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1. Parties: Identification of all parties involved: Applicant (Buyer), Beneficiary (Seller), Issuing Bank, and any Advising/Confirming Banks
2. Background: Context of the underlying transaction and purpose of the DLC arrangement
3. Definitions: Key terms used throughout the document, including banking, shipping, and trade terms
4. Letter of Credit Details: Fundamental information including LC number, type, amount, currency, and expiry date
5. Payment Terms: Specific conditions for payment, including required documents, presentation periods, and payment timing
6. Document Requirements: Detailed list of required documents for LC presentation (e.g., commercial invoice, transport documents, certificates)
7. Bank Obligations: Responsibilities and obligations of the issuing and any confirming/advising banks
8. Presentation Terms: Rules and procedures for document presentation, including timing and location
9. Discrepancy Handling: Procedures for handling documentary discrepancies and resolution process
10. Governing Law and Jurisdiction: Applicable law and jurisdiction for dispute resolution
1. Transfer Rights: Include when the LC needs to be transferable to third parties
2. Back-to-Back Arrangements: Include when there's a back-to-back LC structure involved
3. Revolving Terms: Include for revolving LCs with multiple drawing periods
4. Red Clause Provisions: Include when advance payment provisions are required
5. Assignment of Proceeds: Include when beneficiary needs right to assign proceeds
6. Force Majeure: Include when specific force majeure provisions are needed beyond standard UCP terms
7. Amendment Procedures: Include when specific amendment procedures need to be detailed
8. Insurance Requirements: Include when specific insurance arrangements need to be detailed beyond standard requirements
1. Schedule A - Document Checklist: Detailed checklist of all required documents with specific requirements for each
2. Schedule B - Fee Schedule: Breakdown of all applicable banking fees and charges
3. Schedule C - Standard Forms: Ƶ for commonly used forms in the LC process
4. Schedule D - Bank Details: Complete banking information for all parties involved
5. Appendix 1 - UCP 600 Incorporation: Specific UCP 600 articles being incorporated or modified
6. Appendix 2 - Special Instructions: Any special handling or processing instructions
7. Appendix 3 - Amendment Template: Standard template for LC amendments
International Trade
Banking and Financial Services
Manufacturing
Import/Export
Commodities Trading
Retail
Agriculture
Energy
Mining
Construction
Automotive
Pharmaceuticals
Trade Finance
International Banking
Global Transaction Services
Commercial Banking
Legal and Compliance
Treasury
Risk Management
Operations
Supply Chain Finance
Documentary Credits
Transaction Banking
Credit Administration
Trade Finance Manager
International Trade Specialist
Documentary Credit Officer
Trade Operations Manager
Compliance Officer
Banking Relationship Manager
Treasury Manager
Import/Export Manager
Trade Finance Analyst
Credit Risk Manager
Commercial Banking Officer
Global Transaction Manager
Supply Chain Finance Manager
Senior Trade Finance Specialist
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