Letter of Credit - Instruction to Buyer Template

To: (Name of Buyer)

From: (Name of Seller)

Please arrange to have the Letter of Credit (LC) issued to us in the following manner:

Credit to be available at the counters of the under-named advising bank:

Allied Irish Banks plc
Trade Finance Services
Carrisbrook House
ABN Amro House
IFSC
Dublin 1
Ireland
SWIFT Address: AIBKIE2D

1. The LC is to be irrevocable

2. The LC is to be confirmed by the advising bank: Yes No

3. Available with advising bank by: (Tick approprate option)

Payment at sight of shipping documents

or

Acceptance / Deferred payment days from

4. The LC is to be for the following amount:

5. The LC is to expire on: (dd/mm/yy) at the counters of the above bank

6. Terms of Shipment: Please quote the agreed Incoterm e.g. F.O.B. / C.I.F. etc.

7. Partial Shipments: Allowed Prohibited

8. Trans-shipment Allowed

9. Shipment From To
10. Latest date of shipment: (dd/mm/yy)

11. Documents to be presented: (Tick documents you will provide)

Commercial Invoices

Full Set of Clean on Board Marine Bills of Lading or Airway Bill

Marine Insurance Certificate for 110% of the invoice value (only to be included when the seller is arranging the insurance)

Specify any other documents/conditions you know are required to export the goods from Ireland or import the goods in the buyers country here. All conditions must be evidenced in your documents.

12. Goods Description: Please provide a brief description of the goods being shipped.