Information |
Meaning |
Account |
your current account number. |
LC Short Description |
Brief description of the LC without excessive details. |
LC Type |
Type of LC (Sight, acceptance,…) |
Branch No. |
Alrajhi branch through which LC to be issued |
Beneficiary Name |
Name of the beneficiary |
Address |
Address of the beneficiary |
Applicant's Name and Address |
Your company name and address |
Advising Bank's Name and Address |
The bank to which the LC document to be presented |
Transshipment |
Allow Change of transportation means (vessel/ships...) |
Part Shipment |
Allow shipment of goods in more than one lot |
Shipment from |
Port of shipment |
Shipment to |
Port of destination |
Last shipment date |
Last date for shipment |
LC currency |
The type of currency (SAR, USD,…) of the LC |
LC amount |
The amount of the LC |
Presentation period |
Period from shipment to presenting of documents to the bank |
Confirmation required |
Whether the LC need to be confirmed from other bank |
Expiry place |
Place to present the document |
Expiry date |
Last date of presenting the documents |
Available by |
Tenure of the LC (by sight, acceptance,..) |
Beneficiaries draft at |
Means of payment |
Drawn on |
Bearer of the beneficiary draft( applicant, bank,..) |
Revocable |
Allow cancellation of LC before shipment |
Transferable |
Allow transferring the LC to other beneficiary. |
Transport Document |
Shipment documents |
Documents required |
All LC documents required by the applicants from the beneficiary. |
Description of Goods |
Brief description of goods without excessive details. |
Who will pay charges in Saudi? |
Bearer of other expenses of the LC inside Saudi Arabia |
Who will pay charges outside Saudi? |
Bearer of other expenses of the LC outside Saudi Arabia |