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1. Bank Letterhead and Reference: Issuing bank's details, LC reference number, and date of issuance
2. Beneficiary Details: Full name and address of the party receiving payment under the LC
3. Applicant Details: Full name and address of the party requesting the LC
4. Currency and Amount: Specified currency and maximum amount available under the LC
5. Expiry Date and Place: Clear statement of when and where the LC expires
6. Form of Presentation: Specification of how and where documents should be presented
7. Required Documents: Detailed list of documents required for payment (invoices, transport documents, etc.)
8. Payment Terms: Conditions and timing of payment, including whether LC is sight, deferred, or acceptance
9. Shipment Terms: Details of shipment including latest shipment date and partial shipments allowance
10. Bank Charges: Specification of which party bears which bank charges
11. Authorization: Authorized signatures and authentication from the issuing bank
1. Transferability Clause: Include when the LC needs to be transferable to another beneficiary
2. Red Clause: Include when advance payment to the beneficiary is permitted
3. Revolving Terms: Include for revolving LCs that automatically renew
4. Back-to-Back Provisions: Include when the LC supports a back-to-back LC arrangement
5. Confirmation Instructions: Include when confirmation by another bank is required
6. Green Clause: Include when warehouse storage of goods is involved with advance payment
7. Standby Provisions: Include when the LC serves as a standby guarantee
1. Document Requirements Schedule: Detailed specifications for each required document including format and content requirements
2. Goods Description Schedule: Detailed description of the goods or services covered by the LC
3. Special Conditions Appendix: Any special conditions or requirements specific to the transaction
4. Banking Instructions Appendix: Detailed instructions for document handling and payment processing
5. UCP 600 Exceptions Schedule: List of any exceptions to UCP 600 rules applicable to this LC
6. Price Schedule: Detailed breakdown of prices if multiple goods or services are involved
Applicant
Banking Day
Beneficiary
Bill of Lading
Commercial Invoice
Complying Presentation
Confirmation
Credit
Documents
Draft
Expiry Date
Honour
Issuing Bank
Negotiation
Nominated Bank
Presentation
Presenter
Reimbursing Bank
Shipping Documents
Sight Payment
Transport Documents
UCP 600
Usance Payment
Certificate of Origin
Insurance Certificate
Packing List
Clean Documents
Discrepancy
Documentary Requirements
Force Majeure
Governing Law
Latest Shipment Date
Maturity Date
Notification
Original Documents
Place of Expiry
Port of Loading
Port of Discharge
Transhipment
Transferable Credit
Payment Terms
Expiry and Presentation
Bank Charges
Force Majeure
Governing Law
Dispute Resolution
Amendment Conditions
Transfer Rights
Document Examination
Discrepancy Handling
Bank Disclaimers
Confirmation Terms
Reimbursement Provisions
Shipping Terms
Insurance Requirements
Notice Requirements
Assignment Restrictions
Sanctions Compliance
Anti-Money Laundering
Document Authentication
Currency Provisions
Partial Shipment Terms
Transhipment Conditions
Bank Communications
Banking and Financial Services
International Trade
Import/Export
Manufacturing
Retail
Agriculture
Mining
Energy
Commodities Trading
Shipping and Logistics
Insurance
Wholesale Distribution
Trade Finance
International Banking
Corporate Banking
Treasury
Finance
Legal
Compliance
Risk Management
Supply Chain
Procurement
Operations
Trade Finance Manager
International Trade Specialist
Documentary Credits Officer
Treasury Manager
Finance Director
Import/Export Manager
Trade Operations Officer
Compliance Officer
Risk Manager
Corporate Banking Officer
Financial Controller
Supply Chain Manager
Procurement Manager
Chief Financial Officer
Banking Relationship Manager
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