On what grounds can a bank refuse letter-of-credit documents?

The matter being asked about is “On what grounds can a bank refuse letter-of-credit documents”, so it deals with the case-specific points first and the shared rules afterwards. If a preferential tariff is claimed, the origin document must be in the exact form the destination accepts. After certification, scan the full set before it leaves your hands. Duty guarantees have refund deadlines, so keep a certified copy for reference. Check that the importer or exporter name matches the company registration character for character. Ocean bills of lading and air waybills carry different data fields; translate the type actually used. Temporary imports of samples run on a guarantee scheme; state the re-export deadline clearly. Declared customs value must state the Incoterms delivery basis matching the sale contract. Keep a copy of every source document plus the receipt or docket from each step. High-resolution photos of seals and signatures help when the destination asks for re-verification. Plan the schedule with room for at least one review cycle at the receiving office. For documents going abroad, include international shipping time in the plan. Before starting, keep a digital copy of every page, including seals and signatures, then make sure document numbers, issue dates and issuing-office names match across the set, then ask in advance which category of certified translator the destination accepts. The deciding factor is the receiving body's requirement, not only the format of the Thai-side document. The biggest risk in cases like this is doing the certification steps out of order, which forces a restart. The terms that frame this page are grounds · bank · refuse · letter-of-credit. Payment by letter of credit normally runs on the ICC Uniform Customs and Practice for Documentary Credits, UCP 600, as the parties have incorporated it. Banks examine documents on their face only, so a name spelt differently or a translation that does not track the original can be treated as a discrepancy and payment refused even though the goods were shipped in full. Buyer, seller, manufacturer and address details must be spelt identically across every trade document, the company certificate and the declaration. Where a Thai name is transliterated into Roman script, follow the spelling shown on the Department of Business Development certificate and repeat it everywhere. A one-character mismatch is enough for a bank or the destination customs office to send the file back. Thailand has no common-law notary public. Certifying a director's signature, certifying true copies and taking affidavits in support of trade documents for use abroad are done by a Notarial Services Attorney licensed under Lawyers Council of Thailand rules, which most overseas authorities and counterparties accept as the equivalent. Cost and lead time depend on page count, target language, how many certified sets are required and the steps the receiving authority sets, so every file is quoted before work starts. Send scans of every trade document together with the checklist the authority or counterparty gave you, via LINE @NAATI, call +66 80-557-8887 or email ilc@thainotary.co.th.

ปรึกษาฟรี — LINE @NAATI · โทร 080-5578887 · อีเมล ilc@thainotary.co.th