Analysis on Flexible Handling and Prevention of Discrepancies in Documents

Abstract

Letter of credit is one of the common payment methods in international trade. Under the payment method of L/C, “Document-letter of credit-consistent”, “documents-consistent”, and “documents-goods-consistent” are the prerequisites for exporters to receive foreign exchange safely. Negligence in the work of relevant foreign trade agencies, the existence of soft clauses or inconsistent clauses in the letter of credit, and mistakes in the beneficiary’s business operations, etc., resulted in discrepancies in the submitted documents, which were rejected by the issuing bank. In order to avoid and prevent discrepancies in the documents, it requires the document staff to be proficient in the communication of documents and related conventions, strictly examine the documents and perform the contracts, and prepare and present the documents as soon as possible. In order to prevent and prevent the occurrence of discrepant documents. The author of this paper has put forward many suggestions on how to deal with the discrepancies in the documents based on years of experience in foreign trade front-line work, which has certain guiding significance for the majority of foreign trade workers.