Goods description
The invoice description against the credit's goods field (Art. 18(c)).
LC Clear / Post-Shipment
Will the bank accept your documents? Find out before you present.
The LC compliance check compares your invoice, bill of lading, packing list, certificates and insurance document with the credit and with each other, under UCP 600 and ISBP 821. Every finding names its rule.
The situation
You get one presentation
The bank examines your documents once, and has up to five banking days to do it (UCP 600 Art. 14(b)). Every discrepancy it finds can delay payment, even one that harms nobody in substance. Documents must be presented no later than 21 days after shipment and within the credit's expiry (Art. 14(c)), so each correction round eats time you do not get back.
What it checks
The discrepancies that get documents refused
Dates, tolerances and amounts
Shipment date, presentation period and expiry, and amounts and quantities against the tolerances the credit allows.
Transport document
A claused bill of lading, on-deck loading, a transhipment prohibition.
Names and addresses
Insignificant typos told apart from real discrepancies, across every document.
Sanctions screening
The parties named in the credit and the documents, by name, against EU, US and UK sanctions lists.
Deadlines
The presentation period and expiry of each checked credit, as a deadline you can see.
How it runs
From a document set to a list you can fix
- 1Upload the credit and your documents.
- 2A reading model extracts the fields. You confirm the values before any rule runs.
- 3A fixed rule engine, not the AI, checks the set. The same documents give the same findings every time.
- 4You get a list: each finding with its rule reference, suggested wording to fix it and an estimated cost of leaving it, and a PDF audit report.
- 5Fix what was flagged and check again. A check includes two free re-checks within 30 days.
What this check is not
It does not replace the bank's examination. The bank decides whether a presentation complies.
“No discrepancies found” means nothing was found in the checks performed. It is not a promise that the bank will accept the documents.
It is not legal advice.
See it on a sample document set
A realistic document set, evaluated instantly. No account and no registration needed for the demo. Your first check on your own documents is free.