Non Negotiable Letter Of Credit Template for Germany

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Non Negotiable Letter Of Credit

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Non Negotiable Letter Of Credit

"I need a Non-Negotiable Letter of Credit for a €2.5 million machinery purchase from a German manufacturer, with shipment required by March 2025 and partial shipments allowed, where documents must be presented within 21 days of shipment."

Document background
The Non-Negotiable Letter of Credit is a crucial document in international trade finance, specifically designed to provide payment security in cross-border transactions under German law. It is typically used when parties seek a secure payment method with bank assurance, particularly in new trading relationships or high-value transactions. The document incorporates both German legal requirements and international banking practices, including UCP 600 guidelines, while maintaining its non-negotiable status. This means the letter of credit cannot be transferred to another beneficiary, providing additional security and control. The document specifies payment conditions, required documentation, timeframes, and compliance requirements, making it particularly relevant for German companies engaged in international trade or foreign entities trading with German counterparts. It serves as a binding commitment from the issuing bank, subject to German banking regulations and commercial law.
Suggested Sections

1. Issuing Bank Details: Complete name, address, and reference numbers of the issuing bank

2. Letter of Credit Number: Unique identification number assigned to this letter of credit

3. Date of Issue: Date when the letter of credit is issued

4. Beneficiary Details: Complete name and address of the party in whose favor the letter of credit is issued

5. Applicant Details: Complete name and address of the party requesting the letter of credit

6. Currency and Amount: Specified currency and maximum amount available under the letter of credit

7. Expiry Date and Place: Final date and location for presentation of documents

8. Available With/By: Specification of how and where the credit is available (payment, acceptance, or negotiation)

9. Required Documents: Detailed list of all documents required for presentation

10. Shipment Terms: Details of shipment including latest shipment date and partial shipments if applicable

11. Description of Goods/Services: Precise description of the underlying goods or services

12. Special Conditions: Any specific conditions or requirements unique to this letter of credit

13. Governing Law Declaration: Statement that the letter of credit is governed by German law and UCP 600

Optional Sections

1. Transferability Clause: Section explicitly stating the letter of credit is non-transferable (included when emphasized)

2. Bank-to-Bank Reimbursement: Instructions for reimbursement between banks, included when involving correspondent banks

3. Confirmation Instructions: Used when confirmation by another bank is requested or prohibited

4. Document Presentation Period: Specific timeframe for document presentation if different from standard UCP terms

5. Pre-Shipment Inspection: Required when goods must be inspected before shipment

6. Green Clause: Included when advance payment to beneficiary is permitted

7. Force Majeure Provisions: Additional force majeure terms beyond UCP 600 provisions when required

Suggested Schedules

1. Schedule A - Document Presentation Checklist: Detailed checklist of required documents and their specific requirements

2. Schedule B - Standard Banking Forms: Standard forms required by the issuing bank for document presentation

3. Schedule C - Authorized Signatures: Specimen signatures of authorized bank officials

4. Appendix 1 - UCP 600 Reference: Relevant articles of UCP 600 specifically applicable to this letter of credit

5. Appendix 2 - Fee Schedule: Detailed breakdown of all applicable banking fees and charges

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Banking and Financial Services

International Trade

Manufacturing

Import/Export

Retail

Commodities Trading

Shipping and Logistics

Agriculture

Energy

Construction

Heavy Industry

Textile Industry

Automotive

Relevant Teams

Trade Finance

International Banking

Export Operations

Import Operations

Treasury

Credit Risk

Trade Operations

Compliance

Documentary Credits

Global Trade

Supply Chain Finance

Banking Operations

International Sales

Legal

Trade Support

Relevant Roles

Trade Finance Manager

International Trade Specialist

Documentary Credits Officer

Export Finance Manager

Import Operations Manager

Banking Relationship Manager

Treasury Manager

Credit Risk Officer

Trade Operations Manager

Compliance Officer

Letter of Credit Specialist

International Business Development Manager

Supply Chain Finance Manager

Global Trade Director

Documentary Collections Specialist

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Loan Against Lc

A German law-governed agreement for providing financing against Letters of Credit, incorporating German banking regulations and international trade finance practices.

