The Discrepancy Letter of Credit is a crucial document in international trade finance operations within Qatar's jurisdiction. It is issued when a bank identifies inconsistencies or discrepancies in documents presented under a Letter of Credit transaction. The document must comply with Qatar's Commercial Law No. 27 of 2006, Qatar Central Bank regulations, and international UCP 600 standards. It serves multiple purposes: formally notifying the beneficiary of specific discrepancies, protecting the bank's position, documenting the examination process, and providing clear options for resolution. Used primarily in international trade transactions, this document helps maintain the integrity of Letter of Credit operations while ensuring compliance with both Qatari and international banking standards. The letter typically includes detailed references to the original Letter of Credit, specific discrepancies found, timeframes for response, and available courses of action for the beneficiary.

1. Letter Header: Bank's letterhead, date, reference numbers, and addressee details

2. Letter of Credit Reference: LC number, date of issuance, and amount

3. Document Presentation Details: Date of presentation and list of documents presented

4. Discrepancy Declaration: Clear statement that documents contain discrepancies

5. List of Discrepancies: Detailed enumeration of each discrepancy found in the documents

6. Bank's Decision: Statement of bank's position regarding the discrepant documents

7. Available Options: Clear explanation of options available to the beneficiary

8. Time Limits: Specification of any time limits for response or action

9. Closing and Signature: Formal closing, authorized signature block, and bank officer details