Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Parties: Identification of the applicant, issuing bank, and any other relevant parties to the agreement
2. Background: Context of the agreement and the relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Letter of Credit Terms: Core terms including amount, validity period, and type of LC
5. Payment Terms and Conditions: Conditions for payment, documentation requirements, and payment procedures
6. Rights and Obligations: Detailed responsibilities of each party
7. Fees and Charges: All applicable fees, charges, and commission structures
8. Documentation Requirements: Specific documents required for LC operation
9. Representations and Warranties: Standard declarations by the parties regarding their capacity and authority
10. Events of Default: Circumstances constituting default and consequences
11. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction details
12. Notices: Communication procedures between parties
13. Term and Termination: Duration of agreement and termination provisions
1. Islamic Banking Provisions: Required when the LC needs to be Shariah-compliant
2. Counter-Indemnity: Additional security provisions when required by the issuing bank
3. Foreign Currency Provisions: Required for LCs in currencies other than Malaysian Ringgit
4. Syndication Provisions: Required when multiple banks are involved in issuing the LC
5. Assignment and Transfer: Include when transfer of LC rights needs to be addressed
6. Force Majeure: Specific provisions for unforeseen circumstances affecting LC operation
7. Anti-Money Laundering Compliance: Additional compliance requirements for high-risk transactions
1. Schedule 1 - LC Application Form: Standard form for LC application
2. Schedule 2 - Fee Schedule: Detailed breakdown of all applicable fees and charges
3. Schedule 3 - Required Documents: Comprehensive list of required documentation
4. Schedule 4 - Standard Operating Procedures: Detailed procedures for LC operation
5. Appendix A - Sample LC Format: Template of the LC format to be used
6. Appendix B - Authorized Signatories: List of authorized signatories for all parties
7. Appendix C - Compliance Checklist: Checklist for regulatory compliance requirements
Applicant
Banking Day
Beneficiary
Bill of Exchange
Bill of Lading
Commercial Invoice
Confirmation
Credit Amount
Documentary Credit
Documents
Draft
Expiry Date
Financial Services Act
Governing Law
Insurance Certificate
Issuing Bank
Letter of Credit
Negotiating Bank
Packing List
Payment Undertaking
Presentation
Reimbursing Bank
Ringgit Malaysia
Shipping Documents
Swift Message
Trade Finance Facility
UCP 600
Underlying Transaction
Application Process
Payment Terms
Documentary Requirements
Representations and Warranties
Fees and Charges
Security
Indemnification
Default
Remedies
Force Majeure
Assignment
Amendments
Notices
Confidentiality
Regulatory Compliance
Anti-Money Laundering
Dispute Resolution
Governing Law
Jurisdiction
Termination
Currency
Bank Obligations
Applicant Obligations
Documentation
Liability Limitation
Waiver
Severability
Entire Agreement
Counterparts
Banking and Financial Services
International Trade
Manufacturing
Import/Export
Logistics and Supply Chain
Retail
Wholesale
Commodities Trading
Energy
Agriculture
Construction
Automotive
Finance
Treasury
International Trade
Legal
Compliance
Risk Management
Operations
Trade Operations
Credit
Supply Chain
Procurement
Trade Finance Manager
Chief Financial Officer
Finance Director
Treasury Manager
Import/Export Manager
Financial Controller
Banking Relationship Manager
Trade Operations Manager
Compliance Officer
Legal Counsel
Risk Manager
Credit Manager
Documentary Credits Specialist
International Trade Specialist
Supply Chain Manager
Find the exact document you need
Credit Note Letter To Customer
A Malaysian-compliant business document that formally acknowledges a reduction in a customer's payment obligation to a company, typically issued to correct billing errors or process returns.
Letter Of Credit Rates
A Malaysian banking document outlining the fee structure and commission rates for Letter of Credit services, governed by Malaysian financial regulations and banking laws.
Credit Limit Approval Letter To Customer
A Malaysian-compliant formal letter from a financial institution approving and establishing terms for a customer's credit facility.
Credit Application Request Letter
A formal letter requesting credit facilities from a Malaysian financial institution, complying with local banking regulations and requirements.
Letter Of Credit Limit
A Malaysian law-governed banking facility document establishing terms for issuing Letters of Credit up to an approved limit.
SBLC As Collateral
Malaysian law-governed agreement establishing terms for using a Standby Letter of Credit as collateral security, incorporating local banking regulations and international practices.
Lc Invoice
A specialized commercial invoice document used in Letter of Credit transactions under Malaysian law, combining standard invoice elements with specific LC requirements for international trade.
Cash Letter Credit
A Malaysian-law governed banking instrument representing an irrevocable payment commitment from a bank to a beneficiary, subject to document compliance.
Marginal Deposit On Letter Of Credit
A Malaysian law-governed agreement establishing terms for a marginal deposit as security for a Letter of Credit facility, complying with local banking regulations and facilitating international trade financing.
