DSCA Policy Memo 23-13, Bank Letter of Credit has been posted.

Effective immediately, this memorandum establishes policy for implementing Bank Letters of Credit (BLOC) on Letters of Offer and Acceptance (LOAs) for eligible Foreign Military Sales (FMS) partners that request the use of a Letter of Credit (LC).

This memo adds C9.7.1.2. Bank Letter of Credit. (and subsections) and updates Table C5.T3. Letter of Request Actionable Criteria - Row 9.