6. Most Common Discrepancy 2: Incorrect Data
- UCP 600 states that ” A nominated bank acting on its nomination, a confirming bank, if any, and the issuing bank must examine a presentation to determine, on the basis of the documents alone, whether or not the documents appear on their face to constitute a complying presentation.”
- If the exporter enters a data in any requested document resulting a conflict with the credit terms and conditions, then the exporter will receive an incorrect data discrepancy.
