Morocco Export Letter of Credit Consultancy

On this post you can find detailed information regarding one of our export letter of credit consultancy services.

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Letter of Credit References:

We have completed our export letter of credit consultancy services with success in regards to a letter of credit which is issued by Banque Marocaine du Commerce Extérieur on 05.Dec.2018.

The letter of credit number was ILC18A003477. Letter of credit issued in English language.

Total letter of credit amount was USD 46.620,00. The beneficiary dispatched goods in a single shipment.

All presentations have been accepted by the issuing bank on first presentation.

Documents Required:

Specific Conditions:

  • USD 19.980,00 has been paid in advance outside of the letter of credit.
  • USD 46.620,00 has been paid against shipping documents.
  • Total invoice amount was USD 66.000,00.

Our Work:

  • The exporter has supplied us the draft letter of credit.
  • We have checked the draft letter of credit and corrected the points that may create problem at the presentation period.
  • Once the beneficiary supplied us the shipment details we have prepared the commercial invoice, packing list and weight .
  • We also completed the shipping instructions for the Bill of Lading and filled out the draft version of EUR1 certificate.
  • After shipment, the beneficiary has sent us all of the documents for final evaluation.
  • The documents have been presented to the advising bank and have been checked once again to eliminate possible discrepancies.

Conclusion:

  • All presentations have been accepted by the issuing bank on first presentation.