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TITLE(s): LETTER-OF-CREDIT DOCUMENT EXAMINER (financial) Authorizes payment on letters of credit used in international banking: Examines documents, such as bills of lading, certificates of origin, and shipping manifests, for accuracy and completeness and to ensure that conditions of letters of credit are in accordance with establishment policy and international uniform custom and practice. Verifies document computations, using calculator. Talks with customers and recommends acceptable wording for letters of credit. Explains regulatory and legal implications of terms and conditions, including U.S. trade restrictions. Instructs workers in preparing amendments to letters of credit. Contacts foreign banks, suppliers, or other sources to obtain required documents. Authorizes method of payment against letter of credit in accordance with client instructions. GOE: 11.06.03 STRENGTH: S GED: R5 M4 L4 SVP: 7 DLU: 89 |
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TITLE(s):
LETTER-OF-CREDIT DOCUMENT EXAMINER (financial)
Authorizes payment on letters of credit used in international banking: Examines documents, such as
bills of lading, certificates of origin, and shipping manifests, for accuracy and completeness and
to ensure that conditions of letters of credit are in accordance with establishment policy and
international uniform custom and practice. Verifies document computations, using calculator. Talks
with customers and recommends acceptable wording for letters of credit. Explains regulatory and
legal implications of terms and conditions, including U.S. trade restrictions. Instructs workers in
preparing amendments to letters of credit. Contacts foreign banks, suppliers, or other sources to
obtain required documents. Authorizes method of payment against letter of credit in accordance with
client instructions.
GOE: 11.06.03 STRENGTH: S GED: R5 M4 L4 SVP: 7 DLU: 89
© 1995 - 2015 Photius Coutsoukis and Information Technology Associates (All Rights Reserved). Revised 26-May-03