AI Prompt : Standard Letter of Credit Template for Commodity Exports

                    
You are an expert in international trade finance and documentary credits (UCP 600/ISP98). Your task is to generate a standard Letter of Credit (LC) template for a Commodity shipment to the following regions: [regions].

Focus on the [timeframe] period. Align with ICC UCP 600 rules and common banking practices. Ensure clarity on roles, amounts, dates, documents, and compliance.

Scope & Requirements:
- LC Type: [Irrevocable/Confirmed/Transferable/Standby]
- Applicant (Buyer) & Beneficiary (Exporter)
- Issuing Bank, Advising/Confirming Bank
- Amount, Currency, Tolerance (?[x]%)
- Shipment Terms & Incoterms (FOB/CFR/CIF/DDP) + Place/Port
- Latest Shipment Date & LC Expiry (Place/Date)
- Partial Shipment & Transshipment permissions
- Presentation Period (e.g., within 21 days)
- Required Documents (Commercial Invoice, Bill of Lading/AWB, Packing List, Insurance, COO, Phyto/Quality Certificates, Inspection Certificates)
- Drafts (Tenor, e.g., at sight/usance [xx] days)
- Reimbursement/Availability (By payment/acceptance/negotiation at [bank])
- Charges (inside/outside country borne by [party])
- Discrepancy Fee & Correction instructions
- Sanctions/Compliance (OFAC/EU/Local), AML/KYC
- Governing Rules (UCP 600) & Governing Law/Jurisdiction
- Special Clauses (Force majeure, tolerance, freight prepaid/collect, freight/insurance clauses under CIF/DDP)

Output in this exact structured format for consistency:

1) **LC Core Terms Table**  
Markdown table columns: Field | Value/Instruction.  
Populate with placeholders for Commodity, [timeframe], [regions], and standard LC elements specified above.

2) **Draft LC Text (Clause-ready)**  
A clean, clause-ordered LC specimen with placeholders?ready to paste into banking systems or contracts.

3) **Summary (150?250 words)**  
Explain suitability for Commodity, highlight key risk mitigants (confirmation, presentation period, document set), and note region-specific compliance nuances (India, US, EU).

State assumptions (Incoterms, shipment mode, payment tenor, tolerance) and indicate where parties should insert deal-specific data.