MT 760 STANDBY LETTER OF CREDIT (SBLC)
------------------------------ MESSAGEREADER - - - - - - - - - - - - - - - - - -
FROM:
BANK NAME: XXXXX BANK
S.A. (BRANK NAME) BANK
ADDRESS SWIFT CODE:
STANDBY LETTER OF CREDIT (SBLC) SWIFT MT-760 NUMBER SWIFT INPUT:
MT760 SENDER DATE OF ISSUE:
SCE REFERENCE:
ACCOUNT NAME: (ORIGINAL CUSTOMER NAME)
ACCOUNT NUMBER: (ORIGINAL IBAN CUSTOMER ACCOUNT NUMBER),
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To:
BENEFICIARY BANK NAME: xxxxxxxx BANK
BENEFICIARY SWIFT CODE:
xxxxxxxxxx BENEFICIARY ACCOUNT
NAME:
xxxxxxxxxxxxxxxxx
xx BENEFICIARY
ACCOUNT:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxx BENEFICIARY
ACCOUNT NUMBER:
xxxxxxxxxxxxxxx IBAN BANK NUMBER:
xxxxxxxxxxxxxxxxxxxxxx CURRENCY: USD ISSUED
DATE MADURETY DAY
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F20: TRANSACTION REFERENCE NUMBER:
F12:
RELATED
REFERE
NCE 79:
NARRATIVE
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WE, (NAME OF ISSUING BANK) WITH REGISTERED ADDRESS AT (MAIN BANK ADDRESS), WE HEREBY ISSUE
CASH BACKED STANDBY LETTER OF CREDIT (SBLC) NUMBER XXXXXXXXXXX, CONFIRMED,
REVOLVING, ASIGNABLE, IRREVOCABLE AND 100% IN SIGHT STANDBY LETTER OF CREDIT (SBLC) ) IN
FAVOR OF THE BENEFICIARY (NAME OF THE BENEFICIARY), FOR THE AMOUNT OF (TOTAL AGREED
AMOUNT IN LETTERS AND NUMBERS) TO GRANT SECURITY IN THE PAYMENT OF THE COST OF
THE PURCHASE AND SALE OF (DESCRIPTION AND TOTAL AMOUNT OF PRODUCT SOLD) ACCORDING TO
THE TERMS AND CONDITIONS AGREED IN THE CONTRACT (IDENTIFICATION NUMBER OF THE CONTRACT).
THE AMOUNT OF THIS PAYMENT MUST BE RECEIVED BY THE BENEFICIARY OF THIS STANDBY LETTER OF
CREDIT (SBLC) WITHIN THE FOLLOWING FORTY- EIGHT HOURS AFTER THE DELIVERY OF THE SHIPPING
DOCUMENTS OF THE PRODUCT SOLD IN THE PORT OF ORIGIN, WHICH IF NOT RECEIVED, THEY WILL
BE GIVEN THE IMMEDIATE RIGHT TO RECEIPT WITHOUT NOTICE AND NO PROTEST OF THIS
STANDBY LETTER
OF CREDIT (SBLC). THIS STANDBY LETTER OF CREDIT (SBLC) WILL HAVE AN INITIAL VALIDITY OF
THREE HUNDRED AND SIXTY-SIX DAYS (366 DAYS) AND WILL BE AUTOMATICALLY RENEWED FOR SIMILAR
PERIODS UNTIL THE BENEFICIARY RECEIVES THE PAYMENT GUARANTEED IN THIS INSTRUMENT.
SUCH PAYMENT SHALL BE MADE WITHOUT PROTEST SET-OFF AND FREE AND CLEAR OF ANY DEDUCTIONS,
HARGES, FEES, OR WITHHOLDINGS OF ANY NATURE PRESENTLY OR IN THE FUTURE, IMPOSED,
LEVIED, COLLECTED, ITHHELD, OR ASSESSED BY THE GOVERNMENT OF USA OR ANY POLITICAL
SUBDIVISION OR AUTHORITY THEREOF.
THIS STANDBY LETTER OF CREDIT (SBLC) IS CASH BACKED, CONFIRMED,
REVOLVING, ASIGNABLE, IRREVOCABLE, AND 100% IN SIGHT WITHOUT
PRESENTATION OF IT TO US AND WITH PAYMENT OF ANY FEES, WE HEREBY
ENGAGE WITH YOU THAT THE DEMAND MADE UNDER AND IN COMPLIANCE WITH
THE TERMS OF THIS STANDBY LETTER OF CREDIT (SBLC), SHALL BE DULY
HONOURED ON DUE PRESENTATION TO US. THE DEMAND HEREUNDER MUST
BE MARKET “DRAWN UNDER STANDBY LETTER OF CREDIT (SBLC) NUMBER
XXXXXXX DATED XX, XX, 20XX ISSUE DATE.
THIS STANDBY LETTER OF CREDIT (SBLC) IS CONSTRUCTED, GOVERNED, AND ISSUED
IN ACCORDANCE WITH THE RULES, REGULATIONS, AND PRACTICES AS SET BY THE
INTERNATIONAL CHAMBER OF COMMERCE (ICC) PARIS, FRANCE PUBLICATION 500, LATEST
REVISION. THIS STANDBY LETTER OF CREDIT (SBLC) WILL BE ISSUED BY SWIFT AS OUR VALID AND
OPERATIVE INSTRUMENT, NO MAIL CONFIRMATION WILL FOLLOW, AND ALL CHARGES ARE FOR THE
ACCOUNT OF THE APPLICANT. TO REQUEST THE COLLECTION OF THIS PAYMENT
INSTRUMENT THE SHIPPING DOCUMENTS OF THE PRODUCT SOLD MUST BE SENT IN ORIGINAL
AND TWO COPIES TO (NAMES OF EACH ONE OF THE BANKS) TO THE FOLLOWING
ADDRESSES.
PLEASE CONFIRM THAT YOU ARE READY TO RECEIVE AND FOUND THIS BANK INSTRUMENT WITH GOOD,
CLEAN, AND NON- CRIMINAL ORIGIN FUNDS.
FOR AND BEHALF OF:
ISSUING BANK:
ISSUING BANK ADDRESS:
AUTHORIZED BANK OFFICER 1 NAME, TITLE, PIN CODE
AUTHORIZED BANK OFFICER 2 NAME, TITLE, PIN CODE
