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
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...
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...
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...
Costs Additional to Freight
If a letter of credit indicates that costs additional to freight are not acceptable, a transport document is not to indicate that costs additional...
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...
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 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...
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...
Bill of Lading Discrepancies
On this post, you can find most common bill of lading discrepancy examples.
Discrepancy can be defined as an error or defect, according to the...
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