Irrevocable Letter Of Credit

[Your Bank's Letterhead]

[Date]

Irrevocable Letter of Credit No: [LC Number]

Issuing Bank: [Your Bank's Name and Address]

Applicant: [Your Customer's Name and Address]

Beneficiary: [Name and Address of the Beneficiary]

Dear Sir/Madam,

We hereby establish our irrevocable letter of credit in your favor for an amount not exceeding [Currency and LC Amount] (amount in words: [Amount in Words]) available by your drafts at [sight/usance], drawn on [Issuing Bank Name] and accompanied by the following documents:

[List of Required Documents]

The terms and conditions of this letter of credit are as follows:

This letter of credit is irrevocable and shall be governed by the Uniform Customs and Practice for Documentary Credits (UCP) 600.

Partial shipments and transshipments are allowed.

This letter of credit is valid for negotiation until [Expiry Date]. All documents must be presented for negotiation on or before this date.

All banking charges outside the issuing bank are for the account of the beneficiary.

Shipping terms: [Incoterms 20XX].

The documents required must be in English or accompanied by a certified translation into English.

In the event of any discrepancies between the documents presented and the terms stated in this letter of credit, we reserve the right to refuse payment and return the documents.

The applicant's instructions regarding amendments to this letter of credit will not be accepted without the beneficiary's consent.

This letter of credit is transferable, assignable, and may be assigned in whole or in part.

This letter of credit is subject to the laws of [Jurisdiction].

We request you to present your drafts and required documents at our counters for examination and negotiation. Our confirmation of this letter of credit is subject to the terms and conditions herein mentioned.

For any inquiries or to request an amendment, please contact us at [Your Bank's Contact Information].

Sincerely,

[Authorized Signatory of the Issuing Bank]

[Name and Title]

[Bank's Name]

[Bank's Address]

[Contact Information: Phone and Email]