Here’s an example of the format for providing L/C information:

Date issued: 12/31/12
Maturity: 3/30/13 (90days)
Foreign bank: Int'l Moscow Bank
Amount: $2,000,000
Advising fee: $250
Negotiation fee: .05% flat
Confirmation fee: .25% per quarter or part thereof
Acceptance fee: .50% per annum
Discount rate on time drafts: Libor + 1%

 

Thank you in advance for helping us identify potential opportunities for improving the terms and pricing for your letters of credit.

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