Soft clauses
Wording that leaves payment to a condition the seller cannot control or prove.
LC Clear / Pre-Shipment
Check the draft credit before your bank issues it.
The Credit Review as buyer reads a draft letter of credit from the buyer's side and flags what typically leads to an amendment: soft clauses, conditions that are not documentary, an expiry that leaves no time to present. It uses no document check.
The situation
Every amendment after issuance costs a fee and can hold up the shipment
If your supplier cannot work with the credit you opened, you pay for amendments and wait for the goods. If you sell on credit terms, the draft your buyer's bank is about to issue is the credit you will have to work with. Review the draft here and pass the findings on to the other side yourself: the review sends nothing.
What it looks for
What makes a credit hard for the seller to use
Conditions that are not documentary
Requirements that no presented document can satisfy, so the seller has nothing to show the bank.
Expiry and presentation time
An expiry date that leaves no time to ship, collect the documents and present them.
Goods description
A description that only points to another document, which the seller's invoice then has to chase.
How it runs
Review the draft, then change it with your bank before it is issued
- 1Open the review on the importer side and upload the draft credit. A text that looks like a draft gets the draft box ticked for you: blanks are listed to complete, format notes weigh nothing in the score and each finding is a negotiating point, not an amendment everyone has to consent to.
- 2A reading model extracts the terms. A fixed rule engine, not the AI, reviews them.
- 3Each finding names the clause it concerns, so you can change the draft before the bank issues it. Where a fix exists, the page offers suggested wording to ask your bank for; a free account sees the wording once, and a plan unlocks it for every review.
- 4Optionally compare the credit with your purchase order.
What this review is not
It reviews the credit, not the shipping documents. Those are checked after shipment, in the LC Compliance Check.
It does not contact your bank or the seller. You decide what to change.
A clean review is not a promise that the seller will not ask for an amendment. It is not legal advice.
It does not replace the bank's examination.
Review the draft before it is issued
A free account includes one Credit Review. Open it on the importer side and upload the draft credit.