We are pleased to share our Letter of Credit Library List of the most common types of Letters of Credit. We have templates for these various situations and encourage you to contact us if you may need L/C Advisory support or to purchase L/C Templates.

Sample Letter of Credit Performance Bond

1.1 BK-IMP-CFR-AIR. An Import L/C for a company to import goods on CFR and air freight terms.

1.2 BK-IMP-FCA-AIR. An Import L/C for a company to import goods on FCA and air freight terms.

1.3 BK-IMP-CIF-AIR. An Import L/C for a company to import goods on CIF and air freight terms.

2.1 BK-IMP-CFR-Ocean. An Import L/C for a company to import goods on CFR and ocean freight terms.

2.2 BK-IMP-CIF-Ocean. An Import L/C for a company to import goods on CIF and ocean freight terms.

2.3 BK-IMP-FOB-Ocean. An Import L/C for a company to import goods on FOB and ocean freight terms.

3.1 LC Ex Works. Non SWIFT Format. A company can use this L/C for their Exports on Ex Work terms and it is in a standard text form versus being in a SWIFT format.

3.2 LC Ex Works. SWIFT Format.

4.1 LC Import. Standard Import L/C in SWIFT format.

5.1 SBLC-Advance Payment. A Standby L/C to serve as an Advance Payment bond, or guarantee, when a company needs to support a cash in advance payment.

5.2 SBLC-Non Payment of Invoices. A Standby L/C to serve as support should they fail to pay invoices after a certain deadline and have not performed.

5.3 SBLC-Performance. A Standby L/C to serve as a Performance guarantee, or a Performance bond, to support an obligation of the company to perform under a contract.

5.4 SBLC-Retention. A Standby L/C to serve as support for a Retention payment or obligation. This can enable a company to put up an L/C and get their Retention back.

5.5 SBLC-Warranty. A Standby L/C to serve as a Warranty of performance based on contractual terms.

5.6 SBLC Irrevocable. A standard Irrevocable Standby L/C.