Please wait, loading...

 
Monday - Friday8AM - 9PM
Offices16A, NOIDA 201301
Visit our social pages

Common Defects in Documentation of Letter of Credit - Trade finance India

Commonly found discrepancies between the letter of credit and supporting documents include:

  • Letter of Credit has expired prior to presentation of
  • Bill of Lading evidences delivery prior to or after the date range stated in the
  • Stale dated
  • Changes included in the invoice not authorized in the
  • Inconsistent description of
  • Insurance document errors.
  • Invoice amount not equal to draft
  • Ports of loading and destination not as specified in the
  • Description of merchandise is not as stated in
  • A document required by the credit is not
  • Documents are inconsistent as to general information such as volume, quality,
  • Names of documents not exact as described in the credit. Beneficiary information must be
  • Invoice or statement is not signed as stipulated in the letter of

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Trade Finance India Headquarters
“When it comes to money, ignorance is NOT bliss. What you don't know CAN hurt you.”
OUR LOCATIONSWhere to find us?
https://tradefinanceindia.com/wp-content/uploads/2019/04/img-footer-map.png
Singapore
London
Dubai
GET IN TOUCHTFI Social links
Trade Finance IndiaHeadquarters
“When it comes to money, ignorance is NOT bliss. What you don't know CAN hurt you.”
OUR LOCATIONSWhere to find us?
https://tradefinanceindia.com/wp-content/uploads/2019/04/img-footer-map.png
Singapore
London
Dubai
GET IN TOUCHTFI Social links

Copyright by tradefinanceindia.com. All rights reserved.

Copyright by tradefinanceindia.com All rights reserved.

× How can I help you?