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Sample Letters of Credit - Part I
Introduction to working with a letter of credit sample. 











Working with letter of credit samples is not an easy thing. Why? Because each letter of credit is unique for couple of reasons. First of all import procedures are changing from one country to another. To keep up with the import regulations banks are modifying letter of credit texts. In most cases banks delete or change one or more articles of UCP 600 when they issue letters of credit. Secondly banks demand different documents and different conditions to complete documents they requested. Finally conditions and requested documents may vary from sector to sector. For example a letter of credit for food sector is substantially different from a letter of credit opened for oil industry.

Why I am publishing letter of credit samples on my web site?

Followers of my web site should understand that letter of credit samples would not be a magic formula to solve their letter of credit problems. Letters of credit is a huge area with a very dynamic environment. My samples  would not be covering your specific need but giving a broad sense of understanding how letters of credit work in a real life situation. The reasons why I am publishing letter of credit samples in my website is that;

  1. Giving a broad sense of understanding to my readers how letters of credit work in a real life situation.
  2. Explaning key aspects of letters of credit topics on the given samples.
  3. Understanding how to read letter of credit text in a swift format.
  4. Learning important points in swift messages.
  5. Understanding documents which are most frequently asked by the banks under letter of credit transactions. 

Are samples that are given on my web site genuinely taken from real life situations?

I am certified documentary credit specialist and I have been giving consultancy services for more than 5 years on this subject. All the samples are taken from my past work experience. Please keep in mind that I have modified almost all of the fields on a specific letter of credit transaction including but not limited to description of goods, port of loading, availability of the credit etc.. in order to protect privacy of the parties of the real life transaction. 

Before starting to work with letter of credit samples please make sure that you read "Sample Letters of Credit - Part II - Guidelines : How to read sample letter of credit texts on my web site?"

letterofcredit.biz is your gateway to International Trade Finance World designed & developed by a Certified Documentary Credit Specialist.
Why publishing letter of credit samples ?
You should understand that letter of credit samples would not be a magic formula to solve your letter of credit problems. Letters of credit is a huge area with a very dynamic environment. My samples  would not be covering your specific need but giving a broad sense of understanding how letters of credit work in a real life situation.
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Hi, my name is "Ozgur Eker" (CDCS). You can connect with me either via my contact form or Google Plus.