Monday, January 27, 2020
Home Authors Posts by Ozgur Eker (CDCS)

Ozgur Eker (CDCS)

345 POSTS 0 COMMENTS
Hello. My name is Ozgur Eker. Since 2009, I am a professional and independent letter of credit consultant from Izmir, Turkey. I have a bachelor's degree in business administration and master's degree in international trade and finance; awarded with CDCS (Certified Documentary Credit Specialist) two times between (2010-2013) and (2013-2016).
unclean bill of lading discrepancy

Unclean Bill of Lading Discrepancy

A clean bill of lading is a type of transport document, which bears no clause or notation, which expressly declares a defective condition of...
partial shipment discrepancy

Partial Shipment Discrepancy

The importer and exporter should determine, when signing the sales contract, to allow or prohibit partial shipments. Partial shipment can be defined as shipping the...
gross weight discrepancy

Gross Weight is Different on Documents Discrepancy

In a letter of credit transaction, the gross weight must show the same value on all presented documents. As an example, the gross weight on...
late shipment discrepancy

Late Shipment Discrepancy

Documentary credits often include a "latest date of shipment". Latest date of shipment is one of the most important definitions in commercial documentary credits. As...
port of discharge discrepancy

Port of Discharge Different Than Letter of Credit Discrepancy

A bill of lading is a generic term for a transport document, that covers transport by sea from a port of loading to a...
port of loading discrepancy

Port of Loading Different Than Letter of Credit Discrepancy

A bill of lading is a generic term for a transport document, that covers transport by sea from a port of loading to a...
discrepancies

Discrepancies

The issuing bank or the confirming bank must pay the credit amount to the beneficiary, when they determine that the presentation is complying. The complying...
high letter of credit fees and commissions

How to Deal with High Banking Commissions under Letters of Credit?

No matter how many advantages letters of credit have, they have one big disadvantage. They are expensive. As a result, you should understand your costs...
discrepancy fee

Discrepancy Fee

Discrepancy can be defined as an error or defect, according to the issuing bank, in the presented documents compared with the documentary credit, the UCP...
confirmation fee

Confirmation Fee

Confirmation fee can be defined as charges collected by the confirming banks, against the risks they will be having to posses by confirming the...
- Advertisement -

MOST POPULAR

LATEST POSTS