Get Application For Irrevocable Documentary Credit - Maybank

Filling out the Application For Irrevocable Documentary Credit with Maybank is a straightforward process that ensures your request for documentary credit is processed efficiently. This guide will provide clear instructions on how to complete the form online, ensuring accuracy and completeness.

Follow the steps to complete your application successfully.

1. Press the ‘Get Form’ button to obtain the application form and open it in your preferred editor.
2. Enter the date of the application in the format dd/mm/yyyy.
3. Select the branch by clicking on the drop-down menu and choosing the appropriate option.
4. Fill in the applicant's name and address, ensuring all details are accurate.
5. Provide the beneficiary's name and address, including their contact person, phone number, email address, and fax number.
6. Input the advising bank's name and address.
7. Set the expiry date of the credit in dd/mm/yyyy format.
8. Specify the place of expiry, which should be the country of the beneficiary.
9. Enter the Master DC Number if applicable, which is only necessary for transferable documentary credits.
10. Indicate how the credit will be issued, choosing between teletransmission or with brief advice.
11. Choose whether the credit is to be transferable by selecting 'Yes' or 'No'.
12. Fill in the currency and amount, both in figures and in words.
13. Define the allowance of variance percentage and whether partial shipments are allowed.
14. Input the latest shipment date in dd/mm/yyyy format.
15. Select the method of credit availability, including options like sight or deferred payment.
16. Indicate if insurance will be covered, selecting the applicable Incoterms.
17. Provide detailed transportation details including dispatch and destination ports.
18. Describe the goods accurately.
19. List the required documents, specifying originals and copies.
20. Detail the insurance policy requirements and any additional clauses.
21. State the timeframe within which documents must be presented.
22. Mention any parties to be notified regarding transport documents.
23. Add any additional instructions or conditions that may apply.
24. Authorize bank charges debiting the specified bank account for the trade service.
25. Complete the applicant's authorization and declaration, agreeing to terms and conditions.
26. Include authorized signatories' details and company stamp where required.
27. Once the form is filled, ensure to save your changes, download the document, print it, or share as needed.

Start your application process today by completing the form online.