Export Lc Discounting Template for Netherlands

1. Security Arrangements: Required when additional security or collateral is needed beyond the LC itself

2. Insurance Requirements: Included when specific insurance coverage is required for the underlying trade transactions

3. Counter-Indemnity: Used when the exporter needs to provide additional indemnification to the bank

4. Sanctions Compliance: Detailed section on sanctions compliance when dealing with high-risk jurisdictions

5. Electronic Documentation: Required when parties agree to use electronic presentation of documents

6. Multiple Currency Provisions: Included when the facility covers LCs in multiple currencies

1. Schedule 1 - Facility Limits and Sub-limits: Detailed breakdown of facility limits, including any currency-specific or buyer-specific sub-limits

2. Schedule 2 - Pricing Schedule: Detailed pricing matrix including discount rates and fees for different tenors and situations

3. Schedule 3 - Form of Discounting Request: Standard form for submitting LC discounting requests

4. Schedule 4 - Eligible LC Criteria Checklist: Detailed checklist of requirements for eligible LCs

5. Schedule 5 - Approved Issuing Banks: List of banks whose LCs are acceptable for discounting

6. Appendix A - Required Documents: List of documents required for each discounting transaction

7. Appendix B - Processing Procedures: Detailed operational procedures for LC submission and processing