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The document is governed by ISP98 and Texas law, restricts multiple drawings, and includes a draft certification and wire-transfer payment instructions.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/irrevocable-standby-letter-of-credit-letter-of-credit-no-draft-and-payment-instructions/281313/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/irrevocable-standby-letter-of-credit-letter-of-credit-no-draft-and-payment-instructions/281313.png","ImageObject",442,249,{"name":42,"@type":43},"Gloria","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-22","2026-09-16",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",9,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What must the Beneficiary submit to receive payment under the letter of credit?","Question",{"text":63,"@type":64},"The Beneficiary must present a fully completed draft accompanied by the Letter of Credit, along with a payment request conforming to the stated terms and conditions.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How does the receipt time affect when the Bank pays the Beneficiary?",{"text":68,"@type":64},"If the payment request is received at or before 11:00 a.m. Central Time on a business day, payment is made not later than 3:00 p.m. Central Time on the next succeeding business day. If received after 11:00 a.m., payment is made not later than 3:00 p.m. on the second business day following receipt.",{"name":70,"@type":61,"acceptedAnswer":71},"Can the Beneficiary make multiple draws under this letter of credit?",{"text":72,"@type":64},"No. Multiple drawings are prohibited; if more than one draft is presented, only the first properly presented draft will be honored.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},281313,1790176640,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,114,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},17,"Forms",40,"forms",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":116,"slug":117},18,30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":115,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":26,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":22},2336474459895,"https://ap-avatar.wpscdn.com/avatar/22000baeef7a5ed0655?x-image-process=image/resize,m_fixed,w_180,h_180&k=1786071322749376916","Irrevocable Standby Letter of Credit  \nLetter of Credit No:   Effective Date:    \nBeneficiary: Expiration Date:   \nAccount Party (“Member”):  \nName  \nAttention Member  \nStreet Address Street Address  \nCity, State, Zip Code City, State, Zip Code  \nFederal Home Loan Bank of Dallas (the“Bank”) hereby offers its IRREVOCABLE STANDBY LETTER OF CREDIT (“Letter of Credit”) in favor of the above-named Beneficiary for any sum or sums not exceeding in total U.S. $  (the“Credit Amount”), on the account of Member.  \nSubject to the terms and conditions herein, this Letter of Credit shall be honored by the presentment by Beneficiary of a payment request to the Bank at 8500 Freeport Parkway South, Suite 600, Irving, TX 75063-2547, Attention: Credit Operations Department, on or before the Expiration Date noted above, in the form of Exhibit A (the“Draft”) drawn under this Letter of Credit. If such payment request is received by the Bank at or prior to 11:00 a. m. (Central Time) on a business day, and provided that the documents so presented conform to the terms and conditions hereof, payment shall be made to Beneficiary, or to its designee, of the amount specified, in immediately available funds, not later than 3:00 p. m. (Central Time) on the next succeeding business day. If such payment request is received by the Bank after 11:00 a. m. (Central Time) on a business day, and provided that the documents so presented conform to the terms and conditions hereof, payment shall be made to Beneficiary, or to its designee, of the amount specified, in immediately available funds, not later than 3:00 p. m. (Central Time) on the second business day following receipt by the Bank. As used herein“business day” shall mean any Monday, Tuesday, Wednesday, Thursday, or Friday on which the Bank is open for business.  \nThe Draft presented for payment must be fully completed and be accompanied by this Letter of Credit.  \nMultiple drawings under this Letter of Credit are prohibited. If more than one Draft is presented, only the first properly presented Draft will be honored. A payment made by the Bank pursuant to the Draft will be made from the Bank’s own immediately available funds, and not with any funds that belong to Member. Payments made under this Letter of Credit shall be made by wire transfer in accordance with the instructions specified by Beneficiary in the Draft.  \nThis Letter of Credit is irrevocable and may not be transferred or assigned by Beneficiary, except with the express prior written consent of the Bank. Further, this Letter of Credit is not issued and enforceable until the Effective Date, as set forth above. The Bank’s obligation under this Letter of Credit is its individual obligation and is in no way contingent upon reimbursement with respect thereto, or upon the Bank’s ability to perfect any lien, security interest or any other reimbursement.  \nExcept as otherwise expressly stated herein, this Letter of Credit and all matters incidental hereto shall be governed by and construed in accordance with the International Standby Practices (“ISP98”), International Chamber of Commerce, Publication No. 590 and any revisions thereof, and as to matters not governed by the ISP98, shall be governed by and construed in accordance with the laws of the State of Texas without giving effect to choice of law principles included therein, the Uniform Commercial Code as adopted by the State of Texas and applicable laws of the United States of America.  \nFEDERAL HOME LOAN BANK OF DALLAS  \nAuthorized Officer  \nTitle  \nExhibit A  \nDRAFT  \nThe undersigned officer or agent of   (the \"Beneficiary\") hereby certifies on behalf of the Beneficiary to the Federal Home Loan Bank of Dallas (the“Bank”) with reference to Irrevocable Standby Letter of Credit No   (the \"Letter of Credit\"), that:  \n1. By presenting this Draft, the Beneficiary is requesting that payment in the amount of $  be made under the Letter of Credit by wire transfer into the account specified in the Payment I","cbCaihRJASPKKqYR","https://ap.wps.com/l/cbCaihRJASPKKqYR","pdf",254998,"English","# Irrevocable Standby Letter of Credit\n## Parties and Credit Amount\n## Presentation, Deadlines, and Payment Timing\n## Restrictions and Legal Framework\n## Exhibit A - Draft and Certification\n## Payment Instructions","[{\"question\":\"What must the Beneficiary submit to receive payment under the letter of credit?\",\"answer\":\"The Beneficiary must present a fully completed draft accompanied by the Letter of Credit, along with a payment request conforming to the stated terms and conditions.\"},{\"question\":\"How does the receipt time affect when the Bank pays the Beneficiary?\",\"answer\":\"If the payment request is received at or before 11:00 a.m. Central Time on a business day, payment is made not later than 3:00 p.m. Central Time on the next succeeding business day. If received after 11:00 a.m., payment is made not later than 3:00 p.m. on the second business day following receipt.\"},{\"question\":\"Can the Beneficiary make multiple draws under this letter of credit?\",\"answer\":\"No. Multiple drawings are prohibited; if more than one draft is presented, only the first properly presented draft will be honored.\"}]","Irrevocable Standby Letter of Credit - Letter of Credit No - Draft and Payment Instructions | PDF",1789565458]