Soft clauses
Wording that leaves payment to a condition the seller cannot control or prove.
LC Clear / Pre-Shipment
Check the draft credit before your bank issues it.
The pre-issuance LC review reads a draft letter of credit from the buyer's side and flags what typically leads to an amendment: soft clauses, conditions that are not documentary, an expiry that leaves no time to present. It needs no check credit.
The situation
Every amendment after issuance costs a fee and can hold up the shipment
If your supplier cannot work with the credit you opened, you pay for amendments and wait for the goods. If you sell on credit terms, the draft your buyer's bank is about to issue is the credit you will have to work with. This is the page to send your buyer.
What it looks for
What makes a credit hard for the seller to use
Conditions that are not documentary
Requirements that no presented document can satisfy, so the seller has nothing to show the bank.
Expiry and presentation time
An expiry date that leaves no time to ship, collect the documents and present them.
Goods description
A description that only points to another document, which the seller's invoice then has to chase.
How it runs
Review the draft, then send the findings to the seller
- 1Open the review on the importer side and upload the draft credit. Tick the draft box: each finding is then a negotiating point, not an amendment everyone has to consent to.
- 2A reading model extracts the terms. A fixed rule engine, not the AI, reviews them.
- 3Each finding names the clause it concerns, so you can change the draft before the bank issues it.
- 4Optionally compare the credit with your purchase order.
What this review is not
It reviews the credit, not the shipping documents. Those are checked after shipment, in the LC compliance check.
It does not contact your bank or the seller. You decide what to change.
A clean review is not a promise that the seller will not ask for an amendment. It is not legal advice.
It does not replace the bank's examination.
Review the draft before it is issued
The review is free to use. Open it on the importer side and upload the draft credit.