DOES ACCEPTING DISCREPANT DOCUMENTS MEAN THAT A BANK HAS TO ACCEPT SIMILAR DISCREPANCIES ON FUTURE DRAWINGS QUESTION Dear Mr. Old Man, We need your professional opinion on the following issue: LC issued by our bank stipulates goods are shipped in 2 shipments. The beneficiary effected the 1st shipment and presented the documents to our bank via Bank N for reimbursement. We checked and found the bill of lading to contain the discrepancy “shipped on board notation … Read More