Advising Bank Letter Of Credit

Advising Bank Letter Of Credit

[Your Company's Letterhead]

[Date]

[Issuing Bank Name and Address]

[City, State, ZIP Code]

[Country]

Attn: [Name of the Officer]

Dear Sir/Madam,

Irrevocable Letter of Credit (LC) - [LC Number]

We, [Your Company Name], hereby establish an irrevocable Letter of Credit in favor of [Beneficiary's Name] (hereinafter referred to as the "Beneficiary") for the account of [Name of the Applicant/Customer] up to the aggregate amount of [Amount in Currency], available by your sight draft(s) drawn on us at [Issuing Bank Name], [City, State, Country], in accordance with the following terms and conditions:

1. Beneficiary: [Beneficiary's Name]

2. Applicant: [Name of the Applicant/Customer]

3. LC Number: [LC Number]

4. Amount: [Amount in Currency]

5. Currency: [Currency Code]

6. Expiry Date: [Expiry Date in DD/MM/YYYY format]

7. Presentation Period: [Number of days, e.g., "21 days"] after the date of shipment.

8. Latest Shipment Date: [Latest Shipment Date in DD/MM/YYYY format]

9. Documents Required:

- [List of Documents Required, e.g., invoice, packing list, bill of lading, certificate of origin, inspection certificate, etc.]

The above Letter of Credit is issued subject to the Uniform Customs and Practice for Documentary Credits (UCP 600).

[Additional Terms or Conditions, if any]

The documents presented under this Letter of Credit must be sent to us at:

[Your Company Name]

[Address Line 1]

[Address Line 2]

[City, State, ZIP Code]

[Country]

Attention: [Name of Contact Person]

Email: [Contact Email Address]

Phone: [Contact Phone Number]

This Letter of Credit is transferable and assignable, with partial shipments allowed unless otherwise specified.

Please acknowledge your acceptance of the terms and conditions by signing a copy of this Letter of Credit and returning it to us. Any amendment or modification to this Letter of Credit will only be effective if agreed upon by all parties in writing.

This Letter of Credit shall be governed by and construed in accordance with the laws of [Country].

Sincerely,

[Your Name]

[Your Title/Position]

[Your Contact Information]

[Authorized Signatory, if applicable]

Advising Bank Letter Of Credit