Lc Agreement
A Malaysian law-governed agreement establishing terms and conditions for Letter of Credit issuance and management, complying with local banking regulations and international standards.
Lc Export Import
A Malaysian-compliant Letter of Credit document that facilitates secure international trade payments, governed by local banking laws and UCP 600.
SBLC For Buyers Credit
A Malaysian law-governed bank guarantee instrument supporting buyer's credit facilities in commercial transactions, providing payment security to creditors.
Letter Of Credit Collection
A Malaysian-compliant banking instruction document for international trade payment collection through Letter of Credit, governed by local financial regulations and international banking standards.
180 Days Usance Lc
A Malaysian law-governed Letter of Credit providing 180-day deferred payment terms for international trade transactions, combining local regulatory requirements with international banking practices.
Letter Of Credit Risk
A Malaysian jurisdiction risk assessment and management framework for Letter of Credit transactions, covering both conventional and Islamic banking requirements.
Letter Of Credit Fraud
A Malaysian law-governed document addressing letter of credit fraud in international trade, incorporating local banking regulations and international banking practices.
Letter Of Credit Amount
A Malaysian banking document specifying the amount and terms of a letter of credit, governed by Bank Negara Malaysia regulations and international UCP 600 guidelines.
Credit Facility Offer Letter
A Malaysian-compliant formal letter from a financial institution offering credit facilities to a borrower, detailing key terms and conditions under Malaysian banking regulations.
Cash Collateralized Letter Of Credit
Malaysian law-governed agreement for a cash-backed letter of credit facility, establishing terms between bank, applicant, and beneficiary.
SBLC At Sight
A Malaysian-law governed Standby Letter of Credit that provides immediate payment guarantee upon presentation of compliant documents.
Usance Lc Discounting
Malaysian law-governed agreement for discounting of Usance Letters of Credit between financial institutions and beneficiaries.
Revolving SBLC
A Malaysian law-governed revolving standby letter of credit agreement establishing terms for an automatically renewable financial guarantee facility.
Payment Terms Dlc
Malaysian-law governed payment terms document for Documentary Letter of Credit transactions, establishing secure international trade payment conditions.
Non Transferable SBLC
A Malaysian law-governed Non-Transferable Standby Letter of Credit that provides payment guarantee to a specific beneficiary, with explicit prohibition on transfer or assignment.
Non Operative SBLC
A Malaysian-law governed standby letter of credit serving as a bank guarantee for payment or performance obligations, subject to Malaysian banking regulations.
Negotiable Lc
A Malaysian law-governed banking instrument that provides payment security in international trade through a negotiable letter of credit structure.
Mixed Payment Lc
A Malaysian-compliant financial instrument that combines multiple payment methods in a Letter of Credit for international trade transactions.
Irrevocable Non Transferable Letter Of Credit
A Malaysian law-governed banking instrument that provides an irrevocable and non-transferable payment guarantee in international trade, subject to document compliance.
Direct Pay Standby Letter Of Credit
A Malaysian law-governed standby letter of credit providing payment security through an irrevocable bank undertaking, subject to document compliance.
Credit Card Clearance Letter
A Malaysian banking document confirming complete settlement and closure of a credit card account, issued by the card-issuing bank.
Freely Negotiable Letter Of Credit
A Malaysian-governed banking instrument that provides payment assurance in international trade, allowing negotiation at any bank worldwide.
Transferable Lc At Sight
A Malaysian-compliant financial instrument allowing transfer of letter of credit rights to second beneficiaries with payment at sight, governed by UCP 600 and local banking regulations.
Straight Letter Of Credit
A Malaysian law-governed banking instrument providing direct, irrevocable payment commitment in international trade transactions.
Small Business Letter Of Credit
A Malaysian-law governed Letter of Credit document tailored for small business transactions, providing payment security in international trade.
Secured Letter Of Credit
A Malaysian law-governed financial instrument combining a traditional letter of credit with security arrangements, providing enhanced protection for the issuing bank through collateral requirements.
Red Letter Of Credit
A Malaysian-governed banking instrument that provides payment security in international trade transactions, subject to Malaysian banking regulations and UCP 600.
Loan Facility Letter
A Malaysian law-governed document issued by financial institutions outlining approved loan facility terms and conditions, compliant with local banking regulations and Financial Services Act 2013.
Non Operative Letter Of Credit
A Malaysian law-governed banking instrument that provides conditional payment guarantee in international trade, pending activation upon fulfillment of specified conditions.
Letter Of Credit 90 Days
A Malaysian law-governed trade finance instrument providing 90-day deferred payment terms with bank-guaranteed security for international trade transactions.
Letter Of Credit 60 Days
A Malaysian-law governed Letter of Credit providing 60-day deferred payment terms for international trade transactions, regulated under local banking laws and UCP 600.
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)