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List of Instructions for Setting Up a Standby Letter of Credit
Use this standby letter of credit sample to get setup with a customer who needs a letter of credit. The form communicates the company's requirements for opening a standby letter of credit.
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Editor · Highako Academy
Highako.com is a video-first micro-learning platform trusted by over 10,000+ Credit and Collections professionals. Leverage Highako to drive skill growth with role-specific expert video lessons, and hands-on assessments. Connect and collaborate with the largest credit community and get access to ready-to-use templates.

This is a form to give to any customer that needs a letter of credit (L/C) to get set up with them.

 

This is a form that Zippo uses to give to any customer that needs a letter of credit (L/C) to get set up with them. The form communicates Zippo’s requirements for a customer opening a standby letter of credit with them and helps guide the customer through the process.

The sales department has copies of the form and either credit or sales sends or faxes the form to the customer. The customer reviews it and takes it to their bank.

Page 2 of this form is a "Suggested Standby L/C Form"

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List of Instructions for Setting Up a Standby Letter of Credit

Use this standby letter of credit sample to get setup with a customer who needs a letter of credit. The form communicates the company's requirements for opening a standby letter of credit.

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About this course

description
lessonOverview

This is a form to give to any customer that needs a letter of credit (L/C) to get set up with them.

 

This is a form that Zippo uses to give to any customer that needs a letter of credit (L/C) to get set up with them. The form communicates Zippo’s requirements for a customer opening a standby letter of credit with them and helps guide the customer through the process.

The sales department has copies of the form and either credit or sales sends or faxes the form to the customer. The customer reviews it and takes it to their bank.

Page 2 of this form is a "Suggested Standby L/C Form"
instructor
name title image description Ins
Editor Highako Academy Highako.com is a video-first micro-learning platform trusted by over 10,000+ Credit and Collections professionals. Leverage Highako to drive skill growth with role-specific expert video lessons, and hands-on assessments. Connect and collaborate with the largest credit community and get access to ready-to-use templates.  
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About this course

description
lessonOverview

This is a form to give to any customer that needs a letter of credit (L/C) to get set up with them.

 

This is a form that Zippo uses to give to any customer that needs a letter of credit (L/C) to get set up with them. The form communicates Zippo’s requirements for a customer opening a standby letter of credit with them and helps guide the customer through the process.

The sales department has copies of the form and either credit or sales sends or faxes the form to the customer. The customer reviews it and takes it to their bank.

Page 2 of this form is a "Suggested Standby L/C Form"
instructor
name title image description Ins
Editor Highako Academy Highako.com is a video-first micro-learning platform trusted by over 10,000+ Credit and Collections professionals. Leverage Highako to drive skill growth with role-specific expert video lessons, and hands-on assessments. Connect and collaborate with the largest credit community and get access to ready-to-use templates.  
related
image tag title description link contentType
KPIs and Reporting A Letter Detailing Slowing of Payment From a Customer This letter can be sent to correct the slowing of payment from the customer https://academy.highako.com/letter-detailing-slowing-payment-from-customer  
Deductions Resolution Creating Collection Letters in Microsoft Dynamics D365 Do you spend a lot of time writing collection letters for your late paying customers? Now you don't have to. D365 offers you different templates for your different types of customers based on your dunning strategies. https://academy.highako.com/creating-collection-letters-in-microsoft-dynamics-d365-course