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...
Description of Goods Differs from the Letter of Credit Discrepancy
As per letter of credit rules and international standard banking practices a certificate of origin should not specify description of goods different than what...
Description of Goods is in Conflict with Other Documents Discrepancy
The packing list is a trade document, which shows the contents of the shipment in detail and acts as a supporting document of the commercial...
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 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
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...
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...
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...
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,...