The Lease Letter of Credit is commonly used in Swiss commercial property transactions where landlords require additional security beyond traditional deposits. This document is particularly relevant when tenants prefer to maintain liquidity rather than tie up funds in a rental deposit account. The Lease Letter of Credit provides landlords with a secure, bank-backed guarantee while offering tenants a more flexible financial solution. Under Swiss law, this instrument must comply with both banking regulations and tenancy law requirements, particularly regarding the maximum security amount and draw conditions. The document typically includes specific provisions about the property, lease terms, drawing conditions, and expiry arrangements, all structured within the framework of Swiss commercial law and banking practices.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Issuing Bank Details: Full name and contact details of the issuing bank
2. Beneficiary Details: Complete details of the landlord/lessor as beneficiary
3. Applicant Details: Complete details of the tenant/lessee as applicant
4. Letter of Credit Number: Unique identification number of the LC
5. Amount and Currency: Specified amount and currency of the Letter of Credit
6. Expiry Date: Clear statement of the LC's expiry date and place
7. Lease Reference: Reference to the underlying lease agreement
8. Drawing Terms: Conditions under which the beneficiary can draw on the LC
9. Required Documents: List of documents required for drawing on the LC
10. Partial Drawings: Statement whether partial drawings are allowed
11. Governing Law: Specification of Swiss law as governing law
1. Transfer Rights: Include when the LC needs to be transferable to another beneficiary
2. Auto-Extension Clause: Include when the LC should automatically extend beyond its initial expiry
3. Multiple Currency Options: Include when payments can be made in different currencies
4. Special Drawing Conditions: Include when there are specific lease-related conditions for drawing
5. Bank-to-Bank Instructions: Include when involving corresponding banks or specific banking channels
1. Property Details Schedule: Details of the leased property securing the LC
2. Payment Schedule: Schedule of lease payments covered by the LC
3. Required Documents Format: Format and templates of documents required for drawing
4. Bank's Standard Terms: Standard terms and conditions of the issuing bank
5. Communication Procedures: Procedures for communications between parties
Relevant legal definitions
Clauses
Relevant Industries
Banking & Financial Services
Real Estate
Commercial Property
Retail
Manufacturing
Professional Services
Technology
Healthcare
Hospitality
Industrial
Logistics & Warehousing
Relevant Teams
Legal
Finance
Treasury
Real Estate
Facilities Management
Risk Management
Compliance
Corporate Services
Banking Operations
Relevant Roles
Chief Financial Officer
Treasury Manager
Real Estate Manager
Property Manager
Facility Manager
Legal Counsel
Banking Relationship Manager
Commercial Lease Manager
Risk Manager
Corporate Real Estate Director
Finance Director
Compliance Officer
Bank Operations Manager
Find the exact document you need
Lc Document
A Swiss law-governed Letter of Credit document providing bank payment guarantee in international trade transactions, combining Swiss banking reliability with international standards.
find out more
Letter Of Credit In International Trade
A Swiss-law governed Letter of Credit providing secure payment mechanism for international trade transactions, backed by Switzerland's robust banking framework and UCP 600 guidelines.
find out more
Letter Of Credit For Services
A Swiss-law governed banking instrument that provides payment security for service-based transactions through an irrevocable bank commitment.
find out more
Lc Sight And Usance
A Swiss law-governed Letter of Credit document establishing terms for sight and usance payments in international trade, providing bank payment guarantee under UCP 600 rules.
find out more
Lc Facility
A Swiss law-governed agreement establishing terms for issuing letters of credit by banks, incorporating both Swiss banking regulations and international banking practices.
find out more
Lc At Sight 90 Days
A Swiss law-governed Letter of Credit combining sight payment terms with a 90-day deferred payment period, providing secure trade finance with payment flexibility.
find out more
Import Export Letter Of Credit
A Swiss-law governed Letter of Credit document that facilitates secure international trade transactions through bank-guaranteed payment commitments.
find out more
Standby Guarantee
A Swiss law-governed bank guarantee instrument providing independent payment security upon documented default of underlying obligations.
find out more
Import Export Lc
A Swiss law-governed Letter of Credit agreement that establishes terms for secured international trade payments through banking channels.
find out more
180 Days Usance Lc
A Swiss law-governed Letter of Credit providing 180-day deferred payment terms, ensuring secure international trade transactions while complying with Swiss banking regulations and UCP 600.
find out more
Letter Of Credit Amount
A Swiss-law governed document specifying the amount and terms of a letter of credit, following UCP 600 and Swiss banking regulations.
find out more
Guarantee Letter Of Credit
A Swiss law-governed bank guarantee document that provides financial security in commercial transactions through an irrevocable payment commitment from a Swiss bank.
find out more
Banker's Usance Lc
A Swiss law-governed Letter of Credit providing deferred payment terms in international trade, combining local banking regulations with UCP 600 rules.
