Presentation received
Bank logs documents, presentation date and relevant credit/reference.
Documentary LC · From presentation to honour/refusal
Document Examination Procedure
What actually happens after the documents reach the bank.
Credit and amendments assembled
Checker confirms the operative LC terms and accepted amendments before judging documents.
Document-by-document examination
Invoice, transport, insurance, certificates and other documents are checked against the credit, UCP and current ISBP practice where applicable.
Cross-document consistency
Dates, names, goods, quantities, ports and other data are checked for conflicts/discrepancies.
Complying or discrepant decision
Complying presentation proceeds to honour/negotiation/deferred-payment process; discrepancies trigger refusal/waiver/cure decisions.
Documents and settlement
Documents are forwarded/held/returned as appropriate and reimbursement/payment follows the banking arrangement.
What can change from bank to bank?
The commercial objective may be similar while the bank’s internal route differs. Credit approval, collateral, compliance review, legal wording, message choice, fees and cut-off times can all vary. Always distinguish those bank-specific steps from the incorporated rules and the purpose of the SWIFT message.
Reviewed: September 2026Standards and bank policy can change.How MyGreed classifies proceduresOfficial-source directory
Procedure ruleThis is a typical learning flow. Exact sequencing, messages, approvals and documents can vary by bank, rules, law and negotiated transaction.