The 30-Day Letter of Credit is a crucial trade finance instrument in Singapore's commercial landscape. It provides a secure payment mechanism where the issuing bank guarantees payment to the seller within 30 days of receiving compliant documents. This document type is particularly relevant for international trade transactions where parties seek to minimize risk while maintaining efficient payment terms. Under Singapore law and international banking practices, the Letter of Credit 30 Days combines the security of bank-backed payment with reasonable credit terms, making it an essential tool for trade finance.
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
1. LC Number and Date: Unique identifier and issuance date of the Letter of Credit
2. Issuing Bank Details: Complete information of the bank issuing the Letter of Credit
3. Applicant Details: Full name, address and contact information of the party requesting the LC (typically the buyer)
4. Beneficiary Details: Full name, address and contact information of the party in whose favor the LC is issued (typically the seller)
5. Currency and Amount: Specified currency and value of the Letter of Credit, both in figures and words
6. Availability and Expiry: 30-day payment terms, method of availability, and expiry conditions
7. Document Requirements: Detailed list of required documents for LC payment including commercial invoice, transport documents, etc.
8. Shipment Terms: Latest shipment date, port of loading/discharge, and delivery terms
1. Partial Shipments: Clause indicating whether partial shipments are allowed or prohibited
2. Transhipment: Terms and conditions regarding transhipment of goods
3. Insurance Coverage: Specific insurance requirements if applicable to the transaction
4. Special Conditions: Additional terms or conditions specific to the transaction
5. Transfer Conditions: Terms regarding whether the LC is transferable and associated conditions
1. Commercial Invoice Template: Standardized format for presentation of commercial invoice
2. Transport Document Requirements: Detailed specifications for required shipping/transport documents
3. Bank Amendment Form: Standard template for requesting amendments to LC terms
4. Document Presentation Checklist: Checklist for ensuring all required documents are properly presented
5. UCP 600 Reference Guide: Quick reference guide to relevant UCP 600 articles applicable to the LC
Find the exact document you need
Freely Negotiable Letter Of Credit
A Singapore-law governed bank payment instrument that can be negotiated at any bank, providing secure payment in international trade.
Download
Time Letter Of Credit
A Singaporean financial document ensuring deferred payment security in international trade under specified terms and conditions.
Download
Verbiage Letter Of Credit
A Singapore-law governed bank undertaking to pay a beneficiary upon presentation of compliant documents under specified conditions.
Download
Transferable LC At Sight
A Singapore-governed financial instrument allowing transfer of Letter of Credit rights with immediate payment upon document presentation.
Download
Straight Letter Of Credit
A non-transferable documentary credit instrument under Singapore law that guarantees payment to a named beneficiary upon presentation of compliant documents.
Download
Small Business Letter Of Credit
A Singapore-governed banking instrument that guarantees payment from a small business buyer to a seller, subject to specified conditions.
Download
Secured Letter Of Credit
A Singapore-law governed financial instrument combining letter of credit functionality with security arrangements for enhanced payment protection.
Download
Red Letter Of Credit
A high-security trade finance instrument under Singapore law, providing enhanced protection for risky international transactions.
Download
Recourse Letter Of Credit
A Singapore-governed financial instrument allowing banks to maintain reimbursement rights against the applicant in international trade transactions.
Download
Local Letter Of Credit
A Singapore-governed financial instrument issued by local banks guaranteeing payment for domestic transactions under MAS regulations.
Download
Line Of Credit Letter
A formal document establishing a revolving credit facility under Singapore banking regulations, outlining credit terms and conditions.
Download
Non Operative Letter Of Credit
A Singapore-law governed bank document providing payment security in international trade transactions, subject to document compliance.
Download
Letter Of Credit In Logistics
A Singapore-governed bank guarantee document ensuring payment in international logistics transactions, subject to UCP 600 rules.
