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What documents is usually required for LC to be cleared?

Thu, 07/10/2008 - 18:05 — aviz

Hello Experts,

 I wanted to know what documents are required for L/C to be cleared

Suppose there is a End BUyer ---> Intermediary ---> Manufacturer

 A Transferable Letter of Credit is Opened by End Buyer -----> Goes to Intermediary  -----> Intermediary transfer L/C to Manufacturer becomes Non-Transferable

 Now what documents are required to clear L/C ?

Can you advice sample Image of how those documents look?

Will Buyer Bank or Buyer know who is Manufacturer Bank or Manufacter by those documents? Can Intermediary change, by adding its company name or something?

PLease advice..

‹ Can transferable L/C leak out who is Manufactuer or End Buyer? WHO IS LIABLE UNDER UCP600 ›
Sun, 08/03/2008 - 01:45 — Frammi

Cleared = cash in, make use of?

Read the letter of credit, it's all in there.

Any credit is different from the next. Usually it's 

- an invoice

- a packing list

- a transport document

- a certificate of origin.

Other documents might be additionally stated in the credit. In case of need ask you bankers to assist you.

In case of need try again and please specify your problem more in detail.

   -Each long journey starts with a small step-

Best regards

Frammi

Fri, 07/11/2008 - 03:14 — finance

Transfer Letter of Credit

Hello Aviz,

We can help you to manage your transferable letters of credit.  Please let me know how I can contact you.

 

Thank you

Fri, 07/11/2008 - 12:10 — aviz

Hye can anyone advice

Hye can anyone advice please.

 RE: User - Finance.

Please advice what you talking about. i didnt understand.