Letter of Credit (L/C), or formally known as Documentary Credit (DC), is one of the most popular payment tools that found in International Trade.

We will assist clients to review and evaluate the workability of export L/C terms and conditions that issued by the L/C issuing bank representing importers or buyers based on the clients’ provided copy of contract and particularly with reference to the latest bank rules and guidelines, namely 3 UCP 600 and 4 ISBP 681, supplemented by 5 ICC published opinion, if any. Only through detailed and professional examination in advance that can minimize potential L/C discrepancies or pitfalls which might spark off the problem in claiming for L/C payment at a later stage.

We will assist clients to complete the necessary bank documents such as L/C application, Trust Receipt (T/R), etc. and apply to the designated Bank for issuing various types of L/C including Back-to-Back L/C, Transferable L/C, Standby L/C, Red Clause L/C or Revolving L/C in favor of local or overseas vendors and factories for preparing shipment.

We will assist clients to handle L/C amendment according to the subsequent agreement, if any.

We will propose favorable L/C terms and conditions to clients that can be applied to both import L/C and export L/C scenario.

We will provide L/C consulting service related to the use of specific L/C types and technical terms.

We will help draft customized standard L/C format for protecting clients’ interest.