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The Small Business Letter of Credit is a crucial financial instrument in the Netherlands' international trade landscape, designed specifically for small and medium-sized enterprises (SMEs) engaging in cross-border transactions. This document type is particularly relevant when Dutch small businesses need to provide payment security to international suppliers or when receiving payment from overseas buyers. The Letter of Credit contains essential terms including payment conditions, document requirements, and compliance with both Dutch banking regulations and international standards (UCP 600). It's structured to balance comprehensive security with accessibility for small business operations, incorporating necessary protections while maintaining practicality for SME use. The document is especially valuable in situations where parties seek to minimize trade risks while operating under Dutch jurisdiction.

1. Bank Details and Reference: Issuing bank's details, LC reference number, and date of issuance

2. Applicant Information: Complete details of the small business requesting the LC, including legal name, registration number, and address

3. Beneficiary Information: Complete details of the party receiving the LC, including legal name and address

4. Amount and Currency: Specific amount of the LC and currency denomination

5. Type and Form: Specification that this is an irrevocable LC and whether it's transferable

6. Expiry Details: Expiry date and place of the LC

7. Payment Terms: Conditions under which payment will be made, including required documentation

8. Shipment Terms: Details of goods, shipment method, and latest shipment date if applicable

9. Document Requirements: List of required documents for LC execution (e.g., commercial invoice, transport documents)

10. Special Conditions: Any specific conditions or requirements unique to this LC