Home Letter of Credit Discrepancies Multimodal Bill of Lading Discrepancies

Multimodal Bill of Lading Discrepancies

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...
Consignee Different than Letter of Credit Discrepancy

Consignee Different Than Letter of Credit Discrepancy

Consignee field on the multimodal bill of lading must be completed according to the instructions stated in the letter of credit. In a contract of...
Place of Receipt on a Multimodal Bill of Lading Different than the Letter of Credit Discrepancy

Place of Receipt Different than the Letter of Credit Discrepancy

Multimodal bill of lading is a type of transport document, that is used when the shipment covers at least two different modes of transport. On...

Notify Different Than Letter of Credit Discrepancy

Notify party is the institution, to whom the shipping company informs the arrival of the cargo. A transport document covering at least two different modes...
multimodal bill of lading discrepancies

Multimodal Bill of Lading Discrepancies

Multimodal transportation is the movement of one unit load from origin to destination by several methods or transportation under one document without breaking up the unit...
Multimodal Bill of Lading Late Shipment Discrepancy

Multimodal Bill of Lading Late Shipment Discrepancy

Most commercial letters of credit rely on shipment of goods to perform its role. Under a typical commercial letter of credit, the exporter ships the...
Multimodal Bill of Lading Does Not Cover At Least Two Different Modes of Transport Discrepancy

Multimodal Bill of Lading Does Not Cover At Least Two Different Modes of Transport...

A transport document covering at least two different modes of transport is regarded as a multimodal bill of lading according to the letter of...
Description of Goods on the Multimodal Bill of Lading is Inconsistent Discrepancy in Letters of Credit

Description of Goods on the Multimodal Bill of Lading is Inconsistent Discrepancy

According to the letter of credit rules, the commercial invoice must contain a description of goods, which corresponds to that indicated in the credit. Other...
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...
Unclean Multimodal Bill of Lading Presented Discrepancy

Unclean Multimodal Bill of Lading Presented Discrepancy

Banks accept only clean transport documents. Banks do not accept any unclean transport document such as unclean bill of lading, unclean multimodal bill of lading,...
- Advertisement -

MOST POPULAR

LATEST POSTS