Contradictions inside the credit
Fields that disagree with each other, for example a latest shipment date that falls after the expiry.
LC Clear / Pre-Shipment
Can you work with this credit? Find out before you ship.
The LC workability review reads the credit, a draft included, and flags what you could not meet: contradictions, dates that cannot be kept and clauses that put payment in the buyer's hands. It needs no check credit.
The situation
The credit arrives and the clock starts
The credit names what you must present, by when and under which conditions. If one condition is impossible, you usually find out when you assemble the documents, after the goods have shipped. An amendment then costs a bank fee and days you may not have.
What it looks for
The clauses that cause amendments and refusals later
Dates you cannot keep
A shipment date and expiry that leave no time to ship, collect the documents and present them.
Clauses the buyer controls
Soft clauses and conditions that are not documentary, which let the applicant decide whether you are paid.
Goods description
Wording your commercial invoice could not repeat exactly, or a description that only points to another document.
How it runs
From the credit to a list you can send your buyer
- 1Upload the credit, final or draft. Tick the draft box and every finding is read as a negotiating point, not an amendment.
- 2A reading model extracts the terms. A fixed rule engine, not the AI, reviews them.
- 3You see each finding with the clause it concerns and suggested wording to ask your buyer for.
- 4Optionally compare the credit with your sales order, and keep the credit's terms with a case reference.
What this review is not
It reviews the credit, not your documents. Your documents are checked later, in the LC compliance check.
It does not contact your buyer or any bank. You decide what to ask for.
A clean review is not a promise that no amendment will be needed. It is not legal advice.
It does not replace the bank's examination.
Review your next credit before you ship
The review is free to use and takes minutes. Open it, upload the credit and read the findings.