find out more
Negotiation Bank In Lc
Swiss law-governed agreement setting out terms for Letter of Credit negotiation services by a Swiss bank, incorporating UCP 600 and local banking regulations.
find out more
Irrevocable Non Transferable Letter Of Credit
A Swiss-law governed banking instrument providing an irrevocable and non-transferable payment guarantee in international trade, backed by Switzerland's robust banking regulations.
find out more
Freely Negotiable Letter Of Credit
A Swiss law-governed banking instrument that provides secured payment in international trade, allowing for negotiation at any bank worldwide under UCP 600 rules.
find out more
Secured Letter Of Credit
A Swiss law-governed banking instrument combining letter of credit features with security arrangements, providing enhanced protection through collateral while facilitating international trade.
find out more
Red Letter Of Credit
A Swiss-law governed Red Letter of Credit providing enhanced payment security in international trade transactions, incorporating specific Swiss banking regulations and UCP 600 requirements.
find out more
Recourse Letter Of Credit
A Swiss law-governed financial instrument providing payment security in international trade with bank's recourse rights against the applicant.
find out more
Non Operative Letter Of Credit
A Swiss law-governed banking instrument providing conditional payment guarantee in international trade, incorporating UCP 600 guidelines and Swiss banking regulations.
find out more
Letter Of Credit 60 Days
A Swiss law-governed Letter of Credit providing 60-day deferred payment terms for international trade transactions, incorporating UCP 600 rules.
find out more
Letter Of Credit 30 Days
A Swiss law-governed Letter of Credit providing 30-day deferred payment terms, serving as a bank's irrevocable commitment to pay in international trade transactions.
find out more
Installment Letter Of Credit
A Swiss law-governed banking instrument that provides for scheduled installment payments against documentary compliance, commonly used in international trade finance.
find out more
Green Letter Of Credit
A Swiss law-governed letter of credit that combines traditional trade finance with environmental and sustainability requirements.
find out more
Domestic Letter Of Credit
A Swiss-law governed financial instrument providing payment guarantee for domestic trade transactions within Switzerland, issued by Swiss banks under local banking regulations.
find out more
Digital Letter Of Credit
A Swiss law-governed digital financial instrument providing secure payment guarantees in international trade, incorporating electronic documentation and digital authentication requirements.
find out more
Beneficiary In Letter Of Credit
A Swiss law-governed document used by beneficiaries to formally present documents and claim payment under a letter of credit, incorporating necessary declarations and payment instructions.
find out more
Unsecured Letter Of Credit
A Swiss law-governed banking instrument providing an unsecured payment guarantee from a bank to a beneficiary, based on the applicant's creditworthiness.
find out more
Unrestricted Letter Of Credit
A Swiss law-governed banking instrument providing secure payment guarantee in international trade transactions, subject to document compliance.
find out more
Unconditional Letter Of Credit
A Swiss law-governed unconditional bank guarantee of payment in international trade, providing irrevocable payment commitment upon document presentation.
find out more
Synthetic Letter Of Credit
A Swiss law-governed financial instrument combining traditional letter of credit features with synthetic elements, establishing terms for contingent payment obligations and synthetic settlement mechanisms.
find out more
Syndicated Letter Of Credit
Swiss law-governed syndicated letter of credit agreement establishing terms for multiple banks to issue letters of credit, incorporating Swiss banking regulations and UCP 600.
find out more
Structured Letter Of Credit
A Swiss law-governed banking instrument that provides structured payment security in international trade transactions, combining local regulatory compliance with international standards.
find out more
Revolving Letter Of Credit
A Swiss law-governed Revolving Letter of Credit document establishing terms for a renewable trade finance facility with automatic reinstatement provisions.
find out more
Reverse Letter Of Credit
A Swiss law-governed banking instrument that provides payment security in commercial transactions, where the buyer is typically the beneficiary rather than the seller.
find out more
Outstanding Letter Of Credit
A Swiss law-governed bank guarantee document that ensures secure payment in international trade transactions, subject to presentation of compliant documents.
find out more
Operative Letter Of Credit
A Swiss-law governed banking instrument providing payment security in international trade, issued by a Swiss bank under UCP 600 guidelines.
find out more
Non Recourse Sblc
Swiss law-governed Non-Recourse Standby Letter of Credit agreement establishing independent payment guarantee with non-recourse provisions between bank, applicant, and beneficiary.
find out more
Non Negotiable Letter Of Credit
A Swiss law-governed banking instrument providing payment security in international trade, combining local banking regulations with UCP 600 principles.
find out more
Negotiable Letter Of Credit
A Swiss law-governed Negotiable Letter of Credit providing secure, negotiable payment guarantee for international trade transactions, combining Swiss banking regulations with international standards.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)