Get Mt700

Filling out the Mt700 form is essential for issuing a documentary credit. This guide will help you navigate the form digitally, ensuring accuracy and compliance with the necessary requirements.

Follow the steps to complete the Mt700 form online.

1. Click ‘Get Form’ button to obtain the form and open it in your browser.
2. In section 27, enter the sequence of total as 1/1 if this is the only Mt700 being issued.
3. Fill out 40A for the form of documentary credit, marking it as irrevocable.
4. In field 20, input your unique documentary credit number (e.g., DC XXXXX).
5. In section 31C, provide the date of issue in the format YY/MM/DD.
6. Specify the applicable rules in field 40E; use UCP latest version.
7. Complete section 31D by entering the date and place of expiry using the format YY/MM/DD followed by the location.
8. Input the applicant's information in section 50.
9. Fill out section 52A with the details of the applicant's bank, including the address.
10. Enter the beneficiary name and address in section 59.
11. Complete section 57D with the beneficiary bank's information.
12. In section 32B, indicate the currency code and amount (e.g., EUR/USD XXXXX).
13. Fill in the credit amount tolerances in section 39A and the maximum credit amount in 39B.
14. Specify in 41A the details of where the credit is available and the negotiation terms.
15. Provide the drawn instructions in section 42C and the name and address of the drawee in 42D.
16. Fill in section 43P to indicate whether partial shipments are allowed.
17. Complete section 43T for transshipment details.
18. Continue filling out sections 44A through 46A by providing the relevant descriptions and required documents.
19. In section 47A, outline any additional conditions that may apply.
20. For confirmation instructions, detail as necessary in section 49.
21. Finally, check all your input for accuracy, save your changes, and then choose to download, print, or share the completed form as needed.

Complete your Mt700 form online today to ensure timely processing and compliance.