Letter Of Credit For Services Template for Netherlands

1. Transferability Clause: Include when the letter of credit needs to be transferable to another beneficiary

2. Partial Payments: Include when multiple payments are allowed for different stages of service completion

3. Performance Standards: Include when specific service quality metrics or standards must be met

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

5. Confirmation Instructions: Include when confirmation by another bank is required

6. Assignment of Proceeds: Include when the beneficiary may need to assign proceeds to a third party

1. Schedule A - Service Specifications: Detailed technical specifications of the services to be provided

2. Schedule B - Documentary Requirements: Complete list of required documents for payment, including format and content requirements

3. Schedule C - Payment Schedule: Breakdown of payment stages if multiple drawings are permitted

4. Schedule D - Performance Metrics: Detailed metrics and standards for service acceptance

5. Appendix 1 - Standard Forms: Templates for required certificates and declarations

6. Appendix 2 - Bank Forms: Standard banking forms required for document presentation