What are the top 10 discrepancies in letters of credit?
You can eliminating most of discrepancies in a letter of credit presentation if you will understand the top 10 discrepancies in letters of credit. 

 





























.
late-presentation-discrepancy-letter-of-credit-2
Most common discrepancy 4 : Late Presentation
  • Example : Letter of credit requires presentation of a bill of lading with the details below.
31D: Date and Place of Expiry
130121CHINA
46A: Documents Required
FULL SET OF CLEAN SHIPPED ON BOARD OCEAN BILLS OF LADING DRAWN TO THE ORDER OF UNITED BANK LTD, SANA'A YEMEN SHOWING FREIGHT PREPAID AND MARKED NOTIFY APPLICANT.
48 : Period for Presentation
21 DAYS
  • We have to complete the presentation not later than 21 days after the bill of lading date.






Letter of Credit | About Us | Our Services | Contact | CDCS | Certified Documentary Credit Specialist |© 2009-2010 Letter of Credit Consultancy Services. All rights reserved. Best view with 1024 X 768 resolution.                                                                                         | Privacy Policy |Hi, my name is Ozgur Eker(CDCS). You can connect with me either via my contact form or Google Plus.
letterofcredit.biz is your gateway to International Trade Finance World designed & developed by a Certified Documentary Credit Specialist.