8. Most Common Discrepancy 3: Late Shipment
Latest date of shipment is the latest date for loading on board/dispatch/taking in charge.
There are two important point needs to be taken care of:
- Latest date of shipment is the date of the transport document not your loading date from your factory. For example, if credit requires of a bill of lading as a transport document;Â the latest date of shipment is the on board date of bill of lading.
- Latest date of shipment will apply only if the credit request presentation of a transport document.
