Sample Form For Requesting A Letter Of Credit
Dear International Buyer:
We are providing the following instructions as a guideline to be used when opening a letter of credit to us. Because a letter of credit is a very critical document, please verify that the information is accurate and complete, without any mistakes which can create a discrepancy and lead to our subsequent request for an amendment, and delay the shipment.
Regarding your purchase order number
, please ask your bank to open an irrevocable, at sight, commercial letter of credit according to the following terms and conditions.
Requested Advising Bank Name
Requested Advising Bank Address
In the amount of US$
The letter of credit must be payable at the counters of
or it must be negotiable and payable at the counters of a bank in
The letter of credit must be in the possession of the Advising Bank and received by us
days before the agreed upon shipment date.
Shipment will occur
days after an acceptable letter of credit is in the possession of the Advising Bank.
Shipment terms are:
EXW - EX WORKS
FCA - FREE CARRIER
FAS - FREE ALONGSIDE SHIP
FOB - FREE ON BOARD
CFR - COST AND FREIGHT
CIF - COST, INSURANCE AND FREIGHT
CPT - CARRIAGE PAID TO
CIP - CARRIAGE AND INSURANCE PAID TO
DAF - DELIVERED AT FRONTIER
DES - DELIVERED EX SHIP
DEQ - DELIVERED EX QUAY
DDU - DELIVERED DUTY UNPAID
DDP - DELIVERED DUTY PAID
Partial shipments are permitted.
Latest shipment date is
. Latest expiration date is
Documentary requirements are:
Signed commercial invoice
Documents are to be presented within
days from the shipping date.
All bank charges will be paid by the Applicant.
© 2004 John Michael Pierobon