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Irrevocable Letter of Credit

Prepare an Irrevocable Letter of Credit with this easy-to-use template form.
  • The Letter of Credit (LC) cannot be revoked before its expiry date.
  • The LC will be honored by the issuing bank upon written demand for payment by the beneficiary.
  • The beneficiary must confirm in writing that the monies being drawn under the LC will be used to meet the customer's obligations to the beneficiary.
  • The Letter of Credit template contains optional provisions depending on whether or not the LC can be transferred to a successor of the beneficiary.
  • The LC is issued subject to UCP 600, 2007 Revision.
This Irrevocable Letter of Credit template is provided as a downloadable and fully customizable MS Word form. This is a generic form which is not country-specific.

Download: Irrevocable Letter of Credit

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Canadian Law Resources: (14-Apr-2018) E.&O.E.

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