Documentation Settlement Service forwarders Documentation Preparation Under L/C SHT supply chain reminds customers that although the preparation documents under L/C is complex, It is a bridge of trust between us which can promote a better cooperation. Below that SHT supply chain will briefly describe the documentation preparation under L/C in international trading that you need to know. Document: THE LETTER OF CREDIT Ensure: it is the correct referenced letter of credit and it is still valid (not expired/canceled) Document: THE DRAFT OR BILL OF EXCHANGE Ensure: 1.The draft bears the correct letter of credit reference number 2. The draft has a current date and signature 3. It is drawn on the drawee. 4. The name of the payee is identified Document: THE COMMERCIAL INVOICE OR TRADE INVOICE Ensure: 1. It is issued by the Beneficiary of the letter of credit 2. It is not titled "pro-forma" or "provisional" invoice 3. The description of the goods should corresponds 4. Currency of the invoice is the same as that of the letter of credit 5. Value of the invoice does not exceed the available balance of the letter of credit 6. Correct number of originals and copies are presented Document: CERTIFICATE OF ORIGIN Ensure: 1. It is a unique document and not combined with any other document 2. The country of origin is specified, and that it meets the requirements of the letter of credit Document: PACKING LIST Ensure: A detailed packing list requires a listing of the contents of each package, carton, etc. and other relevant information Document: INSPECTION CERTIFICATE Ensure: 1. It is signed 2. It contains no detrimental statement as to the goods, specifications, quality, packaging, etc. unless authorized by the letter of credit Document: INSURANCE DOCUMENT Ensure: 1. Full set of the insurance documents issued is presented 2. It is issued and signed by the insurance company, the underwriter or their agents 3. Goods description corresponds with that of the invoice 4. Covers the specified risks as stated in the letter of credit and that the risks are clearly defined 5. Marks and numbers, etc. correspond with those of the transport document Document: TRANSPORT DOCUMENT Ensure: 1. Full set of originals issued is presented 2. Name of the consignee is as required 3. The name and address, if any, of the notifying party is as required 4. The description of the goods generally corresponds to the description and that the marks and numbers as well as other specification 5. There are no clauses on the transport document that may render it "foul" or "unclean" Please note that this list is not exhaustive, but is offered as a general guide to help in the preparation and examination of documents that could be required by a letter of credit. If you want to know in detail about L/C service in international trading of SHT supply chain please contact with us. Hot Tags: documentation preparation according L/C, company, agent, customs, serviceDocumentation Settlement Service forwarders website:http://www.shtglobal.com/documentation-settlement-service/