With the globalization and liberalization of Trade and Economy export and import has become a way of life for most of the industries and trade. In this scenario most of the companies use Letter of Credit as an effective tool to safeguard their interest. With change of time and based on the past issues the rules governing the letter of credit has also undergone various changes. ICC (Paris) has brought out these rules in the form of UCP 600, ISBP 681, URR 725 and e-UCP. Further, INCOTERMS 2010 and also the SWIFT format with the expected input in each field with the interpretation of these inputs also forms part of the entire Letter of Credit Process. As an additional input, we have included URC 522, rules for collection transaction.

With this backdrop there has been always a felt need from the export-import community, Bankers who deal with LC and the related activities and the other associated players like transporters, insurance companies to have a comprehensive reference material.

To address this felt need combining subject expertise with the benefit of technology we have come out with the most unique all comprehensive product ‘Instant LC++’

Advantages of this software ‘InstantLC++’

1. This software is easy to install and navigate.
2. Contains all the necessary information on Letter of Credit. Wherever required sufficient clarifications, explanations and examples are provided through out this content.
3. This software encompasses various areas related to letter of credit such as UCP600, ISBP681, URR725, URC522, e-UCP, INCOTERMS 2010 and SWIFT LC format and implications of each field.
4. Through this software the same subject can be seen and understood from the point of view of an Exporter, Importer and also that of a Banker.
5. The relevant case studies discussed in the software, explain various rules/policies. They make the understanding of the subject easier and interesting.
6. Certain important concepts are explained through graphical presentation.
7. Various other documents handled in Letter of Credit are also provided and the care to be taken while scrutinizing these documents is also discussed.
8. Checklist for exporters, importers and bankers is part of this system.
9. The whole lot of knowledge spread across in the area of Letter of Credit is available to you in the required manner for learning/ reference/ better understanding by just a ‘click’.
10. The powerful search engine facilitates you to reach your required information in no time.

Topics covered in ‘InstantLC++’