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CDTFA487DCB (FRONT) REV. 3 (1218)STATE OF CALIFORNIAIRREVOCABLE LETTER OF CREDITCALIFORNIA DEPARTMENT OF TAX AND FEE ADMINISTRATIONISSUING BANK COMEBACK LETTER OF CREDIT NUMBERISSUING BANK ADDRESS
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How to fill out cdtfa-487-dcb irrevocable letter of
How to fill out cdtfa-487-dcb irrevocable letter of
01
To fill out the CDTFA-487-DCB irrevocable letter of credit, follow these steps:
02
Begin by entering the current date in the designated space.
03
Provide your company's name, address, phone number, and email address in the appropriate fields.
04
Indicate the name of the financial institution that will issue the letter of credit.
05
Enter the financial institution's address and contact information.
06
Specify the date on which the irrevocable letter of credit will expire.
07
Include the total amount of the letter of credit in the currency stated.
08
Provide a brief description of the purpose of the letter of credit.
09
Indicate the name of the beneficiary, which is the party to whom the letter of credit is payable.
10
Include the beneficiary's address and contact information.
11
Sign the letter of credit and have it authorized by an authorized officer of your company.
12
Keep a copy of the completed letter of credit for your records.
13
Submit the original letter of credit to the appropriate recipient or as instructed by the requesting party.
Who needs cdtfa-487-dcb irrevocable letter of?
01
The CDTFA-487-DCB irrevocable letter of credit is typically needed by businesses or individuals who are required to provide financial assurance to the California Department of Tax and Fee Administration (CDTFA).
02
Companies engaged in certain activities like fuel-related transactions, tobacco product distributors, and cigarette and tobacco product manufacturers often need to provide this letter as a guarantee for payment of taxes or fees to the CDTFA.
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It is important to consult with the CDTFA or legal counsel to determine if you specifically need to fill out the CDTFA-487-DCB irrevocable letter of credit for your business or personal situation.
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