Issuing bank
Copenhagen, Denmark
Seller
City, Country
Dear Sirs,
We hereby issue our irrevocable standby letter of credit No. ..., by order of Buyers (DK) A/S, Copenhagen, Denmark, for an amount of DKK 1,000,000.00 (DKK one million 00/100) which expires at our counters on 31 December 20xx.
This standby letter of credit is available with Danske Bank A/S, Copenhagen, by payment against presentation of the following documents:
| 1. |
Beneficiary's certificate stating that goods have been shipped and that the required documents have been sent to Buyers (DK) A/S and have not been paid on due date |
| 2. |
Copy of unpaid invoice |
| 3. |
Copy of transport document |
Partial drawings are allowed.
All charges outside Denmark under this standby letter of credit are for account of the beneficiary/applicant.
Upon receipt of credit complying documents we shall cover you as per your instructions.
Except where otherwise expressly stated, this standby letter of credit is subject to the Uniform Customs and Practice for Documentary Credits (2007 Revision) ICC Publication No. 600.
Please quote our reference number on any correspondance.
Yours truly,
Issuing bank