ANOTHER FORM OF LETTER OF CREDIT

No. Date
For Rs
To
You arc hereby authorised to draw drafts on us at………thirty days sight but to the aggregate
limit of Rs……..(Rupees....only] in payment of invoice cost of shipment purpoting to be from
M/s . to M/s
The particulars of all drafts drawn under this letter must be endorsed on backside hereof and the
bills must clearly specify that they are drawn under this Letter of Credit.
We agree and undertake to the drawers, endorsees and holders in due
course to honour all drafts drawn under the terms of this Letter of Credit
by accepting the same and payable inon presentation on maturity.
This letter will remain in force for a period of ...._months. The drafts drawn against (his letter
must be drawn under advice to us before the said date and accompanied by invoices, bill of
lading issued to the order of the shipper and endorsed in blank and marine insurance policies.
Yours truly,
for Bank of ................Agent

Clean Letter of Credit

Date
To
Yon are hereby authorised to draw on us at six month's sight to the extent of Rs………and we
undertake to honour the same on presentation,
This Letter of Credit will remain in force for six months from this day. The parties negotiating
the bills under this letter are requested to endorse particulars on the back thereof and the bills
must specify that they are drawn under this Letter of Credit.
Yours
For Bank of Agent