DISCREPANCIES CHARGES/DOCUMENTARY CREDIT COMMISSION OF THE ISSUING BANKS WILL BE CHARGED AT THE RATE OF 0.1PERCENT PER MONTH OR A MINIMUM OF USD 100.00 OR EQUIVALENT ON:
(A)THE AMOUNT EXCESS OF THE LC AMOUNT FROM THE DATE OF ISSUE UNTIL THE DATE OF PRESENTATION (IF APPLICABLE) AND
(B)THE AMOUNT OF THE LC FROM THE EXPIRY DATE TILL DATE OF PRESENTATION( IF APPLICABLE)
THE CHARGES/COMMISSION WILL BE FOR THE BENEFICIARY′S ACCOUNT