LETTER
OF CREDIT (IRREVOCABLE)
Date: [l-Date]
[Bank Institution Name]
[s-Address]
[s-Country]
All drafts drawn must indicate credit number.
You are hereby
authorized to value on the [s-Bank], of the City of [s-City], State
of [s-State], for any sum or sums up to the aggregate of
[s-CheckAmount]
For the account of:
[r-Name]
Available by your
drafts at [specify] day's sight.
Drafts are to be
accepted only against delivery of the following documents:
[Describe documents]
Documents of title
must be dated not later than [s-LaterDate].
All drafts against
this credit are to be drawn and negotiated before [s-DrawnDate].
We hereby agree with
the drawers, endorsers, and bonafide holders of drafts drawn in
compliance with the terms of this credit that they shall be honored
on presentation.
