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-data-discrepancy-lc-2
Most common discrepancy 2 : Incorrect Data

  • Example : Letter of credit asking a bill of lading which should be showing “Port of Loading” as “Newark Port USA” as belows, 
                  44E:Port of Loading/Airport of Departure
                  NEWARK PORT USA
  • If presented bill of lading is showing “Port of Loading” place as “Port of Philadelphia USA” than you will be receiving an incorrect data discrepancy.






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