A major Bank has stated that almost 50% of all documents submitted under 'Letter of credit' payment terms are rejected due to incorrect completion.

For several years, the Tower Group has provided the facility of a complete documentation service to clients.

This has proved a boon, particularly to the small exporter, enabling him to enjoy expertise not readily available within his own organisation at a minimal extra cost.

By avoiding costly mistakes, prompt settlement of the client’s invoice is assumed, with all the resultant advantages to the cash flow.