Structured Letter Of Credit Template for South Africa

1. Advising Bank Details: Details of the bank advising the credit, used when there's an intermediary bank

2. Confirmation Instructions: Used when confirmation by another bank is required

3. Transfer Conditions: Included when the Letter of Credit is transferable

4. Revolving Credit Terms: Used for revolving Letters of Credit, specifying restoration terms

5. Red Clause Provisions: Included when advance payment provisions are required

6. Back-to-Back Provisions: Used in back-to-back Letter of Credit arrangements

7. Standby Provisions: Specific terms for standby Letters of Credit

8. Force Majeure Clause: Special provisions for unforeseen circumstances

9. Insurance Requirements: Specific insurance requirements beyond standard coverage

1. Schedule A - Document Requirements: Detailed specifications for each required document

2. Schedule B - Commercial Invoice Requirements: Specific requirements for the format and content of commercial invoices

3. Schedule C - Transport Document Requirements: Detailed requirements for bills of lading or other transport documents

4. Schedule D - Insurance Document Requirements: Specifications for insurance certificates or policies

5. Appendix 1 - UCP 600 Incorporation: Specific UCP 600 articles applicable to this Letter of Credit

6. Appendix 2 - Special Payment Conditions: Detailed payment terms and conditions

7. Appendix 3 - Goods Specifications: Detailed technical specifications of goods

8. Appendix 4 - Bank Forms: Standard forms required by the issuing bank