Documentary letter of credit is a type of template of the letter of credit. From this letter, you can get an idea of how a letter can be drafted, and you can also get an official format that can be used to draft a letter. In the letter, you will find the things that can be mentioned in the letter of credit and also what content has to be written to make an effective letter.
A documentary letter of credit is a formal letter and has to be written with professionalism. Be sure to not make the letter to lengthy or complicated to be understood as it is just a template of the letter of credit. Mention all the necessary details required like the description of goods with their quantity and weight. Ensure error-free letter and make it short and sweet by not mentioning anything unnecessary. If you still don’t know how to write a documentary letter of credit, feel free to use the tips and samples below to get started.
Documentary Letter of Credit Writing Tips
- This letter is a kind of template letter of credit. Hence, it has to be written in a simple format. Do not make a complicated format.
- Do not make it too lengthy. Make it short and sweet instead. As this is a formal letter, do not write much quantity.
- Write the complete description of the goods with their quantity and the weight.
- You have to write every detail related to the said letter of credit amount, date of expiry, etc.
Documentary Letter of Credit Template
Use our free Documentary Letter of Credit to help you get started.
From,
_____________
_____________
Date : _________ (on which the letter is written)
To
____________
____________
Subject: Documentary letter of credit
Dear __________ (sir /madam),
I am ___________ (name) writing this letter regarding the letter of credit issued. My swift code and the credit card number are __________ (code). The said letter will be released on _________ (date) by __________ bank (name of bank). This letter is being issued in line with the request made to the bank. This letter of credit is valid till _________ (validity of date) .We have received confirmation from the Bank. The repayment has to be done by drawing a demand draft in the name of _________ (name). We are sure that you will act as per the terms and conditions relevant to the shipment. The detailed goods description is attached herewith. We look forward to a timely payment from your end.
Thanking you
_____________ Name
_____________ Signature
Sample Letter
From,
Ganesha Acharya
New Delhi
Date: 22nd February 2014
To,
Manager
Bank of Baroda
New Delhi
Subject – Documentary letter of credit
Dear Sir/ Madam,
I am Ganesha; my swift code is 95340. My documentary credit number is 41256, and it was issued on 01.09.2013 by the Bharat co-operative bank, the beneficiary bank is the Bank of Baroda. Upon the request. The credit limit is Rs.500000/-. The said letter of credit expires on 01.03.2014, and the confirmation of the same has been received by the bank of Baroda. The repayment of the said letter of credit will be made through a demand draft drawn in the name of Ganesha Acharya.
We hope that you agree to the terms and conditions related to the said consignment. The description of the goods in details is attached herewith for your ready reference. We hope that the payment will be done from your side in time.
Thanking you
Ganesha
Email Format
The following is the email format of Documentary Letter of Credit.
o: name@email.com
From: name@email.com
Subject: Documentary Letter Of Credit.
Dear __________ (sir /madam),
I am ___________ (name) writing this letter regarding the letter of credit issued. My swift code and the credit card number are __________ (code). The said letter will be released on _________ (date) by __________ bank (name of bank). This letter is being issued in line with the request made to the bank. This letter of credit is valid till _________ (validity of date) .We have received confirmation from the Bank. The repayment has to be done by drawing a demand draft in the name of _________ (name). We are sure that you will act as per the terms and conditions relevant to the shipment. The detailed goods description is attached herewith.
We look forward to a timely payment from your end.
Thanking you
_____________ (name)
Leave a Reply
You must be logged in to post a comment.