Outstanding Letter Of Credit Template for Pakistan

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

2. Back-to-Back Provisions: Include when the LC may be used as collateral for another LC

3. Red Clause Provisions: Include when advance payment facilities are to be provided

4. Revolving Credit Terms: Include when the LC is meant to be automatically renewed

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

6. Standard Force Majeure Clause: Include when specifically requested by parties

1. Schedule A - Commercial Invoice Requirements: Detailed specifications for acceptable commercial invoice format and content

2. Schedule B - Transport Document Requirements: Specific requirements for bills of lading or other transport documents

3. Schedule C - Insurance Document Requirements: Details of required insurance coverage and acceptable documentation

4. Appendix 1 - Document Presentation Schedule: Timeline and process for document presentation

5. Appendix 2 - Bank Charges Schedule: Breakdown of all applicable bank charges and responsible parties

6. Appendix 3 - Amendments Format: Standard format for any future amendments to the LC