What to Check When You Receive an Export Letter of Credit
A checklist for exporters reviewing a newly received Letter of Credit before accepting it and shipping.
Reviewed by LCCheck team (owner-approved) · 2026-10-12
Short answer
When an export Letter of Credit arrives, check it at once against the sales contract: the parties, amount, dates, documents and conditions. Anything that cannot be met should be raised for amendment before shipment, because once the goods are shipped the exporter has little leverage and the bank pays only against compliant documents.
| When | Immediately on advice, before production or shipment |
|---|---|
| Authenticity | Confirmed by the advising bank |
| If something is wrong | Ask the buyer to request an amendment |
Checklist
- Credit is irrevocable and subject to UCP 600.
- Your name and address are correct.
- Amount and currency match the contract.
- Latest shipment date is achievable.
- Presentation period and expiry leave time to prepare documents.
- Place of expiry and available-with bank are acceptable.
- All 46A documents are obtainable.
- 47A conditions are clear and within your control.
- Confirmation is added if you need it.
Next step
- List required amendments in one request.
- Do not ship until critical amendments are received and accepted.
Sources
- ICC — UCP 600 (Uniform Customs and Practice for Documentary Credits)
- ICC Academy — avoiding Letter of Credit discrepancies
General guidance, not legal advice. Your bank examines documents independently.
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