Sight Draft for Commercial Letter of Credit | Practical Law

Sight Draft for Commercial Letter of Credit | Practical Law

A form of sight draft, to be used in making a presentation to demand payment under a commercial letter of credit, also known as a documentary letter of credit. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

Sight Draft for Commercial Letter of Credit

Practical Law Standard Document w-018-0782 (Approx. 10 pages)

Sight Draft for Commercial Letter of Credit

by Practical Law Finance
MaintainedUSA (National/Federal)
A form of sight draft, to be used in making a presentation to demand payment under a commercial letter of credit, also known as a documentary letter of credit. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.