What may an L/C specify that is not required under the applicable Incoterm?

An L/C, or Letter of Credit, can specify specific documents that are required for payment to be made to the seller. This may include items such as commercial invoices, packing lists, certificates of origin, and bank guarantees. While Incoterms set the framework for various logistics aspects and responsibilities between the buyer and seller, they do not dictate specific documentation requirements that must be presented in an L/C transaction.

In contrast, the other options relate to practices often dictated by the standard trading terms or operational preferences rather than specific documentation support needed for an L/C. For example, while packaging standards can be critical for shipping, they are generally addressed through contractual agreements rather than being a requirement of an L/C. Financial guarantees and the type of carrier used can also play significant roles in international trade but are typically secured separately from the L/C and its documentation requirements. This distinction illustrates the unique role that an L/C plays in facilitating payment upon receipt of agreed-upon documents, separate from the logistics dictated by Incoterms.