Presenting A Letter Of Credit

• Once a letter of credit has been received, it needs to presented to the bank for payment along with other documents which may include:
  • Commercial invoice
  • Consular invoice
  • Insurance documents
  • Bill of lading
  • Certificate of origin
  • Packing list
  • Inspection certificates
  • Import permits

• The bank will not pay if there are discrepancies and the documentation is not in order.

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© 2004 John Michael Pierobon

Notes