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A Letter of Credit 90 Days is a crucial financial instrument used in international trade transactions where deferred payment terms are required. This document, governed by Dutch law, provides a secure method for sellers to receive payment through banking channels while offering buyers a 90-day payment term. It's particularly useful in situations where parties seek the security of bank-guaranteed payment combined with short-term trade finance. The document includes detailed specifications about the transaction, required documentation, payment terms, and conditions that must be met for payment release. Operating under Dutch jurisdiction, it combines local legal requirements with international banking practices (UCP 600), making it especially suitable for transactions involving Dutch companies or parties preferring Dutch law. This instrument is commonly used in various international trade scenarios where sellers require payment security while offering buyers payment flexibility.

1. Issuing Bank Details: Complete details of the issuing bank including registration number, address, and authorized signatories

2. Applicant Information: Full details of the party requesting the Letter of Credit

3. Beneficiary Information: Complete details of the party in whose favor the Letter of Credit is issued

4. Letter of Credit Number: Unique identification number for the LC

5. Date of Issue: Date when the Letter of Credit is issued

6. Date of Expiry: Expiry date of the Letter of Credit (90 days from issuance)

7. Place of Expiry: Location where the Letter of Credit expires

8. Currency and Amount: Specified currency and maximum amount of the Letter of Credit

9. Available With/By: Specifies whether the credit is available by sight payment, deferred payment, acceptance, or negotiation

10. Partial Shipments/Transhipment: Whether partial shipments or transhipment is allowed or prohibited

11. Loading/Dispatch/Taking in Charge: Shipping details including location and latest date

12. Payment Terms: Specification of the 90-day payment terms and conditions

13. Required Documents: List of all documents required for presentation

14. Additional Conditions: Any specific conditions or requirements for the LC