Irrevocable Standby Letter Of Credit Template for Saudi Arabia

1. Confirmation Instructions: Include when confirmation by another bank is requested

2. Multiple Currency Provisions: Include when the SBLC allows for drawings in multiple currencies

3. Assignment Provisions: Include when proceeds of the SBLC are assignable

4. Automatic Extension Clause: Include when the SBLC has an automatic extension feature

5. Special Commission Statement: Include when specific commission arrangements exist (must be Shariah-compliant)

6. Counter-Guarantee Reference: Include when the SBLC is issued under a counter-guarantee structure

7. Force Majeure Provisions: Include when specific force majeure terms are required beyond standard provisions

1. Schedule A - Required Documents: Detailed list and format of all documents required for drawing under the SBLC

2. Schedule B - Form of Demand: Prescribed format for beneficiary's demand under the SBLC

3. Schedule C - Special Conditions: Any additional conditions or requirements specific to this SBLC

4. Appendix 1 - Underlying Transaction Details: Reference to the underlying commercial transaction or obligation

5. Appendix 2 - Bank Authorization Documents: Copies of relevant bank authorizations and powers of attorney

6. Appendix 3 - Communication Procedures: Detailed procedures for communications between parties

7. Appendix 4 - Fee Schedule: Schedule of all applicable fees and charges (structured in Shariah-compliant manner)