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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inconsistency-in-docs-discrepancy
Most common discrepancy 1 : Inconsistency in Documents

  • Data on each document presented under a letter of credit must be consistent to each other. 
  • UCP 600 states that "Data in a document, when read in context with the credit, the document itself and international standard banking practice, need not be identical to, but must not conflict with, data in that document, any other stipulated document or the credit.”






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