"Inspection certificate issued by applicant."
Risk:The buyer may control the certificate, which can cause difficulty or rejection.
Documents Required — Field 46A
Understand why a large LC can still be hard to use.
See the document load before reading the details
A quick checklist helps you judge whether the LC looks manageable or risky.
Example documentQuick reading
Commercial invoiceNormal core document
RequiredPacking listCommon supporting document
RequiredBill of ladingMain transport document
RequiredInsurance certificateCheck if the amount and wording fit the LC
Check detailsInspection certificateBe careful who is allowed to issue it
Check wording"Inspection certificate issued by SGS or equivalent."
Why better:The certificate comes from an independent party and is usually easier to understand.
Why this field matters
Field 46A describes documents required under the documentary credit.
A beneficiary should ask: Can I actually produce every required document in the required form?
Common examples
Commercial invoice.
Packing list.
Certificate of origin.
Transport document such as a bill of lading.
Insurance document when required.
Other certificates stated in the credit.
More documents can mean more risk
Every additional document or special certificate creates another item that may be checked.
More is not always better.
Impossible conditions
If a document cannot realistically be obtained, the LC may be very hard to draw under.
This is one reason a draft LC should be reviewed before issuance.
Remember thisA beautiful LC is useless if the required documents cannot be produced.
Lesson check0 / 2 answered · 0 correct
Check 1
Where are required documents commonly described in an MT700?
Check 2
Does adding more documents always make an LC safer and better?
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