Straight Letter Of Credit Template for Hong Kong

1. Confirmation Instructions: Used when confirmation is requested from another bank

2. Reimbursement Instructions: Include when specific reimbursement arrangements between banks are required

3. Special Payment Conditions: Used when there are deferred payment terms or special payment arrangements

4. Transfer Conditions: Include when the credit is transferable

5. Back-to-Back Provisions: Used when the credit will serve as collateral for another credit

6. Green Clause Provisions: Include when advance payment facilities are provided to the beneficiary

7. Insurance Instructions: Used when specific insurance requirements need to be detailed

8. Pre-Shipment Inspection: Include when inspection before shipment is required

1. Schedule A - Document Requirements: Detailed list and format of required documents including specific wording requirements

2. Schedule B - Goods Specification: Detailed technical specifications of the goods being traded

3. Schedule C - Banking Instructions: Specific instructions regarding banking procedures and requirements

4. Schedule D - Commercial Invoice Requirements: Specific requirements for the format and content of commercial invoices

5. Schedule E - Transport Document Requirements: Specific requirements for transport documents including bills of lading

6. Appendix 1 - Standard Bank Forms: Standard forms required by the issuing bank

7. Appendix 2 - UCP 600 References: Relevant articles of UCP 600 applicable to this credit