A Clean Letter of Credit is a fundamental banking instrument used when parties require a secure payment method with minimal documentation requirements. This document, governed by Qatar law and international banking practices (UCP 600), is particularly useful in transactions where traditional commercial documents are not practical or necessary. Unlike standard documentary credits, Clean Letters of Credit typically require only basic documents such as sight drafts or simple payment demands. They are commonly used in financial transactions, service contracts, or as security for advance payments. The document must comply with Qatar Central Bank regulations and may also need to adhere to Qatar Financial Centre (QFC) requirements if any party operates within the QFC. It's essential to note that while this instrument simplifies documentation requirements, it still maintains the formal structure and security features of traditional letters of credit.

1. Letter of Credit Number and Type: Unique L/C reference number and specification as an irrevocable clean letter of credit

2. Issuing Bank Details: Complete name and address of the issuing bank

3. Date of Issue: Date when the letter of credit is issued

4. Applicant Details: Full name and address of the party requesting the letter of credit

5. Beneficiary Details: Full name and address of the party in whose favor the L/C is issued

6. Currency and Amount: The currency and amount of the letter of credit, both in figures and words

7. Expiry Date and Place: Clear statement of when and where the letter of credit expires

8. Payment Terms: Specification of how and when payment will be made (at sight, deferred, etc.)

9. Available With/By: Specification of which bank the credit is available with and by what payment method

10. Required Documents: List of minimal documents required for claiming payment under clean L/C

11. Special Conditions: Any specific conditions or terms that apply to this letter of credit

12. Governing Law Statement: Clear statement that the L/C is governed by Qatar law and UCP 600