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CIF Transaction and Letter of Credit Settlement Flowchart

Tipo Diagrama de flujoNorma Sugiyama layered DAG + orthogonal routingMotor schematex-flowchartActualizado 4/10/2026
CIF Transaction and Letter of Credit Settlement Flowchart
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El escenario

A Brazilian exporter sells iron ore to a Chinese buyer under CIF Incoterms, settled via irrevocable letter of credit. The flowchart maps from contract signing through document presentation, bank checks, payment, and final delivery.

Qué hay en este dibujo

Lee las decisiones que hay detrás.

01

Do presented shipping documents comply with L/C terms?

02

Will the buyer waive discrepancies in documents?

Use for any CIF commodity trade with letter of credit settlement, particularly bulk shipments requiring marine insurance and customs clearance.

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