FREE Letter of Credit (Irrevocable)

By | November 11, 2011



Irrevocable Credit
All drafts drawn must indicate credit number.

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 _______,
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,