Letter of
Credit Compliance...
Exporters know that Compliance is a major
concern in every aspect. In the critical area of
getting paid, when the mechanism is a Letter of
Credit, compliance is the only way to be
assured a timely and cost efficient transaction.
Statistics show that in as many as 65% of
all Letter of Credit transactions, the
seller's documents will be rejected by the banks
at presentation. These rejections
are due to non-compliance of Letter of
Credit stipulations in the documents presented.
At times, even from the moment they are written, the LC may have inherent
flaws whereby you may not be able to comply
regardless of your good intentions.
When a discrepancy can not be corrected within the given time, even if a
Letter of Credit is confirmed, ultimately the
buyer is the only one who can approve discrepant
documents and authorize payment. The buyer
can then decide when and if you will be paid.
The Collection Solution...
We achieve results through
our discerning attention to Letter of Credit compliance
and our overall knowledge of the transportation
logistics industry and how it will affect the
transaction.
Our
formula for success is a keen attention to
detail, an ability to foresee potential issues
and over 25 years of direct presentation
experience.
Our Key Support to you
through:
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