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For Exporters
Letter of Credit Checking
In the current economic climate, it is absolutely essential to have your export documents checked properly as even the most minor discrepancies can expose you to the risk of non-payment and loss.
While, in the majority of cases documents are rejected due to serious discrepancies such as late shipment, Letter of Credit expired or missing documents, there are still many instances where documents are rejected for minor discrepancies. In such circumstances, payments can often be delayed, compromising your cash-flow position, or worse still, forcing you to discount the goods or find an alternative buyer.
Standard Chartered's checking standards are thorough, and our procedures are designed around ensuring that you, the customer, are fully aware of any risks that your documents might be rejected.
In addition, all our offices have strict service level standards, to ensure that your documents are negotiated and dispatched quickly. This can assist in managing your cashflow more effectively.
 For
Exporters
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