Free Letter of Credit (Irrevocable)
__________________[Bank]
_______________[Address]
____________[City,State]
__________________[Date]
Irrevocable Credit
All drafts drawn must indicate credit number.
Gentlemen:
You are hereby authorized to value on the [bank] ,
of the City of ________________, State of______________,
for any sum or sums up to the aggregate of ____________
($ ) Dollars
For the account of
Available by your drafts at [specify] day's sight.
Drafts are to be accepted only against delivery of the
following documents:
Documents of title must be dated not later than _______,
20__.
All drafts against this credit are to be drawn and
negotiated before [date] .
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.
Yours truly,
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