Presentation – Top 10 Letter of Credit Discrepancies

Most frequently seen letter of credit discrepancies...

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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 China

46A: 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.
late presentation discrepancy example