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Commercial Documentary Credits

 

These are the type of letters of credit that used in commercial purposes and mostly subject to the latest version of UCP (Uniform Customs and Practice for Documentary Credits). They can be divided into two sub-categories: export letters of credit and import letters of credit. Actually, these categorizations are only made according to which side you are standing at the transaction because an export letter of credit is also an import letter of credit for the counterpart.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Export Letters of Credits  

       *   Risk evaluation prior to LC openings

       *   Consulting exporters through LC opening negotiations

       *   Risk evaluation of existing letters of credit for risky points

       *   Consulting exporters preparing the documents for complying presentation

                   

  • Import Letters of Credits

          *   Risk evaluation prior to LC openings

          *   Consulting importers through LC opening negotiations

          *   Consulting importers during the LC process

 

 

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