Letter of credit | Practical Law

Letter of credit | Practical Law

A letter of credit (also called a documentary credit) to be issued by a bank in connection with an underlying sales transaction.

Letter of credit

Practical Law UK Standard Document 8-100-9623 (Approx. 7 pages)

Letter of credit

by Denys Hickey (formerly of Ince & Co), updated by Wai Yue Loh, partner at Ince
Maintained • United Kingdom
A letter of credit (also called a documentary credit) to be issued by a bank in connection with an underlying sales transaction.