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Guide to Trading Internationally Checking …

S in this section?The aims of this section are to:nprovide a brief background and describe internationalcodes of practicengive details of the standard for examination of documentsnsummarise the procedure for Checking documents undercreditsnsummarise common discrepancies in documents presentedunder creditsBackground and international codes of practiceThe almost universally accepted practices are outlined in thefollowing documents, both of which have been issued by theInternational Chamber of Commerce in Paris, and these UniformCustoms and Practice for DocumentaryCredits, ICC Publication no.

Is the credit workable? That is to say, can the beneficiary fulfil all conditions regarding documentation or is there a document to be presented by the applicant, e.g. a copy telex

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