What documentation is typically required by L/C terms from the beneficiary as evidence of shipment?

The original transportation document is often required by letter of credit (L/C) terms because it serves as a key piece of evidence that the goods have been shipped as per the conditions set in the L/C. This document confirms the transportation of the goods and provides critical details such as the mode of transport, the date of shipment, and the destination.

Typically, this transportation document can be a bill of lading, airway bill, or other relevant shipping document, and it proves that the carrier has taken possession of the goods and is responsible for their delivery. The requirement for such documentation is crucial in international trading and shipping transactions, as it provides assurance to the buyer (the applicant) that the seller (the beneficiary) has fulfilled their obligation to ship the goods.

While invoices and customs declarations may also play significant roles in shipping and documentation, they do not provide the same level of verification of the actual movement of goods as the original transportation document. The shipping label, though important for identifying packages, typically does not suffice as standalone proof of shipment in an L/C arrangement. Thus, the importance of the original transportation document lies in its dual function of facilitating the transfer of goods and serving as a contractual instrument.