The Non Operative SBLC is a specialized banking instrument used in Indonesia when parties need a standby guarantee arrangement that won't be operationalized under normal circumstances. This document is particularly relevant in situations where a formal bank guarantee is required for compliance or regulatory purposes, but the actual drawing or operation of the SBLC is not anticipated. It follows Indonesian banking regulations, particularly Bank Indonesia guidelines and OJK requirements, while incorporating international banking practices. The document typically includes detailed terms about the non-operative nature, validity period, maximum drawable amount, and specific conditions under which it might be activated. It's commonly used in large commercial transactions, project tenders, or international trade arrangements where Indonesian entities need to demonstrate financial backing without the intention of drawing upon the instrument.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Letter Reference and Date: Document identification number, date of issuance, and type of SBLC
2. Issuing Bank Details: Complete details of the issuing bank including name, address, and SWIFT code
3. Beneficiary Details: Full name and address of the beneficiary of the SBLC
4. Applicant Details: Complete information about the party requesting the SBLC
5. Amount and Currency: The maximum drawable amount and currency of the SBLC
6. Expiry Details: Date and place of expiry of the SBLC
7. Form of Presentation: Requirements for making a complying presentation under the SBLC
8. Available With: Specifies whether the SBLC is available with any bank or specific banks
9. Purpose Statement: Clear statement of the purpose and non-operative nature of the SBLC
10. Governing Rules: Reference to ISP98 or UCP 600 as applicable
11. Governing Law and Jurisdiction: Specification of Indonesian law and relevant jurisdiction
1. Transferability Clause: Include when the SBLC needs to be transferable to other beneficiaries
2. Partial Drawings: Include when multiple partial drawings are to be permitted
3. Special Conditions: Include when there are additional requirements or conditions specific to the transaction
4. Force Majeure: Include when specific force majeure provisions are required beyond standard banking practice
5. Anti-Money Laundering Compliance: Include when enhanced AML provisions are required
6. Language Provision: Include when the SBLC needs to be issued in multiple languages
1. Schedule A - Form of Demand: Standard format for making a complying demand under the SBLC
2. Schedule B - Supporting Documents: List and format of required supporting documents for presentation
3. Schedule C - Bank Authorization: Copy of authorized signatories and specimen signatures
4. Appendix 1 - Underlying Transaction Details: Details of the transaction or obligation being supported by the SBLC
5. Appendix 2 - Fee Schedule: Details of all applicable fees, charges, and commission
6. Appendix 3 - Communication Procedures: Procedures for notifications and communications between parties
Find the exact document you need
Letter Of Credit Loan
An Indonesian law-governed agreement establishing terms for letter of credit facilities between a bank and borrower, complying with local banking regulations and international practices.
Download
Lc Trade (Finance)
An Indonesian-law governed Letter of Credit document that provides secured payment mechanism for international trade transactions, compliant with local banking regulations and international standards.
Download
Lc At Sight Terms
Letter of Credit at Sight terms document under Indonesian law, establishing bank payment commitments for international trade transactions.
Download
Biaya Letter Of Credit
An Indonesian law-governed agreement establishing fees and payment terms for Letter of Credit services between a bank and its client.
Download
Trade Lc
An Indonesian-law governed Trade Letter of Credit document that facilitates secure international trade transactions through bank-guaranteed payment commitments.
Download
Lc Document
A bank-issued payment guarantee document for international trade transactions, governed by Indonesian banking laws and UCP 600.
Download
Payment Terms SBLC
Indonesian law-governed document establishing terms and conditions for Standby Letter of Credit payment arrangements, including banking obligations and compliance requirements.
Download
Import Bill Under Lc
Indonesian Import Bills Under LC agreement outlining terms and conditions for documentary credit operations under Indonesian law and international trade practices.
Download
Lc For Payment
A bank-issued payment guarantee document under Indonesian law that ensures secure payment in international trade transactions, subject to document compliance.
Download
Lc Facility
An Indonesian law-governed agreement establishing terms for a bank to issue letters of credit for a corporate client, combining local banking regulations with international trade practices.
Download
Letter Of Credit Limit
An Indonesian law-governed agreement establishing a revolving facility for issuing Letters of Credit up to a predetermined limit.
Download
Lc Invoice
An LC Invoice is a formal trade document used in letter of credit transactions, compliant with Indonesian trade laws and international banking standards.
Download
SBLC As Collateral
An Indonesian law-governed agreement establishing terms for using a Standby Letter of Credit as collateral security, compliant with local banking regulations.
