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1. Letter Reference and Date: Unique reference number and date of the LC issuance
2. Applicant Details: Full name, address, and registration details of the party requesting the LC
3. Beneficiary Details: Complete information of the party in whose favor the LC is issued
4. Credit Amount and Currency: Specification of the LC amount and currency of payment
5. Type of Credit: Clear specification that this is an acceptance credit and its form (e.g., sight, usance)
6. Drafts Requirements: Specifications for bills of exchange including tenor and drawing instructions
7. Documents Required: List of required documents for presentation (shipping docs, commercial invoice, etc.)
8. Goods Description: Brief description of the underlying transaction and goods
9. Shipment Terms: Details of shipment including latest shipment date and partial shipments status
10. Presentation Period: Time period within which documents must be presented
11. Expiry Details: Expiry date and place of the credit
12. Banking Instructions: Instructions for negotiation, acceptance, and payment
13. Governing Law: Specification of Malaysian law as governing law and relevant regulations (UCP 600)
1. Special Conditions: Additional terms specific to the transaction or required by either party
2. Transferability Clause: Include when the LC needs to be transferable to a second beneficiary
3. Back-to-Back Provisions: Required when the LC is part of a back-to-back LC arrangement
4. Red Clause Provisions: Include when advance payment facilities are to be provided
5. Revolving Credit Terms: Include when the LC is designed to revolve in value or time
6. Islamic Banking Compliance: Required when the LC needs to comply with Shariah principles
7. Force Majeure Provisions: Extended force majeure terms when required by the transaction nature
1. Schedule A - Document Requirements: Detailed list and format of all required documents for presentation
2. Schedule B - Banking Charges: Breakdown of all applicable banking charges and their allocation
3. Schedule C - Goods Specification: Detailed description of goods, quantities, and technical specifications
4. Appendix 1 - Draft Bill of Exchange Format: Template for the bill of exchange to be presented
5. Appendix 2 - Presentation Schedule: Detailed timeline for document presentation and processing
6. Appendix 3 - Authorized Signatories: List of authorized signatories and specimen signatures
Accepting Bank
Advising Bank
Applicant
Banking Day
Beneficiary
Bill of Exchange
Commercial Invoice
Complying Presentation
Credit Amount
Documentary Credit
Documents
Draft
Expiry Date
Governing Law
Issuing Bank
Letter of Credit
Maturity Date
Negotiating Bank
Presentation
Reimbursing Bank
Shipping Documents
Tenor
Trade Terms
Transport Document
UCP 600
Documentary Requirements
Payment Terms
Acceptance Process
Presentation Requirements
Expiry and Validity
Bank Charges
Force Majeure
Assignment
Governing Law
Jurisdiction
Notices
Amendment
Default
Representations and Warranties
Document Examination
Compliance Requirements
Banking Instructions
Reimbursement
Discrepancies
Confidentiality
Dispute Resolution
Liability Limitation
Indemnification
Severability
Banking and Financial Services
International Trade
Manufacturing
Agriculture and Food
Textile and Apparel
Electronics and Technology
Oil and Gas
Commodities Trading
Automotive
Chemical Industry
Construction Materials
Mining and Minerals
Retail
Pharmaceutical
Trade Finance
International Banking
Documentary Credits
Risk Management
Corporate Banking
Treasury Operations
Legal and Compliance
Trade Operations
Credit Administration
Global Transaction Services
Trade Finance Manager
International Banking Officer
Documentary Credits Specialist
Export Finance Manager
Import Finance Manager
Trade Operations Officer
Credit Risk Officer
Relationship Manager - Corporate Banking
Treasury Manager
Trade Compliance Officer
Banking Operations Manager
Financial Controller
Chief Financial Officer
International Trade Specialist
Supply Chain Finance Manager
Letter of Credit Manager
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