LETTER OF CREDIT GENERAL

We’ve prepared a bundle of letter templates to be used in general business situation. Feel free to use them with our compliments. However we ask that you do not reproduce these templates on any medium for public display or re-sale.

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[date line]

LETTER OF CREDIT (GENERAL)

[name of bank] [address] [city, state, postcode] [country]

Sir:

We hereby agree to accept and pay at maturity any draft or drafts on us, at day’s sight, issued by [name of individual] of your city, to the extent of [amount of limit] ($—-) Dollars, and negotiated through your bank.

Most respectfully yours,

_____________________
[Signature]

DATED: _____________________

____________________ [ADDRESS]

I hereby guarantee the due acceptance of payment of any draft issued in pursuance of the above credit.

________________________
[SIGNATURE OF GUARANTOR]

© R. P. Emery & Associates – www.rpemery.com

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