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1. Letter of Credit Number and Date: Unique identification number and issuance date of the LC
2. Issuing Bank Details: Complete name, address, and contact information of the issuing bank
3. Applicant Details: Full name, address, and contact information of the party requesting the LC
4. First Beneficiary Details: Complete information of the original beneficiary
5. Amount and Currency: Maximum credit amount and currency denomination
6. Transferability Clause: Explicit statement that the credit is transferable and conditions of transfer
7. Expiry Date and Place: Validity period and location where the credit expires
8. Documentation Requirements: Specific documents required for presentation and their characteristics
9. Shipment Terms: Details of shipment, latest shipment date, and partial shipments if allowed
10. Transfer Conditions: Terms and conditions under which the credit may be transferred
11. Presentation Period: Timeframe within which documents must be presented after shipment
12. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction
1. Islamic Banking Compliance: Required when the LC is issued under Islamic banking principles, specifying Shariah compliance requirements
2. Multiple Transfer Provisions: Include when the LC allows for transfer to more than one second beneficiary
3. Special Instructions: Any specific requirements or conditions unique to the transaction
4. Bank-to-Bank Reimbursement: Include when specific reimbursement arrangements between banks need to be detailed
5. Confirmation Instructions: Required when confirmation from another bank is requested
6. Foreign Exchange Provisions: Include when the LC involves currency conversion or specific exchange rate terms
1. Schedule A - Document Requirements: Detailed list of required documents and their specific format requirements
2. Schedule B - Transfer Application Form: Standard form to be used when requesting transfer of the credit
3. Schedule C - Fee Schedule: Breakdown of all applicable fees and charges
4. Appendix 1 - UCP 600 Incorporation: Specific UCP 600 articles applicable to this LC
5. Appendix 2 - Specimen Signatures: Authorized signatures for the issuing bank and first beneficiary
6. Appendix 3 - Transfer Instructions: Detailed procedures and requirements for executing transfers
Applicant
Banking Day
Beneficiary
Confirmation
Credit
Documents
Draft
Expiry Date
First Beneficiary
Governing Law
Issuing Bank
Letter of Credit
Negotiating Bank
Notification
Presentation
Second Beneficiary
Shipment
Transfer
Transferring Bank
Transport Document
UCP 600
Bank Charges
Credit Amount
Documentary Requirements
Expiry Place
Goods
Latest Shipment Date
Payment Terms
Place of Presentation
Reimbursing Bank
Security Interest
Transfer Application
Transfer Date
Transfer Fee
Transfer Rights
Documentary Requirements
Payment Terms
Expiry and Validity
Transfer Conditions
Presentation Requirements
Bank Charges
Notification Requirements
Amendment Provisions
Force Majeure
Compliance
Governing Law
Jurisdiction
Document Examination
Confidentiality
Representations and Warranties
Disclaimer
Assignment
Notices
Severability
Entire Agreement
Dispute Resolution
Islamic Banking Compliance
Foreign Exchange
Bank Undertakings
Documentation Discrepancies
Shipping Terms
Reimbursement
Banking and Financial Services
International Trade
Manufacturing
Import/Export
Logistics and Supply Chain
Commodities Trading
Retail
Agriculture
Mining and Resources
Textiles and Garments
Electronics and Technology
Trade Finance
International Banking
Documentary Credits
Compliance
Risk Management
Treasury
Legal
Operations
Islamic Banking
Credit Administration
Trade Operations
Customer Relations
Trade Finance Manager
International Banking Officer
Letter of Credit Specialist
Compliance Officer
Trade Operations Manager
Documentary Credits Manager
Foreign Exchange Manager
Risk Management Officer
Treasury Manager
Export Finance Specialist
Import Finance Manager
Banking Relationship Manager
Trade Documentation Specialist
Islamic Banking Officer
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