When contacting your bank to establish an irrevocable Letter of Credit in our favour please instruct them to open the Documentary Credit in the following format:
The documentary credit is to be irrevocable, confirmed advised by any international bank in the UK, preferably:
- Standard Chartered
- Citibank
- Deutsche Bank
- Lloyds TSB
1. Our bank details are:
Lloyds TSB Bank Plc
International Operations Centre
PO Box 63
Birmingham BA1 2AB
Telex: 888301 & 883474
Swift: LOYDGB2L
2. The credit is to be established in favour of:
Gentec Energy Plc
Unit 7 Chancerygate Close
Stonefield Way
South Ruislip
Middx HA4 0JS
UK
3. Available by negotiation at sight
4. The value of the Documentary Credit to be as per our proforma
5. Presentation Period for Documents – Minimum 21 days but within LC validity
6. Shipment to be from ANY UK PORT
Adhering to the above terms when opening an LC will save time and money on amendments.
