DIY Legal Forms

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General Letter Of Credit

Date:

(Name of bank)

(Address)

(City, State, Zip)

(County)

Dear [Name]:

We hereby agree to accept and pay at maturity any draft or drafts on us, at _____ day's sight, issued by (name of individual) of your city, to the extent of (amount of limit) ($------) Dollars, and negotiated through your bank.

Sincerely,

_______________________

(Name)

Dated:

Address:

I hereby guarantee the due acceptance of payment of any draft issued in pursuance of the above credit.

________________________

[Signature of Guarantor]