The Acceptance LC is a specialized form of Letter of Credit commonly used in international trade finance, particularly relevant under Qatar law where it must comply with both international banking standards and local regulations. This document is typically used when a seller requires a bank's guarantee of payment at a future date, creating a negotiable instrument in the form of a banker's acceptance. The Acceptance LC is particularly valuable in transactions requiring extended payment terms while maintaining security for the seller. The document must conform to Qatar's Commercial Code, Central Bank regulations, and where applicable, Islamic banking principles. It includes specific details about the acceptance terms, document requirements, and presentation conditions, while incorporating necessary provisions for compliance with Qatar's anti-money laundering regulations and financial center requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. LC Reference Number and Date: Unique identification number and issuance date of the LC
2. Issuing Bank Details: Complete name, address, and SWIFT code of the issuing bank
3. Beneficiary Details: Full name and address of the beneficiary (seller/exporter)
4. Applicant Details: Full name and address of the applicant (buyer/importer)
5. Currency and Amount: LC amount in figures and words, including currency specification
6. Acceptance Terms: Specific terms under which the bank agrees to accept the draft
7. Expiry Date and Place: Clear statement of when and where the LC expires
8. Document Presentation Terms: Required documents and timeline for presentation
9. Shipment Details: Information about goods, shipping terms, and latest shipment date
10. Authentication: Official bank signatures and authentication details
1. Transferability Clause: Include when the LC needs to be transferable to another beneficiary
2. Confirmation Instructions: Required when confirmation from another bank is requested
3. Revolving Terms: Include for revolving LCs that automatically renew
4. Red Clause: Include when advance payment to beneficiary is permitted
5. Islamic Banking Compliance: Required when the LC must comply with Shariah principles
6. Back-to-Back LC Terms: Include when the LC is part of a back-to-back arrangement
1. Document Requirements List: Detailed list of required documents and their specifications
2. Commercial Invoice Template: Prescribed format for the commercial invoice
3. Draft/Bill of Exchange Format: Template for the time draft to be presented for acceptance
4. Bank Authorization Forms: Required forms for bank processing and authorization
5. Compliance Certificates: Templates for required compliance and origin certificates
Find the exact document you need
Stand By Letter Of Credit
A Qatar law-governed banking instrument providing payment guarantee upon specified conditions, issued by a bank to secure commercial obligations.
Download
Letter Of Credit For Services
A Qatar-governed banking instrument that guarantees payment for services, subject to specified conditions and documentary requirements under local and international banking regulations.
Download
LC SBLC
A Qatar-law governed LC/SBLC document providing bank-guaranteed payment security in commercial transactions, compliant with local and international banking standards.
Download
Import Export Lc
A Qatar law-governed Letter of Credit document that provides bank-guaranteed payment security for international trade transactions, compliant with local banking regulations and UCP 600.
Download
Credit Card Noc Letter
A formal banking document issued under Qatari law confirming the complete settlement and closure of a credit card account, typically required for employment or immigration purposes.
Download
Negotiation Bank In Lc
A Qatar law-governed banking instrument that establishes terms for negotiating documentary credits in international trade transactions, combining local regulations with international banking standards.
Download
Negotiable Lc
A Qatar-law governed banking instrument that provides secure, negotiable payment guarantees for international trade transactions, following local regulations and UCP 600 guidelines.
Download
Letter Of Credit Discounting Charges
A Qatar-law governed document specifying terms, conditions, and charges for Letter of Credit discounting services provided by banking institutions in Qatar.
Download
Letter Of Credit Available With
A Qatar-governed Letter of Credit document specifying payment commitment terms and conditions under local regulations and UCP 600.
Download
Credit Card Clearance Letter
A formal document issued by Qatari banks confirming full settlement of credit card dues and account closure, compliant with Qatar Central Bank regulations.
Download
Freely Negotiable Letter Of Credit
A Qatar-law governed banking instrument that enables secure international trade payments through freely negotiable letters of credit, compliant with local and international banking standards.
Download
Time Letter Of Credit
A Qatar law-governed banking instrument that guarantees deferred payment to sellers in international trade, combining local regulations with UCP 600 standards.
Download
Transferable Lc At Sight
A Qatar law-governed financial instrument allowing immediate payment upon document presentation, with the ability to transfer rights to secondary beneficiaries.
Download
Secured Letter Of Credit
A Qatar-law governed banking instrument providing secured payment guarantees in international trade, backed by collateral and compliant with local banking regulations.
