1. For the misunderstanding of the short-term terms of the letter of credit, the amount and quantity of the documents are wrong.
Generally speaking, if the letter of credit has a clear definition of the amount and quantity, it must be issued in accordance with the requirements; if the letter of credit is not clearly defined, it can be 5% short. What is to be said here is that according to the UCP500 clause, if the unit of measurement is one, only, etc., this rule is not practical.
2. The name and address of the drawee of the draft are incorrect.
Here you should pay attention to the difference between the payment line and the payment line.
3. The name, address, etc. of the beneficiary in the invoice are inconsistent with the description of the credit.
4. The currency name of the bill of exchange, invoice, insurance policy, etc. is inconsistent or does not meet the requirements of the letter of credit.
5. The description of the goods on the invoice is not exactly the same as the description of the letter of credit.
6. The type of certificate required to be certified or confirmed, the issuer, etc. do not meet the requirements of the letter of credit.
7. There is no inconsistency between the name, quantity, unit of measurement, description of Shantou, and net weight of wool.
8. The original document does not display the original text or the number of submitted copies is insufficient.
9. The bill of lading or insurance policy lacks the relevant signature or seal and is not endorsed as required.
10. The port of discharge in the bill of lading, the destination is issued incorrectly, and there are bad comments.
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