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Lesson 67 --- LETTER OF CREDIT (GENERAL)
Lesson 67: LETTER OF CREDIT (GENERAL)
Grammar Pattern
Letter of Credit (General)

Disclaimer: Be aware that some of these sample letters have legal, financial, or other implications. If you are not sure about the use of any letter, consult with an appropriate professional first.

Letter of Credit (General)



(date line)

LETTER OF CREDIT (GENERAL)

(name of bank)
(address)
(city, state, zip)
(country)

Sir:

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,

_____________________
(Signature)

DATED: _____________________

____________________(ADDRESS)


I hereby guarantee the due acceptance of payment of
any draft issued in pursuance of the above credit.

________________________
(SIGNATURE OF GUARANTOR)

letter/email/etc

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