Irrevocable Commercial Letter of Credit

By | April 3, 2010

ADDRESS OF ISSUING BRANCH                                DATE OF ISSUE                          CREDIT NUMBER

ADVISING BANK NAME                                         APPLICANTS NAME AND ADDRESS

NAME & ADDRESS OF BENEFICIARY                      MAXIMUM AMOUNT

CRYSTAL COUNTY

WEST VIRGINIA

POST BOX- 5634


WV- 78966

WE ISSUE THE CURRENT DOCUMENTARY THAT IS THE LETTER OF CREDIT IN THE (BENEFICIARY’S) FAVOUR. THIS DOCUMENT IS AGAISNT THE SPECIFIED DRAFTS FROM YOUR END.

DRAWN ON:

THIS BEARS THE CLAUSE WHICH IS DRAWN UNDER ——————————————————— BRANCH

IRREVOCABLE  LETTER OF CREDIT NO. ——————————–AS PER THE DATE………………………….

THE FOLLOWING DOCUMENTS SHOULD BE ACCOMPANIED:  CRYSTAL COUNTY ‘S STATEMENT THAT IS SIGNED BY ONE OF THE OFFICER THAT MR. / MRS./ MS. ————– HAS NOT FULFILLEF THE FORMALITY TO PERFORM THE DESIRED MEASURES ON THE COUNTY ASSOCIATED PROJECT. ACCORDING TO THE PRECRIBED CODE OF THE COUNTY, PROPER PAYMENT OF BILLS AND THE LABOUR HAS NOT BEEN MADE. PLUS, IF ONE FAILS TO SUBMIT A SURETY WITHIN A WEEK OF THE EXPIRY OF THE LETTER OF CREDIT, THERE WILL BE NO APPROVAL OF THE PROJECT.

NAME OF THE BANK                                                                                                      AUTHORISED SIGNATURE