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Irrevocable Letter of Credit Date:For ARC Use Only ARC Number:Full Name of Bank Issuing this Letter ARC will add the ARC number following approvalStreet Address, City, StateTelephone No. Zip Voicemail
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Revised LOC V2 is an updated version of the Letter of Credit document that incorporates necessary changes or amendments to reflect current terms and conditions.
Entities or individuals who have previously filed a Letter of Credit and need to update it due to changes in their agreement or circumstances are required to file revised LOC V2.
To fill out revised LOC V2, provide the relevant details as specified in the form, including the original letter of credit information, any changes made to terms or parties, and the parties’ signatures.
The purpose of revised LOC V2 is to ensure that all parties involved have an accurate and updated document that reflects the current terms of the transaction or agreement.
Information that must be reported includes the original letter of credit number, amended terms, names and addresses of all parties, amounts, and any relevant dates.
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