discrepancy letter of credit

Definition of "discrepancy letter of credit"
  1. A situation where the documents provided don't match the stipulations of the letter of credit, leading to banking institutions not processing the documents until further instructions from the buyer or seller
How to use "discrepancy letter of credit" in a sentence
  1. The bank stopped the processing due to a discrepancy letter of credit.
  2. The discrepancy letter of credit prevented the funds from being released.
  3. Due to the discrepancy letter of credit, the buyer had to provide additional documentation.
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