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STANDBY LETTER OF CREDIT/PRIME BANK GUARANTEE - FORMAT ICC 458
***SBLC TO BE ISSUED VIA KEY TESTED TELEX/SWIFT MT-760TRANSMISSION ONLY ***

ISSUING BANK :
SBLC NUMBER :
CUSIP NUMBER :
ACCESS CODE :
ISIN NUMBER :
DATE OF ISSUE :
DATE OF MATURITY :APPLICANT :
BENEFICIARY :

WE, _____(NAME AND ADDRESS OF ISSUING BANK)_____, ON BEHALF OF _____(NAME AND ADDRESS OF APPLICANT)_____, HEREBY OPEN THIS IRREVOCABLE,TRANSFERABLE, UNENCUMBERED, UNCONDITIONAL, DIVISIBLE, ASSIGNABLE AND CONFIRMED FULLY FUNDED STANDBY LETTER OF CREDIT/PRIME BANK
GUARANTEE IN FAVOUR AND FOR THE CREDIT OF
_____(NAME ANDADDRESS OF BENEFICIARY)_____, AMOUNTING TO THE TOTAL VALUE USD$ _____.-/
(___(IN WORDS)_____UNITED STATES DOLLARS 00/100). THIS STANDBY LETTER OF
CREDIT/PRIME BANK GUARANTEE ISAVAILABLE FOR PAYMENT BY BENEFICIARY’S FIRST WRITTEN DEMAND, BY KEY TESTED TELEX OR KEY TEST SWIFT MESSAGE DRAWN ON _____(NAME AND ADDRESS OF ISSUING BANK)_____ MATURING ON ____ 20__. PAYMENT SHALL BEWITHOUT DELAY IN FREELY TRANSFERABLE AND LAWFUL UNITED STATES OF
AMERICA DOLLARS. SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF, FREE AND CLEAR OF ANY
DEDUCTION, CHARGE, FEE ORWITHHOLDING OF ANY NATURE NOW OR HEREAFTER IMPOSED, LEVIED,
COLLECTED, WITHHELD, OR ASSESSED BY THE GOVERNMENT OF UNITED STATES OF AMERICA OR ANY
SUBDIVISION OR AUTHORITY THEREOF ORTHEREIN. DRAFTS DRAWN UNDER THIS STANDBY LETTER OF
CREDIT MUST BE MARKED: DRAWN UNDER STANDBY LETTER OF CREDIT/PRIME BANK GUARANTEE
NUMBER _____ DATED ____ 20__ OF _____(NAME AND ADDRESSOF ISSUING BANK)_____ FOR USD$
_____.-/ (___(IN WORDS)_____UNITED STATES DOLLARS 00/100). THE STANDBY LETTER OF CREDIT/PRIME
BANK GUARANTEE IS TRANSFERABLE WITHOUT PRESENTATION...