Check your Letter of Credit documents before your bank does.
LC Clear reads your trade documents and checks them automatically against UCP 600 and ISBP 745, catching every discrepancy before your bank does. The first product on the DocAccord platform.
No credit card required for the demo. Registration requires a business email address.
estimated annual savings potential
Example calculation: ~4 LC shipments/month. use your own numbers
Why LC document checking still hurts today
Letter of Credit document sets are rejected by the bank on first presentation due to discrepancies - every rejection means rework, delay, and added cost.
Industry estimate based on common trade finance market data (incl. ICC).
Discrepancies are the norm, not the exception
A large share of all Letter of Credit document sets get rejected on first presentation. Every rejection costs time and money.
Delayed payment, delayed business
Every correction cycle with the bank delays payment by days, sometimes weeks - with direct cash-flow consequences.
Discrepancy fees add up
Banks charge a handling fee for every discrepancy raised. For frequent LC business, that adds up to a real cost line.
How LC Clear works
Upload your documents
Upload the L/C (SWIFT MT700), commercial invoice, bill of lading and optional supporting documents as PDF - no manual re-typing.
Data gets read
An AI-powered reading module extracts the relevant fields from every document, regardless of layout or scan quality.
Rules check deterministically
A fixed, auditable rule engine checks the extracted data against UCP 600, ISBP 745, and optionally eUCP. No AI guessing at the actual check - the same logic runs every time.
Results in seconds
Compliance score, a full discrepancy list, and concrete field-by-field fix suggestions - ready for internal sign-off.
LC Clear is the first solution. More are coming.
DocAccord makes trade documents ready for banks and authorities. LC Clear covers Letters of Credit under UCP 600/ISBP 745 today; further rule sets (including bank guarantees and documentary collections) are on the roadmap.
Upload the LC, commercial invoice, bill of lading and more, extract the data automatically, and check it deterministically against UCP 600, ISBP 745, and (optionally) eUCP.
- Compliance score and discrepancy list in seconds
- Concrete field-by-field fix suggestions
- Rule logic runs deterministically server-side, not as an AI guess
Bank guarantees (URDG 758) and standby LCs (ISP98)
Not available yet. Coming after LC Clear.
Why the result isn't just an AI guess
LC Clear deliberately separates two steps. Reading the documents (text recognition, field extraction) is handled by an AI model, because real trade documents are rarely formatted consistently. The actual check - comparing the extracted data against UCP 600 and ISBP 745 - then runs through a fixed rule engine. The same input always produces the same result, traceable and referenced to the specific article. You get the flexibility of AI for reading and the reliability of a rule engine for the assessment.
What LC Clear actually checks
Exact goods match
UCP 600 Art. 18(a)(v)Compares the goods description on the commercial invoice word-for-word against L/C field 45A.
Timeline & date checks
UCP 600 Art. 14(c) / 31(c)Automatically checks latest shipment date, expiry, and the presentation period.
Tolerance calculation
UCP 600 Art. 30Accounts for quantity/amount tolerances, including the 10% rule for "about"/"circa" wording.
Typo classification
ISBP 745 A21Distinguishes insignificant typos in names/addresses from real discrepancies - avoids false alarms.
What do discrepancies really cost you?
Adjust the assumptions to your own business. This is an illustrative estimate based on your inputs, not a guarantee.
2.0
€150
€270
€5,040
At this level of discrepancies, the Starter plan (€149/month) already pays for itself through saved bank fees and internal hours.
See pricingYour trade data stays confidential
- Hosted exclusively in Germany (Hetzner, EU)
- Document content is never stored permanently, only check metadata for your account overview
- No disclosure to third parties beyond the technically necessary processors
- Your document content is never used to train public AI models
- No tracking cookies, no ad networks
Truvest Capital Market GmbH
DocAccord / LC Clear is a product of Truvest Capital Market GmbH, a company based in Troisdorf, Germany, active in international commodity trading. Over the years, Truvest was repeatedly approached by trading partners struggling with exactly these Letter of Credit discrepancies. In supporting those companies with their L/C transactions (totaling in the low double-digit millions of euros), Truvest saw the typical friction firsthand. LC Clear grew out of that recurring need. Managing Director: Albert Rempel.
Experience from international commodity trading
Manish Shavadia
Strategic Advisor
Extensive background in the mining sector, including CFO roles at several mining companies.
Ali Asadollahi
Strategic Advisor · Al Jabal Global Group
15+ years of experience trading petrochemicals, fertilizer, and other commodities across the Middle East, China, India, and Asia.
Carlos Lynch
Advisor · Ronca Holding BV
Over 20 years of experience in international metals trading.
Frequently asked questions
Does LC Clear replace my bank's examination?+
No. LC Clear is a pre-check you run before submission. The final examination under UCP 600 remains the job of the issuing, advising, or confirming bank. The goal is that as little as possible comes as a surprise there.
What happens if the AI misreads a document?+
For every match you see the recognized text next to the expected value ("Found" vs. "Expected") and can check the original document in parallel at any time. For unclear or poorly scanned documents, we recommend also reviewing the result manually.
How is this different from an internal checklist?+
A checklist checks whether a document exists. LC Clear checks the content itself - whether the data in the documents is consistent with each other and with the L/C terms, including the ISBP 745 nuances that manual review often misses.
Which documents can I check today?+
Letter of Credit (SWIFT MT700 PDF, structured text, or a non-SWIFT bank advice), commercial invoice, bill of lading, packing list, certificate of origin, and insurance certificate. Bank guarantees under URDG 758 and standby L/Cs under ISP98 are in preparation.
What does a single check cost without a subscription?+
Without a subscription you pay €59 per check, no monthly commitment. Once you have regular volume, the subscription plans pay off.
Is registration really free?+
Yes, registration itself costs nothing. Your first real check needs either a credit (pay-as-you-go) or a subscription; the live demo with sample documents works without an account at all.
How do I get an invoice for my purchase?+
Billing runs automatically through our merchant of record (Paddle). You receive a proper B2B invoice with itemized VAT immediately after purchase.