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BANK OF CHINA LIMITED SINGAPORE BRANCH RETAIN DC COPY FOR COLLECTION (Mail if not marked X) APPLICATION FOR IRREVOCABLE DOCUMENTARY CREDIT Please issue Documentary Credit by : Full Telex Brief Telex

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What is application for irrevocable documentary?

An application for irrevocable documentary is a formal request submitted to a financial institution or bank to issue an irrevocable documentary credit or letter of credit.

Who is required to file application for irrevocable documentary?

Any individual or business entity that requires a letter of credit for international trade transactions may be required to file an application for irrevocable documentary.

How to fill out application for irrevocable documentary?

To fill out an application for irrevocable documentary, you will need to provide details about the buyer, seller, goods or services being traded, amount of credit required, any specific terms or conditions, and supporting documents.

What is the purpose of application for irrevocable documentary?

The purpose of an application for irrevocable documentary is to establish an agreement between the importer and exporter, ensuring payment for the goods or services exchanged.

What information must be reported on application for irrevocable documentary?

The information that must be reported on an application for irrevocable documentary includes the names and contact details of the buyer and seller, description of the goods or services, credit amount and currency, and any specific conditions.

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