SAMPLE LETTER OF CREDIT

 

 BELOW IS THE STANDARD FORMAT OF LETTER OF CREDIT

Swift Input  : FIN 700 Issue Of A Documentary Credit

Sender   :

Receiver :

---------------------------- Message Text --------------------------- 27: Sequence Of Total

1/1

40A: Form Of Documentary Credit IRREVOCABLE

 20: Documentary Credit Number

 

31C: Date Of Issue

40E: Applicable Rules

   UCP LATEST VERSION

31D: Date And Place Of Expiry

50: Applicant

 

59: Beneficiary

 

32B: Currency Code ,Amount

 

39A: Percentage Credit Amount Tolerance

41A: Available With...By...

 

43P: Partial Shipments

 

43T: Transhipment

 

44E: Port Of Loading/Airport Of

 

44F: Port Of Discharge/Airport Of Destination

 

44C: Latest Date Of Shipment

45A: Description of Goods and/or Services

 

46A: Documents Required

 

47A: Additional Conditions

+ L/C IS AVAILABLE BY PAYMENT AT SIGHT.

 

+ THIRD PARTY DOCUMENTS ARE ACCEPTABLE EXCEPT INVOICE AND PACKING LIST.

.

+ NEGOTIATION UNDER RESERVE(S) AND/OR BANK GUARANTEE PROHIBITED .

+ DOCUMENTS TO BE SENT BY SPECIAL COURIER SERVICES IN ONE LOT

(ON BENEF. ACCOUNT) TO OUR ADDRESS:

.

71D: Charges

ALL CHARGES AND COMMISSIONS

OUTSIDE FRANCE ARE ON

BENEFICIARIES' ACCOUNT

 48: Period for Presentation in Days

21FROM B/L DATE WITHIN L/C VALIDITY

49: Confirmation Instructions WITHOUT

78: Instructions to the Paying/Accepting/Negotiating Bank

WE UNDERTAKE TO COVER THE PRESENTING/NEGOTIATING BANK AS PER THEIR INSTRUCTIONS AFTER RECEIPT OF THE COMPLYING PRESENTATION.

.

NEGOTIATING BANK MUST CERTIFY ON THEIR SCHEDULE THAT ALL CHARGES OF ADVISING BANK HAVE BEEN SETTLED .

WE CONFIRM THAT L/C IS SUBJECT TO UCP 600

57A: 'Advise Through' Bank

72Z: Sender To Receiver Information

PLEASE ACKNOWLEDGE RECEIPT BY

RETURN SWIFT

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 Related Topics

What is letter of credit ?