Letter of Credit (Irrevocable) - Acharya Center - Education Tools For Teachers And Students
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Letter of Credit (Irrevocable)

                                __________________[Bank]
                                _______________[Address]
                                ____________[City,State]
                                __________________[Date]

Irrevocable Credit
All drafts drawn must indicate credit number.

Gentlemen:

You are hereby authorized to value on the   [bank]     ,
of the City of ________________, State of______________,
for any sum or sums up to the aggregate of ____________
($        ) Dollars

For the account of

Available by your drafts at    [specify]    day's sight.

Drafts are to be accepted only against delivery of the
following documents:

Documents of title must be dated not later than _______,
19__.

All drafts against this credit are to be drawn and
negotiated before   [date]      .


We hereby agree with the drawers, endorsers, and bonafide
holders of drafts drawn in compliance with the terms of
this credit that they shall be honored on presentation.

Yours truly,



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