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1. NOMINATED BANK/CONFIRMING BANK MAY SEND INTIMATION TO THE LC ISSUING BANK FOR
WAIVER/ACCEPTANCE OF DISCREPENCY(S).
2. MAY ASK ISSUING BANK FOR CONFIRMATION FOR NEGOTIATION.
3 MAY SEND DOCUMENTS APPROVAL BASIS/COLLECTION BASIS.
if Confirming Bank / Nominating Bank receive discrepant documents will be as follows :-
1- Will Inform the beneficiary about such discrepancy(ies).
2- Send a Notice of Discrepancy(ies) to Issuing Bank.
3- Obtain Beneficiary consent to Send on Approval Basis.
4-Send the discrepant document to the issuing bank.
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