Presentation – Letter of Credit Documents

What are the documents commonly used in letter of credit transactions? Understanding the main characteristics and usage of the letter of credit documents.


1. Proforma Invoice

  • In international trade transactions, a proforma invoice is a trade document which states a commitment from the seller (exporter) to sell goods to the buyer (importer) at specified conditions.
  • A proforma invoice is not a valid invoice in terms of accounting.
  • Proforma invoices are widely used in today’s international trade transactions in substitution of sales contracts.
  • For detailed information please visit our proforma invoice page.