SONCAP Certification for Nigeria

When clients request O/A terms, take precautions. Conduct a credit check, buy export credit insurance, set a credit limit, reconcile regularly. O/A can work but only with proper controls. One bad debt wipes out months of profit.

L/C document checking is a technical skill. Common discrepancies: invoice exceeds L/C amount, shipment after deadline, inconsistencies between documents. Any discrepancy can trigger bank refusal. Check meticulously.