Format Covering Letter Submit In Bank

Format Covering Letter Submit In Bank 

Our Ref. No. Coml/E-                                          

                      

Indian bank name 

and address

Dear Sir,

Negotiation under LC No.........................................

            We enclose herewith following documents for negotiation as per terms and conditions of the Confirmed LC. Original LC, (in total 5 pages) and Original FIRC No. .............. dated .................. for USD ........................ and FIRC No. .................. dated.................. for USD .................. and FIRC No................ dated ............... for USD .......................  has already submitted.  Please keep original L/C and FIRC with you till the last document is presented. 

i)                    Commercial Invoice(s) No.– as per lc requirement  folds.

ii)                  3/3 full set of shipped on board bill of Lading.

iii)                Insurance Certificate – as per lc requirement  Fold

iv)                Beneficiary’s Certificate -as per lc requirement 

v)                  Packing List – as per lc requirement  Fold

vi)                Certificate of Origin - as per lc requirement  Fold

vii)              One extra set for LC issuing bank.-as per lc requirement 

viii)            Bill of Exchange, in duplicate for USD .............................

2        All foreign bank charges are to be Applicant’s account.

3      We also enclose EC Copy of the Shipping Bill(s) as well as SDF(s), in originals for our Invoices (s) as per enclosed list for your necessary disposal.  You are requested to please credit the payment to our account with you. 

4         We will advise you about funds disposal on receipt of payment realization

Confirmation from you.

5        Please Issue the BRC’S once Bill is realized.

6        We are enclosing original Amendment No.2 & Amendment No.3.

7.   If your Letter of Credit in Usance So please Consider This Line  Kindly discount the bill under confirmed letter of credit without recourse and pay us At Sight. All charges related to discounting and confirmations are on the account of applicant.

              

Please endorse FIRC towards advance amount being adjusted in invoices.

            Thanking you,

                                                                                        Yours faithfully,

                                                                               For Company Name 

Encl: As above                                                       Authorised Signatory