REQUIRED DOCUMENTS OF L/C

Documents that may be Requested for Presentation[edit]

To receive payment, an exporter or shipper must present the documents required by the LC. Typically the letter of credit will request an original Bill of lading as the use of a title document such as this is critical to the functioning of the Letter of Credit. However, the list and form of documents is open to negotiation and might contain requirements to present documents issued by a neutral third party evidencing the quality of the goods shipped, or their place of origin or place. Typical types of documents in such contracts might include:^{[citation needed]}

• Financial documents — bill of exchange, co-accepted draft
• Commercial documents — invoice, packing list
• Shipping documents — bill of lading (ocean or multi-modal or charter party), airway bill, lorry/truck receipt, railway receipt, CMC other than mate receipt, forwarder cargo receipt
• Official documents — license, embassy legalization, origin certificate, inspection certificate, phytosanitary certificate
• Insurance documents — insurance policy or certificate, but not a cover note.

But the range of documents that may be requested by the applicant is vast, and varies considerably by country and commodity.