WIREFRAME — Trade Finance LC / SBLC Review Dashboard

Six adversarial checks

Compliance Flag

B/L not claused "freight prepaid" (CFR credit); goods desc not "as per LC" (Art. 27 / ISBP)

discrepant · curable

Consistency Flag

B/L shows 525 MT vs invoice / LC 500 MT; shipping marks conflict (Art. 14(d))

+25 MT conflict

Presentation Flag

Presented day 24 after shipment (2026-05-02 → 05-26); LC period is 21 days

3 days late

Valuation Reject

Invoice price $8,400/MT vs LME + contract $6,720/MT × 500 MT (25% over-invoiced → TBML)

−$840,000

Sanctions Reject

Carrying vessel + transhipment port on OFAC/EU advisory; notify-party beneficial owner → SDN

$4.2M at risk

Authenticity Reject

MT707 amendment unauthenticated; issuing-bank BIC no RMA; MT760 SBLC unverifiable (Olympus pattern)

instrument · block

Cards reveal in sequence during the demo. Green = comply (honour) · Amber = discrepant (refuse & notify, re-presentable) · Red = financial-crime / fraud (block & escalate). Each figure is traceable (see audit drawer).

Exception report

Document	Check	Finding	Claimed	Supported	Delta	Source
Commercial invoice	Valuation	Unit price $8,400/MT vs LME cash + sale-contract $6,720/MT × 500 MT — 25% over-invoiced (value transfer / TBML)	$4,200,000	$3,360,000	$840,000	LME 2026-05-02 · contract §4
Bill of lading	Consistency	B/L quantity 525 MT conflicts with invoice / LC 500 MT; shipping marks differ	—	—	+25 MT	UCP 600 Art. 14(d)
Bill of lading	Compliance	Not claused "freight prepaid" (CFR credit); not "to order / blank endorsed"	—	—	discrepant	UCP 600 Art. 27 · ISBP 821
Presentation	Presentation	Presented 2026-05-26 — 24 days after shipment 2026-05-02; LC presentation period 21 days	—	—	3 days late	UCP 600 Art. 14(c)
Parties / vessel	Sanctions	Carrying vessel + transhipment port on OFAC/EU advisory; notify-party beneficial owner linked to SDN listing	$4,200,000	—	$4,200,000*	OFAC SDN · EU CFSP · BAFT
MT707 / MT760	Authenticity	Amendment received unauthenticated; issuing-bank BIC has no RMA; supporting SBLC unverifiable — fictitious-instrument pattern	—	—	block	SWIFT RMA · MT7xx
Total over-stated / value at issue					$840,000	*plus $4.2M sanctions-blocked + instrument fraud → escalate

Recommended position

$1.52M

Honour

$1.84M

Refuse · discrepant

$840K

Escalate · fin-crime

Export Art. 16 notice + audit trail (PDF) Send to SWIFT / core trade platform (stub) Accept / override flags

Audit drawer (on click): Source = sale-contract §4 ($6,720/MT) + LME cash settlement 2026-05-02 vs commercial invoice $8,400/MT × 500 MT → $840,000 over-invoiced (25%). BAFT red flag — over-invoicing / value transfer; UCP 600 Art. 18(c). Recommendation: do not honour this portion; escalate to MLRO (TBML). Under Art. 16 the presentation is refused with a single notice; the bucket split is the value-integrity decomposition.

Desk trend — this corridor

$48.6M

flagged across 214 presentations screened YTD — the portfolio-level discrepancy + fraud view the checking-only incumbents don't surface

Bars = $ flagged per month · amber = above-threshold. Anchor: Olympus Greenport — €1.37B SBLC, "DO NOT PROCEED" — the same authenticity + over-invoicing pattern, caught here on a $4.2M drawing.

Mockup only — illustrative figures, no live engine. Final figures come from the six-check engine per DESIGN-trade-finance-lc-sblc-verification.md.

Presentation BP-0488

Desk trend — this corridor