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APPENDIX 8.2 LETTER OF CREDIT FORMAT FOR SHIPMENT BY SEA / AIR 40AForm of Documentary Credit Type:20Transaction Reference Number Documentary Credit Number Date of Issue Date and Place of Expiry Date

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What is letter of credit format?

A letter of credit format is a standardized template used for documenting the terms and conditions of a letter of credit transaction.

Who is required to file letter of credit format?

The parties involved in a letter of credit transaction including the buyer, seller, and issuing bank are required to file the letter of credit format.

How to fill out letter of credit format?

The letter of credit format should be filled out with accurate information regarding the transaction, terms and conditions, and parties involved. It is important to follow the specified guidelines provided by the issuing bank.

What is the purpose of letter of credit format?

The purpose of a letter of credit format is to ensure that the terms and conditions of a letter of credit transaction are clearly documented and agreed upon by all parties involved.

What information must be reported on letter of credit format?

The letter of credit format should include details such as the names of the parties involved, the amount of the credit, expiration date, terms and conditions of the credit, and any other relevant information.

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