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CIF Transaction and Letter of Credit Settlement Flowchart

Tipo FluxogramaNorma Sugiyama layered DAG + orthogonal routingMecanismo schematex-flowchartAtualizado 04/10/2026
CIF Transaction and Letter of Credit Settlement Flowchart
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O cenário

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.

O que há neste desenho

Entenda as decisões por trás dele.

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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