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A Divisible Letter of Credit is essential for international trade transactions where goods are shipped and paid for in installments. This document type is particularly relevant in Indonesia's trade-intensive economy, where it facilitates complex import/export transactions while ensuring compliance with local banking regulations and international standards. The document details the terms under which multiple partial drawings can be made against the total credit amount, specifies required documentation for each drawing, and outlines the rights and obligations of all parties involved. It incorporates provisions from Bank Indonesia regulations, international banking practices (UCP 600), and Indonesian commercial law, making it a comprehensive trade finance instrument that provides security to both buyers and sellers in international trade transactions.

1. Letter Reference Number and Date: Unique identification number and issuance date of the L/C

2. Issuing Bank Details: Complete name and address of the issuing bank

3. Applicant Details: Full name, address and contact information of the L/C applicant (buyer)

4. Beneficiary Details: Full name, address and contact information of the L/C beneficiary (seller)

5. Credit Amount and Currency: Total value of the L/C and currency denomination

6. Divisibility Terms: Specific conditions and mechanisms for partial drawings under the L/C

7. Availability and Expiry: Validity period of the L/C and where it is available

8. Shipment Terms: Details of shipment including latest shipment date and partial shipment provisions

9. Document Requirements: List of required documents for drawing under the L/C

10. Payment Terms: Specific conditions and timing for payment against compliant documents

11. Special Conditions: Any additional terms or conditions specific to this L/C