Tuesday, February 25, 2020
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Bill of Lading Discrepancies

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...

Blank Back Bill of Lading Not Acceptable

A Blank Back Bill of Lading, also known as Short Form Bill of Lading, is a type of transport document that does not include...
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...
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...
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...
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...
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...
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...
carrier not identified discrepancy

Carrier Not Identified and Bill of Lading Not Signed As Per UCP 600 Discrepancy

Bill of lading is a very important transport document, because it is suppose to evidence of contract of carriage, a receipt of goods by...
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...
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