Hello,
I have the question, if a covering schedule/cover letter that accompanies documents under a letter of credit actually requires any signature under UCP 600 or ISBP or any other rules by ICC.
Often you can see covering schedules stating "This is a computer-generated letter and requires no signature" or "Form without signature". Are there any requirements for signatures?
Many thanks in advance,
Alex
Signatures Required on Covering Schedule
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alex
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picant
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Re: Signatures Required on Covering Schedule
HI PAL,
I think that the question is regulated locally by the Bankers association. We had forms that were used in
the European Union, furtherly some european banks changed electronic system ans started using
different layout of remittance/cover letter, in the meantime authorized signatures booklets were dismissed.
So, in case of doubt, send a Swift message to the remitting bank, but Special courier waybill(DHL, etc)
IMHO is enough.
Other comments appreciated
Ciao
I think that the question is regulated locally by the Bankers association. We had forms that were used in
the European Union, furtherly some european banks changed electronic system ans started using
different layout of remittance/cover letter, in the meantime authorized signatures booklets were dismissed.
So, in case of doubt, send a Swift message to the remitting bank, but Special courier waybill(DHL, etc)
IMHO is enough.
Other comments appreciated
Ciao