find out more

Letter Of Credit Risk

A German law-governed document analyzing and outlining risks associated with Letter of Credit transactions, incorporating both German banking regulations and international trade standards.

find out more

Letter Of Credit Fraud

A German law-governed document addressing Letter of Credit fraud, outlining allegations, evidence, and demands for remedial action under German legal framework.

find out more

Letter Of Credit Fee

A German law-governed document specifying the fee structure and payment terms for Letter of Credit services provided by a bank to its client.

find out more

Letter Of Credit Duration

A German law-governed document specifying the validity period and conditions of a letter of credit, incorporating both German banking regulations and international standards.

find out more

Letter Of Credit Amount

A German law-governed banking document specifying the amount and terms of a letter of credit facility for secure international trade payments.

find out more

Lc Finance Term

A German law-governed Letter of Credit financing agreement that establishes terms, conditions, and obligations for secure international trade transactions.

find out more

Letter Of Credit Payment Terms

German law-governed Letter of Credit payment terms document specifying conditions and requirements for L/C transactions.

find out more

Guarantee Letter Of Credit

A German law-governed banking instrument providing payment guarantee in international trade transactions, subject to document compliance and UCP 600 rules.

find out more

Credit Facility Offer Letter

A German law-governed formal offer letter from a bank detailing credit facility terms and conditions, compliant with German banking regulations.

find out more

Cash Collateralized Letter Of Credit

German law-governed agreement for a cash-collateralized letter of credit, establishing terms for secure payment backed by cash collateral.

find out more

Banker's Usance Lc

A German law-governed financial instrument providing deferred payment terms in international trade, issued by a bank to guarantee payment after a specified period.

find out more

Application For Letter Of Credit

A German-compliant application form for requesting a Letter of Credit from a bank, following German banking regulations and international trade practices.

find out more

Advance Payment Lc

A German law-governed banking instrument that secures advance payments in commercial transactions through documented conditions and bank guarantees.

find out more

Deferred Payment Letter Of Credit

A German law-governed banking instrument that commits to future payment in international trade transactions, combining the security of a letter of credit with deferred payment terms.

find out more

SBLC Buyers

A German law-governed agreement establishing terms for issuing a Standby Letter of Credit, detailing parties' obligations and drawing conditions.

find out more

SBLC Backed Buyers Credit

German law-governed credit facility agreement secured by a Standby Letter of Credit, structuring financing terms and security arrangements under German banking regulations.

find out more

SBLC At Sight

A German law-governed Standby Letter of Credit providing immediate payment guarantee upon presentation of compliant documents.

find out more

Payment Terms Dlc

German law-governed payment terms document for Documentary Letters of Credit, establishing conditions and requirements for secure international trade payments.

find out more

Negotiation Bank In Lc

A German law-governed agreement setting out terms for Letter of Credit negotiation services between a bank and its customer, compliant with German banking regulations and international standards.

find out more

Mixed Payment Lc

A German law-governed Letter of Credit combining immediate and deferred payment terms for international trade transactions, providing flexible payment structure with bank guarantee.

find out more

Irrevocable Non Transferable Letter Of Credit

A German law-governed financial instrument providing secure payment in international trade, issued by a bank as an irrevocable and non-transferable commitment to pay upon document compliance.

find out more

Direct Pay Standby Letter Of Credit

A German law-governed banking instrument providing payment security and primary payment mechanism through an irrevocable bank undertaking.

find out more

Credit Card Clearance Letter

A German-compliant formal document confirming the full settlement and closure of a credit card account, issued by the credit card provider to the cardholder.

find out more

Freely Negotiable Letter Of Credit

A German law-governed financial instrument issued by a bank guaranteeing payment in international trade transactions, subject to specified documentation requirements.

find out more

Verbiage Letter Of Credit

A German law-governed banking instrument that guarantees payment in international trade transactions upon presentation of compliant documents.

