Pickup date and sign on the courier receipt
Posted: 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
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
