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Letter of Credit

Date: _________

LETTER OF CREDIT (GENERAL)

__________________________
__________________________
__________________________

Sir:

We hereby agree to accept and pay at maturity any draft or drafts on us, at sight, issued by __________________________, of __________________________, to the extent of $_____(________________________ & _____/100 dollars), and negotiated through your bank.

Most respectfully yours,

_____________________________________

__________________________ by: ________________
Letter of Credit

Review List

This review list is provided to inform you about this document in question and assist you in its preparation.  A L/C is a standard document to provide for guaranteed payment.  This document will suffice.

1. Make multiple copies.  Give one to each related party and keep one with the transaction file involved.