record of payment obligations.
Freely Negotiable Letter Of Credit
A bank-issued payment guarantee document under Hong Kong law that allows the beneficiary to negotiate the letter of credit at any bank of their choice.
Export Invoice
A commercial document used in Hong Kong for international trade transactions, detailing goods exported, their value, and shipping terms in compliance with Hong Kong law.
Cash Invoice
A Hong Kong-compliant document recording immediate cash payments for goods or services, serving as both invoice and receipt.
Domestic Helper Loan Agreement
Hong Kong-governed loan agreement between employer and domestic helper, establishing terms for loan provision and repayment in compliance with local regulations.
Usage Agreement
A Hong Kong law-governed agreement defining terms and conditions for using products, services, or platforms, including usage rights and compliance requirements.
Revolving Facility Agreement
A Hong Kong law-governed agreement establishing a revolving credit facility with flexible draw-down and repayment terms.
Overqualified For A Job Rejection Letter
A Hong Kong-compliant formal letter template for declining job applications due to candidate overqualification, while maintaining professional relationships and legal compliance.
Non Negotiable Promissory Note
A Hong Kong law-governed financial instrument containing an unconditional promise to pay a specified sum, with its non-negotiable nature preventing transfer to third parties.
Letter Of Credit 60 Days
A Hong Kong law-governed banking instrument guaranteeing payment within 60 days of document presentation in international trade transactions.
Letter Of Credit 30 Days
A Hong Kong law-governed banking instrument that provides a 30-day deferred payment guarantee for international trade transactions, subject to UCP 600 rules.
Import Documentary Letter Of Credit
A Hong Kong-governed banking instrument that provides payment security in international trade transactions, governed by local law and UCP 600 rules.
Implied License Patent
A Hong Kong law-governed document that formalizes implied patent usage rights between parties, establishing clear boundaries and permissions for patented technology implementation.
Domestic Lc
A bank-issued payment guarantee document under Hong Kong law that facilitates secure domestic trade transactions between local parties.
By Laws Articles Of Incorporation
A fundamental constitutional document under Hong Kong law that establishes a company's internal regulations and governance structure.
Bank Loan Cancellation Letter
A formal letter issued under Hong Kong banking laws to officially terminate and cancel a bank loan facility, confirming the end of lending obligations between bank and borrower.
Trade Finance Facility Agreement
A Hong Kong law-governed agreement establishing terms for trade finance facilities between a financial institution and borrower, including various trade finance products and facility terms.
Payment Guarantee Agreement
A Hong Kong law-governed agreement where a Guarantor guarantees payment obligations of a Principal Debtor to a Beneficiary, typically used in commercial and financial transactions.
International Investment Agreement
A Hong Kong law-governed agreement establishing terms and protections for international investments, incorporating local regulatory requirements and dispute resolution mechanisms.
Freelancer Offer Letter
A Hong Kong-compliant offer letter establishing terms and conditions for engaging independent contractors/freelancers.
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)