Fill out a documentary credit or letter of credit
Importer or exporter, do you feel overwhelmed or a lack of support when it comes to filling out a form for a documentary letter of credit?
Have you received an export letter of credit without knowing what to do with it?
Are you, as an importer, worried that you will not receive the merchandise as ordered?
As an exporter, are you afraid of not getting paid by your buyer on your first transaction?
If you are an exporter, the Jones team will analyze the letter of credit, coordinate and assist you in preparing documents in compliance with bank requirements. If you are an importer, we will assist you in the application for opening the documentary credit.
Peace of mind guaranteed
The benefits of documentary credit
Safest method of payment for the seller
Elimination of the risk of non-paymen
Facilitates financing by banks
An alternative to credit insurance
Why have a documentary credit?
Documentary credit, commonly known as Letter of Credit or Credoc, is an official guarantee of payment from the importer’s bank to the exporter, and is recognized worldwide. This is a commitment of the bank which cannot be, in the majority of cases, revoked or cancelled. This is insurance of payment by your buyer. It is a great alternative to credit insurance.
Guarantee of security for the buyer
Letters of credit can quickly become a source of stress
Its complexity requires careful management related to document compliance. If you are an exporter, Jones will analyze the letter of credit, coordinate and assist you in preparing documents in compliance with bank requirements. If you are an importer, the Jones team will assist you in the application for opening the documentary credit.
Secure your merchandise
Apply for your Cargo insurance
Cargo insurance is usually required for documentary credit in order to secure your merchandise and thus reduce the risk of financial loss related to the transport of your goods. Contact the Jones team to choose the coverage that best suits your needs.
Do you have other needs?
Coordination of certification processes
Document legalization service
Complete coordination of transport
How can an international freight forwarder help you achieve your goals?
The main aim of international logistics is to send goods sold by a company located in one country to a customer located in another as soon as possible and under the best conditions.
All these operations must be organized in compliance with the laws and international trade treaties of each country. The complexity of the international supply chain requires the intervention of several stakeholders: carriers, banks, insurance companies, customs authorities, port facilities and various ministries. Your coordinator is at the centre of the process, in order to orchestrate all the steps for you, from the point of departure to the point of arrival.
Whatever the challenge, we’ll be by your side
Certain de nos clients à l’exportation veulent absolument utiliser la lettre de crédit pour chacune de nos transactions. C’était un stress supplémentaire pour nous étant donné les instructions strictes à respecter et les coûts supplémentaires en cas d’irrégularités. L’équipe de Jones a su nous rassurer en inspectant la lettre de crédit avec attention pour nous mentionner les points à vérifier ou à modifier.