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. 


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.

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.