The At Sight LC is a crucial trade finance instrument used in international commerce under Indonesian jurisdiction. It provides security and payment assurance to exporters while offering buyers a structured method of financing international purchases. The document becomes particularly relevant when parties seek immediate payment upon document presentation, unlike usance LCs which involve a credit period. Under Indonesian law, At Sight LCs must comply with Bank Indonesia regulations and the internationally recognized UCP 600 rules. The document typically includes comprehensive details about the transaction, including goods specifications, shipping requirements, and document presentation conditions. It's commonly used in Indonesian international trade to mitigate risks associated with cross-border transactions and ensure smooth payment processing through the banking system.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
Alternatively...
1. LC Number and Date: Unique identification number of the LC and date of issuance
2. Issuing Bank Details: Complete name and address of the issuing bank
3. Applicant Details: Full name and address of the buyer/importer requesting the LC
4. Beneficiary Details: Full name and address of the seller/exporter in whose favor the LC is issued
5. Currency and Amount: Currency denomination and amount of the LC in both figures and words
6. Expiry Date and Place: Clear statement of when and where the LC expires
7. Available With/By: Specification of where and how the LC is available (payment, acceptance, or negotiation)
8. Partial Shipments/Transhipment: Whether partial shipments or transhipment is allowed or prohibited
9. Loading/Dispatch From/To: Ports or places of loading and discharge
10. Latest Date of Shipment: Final date by which shipment must be made
11. Goods Description: Brief description of the goods, quantity, unit price
12. Required Documents: List of documents required for presentation
13. Additional Conditions: Any special conditions or terms specific to this LC
14. Presentation Period: Time period within which documents must be presented after shipment
15. Banking Charges: Specification of which party bears which banking charges
1. Confirmation Instructions: Used when confirmation is requested from another bank
2. Reimbursement Instructions: Include when specific reimbursement arrangements are required between banks
3. Special Payment Conditions: Used when there are specific conditions or requirements for payment
4. Insurance Instructions: Required when the LC needs to specify insurance requirements
5. Pre-shipment Inspection: Include when inspection before shipment is required
6. Transfer Conditions: Used when the LC is transferable
7. Back-to-Back Provisions: Include when the LC can be used as collateral for another LC
1. Commercial Invoice Template: Standard format for the commercial invoice required under the LC
2. Packing List Format: Prescribed format for the packing list
3. Transport Document Requirements: Detailed specifications for bills of lading or other transport documents
4. Bank Draft Format: Standard format for drafts to be drawn under the LC
5. Document Presentation Checklist: Checklist of all required documents and their specifications
6. UCP 600 Reference Guide: Quick reference guide to relevant UCP 600 articles
Authors
Find the document you need
Lc For Payment
A bank-issued payment guarantee document under Indonesian law that ensures secure payment in international trade transactions, subject to document compliance.
Download
SBLC As Collateral
An Indonesian law-governed agreement establishing terms for using a Standby Letter of Credit as collateral security, compliant with local banking regulations.
Download
SBLC DLC
A bank-issued financial instrument under Indonesian law that provides payment security in international trade and financial transactions, governed by local banking regulations and international standards.
Download
SBLC Non Recourse Loan
An Indonesian law-governed loan agreement secured by SBLC with non-recourse provisions, combining local regulatory compliance with international banking practices.
Download
Letter Of Credit Payment Terms
An Indonesian law-governed document specifying Letter of Credit payment terms and conditions for international trade transactions, aligned with Bank Indonesia regulations and UCP 600.
Download
SBLC At Sight
An Indonesian law-governed bank guarantee instrument that provides immediate payment upon compliant document presentation, combining local banking regulations with international practices.
Download
Payment Terms Dlc
An Indonesian law-governed agreement establishing Documentary Letter of Credit (DLC) payment terms and conditions for secure international trade transactions.
Download
Non Operative SBLC
An Indonesian law-governed Non-Operative Standby Letter of Credit that serves as a contingent payment guarantee while maintaining non-operational status.
Download
Mixed Payment Lc
An Indonesian law-governed Mixed Payment Letter of Credit agreement combining sight and deferred payment terms for international trade transactions.
Download
Irrevocable Lc Payment Terms
Indonesian law-governed irrevocable letter of credit payment terms document establishing binding bank payment obligations in international trade transactions.
Download
Local Letter Of Credit
An Indonesian-law governed bank guarantee document for domestic trade transactions, providing payment security between local buyers and sellers under Bank Indonesia regulations.
Download
Non Operative Letter Of Credit
An Indonesian-law governed Non-Operative Letter of Credit document that serves as a bank's conditional payment commitment in international trade, subject to Bank Indonesia regulations.
Download
Domestic Lc
An Indonesian law-governed bank payment guarantee instrument for domestic trade transactions within Indonesia.
Download
Non Negotiable Letter Of Credit
An Indonesian law-governed banking instrument that provides secure, non-transferable payment guarantee in international trade, subject to document compliance.
Download
Credit Note Letter
An Indonesian-compliant financial document used to reduce or cancel a previously invoiced amount, following Indonesian tax law requirements and regulations.
Download
Beneficiary Certificate Letter Of Credit
An Indonesian law-governed certification document where the beneficiary declares compliance with Letter of Credit terms, meeting both local banking regulations and international UCP 600 standards.
Download
Irrevocable Lc
An Irrevocable Letter of Credit under Indonesian law providing secure payment guarantee in international trade, governed by Indonesian banking regulations and UCP 600.
Download
Import And Export Letter Of Credit
An Indonesian law-governed Letter of Credit document that secures payment in international trade transactions through bank guarantees and specified conditions.
Download
Irrevocable Letter Of Credit
An Indonesian law-governed banking instrument providing an irrevocable payment guarantee in international trade, compliant with both local regulations and international banking standards.
Download
At Sight Lc
An Indonesian law-governed At Sight Letter of Credit facilitating immediate payment in international trade upon presentation of compliant documents.
Download
Payment Guarantee Letter To Supplier
An Indonesian law-governed financial instrument where a guarantor commits to ensure payment to a supplier on behalf of a buyer, providing payment security in commercial transactions.
Download
Lc Letter Of Credit
An Indonesian-law governed Letter of Credit providing bank-guaranteed payment security for international trade transactions, subject to Bank Indonesia regulations and UCP 600.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your data is private:
We do not train on your data; 骋别苍颈别鈥檚 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
