Back To Back Letter Of Credit

[Your Company's Letterhead]

[Date]

[Issuing Bank's Name and Address]

Dear [Issuing Bank],

Subject: Back-to-Back Letter of Credit

We, [Your Company's Name], hereby request [Issuing Bank's Name] to issue a Back-to-Back Letter of Credit in favor of [Intermediary's Name] (Beneficiary), as per the following terms and conditions:

1. Applicant (Buyer):

[Your Company's Name]

[Your Company's Address]

[City, State, Zip Code]

[Country]

[Contact Person and Title]

[Contact Email]

[Contact Phone]

2. Beneficiary (Intermediary):

[Intermediary's Name]

[Intermediary's Address]

[City, State, Zip Code]

[Country]

[Contact Person and Title]

[Contact Email]

[Contact Phone]

3. Ultimate Beneficiary (Seller):

[Seller's Name]

[Seller's Address]

[City, State, Zip Code]

[Country]

[Contact Person and Title]

[Contact Email]

[Contact Phone]

4. Description of Goods/Services:

[Detailed description of the goods or services being traded]

5. LC Amount:

[Total amount of the Back-to-Back LC]

6. Expiry Date:

[Expiry date of the Back-to-Back LC]

7. Presentation Period:

[Number of days after shipment/date of issuance for presentation of documents]

8. Documents Required:

[List of documents required for payment under the Back-to-Back LC, including invoice, packing list, bill of lading, certificate of origin, etc.]

9. Shipping Terms:

[Incoterms® 2020 rule that defines the shipping terms, e.g., EXW, FOB, CIF, etc.]

10. Charges:

[Specify who will bear the costs associated with the Back-to-Back LC, such as issuing charges, confirmation charges, and reimbursement fees]

11. Special Instructions:

[Any additional instructions or requirements specific to this transaction]

Please ensure that the Back-to-Back LC is issued and transmitted to [Beneficiary's Bank's Name and Address] through an authentic SWIFT message. We also request [Issuing Bank's Name] to confirm the Back-to-Back LC to facilitate trade between [Intermediary's Name] and [Seller's Name].

We hereby undertake to indemnify and hold [Issuing Bank's Name] harmless from and against any and all claims, damages, and liabilities arising from or related to this Back-to-Back LC.

If you require any further information or clarification, please do not hesitate to contact us.

Thank you for your prompt attention to this matter.

Sincerely,

[Your Name]

[Your Title]

[Your Company's Name]

[Your Email]

[Your Phone]