Your data doesn't train Genie's AI
You keep IP ownership of your information
1. Bank Details: Full name and address of the issuing bank
2. Letter of Credit Reference: Complete reference number and details of the Letter of Credit to be cancelled
3. Applicant Details: Full name and contact details of the original applicant of the Letter of Credit
4. Beneficiary Details: Full name and contact details of the beneficiary of the Letter of Credit
5. Cancellation Request: Clear statement requesting cancellation of the Letter of Credit
6. Reason for Cancellation: Brief explanation of why the Letter of Credit is being cancelled
7. Authorization Statement: Statement confirming the authority to request cancellation
8. Indemnity Statement: Statement indemnifying the bank against any claims arising from the cancellation
1. Beneficiary's Consent: Section containing beneficiary's explicit consent to the cancellation, required when the Letter of Credit terms mandate beneficiary approval for cancellation
2. Return of Original Documents: Section requesting return of original Letter of Credit documents, needed when physical documents were issued
3. Alternative Instructions: Section specifying alternative arrangements if any replacement facilities are being put in place
4. Outstanding Presentations: Declaration regarding any outstanding presentations under the Letter of Credit, required when there might be pending transactions
1. Original Letter of Credit: Copy of the original Letter of Credit being cancelled
2. Beneficiary's Consent Letter: If applicable, the original signed consent letter from the beneficiary
3. Corporate Authorization: Evidence of corporate authority to cancel the Letter of Credit (board resolution, power of attorney etc.)
4. Outstanding Claims Statement: If applicable, statement showing any outstanding claims or presentations under the Letter of Credit
Banking & Financial Services
International Trade
Import/Export
Manufacturing
Retail
Construction
Energy & Resources
Agriculture
Shipping & Logistics
Commodities Trading
Finance
Treasury
Trade Operations
Legal
Compliance
Risk Management
Commercial Operations
International Trade
Banking Operations
Credit Administration
Trade Finance Manager
Treasury Manager
Financial Controller
Chief Financial Officer
Import/Export Manager
Compliance Officer
Banking Relationship Manager
Trade Operations Officer
Credit Manager
Documentary Credits Specialist
Legal Counsel
Risk Manager
Commercial Director
Supply Chain Manager
Find the exact document you need
Application Letter For Lc
A UAE-compliant formal application to a bank requesting the issuance of a Letter of Credit, governed by UAE banking regulations and international UCP 600 rules.
Loan Against Letter Of Credit
UAE-governed loan agreement securing finance against a Letter of Credit, compliant with UAE banking and commercial laws.
Collateral For Letter Of Credit
A UAE law-governed security agreement establishing collateral arrangements to secure Letter of Credit obligations, compliant with UAE banking regulations and commercial law.
180 Days Usance Lc
A UAE-governed financial instrument providing 180-day deferred payment terms in international trade, backed by bank guarantee and regulated under UAE commercial law.
Export Lc Discounting
UAE-governed agreement for discounting export Letters of Credit, establishing terms between financial institutions and exporters for early payment against LCs.
Cash Collateralized Letter Of Credit
UAE law-governed agreement for issuing Letters of Credit backed by cash collateral, establishing terms between bank and applicant under UAE Commercial Transactions Law.
Application For Letter Of Credit
A UAE-compliant formal application to a bank requesting the issuance of a Letter of Credit for securing international trade transactions, governed by UAE Commercial Law and UCP 600.
Letter To Bank For Reversal Of Amount
A formal request letter to UAE banks for reversing a transaction amount, complying with UAE banking regulations and providing necessary transaction details.
Contour Letter Of Credit
A UAE law-governed digital Letter of Credit issued via the Contour platform, providing secure payment guarantee in international trade transactions.
Loan Against Irrevocable Lc
UAE law-governed financing agreement for loans secured against irrevocable Letters of Credit, incorporating UAE banking regulations and commercial code requirements.
Usance Lc Discounting
UAE-governed agreement for discounting Usance Letters of Credit, facilitating trade finance between banks and exporters under UAE banking regulations.
Transferring Bank In Lc
UAE-governed document establishing terms and conditions for Letter of Credit transfers through a Transferring Bank, compliant with UAE banking laws and regulations.
Sight Lc And Usance Lc
UAE-governed Letter of Credit document for international trade, offering either immediate (Sight) or deferred (Usance) payment terms under UAE law and UCP 600.
