Letter of Credit · UCP 600 · OFAC-compliant · US bank ready

LC-ready docs.
Gulf pricing.
72 hours.

US bank LC desks require a precise document set before opening a confirmed irrevocable letter of credit. SLOI AI auto-generates the full UCP 600-compliant package the moment you approve a deal — LOI, Sales & Purchase Agreement, LC Application, SGS quality certificate, packing list, and HS Code report. Nothing to chase. Nothing to template.

Submit a sourcing request → See the document package
UCP 600
International standard followed by every US bank LC desk
7
Documents auto-generated on deal approval — zero templates to fill
100%
OFAC SDN-screened counterparties — every deal, before LOI issuance
72h
From RFQ submission to signed LOI + complete document package
The document package
Everything a US bank
LC desk needs.
Every document generated automatically when you click approve. No lawyer. No back-and-forth. No delay between deal close and LC application submission.
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Letter of Intent
ICC-referenced · SLOI format
The foundation document. Specifies product, grade, quantity, agreed price, Incoterms, delivery port, and payment mechanism. References the governing commodity standard (ASTM, EN, ISO). Required by US banks to understand the underlying trade before opening an LC.
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Sales & Purchase Agreement
GAFTA / ICC 2020
Full commercial contract covering parties, goods description, price and payment terms, delivery and Incoterms 2020 clause, quality standards, inspection requirements, force majeure, and ICC arbitration. US bank LC desks require an executed SPA before approving LC terms.
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LC Application
UCP 600 · ISBP 821
Pre-filled letter of credit application structured to UCP 600 and ISBP 821 standards. Specifies LC type (confirmed irrevocable), currency, amount, expiry date, applicant, beneficiary, port of loading, port of discharge, and the exact document set required for presentation. Ready to submit directly to your bank's trade finance desk.
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Non-Disclosure Agreement
Bilateral · UAE / DIFC law
Bilateral NDA covering confidential supplier identity, pricing intelligence, and negotiation terms. Governs both parties from first contact through deal close. Required by suppliers before disclosing refinery or mill identity — and by buyers to protect their procurement strategy from competitors.
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Commercial Invoice & Packing List
UCP 600 Art. 18 compliant
Template commercial invoice and packing list pre-populated from deal data — product description, HS code, unit price, total value, quantity, weight, package count, and marks & numbers. US banks present these documents to Customs at the US port of entry. Format follows UCP 600 Article 18 requirements exactly.
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HS Code & Duty Report
WCO 2022 · HTS Schedule B
6-digit international HS code with US HTS Schedule B extension, applicable US import duty rate (MFN and any Section 301/232 tariff), estimated customs value and duty payable, import licence requirements, and dual-use or export control check. Essential for US Customs clearance and for bank collateral valuation.
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SGS Quality Certificate
SGS / Intertek · load port
Third-party quality certificate issued by SGS or Intertek at the load port, confirming the cargo meets the agreed commodity specification (ASTM A615 for rebar, EN 12591 for bitumen, API datasheet for base oils). US bank LC desks require a clean Q cert as a condition of payment. No cargo ships without it.
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Freight Advisory
Incoterms 2020 · route-specific
Recommended shipping route, freight mode, estimated freight rate ($/MT or $/container), transit time and ETA to US port, port recommendations, and insurance guidance. Used by buyers to arrange cargo insurance and by banks to verify the logistics economics of the underlying transaction.
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OFAC Compliance Audit Trail
SDN · UN · EU sanctions
Full audit trail of automated OFAC SDN screening, UN Security Council sanctions check, and EU restrictive measures check run against the counterparty before LOI issuance. US bank compliance officers require this documentation before approving LC opening for commodity transactions involving MENA, CIS, or African origins.
How the LC flow works
LOI to payment.
Four steps.
From the moment you approve the deal, the document machine starts. Your bank receives a complete, bank-ready package — not a draft you need to finish.
01
You approve the deal
Boss clicks approve in SLOI AI dashboard. AI generates the full 9-document package instantly — LOI, SPA, NDA, LC Application, Commercial Invoice template, Packing List, HS Code Report, Freight Advisory, OFAC audit trail. All emailed to all parties within minutes.
02
You submit LC application to your bank
Take the pre-filled LC Application (UCP 600), attach the SPA and LOI, and submit to your trade finance desk. The OFAC audit trail goes to your bank's compliance officer. Because the package is complete and correctly formatted, approval is faster — no back-and-forth on missing documents.
03
Bank opens confirmed irrevocable LC
Your US bank opens a confirmed irrevocable LC in favour of the supplier. The LC specifies the exact document set required for presentation — matching the SGS certificate, Bill of Lading, Commercial Invoice, and Packing List that the supplier will produce at load port.
04
Supplier ships — documents presented — payment released
