Documentary Letter of Credit: Format & Sample
Reference draft used in Indian courts — replace the blanks with your own case details.
............................
Date .......................
No . ...............................
Rs . .................................
To
............................
.............................
You are hereby authorised to draw drafts on us at..............days sight to the extent of Rs .
..............(Rupees ..............) for invoice cost of shipment(s) purporting to be
from..............to..............of ..............
2. This letter of credit shall remain in full force for a period of.............. months from date,
unless previously cancelled. The drafts drawn against this letter must be drawn and duly advised
to us before that date accompanied by invoices, bills of lading issued to the order of the shipper
and endorsed in blank and marine insurance policies.
3. The particulars of all drafts drawn under this letter must be endorsed on back hereof and the
bills must clearly specify that they are drawn under this letter of credit.
4. We hereby agree and undertake with the drawers, endorsers and bona fide holders of all drafts
drawn under and in compliance with the terms of this letter of credit that the said drafts
shall be duly accepted payable in..............on presentation in order and that shall be duly
honoured on presentation at the date of maturity.
Yours faithfully,
For..............Bank
..............Manager
Using this format
This is a reference draft reproduced for study and adaptation. Court rules, court fees and the correct forum vary with the facts and the value of the claim, so have the document checked and filed by an advocate. A defective application can be returned or dismissed even when the case itself is good.
Our Civil Litigation team drafts and files these documents before the Calcutta High Court, city civil courts, magistrate, family and consumer courts in Kolkata. Our civil litigation team handles drafting, filing and arguments in Kolkata courts.
Related
- Civil Litigation services in Kolkata
- Filing in the Calcutta High Court: complete guide
- All sample legal formats
- All 47 practice areas
- Free first consultation
Disclaimer: this page is a sample format reproduced for reference and study. It is not legal advice and does not create an advocate–client relationship.