find out more

Small Business Letter Of Credit

A German-compliant Letter of Credit document providing payment security for small business international trade transactions, governed by German banking laws and UCP 600.

find out more

Secured Letter Of Credit

A German law-governed banking instrument combining a traditional letter of credit with security arrangements, providing enhanced protection while facilitating international trade transactions.

find out more

Loan Facility Letter

A German law-governed document establishing the terms and conditions of a loan facility between lender and borrower, compliant with German banking regulations and civil law requirements.

find out more

Line Of Credit Letter

A formal commitment letter under German law establishing a revolving credit facility's terms and conditions, in compliance with German banking regulations and civil code requirements.

find out more

Non Operative Letter Of Credit

A German law-governed banking instrument providing payment security in international trade through an irrevocable commitment from a bank to pay against compliant documents.

find out more

Letter Of Credit 90 Days

A German law-governed banking instrument guaranteeing payment to a seller after 90 days, subject to compliant document presentation, commonly used in international trade.

find out more

Letter Of Credit 60 Days

A German law-governed Letter of Credit providing 60-day deferred payment terms, ensuring secure international trade transactions under UCP 600 and German commercial law.

find out more

Letter Of Credit 30 Days

A German law-governed Letter of Credit providing for payment within 30 days, serving as a bank's irrevocable commitment to pay in international trade transactions.

find out more

Installment Letter Of Credit

A German law-governed banking instrument that facilitates scheduled installment payments in international trade transactions, providing security to both buyer and seller.

find out more

Inland Letter Of Credit

A German law-governed banking instrument providing payment security in domestic trade transactions through bank-mediated documentary credit.

find out more

Green Letter Of Credit

A German law-governed financial instrument combining traditional letter of credit security with environmental sustainability requirements for international trade transactions.

find out more

Import Documentary Letter Of Credit

A German law-governed banking instrument that guarantees payment in international trade upon presentation of compliant shipping documents.

find out more

Domestic Lc

A German law-governed domestic Letter of Credit facilitating secure payment in domestic trade transactions between German parties.

find out more

Digital Letter Of Credit

A German law-governed electronic banking instrument that guarantees payment in international trade transactions through secure digital platforms and authentication methods.

find out more

Beneficiary In Letter Of Credit

A German law-governed document detailing beneficiary rights and procedures under a Letter of Credit, incorporating both German commercial law and international banking practices.

find out more

Bank To Bank Lc

German law-governed agreement establishing the framework for Letter of Credit transactions between banks, including operational procedures and regulatory compliance requirements.

find out more

Unsecured Letter Of Credit

A German law-governed Unsecured Letter of Credit providing bank payment guarantee in international trade without requiring security from the applicant.

find out more

Unrestricted Letter Of Credit

A German law-governed documentary credit instrument issued by a bank guaranteeing payment in international trade transactions upon presentation of compliant documents.

find out more

Unconditional Letter Of Credit

A German law-governed banking instrument providing an irrevocable and unconditional payment commitment from a bank to a beneficiary, typically used in international trade transactions.

find out more

Transit Letter Of Credit

A German law-governed financial instrument that secures payment for international trade transactions involving goods in transit through intermediate locations.

find out more

Synthetic Letter Of Credit

A German law-governed financial instrument combining traditional letter of credit features with synthetic structures to facilitate modern trade finance transactions.

find out more

Syndicated Letter Of Credit

German law-governed agreement establishing terms for multiple banks to jointly issue and manage a letter of credit, sharing risks and commitments under German banking regulations.

find out more

Surety Backed Letter Of Credit

A German law-governed letter of credit backed by a surety guarantee, combining banking and surety provisions for enhanced trade security.

find out more

Structured Letter Of Credit

A German law-governed financial instrument providing secured, structured payments in international trade transactions, combining local regulations with UCP 600 rules.

find out more

Revolving Letter Of Credit

A German law-governed banking instrument that provides automatically renewable credit facilities for recurring trade transactions, subject to UCP 600.

