Initiate Letter of Credit

Once commercial terms are agreed and the Sales & Purchase Agreement is executed, you will initiate a Letter of Credit with your bank using the instructions provided by Roots Agrihub.

LC Operations Center

No transaction found. Open this page using ?tx=TRANSACTION_ID.

1. Download LC Instructions

Download the official LC format and issuing bank instructions.

Download Instructions

2. Submit MT700 / LC Advice

Paste the uploaded Letter of Credit file URL for Roots review.

3. LC Review Status

Status: NOT_SUBMITTED
No LC submitted yet.

4. LC Timeline

✓ LC Requested
○ LC Uploaded
○ Roots Review
○ Amendment Required
○ Ready for Seller
○ Seller Accepted
○ Seller Amendment Requested
○ Seller Rejected
○ LC Confirmed
○ Shipment
○ Documents Presented
○ Paid / Settled

5. LC Compliance Checklist

  • ☐ Applicant matches buyer / SPA
  • ☐ Beneficiary matches seller
  • ☐ LC amount matches contract value
  • ☐ Commodity and quantity match transaction
  • ☐ Incoterm matches agreement
  • ☐ Latest shipment date acceptable
  • ☐ Partial shipment terms acceptable
  • ☐ Documents clause acceptable
  • ☐ Expiry date and place acceptable