Instructions Every Exporter Should Give To The Buyer Before Issuing LC
Exporters often land up in problems when the buyer issuers them an LC which is ambiguous and imprecise. In order to avoid the unpleasantness of the Documents getting rejected at the banks, it is better to the follwoing instructions to the LC issuers so that all transactions relating to LC and exporter's sale go through smoothly.

Dear Buyer,
We have indicated below those terms and conditions that we would find acceptable in a letter of credit issued by your bank.
Your efforts to gain compliance with these terms and conditions in the issuance of this letter of credit will ensure prompt dispatch of your order.
If your bank is unable to issue the credit within the following guidelines, please contact us providing information on those areas that must be altered. This will eliminate needless delay and costs involved with amendments after the credit has been opened. Only those items marked with an "X" will apply.
1. [ ] The letter of credit is to be irrevocable and subject to the Uniform Customs and practice for Documentary Credits, as published and updated from time to time by the International Chamber of Commerce.
2. [ ] The letter of credit is to be [ ] Advised [ ] Confirmed by our bank: AAA Bank Attn: International Operations
SWIFT No. ABA.:
3. [ ] The beneficiary is to be shown as:
4. [ ] The letter of credit is to be payable upon presentation of drafts drawn at: A. [ ] At sight B. [ ] ___ days after the date of the transport document (i.e., 90 days after date of B/L) C. [ ] ___ days after sight (i.e., 90 days after sight) D. [ ] Other: ____________________________ 5. [ ] The letter of credit is to be available by negotiation with any bank.
6. [ ] The letter of credit is to be payable in: [ ] mention currency here in ISO code like USD, EUR
7. [ ] The amount of the letter of credit is to be specific as: [ ] "Not to exceed “_____________ [ ] "About “_______________
8. [ ] The following documents are normally provided if required in the letter of credit. Please avoid the requirement for any other documents without prior agreement on our part. A. [ ] Signed Commercial Invoice, one original and ______ copies. B. [ ] Packing List in ______ copies. C. [ ] Negotiable Marine/Air Insurance policy or certificate in duplicate for 110% of invoice value covering all risks and war risks and ____________________________ D. [ ] Full set of clean on board ocean bills of lading issued to order of : __________________________ E. [ ] Clean air waybill consigned to: __________________________________________ F. [ ] Other documents:
9. [ ] The letter of credit is to specify shipment of: ___________________________________________ ____________________________________________
10. [ ] Shipment is to be: [ ] FOB ___________ From: __________________ [ ] CFR ___________ To: ____________________ [ ] CIF___________ [ ] EXW__________ [ ] Other __________ (i.e.: FCA, FAS, CIP, etc.)
11. [ ] The Bill of Lading is to be marked: [ ] Freight Prepaid [ ] Freight Collect
12. [ ] Transshipments: [ ] Are permitted [ ] Are not permitted
13. [ ] Partial shipments: [ ] Are permitted [ ] Are not permitted
14. [ ] Latest Shipment Date __________________
15. [ ] Latest Presentation Date of Documents to the Negotiating bank to be ____ days after each shipment date.
16. [ ] Expiration Date of letter of credit to be __________________
17. [ ] The letter of credit should specify that all banking charges outside the country of the applicant are for the account of the [ ] applicant [ ] beneficiary.
18. [ ] letter of credit to be transferable.
19. [ ] Other special instructions.