Letter of Credit (Irrevocable)
All drafts drawn must indicate credit number.
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
Documents of title must be dated not later than _______,
All drafts against this credit are to be drawn and
negotiated before (date) .
We hereby agree with the drawers, endorsers, and bona fide
holders of drafts drawn in compliance with the terms of
this credit that they shall be honored on presentation.
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