REQUEST FOR ISSUANCE OF DOMESTIC LETTER OF CREDIT (LC)
To,
The Manager
Bandhan Bank
Branch__________
I/We hereby request you to issue an irrevocable documentary letter of credit (LC)
as per the details given below and against the limit sanctioned to us. We also state
that the applicant shall pay the requisite stamp duty on the LC (or documents
presented under it) as may be payable under the extant laws.
Unless otherwise expressly stated in the application, the credit is subject to Uniform
Customs and practice for Documentary Credits (UCPDC) as per the latest ICC
publication.
PARTICULARS DETAILS
TYPE OF L/C IRREVOCABLE ONLY
DATE & PLACE OF
EXPIRY
Y Y Y Y M M D D
NAME & ADDRESS
OF THE APPLICANT
NAME & ADDRESS
OF THE
BENEFICIARY
AMOUNT :
AMOUNT IN WORDS:_____________________________
AMOUNT OF CREDIT
______________________________________________
______________________________________________
ADDITIONAL TOLERANCE: (PLUS) % ___
AMOUNT COVERED (MINUS) % ___
EXW, FCA, CPT, CIP
INCOTERMS
OTHERS (SPECIFY) __________________
CREDIT AVAILABLE NAME OF THE BANK:
WITH……
ACCEPTANCE DEFERRED PAYMENT
CREDIT AVAILABLE
BY…… PAYMENT NEGOTIATION
__________ DAYS FROM THE DATE OF SHIPMENT
USANCE OF
DRAFTS*
__________ DAYS SIGHT
OTHERS, PLEASE SPECIFY _____________________
DEFERRED PAYMENT __________ DAYS FROM THE DATE OF SHIPMENT
DETAILS*
OTHERS, PLEASE SPECIFY _____________________
PARTIAL SHIPMENT PERMITTED PROHIBITED
TRANSSHIPMENT PERMITTED PROHIBITED
SHIPMENT FROM
SHIPMENT TO
LATEST DATE OF
SHIPMENT
DESCRIPTION OF
GOODS OR
SERVICES
IN CASE OF Incoterms EXW, FCA, FAS, FOB, CFR, CPT
INSURANCE APPLICANT TO PROVIDE INSURANCE DOCUMENT –
DOCUMENT BY
APPLICANT INSURER:____________ POLICY NO.:___________
ISSUED ON.:____________ VALID TILL:___________
DOCUMENTS REQUIRED (kindly tick the box for inclusion)
BILL OF EXCHANGE / DRAFT DRAWN ON ISSUING
BANK/__________
SIGNED COMMERCIAL INVOICE (___________ COPIES) MADE OUT IN
THE NAME OF APPLICANT, NOT EXCEEDING THE CREDIT AMOUNT AND
CERTIFYING THAT THE GOODS ARE AS PER THE PURCHASE
ORDER/___________ NUMBER_____________ DATED__________
LORRY RECEIPT/AIR WAY RECEIPT/RAIL WAY RECEIPT CONSIGNED
TO ICICI BANK LTD A/C ______________
PACKING LIST IN ____ ORIGINAL AND ____ COPIES
INSURANCE DOCUMENT IN CASE OF ‘CIF’ OR ‘CIP’ INCOTERMS:
INSURANCE POLICY/CERTIFICATE IN ORIGINAL DATED NOT LATER
THAN THE DATE OF DISPATCH MADE TO ORDER AND BLANK
ENDORSED FOR 110% OF INVOICE VALUE. TRANSSHIPMENT MUST BE
COVERED IF GOODS ARE SUBJETCT TO TRANSSHIPMENT. SUCH
INSURANCE POLICY SHOULD REMAIN VALIED FOR ATLEAST 50 DAYS
AFTER THE DATE OF SHIPMENT OF GOODS.
(IN CASE THE INSURANCE IS COVERED BY THE APPLICANT) –
BENEFICIARY TO GIVE INTIMATION OF DIESPATCH TO APPLICANT BY
FAX AT FAX NO. _______________ AND TO THE INSURANCE
COMPANY AT FAX NO. _______________. RESPECTIVE FAX
TRANISMISSION REPORTS TO BE PRESENTED UNDERT THE LC.
TEST CERTIFICATION / INSPECTION CERTIFICATE ISSUED BY
_______________
OTHERS (PLEASE SPECIFY)
ALL DOCUMENTS MUST BE IN ENGLISH
ALL DOCUMENTS MUST MENTION OUR LC NUMBER AND
DATE
ADDITIONAL
CONDITIONS STALE DOCUMENTS ARE NOT ACCEPTABLE
TRANSPORT DOCUMENT DATED PRIOR TO THE DATE OF
ISSUANCE OF LC IS NOT ACCEPTABLE
_____________________________________________
ISSUING BANK CHARGES ARE ON ACCOUNT OF THE
APPLICANT. ALL OTHER CHARGES ON ACCOUN OF THE
BENEFICIARY.
CHARGES
OTHERS (PLEASE SPCIFY)
DOCUMENTS SHOULD BE PRESENTED WITH 21 DAYS
FROM OR AFTER THE DATE OF SHIPMENT
PERIOD OF
PRESENTATION OTHERS (PLEASE SPCIFY):
CONFIRMATION
WITH WITHOUT
INSTRUCTIONS
ADVISE THROUGH
IFSC CODE OF
ADVISING BANK
* DRAFT IS MANDATORY, IF LC IS AVAILABLE BY ‘ACCEPTANCE’. DRAFT IS NOT
APPLICABLE IF LC IS AVAILABLE BY ‘DEFERRED PAYMENT’.
NOTE:
Please attach additional page duly signed, for any additional documents /
special conditions, which will form part of this application
Stamping applicable at the rates specified by the Stamp Act for all bills with
usance period greater than 90 days
LC application form has to be signed on all the pages by the authorized
signatory (ies) of the applicant
For corporate clients, authorised signatory must be authorized as per the BR
to avail this facility
Signature:
Authorized Signatory
(Stamp of the Firm/Company)
Place -
Date -