Download
Application Letter For Lc
A formal application document used in Indonesia to request a bank to issue a Letter of Credit, governed by Indonesian banking laws and international trade practices.
Download
Marginal Deposit On Letter Of Credit
An Indonesian law-governed agreement establishing terms for maintaining a cash deposit as security for a Letter of Credit facility.
Download
Loan Against Letter Of Credit
An Indonesian law-governed agreement for providing bank financing against a Letter of Credit as security, commonly used in international trade transactions.
Download
Lc Payment Terms In Export
Indonesian law-compliant Letter of Credit payment terms agreement for export transactions, incorporating local regulations and international banking practices.
Download
Direct Pay Letter Of Credit
An Indonesian law-governed bank undertaking that guarantees payment to a beneficiary upon presentation of compliant documents in international trade transactions.
Download
Sblc Trade (Finance)
An Indonesian law-governed agreement establishing terms and conditions for issuing and managing Standby Letters of Credit in international trade transactions.
Download
Lc Export Import
An Indonesian law-governed Letter of Credit Export Import agreement facilitating secure international trade transactions with standardized payment and documentation requirements.
Download
SBLC DLC
A bank-issued financial instrument under Indonesian law that provides payment security in international trade and financial transactions, governed by local banking regulations and international standards.
Download
Credit Letter In Business Communication
An Indonesian law-governed banking document that establishes credit arrangements between financial institutions and businesses, operating under Indonesia's banking regulations and financial authority oversight.
Download
Collateral For Letter Of Credit
An Indonesian law-governed security agreement establishing collateral arrangements for Letter of Credit facilities, compliant with local banking and security regulations.
Download
Cash Backed SBLC
An Indonesian law-governed agreement for a cash-collateralized Standby Letter of Credit, establishing terms between bank, applicant, and beneficiary.
Download
SBLC Transferable
A transferable bank guarantee instrument governed by Indonesian law that allows the beneficiary to transfer their rights to receive payment to another party.
Download
SBLC Non Recourse Loan
An Indonesian law-governed loan agreement secured by SBLC with non-recourse provisions, combining local regulatory compliance with international banking practices.
Download
Letter Of Credit Risk
Risk management framework for Letter of Credit transactions under Indonesian law, incorporating local banking regulations and international standards.
Download
Letter Of Credit Fee
An Indonesian banking document specifying fees and charges for Letter of Credit services, governed by Indonesian banking laws and Bank Indonesia regulations.
Download
Letter Of Credit Duration
A formal banking document used in Indonesia to modify the duration of an existing Letter of Credit, governed by Indonesian banking regulations and international trade practices.
Download
Lc Finance Term
Indonesian law-governed Letter of Credit financing facility agreement establishing terms for LC issuance and trade finance operations.
Download
Letter Of Credit Payment Terms
An Indonesian law-governed document specifying Letter of Credit payment terms and conditions for international trade transactions, aligned with Bank Indonesia regulations and UCP 600.
Download
Guarantee Letter Of Credit
An Indonesian law-governed banking instrument that provides a bank's guarantee of payment to a beneficiary upon presentation of compliant documents under UCP 600 rules.
Download
Credit Facility Offer Letter
An Indonesian law-governed formal letter from a bank to a prospective borrower detailing approved credit facility terms and conditions.
Download
Cash Collateralized Letter Of Credit
An Indonesian law-governed agreement establishing terms for a Cash Collateralized Letter of Credit facility, detailing collateral requirements and LC issuance procedures.
Download
Application For Letter Of Credit
An Indonesian-law governed application form for requesting a bank to issue a Letter of Credit, following Bank Indonesia regulations and international banking practices.
Download
SBLC Buyers
An Indonesian law-governed agreement between a buyer and bank for the issuance of a Standby Letter of Credit (SBLC), outlining terms, conditions, and compliance requirements.
Download
SBLC Backed Buyers Credit
An Indonesian law-governed financing agreement establishing an SBLC-backed buyers credit facility with associated terms, conditions, and security arrangements.
Download
SBLC At Sight
An Indonesian law-governed bank guarantee instrument that provides immediate payment upon compliant document presentation, combining local banking regulations with international practices.
Download
Transferring Bank In Lc
An Indonesian law-governed document facilitating the transfer of Letters of Credit rights from first to second beneficiary, compliant with UCP 600 and local banking regulations.
Download
Revolving SBLC
An Indonesian law-governed Revolving SBLC agreement establishing a renewable credit facility with automatic reinstatement provisions.
Download
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)