INTEL
Status: blockedCLUSTERNovorossiysk-Turkish-Med Dark Fleet Cluster added — confirmedStatus: blockedCLUSTERPinnacle Petrol LLC added — likelyStatus: blockedCLUSTERSimar Chahal added — confirmedStatus: blockedCLUSTERSSW Kafcima added — likelyStatus: blockedCLUSTERNW Corp Singapore added — likelyStatus: pendingCORPUS429 entities · 64 countries
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Payment instrumentsdlc

DLC

Documentary Letter of Credit — same as LC, emphasising the document-presentation mechanic.

A Documentary Letter of Credit (DLC) is synonymous with an LC in oil-trade usage. The "documentary" adjective highlights the payment mechanic: the bank pays on documents (Bill of Lading, SGS certificate, etc.), not on physical inspection of the cargo.

Scam-circuit note: "DLC MT700 pre-advice" requests before any inspection or tank receipt are a red flag. Legitimate LCs are opened against an SPA, not before.

Related: LC, MT700, SBLC.

See also

lcmt700sblc

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