1. THIS STANDBY LETTER OF CREDIT IS IRREVOCABLE.

2. The thesis first reviews the definitions of a standby letter of credit given by the international government and America, and then concludes the definition.

3. This standby letter of credit is neither assignable nor transferable.

4. The standby letter of credit is quite different from bank guarantee and commercial documentary letter of credit in many aspects.

5. This standby letter of credit is available by sight payment.

6. This standby Letter of Credit is subject to ISP 98.

7. There are many settle accounts patterns in international trade, such as Open Account, Documentary Letter of Credit, Standby Letter of Credit, Letter of Guarantee, International Factoring, etc.

8. Compelled with the normal letter of credit and the letter of indemnity, the standby letter of credit is a kind of bank guarantee in the letter of credit form essentially.

9. OK, Eddy. So you'd prefer a trust fund to the standby letter of credit facility.

10. It points out the advantages and disadvantages of three guarantee forms widely used in forfaiting, i. e. aval , demand guarantee and standby letter of credit.