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Swift MT700: Irrevocable Documentary Letter of Credit

Sender: [Name and Address of Issuing Bank]


Receiver: [Name and Address of Beneficiary]
Message Header
{1:F01[Issuing Bank Code][Sender's BIC Code]}
{2:I700[Issuing Bank Code][Serial Number][Message Type Number]}
{4:[Issuer's Reference Number][Issue Date][Currency Code][Amount]}
{20:Documentary Credit Number}
Message Text
{31C: [Date and Place of Expiry] SIX MONTHS AFTER THE SHIPMENT DATE}
{40A: [Form of Documentary Credit] IRREVOCABLE}
{20: [Documentary Credit Number]}
{31D: [Date and Place of Shipment]}
{50: [Applicant's Name and Address]}
{59: [Beneficiary's Name and Address]}
{32B: [Currency Code] [Amount]}
{39A: [Percentage Credit Amount Tolerance]}
{41A: [Available With... By...]}
{42C: [Drafts At] [Number of Days After Sight]}
{42A: [Drawee]}
{43P: [Partial Shipments] NOT ALLOWED}
{43T: [Transshipment] NOT ALLOWED}
{44A: [Place of Taking in Charge / Dispatch]}
{44E: [Port of Loading]}
{44F: [Port of Discharge]}
{44B: [Place of Final Destination]}
{45A: [Description of Goods and/or Services]}
{46A: [Documents Required]}
{47A: [Additional Conditions]}
{48: [Period of Presentation]}
{49: [Confirmation Instructions]}
{78: [Instructions to the Paying/Accepting/Negotiating Bank]}
{71B: [Charges]}
{72: [Sender to Receiver Information]}
We hereby undertake to honor all drafts drawn under this LC, which are in
compliance with the terms and conditions set forth herein, up to the amount
stated.
Sincerely,
[Name and Signature of Authorized Officer]
[Title] [Issuing Bank Name and Address]

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