SPECIMEN - STANDBY LETTER OF CREDIT To: ……………………… Bank SWIFT code: From: ………………… Bank Address:…………………… SWIFT BIC: …………………. Quote: Issuing bank: ………………. Bank Applicant: Beneficiary: Address: Standby Letter of Credit No.: Date of Issue: Date of Maturity: Date of Expiry: Amount: US Dollars …………… Million Only (USD………,000,000.00) At the request and for account of ……………………………… (LC Applicant), we, …………………… Bank, of………………………… (Address): hereby issue our irrevocable Standby Letter of Credit no. _____ in favour of ……………………………… , with an aggregate amount up to USD….000,000.00 (Say United States Dollars ……… Million Only) due on 366 days from the date of issue, _______. Payment is available upon beneficiary’s first written demand via authenticated swift/ telex hereunder must be marked “ Drawn under Standby Letter of Credit no. _____, dated ______. ” We engage with you that the demand under and in compliance with the terms of this Standby Letter of Credit shall be duly honored upon presentation to us. This Standby L/C is subject to the Uniform Customs and Practice for Bank Credit instrument in accordance with the International Chamber of Commerce (ICC) Publication no.500 (Latest Edition) This standby letter of credit is an operative instrument and no mail confirmation will follow. Best regards (Signed) ____________________________ __________________________ Bank Officer: Bank Officer: Title: Title: I. D.: I. D.: