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To:Bank of Shanghai (Hong Kong) LimitedAPPLICATION FOR IRREVOCABLE DOCUMENTARY CREDIT This Irrevocable Documentary Credit (\'DC\') is to be despatched by: Full retransmission Courier (with brief retransmission)
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How to fill out application for irrevocable documentary

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Step 1: Gather all necessary documents and information such as the beneficiary's name and address, the applicant's details, and the terms of the documentary credit.
02
Step 2: Fill out the application form for irrevocable documentary credit accurately and completely. Make sure to provide all the required details and information.
03
Step 3: Attach any supporting documents that are required by the issuing bank, such as invoices, purchase orders, and shipping documents.
04
Step 4: Review the filled application form and attached documents for any errors or omissions. Make necessary corrections if needed.
05
Step 5: Submit the completed application form and supporting documents to the issuing bank along with any required fees.
06
Step 6: Wait for the issuing bank to review the application and process the irrevocable documentary credit. This may take some time.
07
Step 7: Once the irrevocable documentary credit is approved and issued by the bank, you can use it as a guarantee of payment or as a means of financing the transaction.

Who needs application for irrevocable documentary?

01
Businesses involved in international trade and transactions often need to fill out an application for irrevocable documentary credit. This includes exporters, importers, and other parties who require a secure and reliable method of payment or financing for their international transactions.
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The application for irrevocable documentary is a formal request submitted to a financial institution requesting the establishment of an irrevocable documentary credit.
The applicant or the party requesting the irrevocable documentary credit is required to file the application.
The application for irrevocable documentary must be filled out with all relevant information regarding the transaction and the terms of the credit, as required by the financial institution.
The purpose of the application for irrevocable documentary is to provide a guarantee of payment to the beneficiary of the credit, ensuring that the terms of the transaction are met.
The application must include details of the transaction, parties involved, terms of the credit, and any other relevant information required by the financial institution.
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