A Letter of Credit Amendment is essential when parties need to modify the terms of an existing Letter of Credit in Pakistan's international trade context. This document type is commonly used when circumstances require changes to the original LC terms, such as extension of validity periods, modification of shipment dates, or adjustment of credit amounts. The amendment must comply with Pakistani banking regulations, particularly the Banking Companies Ordinance and State Bank of Pakistan guidelines, while also adhering to international UCP 600 standards. It's crucial for maintaining the security and clarity of international trade transactions while allowing necessary flexibility in trade arrangements. The document typically requires careful review and approval from all involved parties, including the issuing bank, beneficiary, and applicant, to ensure all modifications are properly documented and agreed upon.

1. Letter of Credit Reference Details: Original LC number, date of issuance, issuing bank details, and any previous amendment numbers

2. Applicant and Beneficiary Information: Complete names and addresses of both the applicant and beneficiary as per the original LC

3. Amendment Number: Sequential number of this amendment

4. Specific Terms Being Amended: Clear statement of which terms are being modified, showing both original and new terms

5. Amendment Effective Date: Date when the amendment becomes effective

6. All Other Terms Confirmation: Statement confirming that all other terms and conditions of the original LC remain unchanged