Letter of Credit Bond Application


M/s. _________
Address:  _________

The owner agent or master of the _________

Goods             :   _________
Bill of loading No.     : _________
Invoice No. & date     : _________
Value             : _________
Qty            : _________
Mark            : _________
Loading Port         : _________
Discharge port         : _________

The above cargo were shipped on the above vessel _________ and consigned to order, but the bill of loading has not yet arrived.

We hereby request you to give delivery of the said cargo to _________, in accordance with our request.

1.    To indemnify you, your servants and agents and to hold all of you harmless in respect of any liability Loss, clamage or expense of whatsoever nature which you may sustain by reason of delivering the cargo to _________, accordance with our request.
2.    In the event of any proceeding being commenced against you or any of your servants or agents in connection with the delivery. The cargo as aforesaid, to provide you or them on demand with sufficient funds to defend the same.
3.    If called upon to do so at any time while the goods are in our custody, possession or control to delivery the same to you.
4.    To produce and deliver to you the Bills of lading for the above goods duly endorsed as soon as documents shall have arrived.
5.    The liability of each and every person under this indemnity shall be joint and several and shall not be conditional upon you proceeding first against whether of not such person is a party to or liable under this indemnity.
6.    To produce the original bills of Lading within _________ days from the date of issue of this Bond.
7.    The Bank Guarantee is valid for _________ months/year from the date of issue of this bond.
8.    This indemnify shall be constructed in accordance with _________ Law and each and every person liable under this indemnity shall at your request submit to the jurisdiction of the _________ Court of _________.
9.    Shipment against L/C No.

Yours faithfully,

For __________________