Revolving SBLC
UAE law-governed Revolving SBLC agreement establishing an automatically reinstating credit facility, compliant with UAE banking regulations and international standards.
Payment Terms Dlc
UAE-governed payment terms document for Documentary Letters of Credit, incorporating local banking regulations and international practices.
Payment Against Lc
UAE-governed document establishing terms and conditions for Letter of Credit payment arrangements in international trade transactions.
Non Transferable SBLC
A UAE-governed banking instrument providing payment guarantee from a bank to a specific, non-transferable beneficiary, subject to defined conditions.
Non Transferable Letter Of Credit
A UAE-governed banking instrument that provides payment security in international trade while explicitly prohibiting transfer of drawing rights to third parties.
Non Operative SBLC
A UAE-governed standby letter of credit serving as a bank-issued payment guarantee in international trade, compliant with UAE Federal Laws and international banking practices.
Negotiation Bank In Lc
UAE-governed agreement establishing terms for Letter of Credit negotiations between banks and beneficiaries, aligned with UAE banking laws and international practices.
Negotiable Lc
A UAE-governed banking instrument that provides payment security in international trade, combining local UAE banking regulations with international standards for letter of credit transactions.
Mixed Payment Lc
A UAE-law governed trade finance instrument combining immediate and deferred payment mechanisms for international trade transactions.
Letter Of Credit For Domestic Transactions
A UAE-governed banking instrument that guarantees payment for domestic transactions between UAE-based parties, subject to the presentation of compliant documents.
Letter Of Credit Discounting Charges
A UAE-governed banking document that specifies all charges and terms related to Letter of Credit discounting services.
Letter Of Credit Available With
A UAE-governed banking instrument that specifies the nominated bank where a Letter of Credit is available and how it can be utilized in international trade transactions.
Letter For OverFacility
A UAE-governed banking document that establishes an overdraft facility agreement between a bank and customer, specifying credit limits and terms under UAE banking regulations.
Lc In Purchase Order
A UAE-governed financial instrument combining Letter of Credit requirements with purchase order specifications, providing payment security and transaction details under UAE commercial law.
Irrevocable Non Transferable Letter Of Credit
A UAE-governed banking instrument providing guaranteed payment in international trade, issued as an irrevocable and non-transferable commitment under UAE Commercial Code and UCP 600.
Irrevocable Lc Payment Terms
UAE-governed payment terms document for irrevocable letters of credit, establishing secure international trade payment conditions under UAE law and UCP 600.
Direct Pay Standby Letter Of Credit
A UAE-governed banking instrument providing irrevocable payment commitment upon document presentation, combining local banking laws with international practices.
Cumulative Revolving Letter Of Credit
UAE-governed trade finance instrument establishing an automatically reinstating credit facility for multiple drawings, compliant with UAE banking laws and UCP 600.
Credit Card Clearance Letter
A UAE-compliant formal confirmation letter issued by a bank declaring full settlement and closure of a credit card account with no outstanding obligations.
Freely Negotiable Letter Of Credit
A UAE-governed banking instrument that provides a secure payment mechanism in international trade, allowing for negotiation by any bank worldwide.
Verbiage Letter Of Credit
A UAE-governed banking instrument that guarantees payment in international trade transactions, subject to UAE Commercial Code and UCP 600 rules.
Transferable Lc At Sight
A UAE-governed financial instrument allowing transfer of letter of credit rights with payment at sight, facilitating secure international trade transactions.
Straight Letter Of Credit
A UAE-governed banking instrument providing secure payment guarantee in international trade transactions, subject to UAE Federal Law and UCP 600.
Small Business Letter Of Credit
A UAE-governed Letter of Credit document providing payment security for small businesses in international trade transactions, complying with UAE banking laws and UCP 600.
Loan Facility Letter
A UAE-governed document issued by a financial institution outlining loan facility terms and conditions, compliant with UAE banking and commercial laws.
Non Operative Letter Of Credit
A UAE-governed preliminary Letter of Credit that outlines terms and conditions but remains inoperative until specific conditions are met, following UAE banking regulations and UCP 600.
Letter Of Credit In Logistics
A UAE-governed banking instrument that guarantees payment in international trade transactions upon presentation of compliant logistics and shipping documents.
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it