Letter Of Credit Reimbursement Agreement Template for India

1. Security Arrangements: Required when specific collateral or security is provided for the reimbursement obligation

2. Counter-Indemnity: Include when additional indemnity arrangements are required from the Issuing Bank

3. Foreign Exchange Provisions: Required for cross-border transactions involving currency conversion

4. Compliance with UCP: Specific reference to UCP 600 compliance if required by parties

5. Electronic Banking Provisions: Include when electronic platforms are used for reimbursement processing

6. Force Majeure: Optional detailed force majeure provisions beyond standard provisions

7. Correspondent Bank Arrangements: Required when correspondent banks are involved in the reimbursement process

1. Schedule 1 - Reimbursement Request Format: Standard format for submitting reimbursement requests

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

3. Schedule 3 - Authorized Signatories: List of authorized personnel who can submit/approve reimbursement requests

4. Schedule 4 - Communication Procedures: Detailed procedures for sending and receiving communications

5. Schedule 5 - Security Documents: List and copies of security documents if applicable

6. Appendix A - Standard Operating Procedures: Detailed operational procedures for processing reimbursements

7. Appendix B - Compliance Requirements: Specific regulatory and compliance requirements applicable to the arrangement