Documentary Credit Support
Advisory and coordination support for documentary credit arrangements in trade transactions.
Global
Trade
Situations this applies to.
- —Structuring a documentary credit arrangement with an international counterparty
- —Ensuring shipping and commercial documents will satisfy the credit terms
- —Reducing the risk of payment delay due to documentary discrepancies
- —Understanding the obligations a documentary credit creates for each party
Our role in this.
We coordinate the documentary credit process on a client's behalf, working to ensure the required documentation is accurate and complete so the credit is honoured without delay.
What's useful to have ready.
- The documentary credit terms
- Relevant shipping and commercial documents
A typical advisory sequence — not a guaranteed or universal process, and steps may run in parallel depending on the transaction.
Assess
We review the commercial arrangement, financial position and documentation relevant to the requirement.
Structure
We identify the financing or transaction structure appropriate to the specific situation.
Coordinate
We coordinate with relevant financial institutions or counterparties on terms, documentation and approval.
Support
We remain engaged through completion and into the ongoing trade relationship.
Also part of Documentary Trade.
Considering Documentary Credit Support for your business?
Speak with our Paras Global Trade team about your specific situation.
Talk to Our Team →