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1. LC Number and Date: Unique identification number of the LC and date of issuance
2. Issuing Bank Details: Complete name and address of the bank issuing the LC
3. Applicant Details: Full name and address of the importer/buyer requesting the LC
4. Beneficiary Details: Complete name and address of the exporter/seller in whose favor the LC is issued
5. Currency and Amount: Currency denomination and amount of the LC in both figures and words
6. Expiry Date and Place: Last date for presentation of documents and location where documents must be presented
7. Available With/By: Name of nominated bank (if any) and manner of availability (sight, deferred payment, acceptance, negotiation)
8. Shipment Terms: Latest shipment date, partial shipments, transshipment permissions/restrictions
9. Port Details: Port of loading and port of discharge
10. Document Requirements: List of required documents (commercial invoice, transport documents, insurance documents, etc.)
11. Goods Description: Brief description of goods being traded, including quantity and unit price
12. Payment Terms: Specification of when and how payment will be made upon document presentation
1. Transferability Clause: Include when the LC needs to be transferable to a second beneficiary
2. Red Clause: Include when advance payment to the beneficiary is permitted
3. Green Clause: Include when storage of goods at destination is required with advance payment
4. Revolving Credit Clause: Include when the LC is intended to automatically renew for multiple shipments
5. Back-to-Back Arrangements: Include when the LC supports a back-to-back LC structure
6. Confirmation Instructions: Include when confirmation from another bank is required
7. Special Conditions: Include any additional terms specific to the trade transaction
1. Schedule A - Commercial Invoice Requirements: Detailed specifications 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: Details of required insurance coverage and document specifications
4. Schedule D - Certificate Requirements: Specifications for certificates of origin, inspection certificates, etc.
5. Appendix 1 - Product Specifications: Detailed technical specifications of the goods being traded
6. Appendix 2 - Special Instructions: Any additional instructions for document preparation or shipment
7. Appendix 3 - Bank Contact Details: Contact information for all banks involved in the LC transaction
Applicant
Banking Day
Beneficiary
Bill of Exchange
Bill of Lading
Clean Collection
Commercial Invoice
Complying Presentation
Confirmation
Confirming Bank
Credit
Documentary Credit
Documents Against Acceptance
Documents Against Payment
Draft
Expiry Date
Force Majeure
Honour
ICC
Issuing Bank
Letter of Credit
Negotiating Bank
Negotiation
Nomination
Presentation
Reimbursing Bank
Shipping Documents
Sight Payment
Trade Terms
UCP 600
Usance
Air Waybill
Certificate of Origin
Packing List
Insurance Certificate
Inspection Certificate
Bank Guarantee
SWIFT
Incoterms
Document Requirements
Expiry and Presentation
Shipment Terms
Bank Obligations
Amendments
Force Majeure
Governing Law
Dispute Resolution
Disclaimers and Limitations
Transferability
Confirmation
Document Examination
Reimbursement
Charges and Commissions
Notices
Assignment
Sanctions and Compliance
Anti-Money Laundering
Bank Communications
Document Discrepancies
Validity Period
Partial Shipments
Transhipment
Insurance Coverage
Bank Confirmation
Document Presentation
Payment Instructions
Banking & Financial Services
International Trade
Manufacturing
Retail
Commodities
Agriculture
Textiles
Electronics
Automotive
Pharmaceuticals
Chemical Industry
Heavy Machinery
Consumer Goods
Finance
International Trade Operations
Treasury
Procurement
Supply Chain
Risk Management
Compliance
Banking Operations
Trade Documentation
Legal
Trade Finance Manager
Import Manager
International Trade Specialist
Documentary Credit Officer
Compliance Officer
Chief Financial Officer
Treasury Manager
Banking Operations Manager
International Business Development Manager
Supply Chain Manager
Procurement Manager
Finance Director
Risk Management Officer
Letter of Credit Specialist
International Trade Operations Manager
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