Document Acceptance Against letter of credit (LC)

Sample Leter format to bank for Acceptance of bill of lading in word / doc 

March 18, 2013

State Bank of India,

Corporate Accounts Group Branch,

Voltas House,

23, J.N.Heredia Marg,

Ballard Estate,

Mumbai – 400 001.

Dear Sirs,

Sub:- Acceptance of Documents under L/C No. --------------------------     Your Reference No. --------------

This has reference to the documents of M/s. Name , (Address), negotiated under the above L/C for Rs. 20,00,00,000/- (Rupees Twenty Crores), at an interest for usance  period claimed at 9.00% p.a. .

We here by authorise you to debit our account --------------- with you on due date i.e.  11/09/2013 against the documents of M/s. Name , (Address), negotiated under the above L/C Rs. 20,00,00,000/- (Rupees Twenty Crores), at an interest for usance  period claimed at 9.00% p.a. .

The discrepancies pointed out by you are acceptable to us.  We hereby authorize you to confirm the acceptance of the said bills to the negotiating Banker and arrange to hand over the original documents to the bearer of this letter and oblige. 

Thanking you,

Yours faithfully,

For ROCKET SALES CORPORATION LIMITED

AUTHORISED SIGNATORIES