A Letter of Credit Amendment is utilized when parties need to modify the terms of an existing Letter of Credit in Qatar's jurisdiction. This document type is essential in international trade finance when circumstances require changes to the original credit terms, such as extension of validity, modification of amount, or alteration of shipping terms. The amendment must comply with Qatar's banking regulations, including Qatar Central Bank Law and Sharia principles, while also following international banking practices like UCP 600. It provides a secure way to modify trade finance arrangements while maintaining the certainty and protection that Letters of Credit offer to both importers and exporters. The document is particularly crucial in Qatar's business environment, where international trade plays a significant role in the economy.

1. LC Reference Information: Original Letter of Credit number, date, and issuing bank details

2. Beneficiary Information: Complete details of the beneficiary as stated in the original LC

3. Applicant Information: Complete details of the applicant as stated in the original LC

4. Amendment Number: Sequential number of the amendment

5. Amendment Details: Clear statement of the specific terms being modified

6. All Other Terms: Standard clause confirming all other terms and conditions remain unchanged

7. Authentication: Bank authorization and authentication details