Invoice Showing Down Payment Not Mentioned By LC

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TradeLaporte
Posts: 165
Joined: Sat Nov 24, 2012 12:40 pm
First Name: ART
Last Name: TRATADOLIBRE
Organization: Trade Co
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Location: United States

Invoice Showing Down Payment Not Mentioned By LC

Post by TradeLaporte » Sun Jul 13, 2014 10:06 am

Dear members

In your expert opinion will you consider discrepancy if invoice presented shows a down payment that is not mention in LC.

Thanks for your reply

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picant
Posts: 2026
Joined: Wed Aug 20, 2008 1:49 pm

No

Post by picant » Sun Jul 13, 2014 12:10 pm

Hi Pal,

ISBP 745 point C7 admits deduction covering advance payment , discount, etc that is not stated in the credit.
Ciao

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