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Letter of Credit and Sight Draft Collection
For over 25 years, ARI Shipping has been servicing shippers, manufacturers, exporters and importers in all aspects of letter of credit (L/C), bank collections under sight draft, legalization of shipping documents and compliance rules. Our goal is to make your banking and shipping transactions stress free, maximize your profit and speed your cash flow. While letters of credit are designed to be a great tool for the exporting community, it can be real struggle for many of them costing hundreds and even thousands of dollars in excess bank fees and payment delays.
ARI Shipping Corporation will professionally, accurately and timely prepare, assemble and present all of the necessary documents required by your letter of credit or sight draft for payment.
Our services include
- L/C requirements prior to shipment
- L/C consultation
- L/C instructions
- Document preparation and bank presentation
- Risk analysis to buyer and seller
- Step-by-step collection process
- Avoid discrepancies and delays
- Open account and sight draft
- Overview of UCP 600
- Complete consular and legalization of documents
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