L/C Tolerance under UCP 600:

📌 L/C (Letter of Credit) tolerance provides flexibility when the actual quantity or value of goods differs slightly from the amount stated in the credit.
🔹 For Exporters:
• Allows minor variations in shipment quantity/value
• Reduces the risk of documentary discrepancies
• Provides greater flexibility in fulfilling orders
🔹 For Importers:
• Accommodates practical variations in shipment
• Helps avoid unnecessary amendments
• Supports smoother international trade transactions

📖 UCP 600 – Article 30 provides specific rules regarding tolerances for the amount, quantity, and unit price under documentary credits.

Bottom Line:
L/C tolerance offers a practical balance between contractual precision and operational flexibility, helping both exporters and importers conduct trade more efficiently.

Simply Exim thru Sow Exim
91 9944430392
ceo@sowexim.com
www.sowexim.com