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hi everyone greetings from Emirates started accountants group your company availing LC facilities have you felt drafting a letter of credit is challenging are you continuously facing rejection from the bank a letter of credit is a payment method used in foreign trades a letter issued by a bank to another bank especially one in different country to serve as a guarantee for payments made to a specified person under specified conditions it took the seller from the buyers and the country risk and proper implementation of LC and the inspection will help to meet the buyers requirements in an effective manner some of the discrepancies that you can take care of while drafting LC sir a misspelling name and or address of the customer inconsistency in description of goods mentioned in the LC and invoice weight of the goods mentioned in the LC is not as per the actual cost due to the omission of the word approximate or about which allows us 10 percentage barriers and the ports of loading and unloa