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1. Applicant Information: Complete details of the applicant including legal name, address, contact information, and registration numbers
2. Beneficiary Information: Full details of the beneficiary including legal name, address, and bank details
3. Letter of Credit Type: Specification of the type of LC (e.g., Irrevocable, Confirmed, Transferable, etc.)
4. Currency and Amount: The currency and amount of the Letter of Credit in both figures and words
5. Expiry Date and Place: The expiration date of the Letter of Credit and the place where it expires
6. Shipment Details: Information about shipment including latest shipment date, partial shipments, transhipment permissions
7. Document Requirements: List of required documents (e.g., commercial invoice, transport documents, insurance documents)
8. Goods Description: Detailed description of the goods or services being traded
9. Payment Terms: Specifications of when and how payment should be made
10. Bank Charges: Information about who bears which bank charges
1. Insurance Instructions: Required when the applicant needs specific insurance coverage requirements to be stated
2. Special Conditions: Any additional terms or conditions specific to this transaction
3. Transfer Instructions: Required when the Letter of Credit needs to be transferable
4. Back-to-Back LC Details: Required when this LC is being issued against another LC
5. Revolving Credit Instructions: Required when the LC is to be issued as a revolving credit
6. Red Clause Instructions: Required when advance payment provisions are needed
1. Required Documents Checklist: Detailed checklist of all required documents with specific requirements for each
2. Commercial Invoice Template: Standard format for the commercial invoice if specific formatting is required
3. Bank's Standard Terms and Conditions: The issuing bank's standard terms and conditions for Letters of Credit
4. Fee Schedule: Detailed breakdown of all applicable bank charges and fees
5. Authorization Signatures: Specimen signatures of authorized persons who can act on behalf of the applicant
Applicant
Banking Day
Beneficiary
Bill of Exchange
Bill of Lading
Clean Collection
Commercial Invoice
Complying Presentation
Confirmation
Confirming Bank
Credit
Documentary Credit
Draft
Expiry Date
Force Majeure
Forwarding Agent
Freight Forwarder
Incoterms
Insurance Certificate
Insurance Policy
Issuing Bank
Letter of Credit
Negotiating Bank
Negotiation
Original Documents
Packing List
Partial Shipment
Payment at Sight
Port of Discharge
Port of Loading
Presentation
Red Clause
Reimbursing Bank
Shipping Documents
Standby Letter of Credit
Transhipment
UCP 600
Usance
Warehouse Receipt
Beneficiary Information
Credit Amount
Currency Specifications
Availability of Credit
Expiry Conditions
Document Requirements
Shipment Terms
Description of Goods
Insurance Coverage
Bank Charges
Amendment Procedures
Presentation Terms
Payment Terms
Transfer Rights
Governing Law
Bank Disclaimers
Force Majeure
Documentation Requirements
Shipping Instructions
Compliance Requirements
Anti-Money Laundering
Bank Communications
Authorization
Indemnification
Fee Structure
Confirmation Instructions
Reimbursement Terms
Special Conditions
Security Provisions
International Trade
Banking and Financial Services
Import/Export
Manufacturing
Wholesale Trade
Retail Trade
Commodities Trading
Shipping and Logistics
Agriculture
Mining and Resources
Construction
Industrial Equipment
Finance
Treasury
International Trade
Procurement
Supply Chain
Risk Management
Legal
Trade Operations
Banking Relations
Credit Administration
Trade Finance Manager
Import/Export Manager
Treasury Manager
Finance Director
International Trade Specialist
Trade Operations Manager
Banking Relations Manager
Chief Financial Officer
Financial Controller
Procurement Manager
Supply Chain Manager
Credit Manager
Documentary Credits Specialist
International Business Development Manager
Risk Management Officer
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