FFSBLC

FFSBLC
WORDING OF THE UNCONDITIONAL, IRREVOCABLE, TRANSFERABLE, DIVISIBLE AND
ASSIGNABLE FULLY FUNDED STANDBY LETTER OF CREDIT.
FULLY FUNDED STANDBY LETTER OF CREDIT FORM 3034
ISSUED BY
LETTER OF CREDIT NUMBER
DATE OF ISSUE
DATE OF MATURITY
DATE OF EXPIRATION
BENEFICIARY
WE THE UNDERSIGNED, HEREBY OPEN OUR UNCONDITIONAL IRREVOCABLE
TRANSFERABLE, DIVISIBLE AND ASSIGNABLE, LETTER OF CREDIT IN FAVOR OF ……………
……………………………………………………., REPRESENTED BY ……………………………….., ………………………
……, ………………………………. FOR THE FACE AMOUNT OF UNITED STATES DOLLARS ……………
…………….. (………………………………………………… USD) DUE ON ONE YEAR AND ONE DAY FROM
THE DATE OF ISSUE ……………………………….(DATE) ………………………………………………..
PAYMENT IS AVAILABLE UPON BENEFICIARY´S FIRST WRITTEN DEMAND (VIA KEY
TESTED TELEX) DEMAND HEREUNDER MUST BE MARKED "DRAWN UNDER LETTER OF
CREDIT NUMBER ……………………………………. AUTHENTICATED BY ………………………………………
(TRANSMITTING BANK)".
WE ENGAGE WITH YOU THAT THE DEMAND DRAWN UNDER AND IN COMPLIANCE WITH
TERMS OF THIS LETTER OF CREDIT SHALL BE DULY HONOURED TO ON DUE
PRESENTATION TO US.
THIS LETTER OF CREDIT IS SUBJECT TO UNIFORM CUSTOMS AND PRACTICES
FOR THE DOCUMENTARY CREDIT (1993 REVISION) I.C.C PUBLICATION NUMBER
500.
ALL CHARGES RE FOR THE ACCOUNT OF THE APPLICANT.
_________________________ _________________________
BANK OFFICER (TITLE) BANK OFFICER (TITLE)
DATE, BANK SEAL
*** MUST BE ISSUED VIA SWIFT ***