Banks enjoy finding Discrepancies

2018-05-24T14:45:47+00:00March 1st, 2017|

We constantly receive feedback from exporting companies frustrated by the apparent inflexibility of banks when examining documents presented under letters of credit. The perception is that "banks enjoy finding discrepancies because of the fees they can earn. Easy money!" But is this fair? As a former documentary credits document examiner, I can honestly say that it [...]