AI for documentary credit reviewers

Analyze Letters of
Credit. Prevent
Presentation Errors.

Veridraft turns complex trade finance documents into clear requirements, risks, deadlines, and next actions so teams can prepare with confidence.

Private and encryptedStructured source referencesHuman review controls
Veridraft — Overview
Live demo
Dashboard / Analyses / LC1234567890
LC1234567890Completed
ABC CORPORATION ⇄ GLOBAL SUPPLIES LTD.
OverviewChecklistDocuments & ConditionsPresentation Check
Risk scoring
Complete
Overall
72/ 100
Operational
68/ 100
Discrepancy
55/ 100
Timeline
61/ 100
Documentary
80/ 100
Expiry in 27 days
6 documents required
9 conditions
Discrepancies found — presentation would be refused
1 Critical
1 Major
1 Minor
CriticalBill of Lading46A.2
LC requires
Consigned to the order of JPMorgan Chase Bank, N.A.
Document shows
Consignee field shows “TO ORDER”.
Remedy: Have the carrier reissue the B/L consigned to the order of the issuing bank.
UCP 600 Art. 20(a)(iii)
0 discrepancies — presentation would be accepted
Commercial Invoice
Compliant
Bill of Lading
Compliant
Certificate of Origin
Compliant
Packing List
Compliant
Re-checked in 26s — clean pack ready
Re-running this package is free.Run discrepancies check
How it works

From PDF to confident decision in 4 simple steps.

Structured extraction, prioritized findings, and an operational checklist — grounded in the original document.

  1. STEP 01
    Upload your LC

    Drop in the SWIFT MT700 or bank-issued PDF. Files stay encrypted in transit and at rest.

  2. STEP 02
    AI extraction & review

    Veridraft extracts LC fields, requirements, risks and special conditions with confidence scoring.

  3. STEP 03
    Actionable report

    Prioritized checklist, document wording, deadlines and operational risks — ready to act.

  4. STEP 04
    Compare documents

    Upload your invoice, B/L and certificates — Veridraft examines the package against the LC and hands you every discrepancy with a remedy, before the bank sees it.

Structured
SWIFT-mapped
Every field bound to its tag
Findings
Prioritized
By severity and impact
Checklist
Grouped
By phase and timing
Grounded
Source-linked
Click through to the page
Pricing

Start free. Upgrade when the bank is waiting.

Every account starts with two full LC analyses. Document package checking — your presentation, examined against the credit before the bank sees it — is included from Starter.

Basic
$0to start

Try Veridraft on your next Letter of Credit.

  • 2 Letter of Credit analyses
  • 1 presentation check — your documents examined against the credit
  • Full structured breakdown & risk report
  • Operational checklist
Create free account
Starter
Most popular
$79/month

For exporters presenting documents every month.

  • 5 LC analyses per month
  • 5 document package checks per month
  • Discrepancy report with remedies
  • Deadline & expiry alerts
Start with Starter
Pro
$299/month

For trading desks running steady LC volume.

  • 25 LC analyses per month
  • 25 document package checks per month
  • Everything in Starter
  • Priority processing
Start with Pro
Enterprise
Custompricing

For teams that live in documentary credits.

  • 300 LC analyses per month
  • 300 document package checks per month
  • Unlimited users
  • Priority support
Start with Enterprise

Paid plans are activated from Settings → Billing after you create your account. Monthly allowances reset on the 1st (UTC). Cancel anytime.

Built for documentary credit reviewers

What Veridraft delivers

Reduce review risk

Catch inconsistencies, ambiguous wording, and policy gaps before documents reach the bank.

Save review time

Automate extraction and checklists so your team focuses on judgment, not manual reading.

Standardize decisions

Consistent assessments across teams and geographies with structured, source-grounded reports.

Protect sensitive documents

Encryption in transit and at rest, role-based access, and no training on your data.

How Veridraft works

From raw PDF to a
clean presentation.

Three moves. The same ones your team makes today — except each one now takes seconds, and nothing gets missed. Scroll to run each step.

STEP 01

Drop the LC. Watch it become structure.

Drag in the SWIFT MT700 or bank PDF. Veridraft reads every field and clause, resolves the issuing bank's identity, scores the risk, and populates your dashboard — pills, deadlines and suggestions included — in about thirty seconds.

SWIFT-mapped fieldsBank identity resolutionRisk scoring
Veridraft — New analysis
Live demo
Drop your LC — PDF or MT700
PDF
250522_LC_EXACA204700.pdf
Analyzed in 28s · V2 pipeline
:31DDate & place of expiry20 JUN 2025 · INDIA
:32BCurrency & amountUSD 64,466.39
:46ADocuments required6 documents
:47AAdditional conditions9 conditions
HDFC BANK LIMITED · HDFCINBB · INIdentity resolved
Risk scoringComplete
Overall
0/ 100
Operational
0/ 100
Discrepancy
0/ 100
Timeline
0/ 100
Documentary
0/ 100
Expiry in 27 days
6 documents required
9 conditions
STEP 02

Drop your originals. Every line gets examined.

Upload the documents you intend to present. Veridraft checks them side-by-side against the credit — flagging each mismatch with severity, the exact wording the LC demands, and the remedy — before the bank ever sees the package.

Side-by-side examinationUCP 600 groundedRemedies, not just errors
Veridraft — Presentation Check
Sample LC
Letter of Credit
Field 46A · required documents
46A.1Full set 3/3 original B/L
46A.1Marked freight prepaid
46A.2Consigned to order of HDFC BANK LTD
46A.3Clean on board
44CShipment not later than 30 MAY 2025
46A.4Notify applicant ABC CORPORATION
Bill of Lading
As presented · page 1 of 2
B/L3/3 originals presented
B/LFREIGHT PREPAID
B/LConsignee: TO ORDER
B/LClean on board — no clauses
B/LOn board 01 JUN 2025
B/LNotify: ABC CORPORATION
CriticalBill of Lading46A.2
Consignee shows "TO ORDER" — LC requires consigned to the order of HDFC BANK LIMITED.
MajorShipment date44C
On-board date is 2 days after the latest shipment date. Remedy: request an amendment or re-book.
Discrepancies found — presentation would be refused
STEP 03

Amend. Present clean.

Apply the fixes, re-check in seconds, and walk to the counter with a clean pack. Every amendment is tracked, every document accounted for — zero discrepancies, zero refused presentations.

One-click re-checkAmendment trackingPresentation-ready pack
Veridraft — Amendment & re-check
Sample LC
Required wording — B/L consignee
Consignee: TO ORDER
Consigned to the order of HDFC BANK LIMITED, notify applicant.
UCP 600 Art. 20(a)(iii) · amendment tracked
Re-checking package…
Commercial InvoiceCompliant
Bill of LadingCompliant
Certificate of OriginCompliant
Packing ListCompliant
0 discrepancies — presentation would be accepted
Every document accounted for.Presentation-ready pack
The whole loop — upload, check, amend, present — in one afternoon.
Analyze your first LC free
Disclaimer

Veridraft provides decision support for reviewers of documentary credits. It does not replace examination by the issuing, advising, or nominated bank, and does not constitute legal advice. Findings should be validated against the original document and applicable rules (UCP 600, ISBP, and local practice) before acting.