What should I do if the documents are inconsistent? 10

If it has been sent to the issuing bank, it is still within the validity period of the L/C, and you can exchange the document (send the changed documents to the issuing bank again, and you can request the previous documents to be sent back or destroyed on the spot);

If it is not within the validity period of the letter of credit, contact the customer and ask the customer to accept the discrepancy redemption order first (if the customer is affected by the discrepancy of the documents, the modified documents can be sent directly to him).

In this case, the following methods can be used:

1 Negotiated by guarantee. The beneficiary issues a letter of guarantee acknowledging the defects in the documents, stating that if the issuing bank refuses to pay, the beneficiary shall reimburse the negotiating bank for the advance payment and expenses, and at the same time call the issuing bank to authorize the issuing bank to make payment.

2 Table. The negotiating bank lists the discrepancies on the letter and solicits the opinions of the issuing bank, and the issuing bank contacts the applicant whether it agrees to pay. After receiving a positive reply, the negotiating bank will negotiate immediately. If the applicant does not accept it, the issuing bank will refund the bill, and the negotiating bank will refund the bill to the beneficiary.

3 Lift. For the time being, the negotiating bank does not send the bill to the issuing bank, but notifies the issuing bank of the document discrepancies by telex. If the issuing bank agrees to pay, it will negotiate and send the bill, and if it does not agree, the beneficiary can collect the bill as soon as possible and try to correct it.

4 Licensed Collection. If there is a serious discrepancy in the documents, or the validity period of the L/C has expired, and the L/C in hand can no longer be used, the bank can only be entrusted to indicate in the letter to the issuing bank that "the documents under the L/C shall be processed for collection", which is called "certified collection" as a distinction. The general collection is called "unlicensed collection".

Since the applicant has already refused to accept the documents because of the inconsistencies, the collection of certificates is often refused, which is actually a last resort.

Legal analysis: complete documents refer to the tax refund copy of the customs declaration form, the tax refund copy of the verification form, the factory VAT invoice tax refund copy, the tax refund copy of the export rubber high service ticket, the packing list, the invoice, the loading list, the internal contract and the external contract, the detailed list is complete, and the incomplete documents refer to the lack of one or more documents.

Legal basis: Negotiable Instruments Law of the People's Republic of China

Article 22 The bill of exchange must record the following matters:

a) the words "bill of exchange";

2) Entrustment of unconditional payment;

c) the amount determined;

4) the name of the payer;

5) the name of the beneficiary;

6) the date of ticket issuance;

7) Signature of the drawer.

If one of the items specified in the preceding paragraph is not recorded on the bill of exchange, the bill of exchange shall be invalid.

Article 75 The promissory note must contain the following particulars:

1) The words "promissory note";

b) a commitment to pay unconditionally;

c) the amount determined;

4) the name of the beneficiary;

5) the date of ticket issuance;

6) The signature of the person who makes the noise.

If any of the items specified in the preceding paragraph are not recorded on the promissory note, the promissory note shall be invalid.

Complete documents refer to the customs declaration form tax rebate copy, verification form tax rebate copy, factory VAT invoice tax refund copy, export invoice tax refund copy, packing list, invoice Pimeng, loading list, preparation only internal contract and external contract, complete schedule, incomplete documents refer to the lack of one or more documents.

Legal basis: Negotiable Instruments Law of the People's Republic of China

Article 22 The bill of exchange must record the following matters:

a) the words "bill of exchange";

2) Entrustment of unconditional payment;

c) the amount determined;

4) the name of the payer;

5) The name of the beneficiary is imitated;

6) the date of ticket issuance;

7) Signature of the drawer.

If one of the items specified in the preceding paragraph is not recorded on the bill of exchange, the bill of exchange shall be invalid.

Article 75 The promissory note must contain the following particulars:

1) The words "promissory note";

b) a commitment to pay unconditionally;

c) the amount determined;

4) the name of the beneficiary;

5) the date of ticket issuance;

6) The signature of the drawer.

If any of the items specified in the preceding paragraph are not recorded on the promissory note, the promissory note shall be invalid.

Legal analysis: complete documents refer to the tax refund copy of the customs declaration form, the tax refund copy of the verification form, the factory VAT invoice tax refund copy, the export invoice tax refund copy, the packing list, the invoice, the bill of loading, the internal contract and the external contract, the detailed list is complete, and the incomplete documents refer to the lack of one or more documents.

Legal basis: Negotiable Instruments Law of the People's Republic of China

Article 22 The bill of exchange must record the following matters: noisy and envious.

a) the words "bill of exchange";

2) Entrustment of unconditional payment;

c) the amount determined;

4) the name of the payer;

5) the name of the beneficiary;

6) The date of the auction of the ticket;

7) Signature of the drawer.

If one of the items specified in the preceding paragraph is not recorded on the bill of exchange, the bill of exchange shall be invalid.

Article 75 The promissory note must contain the following particulars:

1) The words "promissory note";

b) a commitment to pay unconditionally;

c) the amount determined;

4) The name of the payee;

5) the date of ticket issuance;

6) The signature of the drawer.

If any of the items specified in the preceding paragraph are not recorded on the promissory note, the promissory note shall be invalid.

Different, Documentary Trading: The literal translation of English walkthrough means a complete set of business processes from the beginning of the business to the end of the business - generally to the end of financial accounting. Documentary is to follow the evidence left by these businesses that have occurred - all kinds of evidence, documents, statements, etc. - to repeat the simulation of the business process Documents in a broad sense refer to all the written documents involved in the international **, including contract documents, letters of credit, bills, and documents.

But this definition is not very useful. Generally speaking, the documents we talk about mainly refer to the letter of credit and some documents for negotiation.

The main job of the merchandiser is to track the flow of products (services) and supervise the implementation of orders in the process of business process operation, based on customer orders, and is one of the basic talents for enterprises to carry out various businesses, especially foreign trade business. A qualified merchandiser needs to have comprehensive knowledge of export sales, logistics management, production management, documentation and customs declaration. The international business document clerk deals with the production and inspection of documents in the process of international commodity sales (solving the process of documents from scratch).

His scope of work includes a series of business activities including certificate collection, verification, document preparation, blank document review, document submission, and filing. The work of the document clerk is to produce documents that meet the requirements of the letter of credit and the contract, and to achieve smooth settlement and collection of foreign exchange.

In order to achieve the consistency of the documents, the bank must review all the documents reasonably and carefully, and ensure that the type, content and number of copies of the documents submitted by the beneficiary, and even the wording must be completely consistent with the provisions of the L/C. On the other hand, if the actual goods are correct but the documents do not conform to the provisions of the L/C on the surface, the bank will be liable, and the applicant can refuse to pay for the redemption on this basis.