Lc 90 Days Payment Terms Template for Nigeria

1. Transferability Clause: Include when the LC needs to be transferable to another beneficiary

2. Confirmation Instructions: Add when confirmation from another bank is required

3. Back-to-Back Provisions: Include for back-to-back LC arrangements

4. Red Clause Provisions: Add when advance payment facility is required

5. Insurance Requirements: Include when specific insurance arrangements are needed beyond standard requirements

6. Special Payment Conditions: Add for any specific payment arrangements or conditions

7. Deferred Payment Details: Include detailed terms for the 90-day deferred payment when more complex than standard

8. Amendment Procedures: Include when specific amendment procedures are required beyond standard UCP provisions

1. Schedule A - Document Requirements: Detailed list and format of required documents

2. Schedule B - Goods Specifications: Detailed technical specifications of goods

3. Schedule C - Payment Calculation: Details of payment terms, including calculation of 90-day period

4. Appendix 1 - Standard Banking Instructions: Standard banking procedures and instructions

5. Appendix 2 - UCP 600 References: Relevant UCP 600 articles applicable to this LC

6. Appendix 3 - Shipping Terms: Detailed shipping and delivery requirements

7. Appendix 4 - Bank Contact Details: Contact information for all banks involved in the transaction