find out more

Reverse Letter Of Credit

A German law-governed banking instrument that provides security to buyers in international trade transactions, where the seller initiates the credit and the buyer is the beneficiary.

find out more

Restricted Letter Of Credit

A German law-governed banking instrument that restricts letter of credit negotiation to specified banks, providing secure payment in international trade transactions.

find out more

SBLC Purchase Agreement

German law-governed agreement for the purchase and transfer of a Standby Letter of Credit (SBLC), detailing purchase terms, conditions, and transfer mechanics.

find out more

Outstanding Letter Of Credit

A German law-governed Outstanding Letter of Credit document establishing bank payment guarantees in international trade, compliant with UCP 600 and German banking regulations.

find out more

Operative Letter Of Credit

A German law-governed banking instrument that provides payment security in international trade through an irrevocable undertaking by a bank to pay against compliant documents.

find out more

Non Negotiable Letter Of Credit

A German law-governed banking instrument providing secure payment guarantee in international trade, issued as an irrevocable undertaking by a bank to pay against compliant documents.

find out more

Negotiable Letter Of Credit

A German law-governed banking instrument providing secure payment guarantees in international trade, combining local regulatory requirements with global UCP 600 standards.

find out more

Letter Of Credit Loc

A German law-governed Letter of Credit providing payment security in international trade transactions, combining local banking regulations with UCP 600 rules.

find out more

Letter Of Credit Facility

A German law-governed agreement establishing a Letter of Credit facility between a bank and an applicant, setting out terms for trade finance operations.

find out more

Letter Of Credit Discrepancy Acceptance

A German law-governed document formally accepting discrepancies in letter of credit documentation, enabling continuation of international trade transactions despite documentary inconsistencies.

find out more

Letter Of Credit Amendment

A German law-governed document that modifies the terms of an existing Letter of Credit, complying with both German banking regulations and international standards.

find out more

Lease Letter Of Credit

A German law-governed banking instrument that provides security for lease obligations, serving as a bank-backed guarantee from tenant to landlord.

find out more

Irrevocable Revolving Letter Of Credit

An Irrevocable Revolving Letter of Credit under German law, providing secure, repeating payment commitments for international trade transactions.

find out more

Fronting Letter Of Credit

A German law-governed banking instrument where a bank issues a letter of credit on behalf of an applicant, detailing payment terms and documentation requirements.

find out more

Fronting Fee Letter Of Credit

German law-governed document establishing fronting fee arrangements for Letter of Credit issuance between bank and applicant.

find out more

Fixed Letter Of Credit

A German law-governed banking instrument providing secured payment guarantee in international trade, subject to German commercial and banking regulations.

find out more

Electronic Letter Of Credit

A German law-governed electronic bank guarantee for international trade payments, incorporating digital documentation and electronic signatures in compliance with German banking regulations.

find out more

Divisible Letter Of Credit

A German law-governed financial instrument enabling multiple partial drawings against a total credit amount, combining UCP 600 guidelines with German and EU banking regulations.

find out more

Direct Letter Of Credit

A German law-governed banking instrument providing payment guarantee from buyer's bank to seller in international trade transactions, subject to UCP 600 rules.

find out more

Credit Commitment Letter

A German law-governed formal letter from a financial institution confirming their commitment to provide specified credit facilities to a borrower, subject to stated terms and conditions.

find out more

Credit Card Request Letter

A formal credit card application letter compliant with German banking regulations and consumer credit laws, used to request credit card services from German financial institutions.

find out more

Credit Card Missing Letter

A formal letter governed by German law to report a missing credit card to the issuing bank and request cancellation and replacement.

find out more

Credit Note Letter

A formal document under German law used to adjust or correct a previous invoice or transaction, complying with German VAT and Commercial Code requirements.

find out more

Credit Extension Letter

A German law-governed formal letter confirming a bank's commitment to extend credit facilities, outlining key terms and conditions of the credit arrangement.

