Document background
The LC Invoice is a fundamental document in international trade transactions involving letters of credit, specifically tailored to meet Indonesian regulatory requirements and international banking standards. This document type is used when parties engage in cross-border trade using a letter of credit as the payment mechanism, providing security and payment assurance to both exporters and importers. The LC Invoice must comply with Indonesian trade laws, particularly Law No. 7 of 2014 and Bank Indonesia regulations, while adhering to UCP 600 guidelines. It contains crucial details about the transaction, including precise descriptions of goods, pricing, shipping terms, and bank information, serving as both a commercial invoice and a document for letter of credit compliance. The document plays a vital role in facilitating international trade payments and ensuring regulatory compliance in Indonesian jurisdiction.