Download
Letter Of Credit 90 Days
A Singapore-law governed financial instrument guaranteeing payment within 90 days for international trade transactions.
Download
Letter Of Credit 60 Days
A Singapore-law governed bank guarantee for international trade payments, providing 60-day payment terms upon document presentation.
Download
Letter Of Credit 30 Days
A Singapore-law governed bank guarantee ensuring payment within 30 days of document presentation, following UCP 600 guidelines.
Download
Irrevocable Confirmed LC At Sight
A Singapore-law governed payment instrument providing dual-bank guarantee for immediate payment upon compliant document presentation in international trade.
Download
Installment Letter Of Credit
A Singapore-law governed financial instrument that facilitates staged payments in international trade transactions through a structured letter of credit framework.
Download
Inland Letter Of Credit
A Singapore-compliant banking instrument that guarantees payment for domestic trade transactions under specified conditions.
Download
Green Letter Of Credit
A Singapore-governed financial instrument combining traditional letter of credit features with environmental sustainability requirements for international trade transactions.
Download
Import Documentary Letter Of Credit
A bank-issued payment guarantee instrument for international trade transactions, governed by Singapore law and international banking practices.
Download
Domestic Letter Of Credit
A bank-issued payment guarantee for domestic transactions within Singapore, governed by Singapore law and banking regulations.
Download
Domestic LC
A Singapore-governed bank guarantee of payment for domestic transactions, regulated by MAS and local banking laws.
Download
Discrepancy Letter Of Credit
A formal notification document under Singapore law that identifies and communicates discrepancies in Letter of Credit documentation.
Download
Digital Letter Of Credit
A Singapore-law governed electronic payment guarantee instrument used in international trade, providing secure digital documentation and payment assurance between parties.
Download
Business Letter Of Credit
A bank-issued payment guarantee document under Singapore law that facilitates secure international trade transactions.
Download
Beneficiary In Letter Of Credit
A Singapore-law governed document establishing the beneficiary's rights and obligations under a Letter of Credit transaction.
Download
Authorization Letter To Claim Credit Card Delivery
A Singapore-compliant authorization letter allowing a third party to collect a credit card on behalf of the cardholder.
Download
Bank To Bank LC
A Singapore-governed agreement between banks establishing terms for handling Letters of Credit, aligned with UCP 600 and local banking regulations.
Download
Bank Guarantee And Letter Of Credit
A Singapore-law governed banking instrument providing payment security through bank undertaking, subject to specified conditions and local banking regulations.
Download
Unrestricted Letter Of Credit
A Singapore-governed banking instrument that provides payment guarantee in international trade transactions, subject to document presentation.
Download
Unconditional Letter Of Credit
A bank-issued payment guarantee under Singapore law, providing irrevocable commitment to pay upon document presentation.
Download
Transit Letter Of Credit
A Singapore-governed financial instrument securing payment for goods in transit through intermediate destinations.
Download
Synthetic Letter Of Credit
A Singapore-law governed financial instrument combining traditional letter of credit features with synthetic structures, used in international trade finance.
Download
Syndicated Letter Of Credit
A Singapore law-governed agreement between multiple banks to share the risk of providing a letter of credit facility, structured under UCP 600 and MAS regulations.
Download
Structured Letter Of Credit
A sophisticated trade finance instrument under Singapore law combining traditional letter of credit features with structured finance elements.
Download
Revolving Letter Of Credit
A Singapore-law governed financial instrument that automatically renews for recurring trade transactions.
Download
Reverse Letter Of Credit
A Singapore-governed financial instrument providing advance payment security in international trade transactions.
Download
Restricted Letter Of Credit
A Singapore-law governed financial instrument that provides restricted payment assurance in international trade, subject to specific conditions and limitations.
Download
Outstanding Letter Of Credit
A banking instrument under Singapore law representing unpaid portions of a letter of credit facility, guaranteeing payment in international trade transactions.
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 documents are 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
.png)