Specimen of Irrevocable Letter of Credit

Issue of Documentary Credit
Form of Documentary Credit
: Irrevocable
Documentary Credit Number
: VNO1950928
Date of Issue
: 950928
Date and Place of Expire
: Date Place

960922 Germany
Applicant Bank
: _____________ Bank, Riga, Latvia
Applicant
: VAS "Ventspils Oil"
Talsu St. 85, Ventspils, Latvia

Beneficiary
: AEG _________ Dresden Gmbh"

PO box 100360, 01073 Dresden

Account No. __________ with

Dresdner Bank BLZ 0810000
Currency Code, Amount
: DEM 462,000.00
Available with ... by ...
: Deutshe Bank AG, Frankfurt
By payment at sight

Partial Shipments
: Not allowed
Transshipment
: Not allowed
Loading on Board/Dispatch/

taking in Charge at/from ...
: Berlin, Germany
For Transportation to ...
: Ventspils, Latvia
Latest Date of Shipment
: 960314
Description of Goods and/or Services
:
Conditions of Delivery
: CPT Ventspils
Documents Required
: 20% (DEM 92,400.00)

1.

2.

80% (DEM 369,600.00)

1.

2.

3.

4.
Charges
: All charges outside of Latvia for

the Beneficiary's account
Confirmation Instructions
: Confirm
Reimbursing Bank
: Deutshe bank AG, Frankfurt/Main

Account No __________
Instructions to the Paying Bank
: Documents to be forwarded via first class

courier mail to: ___________ Bank, Riga,

Latvia. Attn.: Documentary Credit Dept.
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