Supplier loads cargo, SGS inspects and certifies, shipper issues Bill of Lading. Supplier's bank presents the document set under the LC. Your bank examines for UCP 600 compliance. On clean presentation, payment is released to the supplier. Goods clear US Customs using the HS Code Report.
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OFAC pre-cleared — before you see the price
Every counterparty runs automated SDN, UN, and EU sanctions screening before the negotiation starts. The OFAC audit trail is included in your document package — US bank compliance officers can sign off without running their own parallel check.
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UCP 600 structured from day one
The LC Application is built to UCP 600 and ISBP 821 — the international rules all LC desks operate under. Fields map directly to what your bank's trade finance system expects. Reduces LC issuance time from days to hours in most cases.
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Full audit trail for project finance
For IIJA, CHIPS Act, or donor-funded procurement, every SLOI AI deal carries a timestamped audit trail — mandate submitted, rounds negotiated, price approved, documents issued. Suitable for DFI and ECA financing requirements.
Document reference
What's in the package.
Who requires it.
Every document generated on approval. The table shows the governing standard, when it's issued, and which party in the LC chain requires it.
Document Standard / Framework Issued by Timing Required by
Letter of Intent (LOI) ICC commodity reference SLOI AI — on approval Instant US bank Buyer
Sales & Purchase Agreement GAFTA / ICC 2020 SLOI AI — on approval Instant US bank LC desk
LC Application UCP 600 · ISBP 821 SLOI AI — on approval Instant Buyer's bank
Non-Disclosure Agreement UAE / DIFC governing law SLOI AI — on approval Instant Both parties
Commercial Invoice template UCP 600 Art. 18 SLOI AI — on approval Instant US bank US Customs
Packing List UCP 600 Art. 26 SLOI AI — on approval Instant US bank US Customs
HS Code & Duty Report WCO 2022 · HTS Schedule B SLOI AI — on approval Instant US Customs (CBP)
Freight Advisory Incoterms 2020 SLOI AI — on approval Instant Buyer Insurance
OFAC Compliance Audit Trail SDN · UN · EU sanctions SLOI AI — pre-negotiation Before LOI Bank compliance
SGS Quality Certificate ASTM / EN / ISO / API SGS or Intertek — at load port Before shipment US bank US Customs
Bill of Lading Hague-Visby Rules Shipping line — on loading After loading US bank US Customs
First 9 rows generated automatically by SLOI AI on deal approval · SGS certificate and Bill of Lading issued by third parties at load port · All documents required for clean LC presentation under UCP 600
Why it matters
What US bank LC desks
actually reject.
Most commodity import LC failures aren't price problems. They're documentation problems. Discrepancies between the LC terms and the presented documents cost importers time, demurrage, and sometimes the deal itself.
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Discrepant documents — the #1 rejection
UCP 600 statistics show over 70% of first LC presentations contain at least one discrepancy. The most common: product description on the invoice doesn't match the LC exactly, or the HS code is missing. SLOI AI generates all documents from the same deal data — every field consistent, every description matching.
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OFAC holds — compliance bottleneck
US banks run OFAC checks on every counterparty in an LC — applicant, beneficiary, shipping line, port of loading, and port of discharge. When a counterparty isn't pre-screened, the bank does it manually — adding 3–10 days. SLOI AI runs OFAC screening before the negotiation starts and includes the audit trail in the package.
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Missing spec documentation
US banks and US Customs require that the LC and accompanying documents reference a recognised commodity standard — ASTM, EN, ISO, API. Generic descriptions like "steel bars" or "bitumen" get flagged. SLOI AI's LOI and SPA reference the exact specification standard, grade, and test method for every product.
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Slow document assembly
The typical commodity import LC takes 5–14 days to open because the document package is assembled manually — legal drafts the SPA, procurement fills the invoice template, compliance runs OFAC, logistics drafts the freight terms. SLOI AI generates all of it in seconds from a single deal approval click.
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Gulf origin — US bank familiarity
Saudi Aramco and ADNOC are among the highest-rated counterparties in global commodity trade — investment-grade sovereign entities with deep relationships at US bank trade finance desks. Gulf-origin transactions face minimal counterparty risk questions compared to opaque intermediary chains or unfamiliar trading houses.
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No percentage of LC value
Traditional commodity brokers and trade facilitators charge 0.5–2% of deal value. On a $5M rebar import, that's $25,000–$100,000 — for the same document package SLOI AI generates. No percentage, no hidden markup. Transparent pricing regardless of cargo size.
Gulf supply.
US bank
LC-ready.

Submit your commodity specification. The engine sources from OFAC-clean Gulf origins, negotiates Platts-linked pricing, and delivers a complete UCP 600 document package the moment you approve. No percentage. No broker margin. Transparent pricing.

Submit sourcing request → Talk to our team
OFAC-compliant · UCP 600 document package · SGS quality cert · Boss approval on every deal