How to write an application for a letter of credit, a bank credit certificate

Confirm and with out are confirmed and unconfirmed.

Confirmation means that another bank other than the issuing bank bears the responsibility of confirming and negotiating the L/C.

Generally speaking, there is nothing to confirm or not to confirm, and the presence or absence of this clause does not directly indicate the authenticity of the letter of credit.

I don't understand what you mean by taking the certificate, if you refer to the authenticity of the letter of credit, confirmation or non-confirmation will not affect the authenticity of the letter of credit.

If the amount is relatively large and it is the first time to cooperate, I suggest adding confirmation, the most important thing is that you and your bank consult the credit of the issuing bank, and carefully read the requirements of the issuance application whether you can do it to prevent the other party from refusing to pay.

Sample of bank credit certificate application 1 to: Bank branch Our company is now required to issue a credit certificate to the bidding company because of its participation in the bidding project numbered by the bidding company, which proves that our company has no loan and arrears records in your bank and no bad records in settlement. The details are as follows:

Bank: Bank Sub-branch Account Name: Company Account Number:

Our company promises: the credit certificate issued by your bank is issued according to the requirements of our unit, only for bidding, and the consequences caused by our unit's use for other purposes or other third parties have nothing to do with your bank. The application for the applicant (stamped) is hereby applied:

Sample application for bank credit certificate 2 Business Department of the head office of the bank: due to the name of our company's project), I hereby request you to issue a credit certificate to the name of the beneficiary of our company. As the applicant, our company hereby unconditionally and irrevocably declares, undertakes and warrants as follows:

1) Our company is a corporate legal person registered in accordance with the laws of the People's Republic of China, with full capacity for civil conduct, and has been fully authorized to sign this application. We warrant that any document issued pursuant to this application shall not be defended against as being contrary to the Articles of Association, authority or internal resolutions.

2) Our company guarantees to provide relevant documents according to the requirements of your bank, including but not limited to project introduction (project background, contract amount, capital, project quantity, etc.), a copy of the company's business license that has passed the annual inspection, the identity certificate of the legal representative, the letter of authorization (if authorized to sign), the audit report of the previous year and the latest financial statements. Our company guarantees that all documents provided to your bank are legal, true, accurate and complete. If the documents provided to your bank are photocopies, ensure that the photocopies are consistent with the originals and affix the company's official seal for confirmation.

3) Our company unconditionally agrees that your bank has the right to issue this credit certificate in the format that your bank deems appropriate.

4) Our company guarantees that this credit certificate will only be used for the above items, and will not be used for other purposes.

5) Our company is willing to bear the handling fee charged by your bank for issuing this credit certificate

MB1,000 00), you can deduct directly from the relevant account opened by our company with your bank, and our company guarantees that it will not hold any objection to this and waive all rights of defense and recourse.

6) Our company guarantees that the statements, promises and warranties made herein are voluntary and true expressions of our company's intentions, and this application will take effect from the date of our company's signature. Contact: Applicant Name:

or Authorized Signatory): Date:

If the content of the L/C amendment is not comprehensive, then you need to take back the L/C amendment application form and make up for it, or make a new L/C amendment application.

The bank asks you to write something, which emphasizes the unmodified place, which is not standardized, and it is not okay - because the application for modification of the letter of credit is filled in by the applicant himself, and stamped with a seal, indicating that the content of the application is confirmed, and the issuing bank will send a modification message according to the content of the application. If there is a problem, a lawsuit, or a dispute arises in the future, this application can be used as the basis for the issuing bank to act.

Is it to apply for the opening of a letter of credit?

Submit a copy of the relevant contract and attachments:

When applying to the bank for issuance, the importer should submit a copy of the import contract and the required attachments to the bank, such as import licenses, import quota certificates, and approval documents of certain departments.

Fill out the issuance application form

The importer shall fill in three copies in accordance with the unified application form prescribed by the bank, and one copy shall be retained by the business department; One copy is reserved for the finance department; One copy is paid to the bank. To fill in the application for issuance, the requirements of the letter of credit must be specified in accordance with the specific provisions of the contract terms, and the content should be clear and complete, and there should be no unclear records.

Pay the security deposit:

According to the international practice, the importer should pay a certain percentage of the deposit to the bank when opening the L/C, and the amount is generally a few percent to dozens of the amount of the L/C, which is generally determined according to the credit status of the importer. In China's import business, the issuing bank requires the applicant to pay a certain percentage of the RMB deposit according to different enterprises and transactions, and then the bank issues the certificate.

Contact the bank where you want to issue the certificate and everything will tell you.

1。Ask the bank for a blank letter of credit amendment application.

2。Take out the original evidence and write it against it.

3。If it is an increase in the amount, the bank may require you to increase the margin and guarantee.

4。In the case of other clauses, such as "aaaaaa" in clause 47a of the letter of credit, it could be written like this:

47a:'bbbbb'i/o'aaaaa'.

Here i o means instead of.

Or write: 47a:'aaaaa' amend to 'bbbbb'.

5。Indicate who pays the amendment fee, whether you pay it or the beneficiary.

6。Check whether there is any contradiction with the terms of the letter of credit, and whether there are other places to be changed, such as the unit price is changed, and the total price must also be changed.

7。Handed over to the bank, ok.

It should be noted that you can change the certificate, and the beneficiary can not accept it. As long as the documents submitted by him are in accordance with the original letter of credit, it is fine, and there is no need to notify him in advance. The above is an international letter of credit.

If it is a domestic letter of credit, the procedure is the same, but the certificate of the beneficiary's consent needs to be submitted when changing the certificate.

The letter of credit amendment application is the terms of your letter of credit, the seller does not accept you to modify, apply to your issuing bank, each bank has a fixed format.

If the issuing bank has a fixed format of the application for revisation, you can mark the places that need to be modified one by one, and you need to compare the original L/C with the places that need to be modified.

Write down the reason for the revocation and then apply for the revocation.

Or the simplest, find the bank and ask for a format, just copy it. The key is to have an official seal, and the other big mistakes are just a formality.

To put it simply, a letter of credit is a settlement method or tool in the international **. That is, the settlement method agreed by the buyer and seller in the contract - the applicant (buyer) applies to the bank to open a letter of credit according to the settlement agreement of the contract and the relevant terms of the contract.

As far as the nature of the letter of credit is concerned, the letter of credit is independent of the contract and is sold as a separate document - the main parties to the letter of credit are the issuing bank and the beneficiary. In other words, the L/C is a conditional payment commitment by the issuing bank to the beneficiary, that is, as long as the beneficiary acts in accordance with the provisions of the L/C and submits documents that meet the requirements of the L/C, then the issuing bank will guarantee payment to the beneficiary.

It should be pointed out that the letter of credit is the credit of the bank, that is, once the letter of credit is opened, it constitutes a payment commitment made by the issuing bank to the beneficiary independently, and has nothing to do with the applicant and the contract. Even if the applicant goes bankrupt due to mismanagement, as long as the beneficiary's documents meet the requirements of the L/C, then the issuing bank must fulfill its promise to the beneficiary - payment.

This is the main reason why letters of credit are widely adopted.

It's what is often said in the law, and it will be more detailed in a while, but it's hard to explain clearly.

The applicant for a letter of credit is the person who applies to the bank (issuing bank) for the issuance of a letter of credit in accordance with the provisions of the commercial contract, that is, the importer. The applicant for the letter of credit must be complete and clear, including the name and address.