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1. Letter Details: Date, reference number, and addresses of all parties
2. Credit Amount and Currency: Specification of the credit amount, currency, and any tolerance levels
3. Security/Collateral Arrangements: Details of the security provided, including type, value, and maintenance requirements
4. Terms and Conditions: Core terms including expiry date, place of expiry, and available payment terms
5. Document Requirements: List of required documents for drawing under the credit
6. Presentation Terms: Requirements for document presentation, timing, and location
7. Bank Obligations: Scope of bank's obligations and examination standards
8. Governing Law and Jurisdiction: Specification of South African law and jurisdiction details
9. Representations and Warranties: Standard representations regarding security interest and capacity
1. Transferability Provisions: Include when the credit needs to be transferable to other beneficiaries
2. Back-to-Back Arrangements: Required when the credit is part of a back-to-back letter of credit structure
3. Revolving Terms: Include for revolving letters of credit specifying reinstatement terms
4. Green Clause: Include when advance payments are permitted before document presentation
5. Red Clause: Include when immediate advance payment terms are required
6. Assignment of Proceeds: Include when proceeds can be assigned to third parties
7. Confirmation Details: Required when another bank is confirming the credit
1. Schedule A - Security Details: Detailed description of security/collateral including valuation and maintenance requirements
2. Schedule B - Required Documents: Comprehensive list and description of required documents for drawing
3. Schedule C - Fee Schedule: Details of all applicable fees, charges, and commission
4. Schedule D - Special Payment Terms: Any special payment arrangements or conditions
5. Appendix 1 - Document Formats: Standard formats for required documents
6. Appendix 2 - Security Registration Forms: Forms required for registering security interests
7. Appendix 3 - Drawing Request Forms: Standard forms for making drawings under the credit
Applicant
Banking Day
Beneficiary
Collateral
Collateral Value
Confirmation
Confirming Bank
Credit
Credit Amount
Default Event
Documents
Drawing
Effective Date
Enforcement Event
Exchange Control Regulations
Expiry Date
Finance Documents
Financial Indebtedness
Governing Law
Insurance Proceeds
Issuing Bank
Letter of Credit
Margin
Material Adverse Effect
Negotiating Bank
Nominated Bank
Payment Obligation
Perfection Requirements
Place of Presentation
Presentation
Proceeds
Relevant Documents
Security
Security Agent
Security Assets
Security Documents
Security Interest
Security Period
Security Provider
Security Trust
Security Trustee
Secured Obligations
Secured Parties
Specified Currency
Transport Documents
UCP 600
Underlying Transaction
Security
Collateral Requirements
Payment Terms
Documentary Requirements
Presentation
Default
Enforcement
Representations and Warranties
Undertakings
Bank's Rights and Obligations
Security Agent Powers
Transfer and Assignment
Fees and Expenses
Tax Gross-up
Currency Provisions
Communications
Calculations
Evidence and Determinations
Amendments and Waivers
Governing Law
Dispute Resolution
Notices
Severability
Force Majeure
Compliance
Anti-Money Laundering
Sanctions
Foreign Exchange Control
Set-off Rights
Confidentiality
Indemnities
Security Trust Provisions
Banking & Financial Services
International Trade
Import/Export
Manufacturing
Commodities Trading
Mining
Agriculture
Retail
Energy
Construction
Telecommunications
Automotive
Legal
Finance
Treasury
International Trade
Risk Management
Compliance
Corporate Banking
Trade Operations
Credit Risk
Documentary Credits
Securities Administration
Trade Finance Manager
International Trade Director
Credit Risk Officer
Banking Relationship Manager
Treasury Manager
Chief Financial Officer
Finance Director
Import/Export Manager
Legal Counsel
Compliance Officer
Security Trustee
Trade Operations Manager
Documentary Credits Specialist
Corporate Banking Officer
Risk Management Director
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