Letter of Credit (General )
LETTER OF CREDIT (GENERAL)
[name of bank]
[city, state, zip]
We hereby agree to accept and pay at maturity any
draft or drafts on us, at day's sight, issued by
[name of individual] of your city, to the extent of
[amount of limit] ($ ) Dollars, and negotiated
through your bank.
Most respectfully yours,
I hereby guarantee the due acceptance of payment of
any draft issued in pursuance of the above credit.
[SIGNATURE OF GUARANTOR]