Linc
Group
has been in the export business for over 100 years. Shipping
is our lifeblood. Our Clients are our Partners in world trade.
Together we plan for tomorrow. With the increased competition
in the worldwide markets, working with us you can be confident
your exports will arrive safely and economically.
For more information see:
Export Packaging
Our comprehensive service range includes:
- Case/crate manufacture and packing at customers premises
- Climatic packaging
- Machine base cases BER
- Shrink wrapping
As an essential module in our comprehensive export services, Linc Group’s
Export Packing Division offers an unparalleled range of export packing services
to suit the needs of every exporter.
Our Export Packing Division is fully integrated with our Export Operations
Control as there are important factors to be considered other than merely
supplying a robust case or crate for your valuable shipment. For example:
- When does the Letter of Credit expire? -
is key
- Depending on the country of destination, what packing materials are to
be avoided? - knowledge of regulations is vital
Insurance
At Linc Group we understand that shipments
must be comprehensively covered for all eventualities. That’s why we
regard it as our duty to provide clients with a choice of the full range of
insurance products and to advise them on which product is most suitable for
them. Your Linc Group account manager is ready to discuss and arrange appropriate
insurance cover with you, so you can enjoy complete peace of mind.
All insurance arranged by Linc Group is underwritten by Lloyds of London.
Export Documentation
SITPRO’s Letter of Credit report
of February 2003 estimates that the UK lost £113 million in one year
through non compliant documents being presented under Letters of Credit!
Financial security for both buyer and seller is a vital consideration in any
international trade transaction. Problems with Letters of Credit can start
before they are received by you.
Linc Group provides the guidance to meet your criteria. Excessive and unnecessary
documentation causes both confusion and delays. By opening the Letter of Credit
correctly, both you and your overseas customer will save time and money.
Once opened Linc Group will scrutinise the L/C for potential pitfalls and, if needs
be, approach the overseas customer in order to obtain an amendment.
By liaising closely with you, Linc Group will then arrange the movement of the consignment
and in due course prepare all documents required under the terms of the L/C.
Linc Group can present those documents to the Confirming/Advising Bank and monitor process
through the banking system until final payment is made direct to you.
Just 4 of the top ten discrepancies leading to rejection of documents (SITPRO
February 2003)
- Inconsistent data
- Late shiping
- Late presentation
- Incorrect goods description.
Export Operations
The Linc Group service can offer you
- Planning & Estimating
- Shipping
- Insurance
- Packing & Haulage
- Documentation
Linc Group staff are totally committed to and work closely with clients. You can take
advantage of our experience and purchasing power so that your exports arrive
at destination in the most economical way possible. In turn your overseas customer
receives your goods efficiently and on-time and returns to you for repeat business.
By listening to the requirements of our Clients we determine together the best
way forward. We become you and work as one unit. By working together in this
way the world becomes a smaller place.
Let Linc Group become your worldwide distribution partner.
Letter of Credit Payment Sequence
A major worry in international sales
is payment. No seller wants to go to the expense of manufacture, packing and
shipment before receiving firm assurances readily ascertainable and enforceable
that payment will be made. No buyer wants to pay before and unless there is
certainty that the goods and documents confirming to the contract are on their
way. A Letter of Credit removes these issues by concentrating on the negotiation
of the shipping documents between the seller and buyer.
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