AI-Powered Letter Of Credit Cost Calculator

Get instant estimates of bank fees, charges, and LC issuance costs.

1. Deal Specifics

Max Liability: $110,000
Calculated Duration
90 Days
Chargeable Quarters
1 Qtr(s)

2. Bank Rates & Fees

%
%

3. Scenarios & Contingencies

Adds a risk premium based on country/bank risk.

%

Include penalty fee for rejected documents.

Total Estimated Cost
$ 0.00

Effective Rate: 0.00% of LC Value

A. Opening / Issuance
Issuance Fee (1 Qtr) 0.00
SWIFT (MT700) 0.00
B. Post-Shipment / Handling
Negotiation Fee 0.00
Advising Fee 0.00
Courier 0.00
C. Contingencies
Confirmation Fee 0.00
Discrepancy Penalty 0.00

Estimates only. Actual bank charges may vary.

LC Calculator (LC) – Letter of Credit Cost Calculator

What is an LC Calculator?

An LC Calculator is a digital tool designed to estimate the total costs associated with issuing and managing a Letter of Credit (LC) in international trade. It considers bank fees, transaction charges, risk premiums, and contingencies, providing exporters and importers with a clear view of LC-related expenses.

How can an LC calculator help you?

The LC Calculator helps businesses plan and manage trade finances efficiently. By providing instant cost estimates, it allows users to budget accurately, compare financing options, and minimize unexpected charges in cross-border transactions.

How do LC calculators work?

LC calculators work by taking key trade details such as LC value, currency, duration, and tolerance levels. They then apply bank fees, commission rates, SWIFT charges, advising fees, and any contingency costs like discrepancy penalties to generate a total estimated cost and effective rate for the LC.

How to use Grains Global’s LC calculator?

  • Enter LC deal specifics, including currency, amount, and issue/expiry dates.
  • Input bank fees, commission rates, and other charges.
  • Include optional scenarios like confirmation requirements or discrepancy penalties.
  • View the total estimated cost, effective rate, and a breakdown of fees for clear financial planning.

Advantages of using Grains Global’s LC calculator

  • Instant and accurate LC cost estimation.
  • Transparent breakdown of bank and transaction fees.
  • Scenario simulation for risk management.
  • Helps optimize trade finance decisions.
  • Easy-to-use interface integrated within a trusted AI-powered platform.

FAQs

USD, EUR, GBP, and more.
It provides estimates for standard LC fees; actual charges may vary by bank.
Yes, you can include confirmation requirements and discrepancy penalties.
Absolutely, it simplifies LC cost estimation even for beginners.
Yes, you can adjust rates and fees to see different cost scenarios.

Technology That Powers Global Trade
— Simply, Securely, Smartly.

Experience end-to-end visibility, multi-bank finance, and verified trading — all in one powerful platform.
Digitize your trade, compare finance instantly, and transact securely with verified global partners.

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