Definition Type: ComplexType
Name: LetterOfCredit
Namespace: http://www.fpml.org/2008/FpML-4-5
Containing Schema: fpml-loan-4-5.xsd
Abstract False
Documentation:
An unfunded borrowing in the form of a Letter of Credit.
Collapse XSD Schema Diagram:
Drilldown into evergreenOption Drilldown into fxTerms Drilldown into expiryDate Drilldown into effectiveDate Drilldown into amount Drilldown into originalAmount Drilldown into beneficiaryPartyName Drilldown into beneficiaryPartyReference Drilldown into borrowerPartyReference Drilldown into lcPurpose Drilldown into lcType Drilldown into lcSummaryXSD Diagram of LetterOfCredit
Collapse XSD Schema Code:
<xsd:complexType name="LetterOfCredit">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">An unfunded borrowing in the form of a Letter of Credit.</xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
        <xsd:element name="lcSummary" type="LcSummary">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A basic set of fields to identify an LC. Please note that the partyReference within the contract identifier should refer to the Issuing Bank.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="lcType" type="LcTypeEnum">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Defines the type of Letter of Credit that is issued.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="lcPurpose" type="LcPurposeEnum">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Defines the purpose of a Letter of Credit.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="borrowerPartyReference" type="PartyReference">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">There could be multiple borrowers against a loan contract however the agents have been trying to promote the concept of an administrative borrower. Hence, only one being shown in the field list.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:choice>
            <xsd:element name="beneficiaryPartyReference" type="PartyReference">
                <xsd:annotation>
                    <xsd:documentation xml:lang="en">A party reference of the beneficiary.</xsd:documentation>
                </xsd:annotation>
            </xsd:element>
            <xsd:element name="beneficiaryPartyName" type="xsd:string">
                <xsd:annotation>
                    <xsd:documentation xml:lang="en">A textual descriptor of the beneficiary.</xsd:documentation>
                </xsd:annotation>
            </xsd:element>
        </xsd:choice>
        <xsd:element name="originalAmount" type="Money">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Original amount associated with the LC.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="amount" type="Money">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">An amount associated with the letter of credit.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="effectiveDate" type="xsd:date">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Effective date of the loan contract. This is the date on which the funds are passed to the borrower.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="expiryDate" type="xsd:date">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Maturity date of the LC.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="fxTerms" type="FxTerms" minOccurs="0">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Defines FX exchange rate when loan contract and facility currencies are different.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="evergreenOption" type="LcEvergreenOption" minOccurs="0">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">An option allowing the borrower to extend the tenor of the LC.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
    </xsd:sequence>
</xsd:complexType>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
lcSummary fpml:lcSummary (1) (1)
lcType fpml:lcType (1) (1)
lcPurpose fpml:lcPurpose (1) (1)
borrowerPartyReference fpml:borrowerPartyReference (1) (1)
beneficiaryPartyReference fpml:beneficiaryPartyReference (1) (1)
beneficiaryPartyName fpml:beneficiaryPartyName (1) (1)
originalAmount fpml:originalAmount (1) (1)
amount fpml:amount (1) (1)
effectiveDate fpml:effectiveDate (1) (1)
expiryDate fpml:expiryDate (1) (1)
fxTerms fpml:fxTerms 0 (1)
evergreenOption fpml:evergreenOption 0 (1)
Collapse Derivation Tree:
Collapse References:
fpml:letterOfCreditfpml:postLc, fpml:priorLc,
Collapse Comments:
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