.
Sample at Sight Bill of Exchange (Draft) in Letters of Credit 










Keywords : bill of exchange sample, draft sample, at sight draft sample, drawn on, drawee,lc at sight with draft, how to complete a draft for letter of credit, endorsement of draft in a letter of credit

Letter of credit simulation for a draft sample  :

I need to create an hypothetical letter of credit simulation in order to establish the bill of exchange sample. Let us assume we are the beneficiary of the below l/c.

Table 1 : Letter of credit simulation for sample bill of exchange/draft























This is an unconfirmed letter of credit that requires an at sight draft drawn on issuing bank.

Figure 1 : Sample bill of exchange / draft

letterofcredit.biz is your gateway to International Trade Finance World designed & developed by a Certified Documentary Credit Specialist.
Sample Bill of Exchange:
On this page I will give an example of a "Bill of Exchange" application in a simulated letter of credit transaction. Please keep in mind that banks mention Bill of Exchange as "Bill of Exchange", or "Draft" in letter of credit texts. So bill of exchange and draft have equal meaning. 




Letter of Credit | About Us | Our Services | Contact | CDCS | Certified Documentary Credit Specialist |© 2009-2010 Letter of Credit Consultancy Services. All rights reserved. Best view with 1024 X 768 resolution. Privacy Policy |
Hi, my name is "Ozgur Eker" (CDCS). You can connect with me either via my contact form or Google Plus.
Letter of Credit Simulation
Issuing Bank 
Commerzbank AG D-60261 Frankfurt am Main GERMANY
Documentary Credit Number
LC304/3610/12IC
Applicant
Import Hause Herrengraben 54 20459 Hamburg GERMANY
Beneficiary
Export Handel Po Box 123 Amsterdam Holland
Currency Code/Amount
EUR100000
Available With ... By ...
ABNANL2A (ABN Amro Bank NV, AMSTERDAM BRANCH)...BY PAYMENT
Drafts at ...
SIGHT
Drawee
COBADEFF (Commerzbank AG, Frankfurt am Main BRANCH)
DRAFT/ BILL OF EXCHANGE


DRAWN UNDER LETTER OF CREDIT NO LC304/3610/12IC           ISSUED AT AMSTERDAM, ON 04.FEBRUARY.2013 
ISSUED BY COMMERZBANK AG FRANKFURT AM MAIN                 EUR 100,000.00. 
GERMANY.                                                                




AT SIGHT PLEASE PAY AGAINST THIS DRAFT TO THE ORDER OF OURSELVES THE SUM OF ONE HUNDRED THOUSAND EURO AND ZERO CENT ONLY.



Drawee:                                                               Drawer:                                  
COMMERZBANK AG,                                               EXPORT HANDEL NV 
FRANKFURT AM MAIN BRANCH                               PO BOX 123 AMSTERDAM
GERMANY                                                             HOLLAND
                                                                           (signature / stamp)