Discrepancies & Rejections
Why banks refuse documents, the most common discrepancies and how to prevent them.
- Common Letter of Credit Discrepancies and How to Avoid Them
The discrepancies banks find most often in Letter of Credit presentations — late shipment, late presentation, conflicting data, missing documents — and how to catch them first.
- How to Check Letter of Credit Documents Before Bank Submission
A step-by-step method to check your Letter of Credit documents against the credit before you present them to the bank.
- Late Presentation Under a Letter of Credit: The 21-Day Rule
How the presentation period works under UCP 600, how to calculate your real deadline and what happens if you're late.
- What Is a Letter of Credit Discrepancy? Definition and Examples
What a discrepancy means under a Letter of Credit, why it matters for payment, and realistic examples of how one arises.
- What Happens When a Bank Rejects Letter of Credit Documents?
The steps a bank must follow when it refuses a Letter of Credit presentation, and the options the beneficiary has.
- Letter of Credit Discrepancy Waiver: Who Gives It and What Follows
How a discrepancy waiver works under a Letter of Credit, who decides, and what it means for the beneficiary's payment.
- Goods Description Discrepancies Between the Letter of Credit and Invoice
How banks compare the invoice goods description with field 45A of a Letter of Credit, and how to avoid a mismatch.
- Invoice Amount Mismatch Under a Letter of Credit: How to Check It
How to check the invoice amount against the Letter of Credit amount, tolerance and partial shipment rules.
- Notice of Refusal Under a Letter of Credit: What to Review
How to read a bank's notice of refusal under a Letter of Credit and check whether it meets UCP 600 Article 16.
- Late Shipment Letter of Credit Discrepancy: Evidence and Remedies
How banks identify late shipment under a Letter of Credit and what an exporter can do about it.
- Missing Documents Under a Letter of Credit: What to Do Before Presenting
How to spot missing documents or originals before presenting under a Letter of Credit, and the options if one cannot be obtained.
- Letter of Credit Document Data: Not Identical vs Conflicting
How UCP 600 Article 14(d) treats data that differs between Letter of Credit documents.
- Corrections and Alterations in Letter of Credit Documents: Common Risks
When corrections on Letter of Credit documents need authentication, and how to avoid related discrepancies.
- Expired Letter of Credit: Can Documents Still Be Presented?
What happens when documents are presented after a Letter of Credit has expired, and the limited exceptions.
- Name and Address Differences in Letter of Credit Documents: What Matters?
How UCP 600 Article 14(j) treats differences in beneficiary and applicant addresses, and when name differences matter.
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