Trade Letter of Credit Extractor

The L/C number and issue date, the expiration date (last date for presenting documents), the buyer (applicant or importer) and supplier (beneficiary or exporter) with their addresses, the issuing bank name, BIC/SWIFT, and IBAN, the advising bank name, the total amount and currency, and the credit type (enum, such as irrevocable or confirmed).

This tool reads the documentary letter of credit used to pay for international trade: it captures the issuing and advising banks, the required documents, the ports, the latest shipment date, and UCP 600 governing law. The contractual letter of credit extractor reads the standby or contractual L/C, whose terms are grounded in the CUAD clause taxonomy. Use that one for a standby credit that backs a contract obligation.

The port of loading and port of discharge, the latest shipment date, the incoterms, the payment terms (sight, usance, or deferred), the required documents (array), the special conditions (array), and whether insurance, partial shipment, and transhipment are allowed (booleans) each come back as fields.

Yes. A line items table returns each line number, description, quantity, unit, unit price, line total, and HS code; a charges table returns each charge type, amount, currency, and payer; a documents checklist table returns each document type, issuer, quantity, and special requirements; and a payment details table returns the beneficiary bank account, BIC, and IBAN.

PDF only, up to 10MB and 100 pages. The letter of credit is processed via the Talonic API for extraction only, is not retained for training, and is not shared.