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The Business Master (3rd Edition)
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Text File
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1996-09-03
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769b
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38 lines
[date line]
LETTER OF CREDIT (GENERAL)
[name of bank]
[address]
[city, state, zip]
[country]
Sir:
We hereby agree to accept and pay at maturity any
draft or drafts on us, at day's sight, issued by
[name of individual] of your city, to the extent of
[amount of limit] ($ ) Dollars, and negotiated
through your bank.
Most respectfully yours,
_____________________
[Signature]
DATED: _____________________
____________________[ADDRESS]
I hereby guarantee the due acceptance of payment of
any draft issued in pursuance of the above credit.
________________________
[SIGNATURE OF GUARANTOR]