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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lc-discrepancy-definition
What is a discrepancy?
  • There is no direct definition of a discrepancy under current letter of credit rules, UCP 600.
  • Discrepancy can be defined as inconsistencies on the documents which are presented to the banks under letters of credit transactions.





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