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LETTER OF IRREVOCABLE CREDIT

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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Letter of Credit (Irrevocable)
              
 
            

___________________________________________
[Bank]

___________________________________________
[Address]

___________________________________________
[City,State]

___________________________________________

[Date]

Irrevocable Credit. All drafts drawn must indicate credit number.

Gentlemen:

You are hereby authorised to value on the [bank], of the City of ______ ________________, State of______________, for any sum or sums up to the aggregate of ____________ ($——) Dollars.

For the account of:

Available by your drafts at [specify] day’s sight.

Drafts are to be accepted only against delivery of the following documents:

Documents of title must be dated not later than _______________, 20 __.

All drafts against this credit are to be drawn and negotiated before [date].

We hereby agree with the drawers, endorsers, and bonafide holders of drafts drawn in compliance with the terms of this credit that they shall be honored on presentation.

Yours truly,

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

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