Successive surveys have shown that in excess of 50% of documents presented by exporters to banks for payment under letters of credit are rejected on the first presentation. This can cause expensive delays for both the exporter and the importer.
A great many of those rejections can be avoided if care is taken to ensure that the documents called for in the credit are completed accurately.
Atlantic Pacific can complete all your companies required export document via our fully trained team, conversant in UCP 600 and able to meet your presentation deadlines. Benefits to our customers include receiving payment faster by their customer by presenting completed documents promptly, and by not incurring penalties or delays from the presentation of discrepant documents.