Download
Local Letter Of Credit
A Qatar-governed banking instrument providing payment security for domestic trade transactions, incorporating local regulatory requirements and banking practices.
Download
Letter Of Credit 30 Days
A Qatar-law governed Letter of Credit providing 30-day guaranteed payment terms for international trade transactions, compliant with local and UCP 600 regulations.
Download
Inland Letter Of Credit
A Qatar-governed banking instrument providing payment security for domestic trade transactions, issued by a local bank under Qatar's banking and commercial laws.
Download
Domestic Letter Of Credit
A Qatar-governed banking instrument that guarantees payment in domestic trade transactions, issued by a Qatari bank and regulated by Qatar Central Bank.
Download
Domestic Lc
A Qatar-governed financial instrument issued by a local bank guaranteeing payment in domestic trade transactions, compliant with Qatar Central Bank regulations and local commercial law.
Download
Discrepancy Letter Of Credit
A formal banking document under Qatar law that notifies beneficiaries of discrepancies in Letter of Credit documentation, outlining issues and resolution options.
Download
Credit Facility Letter To Customer
A formal letter issued by a Qatari bank offering credit facilities to a customer, detailing terms and conditions in compliance with Qatar Central Bank regulations.
Download
Business Letter Of Credit
A bank-issued guarantee document under Qatari law that ensures payment in international trade transactions, subject to compliance with specified terms and conditions.
Download
Trade Finance Letter Of Credit
A Qatar-governed banking instrument that guarantees payment in international trade transactions, combining local regulatory requirements with UCP 600 standards.
Download
Unconditional Letter Of Credit
A Qatar-law governed unconditional bank guarantee promising irrevocable payment to a beneficiary, subject to Qatar banking regulations and UCP 600.
Download
Transit Letter Of Credit
A Qatar-law governed banking instrument that facilitates secure payment for international trade transactions involving goods in transit through Qatar.
Download
Synthetic Letter Of Credit
A Qatar-law governed financial instrument combining traditional letter of credit features with synthetic/derivative elements, structured to comply with local banking regulations and international standards.
Download
Structured Letter Of Credit
A Qatar-law governed banking instrument providing structured payment commitment in international trade, combining local banking regulations with UCP 600 rules.
Download
Revolving Letter Of Credit
A Qatar law-governed banking instrument that automatically reinstates credit availability after use, subject to specified conditions and international banking standards.
Download
Reverse Letter Of Credit
A Qatar law-governed financial instrument where the buyer initiates a Letter of Credit issuance through their bank in favor of the seller, structured to comply with local and international banking standards.
Download
Restricted Letter Of Credit
A Qatar-law governed banking instrument that provides a secure payment method in international trade, restricting negotiation to specific nominated banks.
Download
Letter Of Credit Discrepancy Acceptance
A Qatari-law governed document used to formally accept discrepancies in Letter of Credit documentation, enabling the continuation of international trade transactions despite documentary inconsistencies.
Download
Letter Of Credit Balance Sheet
A Qatar-compliant financial document detailing Letter of Credit positions, exposures, and classifications in accordance with Qatar Central Bank regulations.
Download
Letter Of Credit Amendment
A Qatar law-governed document that modifies terms of an existing Letter of Credit, subject to Qatar Central Bank regulations and international banking practices.
Download
Irrevocable Revolving Letter Of Credit
A Qatar law-governed banking instrument providing an automatically renewable payment guarantee for recurring international trade transactions.
Download
International Letter Of Credit
A Qatar-law governed banking instrument that guarantees payment in international trade transactions, subject to document compliance under UCP 600 rules and local regulations.
Download
Electronic Letter Of Credit
Qatar-law governed Electronic Letter of Credit document providing bank-guaranteed payment security in international trade transactions.
Download
Divisible Letter Of Credit
A Qatar-law governed financial instrument that enables multiple partial drawings against a single letter of credit facility, subject to specified conditions and documentary requirements.
Download
Direct Letter Of Credit
A Qatari law-governed banking instrument where a bank directly guarantees payment to a beneficiary in international trade transactions, subject to document compliance.
Download
Credit Card Welcome Letter
A regulatory-compliant welcome letter for new credit card customers in Qatar, confirming card approval and outlining essential card information and terms.
Download
Credit Card Request Letter
A formal letter requesting a credit card from a Qatari bank or financial institution, complying with Qatar Central Bank regulations and local banking laws.
Download
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)