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1. Letter Head and Reference Number: Bank's official letterhead, SWIFT code, and unique SBLC reference number
2. Date and Place of Issuance: Specific date and location where the SBLC is issued
3. Beneficiary Details: Complete name and address of the party in whose favor the SBLC is issued
4. Applicant Details: Complete name and address of the party requesting the SBLC
5. Amount and Currency: The maximum drawing amount and currency of the SBLC
6. Expiry Date: Clear specification of the expiry date and time of the SBLC
7. Form of Presentation: Requirements for presentation of documents for claiming under the SBLC
8. Drawing Terms: Specific conditions and documentation required for drawing under the SBLC
9. Non-Transferability Clause: Express statement that the SBLC is non-transferable
10. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and relevant jurisdiction
11. Standard Banking Practice: Reference to applicable banking practices (UCP 600 and ISP98)
12. Bank's Undertaking: The bank's commitment to honor complying presentations
1. Partial Drawings Clause: Include when partial drawings are to be allowed under the SBLC
2. Revolving Clause: Include when the SBLC is to be automatically reinstated after each drawing
3. Force Majeure Provisions: Include when specific force majeure events need to be addressed
4. Assignment of Proceeds: Include when the beneficiary needs the right to assign proceeds
5. Multiple Currency Drawings: Include when drawings in multiple currencies are to be permitted
6. Counter Guarantee Reference: Include when the SBLC is issued against a counter-guarantee
7. Special Payment Conditions: Include when specific payment mechanisms or conditions apply
1. Schedule A - Form of Demand: Standard format for making a complying demand under the SBLC
2. Schedule B - Required Documents: Detailed list of documents required for presentation
3. Schedule C - Underlying Transaction Details: Description of the commercial transaction covered by the SBLC
4. Schedule D - Fee Schedule: Details of all applicable fees, charges, and commission
5. Appendix 1 - Specimen Signatures: Authorized signatures for the beneficiary and/or applicant
6. Appendix 2 - Supporting Documents: Copies of relevant permits, licenses, or other supporting documentation
Applicant
Banking Day
Beneficiary
Business Day
Complying Presentation
Confirmation
Confirming Bank
Demand
Drawing
Event of Default
Expiry Date
Force Majeure
Governing Law
ICC
ISP98
Issuing Bank
Letter of Credit
Nominated Bank
Non-Transfer Notice
Notice of Drawing
Pakistani Banking Hours
Presentation
Principal Agreement
Relevant Documents
SBLC Amount
SBLC Number
Schedule
State Bank
SWIFT
UCP 600
Underlying Transaction
Non-Transferability
Drawing Rights
Payment Obligations
Presentation Requirements
Expiry and Termination
Bank Undertaking
Documentary Requirements
Force Majeure
Governing Law
Jurisdiction
Notices
Amendments
Assignment Restrictions
Fees and Charges
Default Events
Banking Practice Compliance
Regulatory Compliance
Anti-Money Laundering
Representations and Warranties
Dispute Resolution
Severability
Counter-Indemnity
Document Examination
Payment Mechanics
Currency Provisions
Sanctions Compliance
Fraud Prevention
Communication Methods
Partial Drawings
Banking and Financial Services
International Trade
Construction and Infrastructure
Manufacturing
Energy and Utilities
Shipping and Logistics
Real Estate Development
Oil and Gas
Telecommunications
Mining and Resources
Legal
Finance
Treasury
Trade Finance
Compliance
Risk Management
Corporate Banking
International Banking
Credit Administration
Documentation
Trade Finance Manager
Corporate Banking Officer
Financial Controller
Treasury Manager
Chief Financial Officer
Legal Counsel
Compliance Officer
Risk Manager
International Trade Specialist
Documentary Credits Manager
Banking Operations Manager
Corporate Finance Director
Credit Risk Officer
Transaction Banking Specialist
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