Letter of Credit Checklist Tool

The Letter of Credit Checklist Tool helps exporters prepare a clean, discrepancy-free presentation. Enter the LC’s key dates and terms, track each required document’s status, and let the tool calculate your presentation deadline and flag common date-based discrepancies automatically.

This is a pre-submission working tool, not a substitute for the issuing or negotiating bank’s formal document examination under UCP 600.

• Automatic presentation deadline: Calculated from the shipment date plus the LC’s presentation period, capped at the LC expiry.
• Discrepancy flags: Late shipment, late presentation, and expired-before-shipment checks run automatically as you fill in dates.
• Editable document checklist: Track each required document’s status — Present, Missing, or Not applicable.
• Readiness score: A live percentage shows how complete your presentation is.
• Printable summary: A clean checklist and discrepancy report for your files or your bank.

1. Enter the LC number, issuing bank, amount, expiry date, and presentation period.
2. Enter the actual (or planned) shipment date — the deadline and any date discrepancies are calculated automatically.
3. Mark each required document as Present, Missing, or Not applicable, adding any LC-specific documents.
4. Review the discrepancy panel and readiness score before presenting to the bank.
5. Print or export the checklist for your records.

Example: An LC allows 21 days for presentation and expires on 30 June. Goods ship on 20 June, so the calculated deadline is 11 July — but since that is after the LC expiry, the tool flags the true deadline as 30 June and warns that only 10 days remain to present.

• Catch date-based discrepancies before the bank does.
• Keep a clear record of what has and has not been prepared.
• Reduce delayed or refused payment under documentary credits.