what is the important things to be noted before establish,or fill the L/C Application Form?

Aside from the standard documentations as mentioned in UCPDC, Incoterms are important and particularly adding confirmation by1st Class bank or getting pre-acceptance of Bill of Exchanges are important to safeguard company's interest

These below are the important things to be ned commercial king l set less one of original clean on board ocean bills of an airway bill consigned to order of bank,notify applicant and ight Prepaid,Freight urance Policy or Certificate in duplicate, endorsed in blank for not less than110% of invoice value eficiary’s certificate stating that: one full set of non-negotiable shipping documents one full set of shipping documents including one original Bill of Lading (or Airway Bill)tificate of Origin issued by tificate of Quality issued by manufacturer

Asper my knowledge before establish a L/C,we need only one document that is "Sales Contract"from beneficiary address,Qty,Price,Total value of item going to buy in foreign currency,Details of L/C negotiating bank of beneficiary,other conditions will be written in the Sales Contract.