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. 

 





























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incorrect-endorsement-discrepancy-letter-of-credit
Most common discrepancy 9 : Incorrect Endorsement / Absense of Endorsement

  • If a bill of lading is issued to order or to order of the shipper, it must be endorsed by the shipper. 
  • The draft must be endorsed, if necessary.
  • If a signature or endorsement is required to be on a document consisting of more than one page, the signature is normally placed on the first or last page of the document, but unless the credit or the document itself indicates where a signature or endorsement is to appear, the signature or endorsement may appear anywhere on the document.







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