Verbiage

Sample

VERBIAGE OF SWIFT LC OR SBLC

From :               SENDING BANK

TO:

BANK:

ADDRESS:

SWIFT:

ACCOUNT NR:

ACCOUNT NAME:

IN FAVOR OF:

PLACE OF ISSUE:

LETTER OF CREDIT NUMBER:

DATE OF ISSUE:

DATE OF MATURITY:

DATE OF EXPIRATION:

APPLICANT:

BENEFICIARY:

AMOUNT:           USD xx,000,000

WE, BANKNAME, ADDRESS, HEREBY OPEN OUR UNCONDITIONAL, IRREVOCABLE, AND TRANSFERABLE LETTER OF CREDIT IN FAVOR OF xxxxxxxxxxxxxx., FOR THE AMOUNT OF USD xx,000,000 (xxx MILLIO) , DUE ONE YEAR, ONE MONTH AND ONE DAY FROM THE DATE OF ISSUE  month XX 2011, MATURITY DATE  month XX, 2012.

PAYMENT IS AVAILABLE BY THE BENEFICIARY’S FIRST WRITTEN DEMAND VIA BANK WIRE SYSTEM.  DEMAND HEREUNDER MUST BE MARKED “DRAWN UNDER LETTER OF CREDIT NO. NR-XXXXXX, DATED FEBRUARY XX, 2011.”

WE HEREBY ENGAGE WITH YOU THAT THE DRAFT DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS LETTER OF CREDIT SHALL BE DULY HONORED ON DUE PRESENTATION TO US.  THIS LETTER OF CREDIT IS SUBJECTED TO UNIFORM CUSTOMS AND PRACTICES FOR DOCUMENTARY CREDIT I.C.C. PUBLICATION No. 600.

THIS CABLE IS AN OPERATIVE INSTRUMENT; ALL CHARGES ARE FOR THE ACCOUNT OF APPLICANT.

THIS LETTER OF CREDIT EXPIRES ON month XX, 2012.

FOR AN ON BEHALF OF:

BANK NAME, ADDRESS

Signed by 2 bank officers with ID.

Victor William
CALL ME DIRECT +1.214.550.5052
http://www.FastLetterofCredit.com
SWIFT BIC: MTCMUS61

Toll Free:        +1.888.304.1638
Toll Free Fax:    +1.800.315.4197
Local Phone       +1.214.550.5052
International     +1.214.550.5052
International FAX +1.214.550.5052

Email: contact@fastletterofcredit.com
Skype: info.fastletterofcredit
Web  : http://www.FastLetterofCredit.com

2711 N. Haskell Ave
Suite 550
Dallas, TX 75204

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