Letter Of Credit (Irrevocable)

__________________[Bank]

_______________[Address]

____________[City,State]

__________________[Date]

Irrevocable Credit

All drafts drawn must indicate credit number.

Gentlemen:

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.

Yours truly,

Contract law requirements

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