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1. Issuing Bank Details: Complete details of the issuing bank including name, address, SWIFT code, and reference numbers
2. Beneficiary Information: Full details of the beneficiary including name, address, and bank account information
3. Applicant Information: Complete details of the applicant (buyer) including name, address, and reference information
4. Credit Amount and Currency: Specification of the credit amount, currency, and any tolerance levels
5. Credit Type and Number: Identification of the credit as a Time LC and its unique reference number
6. Expiry Details: Expiry date and place of the credit
7. Payment Terms: Specific terms including maturity date, payment timeline, and acceptance conditions
8. Required Documents: Detailed list of all required documents for presentation
9. Shipment Terms: Specifications for shipment including latest shipment date and partial shipments status
10. Presentation Period: Timeline for document presentation after shipment
1. Transferability Clause: Required only if the LC is transferable to another beneficiary
2. Revolving Terms: Included only for revolving Letters of Credit specifying reinstatement terms
3. Red Clause: Optional advance payment terms if applicable
4. Back-to-Back Provisions: Required only for back-to-back LC arrangements
5. Special Instructions: Any additional instructions or conditions specific to the transaction
6. Confirmation Instructions: Required only if the LC needs confirmation from another bank
1. Schedule A - Document Requirements: Detailed specifications for each required document including format and content requirements
2. Schedule B - Commercial Invoice Requirements: Specific requirements and format for commercial invoices
3. Schedule C - Transport Document Requirements: Detailed requirements for bills of lading or other transport documents
4. Schedule D - Insurance Document Requirements: Requirements for insurance certificates or policies if required
5. Appendix 1 - Standard Banking Forms: Standard forms required by the issuing bank for document presentation
6. Appendix 2 - Fee Schedule: Detailed breakdown of all applicable banking fees and charges
Applicant
Banking Day
Beneficiary
Bill of Exchange
Clean Documents
Complying Presentation
Confirmation
Credit
Deferred Payment
Discrepancy
Documentary Credit
Draft
Expiry Date
Honour
Issuing Bank
Maturity Date
Negotiation
Nomination
Original Documents
Payment at Sight
Presentation
Presenting Bank
Reimbursing Bank
Second Beneficiary
Shipping Documents
Tenor
Transfer
UCP 600
Underlying Transaction
Usance Period
Valid Document
Payment Terms
Maturity Date
Document Presentation
Expiry and Validity
Documentary Requirements
Shipping Terms
Bank Obligations
Applicant Undertakings
Beneficiary Rights
Amendment Conditions
Force Majeure
Governing Law
Dispute Resolution
Bank Charges
Compliance Requirements
Anti-Money Laundering
Document Examination
Transfer Rights
Confirmation Terms
Reimbursement Obligations
Discrepancy Handling
Notice Requirements
Assignment Restrictions
Default Provisions
Sanctions Compliance
Banking and Financial Services
International Trade
Manufacturing
Oil and Gas
Construction
Retail
Wholesale Distribution
Agriculture
Mining
Telecommunications
Automotive
Chemical Industry
Textile Industry
Electronics Manufacturing
Energy
Trade Finance
International Banking
Treasury
Procurement
Finance
Risk Management
Compliance
Legal
Supply Chain
Operations
Commercial Banking
Documentary Credits
Trade Finance Manager
International Trade Specialist
Finance Director
Treasury Manager
Import/Export Manager
Procurement Manager
Credit Manager
Banking Operations Manager
Trade Operations Officer
Documentary Credits Specialist
Commercial Banking Officer
Risk Management Officer
Compliance Officer
Chief Financial Officer
Supply Chain Manager
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