Letter Of Credit Contract Template for Qatar

1. Islamic Banking Compliance: Required when the L/C needs to be Sharia-compliant, specifying relevant Islamic banking principles

2. Transfer Provisions: Include when the L/C is transferable, detailing transfer conditions

3. Back-to-Back Credit Terms: Required when the L/C is part of a back-to-back arrangement

4. Revolving Credit Terms: Include when the L/C is revolving, specifying reinstatement conditions

5. Red Clause Provisions: Include when advance payment provisions are required

6. Force Majeure: Optional clause detailing circumstances beyond parties' control

7. Assignment of Proceeds: Include when assignment of proceeds is permitted

1. Schedule 1 - Documentary Requirements: Detailed checklist of required documents and their specifications

2. Schedule 2 - Fees and Charges: Detailed breakdown of all applicable banking fees and charges

3. Schedule 3 - Form of Documents: Standard formats for key documents required under the L/C

4. Appendix A - UCP 600 References: Relevant articles of UCP 600 applicable to this L/C

5. Appendix B - Bank's Standard Terms: Standard terms and conditions of the issuing bank

6. Appendix C - Specimen Signatures: Authorized signatures for all relevant parties