Join Now
Browse Template

Correspondence between Exporter and Importer

Bank Reply to Buyer's Instruction of Documentary Credit

This document can be used as a template for the bank to reply to the instruction of the buyer to open documentary credit. It sets out the details of the credit set up. 

How to Tailor the Document for Your Need?


Create Document

Click "Create Document" button and the document will be prepared with your account details automatically filled in.


Fill Information

Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.


Get Document

When you are done, click the "Get Document" button and you can download the document in Word or PDF format.


Review Document

Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.

Document Preview

Document Description

The document titled 'Correspondence between Exporter and Importer' is an important communication tool between an exporter and an importer. It serves as a means to establish and maintain a professional relationship between the two parties involved in international trade.


The entire document consists of a letter format and includes various sections. The first section is the account information, which includes the first name, last name, job title, and address of the account holder. This information helps in identifying the sender and recipient of the correspondence.


The next section is the date, which indicates the current date when the letter is being written. This helps in establishing a timeline for the communication and provides a reference point for future correspondence.


The salutation follows the date, where the sender addresses the recipient as 'dear sir/madam.' This is a formal and respectful way of addressing the recipient and sets the tone for the rest of the letter.


The main body of the letter consists of the content provided by the sender. In this case, the sender mentions that they are arranging to open a documentary credit with their branch in a specific location in favor of the supplier. They enclose a copy of their instruction for opening the credit and request the recipient to review it for accuracy.


The sender also mentions that as soon as the credits are used, they will debit the recipient's account with the notified amount. They assure the recipient that they will take all necessary steps to ensure the proper execution of their instructions. However, they also clarify that they cannot be held responsible for the safety of the goods or any delays in delivery, as these factors are beyond their control.


The letter concludes with a closing phrase, 'yours faithfully,' followed by the account holder's first name, last name, and job title. This signifies the sender's commitment to fulfilling their responsibilities and maintaining a professional relationship with the recipient.


Each section of the document serves a specific purpose, from providing identification and contact information to conveying important instructions and disclaimers. The document plays a crucial role in facilitating smooth communication and ensuring clarity between the exporter and importer.

How to use this document?

Guidance for using the 'Correspondence between Exporter and Importer' document:


1. Fill in the account information: Enter the first name, last name, job title, and address of the account holder in the designated fields. This information is essential for identification purposes.


2. Specify the date: Replace 'current date' with the actual date when the letter is being written. This helps in establishing a timeline for the communication.


3. Address the recipient: Replace 'dear sir/madam' with the appropriate salutation based on the recipient's gender and title. This sets the tone for the letter and shows respect towards the recipient.


4. Customize the main body: Modify the content of the letter according to the specific instructions and requirements of the communication. Provide accurate details regarding the arrangement of a documentary credit and any other relevant information.


5. Review and verify: Double-check the entire document to ensure that all the information provided is accurate and complete. Pay attention to details such as account numbers, dates, and instructions.


6. Sign off appropriately: Replace 'account first name account last nameaccount job title' with the actual first name, last name, and job title of the account holder. This adds a personal touch to the letter and signifies the sender's commitment.


7. Keep a copy: Make sure to keep a copy of the completed document for your records. This will serve as a reference in case of any future disputes or clarifications.


8. Follow up if necessary: If there are any specific actions or responses expected from the recipient, monitor the progress and follow up accordingly. Maintain open lines of communication to ensure a smooth exchange of information and resolution of any issues.


By following these steps, you can effectively use the 'Correspondence between Exporter and Importer' document to establish and maintain a professional relationship with your trading partner and ensure clear and accurate communication throughout the process.

Related Documents