[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-277708-105":53,"doc-detail-277708-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","form-of-supplier-letter-of-credit-sample-ds-letter-of-credit","FORM OF SUPPLIER LETTER OF CREDIT - Sample DS Letter of Credit","","Irrevocable transferable supplier letter of credit sample setting the issuing bank’s commitment to honor compliant drawings under specified documentary and timing conditions. The instrument establishes terms for beneficiary presentation at sight upon demand, authorization to draw upon default events under the DS Supplier Master Agreement, and procedures for partial or full draws on business days before expiry. It also covers substitution requests, notice of nonconforming demands, automatic termination and renewal mechanics, and key definitions such as availability certificate and business day.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/form-of-supplier-letter-of-credit-sample-ds-letter-of-credit/277708/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/form-of-supplier-letter-of-credit-sample-ds-letter-of-credit/277708.png","ImageObject",442,249,{"name":88,"@type":89},"WPS_1786070896","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-23","2026-09-15",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",9,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What type of letter of credit is this sample supplier letter of credit?","Question",{"text":109,"@type":110},"It is an irrevocable transferable letter of credit issued for the applicant’s account and available to the beneficiary at sight upon demand, subject to the terms stated in the document.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How can the beneficiary make a partial or full drawing?",{"text":114,"@type":110},"The beneficiary may draw on any business day on or prior to the letter of credit’s expiration by delivering a notice executed in the form of Annex 1 and a draft in the form of Annex 2 by no later than 11:00 A.M. (New York, NY time) on that business day.",{"name":116,"@type":107,"acceptedAnswer":117},"What happens if a demand for payment does not comply with the letter of credit terms?",{"text":118,"@type":110},"The issuer must provide prompt notice (within three business days of receipt) stating why the demand was not effected in accordance with the terms, and will hold the documents at disposal or return them. The beneficiary may attempt to correct the nonconforming demand within the letter of credit’s requirements.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},277708,1790588245,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":20,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":47},549768072016,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","FORM OF SUPPLIER LETTER OF CREDIT  \nSample DS Letter of Credit  \nLetter of Credit No.    \nTo:   (“Beneficiary”)  \n1. We hereby establish in your favor this irrevocable transferable Letter of Credit (this“Letter of Credit”) for the account of  (the “Applicant”), in the aggregate amount of $  effective immediately and available to you at sight upon demand at our counters at   and expiring 364 days from date of issuance or any extension thereof (in the form of Annex 5), unless terminated earlier or automatically extended, in accordance with the provisions hereof or otherwise extended.  \n2. This Letter of Credit is issued at the request of the Applicant, and we hereby irrevocably authorize you to draw on us, in accordance with the terms and conditions hereof, up to the maximum amount of this Letter of Credit, subject to reduction as provided in paragraph 11 hereof. This Letter of Credit may be drawn upon an Event of Default under the DS Supplier Master Agreement(s) between the Applicant and you, dated  \n  .  \n3. A partial or full drawing hereunder may be made by you on any Business Day on or prior to the expiration of this Letter of Credit by delivering, by no later than 11:00 A.M. (New  \nYork, NY time 1) on such Business Day to   ,  \n(i) a notice executed by you in the form of Annex 1 hereto, appropriately completed and duly signed by an Authorized Officer of the Beneficiary and (ii) your draft in the form of Annex 2 hereto, appropriately completed and duly signed by an Authorized Officer of the Beneficiary. Authorized Officer shall mean President, Treasurer, any Vice President or any Assistant Treasurer.  \n4. We may, but shall not be obligated to, accept any request to issue a substitute Letter of Credit. Such request shall be in an Availability Certificate in the form of Annex 3 heretoby you to us for exchange for a new Letter of Credit in the amount set forth in an Availability Certificate, which amount shall not exceed the present value of this letter of credit. Upon acceptance by us of any such request to issue a substitute Letter of Credit for exchange, the new Letter of Credit shall be issued in the amount as set forth in the Availability Certificate.  \n5. We hereby agree to honor a drawing hereunder made in compliance with the terms and provisions of this Letter of Credit by transferring in immediately available funds the amount specified in the draft delivered to us in connection with such drawing to such account at such bank in the United States as you may specify in your draft delivered to us pursuant to Paragraph 3 hereof, by 3:00 P.M. (New York, NY time) on the date of such drawing, if delivery of this requisite document is made prior to 11:00 AM (New York, NY time) on a business day pursuant to Paragraph 3 herein above, but at the opening of business on the first Business Day next succeeding the date of such drawing if delivery of  \n1 If the issuer of the Letter of Credit is located in an area that is not in the Eastern time zone, this time and all other times in this Letter of Credit, and the definition of a business day should be adjusted accordingly  \nthe requisite document is made on or after 11:00 AM (New York, NY time) on any Business Day pursuant to Paragraph 3 herein above.  \n6. If a demand for payment made by you hereunder does not, in any instance, conform to the terms and conditions of this Letter of Credit, we shall give you prompt notice (not exceeding three (3) Business Days following the date of receipt of the documents) that the demand for payment was not effected in accordance with the terms and conditions of this Letter of Credit, stating the reasons therefore and that we will upon your instructions hold any documents at your disposal or return the same to you. Upon being notified that the demand for payment was not effected in conformity with this Letter of Credit, you may attempt to correct any such non-conforming demand for payment to the extent that you are entitled to do so, provided, however,","cbCaipfrozMHP4bw","https://ap.wps.com/l/cbCaipfrozMHP4bw","pdf",96872,"English","# Sample DS Letter of Credit\n## Parties and Letter of Credit terms\n## Drawing and notice of nonconforming demands\n## Substitution, termination, renewal, and key definitions","[{\"question\":\"What type of letter of credit is this sample supplier letter of credit?\",\"answer\":\"It is an irrevocable transferable letter of credit issued for the applicant’s account and available to the beneficiary at sight upon demand, subject to the terms stated in the document.\"},{\"question\":\"How can the beneficiary make a partial or full drawing?\",\"answer\":\"The beneficiary may draw on any business day on or prior to the letter of credit’s expiration by delivering a notice executed in the form of Annex 1 and a draft in the form of Annex 2 by no later than 11:00 A.M. (New York, NY time) on that business day.\"},{\"question\":\"What happens if a demand for payment does not comply with the letter of credit terms?\",\"answer\":\"The issuer must provide prompt notice (within three business days of receipt) stating why the demand was not effected in accordance with the terms, and will hold the documents at disposal or return them. The beneficiary may attempt to correct the nonconforming demand within the letter of credit’s requirements.\"}]","FORM OF SUPPLIER LETTER OF CREDIT - Sample DS Letter of Credit | PDF",1789503215]