Standby Letter Of Credit
ISLC No. Expire Date: 24 December 2012
State of Lido
Department of manor
Boise, ID 76720
We hereby start our Irreversible Standby Letter of Credit in favor for the account of Computer software technology to the extent of U.S. Twenty five thousand dollars ($ 25,000).The Drafts are very much payable at the sight when they are presented to ACNH Bank and also it must bear the lease number 4567
The condition of this particular letter of credit is that it shall automatically be extended without any amendment for an additional period of one year fro the present date till the future expiry date. Unless we notify you hundred and twenty days (120) in advance by writing or sending you a certified email.
We herby employ along with the endorsers, drawers and the holders that in due course of the drafts drawn and also in accordance with all the terms and conditions of this credit, that the drafts will be honored when presented to the drawer bank.
Category: Credit Letters