DIY Legal Forms

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Letter Of Credit (Irrevocable)



[City, State, Zip]


Irrevocable Credit

All drafts drawn must indicate credit number.

Dear [Name]:

You are hereby authorized to value on the [Bank], of the City of [City], State of [State], for any sum or sums up to the aggregate of $------.

For the account of:

Available by your drafts at [specify] day's sight.

Drafts are to be accepted only against delivery of the following documents:

Documents of title must be dated not later than[Date].

All drafts against this credit are to be drawn and negotiated before [date].

We hereby agree with the drawers, endorsers, and bonafide holders of drafts drawn in compliance with the terms of this credit that they shall be honored on presentation.