THE DISCREPANCY FEE DILEMMA: WHEN $50 BECOMES A BATTLE QUESTION Dear Mr. Old Man, We presented documents under an LC that were in full compliance, but the issuing bank still raised one or two discrepancies and deducted a discrepancy fee from the proceeds. We dispute the discrepancies and have asked the issuing bank to refund the fee that was wrongly deducted. However, the bank either insists the discrepancies are … Read More