MississaugaPlanning ApplicationsSite Plan
Irrevocable (or Irrevocable Standby) Letter of Credit
Published by City of Mississauga
This is the City of Mississauga’s document, as published on its website on 19 October 2026. The municipality may have changed it since: check the current version at the source. Legal notice
- Type
- Form
- Published by
- City of Mississauga
- Also called
- Letter of Credit Template
- For
- owner
- Building types
- All building types
- Pages
- 2
- Instruments
- Uniform Customs and Practice for Documentary Credits (2007 Revision), ICC Publication No. 600
Overview
The City of Mississauga's draft format for an irrevocable or irrevocable standby letter of credit, laid out for a bank's letterhead, with the City of Mississauga as beneficiary. It provides wording for drawing on demand, automatic one-year renewal unless the bank gives thirty days' notice, partial drawings, and ICC Publication No. 600. A second page, Letters of Credit Format notes, covers Schedule 1 and Schedule 2 banks rated R-1, accepted alternatives such as certified cheques, and the paragraph wording for Transportation and Works and for site plan securities.
What it covers
- Letters of Credit Format
- Notes
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