Home Letter of Credit Discrepancies

Letter of Credit Discrepancies

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...
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...
intended vessel discrepancy

Intended Vessel Discrepancy

There are two main types of bills of lading available on the market, in terms of shipment notations: “Received for shipment...” bill of lading...
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...
certificate of origin discrepancy

Certificate of Origin Presented Instead of a GSP Form A Discrepancy

The certificate of origin verifies the country in which the goods to be exported were originally manufactured. The certificate of origin could be issued on paper...
container number discepancy

Container Number not in Accordance with the Bill of Lading Discrepancy

Container number is a unique reference number assigned to a freight container so that the container can be traced and tracked by the government...
proforma invoice discrepancy

Proforma Invoice Presented Instead of a Commercial Invoice Discrepancy

A proforma invoice is a commercial document, usually prepared during the negotiation stage of the order. A proforma invoice is a quote in an invoice...
costs additional to freight

Costs Additional to Freight Discrepancy

Letter of credit rules allow transport documents to show costs additional to freight. However, some banks especially in certain countries, prohibit costs additional to freight...
certificate of origin inconsistent certificate of origin discrepancy

Origin of Goods Inconsistent with the Letter of Credit Discrepancy

A certificate of origin should certify the origin of the goods. When a letter of credit indicates the origin of the goods and requesting presentation...
multimodal bill of lading shipment route discrepancy

Transport Route Not As Per Letter of Credit Discrepancy

According to the letter of credit rules, each shipment needs to be verified by a corresponding transport document and must follow the route, that...
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