Pickup date and sign on the courier receipt

International Standard Banking Practice
larryBacon
Posts: 689
Joined: Fri Apr 05, 2019 5:26 pm

Pickup date and sign on the courier receipt

Post by larryBacon » Thu Jun 30, 2005 1:00 am

Lisa,

I suspect that scanning the bar code is the electronic equivalent of a signature to imply receipt. I would question any document claiming to be a receipt which did not evidence receipt of goods/documents. Signature by the courier I would accept as evidence of receipt, but it is debatable whether other (e.g. electronic) indications of receipt would be acceptable under a LC, especially if eUCP were not invoked by the LC.

It seems obvious to me that the move from couriers' signature to scanning was done without thought of the consequences relating to letters of credit and probably without knowledge of LCs.

Laurence
KimChristensen
Posts: 404
Joined: Fri Apr 05, 2019 5:21 pm

Pickup date and sign on the courier receipt

Post by KimChristensen » Thu Jun 30, 2005 1:00 am

Dear Laurence,

Well of course the “move from couriers' signature to scanning was done without thought of the consequences relating to letters of credit”. These companies need to innovate and make it more efficient all the time. If they were to wait for the UCP … well then they would have to wait very long :-)

Nice seeing you in Dublin.

Best regards
Kim
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