Singapore LC Documents Sample Clauses
The 'Singapore LC Documents' clause defines the specific documents required under a letter of credit (LC) issued in Singapore for a transaction. Typically, this clause outlines which shipping, commercial, or compliance documents must be presented to the bank to trigger payment under the LC, such as bills of lading, invoices, or certificates of origin. By clearly specifying the necessary documentation, the clause ensures that both parties understand the requirements for payment, reducing the risk of disputes and delays in international trade transactions.
Singapore LC Documents all documents, instruments and agreements (including Singapore LC Requests and Singapore LC Applications) delivered by any Singapore Borrower or by any other Person to a Singapore Fronting Bank or the Agent in connection with issuance, amendment or renewal of, or payment under, any Singapore Letter of Credit.