7. Most Common Discrepancy 2: Incorrect Data
Example : Letter of credit asking a bill of lading which should be showing “Port of Loading” as “Newark Port USA” as below,
44E: Port of Loading/Airport of Departure
NEWARK PORT USA
• If presented bill of lading is showing “Port of Loading” as “Port of Philadelphia USA”,
then the beneficiary will be receiving an incorrect data discrepancy from the issuing bank.
