PRODUCING DOCUMENTARY CREDIT AND CONFORMING SHIPPING DOCUMENTS

摘要

A system and method for supporting import-export transactions are provided. Communications are established between a buyer (301), a seller (302), an issuing bank (311) and an advising bank (312). In step (321), the seller (302) creates a letter of credit instruction and sends it electronically to the buyer (301). In step (322), the buyer creates the letter of credit application and sends it to the seller (302). Various communications take place between these parties and finally, in step (326), the advising bank sends the letter of credit to the seller (302).