11. Most Common Discrepancy 4: Late Presentation
- Example : Letter of credit requires presentation of a bill of lading with the details below.
31D: Date and Place of Expiry
130121 China46A: Documents Required
Full set of clean shipped on board ocean bills of lading drawn to the order of United Bank ltd, Sana’a Yemen showing freight prepaid and marked notify Applicant.48 : Period for Presentation
21 Days
- Exporter has to complete the presentation not later than 21 days after the bill of lading date.