You are hereby authorized 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.