Then establish a checklist. A clear letter of credit leads to correct compliance. A defective letter of credit does not. The export administration should examine the letter of credit and may seek the assistance of the export marketing department if amendment is required, in order to contact the buyer and the issuing banker. Plan for compliance.
Proper planning is necessary for proper compliance.
Plan for arranging the stipulated products and documents. Plan for timely delivery and presentation. This is a crucial step, for which the export administration department must have capability. The export manager must be competent for this task. He should have the skills of organizing and coordinating activities to implement the plan.