Document checker may be not aware.......

The forum is dedicated to all who deals with LCs. Please share your experiences, problems and opinions with us. You are requested to be confined to LC related issues only. Let us together discover the beauty of Letter of Credit. Thank and regards – admin; besttradesolution.com
Post Reply
User avatar
picant
Posts: 2026
Joined: Wed Aug 20, 2008 1:49 pm

Document checker may be not aware.......

Post by picant » Fri Apr 26, 2019 11:21 pm

Hi Pal,

a credit requires an invoice quoting LCA no. 123456 , the same credit requires B/L quoting LCA no.
Presented invoice quoting LCA no. 123456 and B/l quoting LCA no: 123654.
This is an oversight, a misspelling, but, in case of refutal may presenting bank state that document checker may be not aware of the meaning of LCA and restrict verification only that the datum LCA
is followed by a number?
Thanks to members that will answer to my question.
Ciao

AmjedCDCS
Posts: 7
Joined: Sat Apr 27, 2019 12:50 pm
First Name: Amjed
Last Name: Al-Ibrahim
Organization: Banque Saudi Fransi
Filter: Two Plus Two =: 4
Location: saudi Arabia

Re: Document checker may be not aware.......

Post by AmjedCDCS » Mon Apr 29, 2019 2:09 pm

valid discrepancy , numbers not consider under misspelling ,
LCA NUMBER like any required in the L/C , like PO number
AND LCA NUMBER should consist with other documents

any comments appreciated
regard's
Amjad

mihillol
Posts: 3
Joined: Fri Apr 26, 2019 6:50 pm
First Name: MI
Last Name: Hillol
Organization: Bank
Filter: Two Plus Two =: 4
Location: Bangladesh

Re: Document checker may be not aware.......

Post by mihillol » Fri May 17, 2019 12:20 pm

100 % valid discrepancy. Here the checker need not know the meaning of LCA. Here said LCA no. So, All the documents must show the same LCA no. as LC required presented documents

Post Reply