find out more

Credit Approval Letter

A German law-governed formal letter confirming credit approval and specifying key terms and conditions of the credit facility, in compliance with German banking regulations.

find out more

Conditional Letter Of Credit

A German law-governed banking instrument that provides payment security in international trade through documentary conditions.

find out more

Commercial Letter Of Credit

A German law-governed banking instrument that provides payment security in international trade transactions through bank-guaranteed payment against document presentation.

find out more

Bond Letter Of Credit

A German law-governed banking instrument providing security for bond obligations through an irrevocable payment commitment, subject to documentary conditions.

find out more

Bankers Acceptance And Letter Of Credit

German law-governed agreement establishing terms for Banker's Acceptance and Letter of Credit facilities, incorporating German banking regulations and international practices.

find out more

Beneficiary Certificate Letter Of Credit

A German law-governed certification document issued by the beneficiary confirming compliance with letter of credit terms, essential for trade finance transactions.

find out more

Backstop Letter Of Credit

A German law-governed contingent banking instrument that provides additional security by backstopping a primary letter of credit transaction.

find out more

Advised Letter Of Credit

A German law-governed banking instrument where an advising bank authenticates and forwards a Letter of Credit to facilitate secure international trade payments.

find out more

Lc Irrevocable

A German law-governed irrevocable bank undertaking guaranteeing payment in international trade upon compliant document presentation, subject to German banking regulations and UCP 600.

find out more

Confirmed And Unconfirmed Letter Of Credit

A German law-governed Letter of Credit document providing secured payment mechanism for international trade, backed by both issuing and confirming banks.

find out more

Usance Letter Of Credit

A German law-governed banking instrument providing deferred payment commitment in international trade, combining German banking regulations with international UCP 600 rules.

find out more

Lc In Shipping

A German law-governed Letter of Credit document used in international shipping transactions, providing payment security while complying with German banking regulations and international trade practices.

find out more

Credit Rejection Letter

A formal letter used by German financial institutions to communicate credit application rejection, compliant with German banking and data protection regulations.

find out more

Letter For Credit Terms

A German law-governed document specifying the terms and conditions for a letter of credit transaction, incorporating UCP 600 guidelines and German banking regulations.

find out more

Letter Of Credit Transferable

A German law-governed transferable letter of credit document enabling the transfer of credit rights from the first beneficiary to second beneficiaries in international trade transactions.

find out more

Letter Of Credit Facility Agreement

German law-governed agreement establishing terms for a bank to issue letters of credit, detailing facility limits, conditions, and operational procedures.

find out more

Import And Export Letter Of Credit

A German law-governed Letter of Credit document providing bank-guaranteed payment security for international trade transactions, compliant with UCP 600 and German banking regulations.

find out more

Release Letter Of Credit

A German law-governed banking document that authorizes the release of obligations under an existing Letter of Credit, following both German banking regulations and international banking standards.

find out more

Lc Without Recourse

A German law-governed Letter of Credit Without Recourse document that facilitates secure international trade payments without recourse rights against the beneficiary.

find out more

Lc Bank Guarantee

A German law-governed bank guarantee document providing financial security in commercial transactions, subject to German banking regulations and civil code requirements.

find out more

Advising Bank In Bank Guarantee

German law-governed document establishing an Advising Bank's role and responsibilities in authenticating and transmitting a bank guarantee.

find out more

Irrevocable Letter Of Credit

A German law-governed irrevocable bank payment guarantee for international trade transactions, combining German banking regulations with UCP 600 rules.

find out more

Documentary Letter Of Credit

A German law-governed Documentary Letter of Credit providing secure payment mechanism for international trade, compliant with UCP 600 and German banking regulations.

find out more

Construction Letter Of Credit

A German law-governed financial instrument providing payment security in construction projects, combining documentary credit requirements with specific German construction law provisions.

find out more

Confirmed Lc

A German law-governed banking instrument providing dual-bank payment guarantee in international trade, incorporating both German banking regulations and UCP 600 requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.