Cumulative Revolving Letter Of Credit Template for Hong Kong

1. Advising Bank Details: Details of the advising bank if different from the issuing bank, used when there's an intermediate bank

2. Confirmation Instructions: Instructions regarding confirmation, used when confirmation is requested from another bank

3. Reimbursing Bank Details: Details of the reimbursing bank, included when a separate reimbursing bank is involved

4. Transfer Conditions: Terms under which the credit may be transferred, included if the credit is transferable

5. Green Clause: Advance payment terms, included if advance payments are permitted

6. Red Clause: Pre-shipment finance terms, included if pre-shipment finance is permitted

1. Schedule A - Document Requirements: Detailed specifications for each required document including format and content requirements

2. Schedule B - Goods Description: Detailed description of the goods or services covered by the letter of credit

3. Schedule C - Shipping Terms: Detailed shipping requirements including ports, modes of transport, and deadlines

4. Appendix 1 - Fee Schedule: Detailed breakdown of all applicable fees and charges

5. Appendix 2 - Revolving Schedule: Detailed schedule showing revolution dates, amounts, and cumulative calculations

6. Appendix 3 - Presentation Format: Templates or formats for presentation of documents