What should be checked on invoice?

1. Invoice not titled as Proforma Invoice/Provisional Invoice (unless allowed in the L/C)
2. Commercial invoice not titled as Proforma Invoice/Provisional Invoice/Tax/Customs Invoice.
3. Invoice is issued and signed (If required) by the beneficiary in his letter head
4. Invoice is raised on applicant or in the name of the person indicated in the L/C
5. Invoice shows description of goods, Unit price, currency, incoterms as per L/C
6. Amount/qty mentioned in words is consistent with the amount/qty mentioned in figures
7. Incoterm in the invoice is consistent with the port of loading/port of discharge
8. Invoice does not include additional amount, not allowed by L/C
9. Invoice does not evidence shipment of free of charge goods
10. Invoice does not evidence shipment of goods not covered by L/C
11. Correction in Legalised/Certified Invoice is authenticated by the Legalised/Certified party

Tags: Letter of Credit, UCP 600, Invoice, documents, import, export, doc checkers, doc checker, document checking, ISBP, Trade, International Trade, Best practices in trade, LC, DC, documentary credit