Counter Standby Letter Of Credit Template for Nigeria

1. Transfer Provisions: Include when the CSBLC needs to be transferable to other beneficiaries

2. Partial Drawings: Include when multiple partial drawings are to be permitted

3. Special Payment Conditions: Include when there are specific payment timing or method requirements

4. Anti-Money Laundering Declarations: Include when required by specific regulatory requirements or bank policies

5. Force Majeure Provisions: Include when specific force majeure conditions need to be addressed

6. Language Preference: Include when the CSBLC might be used in multiple jurisdictions with different languages

1. Schedule A - Drawing Certificate Format: Template of the certificate to be presented when making a drawing under the CSBLC

2. Schedule B - Authorized Signatories: List of authorized signatories from the beneficiary bank with specimen signatures

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

4. Appendix 1 - Primary SBLC Details: Complete copy or key details of the primary Standby Letter of Credit being counter-guaranteed

5. Appendix 2 - Supporting Documents: List and formats of any additional supporting documents required for drawings

6. Appendix 3 - Communication Procedures: Detailed procedures for communications between parties including SWIFT formats and requirements