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...
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...
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...
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...
Commercial Invoice Discrepancies
On this page, you can find most common discrepancy examples related to the commercial invoice.
Invoice is a commercial document. A commercial invoice is a required document...
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...
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...
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...
Top 5 Discrepancies in a Commercial Invoice
Commercial invoice is one of the key documents in a letter of credit transaction.
Almost all documentary credits, either commercial or standby, requesting a commercial invoice...
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...
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