Secured Letter Of Credit Template for Germany

1. Advising Bank Details: Required if an advising bank is involved in the transaction

2. Confirmation Instructions: Needed if confirmation by another bank is requested

3. Transferability Clause: Include if the credit is to be transferable

4. Revolving Terms: Include if the letter of credit is revolving rather than single-use

5. Insurance Requirements: Specific insurance requirements for the security if applicable

6. Special Conditions: Any additional terms or conditions specific to the transaction

1. Schedule A - Required Documents: Detailed list of all documents required for drawing under the LC

2. Schedule B - Security Details: Comprehensive description of the security arrangement, including valuation and maintenance requirements

3. Schedule C - Fee Schedule: Details of all applicable fees, charges, and commission rates

4. Appendix 1 - Form of Draw Request: Standard format for beneficiary's drawing request

5. Appendix 2 - Security Documentation: Forms and documents relating to the security interest

6. Appendix 3 - UCP 600 Reference: Specific articles of UCP 600 applicable to this LC