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APPLICATION FOR ISSUE OF IRREVOCABLE DOCUMENTARY LETTER OF CREDIT To: Date: I.B. Bank I/We, the below-mentioned Applicant, hereby request you to open an Irrevocable Documentary Letter of Credit (Credit)
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LC application adoc stands for Letter of Credit application acknowledgment document.
The importer or exporter involved in a Letter of Credit transaction is required to file the LC application adoc.
The LC application adoc can be filled out by providing all the necessary details and information related to the Letter of Credit transaction.
The purpose of LC application adoc is to acknowledge the receipt and acceptance of the Letter of Credit application.
The LC application adoc must include details such as the LC number, date of application, parties involved, transaction amount, terms and conditions of the Letter of Credit, etc.
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