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Export Letter of Credit (LC) Creation & Tracking

PrismERP offers a comprehensive solution to create and monitor Export Letters of Credit (LC), ensuring secure and reliable international payment transactions for your export business.

What is Export Letter of Credit (LC) Creation & Tracking?​

A Letter of Credit is a financial document issued by a bank guaranteeing a buyer's payment to a seller upon fulfillment of specified conditions. This feature helps exporters manage and track LCs effectively, reducing payment risks in cross-border trade.

Key Features​

✅ LC Creation & Documentation Generate detailed LC documents capturing all necessary terms, conditions, and payment schedules.

✅ Expiry & Validity Tracking Monitor LC expiration dates and validity periods to ensure timely compliance.

✅ Status Monitoring Track the lifecycle of each LC — issued, amended, confirmed, or settled.

✅ Integration with Sales & Shipping Link LCs to export orders, shipment details, and invoicing for seamless workflow.

✅ Alerts & Notifications Receive automated reminders for critical LC milestones like expiry or amendment deadlines.

🔗 Integrated With:​

  • Export Sales Order Management
  • Shipping & Logistics
  • Finance & Banking Modules
  • Document Management
  • Notifications & Alerts System

🚀 Secure and Simplify Your Export Payments with PrismERP LC Management​

Leverage PrismERP’s Export Letter of Credit Creation & Tracking to confidently manage your export payments and minimize risks in global trade.