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SPECIMEN - STANDBY LETTER OF CREDIT
To: ……………………… Bank
SWIFT code:
From: ………………… Bank
Address:……………………
SWIFT BIC: ………………….
Quote:
Issuing bank: ………………. Bank
Applicant:
Beneficiary:
Address:
Standby Letter of Credit No.:
Date of Issue:
Date of Maturity:
Date of Expiry:
Amount: US Dollars …………… Million Only (USD………,000,000.00)
At the request and for account of ……………………………… (LC Applicant), we, ……………………
Bank, of………………………… (Address): hereby issue our irrevocable Standby Letter of Credit no.
_____ in favour of ……………………………… , with an aggregate amount up to USD….000,000.00 (Say
United States Dollars ……… Million Only) due on 366 days from the date of issue, _______.
Payment is available upon beneficiary’s first written demand via authenticated swift/ telex hereunder must be