Definition Type: ComplexType
Name: LetterOfCredit
Namespace: http://www.fpml.org/2008/FpML-4-5
Containing Schema: fpml-loan-4-5.xsd
Abstract
Documentation:
An unfunded borrowing in the form of a Letter of Credit.
Collapse XSD Schema Diagram:
Drilldown into evergreenOption in schema fpml-loan-4-5_xsd Drilldown into fxTerms in schema fpml-loan-4-5_xsd Drilldown into expiryDate in schema fpml-loan-4-5_xsd Drilldown into effectiveDate in schema fpml-loan-4-5_xsd Drilldown into amount in schema fpml-loan-4-5_xsd Drilldown into originalAmount in schema fpml-loan-4-5_xsd Drilldown into beneficiaryPartyName in schema fpml-loan-4-5_xsd Drilldown into beneficiaryPartyReference in schema fpml-loan-4-5_xsd Drilldown into borrowerPartyReference in schema fpml-loan-4-5_xsd Drilldown into lcPurpose in schema fpml-loan-4-5_xsd Drilldown into lcType in schema fpml-loan-4-5_xsd Drilldown into lcSummary in schema fpml-loan-4-5_xsdXSD Diagram of LetterOfCredit in schema fpml-loan-4-5_xsd (Financial products Markup Language (FpML®))
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,