Template - LETTER OF IRREVOCABLE CREDIT
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Writing well, just like speaking well is a valuable communication skill especially when it comes to business matters.
Business letters tend to be more formal and are often sent to people we don’t know. They need to convey the right tone - whether it be authority, disagreement, satisfaction or gratitude.
Whenever you write to a prospect, customer, supplier or an employee it is vital to present a professional document so you can make the right impression.
To get you started, we've prepared a list of standard business letter templates. You can use them freely for your own use with our compliments.
You are not permitted to reproduce these letters on any medium for public display or re-sale.
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Irrevocable Credit. All drafts drawn must indicate credit number.
You are hereby authorised 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 _______________, 20 __.
All drafts against this credit are to be drawn and negotiated before [date].
We hereby agree with the drawers, endorsers, and bona fide holders of drafts drawn in compliance with the terms of this credit that they shall be honoured on presentation.
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