Examination of Documents under LC and Collection

Examination of Documents under LC and Collection

Globally, on the first presentation, raising the discrepancy in documents is around 70% of cases. Though most of these transactions are ultimately accepted and paid, there are still losses for companies in terms of additional man-hours spent resolving the problems; costs in obtaining replacement or corrected documents to resolve the discrepancies; additional bank fees in respect of discrepancy charges; and loss of interest due to delay in receiving payment.

We offer full fledge training program for your export documentation team whereby your team will be able to know and rectify the discrepancies before the presentation of documents to the bank.

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