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Letter of Credit Documents

congenbill

What is Congenbill Bill of Lading?

Congenbill is a type of charter party bill of lading which is widely used in international transportation. Congenbill 2007 is the latest version of standard...

Short Form/Blank Back Bill of Lading

A bill of lading is a generic name of a transport document, which is used in sea shipments. As a transport document a bill of...
insurance documents

Insurance Documents

Insurance defined by merriam-webster dictionary as "a coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified...
How to determine date of shipment on a Non-Negotiable Sea Waybill?

How to Determine Date of Shipment on a Sea Waybill?

Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine whether shipment made on...
How to Determine Maturity Date if Letter of Credit States That Tenor of the L/C is 60 Days After Bill of Lading Issue Date?

How to Determine Maturity Date if Letter of Credit States That Tenor of the...

Maturity date is a term related to a time draft. A time draft is a form of payment that is guaranteed by an issuing bank,...
sample bill of exchange

Sample Bill of Exchange

On this page, you can find a sample "Bill of Exchange", which is drawn under a typical letter of credit transaction. Bill of exchange can...
inspection certificate

Inspection Certificate

On this page, I will try to explain “Quality Control Inspections”, "Inspection Certificates" and their applications in letters of credit. A letter of credit transaction...

All Risks Insurance Policy Under L/C Payments

Letter of credit conditions must be clear and precise without leaving any room for ambiguity. In terms of insurance documents, the letter of credit must...
Which is the best insurance type that should be selected against non-delivery risks?

Which is the Best Cargo Insurance Type That Should be Selected Against Non-Delivery Risks?

Institute Cargo Clause A (All risks), Institute Cargo Clause B and Institute Cargo Clause C are the main types of cargo insurance types used...
video

Proforma Invoice

In international trade, a proforma invoice means a trade document that states a commitment from the seller (exporter) to sell goods to the buyer...
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