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CDTFA487DCB (FRONT) REV. 2 (817)STATE OF CALIFORNIAIRREVOCABLE LETTER OF CREDITCALIFORNIA DEPARTMENT OF TAX AND FEE ADMINISTRATIONISSUING BANK COMEBACK LETTER OF CREDIT NUMBERISSUING BANK ADDRESS
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01
To fill out the CDTFA-487-DCB irrevocable letter of credit form, follow these steps:
02
Begin by entering the date at the top of the form.
03
Provide the name and address of the issuing financial institution in the designated fields.
04
Enter the beneficiary's name and address who will receive the letter of credit.
05
Specify the type of letter of credit being issued, such as standby or commercial.
06
Include the amount of the letter of credit in both numeric and written format.
07
Indicate the expiration date of the letter of credit.
08
Enter any special conditions or terms that apply to the letter of credit.
09
Provide the signature and contact information of the authorized representative issuing the letter of credit.
10
Finally, review the completed form for accuracy and submit it to the appropriate party.

Who needs cdtfa-487-dcb irrevocable letter of?

01
The CDTFA-487-DCB irrevocable letter of credit is typically needed by business owners or individuals who are required to provide financial assurance or security to the California Department of Tax and Fee Administration (CDTFA).
02
It may be needed in situations where a business is applying for a permit or license and the CDTFA requires a guarantee of payment or compliance.
03
Specifically, individuals who engage in activities subject to taxation or regulation by the CDTFA, such as sellers, manufacturers, distributors, or operators of certain businesses, may need to submit this letter of credit.
04
It is advisable to consult the CDTFA or a professional advisor to determine if the CDTFA-487-DCB irrevocable letter of credit is necessary for a specific situation.
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The cdtfa-487-dcb irrevocable letter of is a document that cannot be changed or cancelled once it is issued.
Certain businesses or individuals may be required to file a cdtfa-487-dcb irrevocable letter under specific circumstances.
The cdtfa-487-dcb irrevocable letter should be filled out according to the instructions provided in the form.
The purpose of the cdtfa-487-dcb irrevocable letter is to provide assurance or guarantee of payment or performance.
The cdtfa-487-dcb irrevocable letter may require specific details about the transaction, parties involved, and terms of the irrevocable commitment.
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