Documentary business, trade.docs+: Reducing the workload in document preparation
With trade.docs+, you bring specialists on board at an early stage and create the basis for smooth, letter-of-credit-compliant document preparation in foreign trade.
Your advantages
Expertise
We support you as early as the planning and contract phase so that letter of credit conditions, document requirements and process flow are set up coherently at an early stage.
Greater efficiency
You focus on your core business – trade.docs+ handles the letterof-credit-compliant document preparation and coordinates all necessary process steps.
Higher quality
High document quality helps to avoid concerns, payment delays and unnecessary clarifications.
Transparent costs
Fixed costs become variable costs: Costs are incurred as needed, in line with the actual volume of your documentary business.
Services at a glance
- Support in drafting and reviewing letters of credit
- Preparation of the documentation required under the letter of credit
- Consideration of country-specific requirements and customer specifications
- Final letter of credit checks
- Handling correspondence with third parties
- Monitoring of the deadlines stated in the letter of credit
Reducing the workload in foreign trade business, The path to professionally prepared documents
- Step 1, Early enquiry
Contact your corporate account manager or trade specialist at an early stage – ideally before the export contract is concluded. This allows the specific features of the transaction, scope and pricing to be assessed in good time.
- Step 2, Verification of requirements
trade.docs+ is aimed at companies based in Germany that regularly conduct documentary business and wish to use the service on an ongoing basis.
- Step 3, Professional coordination
The specialists from trade.docs+ help you clarify which process steps can be taken over and which information is required for smooth processing.
- Step 4, Contract conclusion
Once the scope of services has been agreed, the contractual basis is established. trade.docs+ then takes over the agreed steps – from document preparation through to supporting the payment process.
Our expertise for your documentary business, trade.docs+ supports you …
… from contract conclusion …
Even before you sign the contract with your business partner abroad, you benefit from our advice on financing and payment terms, country-specific expertise and guidance on how to structure the letter of credit appropriately.
… through to opening the letter of credit …
We check whether the letter of credit conditions are feasible in practice and help you to identify and adjust critical clauses or requirements at an early stage.
… and presentation of documents …
We prepare the documents in accordance with the letter of credit conditions, the provisions of the UCP and the relevant country regulations. Documents prepared by you or third parties are combined with the remaining documentation and checked for compliance with the letter of credit.
… through to payment.
After the documents have been sent, we track their receipt by the foreign bank and monitor on-time payment. In the event of delays, we assist in correspondence with the foreign bank.
FAQ, Frequently asked questions about trade.docs+
trade.docs+ is suitable for companies based in Germany that regularly conduct documentary foreign trade business and wish to make permanent use of professional support for document preparation.
Ideally before the contract is signed or at the latest before the letter of credit is opened. This ensures that document requirements, deadlines and country-specific features are taken into account at an early stage.
The service includes checking draft letters of credit, preparing documents, checking compliance with the letter of credit, coordinating with third parties, monitoring deadlines and tracking payment for letters of credit processed via Commerzbank.
No. The service is aimed at a clearly defined target group that regularly engages in documentary foreign trade business and has a corresponding need for support.
Early coordination helps to avoid impracticable letter of credit conditions, document errors, concerns and payment delays.
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