Letter of Credit Agreement
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 Agreement
Review ListThis review list is provided to inform you about this document in question and assist you in its preparation. This is a standard letter of credit agreement.
1. File with the appropriate bank to effect the transaction. Then keep copies in the appropriate related files.
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