Letter of Credit: Traps Lite at App Store analyse

App power index: 140 (based on ranks around App Stores today)
Business Finance
Developer: Infinite Software
Price: 0 free
Current version: 1.1, last update: 7 years ago
First release : 23 Jun 2011
App size: 1.19 Mb
4.4 ( 6384 ratings )
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Estimation application downloads and cost

> 3.08k
Monthly downloads
~ $ 1.26k
Estimation App Cost


L/C is abbreviation of English words “letter of credit”.
Letter of credit (L/C), also, documentary credit (D/C), is a well-known banking tool, which guarantees to the seller to receive a payment for sold goods without financial risks.
Against the buyer’s order the bank takes obligations within a certain period of time to pay to the seller cost of the goods after the seller presents to the bank the documents agreed with the buyer.

Although L/C is a reliable tool a businessmen in some cases may meet unexpected hindrances and traps, which will not allow the bank to fulfill the customer’s order.
It is very important to pay attention to the documents and the conditions listed in the buyer’s instruction to his bank.
The documents the importer (the buyer) requires in the credit usually include, at a minimum, a commercial invoice and clean bill of lading, but may also may comprise a certificate of origin, inspection certificate and other documents.

Knowledge of the answers of at least the listed below questions will help the businessmen to avoid many hindrances and possible traps they may meet when they deal with documentary credits.
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Available in countries
Country Price
Canada free
China free
France free
Germany free
Italy free
Netherlands free
Portugal free
Spain free
Poland free
UK free
India free
Japan free
Poland free
Russia free
Turkey free
USA free
Korea, Republic Of free
Ukraine free
Available for devices
iPodTouchSecondGen, iPhone3G, iPhone3GS, iPadWifi, iPad3G, iPhone4, iPodTouchThirdGen, iPodTouchFourthGen, iPad2Wifi, iPad23G, iPhone4S, iPadThirdGen, iPadThirdGen4G, iPhone5, iPodTouchFifthGen, iPadFourthGen, iPadFourthGen4G, iPadMini, iPadMini4G, iPhone5c, iPhone5s, iPadAir, iPadAirCellular, iPadMiniRetina, iPadMiniRetinaCellular, iPhone6, iPhone6Plus, iPadAir2, iPadAir2Cellular, iPadMini3, iPadMini3Cellular, iPodTouchSixthGen, iPhone6s, iPhone6sPlus, iPadMini4, iPadMini4Cellular, iPadPro, iPadProCellular, iPadPro97, iPadPro97Cellular, iPhoneSE, iPhone7, iPhone7Plus, iPad611, iPad612, iPad71, iPad72, iPad73, iPad74, iPhone8, iPhone8Plus, iPhoneX,