Journey

L/C Issuance

Trade Finance L/C

Apply and open Letter of Credit

Related Journeys

L/C Document Presentation

Submit documents for L/C payment

Related Terms

Letter of Credit

Letter of Credit (L/C) - A payment commitment by the issuing bank to the beneficiary when the documents presented comply with the L/C terms. Governed by the ICC's UCP 600 rules.

UX Focus Areas

• L/C type selection
• Beneficiary details form
• Document requirements checklist
• Fee calculation
• Draft preview
• Progress stepper