DOCUMENTARY LETTER OF CREDIT MANAGEMENT
the Support letter of credit management service we provide you, as a finance, sales, or operations Executive, is to mitigate the letter of credit risk while creating your letter of credit documents and getting you paid..
Our involvement starts from the ‘get-go’. As soon as you know that a payment will be made with a Letter of Credit, we can with assist you with the tools you need to provide to your Buyer to open Documentary Letter of Credit with terms and Documents that reflect the INCOTERMS you have selected or negotiated for payment.
From there, we are with you to read the Letter of Credit Language, provide you with the Letter of Credit Risk Analysis, a thorough report of what is a potential area of risk, general options you may have, what changes you may want to make, and what to look for from your logistics team.
We work with your vendors to book the right vessel, create or check their air way bill or ocean bill of lading drafts to ensure that the transport document will meet the Letter of Credit or if we are your Freight Forwarder, complete these Letter of Credit Compliant Documents ourselves. Then we will create all of the documents required by the LC and get with the required third parties to ensure their work meets the Letter of Credit, UCP and ISBP requirements. We will follow the LC from issuance, Shipping to Presentation and Payment.